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GATEWAY STATE BANK v. PUMA

229 A.D.2d 373 (1996)

644 N.Y.S.2d 560

Gateway State Bank, Respondent, v. Joseph Puma, Appellant, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, Second Department.

July 1, 1996

Ordered that the order is reversed, on the law, with costs, the motion is granted, the deficiency judgment is vacated insofar as it is against the appellant, and the cross motion is denied.

On April 17, 1990, the appellant, Joseph Puma, and the co-defendant, Adam Krebushevski, signed a mortgage note in the principal sum of $140,000, and simultaneously issued a mortgage covering certain real property. After the occurrence...

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