L.G.H. ENTERS., INC. v. KADILAC MORTGAGE BANKERS, LTD.


225 A.D.2d 735 (1996)

640 N.Y.S.2d 155

L.G.H. Enterprises, Inc., Respondent, v. Kadilac Mortgage Bankers, Ltd., Appellant, et al., Defendant

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

March 25, 1996


Ordered that the judgment is reversed, on the law, with costs, the plaintiff's motion for summary judgment is denied, and, upon searching the record, the defendant Kadilac Mortgage Bankers, Ltd., is granted summary judgment declaring it to be entitled to insurance proceeds in the principal sum of $100,000.

The plaintiff owned improved real property located in Sayville, New York. On September 8, 1989, the plaintiff executed a mortgage and mortgage note in favor of...

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