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MARINE MIDLAND BANK v. NEW HORIZONS INVESTORS, INC.

236 A.D.2d 523 (1997)

653 N.Y.S.2d 685

Marine Midland Bank, N. A., Appellant, v. New Horizons Investors, Inc., et al., Respondents, et al., Defendants

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

February 18, 1997

Ordered that the amended order and judgment is affirmed insofar as appealed from, with costs.

In 1985 the respondents purchased certain property in Garden City after obtaining a mortgage from the appellant, Marine Midland Bank, N. A. In 1991 the appellant commenced the instant action to foreclose upon the mortgage. In May 1993 the appellant obtained a judgment of foreclosure and sale in the sum of $1,315,033.50. At the Referee's sale in July 1993, the premises were...

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