HOPKINS v. TINGHINO


248 A.D.2d 794 (1998)

669 N.Y.S.2d 735

Stacey Hopkins, Respondent, v. Dominick J. Tinghino et al., Appellants

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

March 5, 1998


Cardona, P. J.

Plaintiff commenced this action against defendants to recover sums due under a $125,000 mortgage note which had been assigned to plaintiff. The note, dated September 1, 1989, required defendants to make interest-only payments at the rate of 16% per annum commencing October 1, 1989 and continuing monthly until September 1, 1990, at which time the principal balance was due. In their answer to the complaint, defendants, inter alia,...

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