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FIRST FED. SAV. & LOAN ASS'N OF ROCHESTER v. ROMANO

253 A.D.2d 363 (1998)

676 N.Y.S.2d 163

First Federal Savings and Loan Association of Rochester, Respondent, v. Eugene A. Romano, Appellant

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

August 6, 1998

Plaintiff, a lending institution, commenced this action to recover a deficiency that resulted after plaintiff sold defendant's interest in a cooperative apartment at a public auction. Defendant, who borrowed $41,800 from plaintiff to finance the purchase over six years before, had given plaintiff a security interest in the shares of stock issued to him by the cooperative corporation, as well as in the proprietary lease. When defendant...

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