Ordered that the order is affirmed insofar as appealed from, with costs.
Contrary to the contention of the defendant mortgagors, National Loan Investors, L.P. (hereinafter National Loan), which is the assignee of the mortgage and promissory note, is entitled to the deficiency judgment. In 1991, the mortgagors entered into a stipulation with National Loan's predecessor-in-interest, which provided that the foreclosure action would be discontinued if certain conditions...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.