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WOODRIDGE HOTEL, L. L. C. v. HOTEL LAKE HOUSE, INC.

281 A.D.2d 778 (2001)

722 N.Y.S.2d 275

WOODRIDGE HOTEL, L. L. C., Respondent, v. HOTEL LAKE HOUSE, INC., et al., Defendants, and MENDEL E. OFMAN, Appellant.

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

Decided March 15, 2001.

Cardona, P. J.

The subject foreclosure action involves adjoining tracts of land near the Village of Woodbridge, Sullivan County, which were owned by defendant Hotel Lake House, Inc., and defendants Abraham Schwartz and Israel Spiegel. Initially, separate purchase money mortgages were executed in favor of nonparty mortgagees against both parcels. The two mortgages were combined in August 1990 through a recorded "Consolidation, Modification and Spreading Agreement,...

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