GERENSTEIN v. WILLIAMS


282 A.D.2d 813 (2001)

723 N.Y.S.2d 257

LAWRENCE GERENSTEIN, Appellant, v. SHELLEY A. WILLIAMS, Defendant, and IMC MORTGAGE COMPANY, Respondent.

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

Decided April 5, 2001.


Crew III, J.

In April 1994, plaintiff executed a deed conveying certain real property located in the Town of Lloyd, Ulster County, to defendant Shelley A. Williams (hereinafter defendant). Following such conveyance, defendant pledged the property as security for a $200,000 mortgage loan, which was recorded on June 30, 1994. Defendant thereafter obtained a second mortgage loan, again pledging the property as security for $65,000. Finally, defendant obtained a third...

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