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WILSHIRE CREDIT CORPORATION v. GHOSTLAW

300 A.D.2d 971 (2002)

753 N.Y.S.2d 537

WILSHIRE CREDIT CORPORATION, Appellant-Respondent, v. TIMOTHY J. GHOSTLAW et al., Defendants, and GERALD GHOSTLAW et al., Respondents-Appellants.

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

Decided December 26, 2002.

Lahtinen, J.

The dispute between the parties centers primarily around whether a mortgage executed on June 16, 1987 included a certain 8½-acre parcel as part of the total property being encumbered. Three real estate transactions occurring on June 16, 1987 set the pertinent factual background. First, defendants Timothy J. Ghostlaw and Thomas W. Ghostlaw transferred certain real property in the Town of Fort Covington...

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