BANK OF N.Y. MELLON v. CELESTIN

2016-04957. Index No. 33248/15.

164 A.D.3d 733 (2018)

83 N.Y.S.3d 166

2018 NY Slip Op 05815

Bank of New York Mellon, Respondent, v. Mona Celestin et al., Defendants, and Alberte Laguerre, Appellant.

Appellate Division of the Supreme Court of New York, Second Department.

Decided August 22, 2018.


Ordered that the order is affirmed, with costs.

In 2006, the defendant Mona Celestin executed a note in favor of American Brokers Conduit (hereinafter ABC) and, as security, gave a mortgage to Mortgage Electronic Registration Systems, Inc., as nominee for ABC, encumbering certain real property. Both the note and the mortgage provided that the lender could require immediate payment in full in the event of the borrower's default, which included the failure to make the...

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