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CORNING FEDERAL CREDIT UNION v. AMERICAN MADE TIRES, INC.

526272.

167 A.D.3d 1359 (2018)

90 N.Y.S.3d 648

2018 NY Slip Op 08981

Corning Federal Credit Union, Respondent, v. American Made Tires, Inc., et al., Defendants, and Steven Georgilis, Appellant.

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

Decided December 27, 2018.

In July 2010, defendant Steven Georgilis (hereinafter defendant), in his capacity as president of defendant American Made Tires, Inc. (hereinafter AMT), executed a mortgage term promissory note in the amount of $150,000 in favor of plaintiff. This mortgage term promissory note was secured by the home of defendant and his wife. Defendant...

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