DITMID HOLDINGS, LLC v. JPMORGAN CHASE BANK, N.A.

2017-02354.

180 A.D.3d 1002 (2020)

120 N.Y.S.3d 393

2020 NY Slip Op 01326

Ditmid Holdings, LLC, Respondent, v. JPMorgan Chase Bank, National Association, Appellant.

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

Decided February 26, 2020.


Ordered that the order is affirmed insofar as appealed from, with costs.

On April 28, 2006, nonparty Abderrahim Salaii executed a note and gave a mortgage on certain real property located in Brooklyn in exchange for a loan. The note provided for repayment of the loan in monthly installments, and the mortgage included a provision authorizing the lender to accelerate the full amount due upon the borrower's default in payment and notice by the lender. On January 15,...

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