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Bank Leumi Tr. Co. of N.Y. v. Lighting Park

Appellate Division of the Supreme Court of New York, First Department
May 18, 1995
215 A.D.2d 246 (N.Y. App. Div. 1995)

Opinion

May 18, 1995

Appeal from the Supreme Court, New York County (Carol Arbor, J.).


A mortgagee establishes a prima facie case for foreclosure by production of the mortgage documents and proof of default (Village Bank v Wild Oaks Holding, 196 A.D.2d 812). Contrary to defendant's contentions there is no requirement that where, as here, the mortgage debt has been guaranteed, the mortgagee must also allege that the guarantor was given notice of the default and failed to cure it (cf., supra). The court properly converted the motion to dismiss to one for summary judgment after giving adequate notice of its intention to do so (CPLR 3211 [c]; see, Four Seasons Hotels v Vinnik, 127 A.D.2d 310, 319-320), and correctly found that defendant's conclusory and unsupported claims of fraud and collusion between plaintiff and the guarantor do not raise an issue of fact (see, Friesch-Groningsche Hypotheekbank Realty Credit Corp. v Ward Equities, 188 A.D.2d 397). The court also properly exercised its discretion in appointing a receiver under mortgage documents expressly providing therefor (Real Property Law § 254; see, Clinton Capital Corp. v One Tiffany Place Developers, 112 A.D.2d 911, 912), and as the property, a parking lot, was generating "rents and profits" (Fairchild v Gray, 136 Misc. 704, 707), properly refused to restrain the receiver from utilizing the booth located on the lot and collecting income from licensees permitted to park thereon (see, Holmes v Gravenhorst, 263 N.Y. 148, 153-154).

Concur — Murphy, P.J., Ellerin, Kupferman, Ross and Mazzarelli, JJ.


Summaries of

Bank Leumi Tr. Co. of N.Y. v. Lighting Park

Appellate Division of the Supreme Court of New York, First Department
May 18, 1995
215 A.D.2d 246 (N.Y. App. Div. 1995)
Case details for

Bank Leumi Tr. Co. of N.Y. v. Lighting Park

Case Details

Full title:BANK LEUMI TRUST COMPANY OF NEW YORK, Respondent, v. LIGHTNING PARK, INC.…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: May 18, 1995

Citations

215 A.D.2d 246 (N.Y. App. Div. 1995)
626 N.Y.S.2d 202

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