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Bank Leumi Trust Company v. Mari-Age Bridals

Appellate Division of the Supreme Court of New York, Second Department
May 8, 1995
215 A.D.2d 422 (N.Y. App. Div. 1995)

Opinion

May 8, 1995

Appeal from the Supreme Court, Nassau County (Molloy, J.).


Ordered that the order and judgment is affirmed, with costs.

Contrary to the appellant's contentions, RPAPL 1301 does not bar the plaintiff from foreclosing on the subject property. In this case, the obligation secured by the mortgage was the appellant's limited guaranty of payment on a separate loan made by the plaintiff to the defendant Mari-Age Bridals, Inc. Because the obligation secured by the mortgage was separate and independent from the note accompanying the mortgage, as contemplated by RPAPL 1301, the plaintiff was not barred by that statute from obtaining a judgment of foreclosure and sale (see, GIT Indus. v Rose, 94 A.D.2d 714; Bank Leumi Trust Co. v Sibthorp, 135 A.D.2d 476).

The appellant's remaining contention is without merit. Mangano, P.J., Sullivan, Copertino and Altman, JJ., concur.


Summaries of

Bank Leumi Trust Company v. Mari-Age Bridals

Appellate Division of the Supreme Court of New York, Second Department
May 8, 1995
215 A.D.2d 422 (N.Y. App. Div. 1995)
Case details for

Bank Leumi Trust Company v. Mari-Age Bridals

Case Details

Full title:BANK LEUMI TRUST COMPANY OF NEW YORK, Respondent, v. MARI-AGE BRIDALS…

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

Date published: May 8, 1995

Citations

215 A.D.2d 422 (N.Y. App. Div. 1995)
626 N.Y.S.2d 535

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