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Eumi Co. v. 105 East Second Street Associates

Appellate Division of the Supreme Court of New York, First Department
Jun 16, 1998
251 A.D.2d 164 (N.Y. App. Div. 1998)

Opinion

June 16, 1998

Appeal from the Supreme Court, New York County (William McCooe, J.).


Plaintiff established a prima facie case of ownership and nonpayment by introduction of the consolidated mortgage and assignment into evidence, and oral testimony of the principal amount due ( see, Isaacson v. Karpe, 84 A.D.2d 868; Keahon v. Spinelli, 135 A.D.2d 503). It was not error to apply the 24% annual interest rate upon default provided in the mortgage documents ( see, Stein v. American Mtge. Banking, 216 A.D.2d 458; compare, Banque Nationale v. 1567 Broadway Ownership Assocs., 248 A.D.2d 154). We have considered defendant's remaining arguments and find them to be without merit.

Concur — Sullivan, J. P., Rosenberger, Rubin, Williams and Mazzarelli, JJ.


Summaries of

Eumi Co. v. 105 East Second Street Associates

Appellate Division of the Supreme Court of New York, First Department
Jun 16, 1998
251 A.D.2d 164 (N.Y. App. Div. 1998)
Case details for

Eumi Co. v. 105 East Second Street Associates

Case Details

Full title:EUMI COMPANY, L. L. C., Respondent, v. 105 EAST SECOND STREET ASSOCIATES…

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

Date published: Jun 16, 1998

Citations

251 A.D.2d 164 (N.Y. App. Div. 1998)
673 N.Y.S.2d 906