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Long Island Savings Bank v. Denkensohn

Appellate Division of the Supreme Court of New York, Second Department
Dec 29, 1995
222 A.D.2d 659 (N.Y. App. Div. 1995)

Opinion

December 29, 1995

Appeal from the Supreme Court, Queens County (Lerner, J.).


Ordered that the order is affirmed, with costs.

The appellants contend that the plaintiff was required to send a notice of acceleration of mortgage debt as a condition precedent to requiring immediate payment of the entire amount of debt then remaining under the note. However, a review of the mortgage reveals that its terms unambiguously provided that upon the appellants' default in payment, the plaintiff was entitled to accelerate the entire remaining unpaid mortgage debt "without making any further demand for payment".

In addition, there is no merit to the appellants' contention that the complaint did not adequately quantify the amount due under the mortgage. In any event "[a] dispute as to the exact amount owed by the mortgagor to the mortgagee may be resolved after a reference pursuant to RPAPL 1321, and the existence of such a dispute does not preclude the issuance of summary judgment directing the sale of the mortgaged property" (Crest/Good Mfg. Co. v Baumann, 160 A.D.2d 831, 832).

The appellants' remaining contention is without merit. Balletta, J.P., O'Brien, Santucci and Florio, JJ., concur.


Summaries of

Long Island Savings Bank v. Denkensohn

Appellate Division of the Supreme Court of New York, Second Department
Dec 29, 1995
222 A.D.2d 659 (N.Y. App. Div. 1995)
Case details for

Long Island Savings Bank v. Denkensohn

Case Details

Full title:LONG ISLAND SAVINGS BANK OF CENTEREACH, F.S.B., Respondent, v. JERALD…

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

Date published: Dec 29, 1995

Citations

222 A.D.2d 659 (N.Y. App. Div. 1995)
635 N.Y.S.2d 683

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