Opinion
2020-02535 Index No. 506942/17
10-25-2023
WELLS FARGO BANK, N.A., respondent, v. Pincus FRANKEL, appellant, et al., defendants.
IM Law Group, P.C., Cedarhurst, NY (Igor Meystelman of counsel), for appellant. Goodwin Procter LLP, New York, NY (Allison J. Schoenthal and Allison M. Funk of counsel), for respondent.
IM Law Group, P.C., Cedarhurst, NY (Igor Meystelman of counsel), for appellant.
Goodwin Procter LLP, New York, NY (Allison J. Schoenthal and Allison M. Funk of counsel), for respondent.
ANGELA G. IANNACCI, J.P., PAUL WOOTEN, BARRY E. WARHIT, LILLIAN WAN, JJ.
DECISION & ORDER In an action to foreclose a mortgage, the defendant Pincus Frankel appeals from an order of the Supreme Court, Kings County (Noach Dear, J.), dated December 10, 2019. The order, insofar as appealed from, granted those branches of the plaintiff's motion which were for summary judgment on the complaint insofar as asserted against the defendant Pincus Frankel, to strike that defendant's answer, and for an order of reference.
ORDERED that the order is affirmed insofar as appealed from, with costs.
In June 2007, the defendant Pincus Frankel (hereinafter the defendant) executed a note that was secured by a mortgage on certain real property located in Brooklyn. On June 13, 2011, the plaintiff commenced an action to foreclose the mortgage (hereinafter the 2011 action), and a judgment of foreclosure and sale was issued on July 28, 2015. In February 2017, the plaintiff moved, inter alia, to vacate the judgment of foreclosure and sale and to discontinue the 2011 action. In an order dated June 1, 2017, the Supreme Court granted the motion.
In the interim, on April 7, 2017, the plaintiff commenced this action to foreclose the mortgage. The defendant interposed an answer asserting various affirmative defenses, including that the action was barred by the applicable statute of limitations. The plaintiff then moved, inter alia, for summary judgment on the complaint insofar as asserted against the defendant, to strike his answer, including all counterclaims and affirmative defenses, and for an order of reference. In an order dated December 10, 2019, the Supreme Court, among other things, granted those branches of the plaintiff's motion. The defendant appeals.
An action to foreclose a mortgage is governed by a six-year statute of limitations (see CPLR 213[4] ; Lubonty v. U.S. Bank N.A., 34 N.Y.3d 250, 261, 116 N.Y.S.3d 642, 139 N.E.3d 1222 ). "[E]ven if a mortgage is payable in installments, once a mortgage debt is accelerated, the entire amount is due and the Statute of Limitations begins to run on the entire debt" ( BHMPW Funding, LLC v. Lloyd–Lewis, 194 A.D.3d 780, 782, 149 N.Y.S.3d 141 [internal quotation marks omitted]; see GMAT Legal Title Trust 2014–1 v. Kator, 213 A.D.3d 915, 916, 184 N.Y.S.3d 805 ). Acceleration occurs, inter alia, by the commencement of a foreclosure action wherein the holder of the note elects in the complaint to call due the entire amount secured by the mortgage (see GMAT Legal Title Trust 2014–1 v. Kator, 213 A.D.3d at 916, 184 N.Y.S.3d 805 ; Ditech Fin., LLC v. Connors, 206 A.D.3d 694, 697, 170 N.Y.S.3d 560 ). A lender may revoke its election to accelerate the mortgage, but it must do so by an affirmative act of revocation occurring during the six-year statute of limitations period subsequent to the initiation of the prior foreclosure action (see HSBC Bank USA, N.A. v. Gold, 171 A.D.3d 1029, 1030, 98 N.Y.S.3d 293 ).
Here, contrary to the defendant's contention, the plaintiff established, prima facie, that this action was not time-barred. The plaintiff demonstrated that, although the mortgage debt was accelerated in June 2011 when the 2011 action was commenced, this action, commenced in April 2017, less than six years later, was timely (see Bank of N.Y. Mellon v. Shurko, 209 A.D.3d 951, 953, 177 N.Y.S.3d 593 ; Bank of Am., N.A. v. Riche, 190 A.D.3d 674, 675–676, 135 N.Y.S.3d 900 ). In opposition, the defendant failed to raise a triable issue of fact.
Accordingly, the Supreme Court properly granted those branches of the plaintiff's motion which were for summary judgment on the complaint insofar as asserted against the defendant, to strike his answer, and for an order of reference.
IANNACCI, J.P., WOOTEN, WARHIT and WAN, JJ., concur.