Appellate Division of the Supreme Court of the State of New York July 9, 1982 (Geddes Savings & Loan Ass'n v. Mishel)

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United States · · · 09-07-1982

Order unanimously affirmed, with costs, as to defendant Seventh Main Street Corporation; appeal as to defendant Mishel dismissed. Memorandum: This is an action to foreclose a mortgage securing a loan of $33,000 at an annual interest rate of 10%. The principal defense is usury. Defendants Lee Terrace, Ltd., and Robert D.

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