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BORDEN v. CADLES OF GRASSY MEADOWS

DOCKET NO. A-2386-08T1.

992 A.2d 4 (2010)

412 N.J. Super. 567

Neal BORDEN and Robert Feldman, Plaintiffs-Respondents, v. CADLES OF GRASSY MEADOWS II, LLC, as successor in interest to the Howard Savings Bank, Defendant-Appellant.

Superior Court of New Jersey, Appellate Division.

Decided April 5, 2010.

Attorney(s) appearing for the Case

David K. DeLonge, Jersey City, argued the cause for appellant (Schumann Hanlon, L.L.C., attorneys; Mr. DeLonge, on the brief).

Sam Maybruch, Hazlet, argued the cause for respondents (Maybruch & Zapcic, L.L.C., attorneys; Mr. Maybruch, on the brief).

Before Judges PAYNE, C.L. MINIMAN, and WAUGH.

The opinion of the court was delivered by

MINIMAN, J.A.D.

Defendant Cadles of Grassy Meadows II, L.L.C., the assignee of a judgment in favor of the Howard Savings Bank (the Howard) and its initial assignee, the Federal Deposit Insurance Corporation (FDIC), appeals from a judgment extinguishing and discharging a summary judgment in a foreclosure action under Docket No. F-17852-91 on a commercial mortgage note and guaranties entered in favor of the Howard and...

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