Ordered that the order is affirmed, with costs.
On March 5, 2010, the defendant Manuel Rey (hereinafter the defendant) borrowed the principal sum of $720,000. The loan was evidenced by a note and secured by a home equity conversion mortgage, also known as a reverse mortgage, encumbering certain real property in Long Beach. In October 2014, the plaintiff commenced this action to foreclose the reverse mortgage, alleging a failure to pay taxes and insurance premiums...
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