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RELIANCE FEDERAL SAVINGS BANK v. ALTMAN
Appellate Division of the Supreme Court of New York, Second Department.
Feb 17, 2000
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DECISION ORDER
ORDERED that the order is affirmed, with costs.
We agree with the Supreme Court that this action was timely commenced. The loan documents provided that the acceleration of the mortgage debt was at the option of the mortgagee. The recovery of installments due within six years of the commencement of the instant action was not time-barred (see, Loiacono v. Goldberg, 240 A.D.2d 476 ; Pagano v. Smith, 201 A.D.2d 632, 633 ).
The appellants' remaining contentions are without merit.
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