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UNITED CAPITAL CORP., Respondent, v. 183 LORRAINE STREET ASSOCIATES et al., Defendants, and FRENCH BOUREKAS, INC., Appellant. (Action No. 1.) 183 LORRAINE STREET ASSOCIATES et al., Plaintiffs,

Ordered that the order is affirmed, with costs.

It is well settled that the owner of the equity of redemption has a right to redeem at any time before an actual sale under a judgment of foreclosure ( see, Belsid Holding Corp. v. Dahm, 12 A.D.2d 499; see also, Bancplus Mtge. Corp. v. Galloway, 203 A.D.2d 222; Finance Inv. Co. v. Gossweiler, 145 A.D.2d 463; Polish Natl. Alliance v. White Eagle Hall Co., 98 A.D.2d 400; First Fed. Say. Loan Assn. v. Smith, 83 A.D.2d 601). Thus, the foreclosure sale which took place on March 4, 1997, extinguished, as a matter of law, the appellants' purported rights to redeem the subject property. Accordingly, the motion was properly denied.

Mangano, P. J., Thompson, Santucci and Altman, J.J., concur.

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UNITED CAPITAL CORP. v. LORRAINE ST. ASSOC
(Jun 4, 1998)