Inasmuch as an action to foreclose a mortgage is an equitable proceeding ( Jamaica Sav. Bank v. M.S. Investing Co., 274 N.Y. 215, 219; Blomgren v. Tinton 763 Corp., 18 A.D.2d 979, 980), we agree with the IAS Court that under the circumstances herein the plaintiff mortgagee may be compelled to issue an assignment of the mortgage upon full payment of the mortgage indebtedness pursuant to Real Property Law § 275 ( see, Goldstein v. Soledad Place Corp., 157 Misc.2d 801).
Concur — Rosenberger, J.P., Wallach, Rubin and Mazzarelli, JJ.