(Download) "Marine Midland Bank v. Peter G. Cafferty" by Supreme Court of Pennsylvania " eBook PDF Kindle ePub Free
eBook details
- Title: Marine Midland Bank v. Peter G. Cafferty
- Author : Supreme Court of Pennsylvania
- Release Date : January 20, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 74 KB
Description
Defendant Peter G. Cafferty applied for a mortgage from plaintiff to finance the purchase of a large tract of land in the Town of Windsor, Broome County, and to develop the infrastructure on a portion for a residential community. On August 28, 1986, plaintiff issued a commitment to grant a 24-month mortgage loan in the sum of $1.2 million subject to a number of general and specific conditions. The loan, mortgage and building loan contract closed on November 5, 1986 with full repayment to be made by November 1, 1988.