According to the verified complaint, filed on December JO, 2019, Radyo defaulted under the terms of the mortgage and note by failing to make the monthly payments due on August I, 2019 and each month thereafter. By assignment dated Novemaud recorded December I, 2017, the subject mortgage "ogether with the note(s) aud obligations therein described or referred to," were assigned from Velocity to plaintiff. As additional security, Joseph executed a personal guaranty. The mortgage was executed by Radyo on Novemto secure a $429,000 note in favor of Velocity Commercial Capital Inc. Plaintiff commenced this action to foreclose a commercial mortgage encrunbering the property at 1685 Nostrand Avenue in Brooklyn. 526818/2019 RECEIVED NYSCEF: and Geffrard Joseph (Joseph) (ii) pursuant to CPLR 3215, granting a default judgment against defendants NYC Bureau of Highway Operations, New York City Environmental Control Board, New York City Parlopinion is uncorrected and not selected for official publication. Knipel Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. 2021 NY Slip Op 31296(U) ApSupreme Court, Kings County Docket Number: 526818/19 Judge: Lawrence S.
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