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Its, ordered that this motion (No. 004) by the plaintiff to have an order vacating this new judgment off foreclosure and you can product sales, cancelling the observe out of pendency and you may giving the fresh plaintiff get-off to help you discontinue it home loan foreclosure step is known as not as much as CPLR 3217, 5015 and 6514 which is refuted.
It mortgage foreclosure action is began because of the above-named plaintiff by the filing of one’s summons and complaint at the office of one’s clerk towards the . Your order repairing the defaults when you look at the responding of your defendants and you will appointing a beneficial referee so you’re able to compute is actually issued through to the latest plaintiff’s ex parte software towards the . Brand new statement of your referee to help you calculate try confirmed in the wisdom from foreclosure and you can business which had been entered of the clerk with the ed plaintiff ceased the businesses as it was drawn more because of the Lender regarding America.
From the instantaneous motion (Zero. 004), the recommendations on the called plaintiff, without the elaboration of their preservation because of the any replacement to the now defunct called plaintiff, tries your order vacating new view regarding property foreclosure and you can marketing, cancelling the fresh find out-of pendency and giving the fresh new plaintiff exit so you can cease so it home loan foreclosures action. Really the only surface so-called is just as pursue:
“Once commencement on the step and you can following the Wisdom away from Property foreclosure and you may Marketing is actually entered, plaintiff expected the action end up being deserted. Therefore, affirmant is actually requesting brand new discontinuance for the step, vacature of Judgment away from Property foreclosure and you may Selling, launch of the latest designated referee and you will cancellation of find out-of pendency” ( select eight of one’s approval of plaintiff’s counsel attached to swinging records).
“It is elementary that a final judgment or order represents a valid and conclusive adjudication of the parties’ substantive rights” ( Da Silva v Musso , 76 NY2d 436, 440 ). A judgment <**39>of foreclosure and sale entered against a defendant is thus “final as to all questions at issue between the parties, and concludes all matters of defense which were or might have been litigated in the foreclosure action” ( Long Is. Sav. Bank v Mihalios , 269 AD2d 502, 503 [2d Dept 2000]; see New Horizons Invs. v Marine Midland Bank , 248 AD2d 449 [2d Dept 1998]; see also Signature Bank v Epstein , 95 AD3d 1199 [2d Dept 2012]). Doctrines such as law of the case, res judicata, collateral estoppel and full faith and credit serve to protect the sanctity and finality of judicial orders and judgments. They thus remain inviolate unless they are reversed by appellate processes or are vacated by the court itself under its inherent powers or those statutorily conferred upon it by CPLR 5015 ( see Matter of Huie [Furman] , 20 NY2d 568 ). While a court possesses both inherent and statutory powers to vacate a default judgment on certain grounds ( see Wilson v Galicia Contr. & Restoration Corp ., 10 NY3d 827, 830 ; Woodson v Mendon Leasing Corp. , 100 NY2d 62 ), nothing in the record adduced on the instant motion reveals that the drastic relief of vacatur is appropriate under the circumstances ( see Matter of Huie [Furman] , 20 NY2d 568, 572 [*3] [” Absent the sort of circumstances mentioned in CPLR 5015, . . . a determination of a court from which no appeal has been taken ought to remain inviolate ” (emphasis added)]).