Section 5014. Action upon judgment

Except as permitted by section 15-102 of
  the  general obligations law, an action upon a money judgment entered in
  a court of the state may only be maintained between the original parties
  to the judgment where:
    1. ten years have elapsed since the first docketing of  the  judgment;
  or
    2.  the judgment was entered against the defendant by default for want
  of appearance and the summons was served other than by personal delivery
  to him or to his agent for service designated  under  rule  318,  either
  within or without the state; or
    3.  the court in which the action is sought to be brought so orders on
  motion with such notice to such other persons as the court may direct.
    An action may be commenced  under  subdivision  one  of  this  section
  during  the  year  prior  to the expiration of ten years since the first
  docketing of  the  judgment.  The  judgment  in  such  action  shall  be
  designated a renewal judgment and shall be so docketed by the clerk. The
  lien  of a renewal judgment shall take effect upon the expiration of ten
  years from the first docketing of the original judgment.