RONALD N. DAVIES, District Judge.
In this action, stripped of its many complexities, the Plaintiff seeks judgment against the Defendant, Bednar Motors, Inc., foreclosure of a real and a chattel mortgage, a determination as to the several liens asserted, and application of the proceeds of sale to the satisfaction of the mortgage indebtedness and other liens.
On March 29, 1960, Bednar Motors, Inc. (Bednar), became indebted to the First State Bank of Cooperstown...
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