GREEN, J.
Mr. and Mrs. Lynn E. Phipps appeal a summary judgment construing a guaranty agreement.
The facts surrounding the relationship of the parties which precipitated this lawsuit may be summarized as follows:
Prior to April 5, 1966, the Nords were indebted to the Phippses in the approximate amount of $13,700. This debt was secured by a real property mortgage. The Nords were also owners of stock in Market Street Motors, Inc. In April of 1966, the...
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