In May, 1973, plaintiff loaned defendant Garden Cities Development Corporation (Garden Cities) $675,000, secured by a mortgage on certain real property and the joint and several personal guarantees of defendants Gold, Weingarten and Weil. Thereafter, on September 18, 1973, plaintiff loaned the additional sum of $675,000 to Garden Cities, secured by another mortgage on realty and the personal joint and several guarantees of Gold and Weil. In March, 1974, plaintiff commenced...
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