SHORES, Justice.
The plaintiff is an Alabama corporation known as Northside Restaurant Corporation (hereinafter lender) who, in July of 1980, agreed to loan Hugh V. Smith, Jr., and Harry H. Perdue, Jr. (hereinafter borrowers), $110,000.00. To effect this agreement, the borrowers executed a promissory note to the lender in the principal sum of $110,000.00, together with simple interest computed daily from the date of the note at the prime rate of interest as determined...
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