Plaintiffs acquired title to real property in Essex County on April 27, 1970 subject to a first mortgage, held by a bank, which they assumed and agreed to pay. Both that mortgage and a purchase-money second mortgage given by plaintiffs to their grantors are now held by defendant Janet R. Friedman through assignments. A consolidation and extension agreement between Janet Friedman and plaintiffs was executed on November 11, 1974. Plaintiffs failed to pay taxes assessed in 1977...
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