Judgment affirmed, with costs.
In 1973, plaintiff TBS Enterprises, Inc. (TBS), sold a shopping center to the predecessor in interest of K.A. Schumacher Equities Corporation (Schumacher), taking back a purchase-money bond and mortgage for $2,350,000. Upon the transfer to Schumacher in 1975, the mortgage was modified. A second mortgage modification followed in 1976, wherein TBS and Schumacher agreed to defer payment of 10 mortgage installments in consideration of specified...
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