Judgment affirmed, with costs.
The plaintiff produced unrebutted proof of a loan at 15% interest, evidenced by a promissory note, and of a default by the defendant sufficient to grant summary judgment. The defendant's sole defense to the motion is an unsubstantiated assertion in an affidavit that the loan transaction was a guise for a usurious loan. The defendant asserts that he only received $63,000 of the $70,000 loan proceeds, and that $7,000 was paid to an "Old...
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