Plaintiff commenced this action seeking to enforce payment of a renegotiated promissory note. The parties originally executed a promissory note in February 1985. This note was for $60,000 and set the rate of interest at 12% per annum. Defendant defaulted in making payments on the note and she thereafter renegotiated the debt with plaintiff. Accordingly, in March 1987 a new promissory note in the amount of $58,000 was executed by the parties...
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