On April 28, 1987, defendants, Anthony J. Milasi, Andrew C. Francis and Joel Levy (hereinafter defendant), officers of Francis-Milasi Corporation (hereinafter the corporation), executed a written instrument whereby they unconditionally guaranteed payment of all existing and future indebtedness of the corporation to plaintiff. The guarantee provided in pertinent part that it was "a continuing guaranty of payment of any and all * * * liabilities...
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