Ordered that the order is affirmed insofar as appealed from, with costs.
This case arose from a promissory note executed by Calrat Enterprises, Inc. (hereinafter Calrat), the borrower, and Chemical Bank, the lender. The note, which was executed in conjunction with Calrat's purchase of a bakery franchise, was guaranteed by the defendants Orlando R. David and Josephine C. David (hereinafter the Davids). The guarantee and the note were later assigned to the plaintiff...
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