Spain, J.
On August 16, 1994, defendants executed a promissory note pursuant to which they agreed to pay plaintiff's decedent the sum of $112,750 with 10% interest payable monthly and principal repayable in two installments of $56,375 due February 1, 1996 and February 1, 1997, respectively. Defendants made the first installment payment of $56,375 and each of the monthly interest payments until January 1996, after which they made no further payments. The stated reason...
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