Peters, J.
In September 1993, plaintiff sold a 1½-acre lot to defendant Safari Enterprises, Inc. (hereinafter defendant), for $4,500 conditioned upon its construction of a manufacturing facility of at least 5,000 square feet. As security, they entered into a sale and leaseback agreement in December 1993 (hereinafter the lease agreement) wherein plaintiff agreed to disburse $85,001 in exchange for the conveyance of title to both the building and parcel. Under...
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