Ordered that the judgment is reversed insofar as appealed from, on the law, with costs, and the matter is remitted to Supreme Court, Suffolk County, for further proceedings consistent herewith.
The plaintiffs gave the defendants a promissory note dated May 15, 1991 (hereinafter the 1991 note) as partial consideration for their purchase of a boat marina located in East Hampton. The 1991 note was in turn altered by a Modification Agreement dated November 17, 1992 (hereinafter...
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