The 1989 loan agreement between defendant creditor's assignor and plaintiff guarantor's principal, which significantly increased the amounts extended under the 1986 loan agreement by defendant's assignor to plaintiff's principal, and expressly "supersede[d] and replace[d]" the 1986 loan agreement, did not merely modify the 1986 loan agreement, as defendant argues, but constituted a novation thereof (see Northville Indus. Corp. v Fort Neck Oil Terms. Corp.,
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