Cambridgeport Savings Bank v. Boersner

The plaintiff, Cambridgeport Savings Bank, brought this action in the Superior Court to collect on a mortgage note in the amount of $2,615,095.49, plus interest, late charges and costs of collection. 2 The defendants, David Boersner and Edgard Puente, each had executed a written guaranty to secure payment in the event of a default on the loan, which had been made by the bank to Boersner and Puente as trustees of Boston Dartmouth Realty Trust. 3 The defendants denied the bank’s allegation that the loan was in default, and they separately filed counterclaims alleging breach of contract, breach…