Schwartz v. Bender Investments, Inc.

On August 20, 1969 defendant, Bender Investments, Inc., made and delivered to plaintiffs a note in the principal sum of $2,900. The note was secured by a mortgage executed and delivered by the same defendant covering properties in Orange and East Orange. Payment of the obligation evidenced by the note was guaranteed by the individual defendants, John S. Bender and Margaret I. Bender, his wife. The debt being in default, plaintiffs commenced suit in the Essex County District Court on the note and on the individual guaranties. Yarious defenses were interposed and plaintiffs moved for summary…