Ellenville National Bank v. Freund

—Yesawich Jr., J.

Appeals (transferred to this Court by order of the Appellate Division, Second Department) (1) from an order of the Supreme Court (Owen, J.), entered February 24, 1992 in Orange County, which granted plaintiff’s motion for summary judgment, and (2) from the judgment entered thereon.

Plaintiff brought this action to recover on a promissory note in the amount of $250,000. This note, signed December 28, *8281990, renewed defendants’ obligation on a previous note, which had been executed on December 1, 1989 in consideration for a loan made by plaintiff to defendants on that date,…