Marine Midland Bank v. Bullard Orchards, Inc.

— Yesawich, Jr., J.

A mortgage plaintiff holds, taken in 1971 upon the property of defendant Bullard Orchards, Inc. (hereinafter The Orchards), is guaranteed by defendants T. David Bullard and Linda C. Bullard. On March 7, 1986, following The Orchards’ failure to pay three consecutive quarterly installments totaling over $8,500, plaintiff declared due and payable by March 21, 1986 the entire unpaid principal balance, together with interest and late charges, totaling approximately $55,000.

As a result of telephone conversations involving counsel for The Orchards and the Bullards (hereinafter…