Peters, J.
Between June 1991 and January 1995, Glens Falls National Bank & Trust Company (hereinafter GFNB) extended a series of loans and lines of credit to plaintiff, a construction company, totaling over $2 million. These amounts were secured with a duly executed and perfected security interest in plaintiff's current and after-acquired equipment, inventory, accounts receivable, contract rights and general intangibles.
In May 1995, plaintiff filed a...
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