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Facts: Two guarantors agreed to be liable for rent payments under a lease for stationery store space. Shortly before the lease was to expire, the tenant and the owner of the shopping center where the store was located entered into an amendment, extending the lease term. The amendment provided that the tenant was obligated to pay its minimum annual rent in equal monthly installments on or before the first day of each calendar month. After the tenant failed to pay the minimum rent and operating costs that were due, the owner tried to enforce the guaranty.
