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III. Alex Rodriguez ("'A-Rod") purchased in the name of A-Rod Limited Liability Company ('LLC") a four (4) unit ("'Units") commercial building in the Bronx ('Property") near Yankee Stadium for $2,200,000 ("'Purchase Price") A-Rod was the sole member of the LLC. Chase Bank ("Bank") loaned the LLC $ 2,000,000 toward the Purchase Price. The Bank's loan was secured by a mortgage on the Property ("Mortgage"), an interest only promissory note with a five (5) year balloon payment signed by A-Rod as Managing Member of the LLC (the "Note"), a Security Interest and UCC-1 filing on the rents, leases, and fixtures ("UCC-1"), an Assignment of Rents under the Lease ("Assignment"), and a personal guaranty ("Guaranty") executed by A-Rod in which he guaranteed the payment of one- half( 1/2) of the outstanding Note amount. Unfortunately, due to occupancy restrictions at the Stadium during the COVID-19 pandemic the LLC was only able to rent 1 of the 4 Units for $4,000 a month in rent and consequently due to the others costs of maintaining the Property ($8,000 a month in real estate taxes, $1,500 a month for insurance, $2,000 for utilities and $500 for miscellaneous expenses), was unable to keep current on the Note to the Bank and defaulted on the debt with 4 years remaining on the Note. As a result, the Bank accelerated the debt, notified the tenant to pay the rent directly to the Bank (with the Bank recouping only $4,000 in rent before the tenant vacated the Unit), and the Bank proceeded to foreclose on the Property. The Property was later sold at a foreclosure sale for $1.850,000, and the Bank was able to recoup $1,800,000 after the expenses of the sale were deducted. Does the LLC or A-Rod have any liability to the Bank on the unpaid portion of the debt? If so, in what amount and what action must the Bank take to collect