(1) As between the obligor and his immediate obligee or any transferee
the  terms  of  an  instrument  may be modified or affected by any other
written agreement executed as a part of  the  same  transaction,  except
that  a  holder  in  due course is not affected by any limitation of his
rights arising out of the separate written agreement if he had no notice
of the limitation when he took the instrument.
  (2) A separate agreement does  not  affect  the  negotiability  of  an
instrument.
Structure New York Laws
Part 1 - Short Title, Form and Interpretation
3-102 - Definitions and Index of Definitions.
3-103 - Limitations on Scope of Article.
3-104 - Form of Negotiable Instruments; "Draft"; "Check"; "Certificate of Deposit"; "Note".
3-105 - When Promise or Order Unconditional.
3-112 - Terms and Omissions Not Affecting Negotiability.
3-114 - Date, Antedating, Postdating.
3-115 - Incomplete Instruments.
3-116 - Instruments Payable to Two or More Persons.
3-117 - Instruments Payable With Words of Description.
3-118 - Ambiguous Terms and Rules of Construction.
3-119 - Other Writings Affecting Instrument.
3-120 - Instruments "Payable Through" Bank.