Berks-Lehigh Valley Production Credit, Ass'n v. Gerhard

LAVELLE, P J.,

In this mortgage foreclosure action, defendants contend they are not in default on notes secured by a mortgage because the mortgage instrument itself does not expressly contain the terms of repayment. This defense is totally devoid of legal merit, and we shall enter a verdict in favor of plaintiff.

After a bench trial on October 5, 1987, we make the following findings of fact in narrative form.

FINDINGS OF FACT

Plaintiff, Berks-Lehigh Valley Production Credit Association (Berks), is a lending institution having its principal place of business at Fogelsville, Pennsylvania. Defendant…