Al Baraka Bancorp (Chicago), Inc. v. Hilweh

This is a mortgage foreclosure action in which two competing mortgagees — A1 Baraka Bancorp (Chicago), Inc., plaintiff, and Norstar Bank of Upstate New York, Inc., defendant — are seeking to reach mortgaged property in Colchester, Vermont. The mortgagor, The Hilweh Enterprises Corp. (HEC) of Plattsburg, New York, did not contest foreclosure and has not appeared here. Plaintiff initiated this action, relying on HEC’s default in making payments pursuant to an agreement, bond, and mortgage and named defendant as an inferior mortgagee. Defendant filed an answer, counterclaim, and cross-claim for…