Sturdy Savings Bank v. Roberts

WILLIAM C. TODD, P.J.Ch.

This is an action to foreclose a mortgage that encumbers a single family home located in Cape May County. The property was purchased by defendants Gary W. Roberts and Wanda S. Roberts in 2003, using a loan secured by the mortgage in question. The Robertses occupied the property after it was first acquired. They vacated the property several years ago, before the complaint for foreclosure was filed. Plaintiff, the foreclosing mortgagee, has asked this court to determine that the mortgage in question “is not a residential mortgage,” anticipating that such a determination…