VALLEY TRUST CO. OF PALMYRA v. LAPITSKY


339 Pa.Super. 177 (1985)

488 A.2d 608

The VALLEY TRUST COMPANY OF PALMYRA, PA., Appellant, v. William LAPITSKY and Jacquelynne M. Lapitsky, Appellees.

Supreme Court of Pennsylvania.

Filed January 25, 1985.


Attorney(s) appearing for the Case

George E. Christianson, Lebanon, for appellant.

C. Grainger Bowman, Harrisburg, for appellees.

Before WICKERSHAM, JOHNSON and HOFFMAN, JJ.


HOFFMAN, Judge:

Appellant contends that the lower court erred in striking a default judgment entered against appellees. We disagree and, accordingly, affirm.

On March 20, 1980, appellees made, executed, and delivered an "Obligation" bond in the amount of $353,000 payable to appellant. As security for this indebtedness, appellees mortgaged to appellant three separate properties, one each in Lebanon, Dauphin, and Cumberland Counties. Appellees thereafter failed...

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