LNV CORPORATION v. CATALANO et al

Filing 17

OPINION/ORDER THAT THE MOTION FOR DEFAULT JUDGMENT IS GRANTED. JUDGMENT IS ENTERED BY DEFAULT IN ACCORDANCE WITH RULE 55(b)(1) IN FAVOR OF PLAINTIFF, LNV CORPORATION AND AGAINST THE DEFENDANTS, SALVATORE J. CATALANO AND SUSAN E. CATALANO AS FOLLOWS: FIXING THE AMOUNT DUE UNDER THE NOTE AT $499,609.60, TOGETHER WITH CONTINUING PER DIEM DEFAULT INTEREST THEREON IN THE AMOUNT OF $142.23 PER DAY FROM AND AFTER JULY 16, 2015, UNTIL THE MORTGAGED PROPERTY IS SOLD AT A FORECLOSURE SALE, TOG ETHER WITH ANY AND ALL OTHER AMOUNTS ADVANCED BY THE PLAINTIFF DURING THE PENDENCY OF THIS ACTION, TOGETHER WITH ATTORNEY'S FEES, ETC. THE CLERK OF COURT SHALL MARK THIS CASE AS CLOSED. SIGNED BY HONORABLE EDWARD G. SMITH ON 8/19/15. 8/19/15 ENTERED AND COPIES MAILED TO PRO SE', E-MAILED AND MAILED TO UNREPS.(ky, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
LNV CORPORATION,
Plaintiff,
v.
SALVATORE CATALANO and SUSAN
CATALANO,
Defendants.

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CIVIL ACTION NO. 15-3219

ORDER
AND NOW, this 19th day of August, 2015, after considering the motion for a default
judgment filed by the plaintiff, LNV Corporation, and the documents attached thereto (Doc. No.
13), and after considering the affidavit in support of subject-matter jurisdiction (Doc. No. 15)
and the other documents of record, including the complaint (Doc. No. 1); and for the reasons set
forth in the accompanying memorandum opinion, it is hereby ORDERED as follows:
1.

The motion for a default judgment (Doc. No. 13) is GRANTED;

2.

Judgment is entered by default in accordance with Rule 55(b)(1) of the Federal

Rules of Civil Procedure in favor of the plaintiff, LNV Corporation, and against the defendants,
Salvatore J. Catalano and Susan E. Catalano, as follows:
a.

Fixing the amount due under the Note at $499,609.60, together with

continuing per diem default interest thereon in the amount of $143.23 per day from and after July
16, 2015, until the Mortgaged Property is sold at a foreclosure sale, together with any and all
other amounts advanced by the plaintiff during the pendency of this action, together with
attorney’s fees; and

b.

Foreclosing all right, title, lien, and equity of redemption which said

defendants and all those claiming by, through or under it have or had in the real estate located at
110-112 State Road, Portland, Pennsylvania, as more fully described in Exhibit A hereto (the
“Mortgaged Premises”), together with the personalty, fixtures, furniture, and other items and
things pledged as collateral for the loan (the “Loan”) at issue in this action, all as more
specifically and fully identified in the Mortgage, Rents Assignment, and UCC-1 Financing
Statements at issue in this action (collectively, with the Mortgage Premises, the “Mortgaged
Property”), and ordering that the Mortgaged Property be sold at a public foreclosure sale to be
conducted by the Receiver pursuant to 28 U.S.C. § 2001, et seq. on such terms and conditions as
shall be advertised; and
3.

The clerk of court shall mark this case as CLOSED.

BY THE COURT:

/s/ Edward G. Smith, J.
EDWARD G. SMITH, J.

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