Bank seeks to foreclose on Eastern Derry Twp. VFD
The bank that holds the mortgage on the shuttered Eastern Derry Township Volunteer Fire Department wants to foreclose on the station.
In court documents filed Friday, First Government Lease Co. of Northfield, Ill., claims the former fire department has failed to pay its mortgage on the property along state Route 217 for more than two months.
According to the court filing, as of Oct. 29 the fire company owed $106,670 in principal, interest and late charges.
The department, which had been in operation since 1972, closed its doors in late July after members were unable to make insurance payments on its equipment.
In August, fire department leaders unsuccessfully lobbied Derry Township supervisors to allocate $30,000 in funding to pay for equipment, outstanding bills and mortgage expenses. Officials contended the money would have enabled the fire department to resume operation.
The township has given money to the Derry Township Volunteer Fire Department, which remains in operation.
Members of the Eastern Derry fire company could not be reached.