OPINION
CAHN, District Judge.
Before the court are the plaintiff's Motion for summary judgment on its claim and to dismiss the defendant's counterclaim. For the reasons set forth below, these Motions will be granted.
I. Factual Background
On February 27, 1979 the defendants, Alfred and Barbara Hemmons ["the defendants"] borrowed $8,000 from Greater Bethlehem Savings and Loan ["the bank"] for the purpose of improving their home. ...
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