The following points were made during yesterday's testimony by Lt. Col. Oliver L. North:

ON NORTH'S BEHAVIOR

Sen. George J. Mitchell (D-Maine) said North "asked that Congress not cut off aid to the contras 'for the love of God and for the love of country.' " Mitchell asked North to "please remember that others share that devotion {to this country} and recognize that it is possible for an American to disagree with you on aid to the contras and still love God, and still love this country, just as much as you do."

North had many defenders, the most fervent of which was Sen. Orrin G. Hatch (R-Utah). Hatch said he disapproved of the U.S.-Iran arms sales, covert operations run by the National Security Council, lying to Congress and the diversion of arms-sale funds to the Nicaraguan rebels, which he said was a "neat idea," but not right. Nevertheless, he told North "I don't want you prosecuted. I don't. I don't think many people in America do. And I think there's going to be one lot of hell raised if you are."

ON WHAT THE PRESIDENT KNEW

Rep. Dick Cheney (R-Wyo.) challenged the statement made by Sen. Daniel K. Inouye (D-Hawaii) on CBS's "Face the Nation" Sunday that the committees had an "important document" indicating that former national security adviser John M. Poindexter had briefed President Reagan on the use of "residuals" -- North's term for profits from the Iranian arms sales -- to fund covert operations. The ranking House Republican on the panel said he found no "reference in there at all to the notion of generating profits from selling arms to Iran, nor do I find any reference to the use of those profits in the memo that allegedly went to the president." Inouye, the chairman of the Senate panel, defended his statement and said he was trying to "make it very clear" to the administration that a response would be necessary.

ON THE CONGRESSIONAL ROLE IN CONTRA AID

Sen. Warren B. Rudman (R-N.H.), a supporter of aid to the Nicaraguan rebels, rejected an earlier North statement that Congress "must accept the blame" for the secret White House aid to the contras because of its "fickle" funding policies. Rudman said that since 1981 the majority of the United States has opposed funding the Nicaraguan rebel movement. "The American people have the constitutional right to be wrong. And what Ronald Reagan thinks, or what Oliver North thinks, or what I think, or what anybody else thinks makes not a whit if the American people say 'enough.' And that's why this Congress has been 'fickle' and has vacillated."