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HomeMy WebLinkAbout02-460586/24/2882 14:24 7172495755 OB:~ L~kl OFFICE PaGE 82 $5,474,62 JUDGMENT NOTE John D. Strine, known as "Maker", promises to pay to HCR MANORCARE HEAI.TIICARE SERVICES, as "Holder", of 940 Walnut Bottom Road, Carlisle, PA., 17012, its successors and/or assigns, the principal sum of Five Thousand Four Hundred Seventy-Four and 62/100 ($5.474.62) with interest at the rate of six percent (6%) per annum from the date hereof. Payments shall be made in thc mount of $1,000.00 contemporaneously with the signing of this note and the balance payable in the mount orS100.00 per month with the first payment due on the first day of the month following the date hereof and thereafter on the first of each month until paid in full. Maker shall have the right to prepay all or any part of the principal amount of this Note at any time or from time to time without premium or penalty, provided that Maker pays at the same time all interest accrued thcreon to the date of payment. In addition, Maker does hereby authorize and empower the Prothonotary or any Attorney of any Court of Record of Pennsylvania or elsewhere to appear for and enter judgment against him for the above sum, with or without declaration, with costs of suit, release of errors, without stay of ex ecution, and with 15 percent added for collection fees; and Maker hereby agrees not to make any motion or any application whatsoever to any Court for an inquisition on any real estate that may be levied upon to collect the aforesaid sum, and Maker voluntarily condemns same, and authorizes the Prothonotary lo enter said voluntary condemnation upon the Writ of Execution. Maker further agrees that any property, real personal or mixed may be sold through a Writ of Execution and further hereby waives and releases all relief from any and all appraisements, stay or exemption of any State now in force or which are passed hereafter. NO SINGLE EXERCISE OF THE FOREGOING POWER TO CONFESS JUDGMENT SHALL BE DEEMED TO EXHAUST THE POWER WHETHER OR NOT ANY SUCH EXERCISE SHALL BE HELD BY ANY COURI TO BE VALID, VOIDABLE, OR VOID, BUT THE POWER SHALL CONTINUE UNDIMINISHED AND IT MAY BE EXERCISED FROM TIME TO TIME AS OFTEN AS THE HOLDER HEREOF SHALL ELECT, UNTIL SUCH TIME AS TIlE HOI.DER HEREOF SHALL HAVE RECEIVED PAYMENT IN FULL OF ALL AMOUNTS OWING HERELrNDER, TOGETHER WITH COSTS. WAIVER IN EXECUTING THIS NOTE, I UNDERSTAND THE TRANSACTION, AND KNOWINGLY AND VOLUNTARILY WAIVE MY RIGHTS TO CONTEST THE ENTRY OF THIS JUDGMENI' AGAINST ME IN COURT AND DO HEREBY CONSENT TO THE ENTRY OF THE JUDGMENT BY CONFESSION. I, HEREBY CERTIFY THAT I HAVE EARNINGS OR INCOME OF $10.000.00 OR MORE PER YEAR. /UN 24 2002 14:38 ?172495~55 P~GE.02 86/24/2882 14:24 7172495755 OBS LAW OFFICE PAGE 83 Witness our hmads and seals the day and year first above written. Signal, sealed m~d delivered in the presence of John D. Strine (SEAI.) dab.dlr/ma nor.eaaea/strine/judgment, not¢ JUN 24 28¢2 14:39 72?2495755 P~GE.03