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HomeMy WebLinkAbout96-03304 . . 'Si i r 1 \ fi f i j I I I I I I I I . . rf-/ .j ~\ <.., I ....... -''''-. ", " . \i' " ;ti' r IN THE COURT OF CONNON P!.EAS CUNBERLAND COUNTY, PENNSYLVANIA FIRST NATIONAL BANK OF LOYSVILLE V. KREIDER'S NILL, INC. NARK D. [, MAUREEN C. KREIDER No. 3304 Civil 1996 (Original Docket 1024 Civil 1987) PRAECIPE TO SETTLE, DISCONTINUE AND END AND TO SATISFY JUDGNENT WEIR [, PARTNERS 100 S. Broad Street Suite 1200 Land Title Building Philadelphia, PA 19110 (215) 665-8181 ut .... '" ..; ~ - P- o ~,~) ( ) C -.J J' . ' 'iOI -,'I; ."": ! - ) !": ;, 0,"'1 . . : ;f,j ,,, . 'r ~ . r-.) -' te) '" .' ~, .{ f~) " I ,. <J l" . ',::'1 J ,., ,. .' \ '0',. f'. . .(, ;,', .' If) , )rll k' toj 0 j t:-- :tj J\ '. \l) ", 'K.> ~ ~~ , "I V\ .\ -.l .. ... v"" , WBIR " PARTNBRS BYI Susan Verbonitz, Esquire Attorney I.D. No. 47015 Suite 1200, Land Title Building 100 South Broad Street Philadelphia, PA 19110 (215) 665-8181 FIRST NATIONAL BANK OF LOYSVILLE v. IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA KREIDER'S MILL, INC. MARK D. & MAUREEN C. KREIDER : NO. 3304 Civil 1996 : (Original Docket 1024 Civil 1987) PRAECIPE TO YETTLE, DISCONTINUE AND END AND TO SATISFY JUDGMENT TO THE PROTHONOTARY: Kindly mark the above-captioned revival action settled, discontinued and ended, and mark the judgment entered against Kreider's Mill, Inc., Mark D. and Maureen C. Kreider in the above- captioned matter satisfied upon payment of your costs. WEIR & PARTNERS By:Jt~'a;J~/N~ an Verbon tz, uire Attorneys for Plaintiff . . WIlla , PARTlfBRS BYI Susan Verbonitz, Esquire Jane M. Leamy, Esquire Attorney I.D. Nos. 47015, 77457 Suite 1200, Land Title Building 100 South Broad Street Philadelphia, PA 19110 (2155) 665-8181 . . FIRST NATIONAL BANK OF LOYSVILLE . . . . v. . . . . KREIDER'S MILL, INC. . . MARK D. & MAUREEN C. KREIDER . . I . . COURT OF COMMON PLEAS CUMBERLAND COUNTY NO. 1024 Civil 1987 TOI KREIDER'S MILL, INC. Route 322 Fontana, Lebanon County 17047 MARK D. KREIDER MAUREEN C. KREIDER 835 Briarwood Lane Camp Hill, PA 17011 WRIT 01' REVIVAL 1. You are notified that Plaintiff has commenced a proceeding to revive and continue the lien of jUdgment entered to civil action No. 1024-87 in the above captioned case. 2. The plaintiff claims that the amount due and unpaid ia $68,867.20 with interest from April 8, 1987. .~l 3. You are required within twenty (20) days atter service of this writ to file an answer or to otherwise plead to this writ. If you fail to do so judgment of revival will be entered. ~ l ll-\ l l' / / PRO HONOTARY f\ :AlrAlt By: ~r J J,,,, 11"0- Dep Clerk / D.... :::t"., l!R ,f '1lih ( I . , ' 2 GOLDBERGt KATZMAN " SJDPMAN, P.C. Roaald M. Kawnan, Baqulre -1.0. 107198 Stovea B. Orubb, Boqulre . I.D. 175897 32G Markel Stroot/Strawberry Square P.O. Box 1268 Harri.bur., PA 171G8.1268 (717) 234-4161 Attorney. for dereadanto FIRST NATIONAL BANK OF LOYSVILLE, Plalntiff IN THB COURT OF COMMON PLEAS CUMBERLAND COUNTYt PENNSYLVANIA v. No. 1024 Civil 1987 (Original Docket) Writ of Revival: 3304 Civil 1996 KREIDER'S MILL, INC., MARK D. KREIDER AND MAUREEN C. KREIDER, Defendants NOTICE TO PLEAD TO: FIRST NATIONAL BANK OF LOYSVILLB c/o Susan Verbonitz, Esquire Weir & Partners Suite 1200, Land Title Building 100 South Broad Street Philadelphia, PA 19110-1087 You are hereby notified that you have twenty (20) days in which to plead to the enclosed New Malter or Default Iudgment may be entered agalnst you. GOLDBERG, KATZMAN & SHIPMAN, P.C. By; DATE: 7/)'J /16" 2. Denied. It is denied that the Kreiders have an amounC of$68,867.20 due and unpaid to Loysville. The Kreiders have partially satisfied this amount as is explained more fully in the New Matter which follows. The Kreiders further deny that any interest is due and owing on the amount of $68,867.20. 3. Admitted. Service was accepted by the attomeys for the Kreiders on July It 1996. NEW MATTER - PARTIAL SATISFACTION 4. The Kreiders have partially satisfied the judgment which Loysville now attempts to revive. 5. According to the Agreement attached hereto as Exhibit A, Loysville agreed that for every twelve (12) monthly payments made by the Kreiderst the bank would forgive one- twc1fth of the accrued intercst owed to Loysville by the Kreiders on the note dated January 29, 1987 upon which this judgment is entered. See paragraph 2(b) of Exhibit A. 6. As of December 31t 1995, the Kreiders have perfonned completely cheir obligations under the Agreement attached as Exhibit A by making timely monthly payments since the date of the Agreement, December 14t 1990. Thereforet five-twelfths of this judgment ($28, 694.67) has been forgiven by Loysville and satisfied by the Kreiders. 2 7. The Kreiders have made timely payments through the first seven months of this year (1996) and as of December 31t 1996, one-halfofthisjudgment will be forgiven, or satisfiedt under the terms ofparagrnph 2(b) of Exhibit A. WHEREFORE dcfendants request that the Writ of Revival be dismissed and stricken from the judgment index. In the alternative, to Che extent a revived judgment existst the revived judgment should indicate the partial satisfaction of the judgment and the revived judgment should be entered in the amount of only $40,172.53. Respectfully Submitted, BY: ~/ Ron d M. Katzm ,1.0. #07198 Steven E. Grubbt 1.0. #75897 320 Market Street I Strawberry Square P.O. Box 1268 Harrisburg, PA 17108-1268 (717) 234-4161 Attorneys for Defendants Dated: 11 /1/ 1& 3 ..,.euo@ \ " , , 'J ':\:" ~~ ~ .. Exhibit A : . , .----.-.... ,-_._-_.~._,----.. " "f,~':': t " f '" , I! f H. ! lot: l'-.'t....... " . J 'j1-',~ . . /a~I!lER.RE'l ... ~ '!'HIS A~ made this I'IT..... clay Ot 0 ~~~""'~d'!!=7 1990 am'.lr.<;l !!ARt D. KREIDER, and MAOREEN C. KREIDER, his wife (hereinafter scmetimes referred to as "?;reiclers"), ,KREIDER'S MILL, INC., a Per~sylvania cor;oraticn (hereinafter scmetL~s referred to as I "Kreicler' s ~lill"j, all of the fore-;;oing t:eing hereinaf':er scrr.etm.es referre-:: to as ! "Borrcwers") and ccm Bank, N.A., a Naticnal EaJ'1kir.g Business i\.sE:cciation (hereinafter I scrr.etL'l\es referre-:: to as " EarJ< ") . WIT N E SSE T Ii: 1'I'F.E:RE.".S, the Borrowers have t:or:o',.;ed tuncls trom the First Sank of L;:lysville (hereinafter scmetL'r.es refarre-:: to as "Lcys'Jille") and Comncnwealt.;, National Ean.l< (hereL'lafter scrr.eti..1les referred to as "Ccmr.cm-iealth"); ancl .w 1'I'EERD's , the Bank i and the aforesaid leans mace by Loysville and Ccrmcnwealth are now C'~ned by : hr~~~, all of ~'e leans hereinafter sat forth ara in cefault: ~1cl hrL?~, it is the desire of the partias hereto ~'at ta~~ for the re:ajr.ent of ~'e aforesaid leans l::e e:<tended, anc that FQrtions of the ir.terest l::e forgi'/en on serne leans ~cn their compliance with the reFal~'lt terms set forth herein. I I KCW THEREFORE, incoq;:orating the above by reference, and intendir:g to be legally !bound, ~'e parties do hereby agree as follows: I I 1. Kreiders and Kreider I s ~lill, do hereby agree ~;,at the following is an accurate state!nent of the leans made to the Eorrcl<o..:rs named ~'erein and that ~'e principal EXHIBIT i . . I no/ag/!<l1ElIlER.PZV '0.1.... ! Ibal~Ce, accrued interest, and interest rates set for~' ~1e:ein are true and correc: as 'of Septernl:er 10, 1990 and ~1at the leans set forth ~~e:ein are ':.!:e bindL,,:c ar.d valid cbligations of ~~e Bo::cwers named t::erein. Loan NIlIlbe r Borr~rs . Date of Present I?rin. Accrued Nate Ea],anc:e Interest Interest Rate 3900005866 Kreider's Mill,' Inc. Mark D. Kreider Id.aureen Kreider $53,677.68 Fed. Ois. +2 1/29/87 $203,248.27 114334463- 5701 Kreider's Mill, I~c. Mark D. Kreider ~~ure~~ c. Kreicer $ 76,446.32 9.5% 30000993 Kreider's Mill, Inc. $ 22,903.94 $13,064.47 14% Kreider's Mill, Inc. fA.ark D. Kreider ~!aureen C. Kreider 01/29/87 S 27,871.12 (=rincical balance ~e~~esents accrued inte~est en ot:.er leans) K.ceider's Nill, Inc. Ma'tk D. Kreider ~~ureen c. Kreider 01/29/87 S 68,867.20 (prindj;al balance represents accrued L"terest en oc.:,er lcar.s) 2. Kreiders and Kreider' s ~lill agree' that collecti'/ely they shall ",ake an aggregate payment of $1,633.41 bi-weeklj' on lean Nos. 3900005866, 143344635701, and 30000993 cCll'Inencing en the 21st day ef oece.'1'.i:er, 1990, and ccntinu'; ng each fcu.:teen (14) days thereafter for a period of fiftee.~ (15) years.or until scener paid in full. The entire balance re.'raining en the aforesaid loans, if not scener due and payable, shall be due fifteen (15) years frem the date hereof. ;~l such men~lly pai~~ts shall I be applied first to ~~e pajm:nt or interest on the aforesaili principal balance of Three Hundred T'tlo Thousand Five Hundred Ninety Eight Dollars and Fifty Three Cents I I I I 2 ag/!al.EmER. REV ($302,598.53) to princiJ::al. at the rate of ten (10%) ?lrce.'1t plr anl'll.:rn '..it.'! t.'1e balar.ce .tel::g aFillied Tl:e :rcnthly pa~nrents -'shall l::e a;;Forticne-:! amcr.g t.'1e leans as fcllC'..s: Lean h'Ulrber Percent.."ge 3900005866 14334463-5701 30000993 67.17\ 25.27\ 7.56\ (a) The parties agree that the interes'C rate on all e: the aforesaid obligations shall be te.'1 (10\) perce.'1t pe~ ann~. (b) Tl:e 2ar~ agrees that for e.,e':y t'.elv'2 (12) Ii.cnth.l~' paF,ents ;;.ace by t.1e Kreiders ar.d Kreider's ~~11 as set forth aCove t.'1at t.':e 2ar~ shall for;i.,e cne-t.elfth (1/12) t.;e accrued interest owed to the :enk ty Kreicers ar.c Kreider' s ~!.ill on t.1e t."aree aforesaid loans set forth aCove ar.c t.':e noces cated January 29, 1987 for accrued interest. (c) Sh'ould Kreider I s flill ar.d ?\:eiders fail to rrake an'] 0: the ltonthly payments called for aCove '..ithin fifteen (15) clays of t.ieir due cate, said default shall be considered a default uncler t.1e t~rms of lcan nurrters 3900005066, 143344635701, and 30000993 and the accrued interest obligations dated January 29, 1967, ~'1d t.,e Bank shall be free to pursue any ~'1d all p:medies it may ha.,e uncler e:<1stir.g lea'1 dcc'..:li:ents or under state la~1 to collect the e.'1tire principal balance ar.d ~'1y accrued L,terest due on t.'!e aforesaid existing leans ar.d accrued interest obligations. 3. Kreider's Mill, Inc., hereby for itself, its officers, direccors, ~iareholders, successors and assigns, and Har:~ D. Kreider and ~!aureen C. Kreider hereby for themselves, t.'!eir heirs, successor s, pe rsonal representati':es ar.c assigns, hereby I releases, quitclaims and discharges Bank, L<lysville, Conrncnwealt.1, their officers, shareholders and directors frem any and all liability, clai1lS, dE.'l'ancs, causas of I action or choses in acticn, ''/l:ether direct, ir:direct, contingent, '.r.et.,er e:<isting nC',oI or whether brought in the future arising ftem 311 acts, acticns, acts of ar,ission, representaticn or nor.disclosure by Ear~, Loy~ville, Ccmrr~r.wealt.'!, ~''2ir officer, agents and employees frem the beginning of time to the date of t.'!ese presants. - 3 - I. f...... ag/KP.E~ER. REV .. 4. ~reider's Hill, Inc., and 1'!ark D. K:eider and ~!aure~n Co' K:eider, h'l~ei.Jy , aPJrOint the Sank, ar.d/or any of its 'of.:icers as attome~'s-in-fac: for tl:e pur:-..ose of e:tecuting all dccument:: necessar"j in t.':e cpinion of said ,!ttotneys to re'live any judgment entered against thelTl by the Sank, CClm,onwealth or L<lysville or to e:<e-:ute continuation statements for any financir.g statements given to the Eank, Ccmmcr.tlee.lt.i or Loysville as mace fully set forth in E:<hibit A attached hereto and rrade a part hereof by reference. 5. This !l.gresrr.ent shall net c:::nsti:uce a novatic:;n of the eXis'dr.g l.:<!-'1s or the creation cf a ne'tI lean but rather is only an e;(tensien of t.'1e existing l=s and a ,ncdificaticn of said leans 'tlit.., reSFeC':. to the i.nterest rate ar.c cepajii.e..'1t teens. NothL'1g herein contained is intended to mcdi.:y or ad'lersely af.:e-:t any secu: it1 agreenent, finar.cing stata.rnent, sc:curity i:-.t.ereGt, mortgage lien, or jucgrr.ent lien entered by or gi'le.'1 to Bank, L.::ys-,ille or Ccmr,crMeal'::h by any of t.':e Cebtors. 6. This !l.g r~e.'1t shall be bi~ding en t.':e hei:s, successors, aCminist:ators, succeSS<lrs and "assigns of the parties hereto. . 7. If the Borrowers are not in default under the ter.ns of t.'1is agre!:!r.~nt, the Borrel'.-ers shall ha'le the option of ll'akir.g the pa:/TllE!nts called for herein en a bi-~'l!ekly basis. IN NITNESS YiI-:E:.:qECF, the parties hereunto caused this .~.gr~.ent to ce e;<!!':uttl':J as of the day and year first above written. SSe '-7 - C~/ ~-- /G. ; .... --':::v'" , /~ ,.. ../V- - ( ." -"~;?~'" .. -",," -:/ r,.."., . .1, ,0 ".I .' _ "/'_' Nark D. Kreice!' (SE.:lL) /~tll(L,(~,~./~ I1aU~en C. Kre!ider . (SE!\Ll - 4 - ag/lQlEIDER. !WI AT.I'EST : ll:reicer's aill, Inc. . , t' , ., . , . . j." .. ,/ ,.' J' .1"/ ..J I " . 0' , .'.~ /J:.,. Secretary By: ~"'-~'-Y;1ML ./ .... ~/ .~-.. ATrESl': COlli Bank, N..:I,. " " It. /7/ ,..., V(U:'(',,'.J-A /. / / f' r,.p .-:",t..._.,_ '-'t.- Secreta::"] ....., - 5 - 49/'l<REmER.REV , , I EXHIBIT .'1, I J v"t;r;G'1Dr.!"S ;'llD fr~tMrcn;c s::'.~.tEm'S I ~ IWith respect to ....hich corn Ban,~, N..-\. has been appointee Attoc:ley-in-fac: for Borrcwers. PEFRY CCUNI'Y Juccments No, 67-256 No. 67-257 No. 67-268 Finar.cir~ Stat~~nts No. 13921 No. 14316 No. 14386 No. 14672 I Juc:crr.ents No. 88-443 No. 67~15 No. 87~15 No. 87~17 LEaI\1;CN C:~1n."! .~. C'C~!EE.""_;\ND CCl.,1m Judc:rrents No. 1023 Civil 1987 No. 1024 Civil 1987 No. 1025 Civil 1987 - 6 - CERTIFICATE OF SERVICE I hereby certify that I am this day serving a copy of the foregoing document upon the person(s) and In the manner indicated below, which service satisfies the requirements of the Pennsylvania Rules of Civil Procedure, by depositing a copy of same in the United States mail, Harrisburg, Pennsylvania, with first-class postage prepaid as follows: Susan Verbonitz, Esquire Weir & Partners Suite 1200 Land Title Building 100 South Broad Street Philadelphia, PA 19110-1087 GOLDBERG, KATZMAN & SHIPMAN, P.C. By, jjJ Ld/~hf ~~~rubb, E~ 1.0. #75897 320 Market Street P.O. Box 1268 Harrisburg, PA 17108-1268 DATE: ,71/7171: . ~ (I, .... - r.. !2 .. .~ ('J ""OS :r; ,',).' , ,,' or' r_. ..~~ ( .. }:~"J ~: ,.... .~I=> it~. . ,".. ~J !,I. I..... :: It;] f.., -, ". ~ ,:1'"- CJ H, J 0' C~ Iol ~ ~~ co I:l &; .... ... ~~ 'tl co ~~ >< .... 0 <0 0 r:l .... ... 0\ ..:l " I 0\ "" Iol~ '" 0 ... ~ H ""'0 ...... 0 u~ ....... :0:0 .... O~ .... .. 0\ OU .... ~ ~H ...",... !~ ~ :0: ~~ ....... Hffi ~'" U . 'tl'tl~ :> ..i'~ ~g "" ~ 13 ~ .;l 0 ~;j M r>l ",,,,... ~~ M 0 "'Iol "';a co H - !:: ~o I . ~ "'... o.a t:l.lI'\ ~ f:ll'i ~;j ~N..,,...\C 0 ..... ;::I lU \C U 1~ ... 0'" ~ ~I Gltn"'~ ~ e:l'" ....11'\ -g8;ar:: ~ I>< ~tn.....p........ . interest. ~ ~ 'i l i By way of further answer, this averment is denied in that the Agreement is a written document which speaks for itself. 6. Admitted in part/ denied in part. It is admitted that the Defendants have made certain monthly payments purduant to the Agreement. It ia denied that Defendants have performed completely under the Agreement by making such payments. It is denied that any part of the judgment has been forgiven by Plaintiff or that any part of the jUdgment has been satisfied. To the contrary, the payments made by the Defendants on their obligations tc Plaintiff have been credited toward the total outstanding amount due and owing by Defendants to Plaintiff. 7. Admitted in part, denied in part. It is admitted that the Defendants have made payments this year pursuant to the Agreement. It is denied that, as of December 31, 1996, ona half of this jUdgment will be forgivsn or satisfied in that the conditions necessary for forgiveness or satisfaction of the judgment have not yet ocourred, that is, payment by the Defendants of all amounta due and owing to Plaintiff. By way of further answer, this averment is denied in that the Agreement is a written dooument which speaks for itself. ., >. C) ~~~-; , ..i.lf} .1 r; !-,:!;: - p-- -I: $,'. kl_ 'oj " c:J .;fl , 'ie , -' :..;.. [L" , !r,) (. ill. ". t.r, .J U e'l lJ IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA No. 3304 Civil 1996 (Original Docket 1024 Civil 1987) Praocipo to Attach Verification Weir & Partners 100 South Broad Street Suite 1200, Land Title Building Philadelphia, PA 19110 (215) 665-8181 8y: Susan Verbonitz, Esquire Jane Leamy, Esquire (") u" ~ C 0"1 ~": :::- OJ! .,., , ~ I c:: [r,Jl]i .~.., frl;;!J . '. I ~~ ~r- ~~: \D ',15 ~L' -n ?;!~ ;1-:(' '.-2 :$-:C, t;! ~' p~:; 'r' ~':1 r.- :Q -~ (11 (;.. v' .. nIR , JilARTHBRS By: Susan Verbonitz, Esquire Jane M. Leamy, Esquire Attorney I.D. Nos. 47015, 77457 suite 1200, Land Title Building 100 South Broad Straet Philadelphia, PA 19110 (215) 665-8181 . . FIRST NATIONAL BANK OF LOYSVILLE IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA v. KREIDER'S MILL, INC. MARK D. & MAUREEN C. KREIDER NO. 3304 civil 1996 (original Docket 1024 civil 1987) CBRTI.ICATION O. SBRVICB I, Susan Verbonitz, Esquire, hereby certify that a true and correct copy of the foregoing Praecipe to Attach Verification was duly served upon counsel for Defendants, by first class mail, posta1e pre-paid, on August 8, 1996, addressed as follows: Steven E. Grubb, Esquire Goldberg, Katzman & Shipman, P.C. 320 Market Street strawberry Square P.O. Box 1268 Harrisburg, PA 17108-4161 ~/M ~/1hu)~ san Verbonit , Esquire