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HomeMy WebLinkAbout02-4779$36,400.00 October [ ~ ,2001 LARRY V. NEIDLINGER and MARY JO NEIDLINGER (BORROWER) hereby promises to pay to DONALD E. D1EHL and RAYMOND E. DIEHL as "HOLDER", of Carlisle, Cumberland County, Pennsylvania their heirs and/or assigns, THiRTY-SIX THOUSAND FOUR HUNDRED ($36,400.00) Dollars without interest, on or before (~._.4- I'~ ~_~__ (one year from the date of this Note) or at the time of settlement and sale of Lot~2 of Nicholas ~4anor, Dickinson Township, Cumberland County, Pennsylvania. Notice, demand, presentment, or protest is expressly waived by Borrower. Borrower 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. In addition, in the event of the default in the payment due hereunder, Borrower 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 Borrower for the above sum, with or without declaration, with costs of suit, release of errors, without stay of execution, and with 15 percent added for collection fees; and Borrower 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 Borrower voluntarily condemns same, and authorize the Prothonotary to enter said voluntary condemnation upon the Writ of Execution. Borrower 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 COURT 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 THE HOLDER HEREOF SHALL HAVE RECEIVED PAYMENT IN FULL OF ALL AMOUNTS OWING HEREUNDER, TOGETHER WITH COSTS. .WAIVER IN EXECUTING THIS NOTE, BORROWER UNDERSTANDS THE TRANSACTION, AND KNOWiNGLY AND VOLUNTARILY WAIVES THE RIGHT TO CONTEST THE ENTRY OF THIS JUDGMENT AGAINST BORROWER IN COURT AND DOES HEREBY CONSENT TO THE ENTRY OF THE JUDGMENT BY CONFESSION. BORROWER HEREBY CERTIFIES THAT HE HAS EARNINGS OF $10,000.00 OR MORE PER YEAR. Witness my hand and seal the day and year first above written. tness: ~5 ~ ~r~6'~t'h~- arryV. Neidling~r ~./ Mary Jo ~linger-- =--~_/r -- P':\steve\civil litigation~Diehl-Neidlinger Praecipe to Satisfy.doc ' IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA DONALD E. DIEHL and RAYMOND E. DIEHL, Plaintiffs VS. LARRY V. NEIDLINGER and MARY JO NEIDLINGER, Defendants CIVIL ACTION LAW NO. 02-4779 CIVIL TERM PRAECIPE TO THE PROTHONOTARY OF CUMBERLAND COUNTY, PENNSYLVANIA: Please satisfy the Judgement in the above captioned matter. Date: November 25, 2002 Steven J. Fishman, Esquire I.D. #16269 Salzmann, DePaulis & Fishman, P.C. 95 Alexander Spring: Road, Suite 3 Carlisle, PA 17013 (717) 249-6333