HomeMy WebLinkAbout96-04248
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Cumbo Co.
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aeorQe A. stambaugh
shirley H, stambaugh
3419 Ritner Highway
"ewville, PA 17241
$118/194.113
ahigpeneburQ, Pennsylvlnia
July 26. 1996
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In instillments 511 hereinafter stated, for value ncdved,
I/we, promise to pay to cumberland Valley cooperative Association,
6 West orange street, Shippensburg, Pennsylvania, the sum of
'U,lU.53 with interest on the unpaid principal at the rate of 11
percent per annum from datil hereof until paid in full. Said
prinoipal sum and interest shall be payable in equal suooessive
monthly installments of '2,151.02 each, commenoing on the 11th day
of AUQuet,1996, and continuing until January 26. 1911, at whioh
time any unpaid balance of principal hereof and all interest
aocrued thereon shall be due and payable in full. All payments
shall first be applied to interest due, with the balance to be
applied to principal,
Upon default in payment of any such installments or of
interest when due, or upon failure of the maker to pay, within
thirty (30) days of billing, his open account balance with
Cumberland Valley cooperative Association, the whole of the
principal sum then remaining unpaid and all interest acorued
thereon, shall, at the option of the holder hereof, become
immediately due and payable, without demand notice.
And further, I/We do hereby authorize and empower any attorney
of any court of r~cord of Pennsylvania or elsewhere to appear for
and to entur judgement against us, in favor of any holder of the
Note for the above sum with costs of suit, release of errors,
without stay of execution, and with fifteen (15') added BIl a
reasonable attorney's fee, and I/We do hereby waive and release all
benefit and relief from any and all appraisement, stay or exemption
Laws of any state not in force or hereafter to be passed.
WITNESS I i
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