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HomeMy WebLinkAbout96-06822 ILc ql.. Ill' J;L (".../ Tt,-- TO: Cumberland valley Cooperative Association 908 Mt. Rock Road Shippensburg, PA 17257 RE: Robert E. smith Margaret M. smith 301 Ridge Road Shippensburg, Pa. 17257 Demand Note in the amount of $7.17..30 Dated December 13. 1". The Undereigned hereby certities in connection with the loan above reterred to secured by a Demand Note containing a contession ot judgement authorizing any attorney or prothonotary ot any court ot record in Pennsylvania or elsewhere to contess judgment against the Undersigned. That the loan tor which said Note was given is not a consumer loan, that the income ot the Undersigned (conjugal income it both epousee executed tho note) ie Ten Thousand ($10,000) Dollars or more, that it was orally explained and tully undsrstood by the Undsrsignad that the execution ot a Demand Note containing a conteseion ot judgement clauee wae a waiver ot t~le right to have a prejudgment notice and hearing. the right to have the burden ot proving detault on Cumberland Valley Cooperative Association, the Creditor, and the right to avoid expsneee attendant upon opening or striking a contelsed judgoment and that the Undersigned voluntarily executed the said Demand Note with a conteuion ot judgment clause knowing that the atoresaid righte have been waived and that an execution may be ioeued on a judgement entered on eaid cont.lsion against their property. Th. Undersignsd turther certities that they were advised and underst.ood that they could have an attorney examine the ~aid Dsmand Note and any other documsnts in connection with the loan prior to execution. COMMONWEALTH OF PENNSYLVANIA: COUNTY OF :' I . ill!.., /m/) r~~ ~-~r/)ltI:r/1 xL. ,~ !J . .r (SEAL) (SEAL) SS h," I I 'I \' ,,,,{ , ',,: ,'" ~" ':. t II) I n I I t I being duly sworn according to law, deposes and says that the facts set forth in the above certification are true and correct. Sworn to and subscribed before me, this ~ day of \'1. ",1/., " 11'(" NOTARIAi SUI. CHERYL E SOLlEN8ERGER, NOlarv PutlIlc ChamOersOurg, Franklin CounlV My Commission Expire, June 15, 2000 ( /".11/_ f .~({> r ~i :(_\ I, \ >- .:r f; ~ c:; <" .. ~j", \::: , ~ ~ ('I 8"~ r" . :1:: J~' "" t. . a.. (':\~j (~'< r- /~ L' :.S '. " Hl#Q . '. W l. Ll_' Clli.. c:l ......: ... \ J~ oJ) a () Cf\ Robart E. smith Margaret M. Smith 301 Ridge Road Shippensburg, Pa. 17257 $7.176.30 Shippensbura, Pennsylvania December 13, 19~ In installments as hereinafter stated, for value received, I/we, promise to pay to Cumberland Valley Cooperative Association, 6 West Orange Street, Shippensburg, pennsylvania, the sum of $7.176.30 with intereat on the unpaid principal at the rate of ~ percent per annum from date hereof until paid in full. Said principal sum and interest shall be payable in equal successive monthly installments of $337.81 each commencing on the ~ day of January, 1997, and continuing until December 13. 1998, at which time any unpaid balance of principal hereof and all interest accrued 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, Qr upon failure of the makers to pay for each purohase on or befora the date of their next purchase from Cumberland Valley Cooperative Assooiation, the whole of the principal sum then remaining unpaid and all interest accrued 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 record of Pennsylvania or elsewhere to appear for and to enter 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 as 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: '" r'e. /'1-R.R, ~/ ( " " <' '/6':t;t4 _ 'SEAL) -.q-J~'N.~P.l~ xh" tC(SEAL) ./ .' , ~ -- .J '... -- '" >- ,. 1'1 ,. ~ .J . ,J u <:\,~ "\:t- , ~ I' -- , ., ~ ... ~ ?, . "" :r q- '1 . -... ~ ~ 1- A ?r=: .4 ~..; c:;. ~ ~: .. ('1 8~ III -.:: ~2 ;. n'::l l.~.' ,... ~; 'c.- r- ~'.. f) .)' " - ~ =-a l._L..~ \-.l.', (..1 t:d i:':' ld , .... -" , ..... 6 ". ,0 t) 0' ,. t .- h..... . \. Cu",~erbJ \brlp,>, ~C>"I,~"f;w. A~~t\i"t-;Ol- , In Ih~ Cuurt ur Cummon PI~as or CumbHlond Cuunly, Pennsylvania VI, Nil. fl6 - b:S.;l ~ Civil, 19 9' 10 _~oloert E. s..;fJ, mQ r;j'~ ,ef n1 Sm, fJ. {\>9.A->>. ~ hk c~ ^';Jl~"Y~ ~ '1P.- ~-L,..., Ok. -k ~l ~ f-Jf, To PrulllllllOlary 19__ ~/~~ P)4 .'1 t-,fAJ~,.- ~.... r ^"lIRlI:' for Plaintirr " - ~ ~..., .~ . \ flllfH',!',' : ()J: .1' i .. .." Ii' " .' 'ir:v 'i') r;"iY , q , 'i I,ll n'l , No, Term, 19 _ vs. \ '<; 1,\ ... .".....;' ',", ,.)i'.'" .' :'r' PRAECIPE Flied 19_ . Ally, " -