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HomeMy WebLinkAbout97-02188 No. Q7. ';;i'6€ Civil Term WJl~~A.el-1)t2/f~ . fI""fIJ.~~ ~~ ,,,, vs. ., ~... X. ~t"'4.:1t . j I , . Court of Common Pleas Cumbo Co. .~ \. .... -, ) t17 ,} I~ '6 II '(I '-," l_~,4. 'vl..iltl ... Dean L. Feaser 380 Stought Road Carlisle, PA 17013 $14.658.70 Shippensburg, Pennsylvania April 10, 19l1 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 $14.658.70 with interest on the unpaid principal at the rate of ~ percent per annum from date hereof until paid in full. Said principal Bum and interest shall be payable in equal successive monthly installments of $479.91 each commencing on the ~ day of April, 1997, and continuing until March 30. 2000, at which time any unpaid balance of principal hereof and all interest accrued thereon shall be due and payable in full. All payments shall fi.rst 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 makers to pay for each purchase on or before the date of their next purchase from Cumberland Valley Cooperative Association, the whole of the principal sum then remaining unpaid and all interest accrued thereon, shall, at the opt ion 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. WITNE;Sr. .' -l-,!~ , ',. / / ' / .- (; (, j" / JI( · lL-' ..' / I F'v L f~JQ(N j~~EAL) (SEAL) ... TO: Cumberland Valley Cooperative Association 908 Mt. Rock Road Shippensburg, PA 17257 RE: Dean L. Fease~ 380 Stought Road Carlisle, PA 17013 Demand Note in the amount of $14.658.70 Dated ~ri1 10. 1997 The Undersigned hereby certifies in connection with the loan above referred to secured by a Demand Note containing a confession of judgement authorizing any attorney or prothonotary of any court of record in Pennsylvania or elsewhere to confess judgment sgainst the Undersigned: That the loan for which said Note was given is not a consumer loan; that the income of the Undersigned (conjugal income if both spouses executed the note) is Ten Thousand ($10,000) Dollflrs or morel that it was orally explair.ed and fully undp.rstood by the Undersigned that the execution of a Demand Note containing a confession of judgement clause was a waiver of the right to have a prejudgment notice and hearing, the right to have the burden of proving default on Cumberland Valley cooperative Association, the Creditor, and the right to avoid expenses attendant upon opening or striking a confessed judgement and that the Undersigned voluntarily executed the said Demand Note with a confession of judgment clause knowing that the aforesaid rights have been waived and that an execution may be issued on a judgement entered on said confession against their property. The undersigned further certifies that they were advised and understood that they could have an attorney examine the said Demand Note and any other documents in connection with the loan prior to execution. WITN~S}l ~ -1/ j}(1 g/ A ((L:- , U//1. 4o~1I - (SEAL) (SEAL) COMMONWEALTH OF PENNSYLVANIA: COUNTY OF I \ ll)\~~.t' .. \C\ I~'\ SS 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 this .l5. day '--\\V:C'h\\.~lJ subscribed b~JQre me, of(~Dr\ \ IlIL"( , \.\'i\ , O\\(J ~ 11I(1~', Nolanal Sell Michelle M. Alleman, Notarv Duh"" Sllvoc Sprtng Twp.. Cumbert.,," Count) My Camml../on Explra. Sept. Ie, 2000 m r. lInnsy vanIa socl~l (1M 0 ntartes :>- " -:0 ~ i- ~ ,. " ~ ,!",- c'-, ~ f'.. ( ) ~ 1,,1 ..- Ij., <Y - , ~\ I , ' " . ':'C ~ ~ f:2 c',' .. .-~j tt/I ,,:, .- 1.0 f}.. It-" r::r. to".- {~Jf ('" ."r) i ' - ;' t, ~:.- \ I' . : l"lj V)~ ~ '.- I-- !~Ill... ~ f.~' ,) ~Iv) U ~,