HomeMy WebLinkAbout02-5854
TO: Cumberland Valley Cooperative Association
908 Mt. Rock Road
Shippensburg, PA 17257
RE: George A. Stambaugh
Shirley M. Stambaugh
3419 Ritner Highway
Newville, Pa. 17241-9460
Demand Note in the amount of $99,968.75
Dated October 3 2002
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 against 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) Dollars or
more; that it was orally explained and fully understood 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.
WITNESS:
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CL4416r` lAw L
SS
A• S +?n?iaugQP4 sko iBy Pt. St,./6401 being duly sworn according
to law, deposes and says that the facts set forth in the above
certification are true and correct.
Sworn t and subscr'bed before me,
this day of ,O e? , 2OOy
NOTARIAL SEX
&COMMMSION VARNISH, NOTARY RRRIC
ON TWR, FRANKLIN COUNTY
EXPIRES JAN. 19 200
George A. Stambaugh
Shirley M. Stambaugh
3419 Ritner Highway
Newville, Pa. 17241-9460
$99,968.75 Shippensbura, Pennsylvania
October 3. 2002
In installments as hereinafter stated, for value received,
I/we, promise to pay to Cumberland Valley Cooperative Association,
908 Mt. Rock Road, Shippensburg, Pennsylvania, the sum of
$99,968.75 with interest on the unpaid principal at the rate of
12.0 percent per annum from date hereof until paid in full. Said
principal sum and interest shall be payable in equal successive
monthly installments of $2,000.00, each commencing on the 20th day
of October, 2002, and continuing until Jgril 20, 2007, 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, 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 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:
1h- ? ° ""' (SEAL)
771
CL? = t i
n
J
r,
C/
FEB 0 4 2003 V
RONDA S. CARVER,
Plaintiff
v
LEE A. MYERS,
Defendant
IN THE COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
CIVIL ACTION - LAW
NO. 02 - 5954 CIVIL
IN CUSTODY
COURT ORDER
AND NOW, this 3tj. day of February, 2003, the conciliator being advised that the
parties have reached an agreement, the conciliator relinquishes jurisdiction.
BY THE COURT,
6)?k 4
Hubert X. Gilroy
Custody Conciliar
rte' -_
s
CUMBERLAND VALLEY
In the Court of Common Pleas of
COOPERATIVE ASSOCIATION } Cumberland County, Pennsylvania
plaintiff
VS.
} Judgment ;n faun of Plaintiff om 101112002
GEORGE A. STAMBAUGH and }
ins 99,968.75
SHIRLEY M. STAMBAUGH } Civil
No. 02-5854 Tam
Defendant
Cumberland Valley Cooperative Association plaintiff
in the above Judgr=t, do appear and aclmowhdge that we this day have had and received and from
George A Stambaugh and Shirley M. Stambaugh
the defendant in the above Judgment, full payment and satisfactiaa of the same, with 'interest and costs, and desired that satisfaction
therefore shall be entered upon the records *mwE
And further, we do hereby authorize and empower Curtis R. Long ?
Prothonotary of said Court, to or Cumberland Valley Cooperative =din its
name and stead to enter full satisfaction upon the record of said Judgement, as fully and effectually, to all intents and purposes, as
it could were it Personally present in person to do en. And for so doing this shall be your
sufficient warrant of authority.
We have hereunto set our hands and seals this 24th day of
In tatimaay wadYOf,
August ,A.D.2002
(seal)
0z
{Seal)
(Seal)
State of Peansylvada }
County of CunOwiaad,}
Personally appeared before me, the subscriba, ? !/ / / 4 ?sAbl * 6A-t ne"4' nct? e r
O7 CW ow?P?Rn ? VD?Iws ?An.eL°res'f1?V'? /155Dtiq.'T'i Oi..
the Plaintiff in the
above Judgment, and in due form of law w5mowledged the within and foregoing Power of Attorney to satisfy the Judgment set forth,
to be is act and deed, and desQed that the same shall be filed of record in the office of the Prothonotary of the Court of Common
Plans of said County, ?J ,y
l
In testimony whereof, I have hereunto act my hand and seal this 62 V day of 46 as
A.D. 20 ? . v eZ) 4
(Seal)
(Seal)
GOWAUNWEALTH YLVANIA
Notarial Seal i
Mede D. Hanish, Notary Public
Southampton Twp., Fran"n County
My Ownmission Expires Jan. 19, 2008
Member. Pennsylvania Association Of Notaries
Trxtn
?OAR OF ATTORNEY
To Satisfy a judgment
..................
20_.
Filed ----"
4