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FINANCIAL TRUST COMPANY,
Plaintiff
IN TilE COlJRT OF COMMON PLEAS
OF CllMIIEIU,ANU COUNTY,
PENNSYLVANIA
v.
CIVIL ACTION - LAW
GLENN A. TROSTLE,
Defendant
CIVILTEItM 1997- },/t,c {:~~ loLL<-
COMI'LAINT
AND NOW, comes Financial Trust Company, through its attorney, William A.
Duncan, Esquire, and files this COl11plaint, of which the Itlllowing is a statement:
I. Plaintilfis Financial Trust Company, II corporation organized and existing under
the laws of the Commonwealth ofl'ennsylvllnill with its l11ain ollice and principal place of
business located at I West High Street, Carlisle, Cumberland County, Pennsylvania 17013,
2. Defendant, Glenn ^ Trostle is an adult individual who resides at R.D. # 2 Box
165, DilIsburg, York County, Pennsylvania
3. On or about December 7, I 9'J I, Defendant along with Robyn G. Darr made,
executed and delivered to Plaintin'a note Iinilncing Eighteen Thousand Four Hundred
Sixty-four and 88/100 Dollars ($18,464 88), a copy of said note being attached hereto as
Exhibits "A", and is incorporated herein by reference as though fully set forth.
4. Said note has not been assigned
5. Said note is in delillllt because Defendant herein has failed to pay the payments that
were due and owing for the months of March 1'J97, April!997, May 1997 and June 1997.
6 The Plaintill'has given wrillcn notice of default to defendant.
7 By reason of the aforesaid default, the entire principal balance of Sixteen
Thousand Four and 9HIIOO ($1<.,004 98) Dollars, with interest thereon at the rate of 13.50 %
per annum computed from March 25, 1997, and attorney's fees in the amount of Eight
Hundred and 241100 ($HOO 24) Dollars, arc now due and payable.
VERIFICATION
I, Lynn S. Baker, hereby verify that I am a Executive Vice President of Financial Trust
Company, that I make this verification being authorized to do so, and the facts set forth in the
foregoing Complaint arc true and correct to the best of my knowledge. I understand that false
statements herein arc made subject to the penalties of 18 Pa. C.S. Section 4904 relating to
unsworn falsification to authorities.
I;.~
Executive Vice President
Financial Trust Company
--
PROMISSORY NOTE
J>rlnclpa
18464:88
Loan Dale Maturity
12-25-2001
Accoun
Roforences In Iho shaded 8roa aro for londo,'s usa onl
articular loan or lIem.
Borrower: Robyn G. Da"
Glenn A. TroaUe
RD, 2, Box 182A
Dllllburg, PA HOle
Lender: Fermara Tru.1 Compeny
Noble Boulaverd Office
One Weet High Slreel
Corllele, PA 17013
Principal Amount: $18,464,88 Intereat Rate: 13,500% Date 01 Note: December 7, 1991
PROMISE TO PAY, I proml.. 10 pay 10 Ferme" Tru.t Company ("lender'), or order, In lawlul money 01 Ihe United Stale. 01 America, the
p~nclpe! amounl 01 Eighteen Thousand Four Hundred Sixty Four & 881100 Doller. ($18,48U8), logelher with Intere.t at tha rate 0113.1500% per
""num on the Unpaid principal balance from December 12, leil, unlll peld In lull.
PAYMENT, I will pay Ihll loen In 120 paymenll 01 $282.53 elleh payment. My nrlt payment II due JanuSI)' 25, lei2, end eltsubsequenl
paymenll Ir8 dU8 on Ihe same day 01 elleh monlh eller that. My nnal paymenl will be due on Decamber 25,2001, end will be lor all prfnclpe!
and allllecrued Inlerall nol yet paid, Payment I Include principal and Inlerelt. Inleresl on Ihls Nole Is compuled on a 30/360 .Imple Inl.....1 blsls;
Ihllls, wllh lhe excepllon 01 odd days In Ihe n,,1 paymenl pe~od, monlhly Inlereslls calculaled by applying Ihe rallo ollhe Innuallnl.....1 rll. OVllf I
year 01 360 days, limes Ih. oulslandlng principal balance, limos I monlh 0130 days. Inleresllor Ih. odd days Is calculaled on Ihe blsl. ollhe aclua'
days 10 lhe next full monlh end e 360-dey year, I will pey Lender el Lender's address shown ebove or al such olhe, pleca s. Lender may designs I. In
wrlllng. Unles. olherwlse agreed or required by applicable law, payments will ba applied n..llo accrued unpaid Inl...osl, Ihen 10 princiPII, Ind sny
remaining amounllo any unpaId collecllon costs and lale charge!.
PREPAYMENT, I may pay without penalty all or a portion 01 the amount owed earlier than It III due, Elriy psymenls will
nol, unle5s agreed to by lender In writfng, relieve me of my obligation 10 continuo to make payments under the payment schedule. Ralher, they win
reduce lhe principal balance due and may result In my making tewer payments.
DEFAlJ..T, I will b. In delaullll sny ollhe lollowlng happens: la) Ilalllo maka any paymant whan due. (b) I b,aak any promise I hew made 10
lender, or I fall 10 perform promptly althe time and slrlctly In the manner provided In this Nole or any agreement relaled 10 this Note, or In any other
agreement or loan I have wllh lender. (c) Any represenlalton or slalement made or furnished 10 lender by me or on my behalf Is false or mfsleadlng In
any malariel r..peel. (d) I die or beeome Insolvenl, a reeelvar Is appointed 10' any pa,l 01 my p,opOlly, I make an asslgnmenl lor lhe benonl 01
credilors, or any proceedIng Is commenced ellher by me or agalns' ma under any bankruptcy or Insolvency laws. (a) Any creditor tries 10 take any of
my property on or In which lender has a lien or security Inleres!. This Includes a garnlshmenl of any of my accounts wllh lender. (I) Any of the
evonls described In Ihls dalaull seellon OCCUiS wllh respeello any gua,anlor ollhls Nole. (g) Lende, In good lallh deems IIselllnsecur..
LENDER'S RIGHTS, Upon deleulI, Lander In most cas.. will send me a nollce 01 delaull by 'eglstered or ce,lined mell. III do nol cU'a Iha delsull
wllhln thirty (30) days Irom Ihe postmaiked date ollhe nollce, Lendar may deela.. Ihe enl;'e unpaid p'lnclpal balance on Ihls Nole end all accrued
unpaid Intar..llmmadlalely due, a~d Ihen I will pay Ihal amounl. II, however, (a) I have abandoned Ihe Prope'ly, (b) I previously have been given
two (2) nollc.. 01 defaull wllhln a one (I) yea' period. or (c) olher extiBme cl,cumstanc.. exlsl which Jecpa,dlzelhe Property, Lander msy deela,elhe
entire unpaid prlnclpal balance on this Nole and all accrued unpaid Inlerest Immedlalely due, without nOllce, and then I wtll pay thai amount. Lender
may hIre or pay someone else to help conect lhls Nole If I do not pay. I also will pay lender thai amount. ThIs Includes, subject 10 any limits under
applicable law, lender's attorneys' fees and )ego! expenses whether or not Ihere Is a lawsuit, Including allorneys' fees and legal expenses for
bankruptcy proceedings (Including efforts 10 modify or vacale any automatic stay or InjunctIon), eppoals, and any anllclpated posl-Judgmonl collection
SeMces. If not prohibited by applicable law, I also will pay any court costs, In addition 10 all olher sums provided by law. If Judgment Is entered In
connecl1on with this Nole, Inlerest wUf continue 10 accrue on this Nole aller Judgmenl atlhe existing Interest rale provlded for In 'hIs Note. This Nole
hal been delivered to Lender and lIecepted by Lender In Ih. Commonwealth 01 Penn.ylvanla. lither. II a tawlult, I agree upon lender'l
requelllo lubmltlo the Jurlsdlclton of Ihe courl. 01 Cumberland County, Ihe Commonwealth 01 Penn.ylvanla. Thl. Nole shall be governed by
and construed In accordance wllh Ihe laws or Ihe Commonwealth or Pennsylvania.
RII3HT OF SETOFF. I granlto lender a conlractual possessory security Inlereslln, and hereby assign, convey, deliver, pledge, and transler 10 lender
all my right, 11110 and Inleresl In and to, my accounts with lender (whether checking, savings, or some other accounl), Including wllhoulllmllalfon all
accounts held JoInlly wllh someone else and all accounls I may open In the future, excluding however all IRA, Keogh, and trust accounts. I aulhorize
lender, to tho extent permllled by applicable law, to charge or seloff 811 sums owing on Ihls Note agalnslany and all such accounts.
COll.ATERAL. This Nole Is secured by, In addilfon 10 any other collatoral, 8 MoIIgogo doled December 7, 1991,10 lender on real property located In
Vorl< County, Commonweallh of Pennsyfvanls, alllhelerms and conditions 01 which are hereby Incorporated and made 8 pari or this Nole.
GENERAl PROVISIONS. lender may delay or lorgo enforcing any 01 lis lights or remedies under lhls Nole wilhoulloslnQ them. 1 and any other
person who sIgns, guaranlees or endorses this Nole, to the exlent allowed by low, wolva presenlmenl, demand for payment, prolest and notice of
dishonor. Upon any change In the lerms ollhls Note, and unless olherwise ellpressly staled In wliting, no pOlly who signs this Nota, whelher as mak9f,
guarantor, accommodation maker or end~er, shall be released horn liabJ1ily. All such parties agree thai lender may renew, ex1end (repeatedly and
lor any Ienglh of lime) or modify this loen, or release any pe,ty or gua'snlOi or collalOlel; Oi Impair, lalllo realize upon or perleel Lender's security
Intereslln the collateral; and lake any othor aclion deemed necessary by lender wilhoullhe consent of or notice 10 anyone. The obligations under lhls
Nole are joint and several. This means Ihallha WOlds "I~, "me", end "my" meAn each and an of the p8l'Sons signing below. "any pOltlon 01 this Nola
Is for any reason delermlned 10 be unenforceable, it wilt nol elfocllho enforceability of eny othpr provisions of Ihis Nols.
PRIOR TO SIGNING THIS NOTE, I, AND EACIt OF US, READ AND UNDERSTOOD ALL TItE PROVISIONS OF TItIS NOTE, I, AND EACH OF US,
AGREE TO THE TERMS OF TItE NOTE AND ACKNOWLEDGE RECEIPT OF A COMPlETED COpy OF TlfE NOTE.
:OtWER:
ROb~
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___(SEAL)
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Glenn A. Tr~- -.
(SEAL)
ftx'dRllt.lnlllllmenl
1Hllrll"I"~"r'<;"'v'(..n'''''r_l''( "'U11o.ll.,u&!'yed IPA IHOOAHRnol"-it
EXHIBIT
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L/7/80
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