HomeMy WebLinkAbout97-04052
CUMBERLAND VALLEY COOPERATIVE
A~S,~C;;I~~~ON
In the Court or Common Pleas or
Cumberland County, Pennsylvania
\'S,
Judgl:II'1I1 ill 10\\", "I Plailllilf "" u?(,2_~~~??,~._u..,_
~_~9~~~,A~__~~~~_~~g~__,_., _,'., _,..__,.." ,__
SHIRLEY M. STAMBAUGH
_~_.._~_~, ~~. for
$~~_._8.~~~44
.._.~_i,,!!~.._ Terlll. t9.9Lu
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. 1997-4052
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Elllwd ,_", __ _, ..,_?!.~5!!,9.~Lu__u__ 19..____
Cumberland Valley Cooperative Association, '
_ __,_, nun nUun___.._ _, 'n_ _ _____, ,__, _, _,_" _ __ u' _u_"__u, u'_' u___u_u_'uu n_Uu_n_ Plainl.lI
in till' abm.l' .Iudgll1: nt. tIn aplwar 311d arknowh.llg:1" that
Ihis day haw had and ,,'.'ciwd amI
we
1 rOHl .. .Georga..A._StamhauglL.aod.. Shirl.ay _K.._Stambaugh..
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th(' dd'lld.101 in tht' aho\'i.~ JUd~I:H'lit, full )J;.1)11U":11 and \3i!o{al'tion of t:u- !lo;IIW. witit intl,"""t ami rolts. and desin'clthat
satisf.ction therefore shall be enlered upon the records thereof,
And further. we
do hereby authorUc and CfDpo"Tr._J:urJjLs_~~~-.--------.----------------------
, for us
theProthonobry of ,,"d Court. to .ppcar __nu____uu__________n_uuu_u_______u_
and in our
name and stead to .'nler full satisfaction upon the n'Cord of sai.! Judgment,:u fully and effectually, to all
intents ant.! purposes, as we could were we
personally presenl in person to do so, And for so doing this lhall be
your suffid,'nl warranl of authority,
In t..timony "'M~, 1
ba\'(~ hen'Unto M'l our hands and St'al. thi~ _____23.rA__~__H__U_H_____________
day of __JJl\x_______________________________________, lllJ.)VD_,2tUl3, ~~.t"',.
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\Seal)
(Seal)
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Slate of I'mllS)'lvania
County 01 Cumberland,
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(Seall
Personolly appeare.! before Ine, the .ub.....ibcr, ..lUrla.Jl._lIarDiah._T~.w:a1:_Uu:.____'u.______...__._
___~~~~~!~~_~_y~_~!!l__~P~_~~~!!_~_~~.~~!~t_~~~___""."'._.___, ".___,__,_____,.".__._.__..,_.___
..------.------------------------------------..--..---- .------..------- --.---.
the- Plaintiff in Ih..
ab(w(' JUi.!~llu.ut\ ami ill due (unn 0( law l.u:knn\\k'i:lgt"tl d\t~ williill ~l.H~t f'\I't",;nin~ PU\\t'r of .-\ttt\f1Wy to satisfy the Jmh:-
1II('ut $l't fnlth, tu l.~ t,t...> act amJ d~..."" 31"1 ,!t.,.th',l dUll tt, !l.l"l" ~:t..l1 Lt. flit." I~ I't"('tltd in tilt' nfrnnf.~ Protlu:\n-
oury of Ihe Court of t:oomlOll .,.... of aaitl Cuunty.
In Intm-)' ...1ltrtoI. I ha,,, he....unto ""t my hiand and ...al this ....." q),3., ......._... ..,_..
day or ________:J:u.J~___..------.------------._~--- ~l ~~.3z ), , I .
-J)d;,.t4.A. L'a. LtJ:.r1..l".,.______
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TO: Cumberland Valley Cooperative Association
908 Mt. Rock Road
Shippensburg, PA 17257
RE: George A. ,~ambaugh
Shirley M. Stambaugh
3419 Ritner Highway
Newville, Pa, 17241
Demand Note in the amount of $52.878.44
Dated July 17. 1997
The undersigned hsreby 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 elsswhere to
confess judgment against the Undersigned. That the loan for whi~h 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 aforessid rights have
been waived and that an execution may be issued on a judgement entered on said
confession against their property.
The Undsrsigned 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: 4
'7;!.. r! 0,' -/
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# (SEAL)
SBAL)
COMMONWEALTH OF PENNSYLVANIA:
SS
COUNTY OF F, nnlJ.i\
.
.
t., c\ ')" rl\',j ......J,,, It-j'itT'''\ h1ll1jh 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
this ~ day of -";I/JI
before me,
r!"')
Ir~IIl'/l ;( 6:-l
( . -
..
iACOUt~, '~E l Sf,Ck, NGI.1f1 t\:bttC
C~,tn;:,t h :,) L,~li"lIn C;~Ufjty
Y.. C{':f1l1'<~t" ',-; "- '1.111' S 1000
George A. Stambaugh
Shirley M. stambaugh
3419 Ritner Highway
Newville, Pa, 17241
$52.878.44
Shippensburq, Pennsylvania
Ju1v 11. 1921.
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
$52.878.44 with interest on the unpaid principal at the rate of 11
percent per annum from date hereof until paid in full. Said
principal sum and interest shall be payable in eqqal successive
monthly installments of $1,366.67, each commencing on the 11th day
of August, 1997, and continuing until July 17. 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 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 current
purchases from CUmberland Valley Cooperative Association within
standard thirty day terms, 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 ~ny 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.
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