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NOT E
April 6, 1995
Malinda S. Raamussen
517 North Hanover street
Carlisle, PA 17013 (, . -t
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1. BORROWER'S PROMISE TO PAY
517 North Hanover street
Carlisle, PA 17013
In return for a loan that r have received, I promise to pay
U.s. $35,000.00 (this amount is called "Principal"), plus
interest, to the order of the Lender. The Lender is Raymond E.
Diehl and Genevieve A. Diehl, husband and wife, of 401 Myers
Road, Boiling springs, Pennsylvania 17007. I understand that the
Lender may transfer this Note. The Lender or anyone who takes
this Note by transfer and who is entitled to receive payments
under this Note is called the "Note Holder."
2 . INTEREST
Interest will be charged on unpaid principal until the full
amount of Principal has been paid. I will pay intereat at a
yearly rate of twelve percent (12%).
The interest rate required by this section 2 is the rate I
will pay both before and after any default described in section
6(B) of this Note.
3. PAYMENTS
(A) Time and Place of payments
I will pay Principal and interest by making payments every
month.
I will make my payments on the 6th day of each month
beginning on May 6, 1995, I will make these payments every month
until I have paid all, of the Principal and interest and any other
charges described below that I may owe under this Note. My
monthly payments will be applied to interest before Principal.
If, on April 6, 2000, I still owe amounts under this Note, I will
pay those amounts in full on that date, which is called the
"Maturi ty Date."
I will make my monthly payments at 401 Myers Road, Boiling
Springs, PA 17007, or at a different place if required by the
Note Holder.
(D) Amount of Monthly payments
My monthly payment will be in the amount of U.S. $360.01.
4. BORROWER'S RIGHT TO PREP~Y
I have the right to make payments of Principal at any time
before they are due. A payment of Principal only is known as a
"Prepayment." When I make a Prepayment, I will tell the Note
Holder in writing that I am doing so.
I may make a full Prepayment or partial Prepayments without
paying any prepayment charge. The Note Holder will use all of my
Prepayments to reduce the amount of Principal that I owe under
this Note. If I make a partial Prepayment, there will be no
changes in the due date or in the amount of my monthly payment
unless the Note Holder agrees in writing to those changes.
5. LOAN CHARGES
If a law which applies to this loan and which sets maximum
loan charges, if finally interpreted so that the interest or
other loan charges collected or to be collected in connection
with this loan exceed the permitted limits, then: (i) any such
loan charge shall be reduced by the amount necessary to reduce
the charge to the permitted limit; and (ii) any sums already
collected from me which exceeded permitted limits will be
refunded to me. The Note Holder may choose to make this refund
by reducing the Principal I owe under this Note or by making a
direct payment to me. If a refund reduces Principal, the
reduction will be treated as a partial Prepayment.
6. BORROWER'S FAILURE TO PAY AS REQUIRED
(A) Late Charge for Overdue Payments
If the Note Holder has not received the full amount of any
monthly payment by the end of 15 calendar days after the date it
is due, I will pay a late charge to the Note Holder. The amount
of the charge will be 5% of my overdue payment of Principal and
interest. I will pay this late charge promptly but only once on
each late payment.
(D) De~ault
If I do not pay the full amount of each monthly payment on
the date it is due, I will be in default.
(C) Notioe of Default
If I am in default, the Note Holder may send me a written
notice telling me that if I do not pay the overdue amount by a
certain date, the Note Holder may require me to pay immediately
the full amount of Principal which has not been paid and all the
interest that r owe on that amount. That date must be at least
2
30 days after the date on which the notice is delivered or mailed
to me.
(D) No Waiver By Note Holder
Even if, at a time when I am in default, the Note Holder.
does not requir.e me to pay immediately in full. as described
above, the Note Holder will still have the right to do so if I am
in default at a later time.
(2) paymont of Note HOlder's Costs and Expenses
If the Note Holder has required me to pay immediately in
full as described above, the Note Holder will have the right to
be paid back by me for all of its costs and expenses in enforcing
this Note to the extent not prohibited by applicable law. Those
expenses include, for example, reasonable attorney's fees.
7. GIVING OF NOTICES
Unless applicable law requires a different method, any
notice that must be given to me under this Note will be given by
delivering it or by mailing it by first class mail to me at the
Property Address above or at a different address if I give the
Note Holder a notice of my differ.ent address.
Any notice that must be given to the Note Holder under this
Note will be given by mailing it by first class mail to the Note
Holder at the address stated in section 3(A) above or at a
different address if I am given a notice of that different
address.
8. OBLIGATIONS OF PERSONS UNDER THIS NOTE
If more than one person signs this Note, each person is
fully and personally obligated to keep all of the promises made
in this Note, including the promise to pay the full amount owed.
Any person who is a guarantor, surety or endorser of this Note is
also Obligated to do these things. Any person who takes over
these obligations, including the obligations of a guarantor,
surety or endorser of this Note, is also obligated to keep all of
the promises made in this Note. The Note Holder may enforce its
rights under this Note against each person individually or
against all of us together. This means that anyone of us may be
required to pay all of the amounts owed under this Note.
9. WAIVERS
I and any other person who has obligations under this Note
waive the rights of presentment and notice of dishonor.
"Presentment" means the right to require the Note Holder to
demand payment of amounts due. "Notice of Dishonor" means the
3
right to require the Note Holder to give notice to other persons
that amounts due have not been paid.
10. UNIFORM SECURED NOTE
This Note is a uniform instrument with limited variations in
some jurisdictions. In addition to the protections given to the
Note Holder under this Note, a mortgage, deed of trust or
security deed (the "Security InBt.rument"), dated the same date as
this Note, protects the Note Holder from possible losses which
might result if I do not keep the promises which I make in this
Note. That Security Instrument describes how and under what
conditions I may be required to make immediate payment in full of
all amounts I owe under this Note. Some of those conditions are
described as follows:
Transfer of the property or a Benefioial Interest
in Borrower. If all or any part of the Property or any
interest in it is sold or transferred (or if a
beneficial interest in Borrower is sold or transferred,
and Borrower is not a natural person) without Lender's
prior written consent, Lender may, at its option,
require immediate payment in full of all sums secured
by this Security Instrument. However, this option
shall not be exercised by Lender if exercisG is
prohibited by federal law as of the date of this
Security Instrument,
If Lender exercises this option, Lender shall give
Borrower notice of acceleration. The notice shall
provide a period of not less than 30 days from the date
the notice is delivered or mailed within which Borrower
must pay all sums secured by this security Instrument.
If Borrower fails to pay these sums prior to the
expiration of this period, Lender may invoke any
remedies permitted by this Security Instrument without
further notice or demand on Borrower.
WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED.
/~~~~~-
~ks7~~-
Malinda S. Rasmussen,
~L)
Borrower
(Sign original Only]
4
Exhibit b
AFFIDAVIT PURSUANT TO P,RCP, 2951(u)(2)(ii)
AND NOW this 8th day of December, 1997 comes Michael J. Hanft, Esquire, counsel for
the Plaintiffs, and states, pursuant to information provided to hil11 by Plaintiffs, that the
confessed judgment being entered pursuant to this Praecipe is not being entered against a natural
person in conncction with a consumer credit transaction, The underlying transaction was for the
purchase of an investment, commercial related property,
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Commonwealth of Pennsylvania
. SS
County of Cumberland
On this, the 8th day of December, 1997, before me, the undersigned oflicer, personally
appeared MICHAEL 1. HANFT, ESQUIRE, known to me or satisfactorily proven to be the
person whose name is subscribed to ti,e within instrument, and acknowledged that he executed
the within instrument for the purpose herein contained and with the intent to be legal bound.
IN WITNESS WHEREOF, I have hereunto set my hand and notarial seal.
~~A. Y2r!
My Commission Expires:
Notarial Seal
Denise L. Nye, Notary Public
Carlisle Bora, Cumbedand County
My COmmission Expires Feb, 26, 200 I
R nmh/lr P"nMvl'JJnla AS~I)Clatlon of NotarIes
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exhibit 0
.!H 'mE CXXJRl' OF CXHQof PLFA'l OF ClMlERl..AM) CXUll'Y, PnftiYINANIA
CIVIL DIVISlOO
File No. 97-6781 CIVIL TERM
RA~D E. DIEHL AND
GrnEVIEVE DIEHl.
Annunt Due $48.723.02
Interest Per Diem of $11.51
Atty's Coom Included in amount due
Costs
v.
MALINDA S. RASMUSSEN
TO 'l'HE PROrnOoorARY OF THE SAID COURT I
The undersic;,ned hereby certifies that the below does not arise out of a retail
instal.lnent sale, contract, or account based 011 a confession of judgrent, but if it does,
it is based on the appropriate original proceeding filed pursuant to Act 7 of 1966 as
M'ended; and for real property pursuant to Act 6 of 1974 as arrended.
PRAECIPE FOR EXEX:Ul'lOO
Issue writ of execution in the above rratter to the Sheriff of CUmberland
County, for debt, interest and costs upon the following des<,ribed property of the
defendant(s) Defendant's real property at 517 North Hanover Street, Carlisle, PA
PRAECIPE FOR A'I'l'JICDIl'Nl' EXEX:.Ul'IOO
Issue writ of attachment to the Sheriff of County, for debt,
interest and costs, as above, directing attaclvnent against the above-named garnishee(s) for
the following property (if real estate, supply six copies of the description, supply four
copies of lengthy personalty list),
Ilnd all other property of the defendant(s) in the possession, custody or COntrol of the
said garnishee(s).
(Indicate) Index this writ against the garnishee( s) as a lis pendens against
real estate of the defendllnt(s) described in the attached '~~'/Jr1 &4-
DATE. '1/10/.97 Signature I L/'-I~. t!E
Prin t Nane I
Address I
Ten East IIigh street
Carlisle, PA 17013
Attorney forI Plaintiffs
Telephone, 717/2~3-3341
5u9reme Court ID rb.,
57976
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7, You may also have other rights and defenses, or ways of gelling your home back, if
you act immediately after the sale,
YOU SHOULD TAKE THIS PAPER TO YOUR l,AWYER AT ONCE. IF YOU DO NOT
HA VE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE TilE
OFFICE LISTED BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP.
CUMBERLAND COUNTY
COURT ADMINISTRATOR
4TH FLOOR
Cumberland County Courthouse
(717) 240-6200
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Raymond E, Diehl and Genevieve Diehl
-vs-
Malinda S. Rasmussen
In the Court or Common Pleus of
Cumbel'land County, Pennsylvania
No 97.6781 Civil Term
Kristin D. Mertz. Deputy Sheriff who being duly sworn according to law, says on January 6,
1998 aI6:14P.M.E.S:r., shc posted a copy ofrcal Estate Writ Notice Postcr and Dcscription on
the properly of Malinda S. Rasmussen at 517 North Hanovcr Strcet, Carlisle, Cumberlnnd
County Pennsylvania, according to law,
Michael E. Barrick, Deputy Sheriff, who being duly sworn according to law, says on January
12,1998 at 9:05 AM,E.S.T., hc served u true copy of Real Estat~ Writ Notice Poster and
Description, in the abovc entitled action upol1the within named dcfendanlto wit. Malinda S.
Rassm\lssen by handing to Malinda S. Raslllussen at Mechanicsburg Post Office,
Mechnnicsburg, Cumberland County, Pc:nnsylvania its contcnts llnd at the same timc handing to
her personally the said true und utte~:c\! copics of the same,
R. Thomas Kline, Shcriff, who being duly sworn uccording to law, says hc scrved the above
Rcal Estate Writ Notice Poster und Dc':c;iption in the following Manner: The Sheriff mailed a
notice of the pendency of the action to lhe defendant Malinda Rusmussen to hcr last known
address 611 B GeneVll Drive Apt II 5, Mechanicsburg, Pennsylvania. The lctter wus mailed under
the date of January 13, 1998 and never rcturned to thc Sheriffs Ollicc,
R. Thomas Kline, Sheriff, who being duly sworn according to luw, suys after due and legal
notice hud bcen givcn according to law, exposcd the within described premises at public venue or
o Law outcry at the Court House, Carli sic Pennsylvania, on May 6, 1998 at 10:00 o'clock
A.M.E.D.S.T., and sold thc same for thc sum of $ 1.00 to Attorney Michaelllunft for Raymond
E. Diehl and Gcnevicvc Diehl their heirs and assigns, It being thc highest bid and thc best price
received for the same Raymond E, Dichl and Gcncvicive Diehl, thcir heirs and assigns, being 'l1e
highest bid and best price received for the same Raymond E. Diehl and Genevicve Diehl, their
heirs and assigns paid to Sheriff R. Thol11us Kline, the sum of $ 3,994,65 it being bid price
poundagc ctc. Shcriffs Costs Listed bclow.
Shcriffs Costs:
Docketing
Poundagc
Posting bills
Advertising
Acknowledging dccd
Auctioncer
Law Library
County
Mileagc
Certilied Mail
Levy
Postpone sale
Surchargc
Journal
30,00
76.53
15.00
15,00
30,00
10.00
.50
1.00
9.30
1.50
15.00
20,00
4.00
215.00
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OR to-<.. j 0, "{ '17 thll sheriff levied ... defendan!';
IMlnst In tn(' ~":'~. ..;:,',' 'IV ':::~iJ;lt3d In ("I\.I 0, , 00 A~~.-
Cumberland CmJllty ,,:;:., ~~r "!in dr,...; n!lr: :",)rOO as: ~.?lLNQ.2t("""'~ 5iJ-.
'c.a.JL>'......_- and mo~~ hlly di:):"erH.'"I) (;0 exhibit" ;\" I.;,,;..
this writ ailJ by this r';'il)f~.1(:e incorporated herein.
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By: (flul'). A, {2~R~ld1-
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