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JOSR TREJO S : NO, 98'2311 C' 'I"
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DOfOllelllnts , JR.,
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: CiVIL AC110N . LA IV
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Dated: AUgust 8, 2003
NIC/fOLAS LA IV
OF'FICES, p.C,
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By: _ =-
Stevec N' h ~__,
Atty 10 #0;~4~/IIS, EsqUiro ______
2215 ForeSI /f'/J '
/-f1l/'f'iSbUrg pA,l IS7Drlve, SUite 37
(717) 540.7746 112'1099
Attornoy for PI' ,
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,JUDGMENT NOTE
~tj - d~S II ~ tV.btm
$300,000,00
Hul'tisburg. I'ennsylvllnia
Duted: April 23, 1998
FOR VALUE RECEIVED. .lose Trejo, Sr, und .Iose Tr"io, .II'" flllher and son.
(OBLIGOR) pl'Omise to puy to the order of Arthur A, Kouvelis and Colleen 0, Kouvelis.
husband and wife. (OBLIGEE), their heirs. executors. administrators, successors. and ussigns.
the principul sum of Thrcc Ilundrcd Thousand and 001100 ($300.000,00) Dollurs, amortized over
a term of tcn (10) years, shall he paid with interest computcd al the raIl' of ninc and onc half
(9,5%) per cenl pel' anllUIll. in equal nl<1nthl)' installments of Threc Thousand Eight Hundred
eighty-onc and 9.11100 ($3.HHI.9.1) Dollars, All paynwnls shall he applicd lirst 10 paymcntof
acerucd intcrest und thc balance to reduction of principal. The lirst payment shall be due thirty
(30) days aileI' datc hcrcof. All paymcnts shall b., duc on thc same day of cach 1110nth following
the initial payment until paid in full.
A lump sum paymcnl in the amount ol"l\wnty Fivc Thousand and noli 00 ($25,000,00)
Dollars shall bc duc and payablc on October 23, 19l)8, in addition to thc monthly installment duc
in thc amount of Thrcc Thousand Eight Hundrcd cighty-onc and 93/100 ($3.881.93) Dollars.
Thereatler, thc principal balance rcmaining shall bc paid witb intcrcst atthc ratc of nine und onc
half (9,5%) pel' ccnt pCI' annum, in equal monthly installmcnts of Thrcc Thousand Five Hundred
limy-eight and 1711 00 ($3,548,17) Dollars. with the lirst paymcnt due on Novcmber 23. 1998,
NOTWITHSTANDING ANYTHING IIE1Ui;IN TO THII: CONTRARY, THE
ENTIRE RF.,MAINING PRINCIPAL IJALANCIi; ANI) ALL ACCRUED INTEREST
SHALL IJII: DUE AND PAY AIJLE SIXTY (60) MONTHS FOLLOWING SETTLEMENT.
Payments which arc nol reccivcd wilhin five (5) days of the dt'" date shall bc subject to a
late payment penalty charge of live (5%) pel' cent oflhe amount due, Obligor may prepay part or
the entire amount al any time without penalty, TIME IS OF THE ESSENCE,
And further. to sccure payment of Ihis Nolc. we hcrcby authorize and cmpowcr thc
Prothonotary or any attorney of any Court of Record of Pcnnsylvania or clscwlwre to appear lilr,
and to entcr judgmcnt against us for the ahove sum. with 01' without declaration. with costs of
suit, relcasc of crrors, without stay of cxccution; and with Ii"" (5%) pel' cent added lilr colle.'tion
fees; and we do further agrce thai r.'al. personal 01' mixcd propcrty may be sold upon uny writ of
eXecution as now 01' hcreatlcl' provided by law and the Rules of Civil Proecdurc governing the
cnfilreemcnt of judgmcnts; and that we do herehy waive and rclcasc all rclief from any
appl'llisernent, stay or exemption laws of the State now ill liu'ce or hereatlcl' to bc passed,