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Home My WebLink About98-06577 ,. \:! '\' (' NO. tl'q. /.a~ 7? Civil term " J jJ..-A/~ Lu~ ~~ ~ ,l..,,'. Ji., ':'~<".:,:~: ." ~~'" , ' ..I' '.'" ~. -~" '),~ , ~ .t) . :.' . J ,,;,;" . ~. . ~~ ~t:.. V$, Ia. La ~-L rrl..., f'. '1'M/~-- { ~ ' .!' court of common 'leas cumbo co. ,j' ; ; \ ,'f , I i I I I ! .....-j "'~" ,t~ .-. ,,"-', Iv': \. i ;... ,{ . f l\%;l -; . li'~'v: - ( . ( " ~Y;t\' I [I',J {I';.r: 11'>:\ ! ;\?,. ': ifF}; "./I';~~' i- i \ if , , I i . I ,I , I '. i'\ '_" ."..-' I,.."", ) ."....-- ~ '~ '.I': ~ " \.-i. ..:.'f:;.... :,;(1:, "1 -~. ~ : _'f- I'..' ,I r ",. \~l" ", ' ll)t\~( . YO{" ,/'P"'; 1'0;' .. ,., r ':4j ..".. ,. \: IMBERIIA VEN GOLF CO.. INC. Plaintiff IN Tilt: COURT OF COMMON PLEAS OF Cl1MJlERLANI) COUNTY, Pt:NNSYLVANIA v. CIVIL ACTION - LAW ( , CARLISLE SPORTS EMPORIUM, INC. Defendant CIVIL TERM 1998 -lY5TT (\;.-...o1l'[I'"\ Prllerine . ;,' ' TO THE PROTHONOTARY: .,.'4 Pleasc cnter the attached Promissory Note dated June 2, 1998 of record and confess judgment against Defendant Carlisle Sports Emporium, Inc, and in favor of Imbcrhavcn Golf Company, Inc. pursuant to the authority containcd in thc Warrant of Attorney sct forth in the Note in the amount of $65,196.00 plus intcrcst computcd atthc ratc of9.1 0% per annum plus all costs of this action which amount represents thc currcnt unpaid principal balance, accrued interest, late charges and rcasonable attorncy's fces due and owing to Plaintiff by Defendant on /~. ."'1 , account of the Note.. Dated: November 18,1998 Duncan & Otto, P.C. I Irvine Row carlisle'm~ BY:U c.~ William A Duncan Attorney for Plaintiff ID # 22080 717-249-7780 $90,000.00 I'IWMISSORY NOTE Junc 'L 1998, CARLISLE SPORTS EMPORIUM, INC. a PellllsylvlIllill CorporlltioJl hereinaftcr called the" Makcrs" intcnding to be Icgally bound, promisc to pay to the ordcr of IMBERHA VEN GOLF COMPANY, INC., hercinaftcr callcd thc "Notcholdcr" or its successor.' and ,1ssigns thc sum of NINETY THOUSAND illld 00/100 ($90,000.00) Dollars, togethcr with intcrest on any unpaid balance at the rate of nine and one tenth (9 10 % ) per ccnt per annum payablc as follows; Interest shall accruc atthc ratc of9.10% pcr annum on thc unpaid balancc bcginning on June I, 1998. Additionally, pcriodic partial payments of principal shall bc madc in at least the amounts set forth hcrcinaftcr and on or bcforc thc following datcs' July 6, 1998 $20,000 00 less net range revenue retained by Noteholder July 31, 1998 $10,000.00 August 3 I, 1998 $10,000.00 Septcmber 30, 1998 $10,000.00 June 30, 1999 $10,000.00 July 31, 1999 $10,000.00 August 3 I, 1999 $10,000.00 Scptember 30, 1999 $10,000.00 TOTAL PRINCIPAL PAYMENTS DUE BY SEPTEMBER 30, 1999: $90,000.00 The first payment of accrucd interest only shall be due and owing on July 3 I, 1998 with monthly payments of accrued interest on thc unpaid balance of this Note due and owing on or before the last day of each month until thc unpaid principal balance and any other sums of money due and owing on account of this Note arc paid in full. All payments duc and owing shall be madc by cash, check or wire transfer payable to the order of Imberhaven Golf Company, Inc. In thc cvent that any check tendered for payment by Maker's bank is returncd for insufficicnt funds, Maker shalltcndcr all futue paymcnts in certified funds or via wifc transfcr. The obligation can be paid in full without penalty at any time by tendering the unpaid principal balance, accrued but unpaid intercst and any othcr charges or sums ~" 1 I v., of money duc on account of this Notc to IMBERIIA VEN GOLF COMPANY. INC. at 345 Shcrman Avenue, Wayncsburg, PA 15370 or to its Assigns if this Notc IS assigncd In the cvent any paymcnt of principal and/or intcrest is not madc within fiftccn (15) days of thc duc datc a fivc (5%) pcrcentlatc chargc shall bc addcd to cach such payment and said chargc shall apply to thc total unpaid portion of paymcnt duc and owing. In thc evcnt that a paymcnt of principal or intcrcst is not madc within fiftccn (15) days ofthc duc datc. the Notcholdcr shall provide written notice of such to thc Makcr's giving noticc that a r.1ilurc to curc thc dclilUlt will rcsult in the cntry of thc Notc at any Prothonotary's omcc in any County in Pcnnsylvania or at the appropriatc ofTicc in any othcr jurisdiction in accord with thc conditions sct forth hcrcinaftcr. In thc cvcntthat onc schcdulcd principal paymcnt is not madc on timc, written noticc shall bc givcn to Makcr but no cntry or exccution shall occur ifthc intcrcst for said unmade paymcnt is paid to a currcnt status and thc late chargcs associated with thc misscd payment are paid. Providcd, howcvcr. such paymcnt must bc madc prior to thc ncxt duc paymcnt. If a sccond schedulcd principal paymcnt is not made on timc. writtcn noticc of samc shall bc given to thc Makcr and if the payment is not madc within 30 days of said noticc. Notcholdcr may cxcrcisc any rcmcdics contallled hcrcin. Upon thc occlIrrcncc of an cvcnt of dcfault which rcmains incurred, subjcctto thc limitations as to noticc of latc or misscd paymcnts, Maker does hcrcby authorize. irrevocably, any attorncy of any Court of Record to appcar for it in any Court, in term timc or vacation. at any time hcreafter, andlor to entcr this promissory note ofrccord against it at the office of the Prothonotary in Cumbcrland County or any other Pennsylvania County Prothonotary or any other jurisdiction to cnter same againstthc Carlisle Sports Emporium, Inc. in the ofTice of the Prothonotary of Cumbcrland County or any other Pennsylvania Prothonotary or any othcr jurisdiction in the cvcntthat paymcnt is not made in accord with the tcrms contained hercinabove to confess judgment andlor to cxccute upon same without process, in favor of the holder of this Note, for such amount as may appear to be unpaid thereon, whether due or not together with costs, and to consent to immcdiatc cxccution upon such judgment; with reasonable attorneys fees charged; hercby ratifying and confirming all that our said Attorney may do by virtue hereof. WITNESS our hands and scals on the date hereinabove set forth; cst 8~. ,\A by Keith L. Plasterer, 'President 29 Middlesex Drive, Carlisle, PA ]7013 ." -::::> (J ':..1 ::1 p. 'I 7::, r \J\ ~ ~ P !t ~1 "- - . or, --t.... \J1 . ." ~I ,-":1 c... .J (,' -D I:) ;2. uJ Q) ~ C) 151 b L- a :.~ ) ';!~ \4- -f r;; 0 '.\ j ~ :,) - , ~. - 0 b- -~ -8:.. r' G2 f::) 1- - - - jf p- ~ 00 r - .0 0\) ;::, f