HomeMy WebLinkAbout99-03413
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No. 9 -3 Vim Civil Term
v
Court of Common Pleas.
Cumb. Co.
11
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99-3gO-('' JUIL
Date: MaY 1999 20. $7,299.22
JUDGMENT NOTE
VINCENT S. FAILOR and DEBRA L. FAILOR, husband and wife, of 1194
Myerstown Road, Gardners, PA 17324, collectively called BORROWER,"Failor/Maker",
promise to pay to ELWOOD B. SHUGHART of 199 Horseshoe Road, Carlisle, Cumberland
County, Pennsylvania 17013, his heirs and/or assigns as "HOLDER"„ Seven Thousand
Two Hundred Ninety-Nine and 22/100($7,299.22) Dollars with interest at the rate of
1.58 per month, beginning as of March 3, 1999, within one (1) year of the date of
this Note. Notice, demand, presentment, or protest are expressly waived by Maker.
Maker shall have the right to prepay all or any part of the principal amount of this
Note at any time or from time to time without premium or penalty. In addition,
Maker does hereby authorize and empower the Prothonotary or any Attorney of any
Court of T?evord of P-,nn. Ylvan4? or elsewh>re to ar-.ro.,r for and enter judnment
against Maker for the above sum, with or without declaration, with costs of suit,
release of errors, without stay of execution, and with 15 percent added for
collection fees; and Maker hereby agrees not to make any motion or any application
whatsoever to any Court for an inquisition on any real estate that may be levied
upon to collect the aforesaid sum, and Maker voluntarily condemns same, and
authorize the Prothonotary to enter said voluntary condemnation upon the Writ of
Execution. Maker further agrees that any property, real personal or mixed may be
sold through a Writ of Execution and further hereby waives and releases all relief
from any and all appraisements, stay or exemption of any State now in force or which
are passed hereafter. NO SINGLE EXERCISE OF THE FOREGOING POWER TO CONFESS JUDGMENT
SHALL BE DEEMED TO EXHAUST THE POWER WHETHER OR NOT ANY SUCH EXERCISE SHALL BE HELD.
BY ANY COURT TO BE VALID, VOIDABLE, OR VOID, BUT THE POWER SHALL CONTINUE
UNDIMINISHED AND IT MAY BE EXERCISED FROM TIME TO TIME AS OFTEN AS THE HOLDER HEREOF
SHALL ELECT, UNTIL SUCH TIME AS THE HOLDER HEREOF SHALL HAVE RECEIVED PAYMENT IN
FULL OF ALL AMOUNTS OWING HEREUNDER, TOGETHER WITH COSTS.
WAIVER
IN EXECUTING THIS NOTE, MAKER UNDERSTANDS THE TRANSACTION, AND KNOWINGLY
AND VOLUNTARILY WAIVES THE RIGHT TO CONTEST THE ENTRY OF THIS JUDGMENT AGAINST MAKER
IN COURT AND DOES HEREBY CONSENT TO THE ENTRY OF THE JUDGMENT BY CONFESSION. MAKER
HEREBY CERTIFIES THAT THEY HAVE EARNINGS OF $10,000.00 OR MORE PER YEAR.
Witness our hands and seals the day and year first above written.
Witness:
?/Z? (SEAL)
UV /,N A VincentA S. Failor
(SEAL)
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in the Court of Common Pleas of
Cumberland County, Pennsylvania
No. a 9' P/ I
Civil. 19 _
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Prothonotary
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Attorney for Plaintiff/
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Filed 19 _
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Term, 19 _
PRAECIPE
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