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HomeMy WebLinkAbout99-03669 No. 99 3A4 s' Civil Term vs. Court of Common Pleas Cumb. Co. f I i S I i r 71-v. 9 9. 36 6 i e4? 7Tz. JUDGMENT NOTE AND NOW, this /5/d day of June, 1999, FOR VALUE RECEIVED, this Judgment Note is made by and between the undersigned, WAYNE P. KELLER and JOAN E, KELLER, (hereinafter referred to as "Obligors") and MIDDLESEX TOWNSHIP MUNICIPAL AUTHORITY, a municipal corporation (hereinafter referred to as "Obligeell). and assigns Obligors, are a held their and firmly executors, bound administrators, successors unto s Obligee, and its successors and assigns, and Obligors do hereby promise to pay to the order of Obligee, without defalcation, the principal sum of Eleven Thousand Four Hundred Twenty-Three and forty-two/100 ($11,423.42) Dollars, together with interest on the entire unpaid principal at the rate four and one-half percentum (4.5%) per annum, from the date hereof. Said payments shall be made in lawful money of the Unites States of America. 11The principal sum and interest aforesaid shall be paid in sixty (60) monthly installments in the amounts shown on the Amortization Schedule attached hereto marked "Exhibit All and incorporated herein by reference thereto, the first of said installments to be due and payable one (1) calendar month from the date hereof and all subsequent installments shall be due and payable on the same numerical date of each and every month thereafter for 59 consecutive months. This Judgment Note may be prepaid, in whole or in part, without penalty and without the accrual of additional interest on the prepaid principal after the date of prepayment, but all prepayments shall be applied to any installments then outstanding in the inverse order of their maturity. Protest and notice of dishonor are hereby waived. If at any time default shall occur in the payment of principal or interest as set forth in this Judgment Note, for the space of ten (10) calendar days after payment thereof shall have been due, then the entire unpaid principal and accrued interest shall become due and payable immediately without notice. With or without default hereunder, Obligors authorize and empower Obligee's attorney-at-law or the prothonotary of any court of record of Pennsylvania, or elsewhere, to appear for and to confess judgment against Obligors, and in favor of Obligee, for the entire unpaid principal and accrued interest, together "W OFFICES with all charges and costs thereof, and together with accrued SNEL©AKER, interest after declaration filed, and together with attorney's aRENNEAMMEN fees of five percent (5$) of the entire unpaid 11 enter judgment without process against Obligors, withpor,without declaration, and Obligors hereby release all errors in any such proceedings and waive all rights of objection, exception and appeal, and pursuant to and upon such judgment and upon their default of their obligations hereunder, Obligors hereby authorize and consent to immediate execution of any property, real, personal or mixed, wheresoever situated hereby voluntarily condemning the same, and no bill in equity, petition or other proceeding shall be filed or interfere in any manner with the operation of such judgment or execution thereupon, hereby ratifying and confirming all that said attorney-at-law or prothonotary may do by virtue hereof, and waiving and releasing all rights and benefits of appraisement, and inquisition of real estate, stays of execution and exemption laws of any jurisdiction now in force or hereafter enacted. Obligors further authorize that any such judgment taken against them may be cross-filed as a municipal lien in the municipal lien docket of the county in which judgment is entered. "IN OFFICES SNELBAKER, BRENNEMAN & SPARE Obligors represent, certify and warrant that they have read and reviewed the contents of this Judgment Note, that they understand the provisions hereof, that they are aware and understand that the Judgment Note authorizes the confession and entry of a judgment against them for the entire unpaid principal, together with interest at the rate of four and one-half percent (4.5%) per annum, charges, costs and attorney's fees of five percent (5%), and that they have signed this Judgment Note voluntarily and with the intent to be bound legally hereby. It is understood that Obligee will enforce the forgoing attorney's fees only in the event of Obligors' default and Obligee's issuance of execution process. This Judgment Note shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. The assignment or transfer of this Judgment Note shall be binding upon and inure to the benefit of the successors, assigns, transferees, personal representatives, executors, administrators and heirs of obligors and obligee, respectively. IN WITNESS WHEREOF, Obligors have signed and sealed this Judgment Note the day and year first written above. WITNESS: r \LI%y r 6? I, '&, G ')!. I, rr r i (SEAL) (SEAL) COMMONWEALTH OF PENNSYLVANIA ) SS. COUNTY OF CUMBERLAND ) t'Z On this I? day of June, 1999, before me, a Notary Public for the Commonwealth of Pennsylvania, the undersigned officer, personally appeared WAYNE P. KELLER and JOAN E. KELLER, husband and wife, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purpose therein contained. seal. WITNESS WHEREOF, I have hereunto set my hand and notarial Notary Pu is- Notarial Seat Carolyn E. Swelter, Notary Public NtWlesexUp. Cumberland County MY Commis5lon Noires June 19, 2000 Member, Pennsylvania Ass061atlon of Notafes uw OFFICES SNELBAKER, BRENNEMAN a SPARE UAMLEI-QATE OF RESIDENCE I hereby certify, based upon the information and belief, that the business addresses of the parties hereto are as follows: Middlesex Township Municipal Authority 350 North Middlesex Road Carlisle, PA 17013 Wayne P. Keller Joan E. Keller 99 Wolf's Bridge Road Carlisle, PA 17013 SNELB , B N N &/SPARE, P.C. By U 2vL-`? R ar Snelbaker West Main Street Mechanicsburg, PA 17055-0318 (717) 697-8528 Attorneys for Middlesex Township Authority I W OFFICES SNELBAKER. BRENNEMAN & SPARE EXHIBIT A AMORTIZATION SCHEDULE Middlesex Township Municipal Authority Payment Schedule Wayne P. & Joan E. Keller 99 Wolfs Bridge Road Fee Breakdown Water Tapping Fee $ 5,894.21 Sewer Tapping Fee $ 4,752.87 Water Connection Fee: $ 200.00 Sewer Connection Fee: $ 210.00 Customer Facility Fee: $ 218.74 Permit Fee: $ 50.00 Docket & Sheriff Cost's: $ 97.60 $11,423.42 Annual Interest Rate 4.50% Monthly Interest Factor 0.00375 Payment # Payment Amount Interest Balance Beginning Balance $11,423.42 1 $200.00 $ 42.84 $11,266.26 2 $200.00 $ 42.25 $11,108.51 3 $200.00 $ 41.66 $10,950.16 4 $200.00 $ 41.06 $10,791.23 5 $200.00 $ 40.47 $10,631.69 6 $200.00 $ 39.87 $10,471.56 7 $200.00 $ 39.27 $10,310.83 8 $200.00 $ 38.67 $10,149.50 9 $200.00 $ 38.06 $9,987.56 10 $200.00 $ 37.45 $9,825.01 11 $200.00 $ 36.84 $9,661.85 12 $200.00 $ 36.23 $9,498.09 13 $200.00 $ 35.62 $9,333.70 14 $200.00 $ 35.00 $9,168.71 15 $200.00 $ 34.38 $9,003.09 16 $200.00 $ 33.76 $8,836.85 17 $200.00 $ 33.14 $8,669.99 18 $200.00 $ 32.51 $8,502.50 19 $200.00 $ 31.88 $8,334.38 20 $200.00 $ 31.25 $8,165.64 21 $200.00 $ 30.62 $7,996.26 22 $200.00 $ 29.99 $7,826.25 23 $200.00 $ 29.35 $7,655.59 24 $200.00 $ 28.71 $7,484.30 25 $200.00 $ 28.07 $7,312.37 26 $200.00 $ 27.42 $7,139.79 27 $200.00 $ 26.77 $6,966.56 28 $200.00 $ 26.12 $6,792.69 29 $200.00 $ 25.47 $6,618.16 30 $200.00 $ 24.82 $6,442.98 EXHIBIT A Payment # Payment Amount Interest Balance 31 $200.00 $ 24.16 $6,267.14 32 $200.00 $ 23.50 $6,090.64 33 $200.00 $ 22.84 $5,913.48 34 $200.00 $ 22.18 $5,735.66 35 $200.00 $ 21.51 $5,557.17 36 $200.00 $ 20.84 $5,378.01 37 $200.00 $ 20.17 $5,198.17 38 $200.00 $ 19.49 $5,017.67 39 $200.00 $ 18.82 $4,836.48 40 $200.00 $ 18.14 $4,654.62 41 $200.00 $ 17.45 $4,472.07 42 $200.00 $ 16.77 $4,288.84 43 $200.00 $ 16.08 $4,104.93 44 $200.00 $ 15.39 $3,920.32 45 $200.00 $ 14.70 $3,735.02 46 $200.00 $ 14.01 $3,549.03 47 $200.00 $ 13.31 $3,362.34 48 $200.00 $ 12.61 $3,174.95 49 $200.00 $ 11.91 $2,986.85 50 $200.00 $ 11.20 $2,798.05 51 $200.00 $ 10.49 $2,608.55 52 $200.00 $ 9.78 $2,418.33 53 $200.00 $ 9.07 $2,227.40 54 $200.00 $ 8.35 $2,035.75 55 $200.00 $ 7.63 $1,843.38 56 $200.00 $ 6.91 $1,650.30 57 $200.00 $ 6.19 $1,456.48 58 $200.00 $ 5.46 $1,261.95 59 $200.00 $ 4.73 $1,066.68 60 $200.00 $ 4.00 ^;_? ?820T68 EXHIBIT A p ?, P u` L? r i 1 4 > r- ?.:r_ ?= ?„ ? _ ` j -- ?;: ?., -- L,? _ 1 __J _ ?J L-' ? 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