HomeMy WebLinkAbout99-06357i
1 i
i
No. 99- Gas dell Term
i•
vs.
i Court of common Pleas
Cumb. Co.
? t
i
L
'
I+
"
07/30/02 08:01 TEES-BkIER ELK 4 717+243+9200 N0.510 003
EUGENE BAILEY II
LEDA M. BAILEY IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY,PENNSYLVANIA
V. ' DOCKET N0. 1999-06357
JUDGMENT
y DONALD J. SHOTTO
1 ROBYN E. SHOTTO
i
Defendant +
PBAECTPF TO SATjC
Please mark the above judgment FV j17nr_mga1
as satisfied and paid
in full
and discontinue without prejudice.
EUGENE A.0BA2L8,Y, II
LEDA M. BAILEY 77--
ice! C` CJ : l
CIO
c-n
O
n
u 4 ?Si
t?
Fff"
"' 9 r
c
tYt w?.9. Y ,
dii2l y ?
j?^tnl
s11i' p..
$2,372.01
72v.99- &35'7 7-4L.
September 23, 1999
PROMISSORY NOTE
FOR VALUE RECEIVED and intending to be legally bound, DONALD J.
SHOTTO and ROBIN E. SHOTTO, his wife, of Carlisle, Cumberland County,
Pennsylvania, for themselves, their heirs and assigns, (hereinafter "Obligor"), promise
to pay to EUGENE A. BAILEY, II and LEDA M. BAILEY, his wife, of Mt. Ulla, North
Carolina, their heirs and assigns (hereinafter "Obligee"), the sum of Two Thousand
Three Hundred Seventy-two and 01/100 ($2,372.01) Dollars, lawful money of the
United States of America, the same to be payable as follows:
In monthly installments of $100.00, payments being applied first to Interest at the
rate of 8.00 % per annum and then to the principal balance, beginning on October 23,
1999 and continuing monthly thereafter on the 23 d day of each month until November
23, 2001, at which time all remaining principal and all accumulated interest thereon
shall be paid in full. Obligor may prepay in whole or in part any portion of the principal
without penalty at any time.
Obligor further does hereby authorize and empower any attorney of any court of
record of Pennsylvania or elsewhere to appear for it and to enter judgment against it for
the then outstanding balance of this Note, with or without declaration, together with
costs of suit and reasonable attorney's fees, and with full release of errors. Judgment
hereunder may be confessed on executed or photostatic copies of this Note as many
times and In as many jurisdictions as is necessary to secure satisfaction of any unpaid
balance or balances, and the judgment or judgments confessed shall be without stay of
execution. Obligor specifically waives and releases any and all relief from any and all
appralsement, stay or exemption laws of any state whether currently in force or
hereinafter to be passed.
WITNESS the due execution hereof this day of September, 1999.
14-5 7a
ROBIN E. SHOTTO
"Obligor"
mbl bawl /J J . .51t0rl-o
7.5 C/1dN,v+a od11vt
019at1s1t,Pf 1703
/ 111 pu CtNL d 431/1 it t=
073Y WnBirN DL
/;1T tittfi Ne. 19Yr/Z1
DISCLOSURE STATEMENT
The undersigned, DONALD J. SHOTTO and ROBIN E. SHOTTO, his wife,
having read this document in Its entirety, and fully understanding it, hereby states,
admits, acknowledges, and certifies the following:
1. It has, this day, signed a Judgment Promissory Note in which it promises
to pay to EUGENE A. BAILEY, II and LEDA M. BAILEY, his wife, the sum of Two
Thousand Three Hundred Seventy-two and 01/100 ($2,372.01) Dollars.
2. Upon default in the payment provisions, said judgment note gives the
entity who holds or owns the note the right to file and enter Judgment against them
without any prior notice to them and without any right of formal pleading, notice, or
hearing before the entry of said judgment.
3. Such a judgment entered against them will automatically create a lien on
all real estate owned by them at that time, whether they owns it now or acquires it later.
4. Such a judgment entered against them will entitle the entity who owns or
holds such a judgment to issue execution against its property which can result in the
Sheriff physically attaching or taking possession of said property and selling it at a
Sheriff's Sale.
5. That they will be compelled and required to hire an attorney to file formal
documents to open or strike such a judgment if they has a valid defense to the action
taken against them, and without those documents being filed, they will not have a right
to a hearing or trial on such judgment matter.
6. That they has an Income, either themselves or together with any other
persons who signed the note with them or guaranteed the same, which is at least
$10,000.00 per year.
(SEAL)
DO J.SHOTTO
!` n / /
E.SHOTTO
September 23, 1999
s
n
n
8C?
a
Q
0
a' h a
oo
P of
o
a+