HomeMy WebLinkAbout99-06502_.. _ ..? ?. •."•. _.?.?-?`..?.`?......+..^.r' ??{j`_. -fir
4
t
No. 99- 450D,7 Civil Term
VS.
Court of common Pleas
Cumb. Co.
. 1,4;
t?
i
1 1
1
1 ?,
CUMBERLAND.VALLEY.SCNOOL DISTRICTS ......
Plaintiff
................................................
VS.
JASON D. ISETT,
................................................
Defendant
................................................
In the Court of Common Pleas of
Cumberland County, Pennsylvania
No.. ?9.....? r7.a rat.......... Civil. 19......
................................................
................................................
TO.?N .P1i4?1f44?oT.ARX ................................................................................
Kindly file the Promissory Judgment Note dated October 25, 1999 between
.......................................................................................................
the parties to this action. !.certify that the Defendant's, address is a matter
............................................. .....
of record inthe case docketed to No. 99-3943 Civil Term in the Court of Common
.......................................................................................................
Pleas of Cumberland County, Pennsylvania as follows:
.......................................................................................................
Jason D. Isett
.............................................4513:A .Glnden.Avenue...................................
Mechanicsburg, PA 17055.
.......................................................................................................
To .............................................
................................................
Dated: October 26, 1999
Prothonotary
1_ .......................
Q4 ... 4. Snelbaker, Brenneman 6 Spare, P.C.
Attorney for Plaintiff.
Cumberland Valley School District
? mar
't
$51129.00 October ,p S
1999
,
In the installments hereinafter set forth, It the
undersigned Maker, hereby promise to pay to CUMBERLAND VALLEY
SCHOOL DISTRICT ("Payee"), or its assigns, the sum of Five
Thousand One Hundred Twenty-nine and no/100 ($5,129.00) Dollars,
(the "Principal Sum"), without defalcation, value received, in
installments as follows: (a) twenty-five (25) regular and
consecutive monthly installments of Two Hundred and No/100
($200.00) Dollars each on the tenth (10th) day of each and every
calendar month, the first such installment to be due and payable
on November 11, 1999; and (b) one (1) installment of One Hundred
Twenty-nine and No/100 ($129.00) Dollars on the tenth (loth) day
of the next succeeding month after the last installment due under
(a) aforesaid; time being of the essence in all instances. And
further, I do hereby authorize and empower the Prothonotary or
any attorney of any court of record of Pennsylvania or elsewhere
to appear for and enter judgment against me for the above
principal sum, with costs of the action, with or without t?Yt
=r;
declaration or complaint, release of all errors, without stay of
execution, and with fifteen per centum (15%) added for collection
fees in the event of execution; and I also waive the right of t,
be levied u
a
real estate which ma
on to
iti
i
i '
1
p
y
s
on on
ny
nqu •
*X
collect the obligations evidenced by this Note and I voluntarily r,
condemn the same and authorize the Prothonotary to enter said
voluntary condemnation upon any Writ of Execution issued upon the
judgment entered hereon; and I further agree that any property,
real, personal or mixed, may be sold on, through and by any Writ
of Execution issued upon the judgment entered hereon, and further
waive and release all relief from any and all appraisement, stay
or exemption laws of any State now in force or hereafter enacted.
Notwithstanding anything to the contrary hereinabove
provided, no execution on any judgment entered hereon shall be
issued except and only after default in payment of any
installments hereinabove provided. "Default" shall mean failure
to deliver payment to the Payee at its office at 6746 Carlisle
Pike, Mechanicsburg (Silver Spring Township), Cumberland County,
Pennsylvania 17055 on the date thereof ("to deliver" includes
receipt by Payee on said due date), except only when the due date
(10th of the calendar month) falls on Saturday, Sunday or a state
or federal business holiday observed by Payee, in which latter
events said payment shall be delivered (and received) on the next
business day following the said tenth day of the calendar month.
Upon any default as defined above, Payee shall have the
unconditional right to declare the entire unpaid balance of the
Principal Sum due and payable in full, together with interest'
thereon from the date of default at the rate of six per centum
(6%) per annum, and proceed with execution as authorized above.
The affidavit of an official of the Payee averring the default
shall be sufficient to issue a Writ of Execution as authorized
above.
-2-
WAIVER
IN EXECUTING THIS PROMISSORY JUDGMENT NOTE, I DECLARE THAT I
UNDERSTAND THE TRANSACTION, AND KNOWINGLY AND VOLUNTARILY WAIVE
MY RIGHTS TO CONTEST THE ENTRY OF JUDGMENT AGAINST ME ON AND
UNDER SAID NOTE, AND DO HEREBY CONSENT TO THE ENTRY OF JUDGMENT
BY CONFESSION AS ABOVE PROVIDED AND AUTHORIZED.
IN WITNESS WHEREOF, I, the undersigned Maker have hereunto
set my hand and seal the day and year first written above
intending to be legally bound hereby.
WITN SSED
ECG! 't?YxNJ
(SEAL)
JCQYr D. Isett
(SEAL)
(SEAL)
(SEAL)
-3-
EXPLANATION OF RIGHTS
(Full Confession)
A. I clearly and specifically understand that by signing the
above Promissory Judgment Note dated October , 1999 in the
amount of $5,129.00 payable to Cumberland Valley School District
which contains a Confession of Judgment clause:
1. I am authorizing Cumberland Valley School District,
Plaintiff/Creditor to enter a judgment against me in its favor
which will give the Plaintiff a lien upon any real estate which I
may own, including my home and personal residence.
2. I give up the right to any notice or opportunity to be
heard on the entry of said judgment on the record of the court;
3. I agree that Cumberland Valley School District,
Plaintiff/Creditor can enter this judgment without any proof of
non-payment or other default on my part;
4. I will subject all of my property, both personal
property and real estate, to execution (and Sheriff's sale)
pursuant to this judgment, upon proof of default on my part;
5. I will be unable to challenge such judgment, should the
Plaintiff enter it, except by a proceeding to open or strike the
judgment; and that such a proceeding will result in attorney's
fees and costs which I will have to pay.
B. I know and understand that it is the Confession of Judgment
clause in the above-described Promissory Judgment Note which
gives Plaintiff the rights enumerated in sub-paragraphs 1 through
5 of paragraph A above.
IF I DO NOT SIGN THE ABOVE PROMISSORY JUDGMENT NOTE WHICH
CONTAINS A CONFESSION OF JUDGMENT CLAUSE, I UNDERSTAND THAT I
WOULD HAVE THE FOLLOWING:
1. The right to have notice and an opportunity to be heard
prior to judgment;
2. The right to avoid the additional expense of attorney's
fees and costs incident to opening or striking off a confessed
judgment.
C. Fully and completely understanding these rights which I have
prior to signing the above-described Promissory Judgment Note and
clearly aware that these rights will be given up, waived,
relinquished and abandoned if I sign said Note, I nevertheless
freely and voluntarily choose to sign said Note, my intention
being to give up, waive, relinquish and abandon my known rights
(as described in paragraph B above) and subject myself to the
circumstances described in paragraph A above.
WITNESSED BY: I HAVE READ THIS ENTIRE FORM AND
I FULLY UNDERSTAND ITS CONTENTS:
. ft me_
Jason D. Isett
-2-
T
14
LN,
?? G: INCL.. ` r1
U
i
u ,