HomeMy WebLinkAbout07-3227Robert D. Kodak, Esquire
Supreme Court I.D. 18041
KODAK & IMBLUM, P.C.
Post Office Box 11848
407 North Front Street
Harrisburg, PA 17108-1848
717-238-7152 Fax: 717-238-7158
email: robert.kodak@verizon.net
Attorney for Plaintiff
PENNSYLVANIA STATE BANK, IN THE COURT OF COMMON PLEAS
Division of BLC BANK, N.A. :CUMBERLAND COUNTY, PENNSYLVANIA
Plaintiff
v. : No. a7- 327 ~i~~~~~~
SPANKEY'S AUTO SALES, INC. :CIVIL DIVISION -LAW
Defendant :CONFESSED JUDGMENT
CONFESSION OF JUDGMENT
Pursuant to the authority contained in the warrant of authority, a true and correct copy of
which is attached to the Complaint filed in this action, I appear for the Defendant and confess
Judgment in favor of Plaintiff and against Defendant as follows:
Principal Amount Due ............................. .
Interest Amount Due @ 6.250% p!a ................... .
Attorney Collection Fees ................. ~ ... .
TOTAL ............................... ......
Judgment entered as above.
$ 100,000.00
$ 920.84
$ 10,092.08
$ 111.012.92
Hobert 17. Kodak, Esquire
Attorney for Defendant
Prothonotary
PENNSYLVANIA STATE BANK,
Division of BLC BANK, N.A.
Plaintiff
v.
SPANKEY' S AUTO SALES, INC.
Defendant
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
. NO.
CIVIL DIVISION -LAW
CONFESSED JUDGMENT
CONFESSED JUDGMENT COMPLAINT
Plaintiff files this Complaint pursuant to Pa. R.C.P. No. 2951(b) for Confession of Judgment
and avers the following:
1. Plaintiff is Pennsylvania State Bank, a Division of BLC Bank, N.A., a financial
organization duly organized and existing under Federal laws, with its principal office and place of
business at 2148 Market Street, Camp Hill, Cumberland County, Pennsylvania 17013.
2• Defendant, Spankey's Auto Sales, Inc. is a corporation organized and existing under
the laws of the Commonwealth of Pennsylvania, with an office and place of business at 701 East
Locust Street, Mechanicsburg, Cumberland County, Pennsylvania 17055.
F:\USER\BONNIEJO\PSB\CONFJUDG\Spankeys et al\comp spankeys 3070107.wpd:25May07
1
MAY-24-2007 10:59 COMMERCIAL LOAN DOCUMENTA
PROMISSORY NOTE
ANerenees (n cho rhadod area are fw Lenders ueo only and do nol (unit rho appicoh
Arty itrxtt obove contamhA '^.. hat boon omitted d~x+ ro
BOROWCf: Spankey's Auto Sales, Inc, (ylN: 21-5105011) Lender
701 E. locust Street
MechsnlesDUrg, PA 17a68
7177354764 P.002
this aocumenl m any pnrtkular Inrrn ar Rem.
PENNSYLVANIA STATE BANK
West thneverFinaneial Confer
7040 Jonestown Rosa
MsMstwrg, PA 17112~63a
(717) 920•>i600
PNnGpal Amount: $100,000,00 Initial Rate: 6.250°k
PROMISE TO PAV. Date of Noto: July 1g, 2004
Spankey's Auto Salus, Ina ('Horrowsr') promises to pay to PENNSYLVANIA STATE DANK ('lender"), o- oroer, M lawful
money of the tlnlted Stares of AmeHes, On danand, the prlnclpal amount of One Hundred Thousand & 00!100 Dollars (5/00,000.00) er so mach
as may ho outstanding, together oven Interest on the unpaid outuanding prlneipal bahnee of each advance. Interest shag be ealwteted from
11fe dah et each advance until rtrpayment of seen advance.
PAYMENT. Borrower >,vlll pay this loan kllrrteslatcly upon Londer'e demand. Payment In full is due immediately upon Censer's demand,
earower wet Pay regular monthly payments of sl1 accrued unpaid irrtsrost duo as or each payment date, tuglnning August 20, 2pg5; with all
subeoatwnt Mtaeet peymenls to rte due on life same day of seen month after IhaL Unkxs odwrwltw e0rood or rpui-ed Dy spplleable taw,
payments wet be oPPlltrd first to any accrued unpaid interest; than to txlndpal; then to any unpald~telketlon costs• and than ro any fete
~-Q ~7ne annual Interes! talc for tf>Is Noto b computes on a aE6rJa0 t>:aki that Is, by applybty rho retie of fns annual Interest hie over a
Borrower wul~ay L~Itl~ed bender's addrassgsh „own above or~at such%atftbn by 1ne aetu~ numtxr of days the princlpat balance Is outstanding.
VAWABLE INTEREST RATE. The hterest rem on this Note • PIaGe ~ Condor may doeJ9nato In wrtpng.
G subject to change nom time m ume based en changes in an kdax which la tea
Penne)Manla Stale Battles Base Lendin0 Rare (tee '{rtdaz~ The Index fs not nocosrarly Pte lowest rate c
Candor in ib sale dlecretbn. If rho index txieorrter tatevaiaDb du-ktg pis teen o1 this keen, Lender ma de~°d by Lender on tts loans and is sot by
9orrowpr, Lender wit tetl Borrower dto ewranl Index rate upon Btxrowere regtbeL The htcrntt rate chvipo wt~naa occurr moreeeften than each r any.
Borrower undsntnds thctt Lender may make loans eased on othor rates as well. The Index currentry is 6.2so',6 par annum. The Inrorost rate to be
oppifod to too unpaid prlneipal Detente of His Note w111 De at a rate of 1,000 Pc-crntayo point over the Index, resutting in an Initial rah of
6.25076 per annum. NOTICE: Under no elrcutrlstaneos wilt lho inrorat rate on tole Note be more man Ih0 nxrximtxn rata alkrwad M rtpolcable law.
PREpAYli1ENT; MINIMUM INTEgE3T r7WRGE In any event. even upon tuN prepayment of ltdr Noy, Borrower undet3tertds that Lender b enGUed
to a minlmtan interest charge of 57.50. Ocher than Borrowers oWlgattipn to pay rtny miNmum htareet merge, Renewer may pay wiNtaW Porlalty ~ or
a Portion of the amount owes ~yn~ta ofdttcc u~ uE~, DnYmenta wp not. unbs:r afpood ro by Lender h wrltlng, raNeve Borrower of eanoworr
rot ro ~~ to "wk• nPeb afore :r, Rather, easy PaYmsnta wtli reduce mo
peymonte marked 'paid in fulP, 'wittrout rewwae', or sfmWtr lan0ua06. If borrower sense ~ s bntanco duw Borrower agrees
without Ip3irtD any of Lenders rlghte under Nls Note, and Borrower wtl remain oDl letl MYment, t.ander,nny tlccept k
corrvrwUtaUons eor~eeming dsPueod nmourta, Ntcltxiing any cttoek a other ~ b PeY any fanner Dmount owed is Lender. A0 Wliurrn
!n Itril` Of the amovx owes or that N tendered wRh other condhlona or 1imRatlons orh~s~ -Jlnsa~~ yprt ~ dbp~ ~unt~mu~bp rr~~i~ «t
detlveres to PoMSytv~nia Shoe Bank, 2146 tNefkat ;trod, P.O. Box 4F17 Camp HW, AA 17001-Qa87,
LATE CHARGE. It a regularly echetlufra hfArwt payment b 15 deye or more taro, Borrower wIU be clanged 10.00096 st the regularly schodubd
peyntertt or 160.00, whlchovo- h 0reater, h Laxter dOmanck payment of fhte roan, end borrower door not pay the loch h full wltnin 16 says after
Larder's demand, Borrower else will taZ charged ehtter 10.000% of the sum of the txtpal0 printipai plus accrued unty;d Intoroet or SSO.l10,
whlehsver @ grmler.
INTEREST AFTER DEFAULT. Upon dehun, lnptrdirlQ Wiure to pay upon peal rrmwrlty, rho loml sum due urtoer t1Ue Nona wul tzar htorest from the
date of acceleretlan a melurity at rtes variable htereat ram on this Hole. The imereat tats wMl not exceed rho m,-tx;rnun core permitted
DEFAULT, Each of the foNtxNhg anal) eonatitulo an event of default ("Event M DolaUt') under rho Notes ~ eppikabla bw.
PaYmont Dohult. Borrower taus w n'a1k0 any txtyrrten[ when sue unaor this Moto,
Omer Dehutts. I7orrowor Pais m comply wife or m PonNm any other lean, obNgetbn, covenant or oondR;on contained in fhb Notes or h any of
the related docttmonts or to camdY with a ro perftxm arN term, obllgatlon, covorwnt or candhlon oontarles In any other agrormont txmveen
Ladw and Borrower.
orethe rrUatea dootyne~te ~ manly, repreeenmrbn or smtemonl made or famished to Lander Dy eorwwor or on BOn'owcra behalf under fhb Note
6c or mGloadin9 In any material reepeel, Nlhor rtOw or at the time rttnde or lumbned or txiemtee false or misbidin0
al eery limo theroeRer.
Inaohrertey. Tho dlsrotution or lormirwtion of Borrowers exleteneo err a poin0 business, the heaNency d i9onower, ttw appointmerx of a rocoivor
la anY port d Borrowers property. any assigrtncent for the brxre0t of eremmre, anY tYPa of sednor workout, or the oommertcentern of any
proeeaalttg antler any bankruptcy or irtsobency laws by a agakrl eenowor,
CredJter or Forfekuro Procoedinga. CdYlmerttentOm Ot rorocbruro or forfeiture ' OC
repssaeenlon or any otna- method, DY any orodnor d Borrower a b W wheftvx by iudwiai pooa+ditp, self-flab,
hokdas a t7amisfxrynt of any of Borrowers sacocnls, indutl' Y e"Y gavummonia( agency rtpairwt,any collaoerel aetxtrhp tea ken. T1Ys
mere to a good faith tllcputo by 8ortowel as to the vat or ~ deposit aocounta, wllh Lender. tlowovsr, this iiivont of Default shot rat apply ll
and M Borrswer groea Lender wriMCn ~Y roasanaDbnoss of rho dnhl whkVt b the Deets of chs creditor or 1oAeduro Pracooding
txodtor or forfeiture roceedl h an r1Otl~ of the ereoltor a foAelntre Preoootfx+p and depoolts whh Lender mantes or a eatery Dantl for p+C
P hB. mount dotcxrrtinetl by Lender, h hs sole dlecro' z
Evenh AHeetfrtg Grrahntor, ~ S bOin~ an adsattnro reserve or bond lathe dispute.
a
b°r',an+ets ktcompeten[, w revoke o- aleput~oe phwg ~l;~d, a~~a wfp, r~poct to arty Guaranoor of any of the lnaebtedneaa err any Guerenmr aloe
event of a dw1p+, Lender, et la option, may, bur rhoN riot ~ ' or lipbiliry under, any puaranly of the kxioblodness Ovidonecy by thLc Nose, In the
arising under Iho ~ranty In a tnenner aepefaeto to required to, permk the Cuarttntor's wwto to ttssumo urtoorttlhbrwlry pie obUgapona ,
rY (Felder, and, ~ doirp so, cure arty Cvent o1 Default
Chant's In OwnerahiP. Any cMngo h owncnh;p e! t..rnlyrNa peroom (25',6) or more of me corttmon ettx9t of Borrower.
AdVeree Change. A material advo,-.e chan0a occurs In 8onowors tkwnoiai condition, or I,ot~x believes ttw proapaat of payment or
Podomwnce of thb Note b fmpelred.
Irtsocvrlty. Lender In pool calm bonovos lsdl inrature,
Cme ProWSfons. p any dMaul(, other plan a defhult h payment Ia cwable and It Cionowor has not boon Given a notice of a breach of the same
provlsbn of th4s Nae whhln the precoshg nveNe (1~ n+Onar, ;t n+ay bo cured H Borrower, ever reeeNing wnaen nonce from Lender dcxrwn6ng
ems of such aeteull: (1) oures the default whftkrflheen (15) days: or ('~ i1 !hc taro rnquirw mono Uwe Rhaen (1~ days, Imnedtateiy InMe'tea
stops whk:h Lender Oeema In Lenders sole dikrplipn ro ba ruffk:lent m cure the default and thareenm teal"xtua.• and aorrpiolr.. all rearerWbie
and ncc0rsary slept aufflciem ro produce camplle-tea as soon as rcrrsonably praaiwL
'LENDER'S AIOttTS. Upon default, Lender may, shot QivinO stx:h ttodcee ore requkotl by apWk:adc law, declare rho enGrc uryanvJ prinoipal byance on
atis Ndo and ail accrued unpakl interest Irnmedtetery duo, and yen Doratowor wit ppy rhit amount.
ATTORNEy$• PEES: ~£ ~~ tender Ry hl~r P+Y somacrto oleo to help collect this Note If Borrower does nor pay. ltorrowx WII pay Lender
inert amount TIUe Intl Y
kewruR, itcludirp anomeys' fees. expenses to bankty aDPlk:able ~' Lender's attomoys' toes and Lenders topyt expensa•, wheuWr o< not dwro kc a
epoeale. p not proNblled by aPPliaabla I.,w, 9 PyY Pnxeeedinps (ndttdin0 efforLV to modNy or vtiCete any atxomedc stay or hJunctbn), end
orrowgr also wIN pay erly CoUR coatr, In adtllGOn to aA other sums providcel by law.
GOVEANtNG LAW. This Note will be yovtrnod by, co-Ktrues and Mlolced In atEerdante with fedoras law and she laws or the Commonwealth
of Pehnsylvanta. Tltls Netenas been weep
DNJHONOgED ITEM ~ of Pennsylvania.
FEE. Borrower w1N ~ woe rnokea e
prosulha¢ed chDrgo with which Borrower pa payment on Bonowa's ban entl Pte check or
RIGHT OF SETOFF. To tea extent pe
chrakirq, ravintx, or tome other account). aright of setcif in aN Borrowers accounts with Lender (whetlter
the future. However, true noes not hcitrao JolnUy with .someone else. and aN atxountr Borrower may open in
aulhorhea Lander, to ate extant Parrnipcd DY accounts for wflteh aetofl wows De prontbnad by law. tiorraver
PROPERTY INSURANCE. Borrowia antlers ~ . OwInO on the Intleblednaee aGelnet any end dl auclt eecouMa.
~tnanCA for the cdint°ral reCUrinrJ tab Note. fanner inlrJrrnargn
10:59 COMMERCIAL LOAN DOCUMENTA 7177354764 P.003
PROMISSORY NOTE
Loan No_SSOOt92-Ot (Continued)
- - _ Payc 2
concerning thb regUrrgrl'Wrtt is At form In the tdortaee~
UNE OF CREDfT. This NOIr. ovldenCes a revolving Iric d credh. AQVeneoe under tMs Note rneY ~ r'epr-oGted orelry by DonGwor or u prtyvlded in
thla.paregrnpn. Lander mtty, btrt neat net, roQGire that alt oral rcquesr„ ba conNrttgd in writing. AN conrtunieatioro, Imttucuons, or d>-oceiorts
tokphona or odterwlee to Lender stn to be dYectdd to Lendw~s olNce shown abevo. The ktuowYtq Pur"„or, eurrendy Ia ardhorixad to reVUeet advarlcr
and audtorizo P+rYr~+t;•' under the Ilse a crcdil tmti Lender recoNee from Harower, et Lendgr'g addraee shown aLsrvy wripart ~~ of rovecatbn of
his ar hot authorlry: Donald 8. Leygott, P-eeldent el SpankoYa Auto Ssles, Ina.
aeodrdence with the in.vur;tbna Df en suthpriaod per'aan Or (B) aodted to d BerrO ~eee b be liable for aN 3Urne eWfsr: ~) AdVanCOd h
owi+p on thb Note at any lima may be evkleneed by endersementa on mle Notanyo or by lentiarsant~t~xe. h ~~ urfped prir+cgal bahutce
Ltmder vn'Y lava no obllgatbn to edvanec Ivnda under tltls Note il: (A) Ltorrovver or g a~ W P-mt-~+~•
egreartRm pUl Borrower or any gumm~tq has with Lender, Indudln 1n e^Y pvarnnoor N h default under the tsmw o/ thl, Noto or troy
arty guamnlor oaa:res dohg busulos¢ d 4 insefv g Y °9f°a^ant rr~yp it correction wlm trio Signing of this N010; (B) Borrower or
puarantse of sus Nob or , ant (~ a^J' gwrarttor seeks, aatms or otherwise attempts to lima, rrlodly or revoke such Ixterantor's
~~~ by ~~ or vttr other loan wilh Lender; (D) Barowcr Rls apples tunas provided Pttrauant to IhiS Noro for Durpoaer othw Ihin those
(E) Lnntinr in good tram bepeve-. ,t-ot(lnaxure.
DEFAULT INTEREST RATE In pro evtrtt of default for which Lender dose not accdorate pre loan, ktdudinp rho radars of Dorrower to provide the
~rtartcld aretetnents as /oauirod hereunder or under rho Loan
efld Eton rroUCe of such default r+nd and fit' pw ~~de fftrere~ rate on the Loan, for a period beglrWnp mreo (3) ~Ye
CJO) days or •e!tl dateuh and Increttee an a~ddG~onil «,e nnq of ..oid named dMauh, shah horeaes oar quaver of one Percent (,~,~,) for the tlntl thirty
notleed default continues, to a maximum cei' quarter a one PMCarlt (~ c%J during oaah tMny (3p) daY period rhweaner durirtp whCh the
balaneo of rho Lone. V rr'p rate of alphteen perennr (tA9G). .rush derauk Interest rata -hll appy to t11e outswnding prVfdlpN
On the date on welch tlelpsWlSM ~~ of rho notk:ed rbraulL thoa,tryrpt rate on rho lain shs4 revert l0 pro InMoUY aipreed-upon irnorast rats eltaetivc
BANKING RELATiONSMIP, You shall maintain ye„r pr~ry Deposit aeeourst relatlonehtp with Ptxu>,yNenla SLxlo Hart(.
ADVANCES. Advarrcea on the Loan will be made at borrOwors instructbn In a rninlrnum amount a 5500.00 end proceeds of such advarteos wil be
depOBllccl inb a ohodtlrtp account !o be ostgWbhed at Pervtsylvar>ia State Bank Radualiorts of the Lawn hltlance rosy be ~npibhed ~ barraYVePr,
vorbol Inattilcdona auUlOrinnp the above ect:ot.n b bo oharped arW apples b me Loan helenc,o.
ANNUAL REVIEW. The Loan commitment Nell Qxpire one year roan rho date that me Nora b oxectAed. Tho Dart wIN review tIW loan annualy for
renewab and ewenakme: such renwvab ettd Bl[IMSiOns to be granted predicated on the P~munce of me canpany ond/or IndNldueh and
edheronee t0 rho Loon nyeemeru and/or loan pdk:y.
SUCCESSOR INTERESTS. The lomrs of thb Nao snail hn I>indlnp upon Horrewer, and upon aOr/owe ~ helre, pereonei ropreaeraaWee, suecas;.oB
and aaalpna, end tthall inure to the beneat of Candor and ha auoceseore and asalprta.
~ Tdb U9 OF INACCURATE INFORMATION ~RmEPO ~ CONSUL A qo~ tl~~AOENCIES. Please oddly ue n we report nth, Inaocursro
rnfonnerien abgn your eccount(e) ro a cur„urrte- r
wlrp addreee:l'l7dN.+YLVANIA BTATE BANK 2t41t fdarxet Sireel P.O. Box 487 Camp Ngill, Pq ,7~pp,~" ~ C1118L~yr(ir) `~qd oe sent to us ,r
GENERAL PROVISIONS. Thb Note M PaYablo an domortd. Toe Intlusipn of apecple default Provlskx>s a rights o/ Londw ertell net produde Lenders
right to dedam poymenr of ibis No1C on its demand. Calder mtiy delay or torgo onforcinp any of ps riph0 or rernedba under this Note without lOSinp
them. Bonavor and any other person whe ~qnr putuarrtees or or+dorsea this Noto. to rho extent albw~d by law, wedve prNOnrrttertt, demand far
FaYntenl and oldies of dishanpr, Upon any ctfarigo in the terms of INS NdC, And ttnleea otherwise ox0-aeely staled in wricnp, no party who signs thh
Nae, whNhor as maker, guarantor, accommodation maker or vndoraer, shag bo rolea„ed Irom Ilebely. All such pertbs apron that Lender maY rwrtew
~' (scwar~rytlr~reat n t~l~o ~yl~walmand.t~ake the kiln or relmsn a^Y parry or puan,nter p cpltaterel: a impair fall to raeli~o uD~on or perlxt
partied also agree that Condor n1a mOr9 this loan ~ ether Talton deemetl necessary by L.enaor wilrl0yt the consent of or notie6 ro anydte. All such
The ohlipations larder fob Noto are ' ~ ry M~NotR the consent of or notlce to anyone orttor then the perry with whom me atodifq.7tbl1 b made.
oMoroeenNiry al any other prwlslona off tNa Noeveral. Ir any pomon d mla Noto Is for any reason tlnan,hr~ to pe tnoyoroe~ylo, h w1l nor afrcpr the
CONFESSION OF JUDGMENT, $ORROWER HCRE6Y IRREVOCABLY AUTFIOq~g AND EMPOWERS ANY ATTORNEY OR THC PROTHONOTAAV
OR CLERK CF qNV COURT IN THE COaMAONWEALTH OF PCNNSyLygNl~ Oq Q-SEWHERE, TO APPEAq AT ANY TIME FOR BORROWER AFTER
A DEFAULT UNDER THIS NOTE AND WITH op W-THOUT COMPLAWT FILED, CONFESS Oq ENTER JuDGM[Nr AGAINST BOR'ROwEq FOR THE
ENTIRE PRINCIPAL BALANCE OP THIS NOTE AND ALL ACCRUED INTEREST, LATE CHARCEv AND ANY AND ALL AMOUNTS EXPENDLD OR
ADVANCED BY LENDER RELATINQ TO ANY COU1lTERAL SECURING THIS NOTE, TOGETHER WITH COSTS OF SUR, AND AN g1TOAN~„
COMMISSION OFTEN PERCENT (t 0',{.) OF THE UNPAID PRUJCIpgL 9ALANCE qND ACCRUm INTEREST FOR COU.EGTION, BUT IN ANY EVENT
NOT LESS THAN FIVE HUNDRED DOLLARS (~ ON WHICH JUDGMENT OR JUDpMENTg ONE oa MORE Dct=_c[mONS MAY rS~IE
IMMED(ATCLY; ANO FOH SO DOING, THIS NOTE OR A COPY OF THIS NOTE VEgIFIFD BY AFFIDAVIT SHAH BE SUFFICIENy' WApRANT. THE
AUTHORITY pRANTED IN THIS NOTE TO CONFESS JUDGMENT AGAINST gOAROyyER SHALL NOT BE EXHAUSTED 9Y AMY E)tEACISa" OF THAT
ALITHORrtY, DUT SHAM CONTINU[ FROM TIME TO TIME AND AT qLL TIMES UNTIL PAYMENT IN FULL OF ALL AMOUNTS DUE UNDEfi THIS
NOTE. BORROWER HEpEBY wgivES ANV RIGHT BORROWER M,qy Hnvr TO NOTICE OR TO A HEARING IN CONNECTION WtTM ANv
CONFES ;iota OF JUDGMENT AND STATES 7HgT EtTHEn A pEPp~TATIVE OF LENDER 3PECrr-IrrALLY CALLED THIg CONFE6310N OF
JUDC,Mf,NT PROVISION TO OOgROWER'8 ATTENTION Oq BORROWER MA$ 9EEN REPRESENTED BY INDEPEND[NT LEGAL COUNSEL,
PRIOR TO SIGNING TIiIS plp~ gOpR01NER READ ANO UNDERSTOOD ALL THE PROVISIONS OF THIS NOTE, INCLUDING THE VARIABLE
IN>FREST RATE PROVLStpIIS, BORAOWEq aGREES 70 THE TERMS OF THE NOTE.
BORROWER ACKNOWLEDGES RECEIPT OF p CpMp~~ COPY OF THI9 PROMISgOgy NOTE
THIS NOTE IS GIVEN UNDER SEAL gllp R Ig INTENDED THAT THIS NOTE IS AND SFtALL CONSTITUTE AND MAV$ THE EFFECT OF A
SEALED INSTRUMENT ACCORDING TO LAW.
90RROWER:
pµSPANKEY'S AUTO BALES, INC.
d~-Cepyett. - nt..,:~ .. ~ ::(Seal)
Salae, Ina. PMkey'a Auto
LENDER:
pENNSVLV/lN STATE RANI(
w
u~i Corked S gnn~
-- war.i:..,..,,.~ ~rrr ..- rrY+Irwwerrti.,. ~......~ .. -
'"q"^w•..a •Y. rw~.wror KyMq rp.~ n.ow..e .•••
s.v:ar ~~~~Yl~ Y
f, t; , r
Next Qtspiay
Maintainable Field
SAANfEYS fltJ%0 SELF
Balance Data._~
.___,._,.,..,..,, ~.w~u~ner uala
, Y5 AUTO. SRt.ES IMC
a Note amount It3D,090,09 791 E LOr~1ST STREET
Principal balance. 18B 609.00 ~t;}#p1ICS8URG E'R 17955
Interest balance 428, gq
P/O 5-25-87 199,429'.64
.Avail far disb .89 Contact/Title
' Interest Data Tax 10 21-5i65t711
Intrate P+ 1.8609 `9.7506 Home phone E>f]- ~-~
Daifyintfector
~ 27,pg3~ Business phone 7U- 737-7777
interestpaidYT•D 3,277.08 ~ C?fficer ~ ~~ >
_--____-.~-~ Dates Next Payment Data- ----^-~..,.....
Note date
'7-16-BA Next due date 5-2t-07
Last renewed ,Next pmt amount 812.50
Maturity date Total past due amt 612.59
Lest active 5-O4-a7 -- Sold Data
Lastpaid instaJfinent 4-21-67 .Percentage sold
lnteresi paid-to deter ~ 4-16-B7
T '~
otal sold .~
--5/25,r20Q7 ~ QPAOEU083F ^ LMBAOOME ~ ~- (3546}"~- t 50-0795 1 ~-~ i'____.-_..__._-v.._ ,~
~4:08:34 PM
VERIFICATION
I, DAVID W. PREVOST, Vice-President/Special Assets Officer, of PENNSYLVANIA
STATE BANK, Division of BLC BANK, N.A., verify that the statements made in the aforegoing
document are true and correct. I understand that false statements herein are made subject to the
penalties of 18 Pa. C. S. §4904, relating to unsworn falsification to authorities.
PENNSYLVANIA STATE BANK,
Division of BLC BA , N.A.
V,
David W. Prevost
Vice-President/Special Assets Officer
Dated: o~ ]`v 0?
z
N t~
~ ~
e -
V
O
-to
R~
v
d
~~
C7
-vcxx
~;tr~
L. _i Y
r_
~T t~- .i
Y /_..
r.a
O
Q
--./
'~
W
^~
[ Y
c5
t -~
TT~
rV
JJ~ ~'
~~
"'~~ ~~
PENNSYLVANIA STATE BANK,
Division of BLC BANK, N.A.
Plaintiff
v.
SPANKEY'S AUTO SALES,INC
Defendant
1N THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
NO. ~7^ 3~~7 C..lc~c ~,
• ~L'h-~
CIVIL DIVISION -LAW
CONFESSED JUDGMENT
PLAINTIFF'S AFFIDAVIT/AVERMENT
CONFESSION OF JUDGMENT FOR MONEY
(x) Pursuant to Pa. R.C.P. No. 2951(1)(2)(ii), Icertify that this judgment is not being
entered by confession against a natural person in connection with a consumer credit
transaction.
(a) A consumer credit transaction means a credit transaction in which the party
to whom credit is offered or extended is a natural person and the money,
property or services which are the subject of the transaction are primarily for
personal, family or household purposes.
CONFESSION OF JUDGMENT FOR CONFESSION OF REAL PROPERTY
() Pursuant to Pa. R.C.P. No. 2971(1)(1), I certify that this judgment is not being
entered against a natural person in connection with a residential lease.
The above certification is made subject to the penalties of 18 P . .
falsification to authorities. 4904 relating to unsworn
Dated:_ Mav 25 2007
Robert D. Kodak, Esquire
Attorney for Plaintiff
I.D. No. 18041
Address: Kodak & Imblum, P.C.
407 North Front Street
Post Office Box 11848
Harrisburg, PA 17108-1848
(717) 238-7152 Fax: (717) 238-7158
rya
~
i
m "
~ ~- ~~
.x, -.c
cn ~-
~~ o J,~
€`
,;
-v `x ~~
-
~ c
~
te
~, ~ rv -a
c,a
PENNSYLVANIA STATE BANK, IN THE COURT OF COMMON PLEAS
Division of BLC BANK, N.A. :CUMBERLAND COUNTY, PENNSYLVANIA
Plaintiff
l-tu~~,
SPANKEY'S AUTO SALES INC. 4 1.
.CIVIL DIVISION -LAW
Defendant :CONFESSED JUDGMENT
NOTICE UNDER RULE 2958.1 OF JUDGMENT AND EXECUTION THEREON
NOTICE OF DEFENDANT'S RIGHTS
TO: SPANKEY'S AUTO SALES, INC., DEFENDANT
A Judgment in the amount of $111,012.92 has been entered against you and in favor of Plaintiff
without a prior notice or hearing based on a Confession of Judgment contained in a written agreement or
other paper allegedly signed by you. The Sheriff may take your money or other property to pay the Judgment
at any time after thirty (30) days after the date on which this notice is served on you.
You may have legal rights to defeat the Judgment or to prevent your money or property from being
taken. YOU MUST FILE A PETITION SEEKING RELIEF FROM THE JUDGMENT AND PRESENT
IT TO A JUDGE WITHIN THIRTY (30) DAYS AFTER THE DATE ON WHICH THIS NOTICE IS
SERVED ON YOU OR YOU MAY LOSE YOUR RIGHTS.
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE
A LAWYER, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW. THIS OFFICE CAN
PROVIDE YOU WITH INFORMATION ABOUT HIRING A LAWYER.
IF YOU CANNOT AFFORD TO HIRE A LAWYER, THIS OFFICE MAY BE ABLE TO
PROVIDE YOU WITH INFORMATION ABOUT AGENCIES THAT MAY OFFER LEGAL SERVICES
TO ELIGIBLE PERSONS AT A REDUCE FEE OR NOT FEE.
CUMBERLAND COUNTY BAR ASSOCIATION
TWO LIBERTY AVENUE
CARLISLE PA 17013
(717) 249-3166
ROBERT D. KODAK, ESQUIRE
POST OFFICE BOX 11848
HARRISBURG, PA 17108-1848
(717) 238-7152
ATTORNEY FOR PLAINTIFF
t'1 +~
~,
t,~
r: ~ ~--+
~
3,,,.
,~ ~--
~ ~
~ ca
1 ~•
~- i,...
_
~ ~
~i i
'
~ tV ~ ~
~'
~ ~p-a-i,
C
7
PENNSYLVANIA STATE BANK,
Division of BLC BANK, N.A.
Plaintiff
v.
SPANKEY'S AUTO SALES, INC.
Defendant
IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
NO. ~7- ~ ~, 27 (... t v~(. ~2h'l
CIVIL DIVISION -LAW
CONFESSED JUDGMENT
TO: SPANKEY'S AUTO SALES, INC., Defendant
You are hereby notified that on , 2007, Judgment by confession was entered
against you in the sum of $111,012.92 in the above-capt' ned case.
DATE: ~ 2007
Prot onotary
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU D NOT
HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE
SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP.
I hereby certify that the following is the address of the Defendant(s) stated in the Certificate of
Residence:
701 EAST LOCUST STREET
MECHANICSBURG, PA 17055
obert D. Kodak, Attorney for Plaintiff
CUMBERLAND COUNTY BAR ASSOCIATION
TWO LIBERTY AVENUE
CARLISLE PA 17013
(717) 249-3166
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
CIVIL DIVISION
PENNSYLVANIA STATE BANK,
Division of BLC BANK, N.A., now by merger
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
v.
SPANKEY'S AUTO SALES, INC.,
Defendants
N0.2007-3227
• c-a ~
~, ~
°~
~~
~ --~
~
~. ~ ~ c~
• .~
. .~; ~ --a c~
~ -n
-., c-. f ~,,,
~ ~ -:-3
~ c? r.
.
.
.~~.
CIVIL ACTION -LAW~k
~-~ ~~
:"'
PARTIAL RELEASE OF JUDGMENT LIEN
WHEREAS, on May 30, 2007, Judgment was entered in favor of Plaintiff and against
Defendants in the Court of Common Pleas of Cumberland County at No. 2007-3227; and
WHEREAS, Defendants own an interest in that certain real property known as 603 East
Locust Street, 601, 602, 701 and 705 East Locust Street and 607 East Locust Street, Hampden
Township, Cumberland County, Pennsylvania, as more particularly described on Exhibit "A"
attached hereto and made a part hereof (the "Property"); and
WHEREAS, the Defendants have requested the Plaintiff to release the Property from the
lien of the Judgment, which Property constitutes a portion, but not all, of the Property that is
subject to the lien of the Judgment.
NOW, THEREFORE, for good and valuable consideration, the receipt of which is
hereby acknowledged, and intending to be legally bound, Plaintiff, PNC Bank, National
Association, for itself and its successors and assigns, agrees that it will not attach or levy upon,
sell or dispose of, or claim or demand the Property as a result of the Judgment, and further
releases the lien of the Judgment only on the Property; provided, however, that neither this
Partial Release nor anything herein contained invalidates, diminishes, alters, or otherwise affects
the Judgment or the lien or security of the Judgment upon or against any other property of
Defendants or either of them in Cumberland County, Pennsylvania, or elsewhere; and provided
further that neither this Partial Release nor anything contained herein is or should be construed to
be or to evidence satisfaction or discharge of the debt of the Defendants to the Plaintiff, PNC
Bank, National Association.
~,~~`)
~,N~k~ asa-~
IN WITNESS WHEREOF, the Undersigned executed this Partial Release this ~ ~( day
of October, 2010.
PNC BANK, NATIONAL ASSOCIATION
By: L--
i~irett A. Bertoli
Vice President
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF LANCASTER
SS..
On this, the ~ day of October, 2010, before me, the undersigned officer, personally
appeared Brett A. Bertoli, who acknowledged himself to be the Vice President of PNC Bank,
National Association, who being authorized to do so, executed the foregoing instrument for the
purposes therein contained as such officer.
IN WITNESS WHEREOF, I hereunto set my hand and notarial seal the day and year
aforesaid.
Notary Public
My Commission Expires:/~/~~~a--
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Connie Bixler, Notary Public
iNanheim Twp., Lancaster County
MY Commission Expiros Jan. 31, 2012
AAember, Pennsyivanla Assoctatfon of Notaries
EXHIBIT "A"
Tract No. 1
The property known as 607 East Locust Street, Lots 36 through 41, identified as Tax Parcel Nos.
10-23-0563-010 and 10-23-0563-011, located in Hampden Township, Cumberland County,
Pennsylvania.
BEING THE SAME PREMISES which were granted and conveyed to Spankey's Auto Sales,
Inc., Mortgagor herein, by Deed dated October 3, 1985, and recorded in the Office of the
Recorder of Deeds for Cumberland County, Pennsylvania, on October 16, 1985, in Record Book
31N, page 774.
~' ~
Tract No. 2
The property known as 603 East Locust Street, Northeast corner of Locust and Norway Streets
Lots 43 through 45, and Northern line of Locust Street Lot 42, identified as Tax Parcel No. 10-
23-0563-009, located in Hampden Township, Cumberland County, Pennsylvania.
BEING THE SAME PREMISES which were granted and conveyed to Spankey's Auto Sales,
Inc., Mortgagor herein, by Deed dated February 5, 1985, and recorded in the Office of the
Recorder of Deeds for Cumberland County, Pennsylvania, on February 6, 1,985, in Record Book
31 C, page 507.
Tract No. 3
The property known as 601, 602, 701 and 705 East Locust Street, identified as Lots 25 through
35, Tax Parcel No. 10-23-0563-012, located in Hampden Township, Cumberland County,
Pennsylvania.
BEING THE SAME PREMISES which were granted and conveyed to Spankey's Auto Sales,
Inc., Mortgagor herein, by Deed dated October 31, 1984, and recorded in the Office of the
Recorder of Deeds for Cumberland County, Pennsylvania, on November 16, 1985, in Record
Book 30Z, page 482.