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HomeMy WebLinkAbout04-2162IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA O&P Partnership t 217 Frederic~ Stree Hanover, PA 17331 vs. David J. Raudabaughand JoyceA. Raudahaugh, husband andwife 60 Sunnyside Drive Carlisle, PA 17013 $ 22,500.00 JUDGMENT NOTE Date: For value received, We, David J. Randabaugh and Jovce A. Raudabaugh, husband and wife promise to pay to the order of ShiDD Partners , the sum of $22,500.00, without offset, as follows: no interest for the first six (6) months from the date hereof or until the first half of the duplex is sold, whichever shall occur first; after six (6) months from the date hereof or upon settlement of the first half of the duplex, whichever shall occur first, interest shall begin at seven (7%) percent Der annum per month: should the first half of the duplex sell within the first six (6) months $11,250.00 shall be due at the time of settlement; within one (1) year from the date hereof or upon settlement of the second half of the duplex, whichever shall occur first, the remaining principal balance shall be due and owing. THIS NOTE IS LIMITED TO THIS PURCHASE OF LOT 5 AND LOT 6, LARCH DRIVE ONLY. And further, We, David J. Raudabaueh and Joyce A. Raudabaueh, husband and wife, do hereby waive and dispense with the benefit of any law of the State of Pennsylvania exempting any real or personal property from levy and sale on execution. And further do empower the Prothonotary or any Attorney of any Court of Record of Permsylvania to appear for them and confess judgment against me (us) in favor of O & P Partnership for the above sum, with costs of suit and release of all errors and without stay of execution. And further, We, David J. Raudabau~h and Joyce A. Raudabaugh, husband and wife, do agree that should a writ of execution be issued on a judgment entered on this note, that all its real estate may be sold on the same without inquisition and condemnation being held or any other writ from court for that purpose; and We, David J. Raudabangh and Joyce A. Raudabangh, husband and wife, do agree in case of default of payment at maturity to pay an additional fifteen per cent (15%) for Attorney fees in the collection of this note. David J. Raudabaugl~ Joy~e A. Raud~baugh Y IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA O&P Partnership 217 Frederic~ Street Hanover, PA 17331 VS. David J. Raudabanghand JoyceA. Raud~baugh, husband andwife 60 Sunnyside Drive Carlisle, PA 17013 $ 22,500.00 JUDGMENT NOTE Date: For value received, We, David J. Raudabaugh and Jo¥ce A. Raudabauuh, husband and wife promise to pay to the order of Shipp Partners , the sum of $22,500.00, without offset, as follows: no interest for the first six (6~ months from the date hereof or until the first half of the duplex is sold, whichever shall occur first; after six (6) months from the date hereof or upon settlement of the first half of the duplex, whichever shall occur first, interest shall begin at seven (7%) pement per annum per month; should the first half of the duplex sell within the first six (6) months $11,250.00 shall be due at the time of settlement; within one (I) year from the date hereof or upon settlement of the second half of the duplex, whichever shall occur first, the remaining principal balance bhall be due and owing. THIS NOTE IS LIMITED TO THIS PURCHASE OF LOT 5 AND LOT 6, LARCH DRIVE ONLY. ~ And further, We, David J. Raudabangh and Joyce A. Raudabau~iliusb~d a~/ife, do hereby waive and dispense with the benefit of any law of the State of Pe~Ylvan?-t~ ex~g any real or personal property from lew and sale on execution, And ~'do ~po~e Prothonotary or any Attorney of any Court of Record of Pennsylvania to ~j~Pear ~ thud in favor of O & V PartnersNp for the.,a~¢ sur~wi~sts confess judgment against (us) me of suit and release of all errors and without stay of execution. 5~ ~ ~ And further, We, David J. Raudahaugh and $o¥ce A. Raudabaugh, husband and wife, do agree that should a writ of execution be issued on a judgment entered on this note, that all its real estate may be sold on the same without inquisition and condemnation being held or any other writ from court for that purpose; and We, David $. Randabaugh and Joyce A. Raudabaugh, husband and wife, do agree in case of default of payment at maturity to pay an additional fifteen per cent (15%) for Attorney fees in the collection of this note. O&P PARTNERSHIP V. DAVID J. RAUDABAUGH and JOYCE A. RAUDABAUGH 1N THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No. 04-2162 C][VIL JUDGMENT NOTE PRAECIPE TO THE PROTHONOTARY OF CUMBERLAND COUNTY: Please mark the judgment in the above captioned case satisfied and issue a certificate reflecting the same. Car~ ~.. Risch, Esquire I.D. Number 75901 Ten East High Street Carlisle, PA 17013-3093 (717) 243-3341 & OTTO Attorneys for Defendants Date: June 11, 2004 CERTIFICATE OF SERVICE I, Laura K. Marovich, an authorized agent for Martson Deardorff Williams & Otto, hereby certi£y that a copy of the foregoing Praecipe was served this date by depositing same in the Post Office at Carlisle, PA, first class mail, postage prepaid, addressed as follows: O&P Partnership 217 Frederick Street Hanover, PA 17331 Mr. and Mrs. David J. Raudabaugh 60 Sunnyside Drive Carlisle, PA 17013 MARTSON DEARI)ORFF WILLIAMS & OTTO IJaura K. Marovi~h { Ten East High Street Carlisle, PA 17013 (717) 243-3341 Dated: June 11, 2004