HomeMy WebLinkAbout01-2314PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
: iN THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION - LAW
: CONFESSION OF JUDGMENT
CONFESSION OF JUDGMENT
Pursuant to the authority contained in the warrant of attorney, the original or a copy of
which is attached to the complaint filed in this action, I appear for the Defendant atld confess
judgment in favor of the Plaintiff and against Defendant as follows:
Principal
Other authorized items:
Interest to April 2, 2001
Attorneys' commission
TOTAL
$44,115.54
$ 5,601.16
$ 4,971,67
$54,688.37
plus interest at
the defauk rate
set forth in the
Note and costs
of suit
Date:
Respectfully submitted,
Supreme Court ID #59012
2109 Market Street
Camp Hill, PA 17011
(717) 737-3405
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
: iN THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
:
: NO.
:
: CIVIL ACTION - LAW
: CONFESSION OF JUDGMENT
COMPLAINT FOR CONFESSION OF JUDGMENT
UNDER RULE 2951
1. The name and address of the Plaintiff is PNC Bank, National Association, 4242
Carlisle Pike, Camp Hill, Cumberland County, Pennsylvania 17011.
2. The name and last known address of the Defendant is MOP Corporation, 29 Old
Gettysburg Pike, Mechanicsburg, Cumberland County, Pennsylvania 17055.
3. Defendant executed and delivered to Plaintiff a Promissory Note ("Note"), a tree
and correct photostatic reproduction of the original of which is attached hereto as Exhibit "A" amd
made a part hereof.
4. Defendant is in default of Defendant's obligations to make payment to Plaintiff as
required in the Note, and Plaintiff has demanded payment in full of all outstanding amounts as
provided in the Note, A copy of Plaintiffs demand is attached hereto as Exhibit "B" and made a
part hereof.
5. Judgment is not being entered by confession against a natural person in connection
with a consumer credit transaction.
6. There has not been any assignment of the Note.
7. Judgment has not been entered on the Note in any jurisdiction.
8. The amount due to Plaintiff as a result of Defendant's default is as follows:
a. Principal $ 44,115.54
b. Interest to April 2, 2001 $ 5,601.16
c. Attorneys' commission $ 4,971.67
d. Total due to Plaintiff as of April 2, 2001 $54,688.37
9. Interest continues to accrue at the default rate provided in the Note.
WHEREFORE, Plaintiff demands judgment against Defendant, MOP Corporation, as
authorized by the warrant of attorney contained in the Note for Fifty-Four Thousand Six Hundred
Eighty-Eight and 37/100 Dollars ($54,688.37), plus interest from and including the date of this
Complaint and judgment entered hereon at the default rate provided in the Note and costs of suit.
Date:
Respectfully submitted,
SA1D1S, SHUFF, FLOWER & LINDSAY
Supreme Court ID #59012
2109 Market Street
Camp Hill, PA 17011
(717) 737-3405
Attorney for Plaintiff
ty .:: {Loar~: o Gait.::: Coflater'~ Accou~lt.. :. Officer'
~rinc~pal Amount: S~2,23~.~0 {nteres~ ~ate: 9.~0% ~ate of Note: April 2
~O~I/SE ~ ~AY. MCP C~PC~A710N (*'5orr~wer") ~ro~s~s to ~ay fo ~NC SANK, NATf~NAL A~OCfATICN ("~er"}, or
o4.J.28-lgg5 PROMISSORY NOTE
~.oan No (Continued}
THE T~MS OF THE NO~ AND ACKNOW~S RE~ OF ~MPC~ED COPY OF THE NO~
BORROWE~:
MOP CORPORATION
'ORATION
Lender: PNC Baal<, Nacio~I Association
~_ Cartisle Pi~e
Camp Hill, PA 17011
The undersigned did ex~cuce, and/or is executing, orr q/~ . tD~
t%llowing document(s) under w~ic~ ~he und=rsigne~ is obligated ~o repay mo~s co
i. A PRON[ISSORI' NOTE IN ~E AN~OGNT OF
A. THE UNDERSIGNED ACKNOWLEDGES AND AGREES THAT THE ABOV
DOCUMENTS CONTAIN PROVISIONS UND ER. WHICH LEND ER iv[AY ENTER .rUDGMENT
CONFESSION AGAINST THE UNDERSIGNED. BEING FULLY AWARJE OF iTS RIGHTS Ti
PRIOR NOTICE AND A HEARING ON' TIlE VALiDiTY OF ANY .rUDGNIENT OR OTHEi
CLA.iMS THAT MAY BE ASSERTED AGAINST IT BY LENDER IlEREUNDER BEFOR.1
~'UDGMENT IS ENTERED, THE ro,.'NDERSIGNED HEREBY FREELY, KNOWINGLY ANr
iNTELLIGENTLY WAIVES THESE RIGHTS AND EXPRESSLY AGREES AND CONSENTS TC
LENDER'S ENTERING JUDGMENT AGAiNST IT BY CONFESSION PURSUANT TO
TERMS TF. EP-,EO F.
B. THE UNDERSIGNED ALSO AC,-~L"¢OWLEDGES AND AGP,.EES THAT T~E ABOVE
DOCUMENTS CONT.~N PROVISIONS UNDER WIl?CH LENDER MAY, AFTER ENTRY OF
.rUDGMENT AND WITHOUT EITHER NOTICE ORA HEARING. FORECLOSE bTON', ATTACH,
LEVY OR OTHERWISE SEIZE PROPERTY OF THE UNDERSIGNED IN FULL OR PARTL~r
PAYMENT OF TIlE ~'UDGMENT. BEING FULLY AWA.R.E OF iTS RIGHTS AFTER IUDGN{ENT
IS ENTERED (INCLUDING Ti~E RIGHT TO MOVE TO OPEN OR STRIKE THE .rL'DGMENT),
THE UNDERSIGNED HEREBT FREELY, KNOWINGLY AND INTELLIGENTLY WAivEs THESE
~GHTS AND EXPRESSLY AGREES AND CONSENTS TO LENDER'S TAZ~5'4G SUCH ACTIONS
AS .',[AY BE PEP,..¥ETTED UNDER APPLICABLE STATE AND FEDERAL LAw WITHOUT
P~OR NOTICE TO THE UNDERSIGNED.
AFFIANT:
5IOP CORPO P._~.T~ON
SA'
IS, SHTJ'FF, FLOWER & L_ ,iT)SAY
A PROFESSIONAL CORPORATION
ZI09 t'vIARK~T STREEI'
CAMP HII. L, PI~NNSYLVAN[A I70'1.1
TELI~PHONE: (71;~ 7S7o3405 - FACS{MII.~: (7'!.?") 737-$407
EM.affL: aeeomey@ssfl-iaw.com
March 23,200I
CERTIFIED MAIL, RETUI~N RECEIPT
REQUESTED AND REGb'LAR MAIL
MOP Corporation
29 Old Getty. sburg Pike
Mechanicsburg, PA 17055
Jolm J. Park
29 Old Gettysburg P/ko
Mechanicsburg, PA 17055
RE: PNC Bank. National Association ("PNC') - Obligation Number
600711355/Obligor Number 30933602("Loan")
CARt./fiLt~ OFF[¢
2fi w. HIGH ST~
CARLfSLE, PA 17
FACSIMILE: (71;~2q
R~LYTOC,~MP
Dear Mr. Park:
PNC has rer21ned our firm in connect/on with the recovery of the amounts due to PNC
under the above-referenced Loan. MOP Corporation's obligations under the Loan are in default
for, inter alia, tki[ure to make the payments required under the terms and conditions of the
Promissory Note (the "Note") and the Note having matured by i~s terms on April 28, 2000.
Therefore. PNC hereby demands immediate payment of ~e entire outstanding principal, interest
and other amounts due under the Loan in the amount of $57,054.73 calculated a~ follows:
l. Principal: $44,115.54
2. interest through Maxch 14, 2001: $ 5,379.97
3. Attorneys fees and costs
$ 7,559.22
Total due to PNC as of
,March {4. 200 1:
557,054.73
5. Per diem interest accrual $ l 1.6416
Please forward neat of the $57,054.73 together wirl..~ditional interest to my o~ce
immediately. Payment must be in the foam ora certified or cashier's check and made payable tc
Saidis, Shuff, Flower &: Lindsay. Upon receipt of payment, [ w~ll forward the proceeds to PNC
and instruct PNC to close your account.
Unless payment together with additional interest to the date payment is received in our
office is received in my office within ten (10) days of the date of tt~s letter, PNC has [astructed
our firm to pursue /rs ri~rs and remedies under the loan documents and at law and in equity.
without fu~er notice. ,- - ·
In addition to the other rights and remedies avfilabie {o' PNC, PNC hereby also exercises
its rights under the Note to increase the applicable interest rate from its current rate of 9.5% to
14.5% as set forth, in the Nor~ effective March 14, 2001,
This letter shall be without prejudice to and shall not be deemed a waiver or
postponement of any rights or remedies available to PNC, including, without limitation,
PNC's right's to accept partial payments without waiving demand for payment in full of all
obligations due under the above-referenced Loan or reinstating Borrower's obligation.
~either this letter nor any subsequent discussion shall be deemed offers to extend the
maturity of the loan or otherwise waive any defaults thereunder.
I look forward to receipt of the $57,054.73 plus interest to the dare of payment in ~e
immediate future.
Very. amly yours,
ICML/rmtl
cc: Anura Unger
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
: IN THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
NO.
CWIL ACTION - LAW
: CONFESSION OF JUDGMENT
VERIFICATION
I, Anura Unger, Assistant Vice President, for PNC/CRC, being authorized to do so on
behalf o1' PNC Bank, National Association, hereby veri~ that the statements made in the foregoing
pleading are tree and correct to th~ best of my information, knowledge m~ belief. I understand that
false statements herein are made subject to the penalties of 18 Pa. C.S. Section 4904, relating to
unswom falsification to authorities.
Date:
PNCICRCf"'
By:
~P~ ~ 9 ~00~
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
1N THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
CiVIL ACTION - LAW
CONFESSION OF JUDGMENT
CERTIFICATE OF ADDRESSES
I hereby certify that the precise address of Plaintiff, PNC Bank, National Association, is
4242 Carlisle Pike, Camp Hill, Pennsylvania 17011; and that the last known address of the
Defendant, MOP Corporation, is 29 Old Gettysburg Pike, Mechanicsburg, Pennsylvania 17055.
Respectfully submitted,
Date:
SAIDIS, SHUFF, FLOWER & LINDSAY
i~'_ _~_~_ ~ E~s~
l~arl M. Ledebohm, quire
Supreme Court ID #59012
2109 Market Street
Camp Hill, PA 17011
(717) 737-3405
Attorney for Plaintiff
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
1N THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PENNSYLVANIA
No.
CWIL ACTION - LAW
CONFESSION OF JUDGMENT
ENTRY OF APPEARANCE
TO THE PROTHONOTARY:
Please emer the appearance of the undersigned on behalf of PNC Bank, National
Association, Plaintiff in the above captioned matter.
Date:
Respectfully submitted,
SAIDIS, SHUFF, FLOWER & LINDSAY
By:
~1 Ledebohm, Esquire
Supreme Court ID #59012
2109 Market Street
Camp Hill, PA 17011
(717) 737-3405
Attorney for Pla'mtiff
PNC BANK, NATIONAL ASSOCIATION,
Plaintiff
MOP CORPORATION,
Defendant
: 1N THE COURT OF COMMON PLEAS
: CUMBERLAND COUNTY, PENNSYLVANIA
: CIVIL ACTION - LAW
: CONFESSION OF JUDGMENT
NOTICE
TO: MOP Corporation, Defendant
Pursuant to Rule 236 of the Supreme Court of Pennsylvania, you are hereby notified that a
JUDGMENT BY CONFESSION has been entered against you in the above proceeding and that
enclosed herewith is a copy of all the docu_mems filed in support of the said judgmem.
IF YOU HAVE ANY QUESTIONS CONCERNING THIS NOTICE, PLEASE CALL:
KARL M. LEDEBOHM, ESQUIRE
TELEPHONE NUMBER: (717) 737-3405
Prothonotary