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2112 SEP 18 PM I2~ 5
NOTE
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(Date)
CUl~~~SYLVAN~IA TY
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Came Hill . PA
(City) (State)
Ftr<-nerty Add#; ~ SO Putter Lane. CAmo Hill. Pennsvlvstnia
1. BORROWER(S) PROMISE TO PAY: ~ ~. @ i/ ~,,tIII ~ /~v p' ~ o S
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In return for a loan that I have received, I promise to pay cig ~t 6,uudred t6o ( ~ffiA.~O)
„ (this amo~jnt is called "principal"), to the order of the Lender. The Lender is T
>•a~G~~i's, I understand that the Lender may transfer this Note. The Lender or anyone who takes this Note
by transfer and wlib is entitled to receive payments under this Note is called the "Note Holder".
2. INTEREST:
Interest will be charged on unpaid principal until the full amount of principal has been paid. I will
pay interest at a yearly rate of °/ said interest to accrue only after the maturity date hereof.
3. PAYMENTS:
(a) Time and Place of Payments:
I1vly payments will be applied to all the unpaid principal due hereunder. The payment of
the unpaid principal' balance at any time shall be due and payable on demand.
will make my monthly payments at , 4190 Lewisberrv Road. York. PA 17 or at a
different place, if required by the Note Holder.
4. BORROWER() RIGHT TO PREPAY:
I have thej night to make payments of principal at any time before they are due. A payment of
principal only is kddwn as a "prepayment". When I make a prepayment, I will tell the Note Holder in
writing that I am doing so.
I may malk~ a full prepayment or partial prepayment without paying any prepayment charge. The
Note Holder will u~~ all of my prepayments to reduce the amount of principal that I owe under his Note. If
I make a partial prepayment, there will be no changes in the due date or in the amount of my monthly
payment unless thd Note Holder agrees in writing to those changes.
5. LOAN CHARGES:
If a law, v~hich applies to this loan and which sets maximum loan charges, is finally interpreted so
that the interest or ptiher loan charges collected or to be collected in connection with this loan exr~d the
permitted limits, thpt~: (i) any such loan charge shall be reduced by the amount necessary to reduce the
charge to the permed limit; and (ii) any sums already collected from me which exceeded per-~itted limits
will be refunded to'~me. The Note Holder may choose to make this refund by reducing the principal I owe
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under this Note on by making a direct payment to me, if a refund reduces principal, the reduction will be
treated as a partial prepayment.
6. BORROWER(S) FAILURE TO PAY AS REQUIRED:
(a) Late'.. Charge for Overdue Payments:
Tf the Note Holder has not received the full amount upon demand as indicated above, by
the end of fifteen 1'S) calendar days after said payment is due, I will pay a late charge and the amount of
the will be t of the unpaid principal balance. I will pay this late charge promptly.
(b) Defaluilt
If I do not pay the full amount of the balance due upon demand, I will be in default.
(c) Notice of Default
If I am in default, the Note Holder may send me a written notice telling me that if I do not
pay the overdue mount by a certain date, the Note Holder may require me to pay immediately ~he full
amount of princip which has not been paid, and all the interest that I owe on that amount. Tltat date must
be at least thirty (3la) days after the date on which the notice is delivered or mailed to me.
(d) No Vl~eiver by Note Holder
Even if, at a time when I am in default, the Note Holder does not require me tp pay
immediately in fu1K as described above, the Note Holder will still have the right to do so if I am''~in default at
a later time.
(e) Payment of Note Holder's Costs and Expenses
~fthe Note Holder has required me to pay immediately in full as described above, the
Note Holder will ve the right to be paid back by me for all of its costs and expenses in enforcing this
Note to the extent~iot prohibited by applicable law. Those expenses include, for example, reasolnable
attorneys' fees.
7. GIVING OF NOTICES:
Unless ~icable law r~uires a different method, any notice that must be given to me sunder this
Note will be given lay delivering it or by mailing it by first class mail to me at the Property Address above
or at a different ad ss if I give the Note Holder a notice of my different address.
Any notic ',that must be given to the Note Holder under this Note will be given by mailing it by
first class mail to ~ Note Holder at the address stated in Section 3(a) above or at a different address if I
am given a notice ftthat different address.
8. OBLIGATI01~3 OF PERSONS UNDER THIS NOTE:
If more than one person signs this Note, each person is fully and personally obligated t~ keep all
of the promises majdle in this Note, including the promise to pay the full amount owed. Any n who is
guarantor, surety o~ endorser of this Note is also obligated to do these things. Any person wh~es over
these obligations, i#-¢luding the obligations of a guarantor, swety or endorser of this Note is also, obligated
to keep all of the p gmises made in this Note. The Note Holder may enforce its rights under this Note
against each perso individually or against all of us together. This means that any one of us may' be
required to pay all f the amounts owed under this Note.
9. WAIVERS:
I, and any pother person who has obligations under this Note, waive the rights of presentment and
notice of dishonor,. "Presentment" means the right to require the Note Holder to demand payment of
amounts due. "Notice of dishonor" means the right to require the Note Holder to give notice to other
persons that amout-ts due have not been paid.
10. CONFESSE~~JUDGMENT
The undersigned ' exeby empowers any prothonotary, clerk or attorney of any court of record wlithin the
United States ore 'where, to appear for the undersigned and, with or without declaration, to cgnfess
judgment at any t' ' e or times against each, any or all of the undersigned in favor of the holder ~iereoi; for
the above sum, wi 'costs of suit and an attorney's commission of fifteen (15%) percent for collection. The
undersigned and ail' endorsers waive protest, demand and notice ofnon-payment of this Note.
WITNESS THE ~IAND(S) AND SEAL(S) OF THE UNDERSIGNED.
(Sign Original Only) GLENN C. HUG