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HomeMy WebLinkAbout02-0698DEMAND NOTE AMOUNT: $63,500.00 February 8, 2002 DGA, Inc. d/b/a Infinity Print Graphics, of 121 North Pitt Street, Carlisle, Pennsylvania 17013, and Michael R. Guion and Vickie B. Guion, husband and wife, of 117 Sholly Drive, Mechanicsburg, Pennsylvania 17055 (both individuals and said corporation jointly and severally with each other), hereinafter individually and collectively referred to as "Debtor," after April 8, 2002, do promise to pay to the order of T!le~an_(;I Fr_[~,, of 5 South Hanover Street, Carlisle, Pennsylvania 17013: Sixtythree Thousand, Five Hundred, and No Hundredths ($63,500.00) Dollars without defalcation, for value received, with interest from February 8, 2002 at the rate of seven per cent (7%), per annum. And further Debtor does hereby authorize and empower any Attorney of any Court of Records of Pennsylvania, or elsewhere, to appear for and to enter Judgment against Debtor for the above sum, with or without declaration, with costs of suit, release of errors, without stay of execution, and with five per cent, added for collecting fees; and Debtor also waives the right of inquisition on any real estate that may be levied upon to collect this note, and does hereby voluntarily condemn the same and authorize the Prothonotary to enter upon the FI. FA. Debtor's said voluntary condemnation, and Debtor further agrees said estate may be sold on a FI. FA., and does hereby waive and release all relief from any and all appraisement, stay or exemption laws of any State, now in force, or hereafter to be passed. Debtor further agrees to pay an origination or processing fee in the total amount of $450.00. Debtor acknowledges that this is a commercial loan and that this Demand Note will be recorded, and that upon such recording this Demand Note will constitute a lien on both the real estate of the corporation and the personal residence of the individuals. Attest: Vi,.kie B. Guion, Secretary (corporate seal) DGA, Inc. d/b/a Infinity Print Graphics Michael R. Guion, President , .~7_.~._ (SEAL) Michael R. Guion, Individually ---~.~.~_%z..~.~ ~-~-~. ~ ~ SEAL) Vickie B. Guion, Individually I hereby certify that the precise residence of the Judgment Creditor in this Judgment is 5 South Hanover Street, Carlisle, P~~. Stephen D. Tiley For Judgment Creditor 5 South Hanover Street Carlisle, Pennsylvania 17013 In the Court of Common Pleas of Cumberland County, Pennsylvania NO. Pro~honotm'y Attorney for Plaintiff No. Term, PRAECIPE Filed 19 Atty.