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HomeMy WebLinkAbout87-0065Court of Common Pleas Cumb. Co. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CIVIL ADAMS ELECTRIC COOPERATIVE, INC., : NO. 65 Civil 1987 Plaintiff : : v. : Praecipe for Entry of Satisfaction : GARRY PINCKNEY and 3OANN PINCKNEY, : Defendants : TO CUMBERLAND COUNTY PROTHONTARY: Mark the judgment in the above matter satisfied upon payment of your costs only. TEETER, TEETER & TEETER Adams Electric Cooperative, Inc. · dO3U::IH1 lt:lOdd~S NI O;l'tld S/NgR -t~OOO '11¥ dO AdO0 V HIlM ti::lH13~)01 (S)INVQN::Id3G ;]HZ 0111~ AIdYNIQUO X~] N3AI~D SVM (S).i. NYQN:;d3Q ISN1~)¥ 1N3~J~)O~P dO AId.LN3 3H1 dO ao~!paa9 ~uatugpnf ~o ~869. ~ PBDN~$SORy NOTE October 22, , 1984 FOR VAL~E R~II~D, undersigned jointly and severally Newburg , Pennsylvania ~ o~der of ~MS E~RIC ~~tI ..... if more than one, promise to pay - ~u~ CENTS ($ 896 24 ) wi~h inter - alG~T HUNDRED SIXTY-NI~ . in THIRTY-FIVE ~.;_ ' - est thereon pa~~/~kn~-siNE ~LLA~S A~ Y ea .... uccesslve month the n~ ~nstallments Undersigned further promises and agrees reafter. Any unpaid balance ~y be paid, at any time, without penalty and any unearned finance charge will [21~i[[1~ ~2~ ;afllil~l~n}~ ~2~2 to pay, upon demand of the-~,~ .... be.yefunded. · n arrears. Such delinquent-- ~ ~ ~-~ ~or eaen once due and payable after the fifteen (15) day period or ~y be collected with the last installment, , ~ ~ caarge shall become Upon default in payment of any such installment ~en due, the ~ole of the principal sum then re~ining unpaid and all interest ~ediately due and ~a ...... accrued shall, at not be made at maturity, the undersigned promises to pay all the option of the holder, become P ~ao~e, W~thout de. nd or notice. In case any payment provided for shall attorneys' fees. cost~ of collection and reasonable ~e occurrence of any of the follo ' .... ~. ~u .undersigned, immediate~,. ~-- ~ ~c~on or the holder and wlt~ ........ charges on de--nd; (b) death of undersi n : . -~ nates an~ any delinquency ~f ~apent hereunder by undersi-ned ;~ id' ~c).holder, in good faith, belie uz oanmruptcy, i~sal, ...... ~ ~ ~mpalrea because o~ ; · · ~c~ one prospect unders~ ned is -~ .... g t, debt adjustment ...... : .... ders~gned g .... ~ co oe ~nsolvent or no~ ...... ~ .-~ve[snlp proceedings in ~ic - u ..... ~ pay scots as they mature, h Upon the occurrence of any default h off against liabili~ ...... ereunder, payee shall have i~ediate right to set .... , a~l ~on~es owed by pa ce, in any capacity, to undersigned. Notice of nonpayment, presentment, d~shonor, notice o~ dishonor, protest, and de, nd is Waived. Each of the undersigned do hereby authorize and empower any attorney of any court of record within the United States or elsewhere, at any time, to appear for them and to confess judgment against them in favor of the holder as often as necessary, as of any term, with or without dec~arat~on f~led for such sum, or sums as ~y be payable ' costs of su~t and reasonable attorneys fees. Each of the undersigned waives any right to stay of execution and extension on any levy on real estate pursuant hereunder, together with expressly waive the exemption of any property from levy and execution thereon as well as any to any such jud~ent and exemption statute now in force or enacted hereafter by any state or nation, to the extent such statutes ~y be waived. EA~ OF THE U~ERSlGNED ACKNO~EDGES ~CEIPT OF A Sig atur of: GAR~PIN~ y (SEAL) R.D. 1, Box 72 ~~ /.'~ ~ _.. Newburg, PA 17240 C~i~ner: JO A PINC[~ R.D. 1, Box 72 V ......... ~/ ~ (SEAL) Address 003/F ~ Newburg, PA 17240 TRUTH IN LENDING DISCLOSUB~ STATE)e~_.HT SECURITY INTEREST AND LIEN - Adams Electric Cooperative, Inc., may, by the exercise of the power to confess judgment granted in the Promissory Note on the opposite side, acquire a security interest and judgment lien against real and personal property of every kind and description now owned or hereinafter acquired by you, including your principal residence. DELI~BgNC~ &ND Pg~PA~I~NT I~IAI~I~.~ - In the event of delinquency, you are required to pay a single delinquency charge for each installment past due for fifteen (15) days or more of or pay interest of lZ per month for each extension in excess of fifteen (15) days. In the event of suit, you will be responsible for cost plus reasonable attorneys' fees incurred for collection. In the event of prepayment, unearned finance charges will be refunded. cossu~fl~a CRKI)IT DISCLOSURE: 1. Amount Financed $ 869 24 2. Term of Loan (Months) 36 3. Finance Charges $ 68.66 ~ 4. Total Payments $ 937.90 ~' 5. Monthly Payments $ 26.05 ~ 6. Annual Percentage Rate (APR) 5.00% *Final monthly payment will be $ 26.15 . --~ : SS. COUNTY OF CI]HBKRLAND : The undersigned, jointly and severally if more than one, being duly sworn or affirmed according to law depose and say: 1. That the undersigned is the debtor named in the judgment note on the opposite side containing provisions for judgment by confession. 2. That in executing the same, the undersigned INTENTIONALLY, UNDERSTANDINGLY, AND ~ ~ VO,'.UNTARiLY WaiVE the following rights: A. THE RIGHT TO HAVE PREJUDGMENT NOTICE AND HEARING PRIOR TO THE ENTRY OF JUDGMENT. ~ -aD B. THE RIGHT TO HAVE THE BURDEN OF PROOF ON THE CREDITOR AND TO HAVE THE CREDITOR -fO ~f~,o PROVE DEFAULT BEFORE EXECUTION UPON UNDERSIGNED'S PROPERTY.  ._~ C. THE RIGHT TO AVOID THE EXPENSE, INCLUDING ADDITIONAL COSTS AND ATTORNEY'S FEES, ~ a~_; ~_../.c~c C~ ~_. (S~AL) Borfower/~PropertY O;~ner / ' Go~orrower/Joint Property Owner~ My Expires 16, Notary Public 003/F