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HomeMy WebLinkAbout02-2046PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA : : : : : CIVIL ACTION - LAW 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 Defendants and confess judgment in favor of the Plaintiff and against Defendants as follows: Principal $ 22,433.97 Other authorized items: Interest to April 16, 2002 Mortgage Satisfaction Fee Attorney's Commission $ 833.64 $ 14.oo $ 2,326.76 TOTAL $25,608.37 plus additional interest, and costs from the date of the Complaint. Respectfully submitted, Date: SAIDIS, SHU~F, FLOWER RCL"Ip~I~AY (Suprerhe Court ID #59012 2109 Market Street Camp Hill, PA 17011 (717) 737-3405 Attorney For Defendants $35K Note PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. CIVIL ACTION - LAW ENTRY OF APPEARANCE TO THE PROTHONOTARY: Please enter the appearance of the undersigned on behalf of PNC Bank, National Association, Plaintiff in the above captioned matter. Date: 7_.,.{-08_, Respectfully submitted, SAIDIS, SHUFF, FLOWER & LINDSAY Camp Hill, PA 17011 (717) 737-3405 Attorney for Pla'mtiff $35K Note 'PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS A GENERAL PARTNERSHIP, Defendants IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. CIVIL ACTION - LAW 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, Pennsylvania 17011. 2. The names and last known addresses of the Defendants are Tommy L. Bloser and Steven L. Bloser, t/d/b/a Bloser Brothers, a general partnership, 150 Bamstable Road, Carlisle, Pennsylvania 17013. 3. Defendants executed and delivered to Plaintiff a Promissory Note dated April 30, 1999 in the original principal amount of Thirty Five Thousand and 00/100 Dollars ($35,000.00) ("Note"), a true and correct photostatic reproduction of the original of which is attached hereto as Exhibit "A" and made a part hereof. 4. Defendants are in default of Defendants' 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 ("Disclosure for Confession"), a tree and correct photostatic reproduction of the original of which is attached hereto as Exhibit "C" and made a part hereof. $35K Note Defendants executed and delivered to Plaintiff a Disclosure for Confession of 6. Judgment is not being entered by confession aga'mst a natural person in connection with a consumer credit transaction. 7. There has not been any assignment of the Note. 8. Judgment has not been entered on the Note in any jurisdiction. 9. The amount due to Plaintiff as a result of Defendants' default is as follows: a. Principal $22,433.97 b. Interest to'April 16, 2002 $ 833.64 c. Mortgage Satisfaction Fees $ 14.00 d. Attorney's Commission $ 2,326.76 TOTAL $25,608.37 10. Interest continues to accrue at the default rate provided in the Note. WltEREFORE, Plaintiff, PNC Bank, National Association demands judgment against Defendants, Tommy L. Bloser and Steven L. Bloser t/d/b/a Bloser Brothers, a general partnership, as authorized by the warrant of attorney contained in the Note for Twenty-Five Thousand Six Hundred Eight and 37/100 Dollars ($25,608.37), 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. $35K Note Respectfully submitted, SAIDIS, SHU/FF, FLOWER & LINDSAY Supreme Court ID #59012 2109 Market Street Camp Hill, PA 17011 (717) 737-3405 Attorney for Plaintiff ...... PROMISSORY NOTE ReferenC~ n the shaded~ ~ are for Lender's use On ¥ and do not m t the· app Cab lilY of this document: to any particular loan or item. . Borrower: SLO~ BROTHERS (TIN: 25-1758013) Lender: PNC BANK, NATIONAL ASSOCIATION 1 S0 BARNSTABLE ROAD 4242 CARLISLE PIKE CARLISLE, PA 17013 CAMP HILL, PA 17001-8874 Principal Amount: $35,000.00 Initial Rate: 8.750% Date of Note: April 30, 1999 PROMISE TO PAY. BLOSER BROTHERS ("Borrower") promi-~--~ to pay to PNC BANK, NATIONAL ASSOCIATION ("Lender"), or order, In lawful money of the United States of America, the principal amount of Thirty Rve Thousand & 00/100 Dollars ($3S,000.00) or so much as may be outstanding, together with Interest on the unpaid outstanding principal balance of each advance. Interest shall be calculated from the date of each advance until repayment of each advance. PAYMENT. Borrower will pay this loan In accordance with the following payment schedule: Prior to the Converalon Dates intarest only shall be due and payable commencing on May 31, 1999, end COntinuing on the last day of e~ month th~oafter until the Conversion Date, when all accrued Interest shall be due end pa_y, able, with Interest-calculated on tho unpaid princ!~ balance at the Index plus one percent (!.o%). From and after the conversion Date, Principal and Interest shall be due and pnyahle in sixty (60} equal consecutive monthly In~lmento, each in an amount sufficient ~to fully antprtlze tho OUting balance of this Nofe over five ($) years, commencing on the last day of the month tollowlng the month In Which the COnversion Dale occurs, with interest calculated on the unpaid principal balance at Lender's "as offered" fixed Interest rate. Any outatandlng principal end Interest shall be due end payable In full on the fifth anniversary of the Conversion Date. The annual interest rate for this Note is computed on a 365/360 basis; that is, by applying the ratio of the annual interest rate over a year of 360 days, multiplied by the outstanding principal balance, multiplied by the actual number of days the principal balance is outstanding. Borrower will pay Lender at Lender's address shown above or at such other place as Lender may designate in writing. Unless otherwise agreed or required by aPPlicable law, payments will be applied first to accrued unpaid interest, then to principal, and any remaining amount to any unpaid collection costs and late charges. VARIABLE INTEREST RATE. The interest rate on this Note is subject to change from time to tirr~ based on changes in an index which is the Lender's pdme rate (the "Index"). The index is a rate per annum as publicly announced by Lender from time to time as its prime rate. The prime rata is not tied to any external rate or index and it does not nsce_-~_rily reflect the lowest rata of interest actually charged by Lender to any particular class or category of customers. Lender will tall Borrower the current Index rata upon Borrower's request. Borrower understands that Lender may make loans based on other rates as wail. The interest rata change will not occur more often than each day. The Index currently Is 7.7S0% per annum.~ The Interest rate to be appltad to the unpaid principal balance of this Note will be at · rate of 1.000 percentage point over the Index, resulting In an Initial rate of 8.750% per annum. NOTICE: Under no cimumstances will the interest rate on this Note be more than the maximum rate allowed by appll~ta law. PREPAYMENT PENALTY. Upon prepayment of this Note, Lender Is entitled to the foitowlng prepayment penally: On any businL"~___'~ day, upon payment of all accrued unpaid Interest on this Note, and upon five (5) business day's prior written notice to Lander, the Bon'0wer may prepay all or part of the outstenlting principal hereunder; provided, however, that if the repayment Is mede during a Fixed Rate Period, the Borrower, where not prohibited by law, also agrees to pay Lender as compensation for the cost of being prepared to a¢lvence fixed rate funds hereunder an amount equal to the Cost of Prepayment. "Cost of Prepayment" means an amount equal to the pr_~_~_.qt value, if positive, of the product of (a) the dlffereoce between (i) the yield, on the beginning date of the Fixed Rate Period, of aU. S. Tre-"-~-'ry obligation with a maturity similar to the Fixed Rate Period minus (11) the yield on the prepayment date~ of a U. S. Treesury obllgelton with s maturity similar to the remaining maturity of the Fixed Rate Period, and (b) the principal amount to be prepaid, end (c) the number of years, InclUding ffsctlonal years, from the prepayment date to the end of the Fixeq Rate Period. The yield on any U. S. Treasury obitgetiOn shall be determined by reference to Federal Reserve Statistical Release H,15($19) "Selected Interest Rates". For purposes of making present value calculations, the ytald to maturity of a almiter maturity U. S. Tre,,~_~ry obligation on the prepayment dale shall he deemed the discount rate. The Cost of Prepayment shall also apply to any payments made after scceleratlon of the maturity of thta Note while s Fixed Rafo Is In effect.. Except for the foregoing, Borrower may pay all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due. LATE CHARGE. If a payment is 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment or $100.00, whichever Is less. DEFAULT. Borrower will be in default if any of the following happens: (a) Borrower falls to make any payment when due. (b) Borrower breaks any promise Borrower has made to Lender, or Borrower fails to comply with or to perform when due any other term, obligation, covenant, or condition contained in this Note or any agreement related to this Note, or in any other agreement or loan Borrower has with Lender. (c) Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may matadaily affect any of Borrower's properly or Borrower's ability to repay this Note or pedorm Borrower's obligations under this Note or any of the Related Documents. (d) Any representation or statement made or furnished to Lender by Borrower or on Borrower's behalf is false or misleading in any material respect either now or at the time made or furnished. (e) Any parfner dies or any of the padners or Borrower becomes insolvent, a receiver is appointed for any part of Borrower's property, Borrower makes an assignment for the benefit of creditors, or any proceeding is commenced either by Borrower or against Borrower under any bankruptcy or insolvency laws. (f) Any creditor tries to take any of Borrower's property on or in which Lender has a lien or security interest. This includes a garnishment of any of Borrower's accounts with Lender. (g) Any of the events described in this default section occurs with respect to any general partner of Borrower or any guarantor of this Note. (h) A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. LENDER'S RIGHTS. Upon default, Lender may, after giving such notices as required by applicable law, declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, and then Borrower will pay that amount. Upon defautt, including failure to pay upon final mJ~turity, Lender, at its option, may also, if permitted under applicable law, increase the variable interest rets on this Note to 6.000 percentage points over the Index. The interest rate will not exceed the maximum rate permitted by applicable law. Lender may hire or pay someone else to help collect this Note if Borrower does not pay. Borrower also will pay Lender that amount. This includes, subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses whether or not there is a lawsuit, including afforneys' fees and legal expenses for bankruptcy proceedings (including efforts to modily or vacate any automatic stay or injunction), appeals, and any anticipated post-judgment collection services, if not prohibited by applicable law, Borrower also witl pay any court costs, in addition to all other sums provided by taw. Jf judgment is entered in connection with this Note, interest will continue to accrue on this Note after udgment at the interest rate applicable to this Note at the time judgment is entered. o4-30.-19S9 PROMISSORY NOTE page Loan No (Continued) This Note has been delivered to Lender and accepted by Lender In the Commonwealth of Fe~yivanla. If ;;-,ere Is a ;.-~,~it, Bo.c-wer agrees upon Lender's request tO submit to the jurisdiction of the courts of CUMBERLAND County, the Commonwealth of Pennsylvania. re waive the ri ht to any jury trial in any action, proceeding, or counterclaim brought by either Lender or Borrower Lender and Borrower he .by .... g r anco with the laws of the Commonwealth of Pennsylvania. against the other. This Note sua~l ~e governed by and construed In acco d RIGHT OF SETOFF. Borrower grants to Lender a corrirecfuel secudty interest in, and hereby assigns, conveys, delivers, pledges, and transfers to Lender all Borrower's right, flue and interest in and to, Borrower's accounts with Lender (whether checking, savings, or some other account), including without limitation all accounts held jointly with someone else and all accounts Borrower may open in the future, excluding however ell IRA and Keogh accounts, and all trust accounts for which the grant of a security interest would be prohibited by law. Borrower authorizes Lender, to the extent permitted by applicable law, to charge or setoff all sums owing on this Note against any and all such accounts. cOLLATERAL. This Note is secured by a Mortgage dated April 30, 1999, fo Lender on real properly located in CUMBERLAND. County, Co mmonweelth of Pennsylvania, all the terms and condiUons of which are hereby incorporated and made a part of this Note. LINE OF CREDIT. This Note evidences a straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Note may be requested orally by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions bY telephone or otherwise to Lender are to be directed to Lender's office shown above. The fotiowing party or parties are authorized to request.advances under the line of credit until Lender receives h'om dot's address silown above written notice of revocation of th. eir.aut.h, ority: .S'FEV ..ENL.. I~.. DeER and ~.O_M__M~_t~ ?_L.O..?.E~.,.=_B~O~'wOeWre,; Borrower at Lan ....... :,,. -. .... ,,.-,-,,~o ,~, =,, a-tnorized ~erson or [o) creo~eu [u =,,y u~ =u,,v agrees to be liable for ell sumS either:. (a)advanoa~ in eccoroancu w,, ~,,~ ,,,.~ .... ~, accounts with Lender. The unpaid pi, incfpel balance owing on this Note at any time may be evidenced by endomemants on this Note or by Lender's internal records, including dolly computer print-outs. Lender will have no obligation to advance funds under this Note if:. {a) Borrower or any guarantor is in default Under the terms of this Note or any agreement that Borrower or anY guarantor has with Lender, including any agreement made in connection with the signing of this NOte; (b) Borrower or any guarantor ceases doing business or is insolvent;, (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarentsu of this Note or any other loan with Lender;, or (d) BOrrower has applied funds provided pursuant to this Note for purposes other than those authorized by Lender. ADDITIONAL INTEREST RATE PROVISION. N/A. FEES. On the dafe'of this Note, the Borrower shell pay to Lender a fee of $350.00. YEAR 2000 COMPI..IANCE. Borrower has reviewed the areas within its business and operations which could be adversety affected by, and has developed or is developing a program to address on a timely basis the risk that certain computer applications used by Borrower may be unable to recognize end perform properly dafe-sensitive functions invOlving dates prior to and atier December 31, 1999 (the "Year 2{~00 Problem"). The Year 2000 Problem will not result, and is not reasonably expected to result, in any material adverse effect on the business, properties, assets, financial condition, results of operations or prospects of Borrower, or the ability of Bon'ower to duly and punctually pay or perform its obligations hereunder and under the Related Documents; CONVERSION DATE. It is agreed that subject to the terms end conditions of this Note and other loan dccumenis, advances under this Note may be refluested until October 3% 1999, or until ell the funds are advanced, whichever occurs first. Amounts advanced and repaid may not be reborrowed. GENERAL PROVISIONS. Lender may delay or forgo enforcing any of its rights or remedies under this Note without losing them. Borrower and any other person who Signs, guarantees er endorses this Note, to the extent allowed by law, waive presentment, demand for payment, protest and notice of dishonor. Upon any change in the terms of this Note, end unless otherwise expressly stated in writing, no party who signs this Note, whether es maker, guarantor, accommodation maker or endorser, shell be released from liability. Ail such parties agree that Lender may renew or extend (repeatedly and for any length of time) this loan, or release any party, partner, or guarantor or collateral; or impair, fail to realize upon or perfest Lender's security interest in the collateral; and take any other action deemed necessmy by Lender without the consent of or notice to anyone. Ail such parties also agree that Lender may modify this loan without the consent of or notice to anyone other than the party with whom the modification is made. If any portion cf this Note is for any reason determined to be unenforceable, it will not affect the enforceabitity of any other provisions of this Note. CONFESSION OF JUDGMENT. BORROWER HEREBY IRREVOCABLY AUTHORIZES AND EMPOWERS ANY ATTORNEY OR THE PROTHONOTARY OR CLERK OF ANY COURT IN THE COMMONWEALTH OF PENNSYLVANIA, OR ELSEWHERE, TO APPEAR AT ANY TIME FOR BORROWER A DEFAULT UNDER THIS NOTE, AND WITH OR WITHOUT COMPLAINT F LED, AS OF ANY TERM, CONFESS OR ENTER JUDGMENT AGAINST BORROWER FOR THE ENTIRE PRINCIPAL BALANCE OF THiS NOTE, ALL ACCRUED INTEREST, LATE CHARGES, AND ANY AND ALL AMOUNTS EXPENDED OR ADVANCED BY LENDER RELATING TO ANY COLLATERAL SECURING THIS NOTE TOGETHER WITH INTEREST ON SUCH AMOUNTS, TOGETHER WiTH COSTS OF SUrf, AND AN ATTORNEY'S COMMISSION OF TEN PERCENT (10%) OF THE UNPAID PRINCIPAL BALANCE AND ACCRUED iNTEREST FOR COLLECTION, BUT IN ANY EVENT NOT LESS THAN FIVE HUNDRED DOLLARS ($500) ON WHICH JUDGMENT OR JUDGMENTS ONE OR MORE EXECUTIONS MAY ISSUE IMMEDIATELY; AND FOR SO DOING, THIS NOTE OR A COPY OF THIS NOTE VERIFIED BY AFFIDAVIT SHALL BE SUFFICIENT WARRANT. THE AUTHORITY GRANTED IN THIS NOTE TO CONFESS JUDGMENT AGAINST BORROWER SHALL NOT BE EXHAU3Y~-D BY ANY EXERCISE OF THAT AUTHORITY, BUT SHALL CONTINUE FROM TIME TO TIME AND AT ALL TIMES UNTIL PAYMENT IN FULL OF ALL AMOUNTS DUE UNDER THIS NOTE. BORROWER HEREBY WAIVES ANY RIGHT BORROWER MAY HAVE TO NOTICE OR TO A HEARING IN CONNECTION WITH ANY SUCH CONFESSION OF JUDGMENT, EXCEPT ANY NOTICE AND/OR HEARING REQUIRED UNDER APPLICABLE LAW WITH RESPECT TO E)(ECUTION OF THE JUDGMENT, AND STATES THAT EITHER A REPRESENTATIVE OF LENDER SPECIFICALLY CAll FO THIS CONFESSION OF JUDGMENT PROVISION TO BORROWER'S Al Lt!NTION OR BORROWER HAS BEEN REPRESENTED BY INDEPENDENT LEGAL COUNSEL PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS NOTE, INCLUDING THE VARIABLE INTEREST RATE PROVISIONS. BORROWER AGREES TO THE TERMS OF THE NOTE AND ACKNOWLEDGES RECEIPT OF A COMPLETED COPY OF THE NOTE. THIS NOTE HAS BEEN SIGNED AND SEALED BY THE UNDERSIGNED. BORROWER: sTEVEN L. BLOSER, General Partner VzrtaDie R&te. Line Of Crecllt. By T~OS~ G LASER PRO, Reg. U.S. Pat. & T,M, Qff.. Vet. 3.26b (c) 1999 CFI Proeervic as, Inc. All rigl3t $ Ceserve~l, [PA~D20 BLOSER1 .LN C35,OVI PNC CAPITAL RECOVERY CORP. 4242 Carlisle Pike Camp Hill, PA 17011 E-mail: er/c.krimmel~pncbank.com Eric D. Krimmel · Vice President (717) 730-202 Tel (717) 730-2373 Fax PNCBANK March 18, 2002 Bloser Brothers 150 Barnstable Road Carlisle, PA 17013 Mr. Steven L. Bloser Mrs. Martina J. Bloser 150 Barnstable Road Carlisle, PA 17013 Mr. Tommy L. Bloser Mrs. Cynthia L. Blosor 210 Bamstable Road Carlisle, PA 17013 Bloser Brothers Obligor/Obligation No~: 309347~1-601144676 (S40,000 Loan) 30934754-601144802 (S3~,000 Loan) 30934754-601447662 (S26,000 Loan) Dear Bloser Brothers: Dear Steven and Martina Blose~. Dear Tommy and Cynthia Bloser. As you know, you ar~ obligated to PNC Bank, National Association ("PNC') for the abovc-referunced loan accounts (the "Loans"), as evidenced by a certain Promissory Notes, Commercial Guaranties, and other related loan documents (the "Loan DocUments"). As you also know, you are in default under the Loans and Loan Documents for your failure to make payments when due to PNC, and payoff the $40,000 and $26,000 loans when they matured on December 31,2001, which constitute Events of Default under the Loans and Loan Documents. As a result of the above Events of Default, all liabilities and obligations under the Loans and Loan Documents have been accelerated and all liabilities and obligations under the Loans and Loan Documents are/mmediate]y due and payable to PNC. Additionally, as a result of the defaults PNC exercised its rights of setoff on this date with regards to deposit account number 5001061377 and applied the $2,997.84 balance to the $40,000 Loan. In addition, the deposit account was also closed. As of this date the amount due under the Loans and Loan Documents are as follows: A member of The PNC Financial Services 6roup 4242 Carlisle Pike Camp Hill Pennsylvania 17011 Bloser Brothers March 18, 2002 · Page 2 Obligor/Obligation Nos.: 30934754-601144676 ($40,000 Loan) Principal S40,000.00 Interest to 03/18/02 693.33 Mortgage satisfaction fee 14.00. Sub-total $40,707.33 Less proceeds from setoff - 2.997.84 Total $37,709.49 PNC hns exere~sed its nght to increase the interest rote on the above Loan to PNC Benk's~e rat~ plus 6.00%. ' .' ~: ' ~- ' ~- "'-~i~;.~": .:,.~ '...- Oblitor/Obli~tion Nos.: 30934754-601144802 ($35.000 L0an) Principal $22,433.97 Interest to 03/18/02 639.37 Mortgage satisfaction fee 14.00 Total $23,087_34 plus prepayment fee In addition, pursuant to the terms of the Loan Documents you are hereby notified that effective this date PNC has exercised its right to increase the interest rate on the above Loan to 10.75%. Oblitor/Oblin~tion Nos.: 30934754-601 447662 ($26.000 ! ~) Principal $26,000.00 Interest to 03/18/02 450.67 Mortgage satisfaction fee 14.00 Total $26,576.92 In addition, pursuant to the terms of the Loan Documents you are hereby notified that effective ~is date PNC has exercised its right to increase the interest rate on the above Loan to PHC Bank's prime rate plus 6°00%. Please be advised that unless payment in full is immediately delivered to PNC Bank, National Association at 4242 Carlisle Pike, Camp Hill, PA 17011, in the form of a cashiers check or money order, PNC shall take all action it deems appropriate to collect the above sums due and owing, preserve, protect and enforce its rights under the Loans end Loan Documents. Very truly yours, PNC Capital Recovery Cor~ Eric D. Krimmel - Vice President Certified Mail Nos.: 7099 3220 0009 6887 2233 7099 3220 0009 6887 2240 7099 3220 0009 6887 2257 CC: Regular Mail DISCLOSb,..-' FOR CONFESSION OF JL.,GMENT ~2s in l~a~: :r~r~ ~l~:~:[~nly and do not li~it the al31~i[[,:ability of this d~cument to any particular Io~1o~ it2m. I Borrower: BLOSERBROTHERS (TIN: 25-1758013) Lender: 150 BARNSTABLE ROAD CARLISLE, PA 17013 PNC BANK, NATIONAL ASSOCIATION 4242 CARLISLE PIKE CAMP HILL, PA 17001-8874 DISCLOSURE FOR CONFESSION OF JUDGMENT I AM E3(ECUTING, THIS,"'3 ~.,t., ',...~ L~ DAY OF //~O/~i~-~ , 19~-/-/ , A PROMISSORY NOTE FOR $35,000.00 OBLIGATING ME TO REPAY THAT AMOUNT. A. I UNDERSTAND THAT ~E NOTE CONTAINS A CONFESSION OF JUDGMENT PROVISION THAT WO~D PERMIT LENDER TO ENTER J~DGMENT AGAINST ME IN C~RT, A~ER A DEFA~T ON THE NOTE, WIT~UT ADVANCE NOTICE TO ME AND WlT~UT OFF. lNG ME AN OPPORTUNI~ TO DEFEND AGAINST THE ENTRY OF JUDGMENT. IN ~ECUTING THE NOTE, BEING F~Y AWARE OF MY RIG.S TO ADVANCE NOTICE AND TO A H~RING TO CONTEST THE V~IDITY OF ANY JUDGMENT OR OTHER C~IMS THAT LENDER MAY ASSERT AGAINST ME UNDER THE NOTE, I AM KNOWINGLY, INTE~IGEN~Y, AND VOLUNTARILY WAIVING THESE RIGHTS, INCLUDING ANY RIG~ TO ADVANCE NOTICE OF THE ~TRY OF JUDGMENT, AND I ~PRESSLY AGREE AND CONSENT TO LENDER'S ENTERING JUDGMENT AGAINST ME BY CONFESSION AS PROVIDED FOR IN THE CONFESSION OF JUDGMENT PROVISION. B. I FURT~ UND~STAND THAT IN ADDITION TO GIVING ~NDER ~E RIGHT TO ENTER JUDGM~T AGAINST ME WITHOUT ADVANCE NOTICE OR A H~RING, ~E CONFESSION OF JUDGMENT PROVISION IN THE NOTE ~SO CONTAINS LANGUAGE THAT WOULD PERMIT LENDER, A~ER ENTRY OF JUDGMENT, TO ~EC~E ON THE JUDGMENT BY FORECLOSING UPON, A~ACHING, L~ING ON, TAKING POSSESSION OF OR OTH~WlSE SEIZING MY PROPERS, IN FU~ OR PARTI~ PAYMENT OF THE JUDGMENT. HOW~, LENDER MUST PROVIDE NOTICE TO ME UNDER APPLIC~LE ~W IN ~ECUTING ANY CONFESS~ JUDGMENT. IN ~EC~ING THE NOTE, BEING F~Y AW~E OF MY RIGHTS TO ADVANCE NOTICE AND A HEARING AP[ER JUDGMENT IS ENTERED AND BEFORE ~EC~ION ON THE JUDGM~T, I AM KNOWINGLY, IN~LIGEN~Y AND VOLUNTARILY WAIVING THESE RIG'S, AND I ~PRESSLY AGREE AND CONSENT TO LENDER'S ~EC~ING ON THE JUDGMENT, IN ANY MANNER PERMI~ED BY APPLICABLE STA~ AND FEDERAL ~W. C. A~ER HAVING READ AND D~ERMINED WHICH OF THE F~OWlNG STATEMENTS ARE APPLIC~LE, AND BY PLACING MY INITI~S N~T TO EACH STATEMENT WHICH APPLIES, I REPRESENT THAT: INITIALS 1. I WAS REPRESENTED BY MY OWN INDEPENDENT LEGAL COUNSEL IN CONNECTION WITH THE NOTE. 2. A REPRESENTATIVE OF LENDER SPECIFICALLY CALLED THE CONFESSION OF JUDGMENT PROVISION IN THE NOTE TO MY ATTENTION. D. I CERTIFY THAT MY ANNUAL INCOME EXCEEDS $10,000; THAT THE BLANKS IN THIS DISCLOSURE WERE FILLED IN WHEN INITIALED AND SIGNED IT; AND THAT I RECEIVED A COPY AT THE TIME OF SIGNING. THIS DISCLOSURE HAS BEEN SIGNED AND SEALED BY THE UNDERSIGNED. AFFIANT: BLOSER ,R?THERS BYi ii'il (SEAL) STEVEN L. BLOSER (SEAL) TOMMY ~. BLOWER ' LASER PRO, Reg. U.S. PAt. & T.M. Of L, Ver. 3.26b (c) 1999 CFI ProServices. Inc. All r~ghts reservecL [PA-D30 F3.26 BLOSER 1 .L N C35,OVLI ' PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA : NO. : : : CIVIL ACTION - LAW VERIFICATION I, Eric Krimmel, Vice President, for PNC Bank, National Association, being authorized to do so on behalf of PNC Bank, National Association, hereby verify that the statements made in the foregoing pleading are true and correct to the best of my information, knowledge and 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. PNC BANK, NATIONAL ASSOCIATION Date: ¥/Ig/P.L By: Eric Krimmel Vice President $35K Note PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA : NO. : : : : CIVIL ACTION - LAW CERTIFICATE OF ADDRESSES I hereby certify that the precise address of Plaintiff, PNC Bank, National Association, is 4242 Carlisle Pike, Camp Hill, Pennsylvania 17011; that the last known address of the Defendant Tommy L. Bloser and Steven L. Bloser t/d/b/a Bloser Brothers, a general parmership is 150 Bamstable Road, Carlisle, Pennsylvania 17013. Date: Respectfully submitted, SAIDIS, S~7~ FLOWER& LINDSAY By: ?S uplr eM/rrl); doe bu~°i~n~t 5E~0qr;e 2109 Market Street Camp Hill, PA 17011 (717) 737-3405 Attorney for Plaintiff $35K Note PNC BANK, NATIONAL ASSOCIATION Plaintiff TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA ; : : NO. : : : : : CIVIL ACTION - LAW AFFIDAVIT OF NON-MILITARY SERVICE TO THE PROTHONOTARY: I do certify, to the best of my knowledge, that the Defendants, Tommy L. Bloser and Steven L. Bloser, t/d/b/a Bloser Brothers, a general partnership in the above-captioned action are not presently on active or nonactive military stares. Date: Respectfully submitted, SAIDIS, SHUF/F, FLOWEAR & LINDSAY By: K_/ail M. I~debohm, Esquire Supreme Court ID #59012 2109 Market Street Camp Hill, PA 17011 (717) 737-3405 Attorney for Plaintiff $35K Note PNC BANK, NATIONAL ASSOCIATION Plaimiff Vo TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA : : NO. : : CIVIL ACTION - LAW NOTICE TO: Tommy L. Bloser and Steven L. Bloser ffd/b/a Bloser Brothers, a general partnership 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 documents filed in support of the said judgment. IF YOU HAVE ANY QUESTIONS CONCERNING THIS NOTICE, PLEASE CALL: KARL M. LEDEBOHM, ESQUIRE TELEPHONE NUMBER: (717) 761-1881 Prothonotary $35K Note PNC BANK, NATIONAL ASSOCIATION, Plaintiff Vo TOMMY L. BLOSER AND STEVEN L. BLOSER T/D/B/A BLOSER BROTHERS, A GENERAL PARTNERSHIP, Defendants : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA : NO. 02-2046 : CIVIL ACTION - LAW PI~ ~EC.~PE TO THE PROTHONOTARY: Please mark the judgment entered in the above-captioned action satisfied. Date: Respectfully submitted, SAIDIS, SHUFF- FLOWER & LINDSAY ffupreme Court ID #59012 2109 Market Street Camp Hill, PA 17011 (717) 737-3405 Attorney for Plaintiff