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HomeMy WebLinkAbout06-5265 _~" INTEGRITY BANK, Plaintiff, v. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 0(. -~J.'-S C'U\'ll~ LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW CONFESSION OF JUDGMENT Pursuant to the authority contained in the Note attached as Exhibit A in the Complaint filed in the above captioned case we appear for Louise S. Pletcher and confess judgment in favor of Integrity Bank against her as follows: Principal: Accrued Interest: Attorney Fees: Total: $64,000.00 316.89 6.400.00 $70,716.89* *along with additional interest after September 7, 2006 accruing at the per diem rate of $13.78 and court costs until paid in full. Respectfully submitted, McNEES WALLACE & NURICK LLC By Date: September 7, 2006 ~ Clayt W. D ldson, Esquire I.D. No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidsonla),mwn.com Attorneys for Integrity Bank ~. ~ Clayton W. Davidson, Esquire I.D. No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidson(iiJ,mwn.com Attorneys for Integrity Bank INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 6(. - SJI.S CC u ~ l '--r ~'4 v. LOUISE S. PLETCHER, Defendant CIVIL ACTION - LA W COMPLAINT FOR CONFESSION OF JUDGMENT Integrity Bank, by and through its undersigned counsel, hereby files this Complaint for Confession of Judgment pursuant to Pa.R.C.P. No. 2951(b) and in support thereof avers the following: 1. Plaintiff Integrity Bank ("Lender") is a Pennsylvania banking institution having an address at 3345 Market Street, Camp Hill, Pennsylvania, 17011. "... 2 Defendant Louise S. Pletcher is an adult individual residing at 1820 Town Hill Road, South Middleton Township, Cumberland County, Pennsylvania, 17372. 3. On June 15, 2006, Lender made a loan to Marling A. Pletcher ("Mr. Pletcher") and Defendant, husband and wife, (jointly, the "Borrowers") in the original principal amount of $64,000 (the "Loan") for a business purpose as evidenced by a promissory note (the "Note") dated June 15, 2006 and executed by Defendant and Mr. Pletcher. Attached hereto as Exhibit A and incorporated herein by reference is a true and correct copy of the Note. 4. Mr. Pletcher died on September 3, 2006. 5. The Note provides that Lender may confess judgment against Borrowers for any defaults thereunder. 6. Defendant has defaulted under the Note as a result of: (a) the death of Mr. Pletcher, (b) a material adverse change in the Borrowers' financial condition resulting from the death of Mr. Pletcher and the loss of his income and (c) Lender's belief that the prospect of payment or performance under the Note is impaired as a result of the death of Mr. Pletcher. 7. The total sums due and owing under the Note as of September 6, 2006 are itemized as follows: Principal: Accrued Interest: Attorney Fees: Total: $64,000.00 316.89 6.400.00 $70,716.89* *along with additional interest after September 7, 2006 accruing at the per diem rate of $13.78 and court costs until paid in full. 8. All conditions precedent have been satisfied to allow Lender to confess judgment against Defendant under the Note. _....-_A 9. Judgment is being entered by confession against Defendant simultaneously in Cumberland County and Perry County under the Note. 10. Plaintiff is the holder of the Note. 11. The Note was executed and delivered in connection with a business transaction and judgment is not being entered by confession against a natural person in connection with a consumer credit transaction. WHEREFORE, Plaintiff, Integrity Bank, hereby requests this Court to enter judgment by confession against Louise A. Pletcher in the amount of$70,716.89, along with additional interest accruing after September 7, 2006 at the per diem rate of $13.78 and court costs until paid in full. Respectfully submitted, McNEES WALLACE & NURICK LLC Date: September 7, 2006 By L- #-< CIa on W. vidson, Esquire I.D. No. 791 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidson(Q),mwn.com Attorneys for Integrity Bank VERIFICATION I, Carlton A. Klinger, Executive Vice President of Integrity Bank, verify that I am authorized to make this verification on behalf of Integrity Bank, and that the facts contained in the foregoing Complaint for Confession of Judgment arc true and correct to the best of my knowledge, information and belief and that the same are made subject to the penalties of 18 Pa. C.S.A. ~ 4904 relating to unsworn falsification to authorities. ~tI ~~ Carlton A. Klinger ~ ,.-' '" Sib"-; ~i+- A- ,,-' PROMISSORY NOTE References in the shaded area are for Lender'. use only and do not limit the applicability of this documant to any pa Any Item ebove contalnin 0* UM has been omitted due to text len th limitations, MARUNG A PLETCHER (SBN: 212-20-0812) LOUISE S PLETCHER (SSN: 211.26.0942) 1820 TOWN HILL ROAD YORI( SPRINGS, PA 17372 lender: InteGl'lty Blnk 3345 Marlcet Streat Camp till. PA 17011 (717) 920-4800 Principal Amount: $64,000.00 Inten..t Rate: 7.750% Date of Note: June 15, 2006 PROMISE TO PAY. MARLING A PLETCHER and LOUISE S PLETCHER ("lIQrrow.,") Jointly and severally promlH to pay to Integrtty Bank ("LenderW), or order, In lawful money of the United ~ of AmarlOll, the principal 8IIlount of Sixty-foUr Thousand & 00/100 Dollars ($64,000.00). togethar with Inter.st at the rate of 7.750% per annum on the unpaid principal balance from June 16,2006, until paid In tuU. PAYMENT. Borrow.r will pay thlaloan In Dna principal pa~nt of $84,000.00 plus Interest on June 115, 2007. Thla payment due on June 1S, 2007, will be for all prinolpafand 11II accrued Intarest not yet paid. /n adcllllon. Borrower wUl pay regular monthly PB'/IIll!nb of II111CCRlad unpaid interest due.. of each peyment date, bevlnnlng July 15, 2006, with aD subsequent Interest poymontl to be due on the ..me day of each month after that. Unle.. otherw1se IIgreed or required by appflcabkt law, peymente will be applled flrat to IIny _ulld unpaid Itrterest; the,n to prlnclplll; thBl to eny unpaid collection C05t1; end then to IIny lete chlrg... The 1II1nullllnterest rate for this Note II computed on a 3651360 bll.I.; \hit Is, by IIpplylng the retlo of the annuallnterut rate over II year at 360 daYI. multiplied by the outltandlng prlnerp.t belanee, multiplied by thl .ctull number of daya thtf princIpal balanoll Is outstanding. Borrower wDI pay Lender at Lender', address _hown ebove or at such other plllce as Lender II1llY design.. In wrtdng, PREPAYMENT. Borrower agrees that all loan feBs and other prepllid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or II. 8 result of default), exoept 8S otherwise required by law. Except for the foregoing, Borrower may pay without penelty all Or 8 portion of the emount owed earlier than It Is dua, Early payments will not, unless agreod to by Lender in writing, relieve Borrower of Borrower's obllglltlon to continue to make payments under the PllYment schlldule, Rather, early paymenta wlll reduce the principal beh,lnca due. Borrower agree. not to send Lender paymenta marked .pald In full., "without recourse", or slmllsr language. If Borrower sends such a payment, Lender may accept it without losing any of Lender's rigl1ts under this Note, and Borrower wJl/ remain obligated to pay any further amount owed to Lender. All written communlcations concerning disputod lImoun18, Including illY check or other payment Instrument that Indicates that the payment conetitutes .payment in f\.lll. of the lImount owed or thst Is tendered with other conditions or limitations or es f\.lll satisfaction of a d1aputod IImount must be mailed or delivered to: Integrity Benk, 3314 Market Straet Camp Hili, PA 17011. LATE CHARGE. If a payment is 10 days or more late, Borrower wDl be chargod &.000% of the regulllrly scheduled payment or $10.00, whichever .. greater. INTEREST AFTER DEFAULT. Upon default, including failure to pay upon final maturity, L.ender, ot It. option, may, if permitted under appIiceble law, increase the interest rate on this Note 5.000 percentage points, The Intereat rate will not exceed the maximum rate permitted by applicable law. If judgment is entered in connection with this Note, Interest will continue to accrue on this Note efter Judgment at the existing inte.rest rete provided for In this Note. DEFAULT. Each of the following shall constitute en event of default ("Event of Default") under this Note: Payment Defeult. Borrower fails to make any peyment when due under this Nota. Other Defaulta, Borrower foils to comply with or to perform any other term, obligation, covenant or condition contained in thia Note or in eny of the related documents or to comply with or to perform any term, obligation, covenant or condition contllined in any other 8lJreement between Lender and Borrower, Default in Favor of Third Partie.. Borrower or any Grantor defeultB under any loan, extension of credit, security agreement, purChase or sales sgreement, or any other agreement, In favor of any other creditor ,or person that may msterially affect eny of Borrower'. property or Borrower's ability to repay thle Note or perform Borrower's obligations under this Note or any of the related documents. Fals. Statemente. Any warranty, representation or statement made or furnished to Lender by Borrower or on Borrower's behalf under thilS Nota or the related documents is false or mlslellding in any materilll respect, either now or at the time made or flM'nished or becorn,s felee or misleading at any time thereafter. D..th or Inlo/veney. The death of Borrower or the dissolution or termination of Borrower's existence as a going business, the insolvency of Borrower, the appointment of a receiver for eny port of Borrower's property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding undar eny bllnkruptcy or insolvency laws by or against Borrower. . Credttor or Forfeltwe Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by Judicial proceeding, self-help, tapossanion or any other method" by any creditor of Borrower or by any governmental agency agalnat any collateral securing the loan. This includ811 a garnishmElnt of any of Borrower'a accounts, including deposit acoounts, with Lender, However, this Event of Default shall not apply if there is a good faith dispute by Borrower as to the vslldlty or reuonllb/eness of the claim which i. the basie of the creditor or forfeiture proceding and if Borrower give, Lender written notice of tha oreditor or forfeiture proceeding and deposits with Lender monies or a surety bond for the creditor or forfeiture proceeding, In an smO\.lnt dstermlned by Lender, in ita sole dillcretlon, as being an adequlltll reserve or bond for the dlsplJte, Eventa Affecting Guarantor. Any of the preceding events occur, with reapect to any guarantor, endorser, surety, or accommodation party of any of the indebtedness or any guaral11or, endorser, surety, or accommodation party dies or becomes Incompetent, or revokes or dlsplJtes the validity of, or liability under, any gueranty of the indebtedneaa evidenced by this Note. In tha event of a death, Lender, et its option, may, but shall not be required to, permit the guarantor's eatatll to IIssume unconditionally the obllgstions erlsing under the gUllranty In II menner 'atlsfactory to Lender, end, in doing 80, cure any Event of Default, Advarllll Change. A materittl adverse change ocours in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Nota Is impaired. InlJleurlty, Lender in good faith believes itself insecure. Cur. Provislona. If any default, other than II default In payment is c\.lrllble and if Borrower has not been given a notice of a breach of the aeme provision of this Note within the preceding twelve (12) months, It mey be cured If Borrower, lifter receiving written notice from Lender demanding oure of such default: (1) cures the defeult within ten (10) deys; or (2) if the o\.lre requlree more than ten (10) days, . Loan No: 1500142750 PROMISSORY NOTE (Continued) Page 2 immediately inltlatel stePI which Lender deems In lender's sole discretion to be sufficient to cure the defBUlt and thereafter continues end completes all re8soneble and neoessary staps sufficient to produce compliance 81 soon as reasonably practical, LENPeR'S RIGHTS. Upon def.uIt, Lender may, after giving such notices as required by applicable law, declare the entire unpaid prinolpal balanc:e on this Note and ell eccrued unpeid inter&8t immediately due, end then Borrower wlil pay that emount. ATTORNEYS' FEES; EXPENSES. Lender may hire or pey someone elsa to hl!llp collect this Note if Borrower does not pay. Borrower will pay Lender that smount. This includes, subject to any limits under applicable I"w, I.ender's attorneys' fees end Lender's legel expenses, whether or .oot there is a lawsuit, including attorneys' fees, expenses for bankruPtcy proceedings !including effortll to modify or vacate sny automatic &tay or Injunctlont, l!nd appeals. If not prohibited by applicable law, Borrower also will pay eny court costs, In 8dditlon to all other sums provided by law. JURY WAIVER. Lender end Borrower t1.,.by _Ive the right to any Jury ~Iln any lIotlon, proceeding, or counterolalm brought by either Lendar or Borrower lI1PIlnlt the other. . GOVERNING LAW. This Note will be governed bV federal law eppRcable to Lender end, to the extent not preempted by fedet'al law, the laws of tha Commonwe.1th of Pennsylvllnla without regard to ita confUcts of law provlelons. This Note has been ac~pted by Lender In the Commonw..lth of Pennsylvania. . CHOICE OF .VENUf. If there Is a lawsuit, Borrower agrees upon Lender's request to submit to the jurisdlotlon of the courts of Cumberland County, Commonwealth of Pennsylvania. OISHONOREO ITEM FEE. Borrower will pay II fee to 1.eoditr of $10.00 If Borrower makes a payment on Borrower's loan and the oheck or preauthorlzed charge with whioh Borrower paya Is later dishonored. RIGHT OF SETOFF. To the extent permitted by epplicable law, Lender reserves a right of setoff in all Borrower's IIcoountll with Lender (whether checking, savIngs, or Bome other account). This includes all acoounts Borrower hold. Jointly wlth someone else and all accoUnts Borrower may open in the future. However, this ' does not include any IRA or Keogh accounts, or any trust accounts for which setoff would be prohibited by 11Iw. Borrower authorizes Lender, to the extent permitted by IIpplicable law, 'to cherge or .etoff an lums owing on the Indebtedness against anv and all such acoounts. COLL"'T~L. Borrower ecknowl&dges this Note is secured by A finJt mortgage lien on the p(operty located at 92 Smith Road, Adams County, York Springs, Pennsylvania 17372. PATRIOT ACT. TO HELP THE GOVERNMENT FIGHT THE FUNDING OF TERRORISM AND MONEY LAUNDERING ACTIVITIES, FEDERAL LAW REQUIRES ALL FINANCIAL INSTITUTIONS .TO OBTAIN. VERIFY, AND RECORD INFORMATION THAT IDENTIfiES EACH PERSON WHO OPENS AN ACCOUNT. WHAT THIS MEANS FOR YOU: WHEN YOU OPEN AN ACCOUNT, WHETHER IT BE A DEPOSIT ACCOUNT OR A LOAN, WE WILL ASK FOR YOUR NAME, ADDRESS, DATE OF BIRTH, AND OTHER INFORM"TJON THAT WILL "lLOW US TO IDENTIFY YOU. WE MAY ALSO ASK TO SEE YOUR DRIveR'S LICENSE OR OTHER IDENTIFYING DOCUMENTS. CROSS COLLATERALIZED/CROSS DEFAULT. This loan also secures payment and performanoe of all other loans to Borrower or any guarantor. The word "Guarentor' means any guarantor, surety or IIccom()ndation party of any or all of the Loan. SUCCESSOR INTERESTS. The terms Df thi. Note shall be binding upon Borrower, and upon Borrower's heirs, personal representatives, successors and assigns. and shall Inure to the benefit of Lender and its SUCChsors and 8ssigns. GENERAL PROVISIONS. Lender may deley or forgo enforcing any of its rights 01' remedies under this Note without losing them. Each Borrower underatands and agrees that, with or without notice to Borrower, Lender may with respect to any other Borrower (e) make ona or more additional secured or unaecured Ioana or otherwise axtend additional credit; (bl alter, compromla8. renew, extend, ec;celefate, or otherwise ohange one or more times the time for payment or other terme of any indebtednllSS, Including increaa.. and decreases of the rate of interest on the indebtedness; Ic) exchange, enforce, welve, subordinate, fail or decide not to perfe<;t, and release any security, with or wlthout the substitution of new collateral; (d) apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial sale permitted by the terme of the controlrlng 88GUrity agreements, 88 Lender In Its discretion may determine; 'e) rel88s8, eubstitute, agree not to sue, or deal with anyone or more of Borrower's sureties, endorsers, or other guarantors on any terms or in eny maMar Lender may choosei and If) determine how, when and whet epplioation of payments and credits shall be made on any other indebtednass owing by such other Borr~wer. Borrower lInd any other persoo who signs, guarantees Of endorses this Note, to the extent allowed by law, waive presentment, demand for payment, and notice of d14honor. Upon any ctlange in the terms of this Note, and unless otherwise expreaaly stated in writing, no party who signs this Nate, whether as maker. guarantor, accommodatiilO maker or el'ldorser, shall be r.laaeed from liability. An such partie. agree that Lander may renew or extend (repeatedly and for any length of time! this lOin or release any party or guarantor or oollaterel; or Impair, fall to 19s1li:8 upon or perfect Londor's security interest In the collateral; and take any other action deemed necessary by Lender without the conaent l)f or notice to anyone. All such parties also agree that Lender May modify this loen without the consent of or notioe to "nyone other than the party wl~ whom the modifil:ation . made. The obligations under this Note are joint and several. If any portion of this Note is for any reS80n determined to be unanforceable, It will not affect the enforceability of any other provisions of this Note. CONFeSSION OF JUDGMENT. BORROWER HEREBY IRREVOCABLY AUTHORIZES AND EMPOWERS ANY ATTORNEY OR THE PROTHONOTARY OR Cl.ERK OF ANY COURT IN THE: COMMONWEALTH OF PENNSYLVANIA, OR ELSEWHI;:RE, TO APPEAR AT ANY TIME FOR BORROWER AFTER A DEFAULT UNDER THIS NOTE AND WITH OR WlTHOU'T COMPLAINT FILED, CONFESS OR ENTER JUDGMENT AGAINST BORROWER FoR niE ENTIRE pRINCIPAL BALANCE OF THIS NOTE ANP All ACCRU'ED INTEREST, LAn: CHARGES AND ANY AND ALL AMOUNTS EXPENDED OR AOVANCED BY LENDER RELATING TO ANY COLLATERAL SECURING THIS NOTE, TOGETHER WITH COSTS OF SUIT, AND AN A nORNEY'S COMMISSION OF TEN PERCENT 110%) 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 EXHAUSTED BY ANY EXERCISE OF THAT AUTHORITY, BUT SHAll CONTINUE FROM TIME TO TIME AND AT ALl TIMES UNTIL PAYMtNT IN FULL OF ALL AMOUNTS DUE UNDER THIS NOTE. B'oRROweR HEREBY WAIVES ANY RIGHT BORROWER MAY HAVE TO NOTICE oFi,ie A HEARING IN CONNECTION WITH ANY SUCH CONFESSION OF JUDGMENT AND STATES THAT EITHER A REPRESENTATivE OF LENDER SPECIFICALLY CALLED THIS CONFESSION OF JUDGMENT PROVISION TO BORROWER'S ATTENTION OR BORROWER HAS BEEN REPRESENTED BY INDEPENDENT LEGAL COUNSEL. .. ...."1 Loan No: 1600142750 PROMISSORY NOTE (Continued) Page 3 PRIOR TO SlGNING THIS NOTE. EACH BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS NOTE. EACH BORROWER AGREES TO THE TERMS OF THE NOTE. BORROWER ACKNOWLEDGES RECEIPT OF A COMPI.ETED COPY OF THIS PROMISSORY NOTE. ' nuS NOTE IS GIVEN UNDER SEAL AND IT IS INTENDED THAT THIS NOmlS AND SHALL CON STJTUTE A~~ THIL'jeT jO~ A ;, SEALED INSTRUMENT ACCORDING TO LAW. ' ~ ~f \-. -' ,!~ \ '/ ' j i BORROWER, J U ,U ) <J CJ L x~~~:;... .~ .... .~tt@).~~1t~~~~~.~10.~'it~r~'SealJ MAR LENDER: INTEGRITY BANK x~ UMIIIPJIIOL.-tlllng, v.. ..u.oa.lIIK CDpr. HIlI1INI..,.....IIISakI....... ill" 1"'. IDOl. M Nt"'............. . M K.I&QPNCaCfI\UI.\M.OJIIC "..,.." """,. 0-,.:)~ ~'f.\\ ~ ~ Vl ~ "-> ).J ~ lI'l r c-,t ~ ~ ~ - ~ \11 0- -0 r- ~ I \ (.) .' r ,-' \....~} INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 0(. --S'2~~ CI'o~'L'~ LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW CERTIFICATE OF RESIDENCE I hereby certify that Louise S. Pletcher resides at 1820 Town Hill Road, York Springs, Pennsylvania 17372. McNEES WALLACE & NURICK LLC Date: September 7, 2006 By Clay to W. Da I.D. No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidson(tV,mwn.com Attorneys for Integrity Bank n r-,1 ( c.....\ .--\ -,- ~ t C' ("..\ \,,;.,) v. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. Dl. -S-.u~ Cto~t~lCIz-~ INTEGRITY BANK, Plaintiff, LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW AFFIDAVIT OF NON-MIL IT ARY SERVICE AND LAST -KNOWN ADDRESSES OF LOUISE S. PLETCHER COMMONWEALTH OF PENNSYLVANIA : SS. COUNTY OF DAUPHIN The undersigned, being duly sworn according to law, deposes and says that to the best of my information and belief, Louise S. Pletcher is not in the Military or Naval Service of the United States or its Allies, or otherwise within the provisions of the Servicemembers Civil Relief Act, flkla the Soldier's and Sailor's Civil Relief Act of 1940,50 U.S.C. App. 501, et seq. Louise S. Pletcher is over eighteen (18) years of age and was last known residing at 1820 Town Hill Road, York Springs, Pennsylvania 17372. SWORN and subscribed to before me this 7th day 6Z.eptember, 2006. It. y[ 13tlAi~ Notary Public My Commission Expires (SEAL) rn OF PENNS ~ Notarial Seal Lisa R. Barker, Notary Public CIty of Harrlsbu~, Dauphin County My Commission Expires Nov. 5, 2008 -~ " '. c- c," .....) INTEGRITY BANK, Plaintiff, v. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 01- -~:l.1.S C;U~ L't-ee-"'1. LOUISE S. PLETCHER, Defendant CNILACTION - LAW NOTICE OF ENTRY OF JUDGMENT TO: Louise S. Pletcher 1820 Town Hill Road York Springs, PA 17372 You are hereby notified that on~, 2006, a judgment by confession was entered against you in the above-captioned case in favor of Integrity Bank as follows: Principal: Accrued Interest: Attorney Fees: Total: $64,000.00 316.89 6.400.00 $70,716.89* *along with additional interest after September 7, 2006 accruing at the per diem rate of $13.78 and court costs until paid in full. DATE: q/P/Ob I f -- Clayton W. Davidson, Esquire I.D. No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (phone) (717) 237-5300 (Fax) cdavidson(tV,mwn.com Attorneys for Integrity Bank INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant CNIL ACTION - LAW PRAECIPE TO ATTACH VERIFICATION TO THE PROTHONOTARY OF CUMBERLAND COUNTY: Please attach the original verification attached hereto as Exhibit A signed by Carlton A. Klinger on behalf of Integrity Bank to the complaint filed on September 8, 2006. Respectfully submitted, McNEES WALLACE & NURICK LLC Date: September 18, 2006 By CIa on W. avidson, Esquire I.D. No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidson@mwn.com Attorneys for Integrity Bank ." - VERIFICATION I, Carlton A. Klinger, Executive Vice President of Integrity Bank, verify that I am authorized to make this verification on behalf of Integrity Bank, and that the facts contained in the foregoing Complaint for Confession of Judgment are true and correct to the best of my knowledge, information and belief and that the same are made subject to the penalties of 18 Pa. C.S.A. ~ 4904 relating to unsworn falsification to authorities. ~vI~ Carlton A. Klinger {A834542:} () ,..." ~ = c. = ~ r::r- ~ ~Co en rr.1 fT\ ~~ :T' -0 ZC N :n '!' (J). ... c::> 90 ::./ ""' ~c:; _~ "T. 2::(; :P' CJ:D :x ~7'O ~n .r-(Tl )>c: I.f? 9 z ~ ~ N 0 \ "- INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW RETURN OF SERVICE REGARDING NOTICE UNDER Pa.R.Civ.P. 2958.1 OF JUDGMENT AND EXECUTION THEREON Plaintiff, Integrity Bank, files this Return of Service in accordance with Pa. R. Civ. P. 2958.1(c) and hereby swears and affirms that Defendant, Louise S. Pletcher, was served with (a) Notice of Entry of Judgment pursuant to Pa.R.C.P. No. 236, (b) Notice required by 42 Pa.C.S.A. S2737.1 and (c) Notice under PA Rule Civil Procedure 2958.1 by Certified Mail- Restricted Delivery on September 19,2006,2006, at 1820 Town Hill Road, York Springs, PA 17372 as provided by Pa.R.Civ.P. 403, as is evidenced by a true and correct copy of the Certified Mail card signed by Louise E. Pletcher. Respectfully submitted, McNEES WALLACE & NURICK LLC Date: September 25, 2006 By CIa on W. Davidson Attorney LD. 79139 100 Pine Street P.O. Box 1166 Harrisburg, P A 17108-1166 cdavidson@mwn.com Phone: (717) 232-8000 Attorney for Integrity Bank \ -.. ,_ ,,,,---..--_,,"','-''c..__._..,~_.,,--,.._._. '"'- --.--,.-,..-......,--..+..,......-- 7J.L.D 3-1JJ. .ai.. 511tii! saitO Louise S. Pletcher 1820 Town Hill Road York Springs, PA 17372 >;i~,'" 21328-0077 225 - Davidson IPS Form 3811, January 2005 t' Domestic Return Receipt. ~ g; eft r'\ -0 N c::J' ~ ~e rr. ~C. i.~)b ~ ~~ r:-?JD o :-<. Ui Marc A. Scaringi, Esquire Supreme Court ill No. 88346 Scaringi & Scaringi, P.C. 2000 Linglestown Road, Suite 103 Harrisburg, PAl 7110 717-657-7770 717-657-7797 (f) marc@scaringilaw.com Attorney for Louise S. Pletcher INTEGRITY BANK, Plaintiff : IN THE COURT OF COMMON PLEAS : OF CUMBERLAND COUNTY, : PENNSYLVANIA v. : NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant : CIVIL ACTION-LAW PETITION FOR RULE TO SHOW CAUSE WHY THE JUDGMENT BY CONFESSION SHOULD NOT BE STRICKEN/ OPENED/ MODIFIED AND NOW, comes the Defendant, Louise S. Pletcher, by and through her attorney, Marc A. Scaringi ofScaringi & Scaringi, P.C., who petitions the Court as follows: 1. On or about September 8, 2006, the Plaintiff entered judgment by confession against the Defendant in the amount of$70,716.89 by filing a Notice of Entry of Judgment with the Cumberland County Prothonotary. 2. Also, on or about September 8, 2006, Plaintiff filed in this Honorable Court a Complaint for Confession of Judgment requesting entry of judgment against Defendant in the amount of$70,716.89, along with additional interest accruing after September 7, 2006 at the per diem rate of$13.78 and Court costs until paid in full. 3. Plaintiff enters judgment pursuant to a confession of judgment paragraph set forth in a Note signed by Defendant and her husband, Marling A. Pletcher on or about June 15, 2006. 4. Pursuant to the Note, Defendant and her husband Marling A. Pletcher borrowed the principal amount of $64,000 under an agreement whereby they would pay to Plaintiff said principal amount plus unpaid accrued interest at the rate of7.75% per annum on or about June 15,2007. Borrower agreed to pay regular monthly payments of all accrued interest from July 15,2006 to June 15,2007. 5. Plaintiff files the Complaint to enter judgment by confession because Plaintiff alleges Defendant is in default of the underlying Note for the reasons set forth in the Complaint, all of which according to Plaintiff arise from the death of Defendant's husband, Marling A. Pletcher. 6. Defendant avers Marling A. Pletcher died on September 3, 2006. 7. Within days of the death of Marling A. Pletcher, Plaintiff sent Defendant a notice that it had entered judgment by confession and filed within Complaint against Defendant. 8. Plaintiff took these actions against Defendant even though Defendant was current on the installment payment agreement set forth in the Note and the loan is not due until June 15,2007. 9. Plaintiff did not ask Defendant to pay the loan in full prior to entering judgment and filing the within Complaint. 10. Instead, Plaintiff entered judgment and filed the within Complaint in which it is requesting the Defendant pay the principal amount owed of $64,000, plus 2 $316.89 in accrued interest, plus $6,400 in attorney's fees, which said fees are 10% of the principal sum as set forth in the Note. PETITION TO STRIKE/OPEN JUDGMENT BECAUSE BORROWER IS NOT IN DEFAULT AND JUDGMENT BY CONFESSION CAN ONLY BE ENTERED AGAINST DEFENDANT IF DEFENDANT IS IN DEF AUL T 11. Defendant avers she is not in default of the Note as set forth in more detail below: a. The Borrower is not deceased. The Note states that the"Borrowef' is Marling A. Pletcher and Louise S. Pletcher. Only Marling A. Pletcher is deceased. Defendant is alive and is still the''Borrower~' b. There has not been a material and adverse change in Borrowers financial condition. c. Plaintiffs prospect for payment or performance under this Note is not impaired as a result of the death of Mr. Pletcher. Defendant continues to make timely payments under the Note. 12. Plaintiffhas failed to prove Defendant is in Default. 13. In the event this Court deems that Defendant is in default, Defendant avers said default is not material. WHEREFORE, the Defendant requests that this Honorable Court strike or open the judgment entered by Plaintiff against Defendant on or about September 8, 2006 in the amount of$70,716.89. 3 PETITION TO MODIFY JUDGMENT BY REDUCING PLAINTIFFS COUNSEL FEES BECAUSE SAID FEES ARE EXCESSIVE. UNREASONABLE. UNCONSCIONABLE AND INEQUITABLE 14. Defendant avers counsel fees of $6,400 are excessive, unreasonable, unconscionable and inequitable, particularly because Plaintiff never asked Defendant to pay the loan in full, Defendant is current on the monthly installments of interest on the loan, the loan is not due until June 15,2007 and the alleged reason why Plaintiff desires to confess judgment is because Defendant's husband died. 15. Defendant avers that Plaintiff should not be entitled to recover attorney's fees should judgment by confession be entered against the Defendant. 16. Defendant believes and avers Plaintiff did not make a demand for payment of the money due, Defendant does not dispute the money owed and is ready to pay the amount due on or before maturity. Thus, Plaintiff is not entitled to recover attorney's fees. See Lindley v. Ross, 137 Pa. 629, Pa Supreme Court (1890) and Moore v. Kilgore, 110 Pa. 433 (1885). 17. In the alternative to eliminating Plaintiffs recovery of attorney's fees, Defendant requests this Honorable Court employ its equitable powers to reduce Plaintiffs attorney's fees. See PNC Bank v. Bolus, 655 A.2d 997 (Pa. Super 1995); in this case the Pennsylvania Superior Court approved the Trial Court's reduction of Plaintiffs attorney's fees in the amount of $70,647.77, which represented the 10% of the principal amount as set forth in the confession of judgment clause, to the amount of $1 0,000. WHEREFORE, Defendant prays that this Honorable Court eliminate Plaintiffs attorney's fees or in the alternative reduce Plaintiffs attorneys fees to a reasonable and equitable amount. 4 MeA. Sc gi, Esq . e Attorney r t e Defendant Supreme Court ill No. 88346 Scaringi & Scaringi, P.C. 2000 Linglestown Road, Suite 103 Harrisburg, PAl 711 0 717-657-7770 717-657-7797 (f) marc@scaringilaw.com 5 VERIFICATION I, Louise S. Pletcher, Defendant in the above-captioned action, verify that the facts contained in the foregoing Petition for Rule to Show Cause Why The Judgment By Confession Should Not Be Stricken, Opened or Modified are true and correct to the best of my knowledge, information and belief and that the same are made subject to the penalties of 18 Pa. C.S.A. S 4904 relating to unsworn falsification to authorities. ~J~ J/lJtU Louise S. Pletcher 6 , . INTEGRITY BANK, Plaintiff : IN THE COURT OF COMMON PLEAS : OF CUMBERLAND COUNTY, : PENNSYLVANIA v. : NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant : CNILACTION-LAW CERTIFICATE OF SERVICE I, Debra L. Logan, Paralegal for Scaringi & Scaringi, P.C., do hereby certify that a copy of the Petition for Rule to Show Cause Why The Judgment By Confession Should Not Be Stricken I Opened I Modified and the Proposed Order in the above-captioned action have been duly served upon Clayton W. Davidson, Esquire, of the Law Firm of McNees, Wallace & Nurick, LLC, attorneys for Integrity Bank, on October /7, 2006, by depositing same in the United States Mail, First Class, Postage Prepaid, by Certified Mail and with a Certificate of Mailing, and by regular United States Mail, addressed as follows: Clayton W. Davidson, Esquire McNees, Wallace & Nurick, LLC 100 Pine Street P.O. Box 1166 Harrisburg, P A 17108-1166 Date: (OIL /7 U{)& ~tL- I Debra L. Logan t-.~9~ { f:-'-' (') r-) "'i"1 ::1 ..._.il._ ;11 _.1 -j_: f"-) .c' INTEGRITY BANK, PLAINTIFF IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 06-5265 CIVIL V. LOUISE S. PLETCHER, DEFENDANT CIVIL ACTION - LAW ORDER OF COURT AND NOW, this 30th day of October, 2006, upon consideration of the Defendant's Petition for Rule to Show Cause Why the Judgment by Confession Should Not Be Stricken/Opened/Modified, IT IS HEREBY ORDERED AND DIRECTED that: 1. A Rule is issued upon the Plaintiff to show cause why the relief requested should not be granted; 2. The Plaintiff will file an answer on or before November 20, 2006; 3. If no answer to the Rule to Show cause is filed by the required date, the relief requested by Defendant shall be granted upon the Court's receipt of a Motion requesting Rule be made Absolute. If the Plaintiff files an answer to this Rule to Show Cause, and the answer raises disputed issues of material fact, an evidentiary hearing will then be scheduled. The Prothonotary is directed to forward said Answer to this Court. 4. All action by Integrity Bank to execute judgment is stayed pending further Order of Court. By the Court, bas ~" M. L. Ebert, Jr., Aayton W. Davidson, Esquire Attorney for Plaintiff ~arc A. Scaringi, Esquire ~ Attorney for Defendant \j\\\\'4i\lFSNN3d \ i' .,., (~,-, re' ',' "~, ,--,,.,,/,>.\1""" 1'_1.1"\\ c\) .' ' ,'-'T.'i;\f "l\. I,J to f: ~Z Hd Ot: 1.'30 qUUl A"'" p'" ;..;' \ "1\-ti. :10 ~,," \ \ ,,',.; ,.." ( c.r'\ - ' U ~_V' \\,J' 1~1.-\'_/1..,'l,.., ...Jl 38H:\C<13l\:\ INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW INTEGRITY BANK'S RESPONSE TO LOUISE S. PLETCHER'S PETITION TO OPEN. STRIKE AND/OR MODIFY Integrity Bank, by and through its undersigned counsel, McNees Wallace & Nurick LLC, hereby files this Response to Louise S. Pletcher's Petition to Open, Strike and/or Modify and in support thereof avers the following: 1. Admitted. 2. Admitted. 3. Admitted. 4. Admitted. 5. Admitted. 6. Admitted. 7. Admitted with clarification. Integrity Bank admits that it confessed judgment against Louise S. Pletcher ("Pletcher") in the above captioned case on September 8, 2006 and thereafter served notice of the confession of judgment in accordance with Pa.R.C.P. No. 2958.1 upon Pletcher on September 19, 2006. 8. Admitted. Integrity Bank confessed judgment against Pletcher in accordance with the terms of the note in question (the "Note"). 9. Admitted. 10. Admitted. PETITION TO STRIKE/OPEN JUDGMENT BECAUSE BORROWER IS NOT IN DEF AUL T ANJ;> JUDMGENT BY CONFESSION CAN ONLY BE ENTERED AGAINST DEFENDANT IF DEFNEDNA T IS IN DEF AUL T 11. Denied. Pletcher has defaulted under the Note as a result of: (a) the death of Mr. Pletcher, (b) a material adverse change in her financial condition resulting from the death of Mr. Pletcher and the loss of his income and (c) Integrity Bank's belief that the prospect of payment or performance under the Note is impaired as a result of the death of Mr. Pletcher. Integrity Bank notes that the Note merely requires Pletcher to make interest payments thereunder and $64,000 was due and payable thereunder on June 15,2007. Mr. Pletcher was the main "bread- winner" of the Pletcher household and now, Pletcher does not have a reliable source of income to pay the Note. 12. Denied. Integrity Bank has proven Pletcher has defaulted under the Note and validly confessed judgment against Pletcher in the above captioned case. 13. Denied. Pletcher is in material default under the Note. WHEREFORE, Plaintiff, Integrity Bank, hereby requests this Court to deny Louise E. Pletcher's Petition to Open, Strike and/or Modify filed in the above captioned case. PETITION TO MODIFY JUDGMENT BY REDUCING PLAINTIFF'S COUNSEL FEES BECAUSE SAID FEES ARE EXCESSIVE. UNREASONABLE. UNCONSCIONABLE AND INEOUIT ABLE 14. Admitted in part and Denied in part. Integrity Bank admits that it did not request Pletcher to pay the underlying loan be paid in full before confessing judgment against her, however, said condition precedent is not required under the Note. Integrity Bank further admits that Note matures on June 15, 2007. Integrity Bank denies all remaining averments of this paragraph. 15. Denied. The Note provides that Integrity Bank is entitled to attorney fees and the 10% attorney's fee commission is merely a cap of the attorney's fees that Integrity Bank may charge in this matter and is used to calculate a sum certain so that judgment could be confessed against Pletcher. Integrity Bank is limited by this cap and may only charge reasonable attorney's fees in any execution proceeding under the Note despite this cap. 16. Admitted in part and Denied in part. Integrity Bank admits that it did not request Pletcher to pay the underlying loan in full before confessing judgment against her, however, said condition precedent is not required under the Note. Integrity Bank is entitled to its reasonable attorney's fees in this matter pursuant to the terms of the Note and existing case law. Integrity Bank contends the cases cited by Pletcher are factually distinguishable because Pletcher was not ready, willing and able to pay the underlying loan in full before Integrity Bank confessed judgment against her. Pletcher was free to attempt to negotiate a notice provision in the Note before Integrity Bank confessed judgment and she failed to do so in this case. 17. Admitted in part and Denied in part. Integrity Bank admits this Honorable Court has the equitable power to reduce Integrity Bank's judgment for attorney's fees in the above captioned case. Integrity Bank denies all remaining averments of this paragraph. By way of further response, the 10% attorney's fees commission is merely a means to calculate a sum certain so that judgment may be confessed against Pletcher. Integrity Bank is limited by this cap and may only charge reasonable attorney's fees in any execution proceeding under the Note despite this cap. WHEREFORE. Plaintiff, Integrity Bank, hereby requests this Court to deny Louise E. Pletcher's Petition to Open, Strike and/or Modify filed in the above captioned case. Respectfully submitted, McNEES WALLACE & NURICK LLC Date: November 16, 2006 By ~ dson, Esquire PA Attorney I. . No. 79139 McNees Wallace & Nurick LLC 100 Pine Street P.O. Box 1166 Harrisburg, PAl 71 08-1166 (717) 232-8000 (Phone) (717) 237-5300 (Fax) cdavidson@mwn.com Attorneys for Integrity Bank CERTIFICATE OF SERVICE The undersigned hereby certifies on this day that a true and correct copy of the attached document was served by first-class United States mail, postage prepaid, addressed as follows: Marc. A. Scaringi, Esquire Scaringi & Scaringi, PC 2000 Linglestown Road, Suite 103 Harrisburg, PAl 711 0 Date: November 16, 2006 1"--.;1 C,.;':'> r.:? c..r~ -J -r! ~:':l;o r::? .c- 1"...:. INTEGRITY BANK, PLAINTIFF : IN THE COURT OF COMMON PLEAS OF : CUMBERLAND COUNTY, PENNSYLVANIA NO. 06-5265 CIVIL V. LOUISE S. PLETCHER, DEFENDANT CIVIL ACTION - LAW ORDER OF COURT AND NOW, this 27th day of December, 2006, upon consideration of the Defendant's Petition for Rule to Show Cause Why the Judgment by Confession Should Not Be Stricken/Opened/Modified and the Response of the Plaintiff thereto, IT IS HEREBY ORDERED AND DIRECTED that counsel in the above captioned case shall meet with this Court on Wednesday, February 7,2007 at 8:30 a.m. in chambers of Courtroom NO.5 of the Cumberland County Courthouse, Carlisle, Pennsylvania. By the Court, ~~~ J. M. L. Ebert, Jr., ~yton W. Davidson, Esquire Attorney for Plaintiff ~rc A. Scaringi, Esquire 'o.~. Attorney for Defendant << r--. ~ bas ~ 6'h -7 'I-l [7 '1';0 ql'lOl . f 'v ~"l... ..v \",.'-i' 0,1'\1 , INTEGRITY BANK, PLAINTIFF V. LOUISE S. PLETCHER, DEFENDANT IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 06-5265 CIVIL CIVIL ACTION - LAW ORDER OF COURT AND NOW, this 2nd day of February, 2007, having been advised that a settlement has been reached in the above captioned case, the meeting with counsel scheduled for February 7,2007 at 8:30 a.m. is cancelled. Clayton W. Davidson, Esquire Attorney for Plaintiff Marc A. Scaringi, Esquire Attorney for Defendant bas By the Court, ,~ M. L. Ebert, Jr., 14~ ~ ,;?tJ)..o7 ~ J. I Z : I ~!d 2 - B3.:J LOOl ^':. 'Wi (')..,\', ,'..:.4 ::1\...11 _IU"'" 0''''''''''''-'1 ~--__-, j.,...~.J_.,~..........1 .:J :)8l::!::<}-O~l!::l . .... INTEGRITY BANK, Plaintiff, IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 06-5265 Civil Term LOUISE S. PLETCHER, Defendant CIVIL ACTION - LAW PRAECIPE TO SATISFY JUDGMENT. DISCONTINUE ACTION AND DISSOLVE ALL WRITS TO THE PROTHONOTARY OF CUMBERLAND COUNTY: Please mark the judgment entered in the above captioned case as satisfied, discontinue the action with prejudice and dissolve any and all writs. McNEES WALLACE & NURICK LLC Date: February 26, 2007 By . I ~ CIa n . Da 'ason, Esquire Attorney I.D. o. 79139 100 Pine Street P. O. Box 1166 Harrisburg, P A 171 08-1166 Phone: (717) 232-8000 Fax: (717)-237-5300 cdavidson@mwn.com Attorneys for Integrity Bank. I ~ CERTIFICATE OF SERVICE I, Clayton W. Davidson, Esquire hereby certify that a true and correct copy of Integrity Bank's Praecipe to Satisfy Judgment, Discontinue Action and Dissolve All Writs was sent by first class, U.S. mail to the following: Marc. A. Scaringi, Esquire Scaringi & Scaringi, PC 2000 Linglestown Road, Suite 103 Harrisburg, PAl 711 0 Date: February 26, 2007 r..:l c=> ::3 -n g N dJ .- ~ ~-r1 rl"l --= ''0 bj~, -1.)'--- (:) ') ..--1 "''f_ ",,,-n Q (") /.,.rn o -\ "::>' ~ ';tl'" -- ~ ..- - v' U1