HomeMy WebLinkAbout94-00737
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ND, 73 7 C /99j
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.7UDGMl'lNT NOTE
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$8,797.73
Culhle 1'5.
April 27, 1993
I
fOR VALUl'l Rl'lCEIVl'lD, thl! undersigned ("MAKl'lR") promise (8)
to pay to the order of SIIIPPl'lNSBURG Dl'lVELOPl'lRS BUILDl'lRS, INC.
the principal sum of l'lIGHT THOUSAND Sl'lVl'lN HUNDRl'lD NINl'lTY Sl'lVl'lN
AND 73/100 DOLLARS ($6,797.73) with interest on the unpaid
principal balance from the date of this NOTl'l, until paid, at
the rate of nine (9\) percent per annum. Principal and interest
shall be payable at 146 Gutshall Road Shippensburg, Pa. 17257,
or such other place as the NOTE holder may designate in
consecutive monthly installments of ONE HUNDRED EIGHTY AND
26/100 DOLLARS ($160.26) beginning June 1, 1993. Such monthly
installments shall continue until the entire Indebtedness
evidenced by this NOTE 18 paid In full, except that any remaining
indebtedness if not sooner paid, shall be due and payable on
MAY 1,1997.
If the MAKER shall fail to pay any sum required to be paid
under the terms' of thi s NOTE within f Ivo (5) days after the
same becomes due or payable, or if tho MAKER shall fail to
perform any other provision hereof, then the balance of the
debt eVidenced by this NOTE, with all arrearages of Interest
thereon and all sums due shall, at the option of the holder,
become due and payable Immediately without notice to the MAK!:R,
and execution of suit may commence immediately for collection
together wHh the cost of suit and an attorney I s oommlssion
of (15') percent.
ANO FUR~HER, MAKER hereby authorizes and empowers any
ATTORNEY of any COURT of RECORD of Pennsylvania, or elsewhere,
to appear for and to enter judgment against it for the sum,
with or without declaration, with costs of suit, release of
errors, without stay of execution, and with fifteen (15') peroent
added for collection fees, and also Maker 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, snd
authorize the Prothonotary to enter upon the Writ of Execution
said voluntarily condemnation, and further agrees that said
real estate may be sold on a Writ of Execution, and hereby waives
and releases all relief from any and all appraisement, stay
or exemption laws of any state, now in force or hereinafter
to be pasoed. The authority herein granted to confess judgment
shall not be exhausted by any exercise thereof but shall continuo
from time to time and at all times until full payment of all
said amounts.
Presentment, notice of dishonor, and protest are hereby
waived by all makers, sureties, guarantors and endorsers hereof.
This NOTE shall be the joint and several obligations of the
makers, sureties, grant.ors and endorsers and shall be binding
upon them and their successors and assigns.
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