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121,052.00
September a 1994
JUDGMENT NOTE
FOR V ALOE RECEIVED, receipt of which is hereby aeknowledged, and intendins to be
leaally bound, and in c:onsideration of the settlement of Civil Aetion No. 4040 CIVIL 1992 in the
Court of Common Pleu of Cumberland County, Pennsylvania, PAUL D. THRUSH, JR. and
ELJ:ANOR A. THRUSH, his wife, both adult individuals principally reaidiDa at 972 West Old
York Road, Carlisle, Cumberland County, Pennsylvania 17013 (hereinafter referred to u
"Obliaor"), promises to pay to the order of DUANE J:, GLUNT, an adult individual principally
ruidina at 121 Nonh Bedford Street, Carlisle, Cumberland County, Pennsylvania 17013
(hereinafter referred to u "Oblisee"), the sum of Twenty-one Thoullllld Fifty-two and 001100
($21,052,00) Dollars, without offset, payable in equal monthly principal and interest installmentl
of Two Hundred and no/loo ($200.00) Dollars, said payments 10 commenee upon execution
hereof, and continue for eaeh subsequent conseculive month unlil sll sums due hereunder are paid
in fUll, said monthly installment payment to be paid not later than the first day of eaeh said month.
The interest rite Ipplieable hereto shall be calculated on an annual buis It a rite of five and one
qUll1er percenl (5,25%), Notwithstanding the above, in the event that Obliaee becomes in default
hereunder for any reuon, then the interest charge applied hereto shaI1 be at I rate of ten percent
(10%) of any oulllandina balanee then owed to Oblisor at the time of said default and said rite
shall continue until said defaul& has been cur"" in full, Any and all plyments made hereunder shaU
be Ipplied 10 interest first and then to principal second. Obliaor may prepay in whole or in part
any portion of the principal or interest due hereunder without penalty at any lime.
This Judsmenl Note is siven in consideration of Obligee dismi,sing the above-mentioned
lawsuit apinlt Obligor. Any and all paymenll made hereunder shaI1 be made payable to lhe law
firm of Irwin. McKniaht &. "ups ., 60 West Poroftet Street. Carlisle. PeM~lvanil 17013.
wilhin the above described time periods, Further, this Judsment Note may be entered of record at
any time II the sole option of Obligee by confessing Ihe same pursuant to lhe parl8l'aph directly
below reprdless of whether Obligor is in default hereunder,
Upon default of any of lhe covenants and promise, set forth herein or in makinS any of the
payments u required hereunder, lhe Oblisor does hereby IUthorize and empower any ettorney of
any c:oun of record of Pennsylvania or any other jurisdiction to Ippear far the undersianed and to
enter judament apiost the undersianed in favor of Iny holder of lhis judgment note for the
4lUtl1andina balance due hereunder, with Of wilhout declaralion, losether with interest lhen due.
and toaether with costs of suit, release of errors, and tosether with an attorney's commission of
tift (10%) percent, and lhe undersip"" hereby specifically waives and releases any and aU benefit
and reW tom any and all appraisement, stay or exemplion laws of any stlte now in force or
hereinafter to bt passed. Judiment hereunder may be confessed on executed or pholostltic
.
.
DISCLOSURJ: STATEMENT
The undenisned. PAUL D. THRUSH, JR. .ad ELEANOR A. THRUSH. hit wife,
haYina read this document in it. entirety, and fully undltltllldina it, hereby .tates, admit..
a<:bowledpa, and certifte. the following:
1. We have. this day, sisned . 1udsment Note in which we jointly promi.. to pay to
DUANE I. GLUNT the sum of Twenty-one Thouund Fifty-two and 00/100 ($21,052.00)
Doliva.
2. The said judsment note gives the entity who hold. or owns the note the riiht to
ftJe and enter judsment apinst us without any prior notice to us and without any riaht of formal
plead.ina. notice. or hearina for u. before the entry of said judsment.
J. Such I judsment entered lpinst u. willautomaticalJy create I lien on all reaJ
estate owned by u. at that time, whether we own it now or aequire it I.ter.
4. Such Ijudsment entered apinst u. will entitle the entity who owns 01 holds such.
judtpDent to iSlUe execution against our property which can result in the Sherift" physicalJy
Ittaehina or takins posse.sion of said property and Mlling it at a Sherift's Sale,
5. That we will be eompelled and required to hire an Ittomey to ftJe formal
document. to open or strike such I judsment ifwe have. valid defense to the aetion taken IJIinst
us, and without those documenl. being ftled, we will IIOt have a risht to . hearins 01 trial 011 such
judtpDent matter,
6, That we have an income which.t least S 10,000, 00 per yeal,
ADDRESS: 972 Wilt Old York Road, Carlisle. Penn.ylvania 17013
~c~J/
PAUL D. THRUSH, JR. '
ttb~.h~ -n2Jy ~
ILlANOR A. THRUSH
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