HomeMy WebLinkAbout95-02252
4. Attached as Exhibit "A" is a true and correct copy of the
Judgment Note in favor of the Plaintiff, SEBKO Associates, executed
by authorized representatives of the Defendant, credit Car Company,
which Note was duly executed as part of a commercial transaction by
Defendant in February of 1995 (hereinafter the "Note").
5. Judgment has not been entered on this Note in any
jurisdiction.
6. Defendant is in default under the Note, in that it has
failed to make the final installment falling due under the Note on
April 15, 1995.
7. The total amount currently due and owing by Defendant to
Plaintiff under the Note is $5,000.00, consisting of the final
installment payment due under the Judgment Note of February 1995.
8. A warrant of attorney is contained in the Note, which
warrant authorizes Plaintiff to confess judgment against Defendant
for all amounts due under the Note, which as aforesaid totals
$5,000, plus 6 percent (6%) interest per annum from April 15, 1995
to the present, or $50.00 for a total of $5,050.00.
9. By reason of the aforesaid, plaintiff is authorized to
confess judgment against the Defendant for the amount of $5,050.00.
- 2 -
Exhibit A
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JUOGN!N'1' NOTE
'15,000.00
MARRXiBURG, PBKl8YLvaM1A
rE'RUARY , 1995
rea vaLUE RECEIVED and intending to be legally bound, CIIDIT
CAR COJIl'UY (hereinafter "Obligor"), promises to pay to the ot'der
of IUI(O USOCIATIS (hereinafter "Obl1qee"), the SUIII ot Fitteen
Thousand and 00/100 ($15,000.00) Dollars. This $15,000 is to be
paid as follows: 1) $5,000 is to be paid by Friday, February 3,
1995; 21 $5,000 io to be paid on or before March 15, 1995; and 3)
$5,000 II to be paid on or betore April 15, 1995. It the scheduled
payments are not timely made when due, interest at the rate of six
percent (6') per annUIII shall be payable on the balance due, eVen
after entry ot judgment on this Note.
UD .uJl'fIJIR, upon default, Ob1!ljor hereby authorizes lInd
upowers the Prothonotary or any Attorney of any Court of record of
pennsylvania or elsewhere to appear for and onter judqment aqain.t
it for the above sum, with costs of Buit, release of errors and
w1thout stay of execution; and Obliqor hereby aqree. not to make
any motion or any application whatsoever to any Court for an
inquisition on any real estate that lIIay be levied upon to collect
the aforesaid SUIII, and Ob1iqor voluntarily condemns Bame, and
authorizes the Prothonotary to enter aaid voluntary condemnation
upon the Writ of Execution. Obliqor agrees that any property,
real, personal or mixed may be aolel through II writ of Execution and
further hereby waives and releases all relief froll IIny and all
appraisements, stay or exemption laws of any state now in force or
which are passed hereafter.
Tbe ulleSeraiCJDeeS veri fie. tbat the atat..ellta .alSe ill tbis
Jucl91lellt lIote are true IIlleS cOl'rec:t. Tbe IUlcSeraiqDed
UIllSel'ataDlSs tbat fala. atat".llta bereill are _de aU!lj.ot
to tbe pellalt1ea of 1. Pa. C.I.A. 5 ttOt, I'elatillg to
lUla.orll falaific:at1oll to authoritie..
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