HomeMy WebLinkAbout95-04847
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AGREEMENT TO POSTPONE LIEN OF JUDOMENT
WHEREAS, Labib S. Rble and w.n. R. Riak, are
the P1aintlfC.
In a Jud.lnent 1..lnRl Mel L. Rbk and ltD. Enterpri... Inc.
~ntered 01' record Sept_b.r 11, 1995 .. No. 4847 Cbil,
1995, ill Court of c:o.on Pl..., Cwab.rland Count" P..
NOW,lherel'orc, KNOW YIl, Thai III ~onKldor&tlon of the 11Im of TIN ($10.00) DOLLARS
receipt wllllrcUC I, horuby Icknowledaed cnd lu Induce ChIs. Manhattan Hort.iI.e Corporlltion
to arant
a lOIn upun thll herelnlner reelled mortillll", Ih" abuYc Pllllntlff hen:hy IIINe that the Judament entered
In Plaintiff's fllvur In thollhovo entitled case b" and th" 11Im" II hercby roltpOllod III lion, pay.
ment and dlalrlbutlon upon Iny Judlclallllhl ur Ihu b~llIw dcacrlbud Jlrcml.CA, to thu lien of I cerllln
Bond Ind Mortpae leCurll1l the payment of the Nm of ONE HUNDRED SIXTY TWO THOUSAND TWD
HUNDRED FIFTY AND ND/100 (162,250.00)
wllh Inturult alwn by Adel L. liak and Padia
B. Rilk, his vUe,
dilled Karch 27. 2000 lIIld Monlllll' bulnlllnlcnded to bu Corthwlth rceolJcd In the Of nee
for Reeordln. of Deedain Ind Cor the Cuunty Ilf CuaberllUld
at Pl., and convey In. til the IIId CHASE MANHATTAN MORTGAGE CORPORATION
6347 N. POWDERHORN ROAD, HAMPDEN TOWNSHIP, FURTHER DESCRIBED IN EXHIBIT 'A' ATTACHED
HERETO AND MADE A PART HEREOF
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ntll POltronement of ..Id Judament to have Ih. lime Corce IInd eCCec11l1 lhuullh Ihe IlIid Bond and
Mort,.,e to Cba.. Manhattan Hort.l.e Corporation
had been lIl11culed, d"lIverud and rucorilcd prior to Ihe time of the entry oC the aCore..ld Judamenlln
flvor of tho lIIld Plaintiff.
IN WITNIlSS WHERI!OF, th~bove.nam"d Plaintiff hi' clused thollC preacnu 10 he
duly Ulucutud thl, J."1 ;t, dlyof March ~D... _2000. -.
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LABIB -So am C;;lntUf)
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WAFIA ~ RIZII: l lundff)
STATE OF PENNSYLVANIA COUNT~F ~~. ~A _
On this.J:.L day of fl.lt ,., " - Ml1Q1, be~i1a ma, tha undarsignad Officar,
on this day personally appeared l B S. RIZK ANO WAFIA R. RIZK, known to ma (or
satiafactorily proved) to be the parsons whose names ara subscribad to the within
instrumant and ekknowladged that they executed the same for the purposes tharein
containad.
IN WITNESS WHEREOF,
, (Seal)
.(5..1)
I HEREUNTO SET MY HANU AND OFFICIAL SEAl. ._____ ._ . .__n____ .
I NOTARIAL SCAL
lEE DOUI;L,\~S, NoIllV Public
C!ly III (lllllobIllUh, AlIu\JllnllY (.~llnly
'1>1 2, 2002
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EXHIBIT "A"
ALL THA1' CBRTAIN parcel known IS LOI No. 58, Phuo 2, Seclion II, Hampden Heights, Ullmpden
'l'ownshlp, Cumberland County, PeMlylvanla, Iccording to a Plan ofHunpden HelghtJ for Park 111111 Welt. Inc.,
by Whll\oc:k Hartman, Rabon Hanman, R, r. n., dlled December I B, 1907 and recorded in Plln Book 5& plSo
3!1, bounded and described In accordance with Illd Plln I. follows:
BBOINNINO It I point on lhe Northern rlghl-of,wlY Une ofNonh Powderbom Road, Aid point bolas
II common propeny comer ofLat No, 58 and No. 59; lhence fiom aa1d JlOlnt ofbeclM1nsln a Westerly dlroc:don
IIOIIB laid Nonhom risht-of.way line of NOl1h Powdcrhom Road Nonh 87 dcgre0l9 mlnutOl 52 lecuMI Weal a
dbtMCe of I 10 foet to I conunon property corner of Lot No. 57 Ind loOt No, 58; lhence e10ng Lot No. 57 Nonh
2 desn:el 50 mlnutCl 0 Iccondl1!alt I diltance of 125 feollo a point IIlandl ofl)unker HI1II Plan No. 4i thonce
by aa1d landl of Bunker IlIlls Plln No.4 Soulh 87 dogrees 9 m1nulOl 52 seconds Bast I dlltlnce 01' 110 fcollo I
common property comer of Lot No. 58 and Lot No. 59j thence along Lot No. 5!J South 2 desroel 50 mlnut0l8
loconds West, I distance of 125 feet to I point on the Northern right-of.way line of North Powderhom Road,
the point ofbeglmlfna.
" DBING LoI No. 51 CODlalnlnUl3,750 squarefect orO.3156 lotOl,ulhown on the Final Subcllvalon
Plan ofr"..e No.2, Section II, II prepared by WhIltoek.Hartman, Roben G. Hartmln, Jr., P.B" R.S., dlled
December 18, 19B7.
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BHING the ..mo premises whc:lh Jay F. Weber, an 8.4721% tenant in commonllllomt owner; WlUlarn
H. Se:hultz, 122,8738% tenant In common interelt owner: Pllriela H. Splcllman, an 8,4721% tcnlnt In common
Intcroll ownerj Dlalr A. Orlmlh, I 7.4948% tenant In common Interest OWllCl; Ralph C. 1'holnll, 122.173B%
tenant In common IntCRllt owner, Chari.. J. T.lebcr1h, 111,9396% lenlnt In common Interest owner and Bltate of
Richard W. Richard. by M)'I1le L, Rlclw'ds, Bxacutrix, .22.0738% tenant in common lnterClt owner Ind Relph
C. Thein" and Nancy L, Thomu, husband and wife. dolns bualnm II Thoma Construction AuocJatea,ln file,
FUR1'UBR UNDER AND SUBJeCT to zonlns reaulatlons, ordlllUlce., ellementl, bulldlll8 and other
100Irictlonl, privllesCl and rights of public IClVlce complnlcl, rlsh" of way, reservatlonl Ind protoctlvo
COVCIIII1tl or ecord In~ thOle visible on the lubJect premises and subject to a1llgreecmnu or like mltlcra of
record ofvlslble on tho premlsel and lubJect to all righll and ownership IlIlhe public In roads. streets and
hi8hwlya, whelhcr or not opened,
SUDJnCT to Protoclivc covcnanll recorded in Cumberland County Recordl of Deed. Office In MlIC.
book 2115 plge 5!19 Ind MI.e:, Book 2!1!1 pasc 524,
"BING Parcel No. 10.17.1029.208,
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L.blb s. RIzk. w.n. K. RIzk, ObllKeeI
Plalntla,
: IN TIlE COURT OF COMMON PLEAS
: OFCUMBERLANDCOUNTV,
: PENNSVLV ANIA
v.
: JudKmenl!'iote
: No.~1clvll
Adel L. RIzk, ObllKor
Defendant
: S I SO,OOO
: Dale: c,. \\ 9~
RELEASE OF JUDGMENT U~:N
Labib S. Rizk and Wafia K. Rizk, Obligees, intending to be bound hereby, do hereby release
from the lien ofthe above judgmenlthe following premises:
ALL THAT CERTAIN PARCEL known as Lot No. 58, Phase 2, Section \I,Hampden Heights,
Hampden Township, Cumberland County, Pennsylvania, according to a Plan of Humpden
Heights for Park Hills Wesl, Inc., by Whitlock-Hartman, Robert Hartman, R,P.E. dated
December 18, 1987 and recorded in Plan Book 58, Page 39, hounded and described in
accordance with said plan as lollows:
BEGINNING at a point on the Northern Right-uf-Way Line IIfNorth Powderhom Road, sold
point being a common property comer of Lot #58 and Lot 1159; thence Irom soid point of
beginning in a Weslerly dlreclion along said Northern Right-ot~Way Line of North Powderhom
Road North 87 degrees 09 minutes 52 seconds West u distance of 110.00 feel to a common
property comer of Lot #57 wId Lol #58; thence along Lol #57 North 02 degrees 50 minules 08
seconds Enst 0 distance of 125.00 leetto 0 point at lands of Bunker Hills Plsn No.4; thence by
said lands of Bunker Hills Plan No.4 Soulh 87 degrees 09 minutes 52 seconds Ensl a dislance
110.00 feel to a common property comer of Lot ff58 and Lot 1159; thence along Lot #59 South 02
degrees 50 minutes 08 seconds West a distance of 125.00 feet to a point on the Northern Rlght-
of-Way Line of North Powderhllm Rood, the point of beginning.
BEING Lot #58, containing 13,750.00 square leel or OJ I 56 acres, as shown on the Final
Subdivision Plan of Phase 112, Sectinn \I, as preparcd by Whittock.Hortman, Robert G. Hartman,
Jr., P.E., R.S., doted December 18, 1987.
IN WITNESS WHEREOF, we set our hands and seals this date. '-
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~f~Rilk r-=z-
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Carlllle, Pennsylvanll
JUDGMENT NOTE
Dale: :s ~ '" ... \ ,1995
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5150.000.00
FOR VALUE RECEIVED, Ibe undersigned promises 10 pay to Ihe order of Labib S. Rlzk and
Wafia K. Rlzk. of Pittsbursh, Pennsylvenia, THE SUM OF One Hundred Fifty Thousand 001111I'I
($ 150,000,00), wilb inleresl al Ihe rale of II % per annum, interest only payable in qU8l1erly
inllallmenl8, cornmoncinalbree (3) monthl from Ibe dale hereof. Any inleresl paymenl due which
is not paid on time &hall not be subjecllo compound inleresl; i.e. interesl shall nol be paid on
inlerell. The balance of Ibe Nole in full plus Inleresl shall be paid five (5) years from the dale
hereof. The underligned &hall have the righllo make paymenls on accounl of principal allbe
lame rile of interest al any time wilhout penally or nolice,
FAILURE 10 make any paymenls as herein agreed, Ihis Nole shall, allhe oplion of i1s holder,
become immedialely due and payable, wilhoul demend or nOlice,
AND FURTHER, Ibe undersianed does hereby aulhorize end empower Ibe Prolbonolary or any
attorney of any Court of Record in Pennsylvania or elsewhere, 10 appear for and confess
judamenl for any sums due and payable hereon, wilh or wilhoul declaration, wilb costs of suit,
releuo of errors, wilbout stay of execulion; wilh 10% added for attorney's fees; and do hereby
voluntarily aulborizo the Prothonolary 10 direcl execulion 10 collecl said judamenl; and further
qroe Ibat said eslale may be sold al execulion, and do hereby waive and release all relief from
any and all appralsemenl, stay of execution, exemption or bankruplcy laws of Ibis or any olber
lIale now in force or hereafter 10 be passed.
W
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A 1TEST ,
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Secrelary
AOEL L. RIZK
Lf301 ~L''1I4.Q-u,)'I\... R.,a.rl.-
N.t...v~,'1' fA 17112-
MDR EN~E:~ISES. INC ~7- /
By c:...:!:<e---~;i' L LS
Officer---
I hereby certifY Ihal Ihe precise residence of Ihe Judllmenl Credilor In this Judgmcnl Is
1'1..'0(' AI. '\ , S Pittsburgh, PA. , ':f,;l./3
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