HomeMy WebLinkAbout96-00615
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No. ql.. - L /-l' Civil Term
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Court of Common Pleas
Cumbo Co.
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JUDGMENT NOTE
$2,591.00
'-/7t:'tUI1L/uV IJ 1915
Oq~ , 1995
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sf: J}t'tl<.o'IdJiV
AND NOW, this I day of .october, 1995, FOR VALUE
RECEIVED, this Judgment Note is made by and between the
undersigned, MICHAEL R. WHITEHEAD and JEAN WHITEHEAD,
(hereinafter referred to as "Obligors") and SILVER SPRING
TOWNSHIP AUTHORITY, a municipal corporation (hereinafter referred
to as "Obligee").
Obligors, and their executors, administrators, successors
and assigns are held and firmly bound unto Obligee, and its
successors and assigns, and Obligors do hereby promise to pay to
the order of Obligee, without defalcation, the principal sum of
Two Thousand Five Hundred Ninety-one and NO/100 ($2,591.00)
Dollars, together with interest on the entire unpaid principal at
the rate of five percentum (5%) per annum, from November 1, 1995.
Said payments shall be made in lawful money of the United States
of America.
The principal sum and interest shall be paid in twenty-two
(22) monthly installments in the amounts and on the dates shown
on the Amortization Schedule attached hereto marked "Exhibit A"
and incorporated herein by reference thereto. This Judgment Note
may be prepaid, in whole or in part, without penalty and without
the accrual of additional interest on the prepaid principal after
the date of prepayment, but all prepayments shall be applied to
any installments then outstanding in the inverse order of their
maturity.
Protest and notice of dishonor are hereby waived. If at any
time default shall occur in the payment of principal or interest,
as set forth in this Judgment Note, for the space of fifteen (15)
days after payment thereof shall have been due, then the entire
unpaid principal and accrued interest shall become due and
payable immediately.
With or without default hereunder, Obligors authorize and
empower Obligee's attorney-at-law or the prothonotary of any
court of record of Pennsylvania, or elsewhere, to appear for and
to confess judgment against Obligors, and in favor of Obligee,
for the entire unpaid principal and accrued interest, together
with all charges and costs thereof, and together with accrued
interest after declaration filed, and together with attorney's
fees of five percent (5%) of the entire unpaid principal, and
enter judgment without process against Obligors, with or without
declaration, and Obligors hereby release all errors in any such
proceedings and waive all rights of objection, exception and
, ~...
appeal, and pursuant to and upon such judgment, Obligors hereby
authorize and consent to immediate execution upon any property,
real, personal or mixed, wheresoever situated, hereby voluntarily
condemning the same, and no bill in equity, petition or other
proceeding shall be filed or interfere in any manner with the
operation of such judgment or execution thereupon, hereby
ratifying and confirming all that said attorney-at-law or
prothonotary may do by virtue hereof, and waiving and releasing
all rights and benefits of appraisement, and inquisition of real
estate, stays of execution and exemption laws of any jurisdiction
now in force or hereafter enacted. Obligors further authorize
that any such judgment taken against them may be cross-filed as a
municipal lien in the municipal lien docket of the county in
which such judgment is entered.
Obligors represent, certify and warrant that they have read
and reviewed the contents of this Judgment Note, that they
understand the provisions hereof, that they are aware and
understand that the Judgment Note authorizes the confession and
entry of a judgment against them for the entire unpaid principal,
together with interest at the rate of five percent (5%) per
annum, charges, costs and attorney's fees of five percent (5%),
and that they have signed this Judgment Note voluntarily and with
the intent to be bound legally hereby.
This Judgment Note shall be governed by and construed in
accordance with the laws of the Commonwealth of Pennsylvania.
The assignment or transfer of this Judgment Note shall be binding
upon and inure to the benefit of the successors, assigns,
transferees, personal representatives, executors, administrators
and heirs of Obligors and Obligee, respectively.
IN WITNESS WHEREOF, Obligors have signed and sealed this
Judgment Note the day and year first written above.
WITNESS:
J).-i // ~~.
~A. ~;J ~
( SEAL)
(SEAL)
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COMMONWEALTH OF PENNSYLVANIA )
: 58.
COUNTY OF CUMBERLAND)
On this, the 1)9 day of .AJ.'t-L~n(..)Uj(.J , 1995, before
me, a Notary Public for the Commonwealth of Pennsylvania, the
undersigned officer, personally appeared MICHAEL R. WHITEHEAD and
JEAN WHITEHEAD, husband and wife, known to me (or satisfactorily
proven) to be the persons whose names are subscribed to the
within instrument, and acknowledged that they executed the same
for the purpose therein contained.
IN WITNESS WHEREOF, I have hereunto set my hand and notarial
seal.
.rIIU lu'lv I/. S,Uak..t.f'l-_
UNo1:ary PUblic U'
My Commission Expires: /oj'/ /q9
NOTAIIAl. SIAl
MIYN M. awAlTZ, NoIary PIIbIIc
loww "...ldOlll Twp., CumM...."" Co., PA
"., CoouN.... bpi... Oct. 4, 1999
CERTIFICATE OF RESIDENCE
I hereby certify tht the precise residence and mailing
address of the within debtors and Obligors is 247 Ridge Hill
Road, Mechanicsburg, PA 17055-1749.
J~~'JV __il. SU/C~
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EXHIBIT A
AMORTIZATION SCHEDULE
I2AI.f; PAYMENT INTEREST PRINCIPAL BALANCE
November 1, 1995 $125.00 $125.00 $2,446.00
December 1, 1995 125.00 10.19 114.81 2,331.19
January 1, 1996 125.00 9.71 115.29 2,215.90
February 1, 1996 125.00 9.23 115.77 2,100.13
March 1, 1996 125.00 8.75 116.25 1,983.88
April 1, 1996 125.00 8.26 116.74 1,867.14
May 1, 1996 125.00 7.77 117.23 1,749.91
June, 1, 1996 125.00 7.29 117.71 1,632.20
July 1, 1996 125.00 6.80 118.20 1,514.00
August 1, 1996 125.00 6.30 118.70 1,395.30
September 1, 1996 125.00 5.81 119.19 1,276.11
October 1, 1996 125.00 5.32 119.68 1,156.43
November 1, 1996 125.00 4.82 120.18 1,036.25
December 1, 1996 125.00 4.32 120.68 915.57
January 1, 1997 125.00 3.82 121.18 794.39
February 1, 1997 125.00 3.31 121.69 672.70
March 1, 1997 125.00 2.80 122.20 550.50
April 1, 1997 125.00 2.29 122.71 427.79
May 1, 1997 125.00 1. 78 123.22 304.57
June 1, 1997 125.00 1.27 123.73 180.84
July 1, 1997 125.00 .75 124.25 56.59
August 1, 1997 56.83 .24 56.59
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LAW OP'P'ICEa
SNELBAKER
a
BRENNEMAN
SILVER SPRING TOWNSHIP
AUTHORITY,
IN THE COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
Plaintiff
vs.
NO. 96-615
Civil Term
MICHAEL R. WHITEHEAD and
WHITEHEAD,
JUDGMENT
Defendants
PRAECIPE TO SATISFY JUDGMENT
TO: Prothonotary of Cumberland County
The underlying obligation in this matter having been paid,
please cause the record of the jUdgment to be marked "satisfied".
P.c.
By
1chard C. Snelbaker
Attorneys for Plaintiff
Dated: May /() , 1996
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