MacPHAIL, P.J., August 13, 1975.
On December 23, 1974, plaintiff confessed judgment against defendant in the sum of $1,222,086.36 under the terms of a complicated "Construction and/or Development Loan Agreement" for the construction of a new Holiday Inn complex at Gettysburg, Pa. In the complaint (paragraph 16) plaintiff alleges that defendant's default consisted of (1) failing to pay arrears of interest due October 1, 1974, (2) failing to pay interest due...
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