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IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYL VANIA
THE crr GROUPfEQUIPMENT
FINANCING, INC.,
Plaintiff
Civil Action Number: ;JOOj- 35-0 I Cl VI!
v.
MORGAN HUGHES, INC., AND
MORGAN C. HUGHES,
Defendants
NOTICE
You have been sued in court. If you wish to defend against the claims set forth in the
following pages, you must take action within twenty (20) days after this Complaint and Notice are
served, by entering a written appearance personally or by an attorney and filing in writing with the
court your defenses or objections to the claims set forth against you. You are warned that if you fail
to do so the case may proceed without you and a judgment may be entered against you by the court
without further notice for any money claimed in the Complaint or for any other claim or relief
requested by the Plaintiff. You may lose money or property or other rights important to you.
YOU SHOULD TAKE TIllS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT
HA VB A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET
FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP.
Cumberland County Bar Association
2 Liberty Avenue
Carlisle, PA 17013
Telephone No.: (717) 249-3166
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IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
THE CIT GROUP/EQUIPMENT
FINANCING, INC.,
Civil Action Number:
Plaintiff
v.
MORGAN HUGHES, INC., AND
MORGAN C. HUGHES,
Defendants
NOTlCIA
Le han demandado a usted en la corte. Si usted qui ere defenderse de estas demandas
expuestas en las paginas siguientes, usted tiene viente (20) dias de plazo al partir de la fecha de la
demanda y la notificacion. Usted debe presentar una apariencia escrita 0 en persona 0 por abogado
y archivar en la corte en forma escrita sus defensas 0 sus objeciones alas demandas en contra de su
persona. Sea avisado que si usted no se defiende, la corte tomara medidas y puede entrar una orden
contra usted sin previo aviso 0 notificacion y por cualquier queja 0 alivio que es pedido en la peticion
de demanda. Usted puede perder dinero 0 sus porpiedades 0 otros derechos importantes para usted.
LLEVE ESTA DEMANDA A UN ABODAGO IMMEDlATAMENTE. SI NO TIENE
ABOGADO 0 SI NO TIENE EL DlNERO SUFICIENTE DE P AGAR TAL SERVICIO, VA Y A
EN PERSONA 0 LLAME POR TELEFONO A LA OFlCINA CUY A DlRECCION SE
ENCUENTRA ESCRITA ABAJO PARA AVERIGUAR DONDE SE PUEDE CONSEGUIR
ASlSTENClA LEGAL.
Cumberland County Bar Association
2 Liberty Avenue
Carlisle, PA 17013
Telephone No.: (717) 249-3166
HBG\48816.1
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IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
THE CIT GROUPfEQUIPMENT
FINANCING, INC.,
Civil Action Number: ,9f) - 350 I ~ ~.
Plaintiff
v.
MORGAN HUGHES,INC., AND
MORGAN C. HUGHES,
Defendants
COMPLAINT IN REPLEVIN AND FOR MONEY DAMAGES
NOW COMES, The CIT Group/Equipment Financing, Inc. ("Plaintiff' or "CIT"), by and
through its attorneys, Duane, Morris & Heckscher lLP, and files this Complaint in Replevin and for
Money Damages against the above-named Defendants and, in support thereof, states as follows:
1. Plaintiff, The CIT Group/Equipment Financing, Inc., is a corporation duly organized
under the laws of the State of New York with an address at 1620 West Fountainhead Parkway,
Tempe, Arizona, 85282, and is authorized to do business in Pennsylvania.
2. Defendant Morgan Hughes, Inc. is a corporation with an address at 1 Park Avenue,
Mechanicsburg, Cumberland County, Pennsylvania 17055.
3. Defendant Morgan C. Hughes is an adult individual with an address at 1 Park
Avenue, Mechanicsburg, Cumberland County, Pennsylvania 17055.
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COUNT I
THE CIT GROUPIEQUIPMENT FINANCING, INC. V. MORGAN HUGHES, INC.
REPLEVIN AND MONEY DAMAGES
4. Paragraphs 1 through 3 are incorporated herein by reference as if fully set forth
herein.
5. On February 13, 1995, Otterbacher Manufacturing, Inc. ("Otterbacher") and Morgan
Hughes, Inc. entered into a Security Agreement - Conditional Sale Contract (the "Security
Agreement"). A true and correct copy of the Security Agreement is attached hereto as Exhibit A and
incorporated herein.
6. Pursuant to the Security Agreement, Otterbacher agreed to loan to Morgan Hughes,
Inc. pursuant to a conditional sale contract the amount of $105,118.00 for the purchase of one (1)
Otterbacher Twenty Foot (20') Finished Food Trailer which was payable in 25 equal successive
monthly payments commencing on June 15, 1995, except that no payments were due in the months
of November, December, January, February, March, April, and May 1995, 1996, 1997, 1998, and
1999 on account of the seasonal business of Morgan Hughes, Inc. (the "Loan").
7. The Loan was secured by a perfected lien in favor of Otterbacher in one (1) 1995
Otterbacher Twenty Foot (20') Finished Food Trailer, Serial No. IM9FA2027S1219102 (the
"Collateral"). True and correct copies of the DCC-l Financing Statements filed in the Office of the
Secretary of the Commonwealth and in the Office of the Prothonotary of Cumberland County
evidencing the lien of crr are attached hereto as Exhibit B and Exhibit C, respectively, and
incorporated herein.
8. Promptly after making the Loan, on February 15, 1995, Otterbacher assigned over to
crr and crr accepted from Otterbacher all of Otterbacher's interests in the Loan, the Security
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Agreement and the Collateral. A true and correct copy of the Assignment to Be Signed by Seller-
Assignor (the "Assignment") is attached hereto as Exhibit D and incorporated herein.
9. Prior to August 1996, Morgan Hughes, Inc., requested an extension of its payment
schedule under the Loan. In particular, Morgan Hughes, Inc. asked to extend the payment of the
installments due on July 15,1996, August 15,1996, September 15,1996, and October 15,1996 until
November 15, 1997, August 15, 1998, and September 15, 1998, and November 15, 1999,
respectively.
10. By way of correspondence dated August 1, 1996, crr consented to Morgan Hughes,
Inc.'s request to extend its payment schedule. Payment of the installments due on July 15, 1996,
August 15,1996, September 15, 1996, and October 15,1996 were extended to November 15,1997,
August 15, 1998, September 15, 1998, and November 15, 1999, respectively. A true and correct
copy of CIT's August 1, 1996 correspondence is attached hereto as Exhibit E and incorporated
herein.
11. The Loan matured on November 15, 1999.
12. Although crr has not been able to inspect the Collateral (in spite of its requests to
do so), if the Colla1eral has been maintained in good condition, reasonable wear and tear excepted,
crr believes and therefore avers that the value of the Collateral is approximately $53,000.00. An
Affidavit of Value is attached hereto as Exhibit F and is incorporated herein.
13. Upon information and belief, the Collateral is located at Morgan Hughes, Inc.'s place
of business at I Park Avenue, Mechanicsburg, Pennsylvania 17055.
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14. Pursuant to the terms and conditions of the Security Agreement, CIT has the right to
immediate possession of the Collateral upon the occurrence of an event of default by Morgan
Hughes, Inc. See Exhibit A, 'lI12.
15. Failure to make the scheduled payments is an event of default under the Security
Agreement.
16. Events of default have occurred and are continuing to occur under the Security
Agreement as a result of, among other things, the failure of Morgan Hughes, Inc. to make certain
monthly installment payments.
17. Morgan Hughes, Inc. is currently past due for the monthly installments due from July
15, 1998 through the November 15, 1999 maturity date.
18. On March 17,2000, CIT notified Morgan Hughes, Inc. via United States Certified
Mail, Return Receipt Requested, Postage Prepaid, that Morgan Hughes, Inc. was in payment default
and that Morgan Hughes, Inc. had a period of ten (10) days to bring the account current. According
to the return receipt, the letter was received by Morgan Hughes, Inc. on March 20, 2000. A true and
correct copy of the March 17, 2000 letter and a true and correct copy of the signed returned receipt
are attached hereto as Exhibit G and Exhibit H, respectively, and incorporated herein.
19. Morgan Hughes, Inc. did not respond to CIT's March 17, 2000 letter.
20. On April 7, 2000, CIT sent a second letter to Morgan Hughes, Inc. via United States
Certified Mail, Return Receipt Requested, Postage Prepaid, declaring Morgan Hughes, Inc. in
default, accelerating the unpaid balance, and providing Morgan Hughes, Inc. with a period of ten
(10) days within which to pay the balance on the account. According to the return receipt, the letter
was received by Morgan Hughes, Inc. on April 11, 2000. A true and correct copy of the April 7,
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2000 letter and a true and correct copy of the signed return receipt are attached hereto as Exhibit I
and Exhibit J, respectively, and are incorporated herein.
21. Morgan Hughes, Inc. did not respond to CIT's April 7, 2000 letter.
22. Morgan Hughes, Inc. has failed and refused, despite repeated demands by crr, to pay
the indebtedness due under the Loan.
23. Upon information and belief, the Collateral is uninsured.
24. Failure to insure the Collateral constitutes a default under the Security Agreement.
25. Despite CIT's demand, Morgan Hughes, Inc. has also failed and refused to make the
Collateral available to CIT for inspection or repossession.
26. CIT at all times has fully and properly performed its obligations under the Loan and
the Security Agreement and all conditions precedent have been performed by CIT or have otherwise
occurred to establish CIT's right to recover the Collateral.
27. Pursuant to the Security Agreement, Morgan Hughes, Inc. agreed to pay reasonable
attorneys' fees and other expenses incurred by CIT in enforcing its rights against Morgan Hughes,
Inc. See Exhibit A, 'J[9(b).
28. As of May 31, 2000, the amount of $66,794.72 is due and owing by Morgan Hughes,
Inc. to CIT, which amount consists of the following: (a) $50,457.36 in unpaid contract payments;
(b) $8,325.54 in contract late charges which accrued through the November 15, 1999 maturity date
of the Loan; (c) $4,541.16 in contract late charges which have accrued since the November 15, 1999
maturity date of the Loan and through May 18, 2000; and (d) $3,470.66 in attorneys' fees and
expenses incurred through May 31,2000.
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WHEREFORE, Plaintiff, The crr Group/Equipment Financing, Inc., respectfully requests
that this Court enter judgment in favor of Plaintiff and against Defendant Morgan Hughes, Inc., as
follows:
(a) for possession of the Collateral;
(b) for money in the amount of $66,794.72 plus $756.86 per month commencing
June 1, 2000 representing the unpaid balance due and owing on the Loan;
(c) for crr's expenses and attorneys' fees incurred after June 1,2000 in enforcing
its rights against Morgan Hughes, Inc.; and
(d) for such other and further relief as this Court deems necessary or appropriate.
COUNT II
THE CIT GROUPIEQUlPMENT FINANCING, INC. V. MORGAN C. HUGHES
BREACH OF CONTRACT
29. Paragraphs I through 28 are incorporated herein by reference as if fully set forth
herein.
30. On or about February 13, 1995, Defendant Morgan C. Hughes executed that certain
Guaranty in favor of crr, successor by assignment of Otterbacher, pursuant to which Morgan C.
Hughes agreed to personally and unconditionally guarantee the obligations of Morgan Hughes, Inc.
to crr under the Security Agreement (the "Guaranty"). A true and correct copy of the Guaranty is
attached hereto as Exhibit K and incorporated herein.
31. On March 17, 2000, crr notified Morgan C. Hughes via United States Certified Mail,
Return Receipt Requested, Postage Prepaid, that Morgan Hughes, Inc. was in payment default and
that Morgan Hughes, Inc. had a period of ten (10) days to bring the account current. According to
the return receipt, the letter was received by Morgan C. Hughes on March 21, 2000. A true and
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correct copy of the March 17, 2000 letter and a true and correct copy of the signed returned receipt
are attached hereto as Exhibit L and Exhibit M, respectively, and incorporated herein.
32. Morgan C. Hughes did not respond to CrT's March 17, 2000 letter.
33. On April 7, 2000, CrT sent a second letter to Morgan C. Hughes via United States,
Certified Mail, Return Receipt Requested, Postage Prepaid, declaring Morgan Hughes, Inc. in
default, accelerating the unpaid balance, and providing Morgan Hughes, Inc. with a period of ten
(10) days to pay the balance on the account. According to the return receipt, the letter was received
by Morgan C. Hughes on April 11, 2000. A true and correct copy of the April 7, 2000 letter and a
true and correct copy of the signed return receipt are attached hereto as Exhibit N and Exhibit 0
respectively and are incorporated herein.
34. Morgan C. Hughes did not respond to CrT's April 7, 2000 letter.
35. On May 22, 2000, CrT sent a third letter to Morgan C. Hughes via United States,
Certified Mail, Return Receipt Requested, Postage Prepaid, declaring Morgan Hughes, Inc. in
default, accelerating the unpaid balance, and providing Morgan Hughes with a period of ten (10)
days to pay the balance on the account. According to the return receipt, the letter was received by
Morgan C. Hughes on May 23, 2000. A true and correct copy of the May 22, 2000 letter and a true
and correct copy of the signed return receipt are attached hereto as Exhibit P and Exhibit Q
respectively and are incorporated herein.
36. Defendant Morgan C. Hughes has failed to honor the Guaranty by refusing to pay the
indebtedness owing to CrT under the Loan.
37. CIT is entitled to recover its costs and attorneys' fees and expenses under the
Guaranty.
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38. As of May 31,2000, the amount of $66,794.72 is due and owing by Morgan C.
Hughes to CIT, which amount consists of the following: (a) $50,457.36 in unpaid contract
payments; (b) $8,325.54 in contract late charges which accrued through the November 15, 1999
maturity date of the Loan; (c) $4,541.16 in contract late charges which have accrued since the
November 15, 1999 maturity date of the Loan and through May 18, 2000; and (d) $3,470.66 in
attorneys' fees and expenses incurred through May 31, 2000.
WHEREFORE, Plaintiff, The eIT Group/Equipment Financing, Inc., respectfully requests
that this Court enter judgment in favor of Plaintiff and against Defendant Morgan C. Hughes as
follows:
(a)
(b)
(c)
(d)
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for possession of the Collateral;
for money in the amount of $66,794.72 plus $756.86 per month commencing
June 1, 2000 representing the unpaid balance due and owing on the Loan;
forCIT's expenses and attorneys' fees incurred after June 1,2000 in enforcing
its rights against Morgan Hughes, Inc. and Morgan C. Hughes; and
for such other and further relief as this Court deems necessary or appropriate.
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Respectfully submitted,
DUANE, MORRIS & HECKSCHER LLP
B
Counsel for: The CIT Group/Equipment
Financing, Inc.
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6. SI!IIer may held .thlS Secunty Agreement or it may IIUign if for wlue Do The CT Grgup/EqtlipmenC Finanang. Inc.
rclr).. If ~Ien'oes 111 hid ~n thl!l SecunCy .AQnMmenc m Q:r~ then aft8I' 5I.dt iIUlgl'Imllnt (a) C1T,. aaagnelD. :lihall
,')l"Y"~ Ill" rights on<! ~.of _.Iwlreundor and" <II~' &9_ "'1'....._.........-. .haIl
l>e' od Ix) haYo IIe1!n __ 'io Ci'T _the..... """" and oIroot as if err wota an origimd ",,'Iy h.'<I<I: (II) 50<'0' .""',
noI bO elrs ag<nl far any PUrposes: (e) Seller .11aII no, ba<i. any power.r ailll1ctity 'a<:lJong. "" _ry lI'" 8e<un:y
~reem~nt or.". filiated d~ (Sf instrumePt irl any way (e.lCCept uny ",I~ wa,..,,, Qf ~~ ~ wf'IiI:;h
.. eJ<du.MlIy between Soller and Buy.r...d slid nol bl!'d ClT or _ .ny ar 1lvyef$.""Clr. riQII",.r .ol;g._ u......
,h.. $ecurilr "'g~: and (dl S..",.. wII _ .. _ """"'.... ..- ..., aoun.......... of any. ......... I. """
...... _, 5o<1er. includmg but n~ lilnole<1lO ~ "'~..... dol_ In lhe ~ .... ill. like, dlreclly with
$eUo,. .... ... ... up any .uol1 _. """"'.... ""tor1 '" _n\1on:Iolm ~ err. Seller ""'eby ~g \0 ...m.ln
I'esjXJnsible dterdQr,
7. Buy...ocImawleOges lII.t err is in "" _ _ed I<> 0' "",.__ _ _ Crt' ~ no "'owledge ar"'_lon
as ,a \he _.n ... SlIi1abi11ll' at \11. CoIiIl."" ''0' 6uye(. 0.""",,,", ""d ClT. d_ to p.",:l1a.. th.. Sec:llnly
Agreemanl fIllm Seller. if so ofI'ered. will be _. m ...ilO_ "" Buy............- ~m.n'" and """"""'.. h.r....
inciuolng Buy.r's ""llfHS_.,,~..1 noIle1_ 090inst CIT any "'...... ~....If!:<< cau.-. ~ '""l' now
or In IIie lulu", h.... ag.ms! SetIer named below. If 11>$ ~ /l9feo....n. .. _ IG CIT. II1en alt1!r augnment
'e err. B_ wia make Oft paymentl direclly l'> crr ",...en -= '" C1T .....,.,." ....... IG erne designate ,n -"lI t.
Buyer.
." Buy<< WiImIIIIs .nd rap~n\$' I.' ..... B...... ;s juoIIy 1n..eltJO to SoIIor for IIie 1\1II .......1 '" 'h. loreg.lng
_led....-.; lb) that, .....pt IoJrthe""""" .._. granted h"lllly.1Iie CaI1ater.IIIs _!RIm an. win be kepI hoe'''''''
all ...... ...1.... .....my inte.- ~na encume_ (ellhat no tir>anc:lng _I ....nng IIie 6oI0t0..1 ""...y
~ i$ Q11 fifo In filvQrd ~ dtn8fman Seller tu: If such omlr ftnancIng stamment II on fife. it; will tw: wrmmatv4
or ,._od; Id) lheI 01' ~ """,lied and _IS mode by a_III any __ c:te<lICor acall.""n~
.taI_ '" .opI/wIion "" Q'\>O~,......... """"",,pcf3JOOUSly """... ..baquri Ia III. e.t;<Y1ion 01 mlS SocuOly
A~_ Willl IOOIlO<lI<> "'" Itao1$OClIon ""' ami shall be ""e. _. V8Iid and g.nuine: and (.1 auve' _."
....lho<ily Ia enter m(Q "'" _ Ag......._ and In 10 doing a Is nol_liI1!I any ..... or IO!I\I8Wn or "11"-'''' _
thu'd fIB...... and ~ has _... ...,., _ as may be n""""""'l' or _rapria1e Ia make lhis SOO\UiIy _ .!noong
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s. Buy<!< ag.ees: "1 to .oIand at S.yer'. own cost .ny _, pnxndi.g or c:lain> aft'<<ling Of arising fill", lI:e
ColIoWoI:lbl 0:> 00'f (o!O$Ol1Oble alI<lI1\eYs' _ (all- 15% '" lite unpald -... f not pmn,.,Md b7 I'WI and other
..;Ie..... __by S.11ot In .nforclng Is nshls _Buyer'S _ (e) IDpay ""'1t1IlIl'I ~u _ __.....IIcon...
1~1!Ii and ~ f:lutUic. (Jf prM1Ie CMrgeS when IewIed at~ against !he CocbIeruI Qr tI'li$, Sl!CUIIty Agreement and !his
~ ..... ""...... IIie _ of 111I. SecuoIly Ag~ (d) that K.certific8te 01 tme is required ... potmlltl!d
.., law. B"Y"'__..... ..nllIc:ato _11llSlIO"l1O 1I1.eo_ _ng the.....,;ty'- 0/ :;ilIerll1on!a.. and
;, ""Y ",",'" "" .....1IIItlg """"'""'!IY .r""l>OCllem to ptllS8M> .r ""_IIie....fiIr ~l of SelI.r, (e) 111.. Bure' wi!
l'.oI: Ml~. fail to bWlp in goad repaIr. sec:rete, arwfChout tfIBi prier written erJIIleflt pt~. and ncxwlll:L5t:i11t!lng Sellot's
cI3Im lO pOlCMds, ..I~ ...... land. encumber or _r alY of IIie CQI_: ~ (I) .... Soller '""l' entor upon Buyer'.
prernioes <<w""""'erllie CaIlaleral may be _ at .ny ~Ie line Ia ;.sped: !he Collateral.
10. AI risk d loss, d.mag. II>, _clIon al or .rioIng WJn1lhe Col......, -. :at 011 ~..... be .n BUF. Buye<,.;o
procure 10_ and malnl:ain 81 Buyef. ""JHl""" in....n"" llllO"'$t all _ '" loss or physical <lamage lei the C~II_
'.rllle UIInsu",bIe wi... _loJrlll8lile orllW $ewfilr -'9-' pi... _..~ Insurance................
1"""",....111.""", In__tland agaInstsud1 n.1oi...SelIeI' ~ <QOCIfy. """ -.pIlOl1\lllIY -'Or..... oorq.._
with a _ klng-larm rnongag..en__ _ oIl..."'lI.... pa,..1eI S.Uer. end """,iding ~
_ not_ _ 30 days _ _ of ""'_= eaon wch policy _ be 11\ Ionn.terms and ........, an._
I......""" earlier> ..otiilI......, Ie Seller. _$ _.... '" poIicIeo In _ ....D......"""" _ not be. -..
auyer'S ......9 OllIigatiens. .... 10 6_. -...- In .ud! policy. no.... or am...... al euy., ~ any ollis atli_..
agI!I1ls, 8lI'4l~...,..."~ob.li>'.. _, ~1heabllg_ a.'1Iie "'......... ""' 1I1e fui "mo,." "'_10>>.
Buyer I1eo'eIIy ~1IS to Seller any "",n~"'_ may _. payable under an, such po;;;,y 01..""",""" In<! IrnM>cobIy
canstilutas 8lld appoints Seller asBuyef$ ~ In fac:t(allo 1Iald each adgina1.in....n"" poilQy. (blIG mak., _ and
lldjusl cIaI!n. IIllder eac!lpo1icy or.....r.l"""- (e) to ma1ce _ b' ""lI' monies.~ IIlOY b"""",.payable under ..ell
and otI'Ier'inStance em the CoI~ ~udil'l,g retUJned or &n!ii1"l"lGd pteil'l'liums. 8n<HdHO,eMGl'S6 ~yer's nlllms on any
cIIlIck. d<Oll ar Olll.r in:iIII/merlI ......._ in paymen. 01 cia""" or l'llIwned ar""""""'" """""",,".lIlldlir eool1 policy "'"
ta lIplIIy Ihe funds ..lbe..,....otal m6 _..... awIn!Ill> SeIer; provided. ._. -.. u...... no .bll;alion Ia
do ony a1l1tel'o~. $ll6uldlluyer fail to Iu~ wchlnsu_ poIIc)'lo ....... <<.. 1II:iIl!oI. sudl policy in Nil 1'0.....
<<to ..,__m;,_...ln part_g _.1I1en6_. _oul~gar~lnydafauU orabli!)o"""
." Buyer. may (bill "".n be.nderno atiGgaIion lO)_n"'"'....._ _noellllll:pay lIIe.jlI'emlum _on """all
<II Buyor ... c/larg.lbe .....Iom to Bil)'<n i_."" ...- .... S.aml)' ~rit. 1bolull ........, of any ""el>
premium paid by SoIIe'''''.11 be oayoeie by euy.r.""" ......n<!. and 1>11.", ta paysamuna11 ~... ...ntal dela.U
under IhIs Securil)' Ag.........m.
11. A, """ """,snt .- or U.is $ecun\y AgteM1ent Is IlW Buyer '"""" all Its pay...... P"""~ os agnoed .;xm.
NsfJ _ Is 1lIallf1e ca_ _... 10 .... In gaud candItiCn ald tidequale SOCIlIIly for 111. Ind.btedn.... Th.
leItNMg ......ents eI dtIlaullllder lI1i> $eaJrily Agnoemen, wI1lc11 WIll .- Selle< to _ such ac:ion under tillS
Paragraph and _ P_n 12 ...___ .6....'''y: (allllrf of ~yet's abrrgaliaml to Sellor under.ny 39-
_ Sell.... not palcI pmIpIly when clue; (Il) Buy..._...y 1IIlHI>lf!ly.' proviOian~. ...alony .ther_
er agresnenl_ I>; Buyor to _ In c:omecdon _ II1It or any _ _0: (00\ B~ dies. -
"'.._orceasesl'>do_...aQ<>ln!lcancem;(d)RIs_JIIlIn.Cfll18lBuyerhll$~- ~ mIlIlolllling
"'_ "'!llIlIlin9 ""_ .....IlIa... (el any <II IIIe CeI_ Is lost or ~ (f) a peIilIan at campl.,nt ."
b.."",pll:J ""fot~......, orteaflFllllza1lon orfOt teDel unCII!' any InsaIvency .... is iUed I>; or acpI"", B_...auycr
_ its -il't 10 ~ il$ _.. ""'Y"",",no; (g) p~ of Buyer.. _... ora _I. ~ for Buy."
Ihl_rSoliMln good f.jilfl be_!he pmsped:alpayrnenlor__ is im",,1no<I arlll ~ IaiIl1 believes....
Cal\;lWal Islnsecun>; or 01..... gunn1Or, surety <<_ furBuy1:t'Oies or aefoullsJp Iny ObIlgoIi.n or 110\>'" ..-
<<anyg_a_lnca.neclJan_Ilis_Is"""'-or-
~1Q'1'S (.oUUl SIariI ~..~lbhr~nct "'..,.. c.:.r-
hp'Zaf:l
~''''~~<""II._,,",.,o
,,-' .~
~.""",;~' ~
~ ~ . ~
, '~'~~"~"""""""';lliil~",~;,~'
"".~.
"
.
.
If BU)''1<.h3lI be in _ ~nclel'.1he iMebliod...... _ 4t--a...d ...., aM Qther debts lf1.n owing ~ Buyeo'lO ~
W1Cler till< or any _ presenlor!ublre egraoment: _, if SeIsr _ .0 eIeot beccme _iatBIy due"'" p~l..
Thi$ ~Iora!lcn of aIIlndob_ if eIeWld by Seller. .".. be ..l!ie<>l1O aU oppicaIlle ...... lrlckIding ..... at> 10
rebale$ Md ~ds 01 uneamod charges.
12. 80 101>9 as arw obigldion$ ""' owed by auyot 10 SeIer herouncf8r. Seller $haU have .0 the rIghlo and remedies
provided by 111.. SecurIty Ag/Hn1eflt and p_ . .....red party lIl1dar lhe unif<lnn Commerdal Cede and -.y oll1er
aPllfi<:able law.
__ ~ 8<'Y"'. SeIIeI'. rigIlts and _ ~de but"",not_lo. m.llborofcholces. euyerllClcllowledges
thai if" _0$ __ Is justly enlIlI8d to do ..llIllell'" Iho law_lD lIYOicl.....1O ""'if and .1"1lD oi>lllk! for illIdf lite
bendi ollie Darga/n onclel'1I1Is SecurIty As_ent. CcnsIquen\ly. Buyer ag.-.tI1a! SeIsr, amilng.ItaOlt\or;~h\:; lIIl<I
r.med.... n\a)'~ or ItS aganl enter. the pteml.... or """"the. land ""'.ere IM.CcIIIaIl!ral. 1$.. .1acaI8d.. '.lIi1dwilhoUt.
r.roovil1\llhe render any equipment wIlich I< JlOll of 1M Col!atenll un<A$Oble ..-. ..... po.......... oIl1ie
Ccllaten'_ ncIIce to anyO"" and _juollo;lal_ 01"'1 IlInd. pnwj;Ie(I:Wch seIf-help,ls darNtiliithiNt lmlch
oIlho """"" ("""".i.g adIioJ <<VI_eel _neI> 10 a 1....."11 1M time 01 '.. : n...lo.~ I. ord~ 10 olfilid.il:le1f1f1~
and 11I_ remediet. SeIer mustlleebla lD enter VIe pmmIses...~ln or ul""':'"tioh \tVr CcIllli!IIIIIs \i;l~. BUrer.
_. ._1h<II SoIIar '" Itself arlts 1IgOIIt.1IlO)'~..nOIlctI"'8II1"'- - WIIhIllll j,.;tlClalpnlC_
01 a., Idnd, __ 8II1P-"'- any 1.1Id (IAcIudlag ao;con....and ~ ~~~. 10-
0' otb_ u_ Ih9 NO! or .ppa_ _lnII of Bllyllr... any.dOftt '" Buy.,. vdle..1I1.:Col...ril m., boor
wIIoro S81....bol_1h9 ea_ _ boo .ed. uoII1lI8II1 ,"-""blefolU with ....peot fA'" CllIlallit!lI'lIIc!'any
"",perty _._10.1,," Cal_~ _._D. nndiir 1BI'!""b1e, dio-n...ct oDd ........ al GcI"'lillom
aay DIllar pn>ptirl:l'''-''; . _h..man.. or any 110m "'\lie CoI...raJ. Sllftt'llfllni>thlnclera!'4eIay",illlEr
or Is ~ In """ _1ll1<I1riI. if requested. eso!sI Seller or it; l\9f'IlIl. ~bIil1\l 8DdIot.~.II1eColI.IlemI.
$<>!Ier mayJequlra Burerlo _~I. tho CoIIiiIillal.lIlId .....mit 10 $oller 1II a",""" 10 be d~ 17i$lllOr wh1cI\ls
-"nobly conveMnl: III both part;e<;. Burer_osIJ........ UI f\l<\hOr rights 10 __ aflheiCdlatlHal ijIIOr'defauIt
oIld aII_lbr damages..-IO cud> ..mcwaI. di~. entarirlll 8DdIot """""""'''"''' 'IlII> securIly InIenISl
9~ her8br.haI continue.eIfeOI/lIa Irrespectioe of any rdakin!llllld mdellvelyofll1eCollal<llalIO BU)'oruntil 011_
.eotJ/l!d .....br "'" 1uIil' paid in ~.
1,]..... 01I1erw1se p_ br law, Il10 ""lulremeet cI ~IE n<lIIo8 of..1e or _ intended Gi$llOlllllon 01 ""Ualetal
$..11 be met " such _ Is mailed. _eprepald. to the Ild~_ of Buyer ."""" he.... Ell ~ lOll day8 befOre lite
~"'" 1If lIie ""'" or lflSpOOilioo1- Expenses of retaIlInlI. hol,Mg. P""",,",I !tlt' saJa. selling iI!\Q' 1M I'" . sh.11 I-
re_Ie atIomers' _Cat ,_16% '" \Iut unpaid_I natflltll1l1i11edbr law) Ill1<IlilI\eOi'!e9al _.... Buy.r
U/ld.r&tl....1I1at SeIa(s rights _......- ""d llQI~ end Ill.. Bur.r..- ",main fUIy 'ilabIa lor On!' delIder>cy
temaInII1\I- dl;pcsition ",llIe 0;lII:!Ier0II. ,
13. Sellermayl.ltS.....dlllCl'01i<mWllilleadafa~or...... _...auy....._ Nrf.uch_inaparlicul.r
i........ or of a parlicular defauit shall not b\> a """"'" 0/ lltl1er d'- Of tho same Idnd 01 d._ at ..0Uler ~.... Ilo
mocl_. or eIl..ga 1. 1I1Is Sec:uriW Ag1'eei\1efl1 sh.1I bhl S.1Ier (aII..- Il$$lg/lmont. -Seller," os slated .-. ......
'ClT'J ...... ;nlo'l1dng signed br Soller. Nv ~ agroemenl_ be binding.
14. II pemjI>>:I "y law. Il<Jye1' eu_ _ III lie a finandng staIen1entwiU> ....".a 10 Ihe CcIlall1r.lllli\lned ~ ~
Seller. _ to 1iIe ~ cadIon. photDglaph or _repraduction of 11110 S8C!lIi\Y Agteement or of. finendng ._L Suyor
w_a1I~ Seller may cam:ol.~nt...... _..dlill.in SViCI1_assarlal.umbers,_ofr..st
poymentand 1M Iik4. Nrf p_ hereof ooncrary to. I'IOhibb<I br. orllMlfi(lunder .ppli<:ldlle.l.... orresu_ sh.1I
be InoppicabIe aM _eel _ _m, D\lI sh.ll.atlrWalldal& the..~ pIOVisIan. _.
Buyar _DdgO$ ......pI of a \nil copy _ ..._ ....p\alICG _ ex>;apo: ""'ere II1e canllllCt oII1eIwi$$
""lul.... "Buye(" lIlId "Sellel" ..... mean _ lIlId "coII:uredplllty" "'"IJOlIlive1r aM lrH:luda 1118 h.l... --=-!mi. or
admin_OIl. _ or ..slgns.lD _ p:lIlie$ but nqlhl.g hemin _ au1Iiorize su,er 11> 8S. tills_will'
Ag.-nentorilllrightli..and1l>tI1eCal-.r.. J:lole!ll... ""0111.. e.._..... fIIll"ld... eelflelOi~(>t"Ya.pPI\Cllble.........theBuyer.~
haw 110 r1ghUl>a bielll1.j\Jry h any adlcn or proCeedi"ll with """'""'..... h ...u"-' with, or....lng out cflh.._oiW
Agreement, arany_dDllvered p_to.Ihi$$odJrIly AgreemorIt. IfmareVlal1Q1laSuyer__lhls_rill'
Agreeman1, tI1eir aligatioca Ul1der tills Security Ag......,,~ - be Joint and ...."".
H011CE: Do I\Ilt aselhi. _la, tnnaactIa.. lor ............ tamilr... _old P<"l"'""L For agrlc.1IwaI and
_ __ oubIocI to _ or S_ ntIu1at1Cl1ls, contIull 1.(1)1 <OUnSOl 10 dololllline
d\lCWIIIIIllolIm """,_DoIa.
Agr\ealblral_ ~ meBl15farmlng. includi\g dally fannlng,lluI ft 0150 mU(fe$ ""'.....porta1llln. harvesting.
and fJKil r" Q af farm.~. or fcnst praducls if ~ il1l'af1SPQrtBd, ,harveSIed. or ~ : ,"'ed is lann, dairy, or furtst
pmducls _ or bred IlY lha ISOr 0/ IlID oqUpmen\ iW!If_ II does not 1IIII'Ilt. lor _ to a logger who h.~
..m.... ...... _. or a 0CI1IIBClar who ~ I;Ird or h.rvuts piDduots 01\ _ ...... !aim-
FOR USE II COI\\MEACW. OR BUSIlESS 'lRAN$AC'I1IlIlS IlllHE FOI.LIIWIr'B STATES:
AI8 CalI DC(1) m K';/ _(1) IloY He Pa(1}
......1.010 fIa (1) 110l Maile U1m NJ - ND RI
Ari< ~nn(2} Ga (1) Iowa MIl ~... (3) . N Ii! (5) Ohlc S C
Art Dol (1) Idaho _ ...... Mo (4) NY 0l<t9 S D
(1) Do not \IH far ""*'" ,*,1cI81n1lSl1dlons.
(2) Do not ... If ..",,,.ion 1$ "DaD or..
(3) tlo oat use far __...rioIe or c:I>lIW11OlCI8l _1RlIlGeCIlOn"
(4) lIIalor....... vohida ~(l3Gh prica .....-d.S7,!i011dfOr .. nan-motarllllhlcleo.
l6J Do aat ....1cr_~ or apoclIi maIlilo equiptlllW _oil....
Ton.
Ui>Ih
VII')
Va(1)
Wash
~Va{S}
v.l$o (1)
WyO
~1075 1<lR)) Somdt'f AQIM~ . CMdIllutAll--S* CDnhCt v~ SbIABa
Paae:!! lit 3
<~ "-~
PARTIES
Debtor name (last name first if individual) and mailing address:
Morgan Hughes, Inc.
1 Park Avenue
Mechanicsburg, PA 17055
Debtor name (last name first il individual) and mailing address:
Debtor name (last name first if individual) and mailing address:
lb
Secured Party(ies) names(s) (last name lirst il individual) and address
for security interest information:
Otterbacher Manfacturing, Inc.
US Hwy 30 North
Crestline, OH 44827 Z
Assigneels) of Secured Party namels) (last name first if individual) and
address for security interest information:
The CIT Group/Equipment Financing, Inc.
P.O, Box 27248
Tempe, AZ 85285-7248
Special Types 01 Parties (check il applicable):
o The terms "Debtor" and "Secured Party" mean -Lessee' and "Lessor:
respectively.
o The terms "Debtor" and "Secured Party" mean "Consignee" and
"Consignor," respectively.
o Debtor is a Transmitting Utility.
SECURED PARTY SIGNATUREIS)
This statement is filed with only the Secured Party's signature to perfect
a security interest in collateral (check applicable boxles))-
a. 0 acquired after a change of name. identity or corporate structure of
. the Debtor.
b. 0 as to which the Illing has lapsed.
c. already subject to a security interest in another county in Pennsylvania-
Dwhen the collateral was moved to this county.
Dwhen the Debtor's residence or place of business was moved to
this county.
d. already subject to a security interest in another jurisdiction-
Dwhen the collateral was moved to Pennsylvania.
Dwhen the Debtor's location waS moved to Pennsylvania.
e. 0 which is proceeds of the collateral described in block 9, in which a
security interest was previously perfected (also describe proceeds in
block 9, if purchased with cash proceeds and not adequately
described on the original financing statementj.
Secured Party Signalurels)
(required only if boxl") is checked above}:
FINANCING STATEMENT
Uniform Commercial Code Form UCC-l
IMPORTANT-Please read instructions on
reverse side of page 4 before completing
Filing No. (stamped by liling ollicer): Date, Tim~ ~Iing 01' lstamped by filing olli"
c:; <
.Lie:; -oX:.-~-,- ~
-J-..r rncom -. -
5- q I 'if ~g;"f,;
(J)~Z9
C"'v""' -<1iIt-tO
,"-..c- '<0"'....
I ~aO~
, . x~#
'-e 1ft
This Financing Statement IS presented for filing pursua~ ~Ie Unifo!::..m.1{ommerclal Code,
and is to be filed With the (check applicable box) ~... II
o Secretary 01 the Commonwealth. j_
;gL.Prothonotary 01 C "1Yl b4/"--Gt-'\ d
o real estate records 01
W~'~"","_...,ri'
-
" .
10
Number of Additional Sheets (if any):
Optional Special Identification (Max. 10 characters):
COLLATERAL
l,_
~ ."",L.~~,,,
County.
County.
Idenlify collateral by item and/or type:
One (1) Otterbacher 20' Finished Food Trailer, SIN
lM9FA2027S1219102.
and all tires,
substitutions,
thereof.
wheels, attachments, replacements,
and additions and all proceeds
Za
the following real estate:
Street Address:
Described at: Book
for
o Described on Additional Sheet.
Name of record owner (required only if no Debtor has an interest of record):
of {check onel 0 Deeds 0 Mortgages. at Pagels}
County. Uniform Parcel Identifier
Title
o Icheck only if desired) Products of the collateral are also covered.
Identify related real estate. if applicable: The collateral is, or includes (check appropriate box(es)).
a. 0 crops growing or to be grown on .
b. 0 goods which are or are to become fixtures on -
c. 0 minerals or the like (including oil and gas) as extracted on .
3 d. 0 accounts resulting from the sale 01 minerals or the like (including oil and gasl at the wellhead
minehead on .
1a
lb
RETURN RECEIPT T :
R:! 1.Vu. c.I.\ G-cc.......pl CC(~,....,{A,. ~,n:Q<\';"'a, 1(".
t.u. U IOCou.l
Otterbacher Manufacturing, Inc. 1<"" :< ~L\S5
~\--., ,,,,," c~, Title ('fv-; MG0:
4
STANDARD fORM. FORM UCC.l (7-89)
Approved by Secretary of Commonwealth of Pennsylvania
FILING OFFICE ORIGINAL
NOTE - This Rage will not be returned by the Department 01 State.
REORDER FROM
Registre. I
514 PIERCE ST.
P.O. BOX 211
ANOKA, MN. $$31J~
(6121421.1713
~ ~
~ ,
d",~'
Assignment to be Signed by Seller - Assignor
Te: The CrT G<<>ulllEqulpment~. Inc.
- '~CQntmctbelween~"!I'A:r1lMttr'Jl"'V!YMV 'IMl'lU'!411iJ 1IlmNv.~ TJII'r
.. Buyer.
.
.
ond under.llgnod. _ ~Ii~,~s. '9~ I\O\/Ing. _nt\llPllidbolBnCl:of"0S.11....
For _. _ tIoldeI!Igned l"Assignar") hl:lOb)' _ and "'lgns..il1e err G""'I>'E'l"\>mont FllllllICIng, Int:.. Is su<cc...,.,
..d...IIll13l"Asslgn"'. ..............-Cll!IInI!:l.~.. l<lQOIho.......... rwll1alOl. AssI~..riSl(,lil.and_Iil1""
=.::;'''''' 1lV'~ described ~Itoo.._ -.. oI~f.~:....._...-d.......""""'lII'Ir9u'"WllYe'
._, jno;Iud;ng the rV1l'" coIloc1.lII'Il' lII'IlIoII'.io\lA".",,;ciue and III _ d""... \IIll_ OlIala _. In
mS""" or AosIgnee'. n..... 8111)' """ pi] P"""""d1ngs m~ inIghl___
M;1<1"" ......,.. _ 1Ilc.._ "'"' III'Il' """""..."."11..... gue_. waIveIlI ..,d1cr _ -.. ... 9""'0.
....i:llbl.._the.. e~~_.~. and,........... ... ....0Il8CUle<I.. . .. .... """'..""'..1I1&""'PIIW. ..de&cri.... ..Ilod.in....._
.... ... """ 11I1_.... !nle 110m dQIo....... _ 1II'IlI1XIIIIlen:Ioim6;. <Igpolins, ........ add""'...., "'""""'" ond. Clh...
_ond _ecnlaIned_n !ll811uBand ~ ...cariIroi;t"""'pr....~.. .~bl.'l_llIIdilOllulatloM: lhe p",..".
_10 b:l1anc:e __ Is _ IIOJlI'CPOIIlt ha&,_~~ tf> auyor.iftorllio ~ 11I1'" dolfio....fcnl! IleIcwIB
saII_ry~. and haa -ac<:eptI:dll\' 1loJ"'. and..:~.lir...mco"'pIJ"""'.lI..~wltiI~1!leIeW; \hi
.....c:t CClISliNl!oS lnIwII ........... '" ""'""Ilde a WIld _.~~jOflll\<lncunillerOcl_lD or lril....lli(IIlll\ep~ ........
1IIenlIl\'. _ agaInstBlI._1r1i!i119o ~"" erBl1)'!_8t!iIll1"'P~ Ispoim_....~j'_ or
"'lJIIIMon"'porfecIlUCIl.....-noldllBerlen.II1e_. ."""....... _PIIsljld.:.""".lIdOWn.... JIOYI1IOl'llO.. .. '..' _.bo..n
madein_'__~''I''_''''llVequlprnenllll!<M4''fIf. .""""_.... ., ....._.BllvIad.1I 10;_""'. lB.........".
A!!Ignor _1_riIY _ ..... _ _... "'''' ottt_ damll!l"'''.__' """~ _ovS' _. Inr:umld I>l'
~.."resultgfAsstgnor'o_"'''I'cI'lI1e_'''', '1l:IaIg"""""..tit"'l\'. .",....... _.',....Ilb..; ..... ":,......der!:!Jq.
_ ""_ ~ ta 1I1e.....""" -.. <If~ appIlcaliIe urldO\lrlrVlIIl(aioi1el1t 0IIWnM.' . III'IlI ~
AssiQl'Ol guotOl1Iooo the payment P"'"""'l' ..loon due cl'the am.. ~.. . cr. oadJ."'" wmy ._.~ paysbIB.me< IIllO contr'ac:t....
the pay1I'8IIt on clem""" afthe enbllftllilld boIance III the.... ill_In the_ '" Ilf1J' _'* by BII\'BI' 1.I1d., the ""ntJact.
_lira reqo.;mg Aaslgneeta """""'" lI!I8Inot 1l<i)'W... "'" cI10r _ tit:any......-y.
I. rhB """rlI1hatAsslgnee _ _ thalld:llgn,.-l1oo .. may ""'"' breochod any <If 1110 """,. _ (lndudln!lltll
guaflll1ly <If ~.", Ilf1J' "'Its.........uea -. """"'" '" ""':?l- orll1e S"'"""'V __'MIl. upon AUlgn........-
pnxnJlllr rep..mme'" _ far BIl......nt.lJI8! Ie th. u..-_ce lho<eol, Inc:Iudll1ll_ -..st;pUB/lY...,.....
afccll_ _1....1rancpc_ lI1d_'ncunedl'l'lWigno., incIlIdio!.l.....___ _.nd 0lIIlts..... ""l' """""'''Y
refund 1'1' Asslgnae of _lInOnC:e cI1argea. ,
Asslgnor_lhol_mayoudltb _and _. I'lolatIngta aU popor..sIgned la^""i!J"Oft and moylnAosig..... """'"
..dcrse~~-1IncI................- _gnor~"""""oIr-1!" ..........,....,..g.._...,
_. ~ lI1d I'OIi<.a ol......8\'Il1Ilftl..... ...-...10011 ~ ~. new. or he_ sIgned.otcoPtad. ancIClroe<l
or.,..;g...... '" AssIgnoe. _gncr_"I~lnI~$!!.'U.... 0" any Olhjlr........ ....:noli.... _1...., by I....
.ndAssIS..............'_ and_.. -....may"'liIl)'lIme'wllllllul...,...t...""s!lPx>r, wlthculn_lDAooignD<'
and _ olleding '" ImpBIrios the OllIlgaden. cI' AssIgnlir............, d. ot'lf a! !h. fcllCl!iring:
la) ""'.... -od, modify. _e ... diool1o<l10 "l!\f. .bIlgatico .. " IIuyer or ony "......,. oIlIlsaIod on tho _ .' "" ""~
accc~ng .... '" !JUBIm1IY.I"lhe"'- _-s"li
<1>) tJ<'.GOIllparliBlpoymontsaflhe_OIIIIgalions;
(OJ acceplneworaddlllcnol-' _...ag""""",Il>~"'er.._..tIIo_,,,lgallons;
(d) seItI..IIlI.... (ill ~ ar law... _~ compound, compromise, c:oIlod ..lIquidBl. 011)' of 1M '''''''''''' oIlIigBIlcno and
1ha saeurity therefQ( it\ :Jrt/ manner; .
ee) CCMOOntlD th. \r.o1O/OI or O!tum of I8CIlItlJ BIld _.... hold __ I8CUIIly or 9_'" the contract ..ligatl....:
(1) __._",_ony_arguanJr1ly;..
19} 1licI............. lillii1\' ""'" "'!he ""_., <OeIl1l!y lIncIllJlP!y 8111)' "'""""'" ..... ..13fly and direct tIlo order .... __
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~ont"'d af"Il\!YOI"~_"'A:ioIlIn... U......Clhtl1lvI.._u_...JlIl"';_oI.n..~
.-....llI1I, .~ .........lIIllIinocl...._......"._.. ~.hOllll8b..~ ...~.. as_fer tho
..........anco~..-..::"-".'.""'""'- unllBr'uiO"_..- .. "'""......"""....tlr1iIO< Bri~ IIlliI bePif;.:l Ml............wI1haUf_
_ii'.payfr!~~III1ll~;L~iO,_~: .......;1!1=1\'t~~~
~..abIi~... .."':.",' lIfAJ'iiii(ir'..:!.c..u.,Otlllallld~1ie b!ltlnilloeveml.m:__u~
C5l\aS!QnOC-. fJ:J!t". -~.... """".' "'-flE.' . . . . ~.'. . ""..-,..... ....................~. .. ... . :l!!!!il.'. ..I>iIdc..ii.....I1ICti....~WIiuI~""
",may, ~ ...... ~B11 ~.. . ... . 'Iii, liiidiililnOl. wlII1WtlWllg..... ~'WiIlll!ri_ ~
011. ,~~crClll1Sllll""1:~_dlhe".. ~~m1lio ~"'ma45'_i.ltoo~or:,
_~........_Iy. Aoai!JnOO'nknowledgeoUny .oflll'l'b_.,orllOl~..linyallli._n!l....1
OOlCCl\stiidlietry_I>l'__.
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Mor:Jan Hughes, fne.
I Parl( Avenue
Mechllnic:sburg, PA 17055
RE: err Account 8649
Augu::l <, 19%
The CfT Groupl
Indusfl'iaJ Financing, Inc.
SIJJle 600
1520Wesl Fcuntainhead Parkway
Tempe. AZ 85282
602 764-2300
Mail109 Mdress:
PO Box 27248
Tempe, AZ 85285.7248
Gentlemen:
Reference ,s made to the Se.;w;cy Agreement. da,ed 02115/95 , between the above deblor ,Morgan
H:I~.her.. Inc. . U1C. as Debtor. Otterba.;:her ~famJ2~l.::tnrin.g troc. a;: Sel;.'1l.red Pncty. sn::1 TIlt" err
Group/Equipment Financing, Inc. as Assignee (me 'Agreement").
'\fOU have Reqlll:sted and we jw:v~ a..<:rreed 10 amend tile terms of payment of the unpaid balance owillg
l1Ilder the Agr::erne:Il upon the following lenns ane conditions.
I. You oonfum and agree that the presenl unpaid balance owing under the.'>.greement is
S30,O 15.82 ([be"TnddJredn~.ss~).
, You bave requesl~d and err has c.:lnse!lted ie, extend your Paymenl :;chedllle as foUows:
Month. to be 'Extended Pa~ment ."un01lnt Month E:rteoded to
07/1996 $-1204.72 11115/91
08115/95 $4204.72 08/15/93
09/15/96 S-I204.72 09115198
LO/15196 $4204.72 11115/99
3. Tbe Paymenl schedule specified in this agreement supersedes and replaces the payment schedule
spe<:ified in the AgreemenL
,I. Except !IS modified herein, the Agr~ment remains in full force and effect.
If the foregoing is acceptable 10 you would you please 50 indicate by signing this letter where iadicaled
belO".v ;.nd returning the original to us.
Sincerely.
The CIT GrolfplEquipmenl Financing, Inc.
~~
Phil Leep<:r
Portfolio Speciaiist II
Tiue:_12 fVL
::late:
s:I':f!?6
Date:
ank
Corpo<ation
"I,. '1JliI!liir.oU
STATE OF ARIZONA
COUNTY OF MARICOPA
AFFIDAVIT OF VALUE
W. E. Oberlander, being duly sworn according to law, deposes and says that he is a
Portfolio Specialist for The CIT Group/Equipment Financing, Inc. and is authorized to and does
make this Affidavit on The ClT GrouplEquipment Financing, Inc.'s behalf; that the total value of
the 1995 Collateral (if maintained in good condition, reasonable wear and tear excepted) is
approximately $53,000.00.
UJ. r .f)LJJ~ilu
W. E. Oberlander, Portfolio Specialist
SWORN TO AND~SCRIBED
befo me, this /Ol/lday of
,2000.
(SEAL)
i) OFFICIAL ilEAl.
MARy L. DOSTAL
Nolary Public. Slale of Arizona
. . MARICllPA COUNlY
My CoITII\ Expires March 12. 2002
HBG\48816.1
~..... ,
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The CIT Group!
Equipment Financing, Inc.
1540 West Fountainhead Parkway
Tempe. f\Z 85282
480-784-2300
Mailing Address:
PO Box 27248
Tempe. AZ 85285-7248
March 17, 2000
Morgan Hughes, Inc.
1 Park Avenue
Mechanicsburg, PA 17055
RE: Notice of Default, Demand for Payment, and Intention to
Accelerate Balance. CERTIFIED MAIL #Z 259 080 996
Account #4136-35607
The CIT Group/Equipment Financing, Inc. 's records
indicate that the referenced account is in default. We now
make a formal request for payment at this time. The following
is a past due amount now due:
Account #
35607
Legal
Contract L/C
Repo cost
. Total
Amount Past Due
$ 50457.36
$ -0-
$ 11352.98
$ -0-
$ 61810.34
Past Due From
7/15/98
The CIT Group is now requesting that you pay the due
amount on or before March 27, 2000.
If we do not receive $61,810.34 on or before the above
mentioned deadline, The CIT Group will accelerate the
maturity of your loan, declare the balance of your loan due
and payable without further demand, and proceed to foreclose
and sell the collateral under the terms of the Security
Agreement and applicable state laws, Any deficiency from the
foreclose sale not paid by you could result in CIT being
awarded a deficiency judgment. Any writ CIT may acquire on
that judgment will be exhausted through all legal means.
Please forward your check for $61,810.34 not later than
March 27, 2000, so that we may avoid proceeding against the
collateral securing these accounts. Partial payment will not
cure default.
Sincerely,
W.t.~_
W.E. Oberlander
Portfolio Specialist
CC: Morgan C. Hughes-Guarantor; B. Van Horn; D.
Walter; T. Oatis-Repossessions & Liquidations; File
.,.,,:;-;....
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. Prlntl:r nameandaddress on ttle revers'e'of this form so thaf we can return this
. A:'~~form to the front of the mailpiece, or on the back if space does not
peRmI.
. Write -Return R8(;8/pt fleguestfKron the maJiplece below the article number.
. Tho Rotum Roeolpt will oIiow to whom tho 0111010 woo dollvored and tho dato
delivered.
k;;;::7!~? ~ eS I r 41.(.
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b'lnsured
DCOD
8. Addressee's Address (Only if requested
and tea Is paid)
i ~025l15" e D229 . Domestic Return Receipt
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The CIT Groupl
Equipment Financing, Jne,
1540 West Fou.ntainhead Parkway
Tempe, AZ S5282
480-784-2300
Mailing Address:
PO Box 27248
Tempe, AZ 85285-7248
April 7, _ 2000
Morgan Hughes, Inc.
1 Park Avenue
Mechanicsburg, PA 17055
RE: Acceleration Notice Certified & Regular Mail
#Z 259 081 014
Account # 4136-35607
Although we have made every reasonable effort to extend our
consideration, you have failed to meet your legal
obligation to The CIT Group/Equipment Financing, Inc. under
terms of your contract.
Our records indicate that you did not comply with our
Demand letter dated March 17, 2000. Because of your failure
to pay the delinquent amount due on your account, The CIT
Group has accelerated the maturity of your account in the
amount of $ 61,810.34.
We must receive the balance of $ 61,810.34 on or before
4/17/00. Otherwise, we will proceed with legal action to
protect The CIT Group's interest, including foreclosure and
sale of the collateral under the terms of your security
agreement.
If you should fail to pay the balance due by the above
deadline, we intend to seek all legal remedies available.
You will be responsible for payment of attorneys' fees and
other expenses as stated in your security agreement.
Sincerely,
L0.e.D~~
W.E. Oberlander
CC: Morgan C. hughes-Guarantor; B. Van Horn; D. Walter; T.
Oatis-Repossessions & Liquidations; File
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-, sQ'that we can return 'the'card to you.
. Attach this card to the back of the mail piece,
or on the front If, space pe~its.
: 1. Article Addressed to:
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If YES. enter delivery address befow:
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3. SeMce Type \
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D Registered tJ Return Receipt for Merchandise \
o Insured Mail '0 C.O.D.
4. Restricted Delivery? (ExInl Fee) . 0 Ves
102595-99-M-178jil
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"""" 01 III ......ny 1IlqlHlSl:i \'OU 10 _ a1!dil to III 10 pu_ 00<UlIIy 8gIO<!ll1Illlb. _. rWG<. __ Md III oIher
~. (110.... generally -"1"'i"'J oIortrcm or-.Io oIo_with
_IMIt,or called It10 "Campony: ond 10 IrWoe I"'" .. ID do Ol'<l in __ ~ ami of b.....1is 10 lICQ\llIlo .ach of '"
""'rftrom. - at III.... _ oIIlgor, J<inIly and.........,........-.,..y 1UlI-" you Ihal.... Campanywill My ant!
p"""",,, l'OI'ancl porfGnn..lti;prKOI1I oncI_allllgatio",,"YCU._OI'chcI.ril1dirvol.jO/rlIor_. ab_OI'...,o;~
sedRd ,or t.mccIRd. rndIUt6d C1rvmBlunld _Ad ~ MgIns1y: ~lbat:lad will ~u tJt alh6rwise ecqulred by)'QV. i~
'" '"' _Idi\y 01' ,,-,"ooaIlII'di' "'lItr!Jsuch obfi9"""" .r.... t1ouIlidancy.IrMli'"ll' '" ~Iity 0111I1)' _-.;
8I1d_ -)00' hllaoringlo,,-........ComjlanJ..1O ~_orqOOClllly_.lCl P'ltCX\_nd
&II..... duo ItId 10 _duo.. YO. from tho C_and III....... ...... ~ -<< __ _ mlll'''''-
byycu by""""" of.... Companf5d_or_<>I"",.f1l1. ~ _OBI; and _to b. bound I>y.... ondomand
.. Pll!IIiny -.... .....bUshod by a ..Ie or _ and or soc:uilly held. ...., Of _ _to.... nu. 9......"l' Is an
Ul"!,,,_ g_ ofpoymonlond porw_ NoguomnlDr _I be""",-, <<dscIIaI1led..oiII1er in _ <<In pall, by
y....faI1....... _" perfect.. .....a....th....-. of8ll' OOCldr._in:!nj pl'<lpe<Iy which _ "'" OIl/lgallons 01"'"
Com_ ....ny ollIS 10 you,...ta ~ 1M 1'lllP"IIl'......-.;I by llUCh _tIIlt_
No._ horeo( _.. _ by'" ooadt 0111I1)''' II .1'1... NolOtmInaI!on _ be _00 _or I1OIIco _10 you
byC<l1ilio<l mal retum 11lC8IpI""""""'" ".nlil"'" lem1inatlan _ _... "'" loss t/,., 1IO days _\11$ <<o<l!Ipt of Iu::h ~C8 or
ycu:.r _aslD.nyClllllwho,,",,""given IUCl1IUllice: orolloct "",...nsactlcx\'- prior"'.... offedlw _ of
mnnlmdiM..
~of..._ notlaI oI~n.....t. ......._do......._ nnotk:o"'"""pOj'lTIOnt"'_ 8510 any nolo
or ~ 1II9nod. 1KlCOpll:d. ...,..... .r asaIg:1sd to you by .... campany; any and aD ~ of.ubtogaII.... _lHmenl.
~,......-.... _otiO. llIany_"""_'nyol...may r-...""o;aatIer_ "!Pioottha ~<<1Itr!J 0Ih..-
""'""" dlrectly at Cl>ntIngenIIy _far "'" abIIgalianS a......- .....lIl'od!'r, <<ogainst<< _....,... lolllo CUrnpany's property
(onCludlrig,_lmillllior>.....flOlIY c:al1alor-.;1t:r ~.. "')'lll!l, 8llsir1g _'11I._", perla""...... aftl11s gIlORI'l\y;
aD llXIlI1Plonslll10 homei;lsO<l....1I1lI OIII'_.demlll1<lo.... nn1IcoO Illq\dn!d by law; ...-and _:.nd 01\\' duly
an y_ FM (should...... clUIy e>ds1l '" _ '" Ill')' of .sanY mallv(, fact at 1hIne _ lo lhalluOlness .poratIO'I> at o","ilIon
(finllncial.r lIlhcwiovl 01"'" ~'" 111_"'_. _new at he_1aloWn by \'OIl.
You may at.." l'M II1lIfIom _ to time. _.... _oem; _out noIlce '" v. and _.-; orlm"",",,~ tho nbllga1lcn
of ony .,.. """""""'. do any of 1118 1ol1a.vJns;
(al reI1o:N. _ ~ncIudIng __ boycr1d ... .rigkW tenn at ilia ~... ..... 01 paj>eI), ....hY. rei...", or 01_ any
~nllhoOom_. nlb~, nI Cl>gtl1""'1Do; (wl1ctherh"""'....at uncler. ~ ImllUmMl ",atlllY 0ttleI'
pw\y .. any time dinlc:lly ar ~ ..... far Ihe JlOymon\ 0101\\' of.... noIIgalI"",,;
(11) _ partlli paymonls 01.... ""1ioJaIlam::
(0) _new or 8d_ ."""""""'.........ments atagl'Otlllll:nb.- loor n _at_ ob\i9l"inn<:
~.) ...... -lbI' oper.Ition uf laW or GIherwIso~ aonpGI.Ild. oonu,romlse, _ at 1iquIda" ony .. .... ot>IlgalIons and ...
ooaJrill'_InOl\\'_
(01 """""" Ioll1o ""noW or...... ofll1e 1llICWIIy, _....1\01<I addlticm&lllOCUlftt.r ~..Int ..Id obllgotlons:
III _,__"'_8I1'f_",pronly;at
(g) lid _ p'- at Iny NIe aI paper or oo<>lIIIi 3I\d 3I'PY 01\\' JlI'lCOI>b<< ~Iy. and direct tl1. aoI...1l1d m...,.( of ..1<-
g. ",,"m;omacle """"J<lIlIll onytimefar _'" r_<lI "'any.-G) '" _value RlCIlMId by)'O\l. from any """roe.
il1: paymem;r:A <<an accountot.,. ofiha CIbagadonI aftnG ccmpany gwraOOJed nereunder and yau repay orolherwi&G wc~m.llal::4e
...... at any FM '" IUl:h _ '>Y"""" at
(a) any Pdgmonl._..._ClIanyc:ourt<<"""oLiA.tio..__lng<:omJlOOlotlt1urlldlolion;",
\Ill 8lI' _ ",,,,,,,,,,,",,,, aI any ouch claim.
we _ _ Joill1l1""" .......lIf __ '" yau _ "" Iha ......lIt"" ropaId '" far _ :Po' aro lIlherwIM liable to
~fW'J)~-~(..:b:lIng~endLou~
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... .- or mot 0QnI.""'n1 ovIdondng _ o/!he ~'Ill 11..,.. <II lho Campo"1. 1lUs __I _ .... I8SpOdIv6 hoi...
__ __. Sl/--., and osolp. ond _Inlow III you- """"""",""" aalgna. kldudlng. butnal im~
10. _ pcty.. ""'om.... may...Ign..,..... or loins 01 P"l'Ol'. "" honIby woIofng nail"" 01."1 ""'" ~nl All of your r1ghl:l
"l\I":r WlMldve md. not illtDrnI'dve. .
fly tDllll.n of U1b lJU4If':IIntJ' '9Rtr ;ulAlntor .....a.d_ illllr6H M ~ i1llr1ghblllQl MAl by lucv In any aa10A, pnK:HGIng.
Gr~q'I on <<n1 JnIU!Ir...f""tlJ~lI\.r"""n1f ~ llf.11I COtkllldJOd..... otfllll&l6<l to.... IUIor.ftll/.
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The C1T Group!
Equipment Financing, Inc.
1540 West Fountainhead Parkway
Tempe. AZ 85282
480-784-2300
Mailing Address:
PO Box 27248
Tempe, AZ 85285-7248
March 17, 2000
Morgan Hughes, Inc.
1 Park Avenue
Mechanicsburg, PA 17055
RE: Notice of Default, Demand for Payment, and Intention to
Accelerate Balance. CERTIFIED MAIL #Z 259 080 996
Account #4136-35607
The CIT
indicate that
make a formal
is a past due
Group/Equipment Financing, Inc. ' s records
the referenced account is in default. We now
request for payment at this time. The following
alDount now due:
Account #
35607
Legal
Contract L/C
Repo cost
Total
Amount Past Due
$ 50457.36
$ -0-
$ 11352.98
$ -0-
$ 61810.34
Past Due From
7/15/98
The CIT Group is now requesting that you pay the due
amount on or before March 27, 2000.
If we do not receive $61,810.34 on or before the above
mentioned deadline, The CIT Group will accelerate the
maturity of your ~ban, declare the balance of your loan due
and payable without further demand, and proceed to foreclose
and sell the collateral under the terms of the Security
Agreement and applicable state laws. Any deficiency from the
foreclose sale not paid by you could resul t in CIT being
awarded a deficiency judgment. Any writ CIT may acquire on
that judgment will be exhausted through all legal means.
please forward your check for $61,810.34 not later than
March 27, 2000, so that we may avoid proceeding against the
collateral securing these accounts. Partial payment will not
cure default.
Sincerely,
W.t:.~
W.E. Oberlander
Portfolio Specialist
CC: Morgan C. Hughes-Guarantor; B. Van Horn; D.
Walter; T. Oatis-Repossessions & Liquidations; File
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_\OVO..
. Attacfl this form to the front of the mailpiece, or on the back if space does not
pennlt
. Write -Return Receipt Requestsd" on the mailpiec:e below the article number.
. The Ftetum,Recelpt will show to whom the article was delivered and the date
delivered.
3. Article Addressed to:
e-,;tra;ee~'--- .
,. 0 Addressee's Address
2. 0 Restricted Delivery
Consuli postmaster lor lee.
4a_ Article Number
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o Return Receipt for Merchandise
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and fee is paid)
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The CIT Groupl
Equipment Financing, Inc.
1540 West Fountainhead Parkway
Tempe, AZ 852"82
480-784-2300
Mailing Address:
PO Box 27248
Tempe. AZ 85285-7248
April 7,_2000
Morgan Hughes, Inc.
1 Park Avenue
Mechanicsburg, PA 17055
RE: Acceleration Notice Certified & Regular Mail
#Z 259 081 014
Account # 4136-35607
Although we have made every reasonable effort to extend our
consideration, you have failed to meet your legal
obligation to The CIT Group/Equipment Financing, Inc. under
terms of your contract.
Our records indicate that you did not comply with our
Demand letter dated March 17, 2000. Because of your failure
to pay the delinquent amount due on your account, The CIT
Group has accelerated the maturity of your account in the
amount of $ 61,810.34.
We must receive the balance of $ 61,810.34 on or before
4/17/00. Otherwise, we will proceed with legal action to
protect The CIT Group's interest, including foreclosure and
sale of the collateral under the terms of your security
agreement.
If you should fail to pay the balance due by the above
deadline, we intend to seek all legal remedies available.
You will be responsible for payment of attorneys' fees and
other expenses as stated in your security agreement.
Sincerely,
lA),e.6~
W.E. Oberlander
CC: Morgan C. hughes-Guarantor; B. Van Horn; D. Walter; T.
Oatis-Repossessions & Liquidations; File
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. Attach this card to the back of the mallpiece,
or on the front If space permits.
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Receipt for Certified Mail
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00 oot use for International Mail (See reverse)
Se~o
organ C. Hughes
61'1 ~um~
ax: Avenue
Pas( Office, State, & ZIP Code
Mechan~csburq, PA 17055
Postage $ .33
eerllfied Fee 1.20
Spaoa! Delivery Fee
Restricted Oelivery Fee
Return Receipt Showing to 1.45.
Whom & Date Oeliv8red
Relell1ReceIpt~toWhom.
Date. & Addressee's Address
'IOTA!- Postage & Fees $ 2.98
Posunalk or Date
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mE, MORRIS & HECKSCHER LLP
ATTORNEYS AT LAW
PHILADELPHIA, P A
NEW YORK, NY
CHICAGO,IL
WASHINGTON, DC
SAN FRANCISCO, CA
BOSTON, MA
MIAMI, FL
WILMINGTON, DE
WAYNE,PA
CHERRY HILL"NJ
NEWARK, NJ
WESTCHESTER, NY
PRINCETON, NJ
PALM BEACH, FL
ALLENTOWN, PA
HOUSTON. TX
BANGOR. ME
DOVER, DE
305 NORTH FRONT STREET. 5th FLOOR
P.O. BOX 1003
HARRISBURG. PA 17108-1003
(717) 237-5500
FAX
(717) 232-4015
www.duanemorris.com
May 22, 2000
VIA CERTIFIED MAIL,
RETURN RECEIPT REQUESTED
AND FIRST CLASS MAIL
Morgan C. Hughes
I Park Avenue
Mechanicsburg, P A 17055
Re: The CIT GrouplEquipment Financing, Inc., Morgan Hughes, Inc.
Account Number: 4136-35607
Dear Mr. Hughes:
This firm represents The CrT GrouplEquipment Financing, Inc. in the above matter. On
February 13, 1995, you executed a Guaranty personally guaranteeing the indebtedness of Morgan
Hughes, Inc. for the purchase of one Otterbacher Twenty Foot Finished Food Trailer (the
"Guaranty"), a copy of which is enclosed. The Guaranty was promptly assigned to The crr
GrouplEquipment Financing, Inc.
On March 17, 2000, CIT notified Morgan Hughes, Inc. that Morgan Hughes, Inc. was in
default ofits obligations to CIT and had a period often days to bring its accoun.t current (the "March
17,2000 Letter"). No response to the March 17,2000 Letter was received. On April 7, 2000, crr
declared Morgan Hughes, Inc. in default, accelerated the unpaid balance, and provided Morgan
Hughes, Inc. with a period often days to pay the balance on the account (the "April 7, 2000 Letter").
No response to the April 7, 2000 Letter was received. You were copied on both the March 17,2000
Letter and the April 7, 2000 Letter via Certified Mail, Return Receipt Requested.
CIT makes demand upon you under the Guaranty for payment of the obligations of Morgan
Hughes, Inc. to crr. As of May 18, 2000, the outstanding balance is $63,324.06. Please remit
I,. ""'_"'",
Morgan C. Hugh~s
May 22, 2000
Page 2
$63,324.06 in the form of a certified check payable to The crr Group/Equipment Financing, Inc.
Payment should be sent to my office within ten days of the date of this letter. If payment is not
received within the ten day period, CIT will have no alternative but to pursue all legal remedies it
hag. available.
Very truly yours,
~~.)).Q"--~ '
Brian W. Bisignani
for DUANE, MORRIS & HECKSCHER LLP
BWB:slr
Enclosure
cc: W~E. Oberlander, Portfolio Specialist, The crr Group/Equipment Financing, Inc.
Jennifer L. Murphy, Esquire
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ondagnl... _your lhI~to pllIcced .1lOl....CcImpony...to ~_......, oeaIIIy tIlefeb'..lO P"Yon cfem:ond
a111l11nadUaIllld1l>_duelOyouwmtll. C_andal........ ...._.._..._...-.m"l'..._
byyou by """.'" ol1M Company'sd_ or _'" anyof.1I1. undBr&I;ned _'01: and ~ 10 b. bound by..... "" cfomand
10 P"1 "'" ~ OOlabli_ by. ..Ie of _ .nd or oeaIIIy held. .... Of _ _ to lIS. ,",I. g....."'Y Is on
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{i SENDER:
. Cl Complete items 1 and/or 2 for additional services.
-"~"" Complete items 3; 4a, and 4b.
t Cl Print your name and address on the reverse of this form so that we can return this
~ card to you,
! 0 Attach tNs tomI to \he from of \he mailpiece, Of 00 the back if space- does not
CD permit.
s::. C Write "Return Receipt Requested" on the mailpiece below the article number.
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4a: A.rticle Number
Morgan c. Hughes
1 Park Avenue
Hechanicsburg, PA
17055
Z 196 942 741
4b. Service Type
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102595-99-B-0223 Domestic Return Receipt
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VERIFICA TION
I, W. E. Oberlander, hereby aver and state that I am a Portfolio Specialist for The CIT
Group/Equipment Financing, Inc. and have read the foregoing document which has been drafted
by my counsel. The factual statements contained therein are true and correct to the best of my
knowledge, information and belief although the language is that of my counsel and, to the extent
that the content of the foregoing document is that of counsel, I have relied upon counsel in
making this verification.
This statement is made subject to the penalties of I8 Pa. C.S.A. ~ 4904 relating to
unsworn falsification to authorities, which provides that if} make knowingly false statements, I
may be subject to criminal penalties.
Dated:
to,~. ()W~~
W. E. Oberlander, Portfolio Specialist
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THE CIT GROUP/EQUIPMENT
FINANCING, INC.,
IN THE COURT OF COMMON PLEAS
Plaintiff
CUMBERLAND COUNTY, P A
v.
CIVIL ACTION NO. 2000-3501
MORGAN HUGHES, INC. and
MORGAN C. HUGHES,
Defendants
PRAECIPE FOR ENTRY OF APPEARANCE
TO THE PROTHONOTARY:
Please enter the appearance of David R. Breschi, Melissa A. Swauger and the law firm of
Shumaker Willia1lls, P.C. on behalf of the Morgan Hughes, Inc. and Morgan C. Hughes,
Defendants in the above-captioned matter.
SHUMAKER WILLIAMS, P.C.
By>?fZ!Jl ~-e
David R. Breschi, Esquire, I.D. #59001
Melissa A. Swauger, Esquire, I.D. #82382
P.O. Box 88
Harrisburg, PA 17108
Telephone: (717)763-1121
Telecopier: (717) 763-7467
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CERTIFICATE OF SERVICE
I, David R. Breschi, Esquire, of the law firm of Shumaker Williams, P.C., hereby certify
that I served a true and correct copy of the foregoing Praecipe for Entry of Appearance on this
date by depositing a copy of the same in the possession of the United States Mail, first-class,
postage prepaid, addressed as follows:
Brian W. Bisignani, Esquire
Jennifer L. Murphy, Esquire
DUANE, MORRIS & HECKSCHER LLP
305 North Front Street
P.O. Box 1003
Harrisburg, PA 17108-1003
Attorneys for Plaintiff
D'~ J, ~
SHUMAKER WILLIAMS, P.C.
By~L~
P.O. Box 88
Harrisburg, PA 17108
(717) 763-1121
Attorneys for Defendants
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SHERIFF'S RETURN - REGULAR
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'CASE NO: 2000-03501 P
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
THE CIT GROUP/EQUIPMENT FINANC
VS
HUGHES MORGAN INC
HAROLD WEARY
, Sheriff or Deputy Sheriff of
Cumberland County, Pensylvania, who being duly sworn according to law,
says, the within COMPLAINT - REPLEVIN
was served upon
HUGHES MORGAN INC
the
DEFENDANT
, at 0015:32 HOURS, on the 14th day of June
, 2000
at 1 PARK AVE
MECHANICSBURG, PA 17055
by handing to
REBECCA MADDEN (OFFICE
PERSONELL)
a true and attested copy of COMPLAINT - REPLEVIN
together with
NOTICE
and at the same time directing Her attention to the contents thereof.
Sheriff's Costs:
Docketing
Service
Aff idavi t
Surcharge
18.00
5.58
.00
10.00
.00
33.58
So ;;;~~~
R. Thomas Kline
06/15/2000
DUANE, MORRIS & HECKSCHER
Sworn and Subscribed to before
By:
7kf,t i;.,
Deputy Sher~
, '7~
me th~s
day of
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q'f/.$JI. C /n(c'er:, ~
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SHERIFF'S RETURN - REGULAR
. CASE NO: 2000-03501 P
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
THE CIT GROUP/EQUIPMENT FINANC
VS
HUGHES MORGAN INC
HAROLD WEARY
, Sheriff or Deputy Sheriff of
Cumberland County, Pensyl vania , who being duly sworn according to law,
says, the within COMPLAINT - REPLEVIN
was served upon
HUGHES MORGAN
the
DEFENDANT
, at 0015:32 HOURS, on the 14th day of June
2000
at 1 PARK AVE
MECHANICSBURG, PA 17055
by handing to
REBECCA MADDEN (OFFICE)
a true and attested copy of COMPLAINT - REPLEVIN
together with
Non CE
and at the same time directing Her attention to the contents thereof.
Sheriff's Costs:
Docketing
Service
Affidavit
Surcharge
So Answers:
6.00
.00
.00
10.00
.00
16.00
~~ ~e:~~
R. Thomas Kline
06/15/2000
DUANE, MORRIS & HECKSCHER
Sworn and Subscribed to before
By:
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, Deputy S~ff
this '7 !':- day of
~ ~m= AD
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P 0 honotary
me
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THE CITGROUP/EQUWMENT
FINANCING, INC.,
Plaintiff
v.
MORGAN HUGHES, INC. and
MORGAN C. HUGHES,
Defendants
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IN THE COURT OF COMMON PLEAS
CUMBERLAND COUNTY, PA
CIVIL ACTION NO. 2000-3501
NOTICE TO PLEAD
TO: THE CrT GROUP/EQUIPMENT FINANCING, INC., Plaintiff
-and-
BRIAN W. BISIGNANI, Esquire
JENNIFER L. MURPHY, Esquire, Plaintiffs attorneys
You are hereby notified to file a written response to the enclosed New Matter of Defendants
Morgan Hughes, Inc. and Morgan C. Hughes within twenty (20) days from service hereof or a
judgment may be entered against you.
SHUMAKER WILLIAMS, P.C.
B~.(~~
MelissaA. Swauger, Esquire, LD. #82382
P.O. Box 88
Harrisburg, PA 17108
Telephone: (717) 763-1121
Telecopier: (717) 763-7467
Attorneys for Defendants
THE cn GROUP/EQUIPMENT
FINANCING, INC.,
IN THE COURT OF COMMON PLEAS
Plaintiff
CUMBERLAND COUNTY, P A
v.
CIVIL ACTION NO. 2000-3501
MORGAN HUGHES, INC. and
MORGAN C. HUGHES,
Defendants
ANSWER OF DEFENDANTS MORGAN HUGHES. INC, AND
MORGAN C. HUGHES TO THE COMPLAINT WITH NEW MATTER
NOW COME Defendants, Morgan Hughes, Inc. and Morgan C. Hughes (hereinafter
"Defendant Hughes"), to answer the Amended Complaint in the above-captioned matter,
averring as follows:
1. Admitted in part and denied in part. It is admitted that Plaintiffhas an address at
1620 West Fountainhead Parkway, Tempe, Arizona, 85282. It is specifically denied that "The
cn Group/Equipment Financing, Inc., is a corporation duly organized under the laws of the
State of New York." It is specifically denied that the cn Group/Equipment Financing, Inc., "is
authorized to do business in Pennsylvania." By way of further response, after reasonable
investigation, Defendants are without sufficient information or knowledge to admit or deny the
truth of the averments set forth in paragraph I of the Complaint and strict proof of same is
demanded at the time of trial.
2. Admitted.
3. Admitted.
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COUNT I
THE CrT GROUP/EOUIPMENT FINANCING. INC. V.
MORGAN HUGHES. INC. - REPLEVIN AND MONEY DAMAGES
4. The above responses to the Complaint in paragraphs 1 through 3 are incorporated
herein by reference.
5. Admitted.
6. Denied as stated. By way of further response, the averments in paragraph 6 of the
Complaint summarize a written document, which is attached to the as Exhibit A, and such
document speaks for itself.
7. Denied as stated. By way of further response, the averments in paragraph 7 of the
Complaint summarize written documents, which are attached to the Complaint as Exhibit B and
C, and such documents speaks for themselves.
8. Denied as stated. By way of further response, the averments in paragraph 8 of the
Complaint summarize a written document, which is attached to the Complaint as Exhibit D, and
such document speaks for itself.
9. Denied as stated. By way of further response, the averments in paragraph 9 of the
Complaint summarizes a written document, which is attached to the Complaint as Exhibit E, and
such document speaks for itself.
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10. Denied as stated. By way of further response, the averments in paragraph 10 of
the Complaint sununarize a written document, which is attached to the Complaint as Exhibit E,
and such document speaks for itself.
II. Denied. The Complaint does not provide sufficient information in order for
Morgan Hughes, Inc. to admit or deny the truth of this averment nor after reasonable
investigation can Morgan Hughes, Inc. provide a response admitting or denying the truth of this
averment. Thus, strict proof of same is demanded at trial.
12. Admitted in part and denied in part. It is admitted that the value of the Collateral
is approximately $53,000.00. It is specifically denied that "CIT has not been able to inspect the
Collateral ( in spite of its request to do so)." By way of further response, Morgan Hughes, Inc.
has repeatedly stated to ClT personnel that they were permitted to inspect the food trailer, but
ClT personnel have not done so.
13. Admitted.
14. Denied as stated. By way of further response, the averments in paragraph 14 of
the Complaint sununarize a written document, which is attached to the Complaint as Exhibit A,
and such document speaks for itself.
15. Denied as stated. By way of further response, the averments in paragraph 15 of
the Complaint sununarize a written document, which is attached to the Complaint as Exhibit A,
and such document speaks for itself.
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16. Denied. After reasonable investigation, Morgan Hughes, Inc. is without sufficient
knowledge or information to admit or deny this averment. By way of further response, Morgan
Hughes, Inc. did not make any payment on this account. Rather, upon information and belief,
any payments made on this account were made by an independent third party.
17. Denied. After reasonable investigation, Morgan Hughes, Inc. is without sufficient
knowledge or information to admit or deny this averment. By way of further response, Morgan
Hughes, Inc. did not make any payment on this account. Rather, upon information and belief,
any payments made on this account were made by an independent third party.
18. Denied as stated. By way of further response, the averments in paragraph 18 of
the Complaint summarize a letter and return receipt, which are attached to the Complaint as
Exhibit G and H, respectively, and such documents speak for themselves.
19. Denied. Morgan Hughes, Inc. did respond to the Plaintiffs correspondence.
20. Denied as stated. By way of further response, the averments in paragraph 20 of
the Complaint summarize a letter and return receipt, which are attached to the Complaint as
Exhibit I and J, respectively, and such documents speak for themselves.
21. Denied. Morgan Hughes, Inc. did respond to the Plaintiff s correspondence.
22. Denied. Morgan Hughes, Inc. has tried to resolve this matter by offering the
return of the Collateral.
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23. Denied. At all times materials to this Complaint, the said collateral has been
insured.
24. Denied as stated. By way of further response, the averments in paragraph 24 of
the Complaint summarize a written document, which is attached to the Complaint as Exhibit A,
and such document speaks for itself.
25. Denied. Morgan Hughes, Inc. has tried to schedule an appointment with CIT
persollllel so that CrT persollllel could inspect the Collateral. In addition, Morgan Hughes, Inc.
has offered to return the Collateral to Plaintiff.
26. Denied. After reasonable investigation, Morgan Hughes, Inc. is without sufficient
information or knowledge to admit or deny the truth of the averments set forth in paragraph 26 of
the Complaint and strict proof of same is demanded at the time of trial.
27. Denied as stated. By way of further response, the averments in paragraph 27 of
the Complaint summarize a written document, which is attached to the Complaint as Exhibit A,
and such document speaks for itself.
28. Denied. After reasonable investigation, Morgan Hughes, Inc. is without sufficient
information or knowledge to admit or deny the truth of the averments set forth in paragraph 28 of
the Complaint and strict proof of same is demanded at the time of trial. By way of further
response, Plaintiff has failed to produce documentation to support the amollllts alleged in
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paragraph 28 of the Complaint; therefore, Morgan Hughes, Inc. cannot determine what amounts
it has paid or the amount owed, if any, to Plaintiff.
WHEREFORE, Defendant, Morgan Hughes, Inc. respectfully requests that this
Honorable Court enter judgment in its favor, dismiss the Plaintiff s Complaint with prejudice,
and further award Morgan Hughes, Inc. such other relief as is proper and just.
COUNT II
THE CIT GROUP/EOUIPMENT FINANCING, INC. V.
MORGAN C. HUGHES - BREACH OF CONTRACT
29. The above responses to the Complaint in paragraphs 1 through 28 are
incorporated herein by reference.
30. Denied as stated. By way of further response, the averments in paragraph 30 of
the Complaint sunnnarize a written document, which is attached to the Complaint as Exhibit K,
and such document speaks for itself.
31. Denied as stated. By way of further response, the averments in paragraph 31 of
the Complaint sunnnarize a letter and return receipt, which are attached to the Complaint as
Exhibit L and M, respectively, and such documents speak for themselves.
32. Morgan Hughes did respond to the Plaintiffs correspondence.
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33. Denied as stated. By way of further response, the averments in paragraph 33 of
the Complaint summarize a letter and return receipt, which are attached to the Complaint as
Exhibit N and 0, respectively, and such docmnents speak for themselves.
34. Morgan Hughes did respond to the Plaintiffs correspondence.
35. Denied as stated. By way of further response, the averments in paragraph 35 of
the Complaint summarize a letter and return receipt, which are attached to the Complaint as
Exhibit P and Q, respectively, and such docmnents speak for themselves.
36. Denied. To the contrary, Defendant Morgan C. Hughes has attempted to resolve
this matter with Plaintiff.
37. Denied.
38. Denied. After reasonable investigation, Morgan Hughes is without sufficient
information or knowledge to admit or deny the truth of the averments set forth in paragraph 38 of
the Complaint and strict proof of same is demanded at the time of trial. By way of further
response, Plaintiff has failed to produce docmnentation to support the amounts alleged in
paragraph 38 of the Complaint; therefore, Morgan Hughes cannot determine what amounts he
paid to Plaintiff or the amount owed, if any, to Plaintiff.
WHEREFORE, Defendant, Morgan C. Hughes, respectfully requests that this Honorable
Court enter judgment in his favor, dismiss the Plaintiff s Complaint with prejudice, and further
award Defendant such other relief as is proper and just.
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NEW MATTER OF DEFENDANTS MORGAN HUGHES. INC. AND
MORGAN C. HUGHES
39. The above responses to the Complaint in paragraphs 1 through 38 are
incorporated herein by reference.
40. The Defendants made payments llllder the Security Agreement.
41. In an attempt to mitigate damages, the Defendants have offered to return the
Collateral to Plaintiff.
42. Plaintiff refuses to accept return of the Collateral.
43. In an attempt to mitigate damages, the Defendants have offered to allow CIT
personnel to inspect the Collateral.
44. Plaintiff refuses to inspect the Collateral.
45. Plaintiff is not entitled to both replevin, i.e. return of the Collateral, and money
damages.
46. Defendant Morgan C. Hughes did not breach the Guaranty.
47. The Plaintiff s claims are barred by the doctrine oflaches.
48. At no time during the existence of the Agreement attached as Exhibit A to
Plaintiffs Complaint did Morgan Hughes, Inc. make a payment pursuant to the conditions
provided for in the Agreement.
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49. If Morgan Hughes, Inc. has defaulted on its obligations under the Agreement, the
Plaintiff was duly notified of any alleged default in June, 1995; thus, the Plaintiffs claims
against both Defendants are bound by the statute oflimitations.
50. The Defendants are not responsible or liable for the estimated unpaid contract
payments in the amount of $50,457.36.
51. The Defendants are not responsible or liable for the estimated contract late
charges in the amount of$8,325.54.
52. The Defendants are not responsible or liable for the estimated contract late
charges in the amount of $4,541.16.
53. The Defendants are not responsible or liable for the estimated attorneys' fees and
expenses in the amount of$3,470.66.
54. The Defendants are not responsible or liable for Plaintiffs attorneys' fees and
expenses incurred in pursuing Plaintiff s claims when the Defendants agreed to return the
Collateral.
55. Plaintiffs' alleged injuries or losses, if any, were caused by Plaintiffs own actions
or inactions.
56. The Plaintiffs claims are barred by its failure to mitigate damages.
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57. If Plaintiff establishes that it suffered damages as alleged in its Complaint, which
allegations are specifically denied by the Defendants, said damages were not caused by the
Defendants.
WHEREFORE, Defendants, Morgan Hughes, Inc. and Morgan C. Hughes, respectfully
request that this Honorable Court enter judgment in their favor, dismiss the Plaintiff's Complaint
with prejudice, and further award Defendants such other relief as is proper and just.
SHUMAKER WILLIAMS, P.C.
By
avid R. Breschi, Esquire, LD. #59001
Melissa A. Swauger, Esquire, LD. #82382
P.O. Box 88
Harrisburg,PA 17108
Telephone: (717) 763-1121
Telecopier: (717) 763-7467
Attorneys for Defendants
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VERlFIC A 'fION
The u.ndersigned. Morgan C. Hughes, hereby verifies and stateS that:
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He is the President ofMotgan Hughes, Inc.;
l. rhe faclS set forth in the foregoing pleading are true and correct to the best of hlS
knowledge. info11'l'lation, and beLief; and
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SHUMAKER WILLIAMS
PAGE 01
.vERIFICATION
The undersigned, Morgan C. Hughes, hereby verifies and states that:
I. He is the one of the Defendants named in the within achon;
2. The facts set forth in the foregoing plead.ins are true and correct to the best of his
la1owledge, infonnation, and belief; and
3. He i.s aware th.at false statements herein are made subject to the penalties of 18
Fa.C.:). ~4904, relating to unswom falsitication to authorities.
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CERTIFICATE OF SERVICE
I, DavidR. Breschi, Esquire, ofthe law firm of Shumaker Williams, P .C., hereby certifY that
I served a true and correct copy of the foregoing Answer with New Matter of Defendants Morgan
Hughes, Inc. and Morgan C. Hughes on this date by depositing a copy of the same in the possession
ofthe United States Mail, first-class, postage prepaid, addressed as follows:
Brian W. Bisignani, Esquire
Jennifer 1. Murphy, Esquire
DUANE, MORRIS & HECKSCHER LLP
305 North Front Street
P.O. Box 1003
Harrisburg, P A 171 08-1 003
Attorneys for Plaintiff
Dated: '1 \~rj \00
SHUMAKER WILLIAMS, P.c.
BYv-<f /! $Zu
David R. Breschi, Esquire
P.O. Box 88
Harrisburg, P A 17108
(717) 763-1121
Attorney for Defendants
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IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
THE CIT GROUP/EQUlPMENT
FINANCING, INC.,
Civil Action Number: 2000-3501
Plaintiff
v.
MORGAN HUGHES, INC., AND
MORGAN C. HUGHES
Defendants
ANSWER OF THE CIT GROUPIEQUlPMENT FINANCING. INe.
TO NEW MATTER
NOW COMES The CIT GrouplEquipment Financing, Inc. ("CIT" or "Plaintiff'), by and
through its counsel, Duane, Morris & Heckscher LLP, and files this Answer to New Matter, and
states as folIows:
39. This is an incorporation paragraph to which no response is required.
40. Admitted in part and denied in part. It is admitted that Defendant Morgan Hughes,
Inc. made payments under the Security Agreement. It is denied that Morgan Hughes, Inc. or Morgan
C. Hughes has fully performed the obligations under the Security Agreement. By way of further
answer, Morgan Hughes, Inc. is currently past due under the Security Agreement for the monthly
installments due from July 15, 1998 through the November 15, 1999 maturity date and Morgan C.
Hughes has failed to pay under his Guaranty after proper demand was made thereunder.
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41. Denied as stated. It is admitted that Defendants. following the commencement of this
action, have offered to return the Collateral to crr. By way of further answer, Defendants have
attached unacceptable conditions to their offer to return the Collateral.
42. Denied as stated. crr is willing to accept return of the Collateral if Defendants agree
to allow crr to sell the Collateral and enter a judgment against Defendants for the deficiency.
43. Denied as stated. It is admitted that Defendants, following the commencement of this
action, have offered to allow crr to inspect the Collateral. Defendants did not allow crr to inspect
the collateral before the filing of this action, despite crr's repeated requests to do so.
44. Denied as stated. crr is willing to inspect and accept return of the Collateral if
Defendants agree to allow crr to sell the Collateral and enter a judgment against Defendants for the
deficiency.
45. Denied. Paragraph 45 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
46. Denied. Paragraph 46 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied. By way of further answer,
Morgan C. Hughes executed a Guaranty in favor of crr pursuant to which he agreed to personally
and unconditionally guarantee the obligations of Morgan Hughes, Inc. to crr under the Security
Agreement. Morgan Hughes, Inc. is in payment default to crr and, to date, Morgan C. Hughes has
refused to honor the Guaranty by failing to pay the indebtedness owing to crr under the Security
Agreement despite proper demand for payment being made under the Guaranty.
47. Denied. Paragraph 47 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
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48. Denied. It is specifically denied that at no time during the existence of the Agreement
attached as Exhibit A to crr's Complaint did Morgan Hughes, Inc. make a payment pursuant to the
conditions provided for in the Agreement.
49. Denied. Paragraph 49 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
50. Denied. Paragraph 50 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
51. Denied. Paragraph 51 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
52.
Denied. Paragraph 52 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
53. Denied. Paragraph 53 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
54. Denied. Paragraph 54 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
55. Denied. Paragraph 55 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
56. Denied. Paragraph 56 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
57. Denied. Paragraph 57 sets forth legal conclusions to which no response is required.
To the extent those allegations are deemed factual, they are denied.
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WHEREFORE, Plaintiff, The crr Group/Equipment Financing, Inc., respectfully requests
that this court enter judgment in favor of the Plaintiff and against Defendants Morgan Hughes, Inc.
and Morgan C. Hughes for the relief requested in the Complaint.
Respectfully submitted,
DUANE, MORRIS & HECKSCHER LLP
Date:
?J/J/ /00
.
Attorneys for: The crr GrouplEquipment
Financing, Inc.
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DUANE, MORRIS & HECK SCHER
TEL:717 232 4015
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VERIFICATION
I. W.E. Oberlander, hereby aver and s~ate that I am a Portfolio Specialist for The CIT
GrouplEqllipmlln~ Financing, Jnc. llnd have read the foregoing document which has boon drafted by
my counsel. The factual statements contained therein are trlle an" correct to the best of my
knowledge, information llnd belief lIlthough the language is thal of my counsel and, to the extent that
the content of the foregoing document is tha~ of counsel,l have relied upon counsel in making this
verification.
This statemem is mw:le subject to the penlllties of 18 PII. C.S.A. ~ 4904 relaling to unsworn
falsification to authorities, which provides thllt if I make knowingly false statements, I may be
sllbjec[ to criminal penalties.
Dilled: 8-(0 -00
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W.E. Oberlander, Porlfolio Specialist
W. E. OBERLANDER
liUG\60033.1
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CERTIFICATE OF SERVICE
On this 1L~ay Of~, 2000, I, Sherry 1. Weigel, a secretary in the law offices of
Duane, Morris & Heckscher LLP, hereby certifY that I have served this day true and correct copies
of the foregoing ANSWER of the CIT Group/Equipment Financing, Inc. to New Matter in the
above-captioned matter, by depositing same in the United States First Class Mail, postage prepaid,
in Harrisburg, Pennsylvania, to those persons and addresses indicated below:
David R. Breschi, Esquire
Melissa A. Swauger, Esquire
P.O. Box 88
Harrisburg, PA 17108
Attorneys for Defendants
~J~
Sherry 1. eigel
-6-
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY, PENNSYLVANIA
THE crr GROUP/EQUIPMENT
FINANCING, INC.,
Civil Action Number: 2000-3501
Plaintiff
v.
MORGAN HUGHES, INC., AND
MORGAN C. HUGHES
Defendants
PRAECIPE TO MARK COMPLAINT DISCONTINUED AND ENDED
To the Prothonotary:
Please mark the above action discontinued and ended.
I, ~ ~;='"-~i
DUANE, MORRIS & HECKSCHER LLP
By.
Brian W. Bisignani, Esquire
Jennifer 1. Murphy, Esquire
305 North Front Street
P.O. Box 1003
Harrisburg, P A 17108-1003
(717) 237-5500
Attorneys for: The crr Group/Equipment
Financing, Inc.
HBG\64B46.!
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