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HomeMy WebLinkAbout97-00112 No. 9 '7 - I J ;).. Civil Term -~-'"....'--'~ vs. g, /? 1-:.... 1M ," C aouJ Court of Common Pleas Cumbo Co. I I i I I l I , ~ 2: ~ Q., - u ,,; ~ > -l: Cl: Q., 2: g ~ c:i Z r11.;- ,.."; :r> . .., r",1 1 ('. - , '_,1 - r1(". I I'. ,"::I~ q I.,..' .. I ;,,1 I)' '".- C._I," ,{ , , , " '0 " u: '. . ~rr6 town :f8a n h lSlrretown, !P1I. 172'\'\-0060 717-532-6114 J\L. ?l-II"J GUARANTY 1'he words "I", "we", "metl and limy" D1ean each signer of this guaranty. 'Che worde "Bank", "you" and "your" mean the Orratowu Bank and anyone else who becomes the owner of this guaranty. A. BASIC GUARANTY To persuade the Bank to lend money or give credit to J. Michael Adler and ddfrey ~. Cglll.l, TDIlA LSI' Assoc. (the "Borrower"), I absolutely guarantee to the Bank that the Borrower will pay when it is due whatever the Borrower now ur later owes you. This means I will repay whatever the Borrower owes you if the Borrower does not make payment on time or otherwise defaults immediately after you make demand on me for payment. You do not have to sue or take any action against the Borrower or against any property you hold a~ security for the Borrower's debts before enforcing this guaranty against me. If I sign another guaranty agreement for the borrower with you, the other agreement shall not terminate this agreement, but shall be an additional guaranty unless it specifically provides otherwise. .I B. INTEREST: COLLECTION COSTS In addition to the basic guaranty for credit extended, I promise to pay any interest the Borrower owes or may later owe yuu. I also pro~ise to pay all legal and other expenses of collection. C. LIMITATION At anyone time, my total obligation to the Bank under this guaranty will be limited to One Hundred Fortv Thousand 00/100 *************dollars ($ 140,000 ) . I will remain liable up to this amouot (but for no more) even if you lend money or give credit to the Borrower greater than that amount. I>' NO NOTICE REQUIRED The nank need not Ket my approval or notify me if: 1. You lengthen the time to make payment: or . 2. You ch~nge the manner or terms of payment: or J. You sell or take any other action relating to the security you hold for any of the Borrower's debts: or 4. You accept renewals; or 5. You accept different notes or contracts for money you lend or credit you give to the Borrower: or 6. The Borrower is in default. I understand that I wit.l still be liable on this guaranty if you d,. ony or all of these things. i t ( ~ ( ,'" 1 1..) I~" '''-;r ') t ".- . i.6/U!, PI"'"", -'1"'''' ''')'''/~''''''''''.'1) .~....~...,~~ (I . ... j~. "n'k ~1"'r.)' 'i" C...,U' ~ "~,I:,,, Y'\), , ~') (0 1- ,'1 ~/-;] 4 c-:t ,'0 ;:] 2 w t: C J .1 ..: .J - C). 'J \l) ~ v- -T (- .n f:" Gr ~ q- .fJ .... n . - u ,J 00 - , I"') .:.. ((\ :j- I, T d i - rB u - ;j 0- ~~ ~ .J ~ -: Ul 0 cP VI I ~ ~ lJo 7.:.. :.u I!! C': {'j . - l.-I- r:: " Q r- " .. ,J 1.__ l_. :r Z ~ -.J Q (): (.. c:. 44 J u ". I 7" +l -..1\ ' - - oJ c- o "'- . J .J cL. t . . ..... ~ u r. , r- , :3 VJ u c..... , t.fJ 0 w ........ ,- II -6 '- '- ~ :J