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CORESTATES BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION . ]:A.W .f)
No. q7- 150&, ~ T~
CONFESSION OF JUDGMENT
vs.
K.A. WALKER, INC.,
Defendant
COMPLAINT FOR CONFESSION OF JUDGMENT
Plaintiff CoreStates Bank, N.A., successor by merger to
Meridian Bank, confesses judgment against defendant K.A. Walker,
Inc., in the amount of $339,617.02, plus accruing interest on the
unpaid principal balance, plus all costs and expenses incurred by
plaintiff in collecting such amount, and any other monies that
may become due and payable, as provided for in those certain
promissory notes, and alleges the following in support thereof:
1. Plaintiff Corestates Bank, N.A. ("CoreStates") is
a national banking association with offices located at 600 Penn
Street, Reading, Pennsylvania 19603.
2. Defendant K.A. Walker, Inc. (the "Defendant") is a
corporation with an address of 6 State Road, Suite 109,
Mechanicsburg, Pennsylvania 17055.
COUNT I
3. Paragraphs 1 and 2 above are incorporated herein
by reference.
4. On or about February 18, 1993 CoreStates made
available to the Defendant a line of credit in the maximum
principal sum of Twenty-Five Thousand Dollars ($25.000) (as
IDO/II'OI/O'ZJO.'"
1
amended, the "First Loan"). The amount of the First Loan was
subsequently amended on June 23, 1994 to increase the maximum
principal amount of One Hundred Eighty-Five Thousand Dollars
($185,000). The First Loan was further amended on October 12,
1994 to increase the maximum principal amount to Two Hundred
Thirty-Five Thousand Dollars ($235,000).
5. To evidence its obligation to repay the First
Loan, the Defendant executed and delivered to CoreStates a
promissory note for the First Loan, wherein the Defendant
promised to pay CoreStates the principal amount of Twenty-Five
Thousand Dollars ($25,000.001 together with interest at the rate
set forth therein (as amended, the "First Note"). The First Note
was subsequently amended on June 23, 1994 to increase the maximum
principal amount to One Hundred Eighty-Five Thousand Dollars
($185,000), The First Note was further amended on October 12,
1994 to increase the maximum principal amount to Two Hundred
Thirty-Five Thousand Dollars ($235,000). A true and correct copy
of the First Note is attached hereto, marked Exhibit "A," and
incorporated herein by reference.
6. The First Note provides that interest will accrue
on the principal sums advanced at a floating per annum rate equal
to CoreStates' National Commercial Rate plus one and one-half
percent (1.5\).
7. An event of default has occurred under the Pirat
Note due to nonpayment.
1Da/1IfO"11I)O.'"
2
8. As of March 20, 1997, the outstanding principal
balance of the First Note was $199,500.00, together with accrued
and unpaid interest in the amount of $2,269.31, which totals
$201,769.31, plus accruing interest at the floating per annum
rate equal to CoreStates National Commercial Rate plus one and
one-half percent (1.5\), plus all costs and expenses incurred by
CoreStates in collecting such amount and any other monies that
may become due and payable under the First Note (collectively,
the "First Debt") .
9. The First Note contains a warrant of attorney that
authorizes CoreStates to appear on behalf of the Defendant at any
time and to confess judgment against the Defendant for the entire
First Debt.
...
~)
10.
Pursuant to the terms of the First Note. the
amount due CoreStates as of March 20, 1997 is $201,769.31
itemized as follows:
Unpaid Principal
Accrued, Unpaid Interest
Total
$199,500.00
$ 2.269.31
$201.769.31
Plus accruing interest on the unpaid principal balance after
March 20, 1997, plus all costs and expenses incurred by
CoreStates in connection with collecting such amount, including,
but not limited to, reasonable attorneys' fees.
11. The First Note has not been assigned nor has
judgment been entered upon the First Note in this or any otber
jurildiction.
IDO/Jllt'/llal'.,"
3
12. The judgment to be entered herein is not being
entered against natural persons in connection with a consumer
credit transaction.
WHEREFORE, plaintiff CoreStates Bank, N.A. prays this
Court to enter judgment against the defendant K.A. Walker, Inc.
in the amount of $201,769.31 plus accruing interest after
March 20, 1997 on the unpaid principal balance at the per diem
rate of $54.03 until judgment is entered and thereafter at the
statutory rate of six percent (6.0t) on the entire judgment
amount until full payment is made, plus all costs and expenses
incurred by CoreStates in collecting such amount, including, but
not limited to, attorneys' fees.
COUNT II
13. Paragraphs 3 through 12 are incorporated herein by
reference.
14. On or about July 13, 1995 CoreStates loaned to the
Defendant the principal sum of one Hundred Fifty Thousand Dollars
($150,000.00) (the "Second Loan").
15. To evidence its obligation to repay the Second
Loan, the Defendant executed and delivered to COrestateB a
promissory note for the Second Loan, wherein the Defendant
promised to pay CoreStates the principal amount of one Hundred
Fifty Thousand Dollars ($150,000.00) together with interest at
the rate set forth therein (the "Second Note"). A true and
RDG/lt'OI'OaJJ'.'"
"
correct copy of the Second Note is attached hereto, marked
Exhibit "B," and incorporated herein by reference.
16. The Second Note provides that interest will accrue
on the principal sums advanced, at a fixed per annum rate of nine
and one-half percent (9.50t).
17. An event of default has occurred under the Second
Note due to nonpayment.
18. As of March 20, 1997, the outstanding principal
balance of the Second Note was $135,242.19, together with accrued
and unpaid interest in the amount of $2,605.52, which totals
$137,847.71, plus accruing interest at the fixed per annum rate
of nine and one-half percent (9.50t), plus all costs and expenses
incurred by CoreStates in collecting such amount and any other
monies that may become due and payable under the Second Note
(collectively, the "Second Debt").
19. The Second Note contains a warrant of attorney
that authorizes CoreStates to appear on behalf of the Defendant
at any time and to confess judgment against the Defendant for the
entire Second Debt.
20. Pursuant to the terms of the Second Note, the
amount due CoreStates as of March 20, 1997 is $137,847.71
itemized as follows:
unpaid Principal
Accrued, unpaid Interest
Total
$135,242 .19
~ 2..6Q~.!2
'11'r84?'71
lDQ/l..01/01110..I.
5
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amount until full payment is made, plus all costs and expenses
incurred by CoreStates in collecting such amount, including, but
not limited to, reasonable attorneys' fees.
Dated: March tL, 1997
By
Dav d M. re
Attorney 1.0. No. 65
111 North Sixth Street
P.O. Box 679
Reading, Pennsylvania 19603
(610) 478-2000
Attorneys for Plaintiff,
CoreStates Bank, N.A.
lOG/att'I'OlISI.I..
7
CORESTATES BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
:
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
No.
vs.
K.A. WALKER, INC.,
Defendant
.
.
.
.
CONFESSION OF JUDGMENT
ENTRY OF JUDGMENT
AND NOW, this JV~day of March, 1997, judgment is
hereby entered in favor of plaintiff, CoreStates Bank, N.A. and
against defendant K.A. Walker in the amount of $339,617.02 as of
March 20, 1997, plus accruing interest on the unpaid principal
balance, plus all costs and expenses incurred by plaintiff in
connection with collecting such amount.
~LW_n ~. ')1fdJ4.. / hu.....
Prothonotary I
aDO/...../.I.......
CORESTATES BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
No.
.
.
vs.
K.A. WALKER, INC.,
Defendant
.
.
CONFESSION OF JUDGMENT
AFFIDAVIT OF LAST KNOWN ADDRESS
Douglas R. Good, being duly sworn according to law,
deposes and says that he is a Vice President of plaintiff,
CoreStates Bank, N.A. whose address is 600 Penn Street, Reading,
Pennsylvania 19603, states that the last known address of
defendant K.A. Walker, Inc. is:
6 State Road, Suite 109
Mechanicsburg, nnsy
day of
I ,. ~.. ~ _ .
'- . 'Ill'; lL / ./ {CtWf
!:j"ary PubLic
. J CClIIIIIission expires: '
NOTARIAL SEAL
IAIltlIE l. GIl'UIE, flGlIrt ""*
RHO.:! -&. jdf.. t:untY. ..
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..lVIerldlan Bank
Promissory Note
. BUline..
s 25.000.00
February 18,
, 199..L
FOR VALUE RECEIVED. lhe Undersigned,lnl.nding 10 be 1e9111y bound, promises 10 pay 10 th. order 01 M.ridiltl B.nk,the "'Bank", ., ill 35
North Slxlh Slre.t 0"1" In Reeding, P.nnlytv.nll.lh. prlncip.llum 01 Twenty Five Thousand and 00/100--------------
------------------------------------------------------------:'OoIlerl p.yabl. .1 provided below, with im.rell
accruing altheral. 01 Meridian Bank I s National Couunercial Rate olus 1. 50%
per annum untd paid.
Inlerlll may b. COmpuled on the bllil ollhe aC1\I11 number 01 daYlln the eal.nder yee, divided by 350.
11th. Inlerlll ,"I. ..llorth above '" reler.need 10 tllher th. Bank'l N.lional Commercial Rail, Leeal Comm.,eial R.II 01 AGricultural Commereial
Ral., th. Underlign.d Ind eech QbligOl acknowl.dg. .nd .gre. Ihal (i) sue/l relereneed r," is . naating .nnu.1 rail ollnllrell th.1 is d.lignaled ~om
_ 10 time by the B.nk .. Ih. "'NatIOnal Comm.relll R.II:' "'Leeat Commerci.1 R.I." 01 "'Agrieullural Commerei., Rat..., ..the c... m.y be, .nd
Ia Uled by the Banll II . reler.ne. b... wilh relped to dl".renllnllrelt ralll eharged 10 borrowerl: (W)the rail ollnllrest payable hereunder lheR
eIlange IlmultanaoUlly Ind aUlOmalieal1y upon the Banll'l dllignalion 01 any eheng. In IUell refer.nced ,ale: and (Wi) the Bank'l delermination and
deslgnallon ~om time 10 lime 01 the raler.need ral' IhaR nolln any way preelude (he Bank lrom maJclng IoenllO olher borrowe.. at a ,ale whidl is
higher 01 low.. than 01 di".renllrom the reler.ne.d rail.
1. (Single Prlnelpal paym.nt Loan) Inlerlll on Ih. unpaid princlpallo due and payable
, 19 _. Th. luW lum 01 the unpaid principal and 1n1....11o due and par:b1e on
2. i~.mand Loan 0' CredU Avai~~lily) InllreSf on the unpaid princlpallo due and payabl. mon t ly
Apr 1. , 19 _. The lulllum 01 the unpaid princlpal and Inlerest is dua and payable on d.mand.
3. (Inltallment Loltl) Principal and Inlerest are due and payabl. In _ eonlec:utive inSIallmentl 01
S eeell. beginning , 19 _ One final paymen1 01 any rernalfling unpaid princ:ipal and
Int...stla due and payable on
4. (PrinopAJ Plul InllreSf Loan) Interest on Ihe unpaid prineipallo due and payable
, 19 _. tog.ther w1th c:onaec:utive
01 S laeh, beginning
together w1th any remaining principal and 1nt.res11o due and payable on
beginning
beginning
beginning
principal inata_
,19 _. One ftnal paymem 01 S
TN ~ INlI owe. WIgle late pIIymen1 ~ ~ lit.... ere..er 01115 or 5' 01 "'.,...... M Oft..".... cNte lor IUCfl ..... CfWge.. fit '*""1Nf...... ....1. .......... pay-
....,alN...."""'"_onJUCft..dateill'lOl~br.......OI'lor~".15..~.,....,..~Ma..
COLlA TEAAL AND W.IILIT1ES
AI ColIat...,.. "!:nodI II HCUnfy lot an, and .. Uaboibo. III Cle_ and ... ~ and .acIl ~ (II dIfinod) ll''''' . _ _... .. II CCIalofIl 10
'" Bri. The ttn'n "liabiIitit,- includes the..bilrty evidttad by IhIs Holt rlftduding any PIll prnenl 01 fI.Iture lCfvanen Of "adYanc".I'a~~ a-a. .JrtIlMlOnl. NneWetI.
_.... cNtva. _. and.... of any and "l\'OItJ and ......._ 0U1StInCli0'G..... Sank """'... Uoodoo"O''Od..snyOOOgor _....__
"" UncSrIrI9'*S and II l*tonI 0U\ef"Ntse iabIe lot IN payment of hi Holt, 01' any renewlll. .J:tMlllOftl Of mod4lcabonl awr.of). wt\tO'Iet rnnary. MCOl"CIItY. cIit'Ict 01
conIingInI. JCWd. sev.1I 01 independent. now or Mfeaftar '1U1tIng. due or 10 btCOmt due to. or Mt(J Of to be tIetd by. the BaNe lor III o.n accounI or u IQIt'It b' enocNt
Of' aINtt. whttNr cr..tt(I dittctty Of ICqUwtd by nil9""*" Of 0If'ItrMM. T.... auttendel' of "" Hole IftII tlOI ,"Iet M ngN 0I1t'le lank to rwc.... 1N COltaw. b IUCft
.....~. The......""CclIaI...... _......... ......bonlly r.._ of -.._.. tangol>le and "'an;ot>'O propony of svory Cle_. f"""""'"ll"-.
.~~ and II proc;ndIl u Nt Ionh on any IfPItltely ,_acutt<l document I'#Idencln; . MCunIy or olhet Il'\tttell In favor oIINIri, or now or ..,after... N pouu.
10\ Of' C\iIIOdy' of Of In Itanllt to IN Bank tof any put'pOM,ll"duGIng MfeitNPl"9. CClIedlOn. plltdge. tor KtQUnI of.... UndeIligllild Of' U to -"'th Il'1Y of" ~
may _sny ngN" po.... and'" SIlO _sny propony.... _ II sny _Ily'" ""'Y of sny ......... '*""'-..... ......... of _ ~ The bIlaru
01 every account of any Uno~ W!lh, and each d&tm of any ~ IQ8ttlIt IN Bat* .alSllnQ horn time 10 bmI II IUtlttd 10 . hen and MCUI1ty net,.. In favor
aiit'll: hnk at MCUtIfy lor any and .. UlbltlbI, and II ~ 10 Nt oft ~ eny and aN L.iIOtibu, and the a.nk .mII}' at any brne or from me " bme. II U opbOn ..,
'Mtt'ClUt rcJbce appropnate and aopty toward the paym.nt: 01 any such l.iIbdibet In SUCh onhrr II the 8ank detltfmtM'S ., Its chtcrtbon 1M balatU of tad't tud'l ecc:ounI ....
and .1IC:h dan\ ag&Jnst. the Bank. the e.nk it deemed to h..... 'l~ SUCh rlljJN 01 'Nt on and to hive mldt I d'latQe a;WIII any SUCh ac:c:ourlIllTll'T'IIdIte4 upon IN
DCCUrNnCII of . CSefautt 'Yen though Jud't Charge I' mAde 01 tnfMId on the boo... IUbMQuentty by the SaM. ~ Sri hll. Dutil not IltnQd 10. .. "IN . .,. IN'ne end
tom tme to bmI wttt'lout note. to: Ca. pt<<jQt. IUI9" or transf., !hi, Note or ttNt Cdtaterll of any porbOn,.tof (b) ttMlfel' JntO III 0W1" ~ Of Nf at U "Omlt'M II or
any part all '" Coftater..; (elt.etON wotmg nghts Of'lany CotIaltt'a1.ldl notify any OblIgor on any CoMaterlllO maIlt paymM dw<<tIy to.,. SIN at any amountI Ch.e 1WIOn;
and (I) takl c:onIrOl of tht prOCHClI of any CoAat..al
IHCORPORAnON Of SECURITY DOCUMENTS
'T'N note IhaI be Iubfed 10 "Ianni and c:ondrbons of. and "" hOldeI heftoI ~ be entlUed to..... ~ and beneMI 01 any mon;.ege or __ -=unry ctoc:urNN
ftOW 01' Pfh'lOUlIy ..KUted by any 01 rhe ~,., ~ c.e~tcllO '" 8anII-. co...lK1aoJ\ WlIf\ IN ~ 01 any of... ~ end twCft ~ 0II__11CU"tY
ctocumenfI- rcotJIOfltM by '.'-'ere. .., thtl NH. SM mon;aot Of oIW ItCvnty csoeumerc thai MCuI.1JlIYf"t"I 01" .... d\argtt and __ tuma due unDIf hi ....
..1ddiIton lO~ I/'IdtnterQ!_ To IN .1I11nt petn'IItted byla..lI'tI "OtIMI" noI be prepe.d'.c'IClIUIQf'''1O "'WI'IIlng by IN .."..
Ol'AULT
The ~ of any one Of mot. at IN IoIowtng II'Iai contttUI' 0etU by '" UrICIltf....-4-~~........:If InY of"'" ~ or."., poIWl...........,..
in h ~ due. ~ by ~1bOn Of~; (b) t..,. by the l)4..___...4 Of "" 0Ihtf 10 ottIerIe ar DWtamt any ~ ..wm.l. COflllIIICftOf tMft
oIlI'r ,,"".~4. document.. rnortva9t Of othtt' MCunty oocument 1'<<t.IItd by ..lh_.....4 Of II'Y OIW 0bIIgcr and cIeWIrId III "'.... lPl_....(:ti....1IC\ My DIe..
u.bIiibn;(Cl brMc:*' by """ otlrle ~ 01 any.. Clbhgc)r at enyotlipbonar duty to'" 8anIa;(d).., '.'MloCabOf...""""''''"", fINnDrIIcw................
__... _ """"""" "snyu.o_..sny _0ll0ll0'-.d1o"''''''1ly ....._of...~l9ltd..sny_ 0fl090r-_
.. be; ...... mMadIng or ~. '" an.,. m~" rllPtCl (It . ~ IdwerII cNn9t CICX:UfIW\ 1"1 ~ c::oncIII'on of hi ~..-+... or .,., ocr. 00I0Dt ~
. ut'IlCCI.5lt&fN to'" Bani; If'lltl JOlt o.~ from tN concMIorl molt ~ /MdoHd to........., any~: (f)" U_.."...4 or...,...ctIM;or..............
......, ~.. reorvll'llH Of c..... 10 ~ OOIfahOrlt. Of CW'lPltft 01 .......10 do any at ""~; (g) a '""*" or,.... II ~... UncSrIrI9'*S
CIf ""-. 0bll90t0l' lor allOt alubtta/"lNl ~ Of.. Of "* ~..,...,.~..., ..........."'~ Of~ f\at....,.~CJI..CIf..,,. 'en... *"..
~ Of '" ~19"td or othtf' ~ If'llft'f ~ l>'<X.totOoliO. Of ". \JIOtf"9'" Of '"' OIW fiItt; a pRItrclift or.... JIIId ~ ItA.... r, - /........
""*' or UIl"Oef I"Y .."..., "*. 11&1, Of lIIdoetll. now Of 1'>ttH:'* ..tlt.... ('C 1uCft. DtMtOri tI Meet IQM"IM .. ~.......4 or ...,.,.,.., 0tliIg0t. or... U. ......4....
0ibIIgDr McamM~. ~......, .....-.cld,.'" "'_.. an ~ b ......", c:redlIorI Of Id'nU an..... III Of'" ."._'-, at inlIMIr or.....,.,.
., .... iMbII ptWaIy UINy bIa)rne due. or tut ..., 60 111,. to pay or boftd 01 ~ dItc:hIt9t .,., ~ or II- . ~._.. ...,. II ...... ~....... .. f..
U"_..4 or "" Dfh.f Obttgor ~ I ~goang N of bu~..' Of ~..... or holds or ptrmCIliWd' ...... (hI... ..._....401' ~~.~ ~1 III
1ft.... to ~ or ~,.~ lor any cst Ihtllu.triln. or....... una. '"' 0IMr note. 4lQo~,*ol""'.""""'" ~ Of ftl&Irt'Ict....
...... Oil ~.......,., ~ .... ~ Of anv otrw 0tlIQar. A -..-t ..., ..", 01 "'... ~ I fftMINf......... tIIIIa """"" ...
....... '-** INttlof ""' JC:letW1tI atIl m~ ~ or"""-" h ~ Dy N u.....,.. Of ...., .. oc.vor 01.. ngta.,.... """-flIIIL ............_4.
....., ......". OI~. (II ttIy ~ of... V..........'*' 01 arty ohr Otltlgor btc:ll:wnrtt N ~ of ~..-1:~ ....411.".,.,... or. ~......, ~
.......,.......1lIQI'*1 by N .....,) (;1 any IUC*tMeI '*' 01 N ~ of N ~_or any oiIw iI~._J~ -4""'_ _ .....;.~.~
(10)'" u......~......sny _~ _.. _11'_" _10 _"'.....ltr. ............... ...._....,.."'~_'"
_ _ _........... ~I i>t ~........ _ 000g0r _.. """" _.. _ .....,,_, It... __. .... _ ~~.1I
....-......__......._000g0r._..........._"'_.....__1oI_._ j ,. .."'-....- · 3
(n)...an.'"I'llI""~IndQOOd,e<<t't.IfItO..ot...~............erlhit~........_...,~1P<T" II] J_,
.... I IJ'-.MII
The UlI~1ed and II 0blig0tI hereby .Iive prnenttr.enlIOf paymenl. noIJCI at cMmand. nota of nonptymtnt Of dlshOnOl'. ptol.lt. note. 01 proll.t. and all OCher NbC"
~ ..Ol.~ WISh 1M deMfy. ecclptance. deftutl 01 entorc:ement at pa~ of Chi NoIt, and hertby wawl aU note. 01 ngM 01 IPptOVal of any .rten$lOnl. 'IMWIII. rncdIfi.
catIOnI 01 torebellantn wt'lIth may be &IIowed. Upon the oceurrenct.ot any Oefautt.1M pnnopal of and tnl....st.wued on ttus Not. and any and an other Uabdlbtl toQtlhet
... COllI 01 CClIIIClIOn.1nc;Juding lnomtYl'lHI of 15" of It'll unt)aid pnnopal. ar' WnrnrtOllely due and payU;t. II if the ..m. had 1ft U'Ie fitSlIllStanca bUn payatllt II
-..eft time, wIChout rtQUiMg any rKOUf'M aglmt any oChet penon Of property ..bIt tof 01 HCUntlO the Noll 01 any oct.., liIblbtl~., and the BaM ''''''1: II) ,.IfOM III flQhts
aI ... on .. Nt tonn: (b) hold II MCUttry any CoAIllfal in _Nth tI'II Bank has any nllesl until the Bank II paid III tult; eel take PO'HIItOn olin., eon'teral and ..t all or
II'If ~ upon ,JChInge 0111 any public Of pnvlll salt .t the optIOn 01 .... SaM at any tImI 01 bmel ..lhOul .CIve"IIIMf'1 or demand upon or netIC' 10 the Underll9ned :Jf
11ft 0bI00'. .. of -"*='" .,1 hereby Ilptluty waNed ..eept such nota II is reQUll'ed by appIcaIM ..arut. ,nd aMOl be wllYed. with lht noN on the patt 01 the Bank Of
.. nomI'lH 10 bICOmlt the purc:haMf I' any .... CurVeu ptohlb4td by statuti. If" Irom any equafy of re<:ltmptJOn and from ,- Olhef elIlm.. a.ncf Iftlf deduCtII\9 .U '-911 and
__ 'lfpenMI tor rnadIIfW'IG Of MLng the CoUa!tral and an InClf'l"leYS' ,.....'-9aI Of octlef "penMS'Of c:0I1CbOl'l. 11I1 an d.INlty. to apply the r.!Idu' ct (1'l1 procHdI
aI "'.... tit..... to pay (Of hokS u . r.MfW 101"*) IhlI Not. and .. O(htt ~: (d) J.ClPIy any lundl reClINed tMltr tI'\an through dlspoSlt1Ol"t of Coll.l.ra! under ,lIult
let t'ItNOI. WI such order and amountS" eN Bri in Itlsole ~ ahII dettm\lne.1O lhe paymenl of (he unpaid pnnopal ballnce of. all accrued IOtlrest on. and any
CDIIIIncurTtd In N coIec;IIOn of any sum due uncJIf'. tNI Noll. Including but rIOt miteS to .nomey" 'H': and (') ...rtlI' any and an r.medl".tucn tM SlntI. may lhen
....... ""'" 1M UMorm CQtnrnItOII Cod. or any OIh.r appIcetH law. regulabOtl Of c;ontron.ng legalluthOrlty
M rightS tit remedllI of the Bank set toM tit ()therWI1t ....tang art cumut.bVI. No OItIY Of IPure by "" Bank hef.'". ." ,."osang any 01 It. OClfJOnt. powerl or ngN'
tit. ~ tit Il"QIIllltCIM conIlItutll a wlNlf at tn. ngf'lllO tltrCflllhl ume or any 0IMr ngttt'llny 0Ihtf IIrM Of lrom llInt to bme !hIr..ft.,. ThI Bank II noI ftqUIIld
to ,..,., to IIT'f ~ IICUtlIY 01 ptflOM to entotc:l paymtnt and .,. BanIli . noIlUbttd 10 any matlhalt'"9 requtttmllf'lll Of .,qu1t.1 among ChI UndlrSlgned. II mar.
.........,ond_.OI~ondanyClt>logots.
CONFESSION OF JUDGMENT
_ 01 .... . dffaull hU occurrtel 01 II ......"...,g. ... ~ and .adI ClllhgOI hofOby _. and __ ..evocat>ly ... P_aIY 01 any Clt<1l. any
.... _, ampIoytt 01 agtt'd 01 any .1IOmty 01 any 00Uft 01 rKOlll 01 P..-yIY_ 01 _ .. _..101 and" _ juclgmtf"' ~ ... \Jndtf"ll"fCl and any
QtlIp upon _ 01'" _ .... bI... (1IIt _ ., 10 .......1OImuI. _ Ilt _ II soItIy a. ... 0_ 01'" Noll _I" ..,,, (.)Iot'" lact .......
...,.a pIuI ...... at INIIU1ed ratl: (b) lot .. amounts due. inctudlng but: noC IImlted 10 a.1I d\ItaI'l and inCer'" acaued lilt'll ....ed fatl and any and .. OCMI NblIIMI
. or My 1ImI. put. presenI or lulurl. ANJ sud'l COl'IMIIlOl'l shaI be ..., 01 WChOut dtdarabOn. WIIfi COllI of IUd. retd.. of tn'OI'1. wiIhOut Slay of ..1CUtIOft. wct'l the w-Iter
01_ _ 01 S1.llOO.00 _ u allOmty',Ite. and...lJrdt<sogntd and.adI ClllhgOI".. .- ... ngN 01""'- on any re" .......... may Ilt - upon
~ to... ~ _. end clO....tby -'Yconcltmn'" _ end _.... ~ 10 __...wro 01 E.otc1lbon .....".,.......,_.
IOn, and Iwt fUI'Iher IQ'M IhIt ... re. ....te may blldd on a wrc 01 EaCUbOn. wG\' waiYef and ,...ue or .. reIitIlrom .. appraiMml"t. stay Of ,1I.emp".lOft a.WI Of ruleS
aI c:owt.,..,.,1n tore. Of htrIaftet enacted Of adOpCed.
The ~ end .. 0bIiQ0n _11II1 by I9'Hong........ 11II* may -. juclQtmt'O _.lhty........ ngN 10'-' on a ""'" ~ ....catOllll
.. __ ..... ..... IIld 1oabId... ond lhty lunI>to ac:knowlt<lgt........ 11II*. _ 01 .... a Ott.... hU """"tel. ...y - a Jud'l"*" ~... ~
and tadlolll;gOI- _ __0I_1Ild _\tIt~OI anyClllhgOl"~""''' anyClt_. ...oIf.c:ount_OI.....~
III u............d 01 any OIlIIgOI"'y _. and ... ~"Il"fCl and any ClllhgOI..pr_ .- sud\"'" u an......... pII1 01... -_. No songIt ..- 01
'" toregoing warranI and power to.conttll ~"detrT'IId 10 11l.MuIt h power. wt.IIW or noC any IUd'I tlltClSl is httd by Iff't~ 10 be invalid. vodabIe 01 VOId.
tIuI .,. 100"". wi contanuI ~ and may be 'leraHdIrom IlmlIO IImI' II often U IN Bank -.ctI until .. UatI*IIn Mve been pItd 1ft tuI. The Bank may. in
1I.oIe cbCNICJft. lllfOM lhlt auChontY conIaINd her.., aga.wuJ one Of mot. U1"~1iICI8f'00f 0t*g0r'I at one and" same bme or 11 difttrtnl DmII.
IIlSCEUAHEOUS
. ,.." _ """ .._..... Not. u s...<y hofOby ..._..........., _ Surtly..... 11II* 101'" "'" end poorl'IlI ~ - due. -by ac:ctIt<_ 01
_. and II .. _ .......... 01 .. 01 \lot ~,. The ..._ 01 any _ 01'" Noll -. ....a_ ... __ _. 01 any 1lO'l-. end on ...
_01 any tuCl\lnv_...... "'"' ..conslNtd u' """,_had...._"""'" The~' """.-..... artJO'"llY end -- ond........
'U"""_~ ~ used rntanslad'l 0I1'l1~. AI 0I..1etmI enct prOVIIIOftI..".1D end.. bnOng upon... heirs. ,JtQJtDrI. .(),._'""'......1UCCftICIfS,
,......_....... recerwr1. rusteel and lIIq'Iofh parMS.
I any 01'" ~ 01 any _ _...-.g 10 ... 11II* .. .... paod on U _ due. ... _ hU ... ngN. II .. _ end"""".-e. .. -... tom any
_01'" \Jndtfsogntd_... _ an",""",, _1O"""'__and.._"""'................,.....oI..._~
MIIftftI. ra<g bow... atWJ provtIiON.... governed by and CC)f'lIUWd in KCCfdanCt...... taws 01" c...l~ ....aJIh 01 PerNyf\rerM.
.. WITNESS _REOF,... _ -.cIong 10 Iltltglly IlOuf"d hofOby.""'''- hi -... day end .,...IirII_""'"
SURElY.
(lh.....-.....)
BORROWER;
\11_.-_')
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X. A. Walker, Inc.
~ ~-)
By: ~
: .nn.th ~pr..1dent
By:
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Meridian Bank
Amendment to Promissory Note
THIS AMENDMENT TO PROMISSORY NOTE datod tho ~ day 01 VoJ oN c...-- . 19 94 . by end botw..n
K. A. Walker. Inc.
a pennsYlvania corDoration rMalcor'),ond MERIDIAN BANK, a Plnnoytvanlabanldng corporation rPay..'.
BACKGROUND
On February 18. 1993 . Mal<o...ocu1od end dlllvored \0 Payee I1t promlllOry nDle in tho otlglnal principal amovnt of
Twenty Five Thousand and 00/100
00I111S ~ 2 5 . 00 0 . 00 ) (!hI 'Nolo,. Male., end Payeo dill.. \0 amend tho Noto \0
ptOYldo lot changllin the OrinclDII of thl Nola.
NCIN, THEREFORE, the paI1I11 _.1n1OndIng \0 be Iogllly bound, horoby ag..o II IDllowa:
1, PrlnclDII. Tho Nolo II horoby emlnded 10 1haltho principII omounllhlll beOna Hundrod Eighty Five ThouIand end
00/100 Oollara IS 185.000.00 ).
2. Inloroll Roll. From and _
payabIa at
. Intoroll on the unpaid principal baIanco of tho Nola IhaII bl
3. RooavmonlTonno.
leI (SInglo PrIncIpal Paymonl) ~_ on the unpald principII II due and payabll boglnnlng
. Tho IuI oum of tho unpaid principal and Interoot II due and payabIa on
lbl (DIcoun1od l1mo Nolo) Tho fuR oum II due end payabIa In_dayo on
(c) (Domand Note Of CrodlIIwallabill1y) lnI8mI on the unpaid prInc:lpaI II duo and payabIa boglnnlng
. Tho fuR oum of the unpaid principal and _.. duo and payabIa on domand.
(d) (Ino1aIImonI Note) PrIncIpal end In1arIIl lIS duo and payabIa In_ canaoculIve Ina1aIImonta 01
S oaclI. boglnnlng , Ono ftnaI paymonI 01 any remalnInO unpaid
prInc:lpaI end 1n1oro1l1l duo and payablo on
S
S
boglnning
principal Ina1aIImonta of
Ono l\naI paymonI of
IntOtelt .. d1le end payobIo on
(01 (PrIncIpal Ptua _III Loanl ~torut on the unpaid principal II due and payable
. lD1l- wiIh__ltte
oaclI, bogfl.oing
togo1hor wiIh any romalning principal and
..-
\II _ I the Note II propaid lot any -. III Mokot _ pay \0 the l'I'fM a propaymllll ptMIoQo foe equal 1D
...-. ( "I Of ... principal -
pIIpaId.
\lll_ ThlaNotemaybeptlpai4,__1D_,_~orpeMl1y.
(c) _ My paI1ial ~ of principal_ be In iIIloQIW rnuIlIpIII 01 ~ 00Iatt
IS I, _ be IpfllIod agalnot ICt t1t..... ....- of princlpoIln tho _ _ of --.nty, and _ not
poolpOlll Of roduco any..gularty DI dulod......... DI principal Of "'-
.. ThIa __ be _ to be. pall Dlthe Nolo.
5"tt
e. CONFESSION OF JUDGMENT
, ,
MAKER HEREBY IRREVOCABLY AUTHORIZES AND EMPOWERS BANK, BY NN AUTHORIZED OFFICER, EMPLOYEE OR AGENT. OR
BY ITS ATTORNEY, OR BY THE PROTHONOTARY OR ClERK OF NN COURT OF RECORD IN THE COMMONWEALTH OF PENNSYlVANIA
OR ELSEWHERE WHERE PERMITTED BY LAW, UPON THE OCCURRENCE OF A DEFAULT. TO APPEAA FOR AND CONFESS JUDGMENT
AGAINST MAKER IN FAVOR OF BANK IN NN JURISDICTION IN WHICH MAKER OR ANY OFlrS PROPERTY IS LOCATED FOR THE AMOUNT
OF NN OR AU. OF THE UASIUTlES, TOGETHER WITH THE COSTS OF SUIT AND WITH ACTUAl. COLLECTION COSTS, INCLUDING
REASONABLE ATTORNEYS' FEES, WITH OR WITHOUT DEClARATION, WITH RELEASE OF AU. ERRORS, WITHOUT SfAY OF EXECUTION
AND THE RIGHT TO ISSUE EXECUTION FORTHWITH, AND FOR DOING SO THIS NOTE OR A COPY VERIF1ED BY AFfIDAVIT SHAll BE A
SUFF1ClENT WAA1WfT. IMKER HEREBY WAIVES AND RELEASES AU. REUEF FROM NN AND AU. APPRAISEMENT, SfAY OR
EXEMPTION LAW OF NN Sf ATE NOW IN FORCE OR HEAElNAFTER ENACTED.
MAKER ACKNOWLEDGES THAT BY AGREEING THAT BANK MAY CONFESS JUDGMENT HEREUNDER, IT WAIVES THE RIGHT TO
NOTICE IN A PRIOR JUDICIAl. PROCEEClING TO DETERMINE ITS RIGHTS AND UASlt./TIES, AND MAKER FURTHERACKNaM.EDGES THAT
BANK MAY OSTAlN A JUDGMENT AGAINSf MAKER WITHOUT MAKER'S PRIOR KNOWLEOGE OR CONSENT AND WITHOUT THE
OPPORTUNITY TO RAISE NN OEFENSE, SET OFF. COUNTERCLAIM OR OTHER CLAIM MAKER MAY HAVE, AND MAKER EXPRESSlY
WAl\lES SUCH RIGHTS AS AN EllJlUCIT ANO MATERIAl. PART OF THE CONSIDERATION. THE FOREGOING POWER TO CONFESS
JUDGMENT MAY BE EXEACISEIl AGAINST MAKER AT ONE TIME OR AT DIFFERENT TIMES AS BANK ELECTS UNTlI. THE UABlUT1ES ARE
Fl.U Y DISCHARGED.
7. Nl .._....11I "'" Noloo In ~ d_lD "'" Poyeo In ll"ni'.c1Ion wi1Il "'" Otcfrt __ ~ 1M Mobr oncI "'"
Poyeo 11III be doomocl ,.,......'" "'" Noloo ullTlllldld hoIeIn.
.. In d_~ 1ho Noloollllofoby_ oncI....C_.
IN WITNESS WHEREOF. "'" potlIoo IlIII10 ..... ClUlldlhll Amooldmonllll Pror '" C J Noloo III be duly IJl--.! oncI doII...od 1M day_
yoot tIrot....... wrtIIon.
80.._ 1I1ndhlduo1o, plIl1nIoolllpo.ltI:.) 1Iol_ \II co.,.o._~
81..".. Noma. K any
1\.A._.ft.
CoIpcnl8~ ~~ - /./~~
By. g [.4".-et./e'~_ .-
TlIIo.~A..""r, . .;; /'
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T/lIi:
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IooIERICIlAN lANK
By. c.J..t.':..... ~_
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AnIIl:
TIll:
StRT1ES:
_A._
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".
8. CONFESSION OF JUDGMENT
MAKER HEREBY IRREVOCABLY AUTHORIZES AND EMPOWERS BANK, BY AN'( AUTHORIZED OFFICER, EMPLOYEE OR AGENT, OR
BY ITS ATTORNEY, OR BY THE PROTHONOTARY OR CLERK OF AN'( COURT OF RECORD IN THE COMMONWEALTH OF PENNSYLVANIA
OR ELSEWHEPE WHERE PERMITTED BY LAW, UPON THE OCCURRENCE OF A DEFAULT, TO APPEAR FOR AND CONFESS JUDGMENT
AGAINST MAKER IN FAVOR OF BANK L'I AN'( JURISDICTION IN WHICH MAKER OR AN'( OF ITS PROPERTY IS LOCATED FOR THE AMOUNT
OF AN'( OR ALL OF THE UABILIT1ES, TDGETHER VvtTH THE COSTS OF SUIT AND VvtTH ACTUAL COLLECTION COSTS, INCLUDING
REASONABLE ATTORNEYS' FEES, VvtTH OR VvtTHOUT DEClARATION, VvtTH RELEASE OF ALL ERRORS, VvtTHOUT STAY OF EXECUTION
AND THE RIGHT TO ISSUE EXECUTION FORTHWITH, AND FOR DOING SO THIS NOTE OR A COPY VERlAED BY AFADAVIT SHALL BE A
SUFFICIENT WARRANT. MAKER HEREBY WANES AND RELEASES ALL REUEF FROM AN'( AND ALL APPFWSEMENT. STAY OR
EXEMPTlON LAW OF AN'( STATE Nf1N IN FORCE OR HEREINAFTER ENACTED.
I
~
MAKER ACKNOWlEDGES THAT BY AGREEING THAT BANK MAY CONFESS JUDGMENT HEREUNDER, IT WANES THE RIGHT TO
NOTICE IN A PRIOR JUDICIAL PROCEEDING TO DETERMINE ITS RIGHTS AND UABIUTIES, AND MAKER FURTHER ACl<NOWLEOGES THAT
BANK MAY OBTAIN A JUDGMENT AGAINST MAKER WITHOUT MAKER'S PRIOR KNOWLEDGE OR CONSENT AND WITHOUT THE
OPPORTUNI1Y TO RAISE AN'( DEFENSE, SET OFF. COUNTERCLAIM OR OTHER ClAIM MAKER MAY HAVE, AND MAKER EXPRESSLY
WANES SUCH RIGHTS AS AN EXPUC/T AND MATERIAL PART OF THE CONSIDERATION. THE FOREGOING POWER TO CONFESS
JUDGMENT MAY BE EXERCISED AGAINST MAKER AT ONE TIME OR AT DIFFERENT TIMES AS BANK ELECTS UNTIL THE UABIUTlES APE.
FUlLY DISCHARGED,
,
7. NI mo",,,,"1O tho NaIto In documontl dolivolod 10 tho PlYU in coMOC1Ion with tho Crodit Accomodationl belwtln lho Mall.. oncItho
Poyoo - be dllmod more","1O tho Nolo u omondod h01l1n.
.. In oil olhot relpoclS, lho Nolo II hOllby roUflod end confirmod.
IN VvtTNESS WHEREOF, tho pII1I.. hoto1o haYO cauood lhlo Amendmont 10 Promiuofy Nolo 10 be duly u_ oncI do_lho clay oncI
~ tlrst.- wrtI1on.
~,--.. IIIndMduaII, pI/1nIIIhIpI. 01C.) Bomlwot II COtJlOIItion)
--
.
BuoInoa _. W any
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~~~~
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By:
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MERlDWlBANK
By: C;W~
roUo: A. _ wonOIdoll,....... 0IIIaI
AIIoII: Q
TI1Io:
SURETIES:
~Me[idif(in Bank
, ,
$ lSO.000.00.
Promissory Note (Business)
~,)'/ 13J 1'l1)
fOR VAUJE RECEIVEr", Und~, Int.ndlng to be '-galty booind, promiMt 10
MMg III omc. at 35 Nc.1f' S1l1th SlrHt, "__ing, p~~."ia.1he principal sum 01
"".01 Y.~OX fued
IMV to the order 01 MeridlM &.n. ~~. . "....11),..... tlaMIng C'OtPOfatlon
on. hundred fifty lhousand and 00/100 .
00aatI payable .. PfO'i'icMd betow, ""'" ........ MCNint III
pet' annum YntIt $HId.1nl"ftC th&II be computld on IfIe bUll olIN actual numbef 01 de)'lln IN ~P" dMdfd Dy 3IQ,
IIN.... ,at. tlllotIh abcM II ~ 10 ~ &.nil NaslonaI Comrnetdat ..... LouI CommMdal Rat. 01 AgdcuIlut. CommetdIlI Rat., UndersigMd.... "'II" MIl ....1NiI1 &ICIl
~ rill.......,..,.,.,,... oIln1erftt N" dKlgnallld!'lom IImt to titI'If by BanIl.."" "NatIoM Comrnetc:W Rc.:"l..caI~ Rat.'OI"~" Co... _...4 ........ '" CMe
IMYM.Inlf.. r.rMCfbr......~,....." mpedlOdftMenl .........ralft ~toDortowefl;" tht,lI.oIlnIemI pcyUIe~shallcn.ns'~1NI ~upon
Mr chIlngt In tueh ~ JItr, and lI' IWCf'l ~ rat. may MIl be 1M kJwnt rat. at..+Mch Bank rn&Irn Ioana 10 OIherborrowM.
REPAYMENT TERMS
I. 1"Inll'o_,_.....,-............_........._
_1M ~ pMcipIl....lrUIftIlI due and payable on
I. p.c:oun..d 11rM NcMf The U "'"' II due and pcyatMeln _ iIqI on
~ p.m.,d ~ 1m.,... Oft IN unpAlcI pMclpM II due and peyaIlIe
~.ndlnl...eil...and~on~
...'"""tl
.TheU.....
-
. TN U Uft olIN.....,
4. p.dI: ~ ........ on IN ..,..... pnnop.I .. due and ptytM botglftninQ . ". .. un 01 1M
w..w pdndpIIlnd '""'"' II .... Ind ~ on . BaNlrney m.- ~ end ~ 10 Ul-A."'r..4. u..d...Qr...4 ""'.....- in -=cordIncI 'IlIh"
MClIUbfed 10, .,. ""...,. oIlt1l1 NaI. WId .., ..,...".... doCurMnII Of inslNmentI ..eaud In connedIoft ...... Ind rN&ed ....... 11I4 .",........ ., - . _ Of........
'*"' MCI ~ 1tleNfot. ~ hOMWf,lh.Il: Ihe endll_ ~ INI rIOt tltC..cIltle prindpM "'"'.......... and -..eft ;o..~."'N.1I 'Mf....... IIIIM1'.......
!S9 C\,. L 11M monthlY iNIII.l40.* .,
. en. fttIII ~ fII .",..... unpIid pMdp.IJ .... __ . .. 1nlI"""" on
..- ....., - .... ..- we .... .... - ..
S 19521!2 .... ...'"""tl Auaust 1 1CC~
.iJtv1~
.. .......... .... - '-f - .. .... .... - ..
S ---
- . ON INI ,....... 011
..
- - LAA_A. ..
.....,..on..unpeIcI~~ctue...~
....,.... My ~ prfndptI- ~....- ..........
lok........44 ~....1Io ctwp.. depod lKCGl.d , tit 1M perMnl: 01 pMcIpIf eM/- ~ ~. u....4-...4..... _...............
.... ta...... ""-01...... arno...nt 01., tcheduIM pevl'MI'II Of SlUG. wnenewr,."...... olIN...... Man'" en..,__ II NIt......... .,.IIM.. 1Udt...
UASIUTlES
n...,.. ~.,....,. .... ~ MIl ......... ..,....... '" this Ncte _ II altW UIDiMin oIlJ1.~\\04" ..,.,......,........................................
Il'lCurrId.I'Mhnd Of ~ cIrKI 01' ~ JoinIot..,.,.. wtldWf c:rMM dUKlIy 01' ~..,......... Of........ ~..,............... _............,
........... ..-a.A._ ., ,.,..........., aIld ~ IWrefor, ...,...."". acMncecI"........"., en....... U....4....c1....................... .... IN.... __......
.......... Note 01 CIltleNIM;"1ebiMIieI ~ ~A.A..laf'", flftd eo... _ ~......, IncufNct bf BMl............., to.",...................... ...4__ .w
....... ,",'" ~ ........~'" U...~.44;.... ..oI8oM1'.....,.,..........IncuM4Ir1~...... _1 ._ ._'......IiOIldIfI....-...... ............
NIl .... iwdIuIed. IN....... Of I'lOt ~ 01' ~ ptOC"*"'............ ~.., .....,.. u...~ 4................... ~ -.-............,.......
..,...,., ~......... Md __ ~41'~_ ("P...'. '--:01'1II F....,. c.a,.",....... ~ by.... ~ WI.... III..,. r 1'.....4 ...... ...............
i'lcurtM '" ... """ MIuftd in h ...... INI .. .... IN ,.,.. "'';IC" ~. 'fIIffl .....,.. II In trW'lI...a ,.,. ~ ...... ............. II'If ..... ........ ...... ,.,....
........frDnI...U.oI~ bf Benk"-"pejdlnrul,
COLLATERAl.
..""'-"IM_.._............. TN_~.........._..........-_._..".,_._____'"
U4. _NClIrl connection'" 1M LJaIllliliet "'... of a.n- f'SecuntJ ~'.'" M inlltllldtUr'.A .tOr-4...............,.......'**JWIUM...........U.~4-4...
..... alllCUlty....... 1ft..1ftliriIt.,....,... .,....... '""*'Y' .~~....................... ___In....-.... ......,...., 1ft.............. ""fA.........
........."""'-. tDr ~ collection. pledge OI'...,....., ~ ~..,." ~.......................... .....,.............. ........,1i'1 ~ .......-
.........,.. It....... .............__ ....Ift *'" d&1ml 01 ~ -c......... q cla.......... _..l...-" - '-.a... ................................ _.............
., "'r ~ ItlIuCft otOef. BanllI'Ny dlMlmiM... ~", Hdll;.c='l ~ -.... MCft NlftI................,.. II....... -' . - _ ............ .-...........
.... ",... .. and ill "'"'*H' dWp 8f8i'* ..,. tucft K<<IW"I ilNNcN:ry ~DOrt'" ~ 01 . 0It-.lI ................. ~....... ......... II ...... ___.......
............ by .... ... ..... IIr.A it flaIliftU!ed .. the . . tl"Y "'"- arc ~ 1Imot to __.....l'IOke -.: lilt ,.............................. ~..., .............
........... OM'ININ ..INIal" ~ at OI.,..of...~; ;C:l..~""" ........-,eoa....; M-.......,'" ..........,.,~
D€FAUl.T
n- ocannc. of.", ___ Of I"ICft '" u.---,iNI eotIIl4\ft. 0eI&.1 ~ IN \..:~ tit Nft-~.,..,"'h ~....,................tM.'" ....._....
"MC..r..,.............Ili...,. by u."~,"'o ~.. ~ vy ~ ",",,*,---....... "'.., ...-............ ....,~............_
Ul4.4r_4.. ~ -.altt.., at hlAbillin: Itj ~ Ily... of \IN.....t<.. _....,........... Of""'" \10.... ...., , I ...... ill.., ........----........
~.. .... ........... ......... .. ..... ..., Of ~ ...... '" \1..4_.-. .. ~ "...... 1M ...... --.... .. ......... WI ... ....... ~ lit ........ ............ _....
......... COtICliIion rI ~ ~ . ua...._._ t' 10..,....... ~ """'1M........... ~............ "''''.-..r, ,. u.. _ -4............ ~
....... ~ cNnpI................................ ~...... --.. _..........,........................,........ ill ......,........... .......
.......it.......fotu.~.,....~...fII..~..I,,;~ _ _Il..-.,..,~............- ........,........,..._...........
.. ~ _ ......_.__..4 ..... u..........-4 ... !JrItl. ~.. .4 ....... ............ .. ....... .... .. ,.., .. . ......-r...... .... . ...... .. ..... _ -.-.. tIt.........-
................ '"... .. ~., ~. -...... to !MY"'" i....~....,.......................>>....,.,...................... ..........................
....... --- ,., ~.......... M.........~. -.. Of c.~ '.... ..~ tor.",. u--........ .............,..,....... .........~....u...1l
~ or ~ 10 IMI-.w tlJ. COl.II'I Of ~ ~ ~""'"""" cf ~........lhe ~.,..., .........1LJl6 ....,.................,...-.....
.....lIy......;' "''''''''''.-n .............,of~ ..tIM'l. ,~Il('""-414"...,.-4'.~.....4.II~"UlA ~..4.......__...................
.........-rfll...._1I'O 1ntel"M.,...., d1t\tConaJ't;fal ........tNCncf..e..ctIi!'W'lIal.,... ~u....d~ -..noN......................~.......____~...
.... III any~~ ~', ~ ~...........,..,...... .h~..., _,......... oJl ~ ............_~ "...............................
.. II.....,....,.......... 1I"lfIIKIA....., -.-. ~.. ~ !,;~..... WlOIIIIfIIJ __ ....,.,... ~ ......... .. ......~.......
...... III.... ~ ~h................. "'twC" ............~.......
MME01U
\$M__flC~...OwJ-.,IlIt ....,...~-~fOI'it..,....~.~..\JI4. _44~..III~.............."'-"... l ..............
.-. ~ ... ,...., ....... .It """'_ __ .. .. .. toml: ~ .,.., IN .. ~ ........ '" an. WiNNf It'''I.... ..... ..."... ~ _ IN ...... tM ...-...............
........... ~ ~ .........." ...l'IfNl..,-...... . ~ N'y ~ ... ~ ~ c::.... \JI"'~ L.I................., ...-_ .........".......
"'-.. . .1..........,..........~4~........,..,...~...-._W"f....~~~........--.,.~...... ~6 1...............................
.......,.......................~.,~..~.........--.
,.
UpIrt......",.,. oIlnf 011.. and '" c:ontInuInctl~. and ....,on pnor"Mtl1tft notice to Und~ by a.M.1nc.,..U\aI KCNe" an""'" I.. ""'" IhIIltiI.......... (:I'IIf ....
h", of.,...... ~,.yabIe hefwund<<.14 U'Ie opCIon 01..".... ~trnI wt'lidl1I not pAkt when'" thai be -.Hd 10 pMclpal. llI't 0I1he u..... Of II't poIIIorl.......... to..- II ""
,.w '" U,.,..,.... 8Mi may. II b option and wIlholA notice, 'IIIfthctr... from."" ~ 01 UnfttIIgned "'IanlM amounI fIQUaI to IUd'I 0W'tf'dye MWUII Md to II1IJt1 aICtl ~ to '"
,....d..~~
,........or.......... 01..,..... b'U'lcwolMNl6MeUlllng tit ~,~""""'Ofr.1utl by......... ..erdllnglftJalb......,...,. ..,...--.,.,..,,...,.......... ~
....INI ~ ....... 01... to taetdM the M/M Of"" 0Itw. .. ""t __11IM Of ftOftlllme to"" "*"".... ...... II.... ....... to...... toll't pel1IcuW"""'.""", to
.....,.,.,., and 11M". ~to.., ~ ~orequtiftamoung~."...IhM_.1nd IIftOfIt .Of""""
CONFIEISION OF JUDOMENT
UNOEIlSKINED HEREBV IRREVOCAllL V AIITHORllES AND EMPOWERS SANK. BV N(V AUTHORIZED OFFICER. EIlPlDVEE OR AGENT, OR BV ITS ATTCl\NEY, OR BV THE
PROTHONOTARY OR CWll( OF N(V COURT OF RECORD IN THE COMMONWEALTH OF PENNSVLYAlNA OR ELSEWHERE 'MtERE PERMITTED BV LAW, UPON THE
OCCURRENCE OF A DEFAULT, TO APPEAA FOR AND CONFESS JUDGMENT AGAINST UNDERSIGNED IN FAVOR OF SANK IN N<< JURISOICT1OH IN MilCH UNDERSIGNED
OR N(V OF ITS PROPERTY 13 LOCATED FOR THE AMOUNT OF N(V OR AlL OF THE LlA8IUT1ES, TOGETHER \WH THE COSTS OF SUIT AND \WH ACT1JAI. COLlECTION
COSTS, INCUJlllNQ REASONABLE ATTORNEYS' FEES, v"TH OR v"THOUT DEClARATION, \\ITH RELEASE OF AU. ERRORS, \\ITHOUT STAV OF EXECUT1CH AND THE RIGHT
10 ISSUE EllECIIT10N FOIlTIi\\ITH, AND FOR 00lNG SO THIS NOTE OR A COPY YERlAED BV ~OAvrr SHALL BE A SUFFICIENT WN'lWIT. UNDERS:GNED HEREBV
WAMS ANll RELEASES AU. REUEF FROM NlV AND AU. APPRAISEMENT, STAY OR EXEI.lPTION LAW OF N(V STATE NOW IN FORCE OR HEREINAFTER ENoOCTEO.
UNDEIlSKINED ACI<NOVoUOGES THAT BV AGREEING THAT SANK I/.AV CONFESS JlJOGI,IENT HEREUNOER,IT WINES THE RIGHT TO NOTICE tl A PRIOR JUCIClAL
I'llOCEEOINCI 10 DETERMINE ITS RIGHTS AND UAIlIUTlES, AND UNDERSIGNED FURTHER ACI<NO'M.EOGES THAT SANK I/.AV oeTAIN A JUOGlIENT AGAINST
lNlERSIGNED WITHOUT UNDERSIGNED'! PAlOR I<NO'M.EOGE OR CONSENT AND WITHOUT THE OPPl.RTUNITY TO RAISE N(V DEFENSE. SET OFF, COUNTERClAiU OR
OTHER ClAIlI UNDERSIGNED I/.AV HAVE. AND UNDERSIGNED EXPRESSlV WAMS SUCH RIGHTS AS AN EJIPUCIT ANDI/.ATERIAl PART OF THE CONSOEllATlON. THE
FORliGOlNO PO\VER TO CONFESS JUOGlIENT I/.AV BE EXERCISED AGAINST UNDERSIGNED AT ONE T1lIE OR AT OIFFEREHT TlMES AS SANK WCTS UNTl. THE
UAIlUTIES ARE FULLV OISCHNlGED.
loI1SCELLANEOUS
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.................... - ..U....4Ir........... to tie......."..,...........,........,........................ tie.... II........ Mile _",.... ...... tie
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"
CORBSTATBS BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
.
.
IN THB COURT OF COMMON PLBAS
OF CUMBBRLAND COUNTY,
PBNNSYLVANIA
CIVIL ACTION . LAW
No'Q7-ISo<( ~ T~
CONFBSSION OF JUDGMBNT
.
.
vs.
:
X.A. WALKER, INC.,
Defendant
COMPLAINT FOR CONFBSSION OF JUDGMENT
Plaintiff CoreStates Bank, N.A., successor by merger to
Meridian Bank, confesses judgment against defendant X.A. Walker,
Inc., in the amount of $339,617.02, plus accruing interest on the
unpaid principal balance, plus all costs and expenses incurred by
plaintiff in collecting such amount, and any other monies that
may become due and payable, as provided for in those certain
promissory notes, and alleges the following in support thereof:
1. Plaintiff Corestates Bank, N.A. (WCoreStatesW) iB
a national banking association with offices located at 600 Penn
Street, Reading, Pennsylvania 19603.
2. Defendant X.A. Walker, Inc. (the "Defendant") i. a
corporation with an address of 6 State Road, Suite 109,
Mechanicsburg, Pennsylvania 17055.
COUNT I
3. Paragraphs 1 and 2 above are incorporated herein
by reference.
4. On or about February 18, 1993 CoreS tat.. mad.
available to the Defendant a line of credit in the Mavt_,.
principal sum of Twenty-Five Thousand Dollar. ($25,000) (a.
aDO/I'tOI/OlIJO.'"
1
amended, the "First Loan"). The amount of the First Loan was
subsequently amended on June 23, 1994 to increase the maximum
principal amount of One Hundred Eighty-Five Thousand Dollars
($185,000). The First Loan was further amended on October 12,
1994 to increase the maximum principal amount to Two Hundred
Thirty-Five Thousand Dollars ($235,000).
5. To evidence its obligation to repay the First
Loan, the Defendant executed and delivered to CoreStates a
promissory note for the First Loan, wherein the Defendant
promised to pay CoreStates the principal amount of Twenty-Five
Thousand Dollars ($25,000.00) together with interest at the rate
set forth therein (as amended, the "First Note"). The First Note
was subsequently amended on June 23, 1994 to increase the maximum
principal amount to One Hundred Eighty-Five Thousand Dollars
($185,000). The First Note was further amended on October 12,
1994 to increase the maximum principal amount to Two Hundred
Thirty-Five Thousand Dollars ($235,000). A true and corrsct copy
of the First Note is attached hereto, marked Exhibit "A." and
incorporated herein by reference.
6. The First Note provides that interest will accrue
on the principal sums advanced at a floating per annua rate equal
to CoreStates' National Commercial Rate plus one and one.half
percent (1.5').
7. An event of default has occurred under the ,iret
Note due to nonpayment.
aDa/11Itt!t,)). .,.
2
8. As of March 20, 1997, the outstanding principal
balance of the First Note was $199,500.00, together with accrued
and unpaid interest in the amount of $2,269.31, which totals
$201,769.31, plus accruing interest at the floating per annum
rate equal to CoreStates National Commercial Rate plus one and
one-half percent (1.5t), plus all costs and expenses incurred by
CoreStates in collecting such amount and any other monies that
may become due and payable under the First Note (collectively,
the .First Debt") .
9. The First Note contains a warrant of attorney that
authorizes CoreStates to appear on behalf of the Defendant at any
time and to confess judgment against the Defendant for the entire
First Debt.
10. Pursuant to the terms of the First Note, the
amount due CoreStates as of March 20, 1997 is $201,769.31
itemized as follows:
Unpaid Principal
Accrued, Unpaid Interest
Total
$199,500.00
S 2.269.31
9201.769.3\
Plus accruing interest on the unpaid principal balance after
March 20, 1997, plus all costs and expenses incurred by
CoreStates in connection with collecting such amount, including,
but not limited to, reasonable attorneys' fees.
11. The Pirst Note haB not been assigned nor haa
judgment been entered upon the Pirst Note in this or any other
jurisdiction.
'DG/lt,et'tlJ)' 'I'
3
12. The judgment to be entered herein is not being
entered against natural persons in connection with a consumer
credit transaction.
WHEREFORE, plaintiff CoreStates Bank, N.A. prays this
Court to enter judgment against the defendant K.A. Walker, Inc.
in the amount of $201,769.31 plus accruing interest after
March 20, 1997 on the unpaid principal balance at the per diem
rate of $54.03 until judgment is entered and thereafter at the
statutory rate of six percent (6.ot) on the entire judgment
amount until full payment is made, plus all costs and expenses
incurred by CoreStates in collecting such amount, including, but
not limited to, attorneys' fees.
COUNT II
13. Paragraphs 3 through 12 are incorporated herein by
reference.
14. On or about July 13, 1995 CoreStates loaned to the
Defendant the principal sum of One Hundred Fifty Thousand Dollars
($150.000.00) (the "Second Loan" I .
15. To evidence its obligation to repay the Second
Loan, the Defendant executed and delivered to CoreStates a
promissory note for the Second Loan, wherein the Defendant
promised to pay CoreStates the principal amount of One Hundred
Fifty Thousand Dollars ($150,000.00) together with interest at
the rate set forth therein (the "Second Note"l. A true and
RDO!).'Ot'OlIJ..ISI
4
correct copy of the Second Note is attached hereto, marked
Bxhibit "B," and incorporated herein by reference.
16. The Second Note provides that interest will accrue
on the principal sums advanced, at a fixed per annum rate of nine
and one-half percent (9.50t).
17. An event of default has occurred under the Second
Note due to nonpayment.
18. As of March 20, 1997, the outstanding principal
balance of the Second Note was $135,242.19, together with accrued
and unpaid interest in the amount of $2,605.52, which totals
$137,847.71, plus accruing interest at the fixed per annum rate
of nine and one-half percent (9.50t), plus all costs and expenses
incurred by CoreStates in collecting such amount and any other
monies that may become due and payable under the Second Note
(collectively, the "Second Debt").
19. The Second Note contains a warrant of attorney
that authorizes CoreStates to appear on behalf of the Defendant
at any time and to confess judgment against the Defendant for the
entire Second Debt.
20. Pursuant to the terms of the Second Note, the
amount due CoreStates as of March 20, 1997 is $137,847.71
itemized as follows:
unpaid Principal
Accrued, Unpaid Interest
Total
$135,242.19
S 2..S05..!i2
Sl]7..~t7..71
ROG/J....;.lJl.....
5
amount until full payment is made, plus all costs and expenses
incurred by CoreStates in collecting such amount, including, but
not limited to, reasonable attorneys' fees.
Dated: March n. 1997
By
Dav d M. re
Attorney I.D. No. 65
111 North Sixth Street
P.O. Box 679
Reading, Pennsylvania 19603
(610) 478-2000
Attorneys for Plaintiff,
CoreStates Bank, N.A.
RDG/I,t.I/."'O.I.1
7
VERIFICATION
I, Douglas R. Good, verify that I am a Vice President
of plaintiff, CORESTATES BANK, N.A. and that I am authorized in
that capacity to take this Verification on its behalf. I verify
that I am familiar with the regularly kept business records of
plaintiff, that the facts set forth in the within Complaint are
true and correct to the best of my knowledge, information and
belief, although the language of the Complaint is that of counsel
and not of my own. To the extent that the contents of the
attached Complaint have been supplied by counsel, I rely upon
counsel in taking this Verification. I understand that the
statements herein are subject to the penalties of 18 Pa. C.S.A.
54904 relating to unsworn falsification to authorities.
(:l/1~~J
DOU9l~GOod
Victy'President
ROO/1tt"'Ol"'.'"
CORBSTATBS BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
IN THE COURT OF Corft)N PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
No.
:
:
vs.
.
.
It.A. WALItER, INC.,
Defendant
:
CONFESSION OF JUDGMBNT
ENTRY OF .nmGMENT
.,
AND NOW, this ____ day of March, 1997, judgment is
hereby entered in favor of plaintiff, CoreStates Bank, N.A. and
against defendant It.A. Walker in the amount of $339,617.02 as of
March 20, 1997, plus accruing interest on the unpaid principal
balance, plus all costs and expenses incurred by plaintiff in
connection with collecting such amount.
-
;"
Prothonotary
lOO/J.,.I'OlIIO.I'1
CORBSTATBS BANK, N.A., successor
by merger to Meridian Bank,
Plaintiff
:
IN THE COURT OP COMMON PLEAS
OP CUMBBRLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
No.
.
.
vs.
It.A. WALItBR, INC.,
Defendant
.
.
CONPBSSION OP JUDGMBNT
AFFIDAVIT OF LAST KNOWN ADDRBSS
Douglas R. Good, being duly sworn according to law,
deposes and says that he is a Vice President of plaintiff,
CoreStates Bsnk, N.A. whose address is 600 Penn Street, Reading,
Pennsylvania 19603, states that the last known address of
defendant It.A. Walker, Inc. is:
'. ~ 1..1 ~ .
, .'/ )' " LL '")1 h.vt.~~ .f.
,Notary Publlc 0
J
Nt COmmission expires:
NOTAmAL lEAL
JAIlllU l ii.. \Ult. IIotIfJ "'*
I'd. . '!: Urd U"v\tJ. ..
l'~' t ill.I>'-1 ~,I U~,r" .. ,.. II
aDa/)t'OI/IIl'I..,.
i
t,~::!
CORBSTATBS BANK, N .A., successor
by merger to Meridian Bank,
Plaintiff
.
.
IN THE COURT OP COMMON PLEAS
OP CUMBBRLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION . LAW
No.
.
.
.
.
vs.
.
.
.
.
It.A. WALltBR, INC.,
Defendant
.
.
.
.
CONPBSSION OP JUDGMENT
CERTIFICATE OF ADDRESSBS
The undersigned certifies as follows:
1. The plaintiff's address is:
CoreStates Bank, N.A.
600 Penn Street
P.O. Box 1102
Reading, Pennsylvania 19603
2. The defendant's last known address is:
It.A. Walker, Inc.
6 State Road, Suite 109
Mechanicsburg, Pennsylvania 17055
DATED: March)!, 1997
lDQ/JIIOI/tlJJO.I'1
. Meridian Bank
Promissory Note
. eualnHl
,
February 18,
,18~
. 25.000.00
FOR VALUE RECEIVED, the Undersigned,lnlending to be Iegelly bound, promisel to pay 10 the Older 01 Mlridian Bank, the "1W\k", II 11I35
North SixlII SltHI Olllelln Reeding, PeMlytvania, the principallum 01 Twentv Five Thousand and 00/100--------------
------------------------------------------------------------:1loIlara payable al provided below, with tnter"'
eccruIng at the rale 01 Meridian Bank I s National Commercial Rate Dlus 1. 50%
par annum unld paid.
Inlerell may be cornptlled on the belli ollhe aeluel number 01 deys In Ihl ealeneW yell clMded by 380.
n the Inlerell rale lei fotlh above Is reflrenced to eilher thl Bank'a Nalional Commercial Rale, Local Commercial Rale 01 AariC\lllurol Commarcial
Rale, the Underligned Ind oaeh ObIigOl atknowledge and agile lhal (i) SUCh rereroncad rail is a bUng annual rale oIlnIerllllhalIs dealgnaled from
lltna \0 time by the Bank II Ihe "NalJOnal CommerCIal Rale:' "Local Commercial Rale" 01 "Agrlcuttural Commercial Rale", U lha casa may be, and
fa used by "'" Bank al a relerence bue with r..paellO dlffellnllnlellll ratll charged to borrowefl: (0) the rate 01 interell payable hereunclar ohall
change IrmulWleoulty and au10malicalty upon the Bank'l delignaliOn of any chenge In luch rellllnced rale: and (iii)"'" Bank'l delermina_ and
dnlgiIatlon from lime to lime 01"'" IIlerlnced rate Ihan ndlln any WlY precluda lha Bank from making Ioana \0 olhar _I" a. a rata which II
Iligher 01_ than 01 clIfferent from the ..ferenced rale.
1. (SIngle Principal Payment Loan) Inl"e.\ on the unpaid principal It due and payable beginning
. 1 8 _' The lull lum 01"'" unpaid principal and Inte..a' II due and pah'bIe on
2. i~emand Loan 01 CredU Avalll~ltity) Interesl on thl unpaid principel II due and payabll mon t ly
Apr I, ,18 ~. The fuU aum ollha unpaid prinClpal and Inlellll is due and payable on damand.
3. (InalaPmanI Loan) Ptlncipal and Inl"ell are due and payable In _ c:onaeamv. lna1al1manta 01
S oacll. beginning , 18 _Ona fmal payment of any re:na",'"ll unpaid principal and
Interell fa due and pay_ on
4. tPrincipal Plua Inta..a' Loan) Inletell on the unpaid principal Is due and pay_
, '8 _. ~Iher with consecu\1Ve
01 S each. beginning
together with any remaining pmcipaI and Intertllll due and pay_ on
begiMing
beginning
principal inltalmerU
. 18 _' One ftnaI paymanl 01 S
"" ......-.;_INI OM.........,.,..... --rttlCll*." ....., oJ StS 011' of"''''''''''''' ",...,.. dati (or -..::n......... III ,.,.....,...........L........,,.,.
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1
i!
COLLATERAL AND UAllunES
M CoIateroI (U 11<'-1 II __ "" any and II ~II" d_ and "'" \,Io<l....V".d and"" 0llI0g0t fU _ grItO I __ _.. II ~..
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lit........ d\OIgII. ~ and _ of any and 1I0y0011 and" _ _I~ 10.... _..... "'" \,10..........4.. ...., 0llI0g0t 1_ - --
.... "'*'''9'1ed ond II _ _ NblO "" "'" Ill""",,, of... _. .. any _.....-... """"'""'" -. - _. -..." - or
~ pnL IlVerIl 01' 1Nl~ flOW' Of ...ull., I"'bng. due Of to become dutI to. or t'lIid 0/1 to be fteIlI by. 1M 8afIIl.1ot .. own acc:ownI cw u eoenc lot .,....,
Of 0If'lerI. whe,* created dlt<<'lty or ac.quqcS by ..~.". Of' otf'lerwtM. Th. surrender 01... Note INI not altK11P11 ... of f'Ie lanII1a f'lt1Jl'l .... COlWtfIl tar I\Id'l
afw ~. The term '"ColtItetar' n:tuctn, MthOutllmrtatton by ,uson of aoectfClhon, aft fal'9DIe InCI ~ ~ 01 ....,.,~. (~ II adObOnI.
.'lbItlf'~ and .. prOCHdl) U NtIotV1 01'1 an, Mflflf-'y ..tculld document tvtd.nc'"9 I MCUnl'y or OCNr lI\'Iatlll., fa.or 01 tN lank. Of !"OW Of' f'lItHfttt 1'l1N DOIIft.
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fnIy N~ any flght 01 pow.,. and" 1110 inC:tu6t any ptOptrty l.en ,cQu1ted It any time by ~ ~ of II'ly aud9~ ~ 01'" ........." MId~. Tht ~
of .vety accounc of any ~ lMU'l, ...-d .ach ctl,m ct '''1 Und~ct .agamsl. IhI Sar* .attttng Iror't ~ 10 bme . IUtlftct 10 . fftf'l end MCUriy tnternt 11ft ~
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....,...... note.e apotOOnatt and appty lawn the pall9'\ff"lt of .,..,. sue" l..~tltt 11l auct'I orOtr u the hnk ~. in ill diSCfebon "" ~ 01 Md't SUI::ft ac:cowc WIll.
and .Kh dllm ...,.t. h SaM, """ Sa". IS o~.., to ~...... t.IJt'eUld Il.:C.h nghl of set oft aI"Id to ha.... made I d\afVe ag..,,1I Iny twCh lCC'iO\lf'It immedIaItfrJi upon hi
oc:currence 01 . ctet.lu<< ev.n ~ tuc:h thargt tI ~.c:. Of ~t<I on the bookS subNQuentty by the Bani: The a.m.. hal. but II not: k'n4td to. IN ngN IIIf1'Y IM'MI ...
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.", part of N Cottat.,,!; tea 1.1ffDM 'I01"'Q"QNs on Iny ColI"''''a'. ten r'IOtIty any 0bllQ0r on...,., II to ITIPI p.aymenl 0tKtty 1Cl.... Sana of any ImauntI CIuI"""':
and 'I) take contrOl of~. proc..cs ot I"y Couat"ll
INCORPORATiON OF SECURln DOCUMENTS
TM: note "'.. M aub!<<! to In I.m'!S.ncs eondtbont of. and: the t'Ioldtf heftof aheM be tnllftH 10...... fef'ftIOn and w.ta1 ~ Ift1 mort;Itt or 0If'4f ~.....,..,.
now or prevonJy ,.ecuted by I"Y 01 IN UndlfllQntd and GetNefed 10 1M BaN In C'Ol ~ <<taott "" "" Ctl"" 01 any 01'" ~ IrlCIIIUCh ~.. .. .....,
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in ICkMtOnto~ lncllt'ttf'''_ TO~llrtentpenrtlftedby ...... thtat'lOte I'r\&y tIClfbtpttpetdllCecc as '9'Ndtoln1lrf$ngbytf'le IanfL
DEFAUlT
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W\ IN IftAN'Ief eIlA..~ by aeeettrIfaOftOf'.......... (bIt..,. by ~ ~ Of any o8'IIf toobUnteor pertotm Ilftycowenll'll..,_l....1I, ........,.,.
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~., (el bfNC." by &Nt 01 ~ u~ or .,.., ot"-' 0tIl'9O' 01 any ~ or Ch.Ify I" ....Itat'*: td) any recwnencatJOn Of ~ If\"" Inenr:III Of' OINt..........
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to be teIN. f'ft4tIadInQ or ~I ~ any "",I.".. '1f'I.PlI'(1. fa, . ~ ~ ~ occurI '" "" ~ ~OI'" ~.._.. ~.. QeIoIr 1IIIM:t\
II ~ai:H to "- s.m.." ltI toft G;kfeto'llfon'! "" c~ "'011 tecentty dlldoHd 10 IN ~ '" any matV*': (1\ If\I ~ Ot'1f"Y.... ~...........
lIquldata.. ~.. rlOfOaNUI (If eta... 10 corrdud t'~lt<Of"S, Qf pre~U Of In,mptt 10 dO any oi N tof'~ (OJ. lIu"" Of rec..-. II ~ tQr... Ut-iCl..4
Of at'y 0lMf Otlngot Of lor II or. ~ant'" Pt<'1 Of ~I or ~ lVooerf'y If'l''''' ~nl.,., ~()(Nl)f't Of :O~ Nt 1....,. fUt~ of..",.." ~.. ..
~ 01 .... \JndIt~ 01 0Ct\ef ~ ~ .~ ""~ry proc..ono. or II'\e Undetsq*l Of ""' oct\lIf ... I patt1lOft or....... nut:::u = in....
I'UPlCy Of \Ifldtf II'y I""'~ ~._ ,tata Cf '-'<!.al, """"" or ,..,..!'I-, '11.t~. ('f tutl'\a pellllC)ntltned ~ '" \)I-"~44 Of any ...OtirJ9:lf.orlhl .... , ....
0bhQ0r r:.c:omelll'\V1l.."nt. hO.~""f ...~.nc.., Of ""'&II" Il'l ....,~ for tr'lI bentlt 0.- O'<<Mor' Of admtls 1ft""'. 01 ..... ~ or iftIbMy or .......
or ....... o.ms ~et'lefaly II tf'IIy i)Ko~ (l'lWt or 'ail .rr'W'\ 60 c.". to pay or tend Of othltf'trtse ~ .,., ~ or .~ "'11 ~........,..
Undet'9'f"CIOl any Ot~~ ~ I"~ 1M Of ~~...' 01 ~llOft Wll.. orhoidlor ~'IuCf\''''': ~tNU..chr~4dOl'';t~~......., III
aI' ,",tnllO tem'W\l.t. or fhCk' .-.t,pOrlS,t)of''V tor """ ('1 f'Ie l, !t)-lotttl, Of dtt~ltl undIf .",. othef 1'Il.:ft, aQfe-tm.-nt. _aM. ...,.,.... "*";1IQe Of ...................
hrR:i. Of 't\~""!"IlI ;S"'l"~ ~lf'at ". U!\l,....,..~~ or."., OihlttObhgot.-"l(Wnctng ~ t.nq.~ Of enh~..NteNlotlQ;.llOn"'....,......1 1 "111M
or~' lht hotdefttl.-.otto..x-...-r...", n'lc"'Mf ~.....,.;of "'ultl 1ft h ~by ItI.- u..............-4Of *,",,01'* OblItotolQ ~~anr..-1'l8te.....~..
_....~. \)j' 1'I'IQf199.ltl W\J ~ 01 t:"'4 l'n.ct.'~I'<<I Of."y othIf ~ bfa'ltNI..... ~ of ~.~ ~It. -..... OI.....~.............
",,~..s "" -'!t,n; ~ by "" ten".1 Cll arty 1l.Ib1,~.""t-* p'l1 OlIN ~ oItN ~ or...., Od'ief OtlIIQar".en or _.4~hl'lM" Inf II 1- t_T~"" ~
(\1 ~ Ur'':~'j~',,~Ot '"' ""* ~ n.o;nt Of O~'''II'''lters. or an~'to 1"'9fl 01......, any 01"" ... .,..,.......f11I1'1V....~.......
pnot wnrtan ~Ntlt of ltIe 8.,...., fl11.... t)nc:Ittl~ Of any ot... C~ tltll~ 10 f\.!mllrl ~ Of ___ ~ .. I'le lena may 111 4Ilf) .....-: ~ ~&.
"""( I~a--" ... ~ ~', Of ~ 0it'4f~, ~S. pn~ ~ 01 p.w'tnIr114 the taM Inty bI'M'IICf\ .lP" . r~.hI .......... .
".... __.en.....,..uona1Nand;oodl.f'(tI....C.MOf.tltoitOltctflOn<tMrfllltUfforlhteoa...lf'tMCUl'Itor.",reMOl'lbllt L ...
-jIIooo.HIt
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o
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~
...
..
....
~
Tho U"do.1lgIood and" 0IlII00n ho<oby..... pno..,,'_' lot pa....... /'ClICtol_, _ oI_ymentOl _, ........ - 01........ ond.. --
~ COl. T c - WlIh "'~. eccepIInCa. dllavII Of ..Ilb~ of p.lymlnt of hi Hole. and I'lIretly WaNe" notIc. or rwgt'II of approval oIlItf .J1enUOnI. ,."...,111. rnodIIo
.........___....,bo_.UponIho_oIanyDofOllll.Iho--'oloncl_'_on....NoI.oncIanyll/ld..-~~
_ _ ol-.IncWIng......,...... cO 11.... 01 "" llllPOid pt\nCo1lOI, OI. _..", duo and poylbl..... "" """lied In Iho W inIlra -. II
__. _ ~ any """'" ogoinII ""_ _.._ ~_ lot or MCuMll'" NoI. 01 any ""... Liol)oO~, and.... - ,"'tJ:!;.- -
.. NC all.. NC _: (bl_ U --"y ony CoIoI.... In __.... _ he. lit\' ....." _ "" _ " pial" ""'. (e'.... _ 01 ony .. ond ... 011..
.., 1*1 upon'ICNnQO"OI any..-......... _ ot.... _01 "" _.. ony.... 01_ _ __ or _and_"_ IOIho ~ 01
"" DbIgot." of w.ftd'l er, herwOy .aptnaty waiYtd.aceQC lue" nota II it requirtCI by appIubIe ...tuI. W unnoI bI WIIVtd. ""'.. n;N on .. pM olIN .... 01
Ie _10 _ "" purcnu. ot...., _ (...... .........od Ily """") tN tam ony ""'IV 01_ vel ..... .. _........ ..... ..... -.c1WOg II - "'"
_._Iot ~ 01 MIone "" CoIoI.... oncI.. ._' INt. _..-..penon lot -.101.." """"y. 10 oppIy "" _of......-
ol"" _ 01 _ 10 pay lOl _ u........ ogoonst).... Nol..nd oil _ UIlloO>n: (d) oppIy...., lund. ",,,_ _"." """"'1' __ 01 CoIta,.... --
IC/ _,In _ _ Il/ld __ .. "" _ In .. _ __ .".. cloIomwlO, .. "" payment of "" ""l>Ul pnncopoIlloI"'" 01. II __ ....... on. ond ....,
CDItIlncun'Id In N c:oI<<tIon of any aum due UNStf. hi Not.. ft:1l.Id&ng but rClI: ",""ec:l1O aftOnttyl' t...: and (tjl.lfCl.. any and I' NtNCMt wf'lCtl N IaN: may INn
_ _"" UnoIllIm CommorcloI Code......, _ 0j)pICaIlI0 .... ~hon 0I~1eg...........,
AI rtghII or ,..nediet of the s.nk MIIot1h 01 0lhft'WiIA ..tltln9 art cumulaM. No dilly or 1Mut, by N Bank her"". in ..ttC*'19 any of .. 0C*0ftI. powers 01 ngtU
01 . perMI or IIngII: '.<<eIM consbMIl . ....,., of IN r.ghI to 'lerctH It'll ..me or trrt DINt ngN .t an, octwf tlmt Of from tlme 10 ...... Itleft.ft", The Iri .. no!: rwquwecI
10 _ 10 any ...- _ or ""..... 10 ontore. paY""'". oncI "" _ ..... 1MlliIocl" any '"""'"""G __ 01 _ _ "" lJoarl9ood. ......
"""...., ond _' 01..... end any 0lli0g0II.
CONFESSION 01' JUDGMENT
_.. NIl . _ "" _od 01 II....-....g. .... ~ end..... 0bI9>r hOfot>y _. ond _...-allOy '" p-..y.. ...., ClOIk. any
__, ""'""'""ogonCOI any _01 0I't """'01 '1COIll 01 P_"_" _..IotIl/ldIO-.)uIlgnlorO og.-""~ondOl't
QlIgor _ _ 01 "" -.g... _. (h __.. 10.""".......... .....bOuNd II _.. ....cIi_ of"" Nol. _, .....: (I) lot... --
tler'IOI pIuIltarnt If Ihe ItIted r.I.; (b) tor II amounts due. inCtuOng but noc Iem.ltd to lal. chatQtI and"""" ac:crut4 It "- Jtaled 'If. and any and" 0I'lIf IkatI*MI
. of 1/'11 lime. put. prnIflI Of tutut.. And auch conl.t.Wft ahal be Wttft Of WlUlOuI Hdar.bon. willi COllI of 1iA. ,.... of errarI. WIftcM Illy f/A 'lecuIlOft. ....... .....
01_ _ 01 $1,000.00 _ U ..,,,,,,.y'. Iao. oncI'" ~......"" 0l>I0g00......... "" ngN 01__ on "" "....... -...., bO - upon
__1o""~_.enddo""oby_,.,.,.-""_Ind_.""_..__""W..oIE.o............-....'""""""'.
loft., 8ftd IlrIy kII1htf IQtM f\al .... rtal ut.f' may t. told on . Wr. of ElcutJon. wCh . WIfVef and ,tlelM of II relief tram II apptatMment. Illy Of ~ "WI 01 ruIH
01 coun. now in torte cw ,...,..,. tnK11d Of adopted
Tho ~ end.. ()OIlgora~. ....,Ily '9''''''ll "",.... _ '"'Y_.~_.Ihoy."""'ngNlO nooco... -~pruc--.g
10 CIeIII'mIne ..., riQhtlltld. kabbbn. and they turtNr .c.~. thallhe Bank. whtthet Of noli . Off.utI hat occurYld. may otItaan . jud;mlInI avIIftIIf'e UnderIq'IId
1I'd''''' ollIigclr _..... _ __ 01"""" oncI_"'l.Jnclo<t9ood 01 snyObl9>r'. -"'""'....... lit\' ""...... Nt"". -..-......
... Ulldel'l9led 01 any Otlhgot' may have. and Ihe Undtl"IQMd and any ObI.gor 'lprfllly ....,.Il.dt ngHIIS an .,.....,.. part 0I""~. No'" ..erase of
... blQOll"l8 wananl end powlf 10 conflss judgmenl tS ~ to '1l1'\al.lll tht powet'. ~ Of noc any Iuch '."011 .. hetc:l try any ~ to be invalid. WOIdIbII CIt WOid.
ItIut '" PD"" IhaI ~ un6mnlhed and moly be ,.erCrHd from '"'" to lame .. Qflen u 0'It Bank eIectI unClI AI Uat*tn have been pIllS 11'II ... TN ........" w.
.... chC:r.eon. tletCM &he.lAhOnty conIM'Id ""'11ft aga.nat one Of ft'lOf. ~ erGOt ()b&Igor.I' one 11"4.... ume time Of II 0ftIrett.......
IIIIC&LANEOUI
, ,.,.,., _ _ ......... .... NoI. U s..oty ho<oby -Oldy __ Sur..., 10 "" _ lot "" "'" end _ ,..,..- _ duo. -Ily --..
---... .., at .. limn 1IWt....,. of II of Iht UaDdlbeI_ Thel'lwaliOfy of t"Y porbOf'I of .. Hole dOn noc .1IeCI I'leI"llf!\allrW'O ~. 01 ..., pori tt'let'Iof. 1ftCI1I'II""
cue of any """ 6nv1lOty. tM Noel" ccnstrued U'1lId'l portIOn Nd not been~. TN U,6..Io9_ _ more IWl one. IN jDInIy and MYef"" utile...., '" linn
'\JndOI1lnQod""_ """ me...''''' 01 ""~. AI 01 "" lOt... tnd_....1O oncI"'llondorlg _""""'."-" -...........
_.____vel_oI""_
I any 01 "" Lo_ 01 ."y """"'" _... """"V 10 ...lItnk " ... pOId" .... _ duo. .... _ ... '" ngN. .. II _ end _ -. .. _OW tom...,
_oI""UnderIq'IId_..._""_-"........__ondlo_....._Io...paymonIoI""_~.
AlIemlI. obhgIbonI ana proviaionI.,. governed by and construed in ICCQI'dIra WtItlIhe 11..01.. Cc.I;ft\Qlltl.4_ at '......1...14.
.. WllllE55 WHEREOF. "" _....-.g.. be IoVIIY _ _...... .._... _ "" ClOy II'd ,...W__
f
f
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5UAElY:
(I..........)
BOl\IlCIWER;
(I.........~
(-.0-'
X. A. WalkeT, Ine.
~ ~-l
~: . en~~.
President
IIy:
TIlIo.
~:
Tille.
~:
TIlIo.
ATTEST:
LS.
ATTEST:
I.
-:
(._~.",oNp''''1
T":
(1It...."N.. paA-4ftl
(_U-,.any)
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LS.
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La
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"
e. CONFESSION OF JUDGMENT
'.
MAKER HEREBV IRREVOCAIlLY Al1fHORlZES AND EMPOWERS BANK, BY Nl'f AUTHORIZEll OFFICER, EMPLOVEE OR AGENT. OR
BY ITS ATTORNEY. OR BY THE PROTHONOTNl'f OR Cl.EfV( OF Nl'f COURT OF RECORD IN THE COMMONWEALTH OF PENNSYt.VANIA
OR asE'MiERE WHERE PERMITTED BY lAW, UPON THE OCCURRENCE OF A DEFAlA.T. TO N'PEN'. FOR N<<J CONFESS JUDGMENT
AGAINST MAKER IN FAVOR OF BANK IN Nl'f JURISDICTION IN WHICH MAKER OR Nl'f OF ITS PAOPERTY IS LOCATED FOR THE NIoOOtfr
OF Nl'f OR ALl. OF THE UASII.I11ES, TOGETHER WITH THE COSTS OF SUIT AND WITH ACTUAl. COLLECTION COSTS, INCl.UOING
REASONABLE ATTORNEYS' FEES, WITH OR WITHOUT DEClARATION, WITH RELEASE OF ALl. ERRORS, WITHOUT srAY OF EXECI1TlON
AND THE RIGHT TO ISSUE EXECI1TION FORTHWITH, AND FOR DOtNO SO THIS NOlIE OR A COPY VERIFIED BY AFFlDAVIT SHALl BE A
6UFFlClENT WN1PoAHT, MAKER HEREBY WAIVES AND RElEASES ALl. REUEF FROM Nl'f AND ALl. N'PIWSEIoIENT, srAY OR
EXEMPTION lAW OF Nl'f srATE NC1N IN FORCE OR HEREINAFTER ENACTED.
MAKER ACI<NO'M.EDGES THAT BY AGREEING THAT BANK MAY CONFESS JUDGMENT HEREUNDER, IT WNVD THE RIGHT TO
NOTICE IN A PRIOR JUllICIAI. PROCEEOlNO TO DETERMINE ITS RIGHTS N<<J UASII.I11ES, AND MAKER FURTHER ACI<NO'M.EDGES THAT
BANK MAY OSTAlN A JUDGMENT AGAINST MAKER WITHOUT MAKER'S PRIOR KNOWLEDGE OR CONSENT AND WITHOUT THE
OPPORTUNITY TO RAISE Nl'f DEFENSE, SET OFF. COUNTERCl.AIM OR OTHER ClAIM MAKER /MY HAVE, AND MAKER EXPIlESSl Y
WNoIES SUCH RIGHTS ~ AN ElCPlJCIT AND MATERIAl. PART OF THE CONSIDERATION. THE FOREGOING POWER TO CONFESS
JUDGMENT MAY BE EXERCISED AGAINST MAKER AT ONE TIME OR AT DIFFERENT TIMES ~ BANK ELECTS UNTIl. THE UASl\.ITlES ME
FUI.L Y D'SOWtGED.
7. All ....._to tIla N<* In documen1a d_to tIla Paywe In __ _tile er..tI1 ~_ _ tile Mak. end tile
Paywe IhIJI be ole.mecI.........to tile Nolo u IITlIIlCItcI hottIn.
.. In II _ ~,lht N<* It hottbyro1llltclend c.......o<I.
IN WITNESS WHEREOF. lht pIIlIoo htrtto _ ca.1Id 1Ilit AmIf\dmtnt to PfomIoooty Nolo to be duly IllICU11d end dellwtttcI tIla day end
JdllItIt.- wrltItn.
Iloh4_1t IIIndMdua11, paI1nIlII1Ipe, -I ~ 111 OOlpcMallol'l
-.aNImo, KII'It
1C.A._,1nc.
~~-~~y~
TIlle:~~._ ~
~: '.JI'_.Je;. ..
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AI1ttt
TIlle:
Q.#~-
'M1neu:
MERIDWl BANK
By: ~'A...' v...JL-
TIlle: 4...--.7 .......".....
WI_
AI1ttt
Thle:
SURET1ES:
Kenneth" Walker
Sllolloyl._
. ",., "
'.
,
e. CONFESSION OF JUDGMENT
MAKER HEREBY IRREVOCABLY AUTHORIZES AND EMPOWERS BANK. BY Nrf AUTHORIZED OFFICER, EMPLOYEE OR AGENT. OR
BY ITS ATTORNEY. OR BY THE PROTHONOTARY OR CLERK OF Nrf COURT OF RECORD IN THE COMMONWEALTH OF PENNSYLVANIA
OR ELSEWHERE WHERE PERMITTED BY LAW. UPON THE OCCURRENCE OF A DEFAlJt.T. TO N'PFAA FOR AND CONFESS JUOGMENT
AGAINST MAKER IN FAVOR OF BANK IN Nrf JURlSOICTION IN WHICH MAKERORNrf OF ITS PROPERTY IS LOCATED FOR THEAMClUNT
OF Nrf OR AU. OF THE LlA8IUT1ES, TOGETHER WITH THE COSTS OF SUIT AND WITH ACTIJAI. COLLECTION COSTS, INCLUOING
REASONABLE ATTORNEYS' FEES, WITH OR WITHOUT DECLARATION, WITH RELEASE OF ALL ERRORS, WITHOUT STAY OF EXECUTION
AND THE RIGHT TO ISSUE EXECUTION FORTHWITH, AND FOR DOING SO THIS NOTE OR A COPY VERIFIED BY AFfIOAVIT SHAU. BE A
ll\JFFIClENT WM'lWlT, MAKER HEREBY WIWES AND RELEASES AU. REUEF FROM Nrf AND AU. N'PRAlSEMENT. STAY OR
EXEMPT1ClN LAWOF Nrf STATE NaN IN FORCE OR HEREINAFTER ENACTED.
MAKER ACI<NOWLEDGES THAT BY AGREEING THAT BANK MAY CONFESS JUDGMENT HEREUNDER, rr WNVES THE RIGHT TO
NOTICE INA PRIORJUCICIAL PROCEEDING TO DETERMINE rrs RIGHTS AND UA8lUTIES, AND MAKER FURTHERACXNOY/l.EDGES THAT
BANK MAY OBTAIN II JUOGMENT AGAINST MAKER WITHOUT MAKER'S PRIOR I<NOYvtEDGE OR CONSENT AND WITHOUT THE
OPPORTUNITY TO RAISE Nrf DEFENSE, SET OFF, COUNTERClAIM OR OTHER ClAIM MAKER MAY HAVE, AND MAKER EXPRESSLY
WAIVES SUCH f'GKTS AS AN EXPUC/T AND MATERIAl. PART OF THE CONSIDERATION. THE FOREGOING POWER TO CONFeSS
.lJDGMENT MAY BE EXERCISED AGAINST MAKER AT ONE TIME OR AT DIFFERENT TIMES AS BANK ELECTS UNa. THE UA8lUTIES ARE
FU\J.Y llISOWtGeo.
7. M NIetoncot to the Nota In _nil d._ to th. PlY" In COMICtion with th. CrIdlI."'comod.1ionI bllwI.. 111I MIle" and th.
Payoo I/lIlI bI d.omed 1110..-.10 th. Noll II am.nded tllroIn.
e. In II _lIlpIC1S.the Note 10 ""'by ratifi.d and con_
IN WITNESS WHEREOF, the patllll tlllllO limo _ IhIt Amendm.nt \0 PromiaaoIy Note to bI duly ...culed and d....rtd 111I clay and
,.., IIrIt IIlcM wrftltn.
Ilomlww \l1ncIIvtdutIt, parlntllhlpo, t1C.) Ilomlwor (II corpo<allon)
IluoInIIa Namt,. Illy
!lA_.1nc.
~~~
'l1Itt:_A.W_._
By:
T\1It:
AnII\;
T\1It:
QU.O
YoIlntu:
v.tlnou
MEI\IClWIBANK
By: ~~
Tlllt: A. """'...clkleo.!Wlnt Olficol
Alltlt Q
T\1It:
SUMT1ES:
_ vAWI MC(JV(D. """""'"'"' ........ 10 .. - -
_.._...._11...-.........'...-......--..
....... Y.)O~ fUted
Promissory Note (BusIness)
'J,;J,/ /3 /99 J
PI to '" ...., '" ........ ... ~. . '....__,IIIIM .....
on. hundred fitly Ihouaand .nd 00/100 .
00I&WI ..,..... . .......... ...... "'" ..... ..... ..
.~.
,.Meddlan Bank
.
. , so.ooo.a1.
_10
....,.....................,.,.,..... iii tIlMta.nr.~~ lWe.LouI~RIIe.,~CommeldII.....U.....~ ....dll. . '. l.........N 1-"
.............. .......... ~","'''''''''M'' dftItM..nm"",, ,,""" ~",,*..Ihe'"tYloNl ~.......'\,ocaICommetC&.I......OI...........~........-
..,...... II...."................. """~........".IntetftI,.... cMIplIlo ~ M IN"'. ".......,.pIlIe NteundefINl chItISI' ~1Ol1lJr"" ~ - ,....
"".... hlUCfl................. ad ~ lit, rN'f 1'lOI.......,....,.. 1I1llNch............... to..............
,.........".. wNlI pM. ",,-,...1I\aII M COfl'lIlWlI'd en 1M...." IN KWIII tlUft\Mfol ..,.In.. c.IriIIInlW,..,........,..
REPAYMENTTE"""
.. ......_,.,....,.Lowt-...........-.""'.....,.yUIo
.....--....-.........,.yUIo..
I. p.oountMTIme,... 'IN... NIl" 1M... "y.....In_ ....
.. """""'Lowt-.....--........,.yUIo
-....-.........,.yUIo..-
.. podI__.....__............- .......... .n..._.....
.....,........ ___II........,.,... on . BIfIIl..,. 1Nfle..... 1M............ UI.....1l64. u.........,..".,..... ft_.w.o.'"
and atbfMI.. .. (lltMloM 0I1tlII Nott and ."..., ....,..,.. ~ or IrIIINlMflII .daM4 In connecIof'l ............ .......... aM ""'......... ..-4 -.,.......
lWIdand~~.JI'Cl"'ld"..............INDM.."'""'"lNIl'lOl..CHd....prindpelltyfft.............JUCftLMlft'.a. .. .."..,~.a.nn~
. ..,...,... ~ ..,.,... ... "..... .. .,. .-.:I payabAt ~ sg _ ;.. monthly L.a& -- '"
, ~ 82 MCh. ~ Autlult 1 'CC~ .0. ifili ........ cI "'" tIfMIning ...... pMdtIlII..... ~ II ............-"
.lJtv,~
........
n..._
-
. ,..........","'......
. ..,.....
-
..
-
_ Lowt - · .... .... ,.yUIo
--
.0ne1r*~"'1
..
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. - .. ... - ...- .. .... ... ,.yUIo
--.......-....-....--........-
~~ 4-' ~ .....cIWp........ ec:court' ....,.,...,...,..,... ..,- ~........,. u..... ~.........-..........tIIwp
.....".....- eI....,........ ___.., ~ ~ Of 111.00......... ~............."."..... on.",,..,, noli""""'" by ___on........
UA8lUTIE'
1M......"................. arwI.............." ~ Hcte and .. .... ~ .. 1.1\....... · .......... ~.,...............................
~ tMItuNd . ~....... ~.... .. ....... ~ ~... 1I11Kttt 01 ....... ., .............,................,. ANI..........,.. ... ----." ..,
.............. ............. hNOIlfMII""""'" ~ II ~ 1lMf\C...., 11M: ~........... U. J 44d;..... ctwpt.............. WId ..............
....... Nrn or~.................. ',.A~.. 41'''' aM Con.. ~~ 1neUfNd., ..................... .,NzantoYl.........~ ,;d.A_~.... ...
ooncMIoM III .", ruI,..,.,.... orllCNPiM IIf ~MCI;"''' CII &.Nt.......... ..,.,.... ncurrM In....,...,...........-.c......... ~.........................
MId II ~ ~ ....... Nt ~... ~ JNOCMdII'lp........,...........,.,.,... u.... ~144.................. ~................ -.,..........
...........~~..............r .1 _C'P'._f ......, '...AndColts'.M.........~ .,....~..MW..~......aN1...........-...........
n:urralII " ... InIIIftdwMd 1ft ... u.biIitift tNI .. .,. ..... pay" \,;pcft litf'lMll. ....,., ltQfwII ... 8ft ~ fife..... INI ...... ...-.nI " abowe ... ,.. "........ ....... ......
.....,... from.... dill. cI pef'N"l by"" w.w!Mid in u.
COlLATEFW.
Meoa.twII t-cMfIMdI lI~tor..~ ~Wftl"Oollal.,.,.l"Cl.Cftail~MI~prOJlMJ"~Ift.,.,~Of--~~.......,--~
~"ArA...1rt ~ 'IlIIIft lleUltlUiR In'" ol!"'" f'S<<wtdY Ooc-~'.""""wfIodlI UM.~" ........MlCUfIIy........ ....""""*'..IttaMa. 1.:>_ .,:1.....4....
""'II~ ~ift......... ~ WId""''''''' oI~"" artlhe PfttC...~,,.,.or hetHlWtnh .................".....In..,........... ~ .,.,01..........
............ fat........... ~........ ftfft......,.... inc:udrs. .-.N ~ II ~.........,...,.,...,..a.II MIl etedItI,..... '*""- .............:y u.... ~-4'"
......"............... ~"lftany dIlmI"~ a;.." ..,,_ any cll1lf'1tatto1ar~-.....fftII........, ....,....,.~.- :it........".,.....
aI wry I..iIItIiiIiR.In u:ft.,a Milani fM1 ~ fie ~.. ..1'I....t:'I K:'C~........ tacft d.IItm ag""" ........,......... -~... ill..........................
.. ....... 1Il1lI. .... fNM . cNrp ..".. .,., tucl'l KtoufIt 1fttrnK.&:f"y ...:en IN OCCWf~ aI . ~ .................. ..,.,. "*"" _h dWp it ~ CII' ...... .. fie.....
..........,..,.... ..".... W it.--........ h \li;N III ~ 1\III.""'G":'em tltl'!. to......... ~ notlct to: tIt,.......-r......,.. 1M...... IN ~......, ~ ~"
................. NIM.tNloI II.......".. .....,.,,.,.. oIlh. CoQi...&i; ;<1 ...,cu ~ "'IhtI on..., CoIIt-w: ~ ....tot*QIoI~~.,...,CeilIIMII.
OEFAUlT
n. <<cwnncafll.,_ Of .........---,.lfIaIltOf'ltthH. C...ll:::Y IN CI.et""'1'lM: (II ftDfto~ef ...,......~.1Il"y ....................... 41;" ......".,.......
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CONnIlllllH Ol' JUllQIlINf
UNllERSlONED HEIU:IY IRRE'IOCA8l Y AUTHDRZES AND EfolPOWERS 8ANK. IY 1M .wTHORIZED 0FFICfR. EfollllOYU OR AGENT, OR BY ITS ATTa;NEY. OR BY THE
I'AOtliONOTAAY OR CURK OF 1M COURT OF IU:CORD IN THE COIotIlONWEALTH OF PENNSYlY.IlNA OR ELSEYIHERli YMEIU: PEIVolITTED BY lAW. UPON THE
~ OF A DEF.llJl.T, TO"PEAA FOR AND CONFESS JUIXIIlENT AGAINST UNDERSlONED IN FA'IOA OF lANK IN 1M J\lASl)C;TIOH IN YMICH UNOERSICINED
OR 1M OF ITB PAOPERTY IS LOCATED FOR THE AfolOUNT OF 1M OR AlL OF THE UAlIlUT1ES, TOGETHER WITH THE COSTI OF IUT AND WITH oICTUAI. ca.LECTION
COSTI, INCUJOlNO REASONABLE ATTORNEYS' FEES, WITH OR WlTHOlIT DEClNIATIOH, WITH RELEASE OF AU.~. WITHOUT ITAYOF EXECUTlON AND THE IICIHT
TO ISSUE EXECUTlON FORTHWITH, AND FOR DOINO SO THl!I NOTE OR A COPY VERIFIED BY AFRllA\IIT IH.Il.I. IE A SLFI'ICIENT W_. UNDERSICINED HEIU:BY
WN\lrS AND RnEASES AU. RElIEF FROM 1M AND AU. N'l'1W3EfolENT. STAY OR EXEfoll'TIOH lAW OF 1M ITATE NOW IN FOACI OR HEIWNAI'TER ENlCTEll.
UNDERSlONED .ICI<NOWLEOOES THAT BY AGIU:EINO THAT lANK ILlY CONFESS JUIXI1., N' HEIU:UNOER.1T WN\lrS THE RIGHT TO N011CE IN A PRIOR JUOlCI.Il.
l'AOCfEDlNO TO DETtfVollHE ITS RKlHTS AND UAMlTIES. AND UNDERSlONED FURTHlR ACKNCM\EOOES THAT 8ANI( ILlY OITAlH A JUlXlUtNT AO.IlHST
l.tCJERSIONED WlTHOlIT UNO€RSIONED'S PRIOR I<N(lV,UOOE OR CONSENT NfO WlTHOlIT THl1 0PP0IlTUNIT'Y TO RAISE 1M DEFtNSE, lET OfF. caJNTERCI.AIU OR
OTHER aMI UNDERS1ClNED ILlY HAVE, AND UNCER$lONED EXl'FlSSlY WN\lrS SUCH RIGHTS AS AN Elll'UCIT AND ILlTERIAL PNIT OF THE COHS:CERAT1ON. THE
I'OAEOOINO POWER TO CONFESS .AJOOfolENT ILlY IE EXERCISED _ST UNOERSICINED AT ONE TIllE OR AT DII'FtAEHT TINtS AS lANK EUCTa UNTI. THl1
u.oIUTIES NE FULLY DISCHARGED.
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