HomeMy WebLinkAbout01-1387 PARTIES
Debtor name (last norse first if individual) and mailing address:
Century Drive Associates
856 Century Drive
Mechanicsburg PA 17055
0eMor name (last norse first if individual) and mailing address:
Debtor name (last norse first if individual) and reaiiing address:
FINANCING STATEMENT
Uniform Comnlerciol Code Form UCC-1
IMPORTANT -- Please read Instruetlons on
reverse aide of page 4 before completing
Filing No. (storebed by fladg officer): Date, Time, Filing 0files (stareped by filing officer)
This Flnanctog ~tot~ment is presented for filing pursuant ~ file Uniform Co~e~al~.~. Coda:mad is ~e~ad
with the (check applicable box):
la [] Secmto~ of the Comreonwecith.
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Sesured Pwty(tos) name(s) (last name first if individual) and address for
secudfy interest ioforrestion:
Cormmerce Bank, N.A.
1701 Route 70 East
Cherry Hill, NJ 08034
Asalgaee(s) of Secured Party name(s) (last name first if individual) and address
for security interest information:
2a
special Types of Parties (check if applicable):
[] The terms "Debtor" and "Secu~:l Pa~y" mean "Lessee" and "Lessor,"
respectively.
[] The terms "Debtor" and "Secured Pa~y" mean "Consignee" and
"Consignor," respectively.
~ Debtor is a Transmitting Utility.
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SECURED PARTY SIGNATURE(S)
This stotoreent Is filed with only the Sesured Pady's signature to perfect a
security interest in cOllateral (check applicable box(es))--
a. [] acquired after a shange of name, Ideotlly or corporate strumro of the
Debtor.
b. [] as to which the filing has lapsed.
c. already subject to a security interest in another county in Pennsylvania--
[] when the cOllateral wa~ moved to this county.
[] when the Nobtor'a resldeeee or piece of besfo(~l was moved to this
county.
d, already subject to a security interest in another Jerlsdloflen -- [] when the salltes~al was mo~ed to Pennsylvania.
[] when the Debtor's location wes moved to Pennsylvania.
e. [] which is pr~eed~ of the collateral deec~bed in block 9, in which a security
interest was previously perfected (also describe proceeds in block 9, if gut-
chased with cash proceeds and not adequately described on the original
financing ststereent),
Secured Party Slgasture(s):
(required only if box(es) is checked above):
Pmthonotou of
~real estate Records of
C~nberland
Number of Additional Shestl (if any):
Optional Spealai Identification (Max. 10 characters):
COLLATERAL
identify collaforal by itere and/or type:
County.
County. 6
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A f~rst lien and s~curity interest (except as
othe~;?~se e:[pressly provided on Exhibit A) in the
collateral described on Exhibit A.
[] (check only if desired) Products of the collateral are also covered. 9
Identify related real estate, if applicable. The collateral is, or includes (check appropriate box(es)) --
a. [] srep~ growing or to be grown on --
b. [] goods which are or are to become fixtures on --
c. [] minerals or the like (including oil and gas) as extracted on --
d. [] aecounts rosultlng from the sale of relnereto or file like (including oil and gas) at the wellhead or minebead
the following real estate:
Street Addre~:
Describe at: Book of (check one) [] Deeds [] Mortgages, at Page(s)
for County. Uniform Parcel Identifier
[] Described on Additional Sheet.
Name of record owaer (required only il no Debtor has an interest of record):
DEBTOR SIGNATURE(S)
Debtor Signature(s):
C E~gITTRY DRIVE
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R~URN RECEI~ TO:
Richard L. Grubb, Esquire
Eckert Seamans Cherin & Mellott, LLC
213 Market Street, 8th Floor
P.O. Box 1248
Harrisburg, PA 17108
~..../~, ~"~..~ ~ RUNG OFFICE ORIGINAL
NOTE -- This gage will not be returned by the Deparlment ot State.
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IF THE FILING IS WITH THE DEPARTMEN~ ***f ~AT~ SEND ONLY ~HIS PAGE,
EXHIBIT A
Debtor:
Secured Party:
Century Drive Associates
Commerce Bank, National Association
COLLATERAL DESCRIPTION
All of Debtor's present and future personal property and fixtures of every kind, nature
and description, wherever stored or located, including, but not limited to, the following items:
Accounts - Any right to payment for goods sold or leased or for services
rendered which is not evidenced by an Instrument or Chattel Paper, whether or not it has been
earned by performance, including but not limited to contract rights. Without limiting the
foregoing, Accounts shall include all "accounts" as defined in the Uniform Commercial Code
as in effect from time to time in the Commonwealth of Pennsylvania ("UCC").
Accounts Receivable - All Borrower's present or future Accounts, accounts
receivable, other receivables, contract rights, Chattel Paper, notes, cash, cash equivalents,
rights under letters of credit, Instruments and Documents, and all proceeds thereof, together
with all Instruments, all Documents representing any of the foregoing, all rights in any
merchandise or goods which any of the same kiay represent, and all right, title, security and
guaranties with respect to each Account Receivable, including any right of stoppage in transit.
Chattel Paper - Any writing or writings which evidence both a monetary
obligation and a security interest in or a lease of specific goods. Without limiting the
foregoing, Chattel Paper shall include all "chattel paper" as defined in the UCC.
Deposit Accounts - Any and all demand, time, savings, passbook or other
accounts that Borrower may now or in the future maintain with any bank, savings and loan
association, credit union, or similar organization, including any account evidenced by a
certificate of deposit. Without limiting the foregoing, "Deposit Accounts" includes all of
Borrower's accounts maintained with Lender, but shall not include any tenant security account.
Documents - Documents of title as defined in Section 1-201 of the UCC, and
receipts of the kind described in Subsection (2) of Section 7-201 of the UCC.
Equipment - All now owned or hereafter acquired goods which are used or
bought for use by Borrower in the business of Borrower, including but not limited to
equipment, tools, tooling, machinery, furniture and fixtures, vehicles (exclusive of leased
vehicles) and trade fixtures and all parts, instruments, accessories, alterations, modifications,
replacements, additions, tools, supplies, operating manuals and improvements intended to be
{L02353641}
used on or in connection with the foregoing. Without limiting the foregoing, Equipment shall
include all "equipment" as defined in the UCC.
General Intangibles - Any present or future personal property of Borrower
(including things in action) other than tangible personal property, goods, Accounts, Accounts
Receivable, Chattel Paper, Deposit Accounts, Documents, Equipment, Instruments, and
money, including, but not limited to, (i) liquor licenses; (ii) leases; (iii) rents generated from
all real property owned or leased by Borrower; (iv) tax refunds and rights to receive tax
refunds; (v) certificates and policies of insurance and insurance proceeds; (vi) inventions,
patents, patent rights, and patent applications, (including, without limitation, all reissues,
divisions, continuations and extensions of any patent or patent application); (vii) copyrights,
registrations and applications for copyrights (and all future income from such copyrights),
including all waivers of moral rights; (viii) all rights and interests in and to designs, know-
how, manufacturing, engineering and other drawings and manuals, technology, blue prints,
patterns, dies, research and development reports, technical information, engineering data,
design and engineering specifications, and similar materials recording or evidencing expertise;
(ix) licenses, federal and state trademarks, and goodwill associated therewith, trade names,
service marks and names, and logos; (x) all rights to damages and profits by reason of the
infringement of any of the intellectual property listed in items (vi) to (ix), inclusive; (xi) all
other intellectual property rights throughout the world; (xii) goodwill; (xiii) customer lists;
(xiv) causes of action, judgments, rights of indemnification, contribution and subrogation;
(xv) rights against suppliers or manufacturers; (xvi) royalties; (xvii) computer programs, tapes
and software; and (xviii) designs, blueprints, and plans. Without limiting the foregoing,
General Intangibles shall include all "general intangibles" as defined in the UCC.
Instruments - Negotiable instruments (as defined in Section 3-104 of the UCC)
or certificated securities (as defined in Section 8-102 of the UCC) or any other writings which
evidence a right to the payment of money and are not themselves security agreements or leases
and are of the type which are in the ordinary course of business transferred by delivery with
any necessary endorsement or assignment. Without limiting the foregoing, Instruments shall
include all "instruments" as defined in the UCC.
Inventor,/- Any and all present and future goods, merchandise and other
personal property, including, without limitation, goods in transit, of Borrower, which are or
may at any time be held for sale or lease, furnished or to be furnished under any contract of
service, or held as raw materials, work in process, finished goods, supplies or materials which
are used or consumed in connection with Borrower's business, and any present and future
property of Borrower, the sale or other disposition of which has given rise to an Account
Receivable and which has been returned to or repossessed or stopped in transit by Borrower,
and the products of any such goods, merchandise and other personal property. Without
limiting the foregoing, Inventory shall include all "inventory" as defined in the UCC.
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Proceeds - All proceeds of Accounts, Accounts Receivable, Chattel Paper,
Deposit Accounts, Documents, Equipment, General Intangibles, Instruments and Inventory,
including, but not limited to, the following:
a. All returned or repossessed goods arising from, or
relating to, any sale or other disposition of any of the foregoing;
b. All components, accessories, additions, attachments,
appurtenances and improvements, pertaining or attached to any of the foregoing;
of the foregoing;
All substitutions, renewals, and replacements of or to any
d. All books, records, computer software, disks or tapes of
or relating to any of the foregoing; and
e. All cash and non-cash proceeds and products, whether
immediate or remote, of or relating to any of the foregoing.
Without limiting the above, Proceeds shall include all "proceeds" as defined in the UCC.
The security interests granted hereunder are subject only to (i) the second
priority lien of Commerce Bank/Harrisburg, National Association, (ii) the lien of Commerce
Bank/Pennsylvania, National Association (the "Trustee") in the Construction Fund, and all
other moneys and securities, held from time to time by Trustee under that certain Trust
Indenture dated as of March 8, 2001 between Debtor and Trustee, and (iii) those liens set forth
on Schedule I hereto.
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SCHEDULE I
Cumberland County
Mortgage to Mellon Bank, N.A., dated 12/23/99, recorded 2/22/00, in Mortgage
Book 1596, page 725, in the amount of $195,000
Mortgage to Fulton Bank, dated 1/27/93, recorded 2/1/93, in Mortgage Book 1115,
Page 1066, in the amount of $980,100, Mortgage Modification recorded in
Miscellaneous Book 612, page 346.