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HomeMy WebLinkAbout13-1322 SHERIFF'S OFFICE OF CUMBERLAND COUNTY Ronny R Anderson Sheriff - i' Jody s Smith err THE PRQTH0i40iTA '`f' Chief Deputy • "" 2013 MAR 20 PM 3' 07 Richard W Stewart Solicitor OfFICEQFTF_µSHEERJFZ CUMBERLAND COUNT' PENNSYLVANIA Susquehanna Bank vs. Case Number Nava K Nawaz 2013-1322 SHERIFF'S RETURN OF SERVICE 03114/2013 03:00 PM-Deputy Tim Black, being duly swom according to law, served the requested Confession of Judgment; Complaint in Confession of Judgment; and Notice Under Rule 2958.1 of Judgment and Execution Thereonby handing a true copy to a person representing themselves to be Jamal Kizibaash, Mother of defendant,who accepted as"Adult Person in Charge"for Nava K Nawaz at 6353 Galleon Drive, Hampden Twp, Mechanicsburg, PA 17050. TIM .A{C, DEPUTY SHERIFF COST: $38.00 SO ANSWERS, March 15, 2013 RON R ANDERSON, SHERIFF =c7 tFOtmlySti:L 3hrrfP(T�learef;_Inc, --s March 28,2013 Malik M.Nawaz&Nava K. Nawaz(Prose) ?`, 1 a Perll Diagnostics, Inc. 5010 Ritter Road, Ste 104,Mechanicsburg, PA 17055 Telephone(570)394-2776 (Prose) - SUSQUEHANNA BANK, COURT OF COMMON PLEAS OF Plaintiff CUMBERLAND COUNTY, V. PENNSYLVANIA NAVA K. NAWAZ,AKA NAVA NAWAZ Defendant CIVIL ACTION -LAW No. 13 — 1322_ Civil PETITION TO OPEN/RELIEF OF JUDGEMENT 1. On May 11, 2011, a commercial business loan was approved for Perll Diagnostics, Inc. in the amount of$450,000. Your honor, a true copy of the note is attached in Exhibit"A". 2. On October 27,2011, a line of credit was approved for Perll Diagnostics, Inc. in the amount of $250,000; Exhibit"B". 3. The defendant, Perll Diagnostics, Inc. made monthly payments to both loans; Exhibit"C". 4. In June 2012,the Defendant sent an e-mail to Susquehanna Bank with the intention of prepaying the loan in lump sum by the sale of the property in Danville PA; Exhibit"D". 5. The defendant prepaid the loan in Lump sum of$133,705.99 in October 2012; Exhibit"E". 6. This prepaid the commercial loan till August 2014. The defendant had requested the bank to apply some of the prepayments towards the line of credit loan which the bank refused. 7. Despite the lump sum prepayment of($133,705.99), in October 2012 the defendant received a notice from the bank on Nov 26`h 2012 to pay the full balance of the two loans($558,371.65) within 15 days; Exhibit"F". 8. The defendant made another monthly payment of$1,249.99 on January 7, 2013 towards the line of credit; Exhibit"G". 9. The defendant used the loans to start a business of a medical diagnostic laboratory, in Mechanicsburg, Pennsylvania, which is in its second year of business and at its critical stage of development needs the legal support of the court to settle this dispute. 10. Wherefore,the defendant prays your Honorable court to open judgment to resolve this matter. Respectfully submitted, MALIK M. NAWAZ & NAVA K.NAWAZ •w IT U.S. Srnall Busi;less Ad 4G^ AUTHORI ZATIC N (SBA 7(A) GLIAF;ANTEE,D LOAN) SBA Loan # 46085150-09 SBA Loan Name Peril Diagnostics,Inc. Approval Date March 30,2011 Lender: U. S. Small Business Admit istration(SBA): Susquehanna Bank Philadelphia District Office 159 E.High Street Parkview Towers Pottstown,PA 19464 1150 First Avenue- Suite 11101 King of Prussia,PA 19406 SBA approves, under Section 7(a)of the Small Business Act as amended, Lender';; application,received March 30, 2011, for SBA to guarantee 75.00%of a loan ("Loan")in the amount of $450,000.00 to assist: Borrower: 1. Peril Diagnostics,Inc. 5010 Ritter Road Suite 104 Mechanicsburg,PA 17055 All requirements in the Authorization which refer to Borrower also apply to any Q-Borrower. A. THE GUARANTEE FEE IS$10,12:5.00. Lender must pay the guarantee fee within 90 days of the approval date of this.,authorization. Failure to timely pay the guarantee fee will result in cancellation of the SBA guarantee, The 90-day deadline may not be extended. Lenders are required to make their payments el mtronically. Payment can be made at www.pay.gov or by ACH if they have previously enrolled with the SBA. No part of the guarantee fee is refundable if Lender has made,any disbursement. Lender may collect this fee from Borrower after initial disbursement of Loan. Borrower may use Loan prc ceeds to reimburse Lender for the guarantee fee. For loans of$150,000 or less,Lender may retain 25%of the guarantee fee but i nust remit the remainder to SBA. B. ONGOING SERVICING FEE 1. Lender agrees to pay SBA an ongoing fee equal to 0.550 of one percent pe-year of the guaranteed portion of the outstanding balance. SBA Loan Number: 46085150-09 Page I SBA Loan Name: Peril Diagnostics, Inc. (7a Wizard 2009.4) 2. Lender may not charge or otherwise pass through this fee to Borrower. C. IT IS LENDER'S SOLE RESPONSIBILITY TO: I. Close the Loan in accordance with the terms and conditions of this Authorization. 2. Obtain valid and enforceable Loan documents,including obtaining the signature or written consent of any obligor's spouse if such consent or signature is necessary to bind the marital community or create a valid lien on marital property. 3. Retain all Loan closing documents. Lender must submit these documents,along with other required documents,to SBA for review if Lender requests SBA to honor its guarantee on the Loan, or at any time SBA requests the documents for review. D. REQUERED FORMS 1. Lender may use its own forms except as otherwise instructed in this Authorization. Lender must use the following SBA forms for the Loan: SBA Form 147,Note SBA Form 1050,Settlement Sheet SBA Form 159(7(a)),Compensation Agreement,for each required agent SBA Form 722,Equal Opportunity Poster SBA Form 148,Guarantee 2. Lender may use computer-generated versions of mandatory SBA Forms,as long as these versions are exact reproductions. E. CONTINGENCIES—SBA issues this Authorization in reliance on representations in the Loan application,including supporting documents. The guarantee is contingent upon Lender. 1. Having and complying with a valid SBA Loan Guarantee Agreement(SBA Form 750 or SBA Form 750B for short-term loans)and any required supplemental guarantee agreements,between Lender and SBA; 2. Having paid the full guarantee fee in the time and manner required by this Authorization and the SOP; 3. Complying with the current SBA Standard Operating Procedures(SOP); 4. Completing disbursement no later than b months from the approval date of this Authorization, unless the disbursement period is extended by proper SBA procedures. (The final disbursement period cannot exceed 48 months from the approval date of this Authorization. Any undisbursed balance remaining after 48 months will be automatically cancelled by SBA); 5. Having no evidence since the date of the Loan application,or since any preceding disbursement, of any unremedied adverse change in the financial condition, organization,management, operation,or assets of Borrower or Operating Company which would warrant withholding or not making any further disbursement;and, 6. Satisfying all of the conditions in this Authorization. SBA Loan Number: 46085150-09 page 2 SBA Loan Name: Peril Diagnostics,Inc. (7a Wizard 2009.4) F. NOTE TERMS: I. Maturity: This Note will mature in 10 years from date of Note. 2. Repayment Terms: Lender must insert onto SBA Note,Form 147,to be executed by Borrower, the following terms,without modification. Lender must complete all blank terms on the Note at time of closing: The interest rate on this Note will fluctuate. The initial interest rate is 6.00%per year. This initial rate is the prime rate in effect on the first business day of the month in which SBA received the loan application,plus 2.75%. The initial interest rate must remain in effect until the first change period begins. Borrower must pay a total of 6 payments of interest only on the disbursed principal balance beginning one month from the month this Note is dated and every month thereafter;payments must be made on the first calendar day in the months they are due. Borrower must pay principal and interest payments of$5,188.27 every month,beginning seven months from the month this Note is dated; payments must be made on the first calendar day in the months they are due. Lender will apply each installment payment first to pay interest accrued to the day Lender receives the payment,then to bring principal current,then to pay any late fees,and will apply any remaining balance to reduce principal. The interest rate will be adjusted every calendar quarter(the"change period"). The "Prime Rate" is the prime rate in effect on the first business day of the month(as published in the Wall Street Journal)in which SBA received the application,or any interest rate change occurs. Base Rates will be rounded to two decimal places with.004 being rounded down and .005 being rounded up. The adjusted interest rate will be 2.75%above the Prime Rate. Lender will adjust the interest rate on the first calendar day of each change period. The change in interest rate is effective on that day whether or not Lender gives Borrower notice of the change, Lender must adjust the payment amount at least annually as needed to amortize principal over the remaining term of the note. If SBA purchases the guaranteed portion of the unpaid principal balance,the interest rate becomes fixed at the rate in effect at the time of the earliest uncured payment default. if there is no uncured payment default,the rate becomes fixed at the rate in effect at the time of purchase. Loan Prepayment: Notwithstanding any provision in this Note to the contrary: Borrower may prepay this Note. Borrower may prepay 20%or less of the unpaid principal balance at any time without notice. If Borrower prepays more than 20%and the Loan has been sold on the secondary market,Borrower must: a. Give Lender written notice; SBA Loan Number: 46085150-09 page 3 SSA Loan Name: Perll Diagnostics,Inc. (7a wizard 2009.4) b. Pay all accrued interest;and c. If the prepayment is received less than 21 days from the date Lender receives the notice, pay an amount equal to 21 days'interest from the date lender receives the notice,less any interest accrued during the 21 days and paid under subparagraph b., above. If Borrower does not prepay within 30 days from the date Lender receives the notice,Borrower must give Lender a new notice. All remaining principal and accrued interest is due and payable 10 years from date of Note. Late Charge: If a payment on this Note is more than 10 days late,Lender may charge Borrower a late fee of up to 5.00%of the unpaid portion of the regularly scheduled payment. 3. Lender must include confession of judgment clauses in the Note for borrower(s)resident in Pennsylvania. r G. USE OF PROCEEDS 1. $58,484.00 to purchase equipment. 2. $381,017.00 for working capital. 3. $10,499.00 for furniture and fixtures. All amounts listed above are approximate. Lender may not disburse Loan proceeds solely to pay the guarantee fee. Lender may disburse to Borrower,as working capital only,funds not spent for the listed purposes as long as those funds do not exceed 10%of the specific purpose authorized or $10,000.00,whichever is less. An Eligible Passive Company may not receive working capital funds. The loan must be made for a sound business purpose and must benefit the small business,and one 7(a)loan may not be split into two 7(a)loans merely to benefit the Lender. 13 CFR 120.120 and 120.130(e) Lender must document that Borrower used the loan proceeds for the purposes stated in this Authorization. Lender and Borrower must complete and sign SBA Form 1050 at the time of first disbursement. Lender must document the first and all subsequent disbursements by attaching required documentation to the original SBA Form 1050 and must maintain the documentation in the Loan file, following procedures described in SOP 50-10(5). H. COLLATERAL CONDITIONS Lender must obtain a lien on 100%of the interests in the following collateral and properly perfect all lien positions: 1. First Perfected Security Interest,subject to no other liens,in the following personal property(including any proceeds and products),acquired with loan or project proceeds, SSA Loan Number: 46085150-09 Page 4 SBA Loan Name: Peril Diagnostics,Inc. (7a Wizard 2409.4) including all replacements and substitutions,wherever located: Equipment;Inventory;Accounts;Instruments;Chattel Paper;General Intangibles; a. Lender must obtain a written agreement from all Lessors(including sublessors)agreeing to:(1)Subordinate to Lender Lessor's interest,if any, in this property;(2)Provide Lender written notice of default and reasonable opportunity to cure the default;and(3)Allow Lender the right to take possession and dispose of or remove the collateral. b. Lender must obtain a list of all equipment and flxiures that are collateral for the Loan. For items with a unit value of$5,000 or more,the list must include a description and serial number, if applicable. c. Lender must obtain an appropriate Uniform Commercial Code lien search evidencing all required lien positions.If UCC search is not available,another type of lien search may be substituted. 2. Guarantee on SBA Form 148,by Malik M.&Nava K.Nawaz,resident in Pennsylvania. Secured by: a. Second Mortgage on land and improvements located at 21 Erin Drive,Danville PA 17821.This property is residential. (1) Subject only to prior lien(s)as follows: (a) First: JP Morgan Chase NA in the amount of$402,500.00 (2) Evidence of title and priority of lien must be based upon: (a) Title and/or Lien Search or other evidence of proper ownership and lien position. b. Second Mortgage on land and improvements located at 6353 Galleon Drive, Mechanicsburg PA 17050.This property is residential. (1) Subject only to prior lien(s)as follows: (a) First: JP Morgan Chase Bank,NA in the amount of$135,000.00 (2) Evidence of title and priority of lien must be based upon: (a) Title and/or Lien Search or other evidence of proper ownership and lien position. c. First Mortgage on land and improvements located at 11922 Bates Court,Orland Park IL 60467.This property is residential. (1) Subject to no other liens. (2) Evidence of title and priority of lien must be based upon: (a) Title and/or Lien Search or other evidence of proper ownership and lien position. The following language must appear in all lien instruments including Mortgages,Deeds of Trust,and Security Agreements: "The Loan secured by this lien was made under a United States Small Business Administration (SBA) nationwide program which uses tar dollars to assist small business owners. If the United States is seeking to enforce this document, then under SBA regulations: a) When SBA is the holder of the Note, this document and all documents evidencing or securing this Loan will be construed in accordance with federal law. h) Lender or SBA may use local or state procedures for purposes such as filing papers, recording documents, giving notice,foreclosing liens, and other purposes. By using these procedures, SBA does not waive arty federal immunity from local or state control,penalty, tax or liability.No Borrower or Guarantor may claim or assert against SBA any local or SBA Loan Number: 46085150-09 Page 5 SBA Loan Name: Perll Diagnostics, Inc. (7a wizard 2049.0 state law to deny any obligation of Borrower, or defeat any claim of SBA with respect to this Loan. Any clause in this document requiring arbitration is not enforceable when SBA is the holder of the Note secured by this instrument." Pennsylvania Mandatory Provision--Lender must include valid confession of judgment clauses in guarantees signed by Pennsylvania residents. I I. ADDITIONAL CONDITIONS 1. Insurance Requirements Prior to disbursement,Lender must require Borrower to obtain the following insurance coverage and maintain this coverage for the life of Loan: a. FIood Insurance. Based on the Standard Flood Hazard Determination(FEMA Form 81-93): (1) If any portion of a building that is collateral for the Loan is located in a special flood hazard area,Lender must require Borrower to obtain flood insurance for the building under the NF1P. (2) If any equipment,fixtures,or inventory that is collateral for the loan("Personal Property Collateral')is in a building any portion of which is located in a special flood hazard area and that building is collateral for the Loan,Lender must require Borrower to also obtain flood insurance for the Personal Property Collateral under the NFIP. (3) If any equipment,fixtures,or inventory that is collateral for the loan("Personal Property Collateral")is in a building any portion of which is located in a special flood hazard area and that building is not collateral for the Loan,Lender must require Borrower to obtain available flood insurance for the Personal Property Collateral. Lender may waive SBA's requirement for flood insurance for the Personal Property Collateral when the building is not collateral for the Loan,but only if Lender,using prudent lending standards,puts a written determination into the loan file that flood insurance is either not available or not economically feasible; Insurance coverage must be in amounts equal to the lesser of the insurable value of the property or the maximum limit of coverage available. insurance coverage must contain a MORTGAGEE CLAUSE/LENDERS-LOSS PAYABLE CLAUSE(or substantial equivalent) in favor of Lender. This clause must provide that any action or failure to act by the debtor or owner of the insured property will not invalidate the interest of Lender and SBA. (Borrower will be ineligible for any future SBA disaster assistance or business loan assistance if Borrower does not maintain any required flood insurance for the entire term of the Loan.) b. Real Estate Hazard Insurance coverage on all real estate that is collateral for the Loan in the amount of the full replacement cost. If full replacement cost insurance is not available, coverage must be for maximum insurable value. Insurance coverage must contain a MORTGAGEE CLAUSE(or substantial equivalent)in favor of Lender. This clause must provide that any action or failure to act by the mortgagor or owner of the insured property will not invalidate the interest of Lender.The policy or endorsements must provide for at least 10 days prior written notice to Lender of policy cancellation. SBA Loan Number: 46085 150-09 page 6 SBA Loan Name: Perll Diagnostics, Inc. (7a Wizard 2009.4) c. Personal Property Hazard Insurance coverage on all equipment, fixtures or inventory that is collateral for the Loan,in the amount of full replacement costs. If full replacement cost insurance is not available, coverage must be for maximum insurable value. Insurance coverage must contain a LENDER'S LOSS PAYABLE CLAUSE in favor of Lender. This clause must provide that any action or failure to act by the debtor or owner of the insured property will not invalidate the interest of Lender. The policy or endorsements must provide for at least 10 days prior written notice to Lender of policy cancellation. d. Life Insurance,satisfactory to Lender: (1) on the life of Nava K.Nawaz in the amount of$450,000.00. (2) on the life of Malik M.Nawaz in the amount of$450,000.00. Lender must obtain a collateral assignment of each policy with Lender as assignee and Lender must also obtain acknowledgment of the assignment by the Home Office of the Insurer. Lender must assure that Borrower pays the premium on the policy. e. Liability Insurance in an amount and with an insurance company satisfactory to Lender. f. Workers' Compensation Insurance in an amount meeting state law requirements and with an insurance company satisfactory to Lender. I 2. Borrower,Guarantor and Operating Company Documents a. Prior to closing,Lender must obtain from Borrower,Guarantor and Operating Company a current copy of each of the following as appropriate: (1) Corporate Documents—Articles or Certificate of Incorporation(with amendments}, any By-laws,Certificate of Good Standing(or equivalent),Corporate Borrowing Resolution,and, if a foreign corporation,current authority to do business within this state. (2) Limited Liability Company(LLC)Documents—Articles of Organization(with amendments),Fact Statement or Certificate of Existence,Operating Agreement, Borrowing Resolution,and evidence of registration with the appropriate authority. (3) General Partnership Documents—Partnership Agreement,Certificate as to Partners, and Certificate of Partnership or Good Standing(or equivalent),as applicable. (4) Limited Partnership Documents—Partnership Agreement,Certificate as to Partners, and Certificate of Partnership or Good Standing(or equivalent),as applicable, Certificate of Limited Partnership, and evidence of registration with the appropriate authority. (5) Limited Liability Partnership(LLP)Documents—Partnership Agreement, Certificate as to Partners,Certificate of Partnership or Good Standing(or equivalent) as applicable,and evidence of registration with the appropriate authority. (6) Trustee Certification—A Certificate from the trustee warranting that: (a) The trust will not be revoked or substantially amended for the term of the Loan without the consent of SBA; (b) The trustee has authority to act; (c) The trust has the authority to borrow funds, guarantee loans,and pledge trust assets; (d) If the trust is an Eligible Passive Company, the trustee has authority to lease the property to the Operating Company; (e) There is nothing in the trust agreement that would prevent Lender from realizing on any security interest in trust assets; (f) The trust agreement has specific language confirming the above;and SBA Loan Number: 46085150-09 page 7 SBA Loan Name: Perll Diagnostics, Inc. (7a Wizard 2009.4) (g) The trustee has provided and will continue to provide SBA with a true and complete list of all trustors and donors. (7) Trade Name—Documentation that Borrower has complied with state requirements for registration of Borrower's trade name(or fictitious name), if one is used. b. Prior to closing,Lender must obtain from Borrower and Operating Company: (1) Ownership—Evidence that ownership and management have not changed without Lender's approval since the application was submitted. 3. Operating Information Prior to any disbursement of Loan proceeds,Lender must obtain: a. Verification of Financial Information---Lender must submit IRS Form 4506-T(SBA version)to the Internal Revenue Service to obtain federal income tax information on Borrower,or the Operating Company if the Borrower is an EPC, for the last 3 years(unless Borrower or Operating Company is a start-up business). If the business has been operating for less than 3 years,lender must obtain the information for all years in operation. This requirement does not include tax information for the most recent fiscal year if the fiscal year-end is within 6 months of the date SBA received the application. Lender must compare the tax data received from the IRS with the financial data or tax returns submitted with the Loan application,and relied upon in approving the Loan. Borrower must resolve any significant differences to the satisfaction of Lender and SBA. Failure to resolve differences may result in cancellation of the Loan. If the Loan involves a change of ownership,Lender must verify financial information provided by the seller of the business in the same manner as above. If Lender does not receive a response from the IRS or copy of the tax transcript within 10 business days of submitting the IRS Form 4506-T,then Lender may close and disburse the loan provided that Lender sends a second request following precisely the procedures detailed in SOP 50-10(5)and Lender performs the verification and resolves any significant differences discovered,even if the Loan is fully disbursed. b. Authority to Conduct Business—Evidence that the Borrower has an Employer Identification Number and all insurance,licenses,permits and other approvals necessary to lawfully operate the business. c. Flood Hazard Determination—A completed Standard Flood Hazard Determination (FEMA Form 81-93). d. Lease--Current leases)on all business premises where collateral is located with term, including options,at least as long as the term of the Loan. 4, Injection Lender must obtain evidence that prior to disbursement: a. Cash Injection--At least$194,762.00 cash has been injected into the business as equity capital.This cash is for Furniture,fixtures,equipment,working capital and closing costs. 5. Certifications and Agreements a. Prior to disbursement,Lender must require Borrower to certify that: SBA Loan Number: 46085150-09 page 8 SBA Loan Name: Peril Diagnostics,Inc. (7a wizard 20099) (1) Receipt of Authorization--Borrower has received a copy of this Authorization from Lender,and acknowledges that: (a) The Authorization is not a commitment by Lender to make a loan to Borrower; (b) The Authorization is between Lender and SBA and creates no third party rights or benefits to Borrower-, (c) The Note will require Borrower to give Lender prior notice of intent to prepay. (d) If Borrower defaults on Loan, SBA may be required to pay Lender under the SBA guarantee. SBA may then seek recovery of these funds from Borrower. Under SBA regulations, 13 CFR Part 101, Borrower may not claim or assert against SBA any immunities or defenses available under local law to defeat, modify or otherwise limit Borrower's obligation to repay to SBA any funds advanced by Lender to Borrower. (e) Payments by SBA to Lender under SBA's guarantee will not apply to the Loan account of Borrower,or diminish the indebtedness of Borrower under the Note or the obligations of any personal guarantor of the Note. (2) Child Support—No principal who owns at least 50%of the ownership or voting interest of the company is delinquent more than 60 days under the terms of any(a) administrative order, (b)court order,or(c)repayment agreement requiring payment of child support. (3) Current Taxes--Borrower is current on all federal,state, and local taxes, including but not limited to income taxes,payroll taxes,real estate taxes,and sales taxes. (4) Environmental­—For any real estate pledged as collateral for the Loan or where the Borrower is conducting business operations(collectively "the Property"): (a) At the time Borrower submitted the Loan application, Borrower was in compliance with all local, state,and federal environmental laws and regulations pertaining to reporting or clean-up of any hazardous substance,hazardous waste, petroleum product,or any other pollutant regulated by state or federal law as hazardous to the environment(Contaminant),and regarding any permits needed for the creation,storage,transportation or disposal of any Contaminant; (b) Borrower will continue to comply with these laws and regulations; (c) Borrower,and all of its principals,has no knowledge of the actual or potential existence of any Contaminant that exists on,at,or under the Pro",including groundwater,other than what was disclosed in connection with the Environmental Investigation of the Property; (d) Until full repayment of the Loan,Borrower will promptly notify Lender and SBA if it knows or suspects that there has been,or may have been,a release of a Contaminant in,at,or under the Property, including groundwater, or if Borrower or such Property are subject to any investigation or enforcement action by any federal, state,or local environmental agency(Agency)pertaining to any Contaminant on,at,or under such Property, including groundwater; (e) As to any Property owned by Borrower,Borrower indemnifies,and agrees to defend and hold harmless,Lender and SBA, and any assigns or successors in interest which take title to the Property, from and against all liabilities,damages, fees,penalties or losses arising out of any demand,claim or suit by any Agency or any other party relating to any Contaminant found on,at,or under the Property, including groundwater, regardless of whether such Contaminant resulted from Borrower's operations. (Lender or SBA may require Borrower to execute a separate indemnification agreement). SBA Loan Number: 46085150-09 Page 9 SBA Loan Name: Pert[ Diagnostics,Inc. (7a Wizard 2009.4) b. Prior to disbursement,Lender must require Borrower to certify that it wiU: (1) Reimbursable Expenses---Reimburse Lender for expenses incurred in the making and adrrdnistration of the Loan. (2) Books,.koeords,.andReport*-- (a) Keep proper hooks of accountin a manner satisfactory to.Lender, (b) Furnish year=end,stattinents to Lender within 120 days of fiscal year end-, (c) I<umish:additional financial s tate rnents or.reports.whenever Lender requests: there; (d) Allow Lender or SBA;at Borrower's expetrse;.;to: (1j, inspect and audit books,,records and papers:rclating.to Borrower's financial: or businesscondition;and (2] Inspect:an&app.raise any ofBorroweet assets;Fuld' [31 Allow all governhiont'authorities tq'1UFt!sh rcparts`of exansiriatiorts or`ariY records pertaiiiiug to Borrower,upon request by Lender or SBA, (3) Equal Olsttortunity:-Post SBA.Form 7222,,)Equal Oppoit n't Faster,,where it is clearly visible.to:employees;applicants foi:esriploYment.acid the general'public. (4) Atnericart�niode'Prodttets To'theektetitpr$cticable,:pumh8seonlyAmerieam-made eOuipment and products wit.h-the proceeds:of the Loan: (5) Ta.*e& Pay ail.. federal;state, and-local tames,including income,payroll,real estate and sales taxes of the business when they come'due. c. Leader must require.Borrowet'to certify that.it will.not,without Lender's prior written consent: (2) Distribute!vas--Nfake:any distribution of company assets that will adversely affect the finamcfal-condition of Borrower: (2) Owneriilyip Changes--C'liange:the ownership structure or interests in the business during:the-term of the"Loan, (3) Transfer of Assets-Sell,lease,;pledge,encoTriber(except by purchase money liens on property acquired:aRer.the datt of the Note),or otherwise dispose of any. of Borrower's property or assets,except in the ordinary'course of business. ADMIMTRATOR SMALL BVSINESS ADN4,IN'ISTRATION March 30,2011 By: Lynn G.0 Exec ice grit; Date a Preferred ender as der an a an agent of and on behalf ofthe SBA for:the purpose of executing t is Au t ri 'tion. ,-A Loan Number: 46085150-09 Page 10 SBA Loan Name: Pcr1I Diagnostics, Inc. Wizard(7a Vttard 2049:4) tam YYYY till i�AMTI 1 lltr� Susquehanna Susquehanna Seek BUSINESIS IRAN AGREEME NT Principal Loan Date Maturity L oan No can f Coll —T� A: 1; OfRcef initials $250,000,00 10-27-2011 1 10039824811 10C I 22049 References in the boxes above are for Lender's use only anc do not limit the applicability of phis dooimei to y partk:ular loan or item. Any item above containing has been omitted due to text IM 9-1h—1-2t2 s. Borrower: Pero Diagnostics,Inc. Lend•ar. Susquehanna as d 5010 Ritter Road,Suite 104 Pottstown Mechanicsburg.PA 17055 159E High a.Han.ve 'i treat Pottstown,P A 1946, THIS BUSINESS LOAN AGREEMENT dated October 27, 2011, Is made and executed between i>eril Hat noatics, Inc. ("Borrower") and Susquehanna Bank ("Lender")on the following terms and conditions. Borrower has received prior commei a at:suns front Lender or has applied to Lander far a commercial loan or loans at other financial acct mmodations,including those which mast be c esc 11taid on any exhibit or schedule attached to this Agreement Borrower understands and agrees,that (A) In granting,renewing,or extencrkrg rme Loan,Lender is tenrhtg upon Borrower's representations,warranties,and agreements as set forth in this Agreement; (B) the granting, ent wing,of extending of any Loan by Lender at all times shag be subject to Landers sole judgment and discretion;and (C) all such Loans shall be arid remain subject to the terms and conditions of this Agreement TERM. This Agreement shat be effective as of October 27,2011,and shall continue in full force and offers um 1 such time as all of Borrower's Loans in favor of Lander have boon paid in full,including princpal,interest,costs,expenses,attome fs'tees, a-d other fees and charges,or until such time as the parties may agree in writing to terminate his Agreement. ADVANCE AUTHORITY. The following person or persons are authorized to request advances and autharim payrnents under the line of credit until Lender receives from Borrower, at Lender's address sh 3wn above, written notice of revocation of so,h authority: Nava K. Nawaz, Presidentrrrsasurer of Peril Diagnostics,Inc.;and Malik M.Nawa;Secretary of Part Diagnostics,Inc. CONDITIONS PRECEDENT TO EACH ADVANCE. Lender's obigation to make'ice initial Advance and each subsequent Advance under this Agreement shall be subject to the fulfillment to Lenders satisfaction of all of the conditions set tonal in-'his Agreement and in the Related Documents. Loan Documents. Borrower shall provide to Lender the ollawing documents for the Loan: (1 the Nate; (2) Security Agreements granting to Lender security interests in the Collateral; (C) financing statements and all other documents perfecting Lender's Security Interests: (4) evidence of insurance as required below, ',5) guarantee; (6) together with all much Related Documents as Lender may require for the Loan;all in forth and substance satisfactory a Lender and Lender's counsel. Borrower's Authorization. Borrower shall have provided it form and substance satisfactory to Lender properly certified resolutions,duly authorizing the execution and delivery of this Agreement,t.te Note and the Related Documents. In addition,Borrower shat have provided such other resolutions,authorizations,documents and instmments as Lender or its counsel,may require. Payment of Fns and Expeows. Borrower shat have paid to Lender all fees,charges,and other expenses which are then due and payable as specified in this Agreement or any Related Document. Representations and Warranties. The representations and warranties set forth in this Agreement,in the Related Documents,and in any document or certificate delivered to Lander under this Agreement are true and correct. No Event of Default There shall not exist at the time of aiy Advance a condition which would constitute an Event of Default under this Agreement or under any Related Document. REPRESENTATIONS AND WARRANTIES. Borrower represents aid warrants to Lender,as of the date of this Agreement,as of the date of each disbursement of loan proceeds,as of the date of any renewal,extension or modification of any Loan,and at all times any Indebtedness exists: Organization. Borrower is a corporation for profit which is,and at all times shall be,duly organized,validly existing,and in good standing under and by virtue of the laws of the Commonwealth of Pennsylvania. Borrower is duly authorized to transact business in all other states in which Borrower is doing business,having obtained all necessary filings,governmental licenses and approvals for each state in which Borrower is doing business. Specifically,Borrower is,and at at times shaft be,duly qualified as a foreign corporation in all states in which the failure to so qualify would have a material adverse affect on its business or financial condition. Borrower has the full power and authority to own its properties and to transact the business,in which it is presently engaged or presently proposes to engage. Borrower maintains an office at 5010 Ritter Road.Suite 104,Meehanesburg,PA 17055, Unless Borrower has designated otherwise In writing,the principal office is the office at which Borrower keeps its beaks and records including its records eoneerring the Colfateral. Borrower will notify Lender prior to any change in the location of Barrower's state of organization or any change in Borrower's name. Borrower shat do at things necessary to preserve and to keep in full torte and effect its existence,rights and privileges,and shall comply with all regulations, rules,ordinances,statutes,orders and decrees of any governmental or quasi-governmental authority or court applicable to Borrower and Borrower's business activities. Assumed Business Name. Borrower has filed or recorded all documents or filings required by law relating to at assumed business names used by Borrower. Excluding the name of Borrower,the following is a complete list of all assumed business names under which Borrower does business: None, Authorization. Borrower's execution, delivery, and performance of this Agreement and all the Related Documents have been duly authorized by alt necessary action by Borrower and do not conflict with,result in a violation of,or constitute a default under (1) any provision of (a) Borrower's articles of incorporation or organization,or bylaws,or (b) any agreement or other instrument binding upon Borrower or (2) any law,governmental regulation,court decree,or order applicable to Borrower or to Borrower's properties. Financial Information. Each of Borrower's financial statements supplied to Lender truly and completely disclosed Borrower's financial condition as of the data of the statement,and there has been no material adverse change in Borrower's financial condition subsequent to the date of the most recent financial statement supplied to Lender. Borrower has no material contingent obligations except as disclosed in such financial statements. Legal Effect This Agreertxnt constitutes,and any instrument or agreement Borrower is required to give under this Agreement when delivered will constitute legal,valid,and binding obligations of Borrower enforceable against Borrower in accordance with their respective terms. Properties. Except as contemplated by this Agreement or as previously disclosed in Borrower's financial statements or in writing to Lender and as accepted by Lender,and except for property tax liens for taxes not presently due and payable,Borrower owns and has good title to all of Borrower's properties free and clear of at Security Interests,and has not executed any security documents or financing statements relating to such properties. All of Borrower's properties are filled in Borrower's legal name,and Borrower has not used or filed a financing statement under any other name for at least the last rive(5)years. Hazardous Substances. Except as disclosed to and acknowledged by Leader in writing,Borrower represents and warrants that (1) During the period of Borrower's ownership of the Collateral,there has been no use,generation,manufacture,storage,treatment,disposal,release or threatened release of any Hazardous Substance by any person on,under,about or from any of the Collateral. (2) Borrower has no knowledge of,or reason to believe that there has been (a) any breach or violation of any Environmental Laws; (b) any use,generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or from the Collateral by any prior owners or occupants of any of the Collateral;or (c) any actual or threatened litigation or claims of any kind by any person relating to such matters. (3) Neither Borrower nor any tenant,contractor,agent or other authorized user of any of the Collateral shat use, generate, manufacture, store, treat, dispose of or release any Hazardous Substance on, under, about or from any of the Collateral; and any such activity shall be conducted in compliance with all applicable federal, state, and local laws, regulations, and ordinances,including without limitation all Environmental Laws. Borrower authorizes Lender and its agents to enter upon the Collateral to make such inspections and tests as Lender may deem appropriate to determine compliance of the Collateral with this section of the Agreement. Any mspectiorn or tests made by Lender shall be at Borrower's expense and for Lender's purposes only and shat not be construed to create any responsibility or liability on the part of Lender to Borrower or to any other person. The representations and warranties contained herein are based on Borrower's due diligence in investigating the Collateral for hazardous waste and Hazardous Substances. Borrower hereby (1) releases and waives any future claims against Lender for Indemnity or contribution in the event BUSINESS LOAN AGREEMENT Loan No: 10009924811 (Continued) Page 2 Borrower becomes liable for cleanup or other costs under any such laws,and (2) agrees to indemnify,defend,and hold harmless Lender against any and all claims,losses,liabilities,damages,penalties,and expenses which Lender may directly or indirectly sustain or suffer resulting from a breach of this section of the Agreement or as a consequence of any use,generation, manufacture, storage,disposal, release or threatened release of a hazardous waste or substance on the Collateral. The provisions of this section of the Agreement, including the obligation to indemnify and defend, shall survive the payment of the Indebtedness and the termination, expiration or satisfaction of this Agreement and shad not be affected by Lenders acquisition of any interest in any of the Collateral, whether by foreclosure or otherwise. Litigation and Claims. No litigation,claim, investigation,administrative proceeding or similar action(including those for unpaid taxes) against Borrower is pending or threatened,and no other event has occurred which may materially adversely affect Borrowers financial condition or properties,other than litigation,claims,or other events,if any,that have been disclosed to and acknowledged by Lender in writing. Taxes. To the best of Borrowers knowledge,all of Borrowers lax returns and reports that are or were required to be filed,have been filed,and all taxes,assessments and other governmental charges have been paid in full,except those presently being or to be contested by Borrower in good faith in the ordinary course of business and for which adequate reserves have been provided. Lien Priority. Unless otherwise previously disclosed to Lender in writing. Borrower has not entered Into or granted any Security Agreements,or permitted the filing or attachment of any Security Interests on or affecting any of the Collateral directly or indirectly securing repayment of Borrowers Loan and Note,that would be prior or that may in any way be superior to Lenders Security Interests and rights in and to such Collateral. Binding Effect This Agreement,the Note, all Security Agreements (if any), and ad Related Documents are binding upon the signers thereof,as well as upon their successors,representatives and assigns,and are legally enforceable in accordance with their respective terms. AFFIRMATIVE COVENANTS. Borrower covenants and agrees with Lender that,so tong as this Agreement remains in effect,Borrower will: Notices of Claims and Litigaii Promptly inform Lender in writing of (1) all material adverse changes in Borrowers financial condition, and (2) all existing and all threatened litigation,claims,Investigations,administrative proceedings or similar actions affecting Borrower or any Guarantor which could materially affect the financial condition of Borrower or the financial condition of any Guarantor. Financial Records. Maintain its books and records in accordance with GAAP,applied on a consistent basis,and permit Lender to examine and audit Borrowers books and records at all reasonable times. Financial Statements. Furnish Lender with the following: Additional Requirements. Annual Tax Return within 120 days of year end. All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP,applied an a consistent basis,and certified by Borrower as being true and correct. Additional Information. Famish such additional information and statements,as Lender may request from time to time. Insurance. Maintain fire and other risk insurance,public liability insurance,and such other insurance as Lender may require with respect to Borrowers properties and operations,in form,amounts,coverages and with Insurance companies acceptable to Lender, Borrower,upon request of Lender,will deliver to Lender from time to time the policies or certificates of Insurance in form satisfactory to Lender,including stipulations that coverages will not be cancelled or diminished without at least fifteen(15)days prior written notice to lender. Each insurance policy also shalt include an endorsement providing that coverage in favor of Lender will not be impaired in any way by any act, omission or de fault of Borrower or any other person. In connection with all poik'ies covering assets in which Lender holds or is offered a security interest for the Loans,Borrower will provide Lender with such lenders loss payable or other endorsements as Lender may require. Insurance Reports. Furnish to Lender,upon request of Lender,reports on each existing Insurance policy showing such information as Lender may reasonably request,including without limitation the following: (1) the name of the insurer, (2) the risks Insured; (3) the amount of the policy: (4) the properties insured; (5) the then current property values on the basis of which insurance has been obtained, and the manner of determining those values;and (g) the expiration date of the policy. in addition,upon request of Lender(however not more often than annually),Borrower will have an independent appraiser satisfactory to Lender determine,as applicable,the actual cash value or replacement cost of any Collateral. The cost of such appraisal shelf be paid by Borrower. Guaranties. Prior to disbursement of any Loan proceeds,furnish executed guaranties of the Loans in favor or Lender,executed by the guarantors named below,on Lenders forms,and in the amounts and under the conditions set forth in those guaranties, Names_of Guarantors Amounts Nava K.Nawaz Unlimited Malik M.Nawaz Unlimited Other Agreements. Comply with all terms aril conditions of all other agreements,whether now or hereafter existing,between Borrower and any other party and notify Lender irnmediately in writing of any default in connection with any other such agreements. Loan Proceeds. Use all Loan proceeds solely for the following specific purposes., Short Term Working Capital. Taxes,Charges and Uens. Pay and discharge when due all of its indebtedness and obligations,including without limitation all assessments. taxes,governmental charges,levies and Rene,of every kind and nature,imposed upon Borrower or its properties,income,or profits,prior to the date on which penalties would attach,and ad lawful claims that,if unpaid,might become a lien or charge upon any of Borrower's properties,income,or profits. Provided however,Borrower will not be required to pay and discharge any such assessment,tax,charge, levy,lien or claim so long as (1) the legality of the same shall be contested in goad faith by appropriate proceedings,and (2) Borrower shalt have established on Borrowers books adequate reserves with respect to such contested assessment,tax,charge.levy,lien,or claim in accordance with GAAP. Performance. Perform and comply.in a basely manner,with all terms,conditions,and provisions set forth in this Agreement,in the Related Documents,and in all other instruments and agreements between Borrower and Lender. Borrower shalt notify Lender immediately in writing of any default in connection with any agreement, Operations. Maintain executive and management personnel with substantially the some qualifications and experience as the present executive and management personnel;provide written notice to Lender of any change in executive and management personnel;conduct its business affairs in a reasonable and prudent manner. Environmental Studies. Promptly conduct and complete,at Borrowers expense,all such investigations,studies,samplings and testings as may be requested by Lender or any governments)authority relative to any substance,or any waste or by-product of any substance defined as toxic or a hazardous substance under applicable federal, state,or local law,rule, regulation,order or directive, at or affecting any property or any facility owned,leased or used by Borrower. Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrowers properties,businesses and operations,and to the use or occupancy of the Collateral,including without limitation,this Americans With Disabilities Act. Borrower may contest in good faith any such law,ordinance, or regulation and withhold compliance during any proceeding.Including appropriate appeals,so tong as Borrower has notified Lender in writing prior to doing so and so long as,in lenders sole opinion,Lenders Interests in the Collateral are not Jeopardized. Lender may require Borrower to post adequate security or a surety bond,reasonably satisfactory to Lender,to protect Lenders interest. inspection. Permit employees or agents of Lender at any reasonable time to inspect any and all Collateral for the Loan or Loans and Borrowers other properties and to examine or audit Borrowers books,accounts,and records and to make copies and memoranda of Borrower's books, accounts,and records. If Borrower now or at any time hereafter maintains any records(including without limitation computer generated records and computer software programs for the generation of such records)in the possession of a third party, Borrower,upon request of Lender,shad notify such party to permit Lender free access to such records at all reasonable times and to provide Lender with copies of any records it may request,all at Borrowers expense. Compliance Certificates. Unless waived in writing by Lender,provide Lender at least annually,with a certificate executed by Borrower's chief financial officer,or other officer or person acceptable to Lender,certifying that the representations and warranties set forth in this Agreement are true and correct as of the date of the certificate and further certifying that as of the date of the certficate,ro Event of Default exists under this Agreement. Environmental Compliance and Reports. Borrower shall comply in all respects with any and all Environmental Laws;not cause or permit to oxist,as a result of an intentional or unintentional action or omission on Borrowers part or on the part of any third party,on property awned nrdlor occupied by Borrower,any environmental activity where damage may result to the environment,uniess tiuch>nvironmertat BUSINESS LOAN AGREEMENT Loan Flo: 10009924811 (Continued) Page 3 activity is pursuant to and in compliance with the conditions of a permit issued by the appropriate federal,stale or local governmental authorities;shall furnish to Lender promptly and in any event within thirty(30)days after receipt thereof a copy of any notice,summons. lien, citation, directive, letter or other communication from any governmental agency or instrumentality concerning any intentional or unintentional action or omission on Borrowers part in connection with any environmental activity whether or not there is damage to the environment and/or other natural resources. Additional Assurances, Make,execute and deliver to lender such promissory notes, mortgages,deeds of trust, security agreements, assignments,financing statements,instruments,documents and other agreements as Lender or its attorneys may reasonably request to evidence and secure the Loans and to perfect all Security Interests. LENDER'S EXPENDITURES. If any action or proceeding is commenced that would materially affect lenders interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or arty Related Documents,including but not limited to Borrower's failure to discharge or pay when due any amounts Harrower is required to discharge or pay under this Agreement or any Related Documents,Lender on Borrower's behalf may(tut shall not be obligated to)take any action that Lender deems appropriate,including but not limited to discharging or paying all taxes,liens,security interests,encumbrances and other claims,at any time levied or placed on any Collateral and paying all costs for insuring,maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Borrower. All such expenses will become a part of the Indebtedness and,at Lender's option,will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy, or (2) the remaining term of the Note;or (C) be treated as a balloon payment which will be due and payable at the Note's maturity. NEGATIVE COVENANTS. Borrower covenants and agrees with Lender that while this Agreement is in effect.Borrower shall not,without the prior written consent of Lender. Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business and indebtedness to Lender contemplated by this Agreement,create,incur or assume indebtedness for borrowed money,including capital teases, (2) sell,transfer,mortgage,assign, pledge,lease,grant a security interest in,or encumber any of Borrowers assets(except as allowed as Permitted Liens),or (3) $elf with recourse any of Borrower's accounts,except to Lender. Continuity of Operations. (1) Engage in any business activities substantially different than those in which Borrower Is presently engaged, (2) cease operations,liquidate,merge,transfer,acquire or consolidate with any other entity,change its name,dissolve or transfer or sell Collateral out of the ordinary course of mess,or (3) pay any dividends on Borrowers stock(other than dividends payable in its stock), provided,however that notwithstanding the foregoing,but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends,if Borrower is a'Subchapter S Corporation'(as defined In the Internal Revenue Cade of 1988,as amended). Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated Income tax payments to sell*their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrowers stock,of purchase or retire any of Borrowers outstanding shares or attar or amend Borrowers capital structure. Loans,Acquisitions and Guaranties. (i) Loan, invest in or advance money or assets to any other person,enterprise or entity, (2) purchase,create at acquire any interest in any other enterprise or entity,or (3) incur any obligation as surety or guarantor other than in the ordinary course of business. Agreements. Enter into any agreement containing any provisions which would be violated or breached by the performance of Borrowers obligations under this Agreement or In connection herewith. CESSATION OF ADVANCES. if Lender has made any commitment to make any Loan to Borrower,whether under this Agreement or under any other agreement,Lender shalt have no obligation to make Loan Advances or to disburse Loan proceeds if: (A) Borrower or any Guarantor is in default under the terns of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (B) Borrower or any Guarantor dies,becomes incompetent or becomes insolvent,Mee a petition in bankruptcy or similar proceedings, or is adjudged a bankrupt; (C) there occurs a material adverse change in Borrower's financial condition,In the financial condition of any Guarantor,or in the value of any Collateral securing any Loan;or (D) any Guarantor seeks,claims or otherwise attempts to limit,modify or revoke such Guarantors guaranty of the Loan or any other loan with Lender,or (E) Lender in good faith deems itself insecure,even though no Event of Default shall have occurred. RIGHT OF SETOFF. To the extent permitted by applicable law,Lender reserves a right of setoff in ail Borrowers accounts with Lender(whether checking,savings,or some other account). This includes ail accounts Borrower holds jointly with someone else and all accounts Borrower may open in the future. However,this does not include any IRA or Keogh accounts,or any trust accounts for which setoff would be prohibited by law. Borrower authorizes Lender,to the extent permitted by applicable law,to charge or setoff all sums owing on the indebtedness against any and all such accounts,and,at Larders option,to administratively freeze all such accounts to allow Lender to protect Lenders charge and setoff rights provided in this.paragraph. DEFAULT. Each of the following shall constitute an Event of Default under this Agreement, Payment Default Borrower fails to make any payment when due under the Loan. Other Defaults. Borrower fats to comply with or to perform any other term,obligation,covenant or condition contained in this Agreement or in any of the Related Documents or to comply with or to perform any term,obligation,covenant or condition contained in any other agreement between Lender and Borrower. Default in Favor of Third Parties. Borrower or any Grantor defaults under any loan,extension of credit.security agreement,purchase or sales agreement,or arty other agreement,in favor of any other creditor or person that may materially affect any of Borrowers or any Grantors property or Borrowers or any Granters ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents. False Statements, Any warranty,representation or statement made or furnished to Lender by Borrower or on Borrowers behalf under this Agreement or the Related Documents Is false or misleading in any material rasped,either now or at the time made or furnished or becomes false or misleading at arty time thereafter. Insolvency. The dissolution or termination of Borrowers existence as a going business,the insolvency of Borrower,the appointment of a receiver for any part of Borrowers property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or Insolvency laws by or against Borrower. Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full torte and effect(including failure of any collateral document to create a valid and perfected security interest or lien)at any time and for any reason. Creditor or Forfeiture Proceeillings. Commencement of foreclosure or forfeiture proceedings,whether by judicial proceeding, self-help, repossession or any other method,,by any creditor of Borrower or by any governmental agency against any collateral securing the loan. This includes a gamishmai of any of Borrowers accounts,including deposit accounts,with Lender. However,this Event of Default shall not apply if there is a good faith dispute by Borrower as to the validity or reasonableness of the claim which Is the basis of the creditor or forfeiture proceeding and if Borrower gives Lender written notice of the creditor or forfeiture proceeding and deposits with Lender monies or a surety bond for the creditor or forfeiture proceeding,in an amount determined by Lender,in its sole discretion,as being an adequate reserve or bond for the dispute. Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the indebtedness or any Guarantor dies or becomes incompetent,or revokes or disputes the validity of,or liability under,any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent(25%)or more of the common stock of Borrower. Adverse Change. A material adverse change occurs in Borrowers financial condition,or Lender believes the prospect of payment or performance of the Loan is impaired. Insecurity. Lender in good faith believes itself insecure. Right to Cure. If any default•other than a default on Indebtedness,is curable and if Borrower or Grantor,as the case may be,has not been given a notice of a similar default within the preceding twelve(12)months,it may be cured if Borrower or Grantor,as the case may ba, after Lender sends written notice to Borrower or Grantor,as the case may be,demanding cure of such default: (1) cure the default within fifteen(15)days;or (2) if the cure requires more than fifteen(15)days,immediately initiate steps which Lender deems in Lenders sole discretion to be Sufficient to cure the default and thereafter continue and complete all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical. EFFECT OF AN EVENT OF DEFAULT. If any Event of Default shall occur,except where otherwise provided in this Agreement or the Related Docurreents,all commitments and obligations of Lender under this Agreement or the Related Documents or any other agreement immediately will terminate(including any obligation to make further Loan Advances or disbursements),and,at Lenders option,all indebtedness immediately will BUSINESS LOAN AGREEMENT Loan No: 10009924811 (Continued) Page 4 become due and payable,all without notice of any kind to Borrower,except that in the case of an Event of Default of the type described in the insolvency'subsection above,such acceleration shall be automatic and not optional. in addition,Lender shag have all the rights and remedies provided in the Related Documents or available at law,in equity,or otherwise. Except as may be prohibited by applicable law,all of Lender's rights and remedies shag be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shalt not exclude pursuit of any other remedy,and an election to make expenditures or to take action to perform an obligation of Borrower or of any Grantor shag not affect tenders right to declare a default and to exercise its rights and remedies. SHARING OF ACCOUNT INFORMATION.The Lender and the companies in the Susquehanna Bancshares, Inc. family offer a fug range of valuable financial services. We can better serve your needs by sharing your account information within our corporate family, The Borrower authorizes the Lender and the companies that comprise the Susquehanna Bancshares,Inc.corporate family to disclose to any of Susquehanna Bancshares,Inc.existing or future subsidiaries,affiliates,and assigns,and to any potential assignee or transferee,any information(including information received from third persons)in or relating to(1)the Borrower,(ii)this ban,(ill)any other loans you have previously obtained or may from time to time obtain from us or any of the Susquehanna Bancshares,Inc.family of companies in the future,and(iv)any other accounts of any type or nature and other relationships the Borrower has previously established or may from time to time establish with any of the Susquehanna Bancshares,Inc.family of companies in the future. AUTOMATIC PAYMENT.It is a condition of this loan that all payments due shag be automatically deducted from a deposit account held with Lender for the entire term of this ban. WSC£LLANEOUS PROVISIONS.. The following miscellaneous provisions are a part of this Agreement Amendments. This Agreement,together with any Related Documents,conshtulas the entire understanding and agreement of the parties as to the matters set forth in this Agreement. No alteration of or amendment to this Agreement shall be effective unless given in writing and signed by the party or parties sought to be charged or bound by the alteration or amendment. Attorneys'Feea;Expenses. Borrower agrees to pay upon demand all of Lender's casts and expenses, including Lender's reasonable attorneys'fees and Lender's legal expenses,incurred in connection with the enforcement of this Agreement. Lender may hire or pay someone else to help enforce this Agreement,and Borrower shall pay the costs and expenses of such enforcement Costs and expenses include Larder's reasonable attameys'feels and legal expenses whether or not there is a lawsuit,Including reasonable attorneys'fees and regal expenses for bankruptcy proceedings(including efforts to modify or vacate any automatic stay or injunction), appeals, and any anticipated past-judgment collection services. Borrower also shag pay all court costs and such additional fees as may be directed by the court. Caption Headings. Caption headings in this Agreement are for convenience purposes only and are not to be used to interpret or define the provisions of this Agreement. Consent to Loan Participation, Borrower agrees and consents to Lender's sale or transfer, whether now or later, of one or more participation interests in the Lotus to am or more purchasers,whether related or unrelated to Lender. Lender may provide,without any limitation whatsoever,to any one or mhos purchasers,or potential purchasers, any information or knowledge Lender may have about Borrower or about any other matter relating to the Loan,and Borrower hereby waives any tights to privacy Borrower may have with respect to such matters, Borrower additionally waives any and all notice*of sale of participation interests,as well as all notices of any repurchase of such participation Interests. Safflower also agrees that the purchasers of any such participation interests will be considered as the absolute owners of such interests In the Loan and will have all the rights granted under the participation agreement or agreements governing the sale of such participation interests. Borrower further waives all rights of offset or counterclaim that it may have now or later against Lender or against any purchaser of such a participation interest and unconditionally agrees that either Lender or such purchaser may enforce Borrower's obligation under that Loan irrespective of the failure or insolvency of any holder of any interest in the Loan. Borrower further agrees that the purchaser of any such participation Interests may enforce its interests irrespective of any personal claims at defenses that Borrower may have against Lender. Governing Law. This Agreement will be govemad by federal taw applicable to Lender and to the extent not preempted by federal law,the laws of the Commonwealth at Pennsylvania without ragard to its conflicts of law provisions. This Agreement has been accepted by Lender In the Commonwealth of Pennsyivanls. Choice of Venue. if there is a lawsuit.Borrower agrees upon tender's request to submit to the jurisdiction of the courts of Montgomery County,Commonwealth of Pennsylvania. No Waiver by Lender. Lender shall not be deemed to have waived any rights under this Agreement unless such waiver is given in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a waiver of such right or any other right. A waiver by Lender of a provision of this Agreement shall not prejudice or constitute a waiver of Lender's right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by Lender,nor any course of dealing between Lender and Borrower,or between Lender and any Grantor,shall constitute a waiver of any of Lender's rights or of any of Borrower's or any Grantor's obligations as to any future transactions. Whenever the consent of Lender is required under this Agreement, the granting of such consent by Lender 0 any instance shall not constitute continuing consent to subsequent instances where such consent is required and in ail cases such consent may be granted or withheld in the sale discretion of Lender, Notices. Unless otherwise provided by applicable law,any notice required to be given under this Agreement shag be given in writing,and shall be effective when actually delivered,when actually received by telefacsimile(unless otherwise required by law),when deposited with a nationally recognized overnight courier,or,if mailed,when deposited in the United States mail,as first class,certified or registered mail postage prepaid,directed to the addresses shown near the beginning of this Agreement. Any party may change its address for notices under this Agreement by giving formal written notice to the other parties,specifying that the purpose of the notice is to change the parry's address. For notice purposes, Borrower agrees to keep Lender informed at all times of Borrower's current address. Unless otherwise provided by applicable law,if there is more than one Borrower,any notice given by Lender to any Borrower is deemed to be notice given to all Borrowers. Severability. If a court of competent jurisdiction rinds any provision of this Agreement to be illegal,invalid,or unenforceable as to any circumstance,that finding shall not make me offending provision illegal,invalid,or unenforceable as to any other circumstance. If feasible, the offending provision shall be considered modified so that it becomes legal,valid and enforceable. if the offending provision cannot be so modified,it shall be considered deleted from this Agreement. Unless otherwise required try taw,the illegality,invalidity,or unenfomeability of any provision or this Agreement she*not affect the legality,validity or enforceability of any other provision of this Agreement. Subsidiaries and Affiliates of Borrower. To the extent the context of arty provisions of this Agreement makes it appropriate,including without limitation any representation,warranty or covenant,the word"Borrower'as used in this Agreement shall include all of Borrower's subsidiaries and affiliates. Notwithstanding the foregoing however,under no circumstances shall this Agreement be construed to require Lender to make any Loan or other financial accommodation to any of Borrowers subsidiaries or affiliates. Successors and Assigns. All covenards and agreements by or on behalf of Borrower contained in this Agreement or any Related Documents shall bind Borrower's successors and assigns and shall inure to the benefit of Lender and its successors and assigns. Borrower shall not, however, have the light to assign Sonowees rights under this Agreement or any interest therein,without the prior written consent of Lender. Survival of Representations and Warranties. Borrower understands and agrees that in extending Loan Advances,Lender is relying on all representations,warranties,and covesnams made by Borrower in this Agreement or In any certificate or other instrument delivered by Borrower to Lender under this Agreement or the Related Documents. Borrower further agrees that regardless of any investigation made by Lender, all such representations,warranties and covenants will survive the extension of Loan Advances and delivery to Lender of the Related Documents,shag be continuing in nature,shall be deemed made and radiated by Borrower at the time each Loan Advance is made. anri eh�ii rnm�•n,n/i,ii rn.�n+..w..R.,,r...•.i_..-�.._. --..._.. .. .. BUSINESS LOAN AGREEMENT Loan No: 100099248111 (Continued) Page 5 Agreement The word"Agreement"means this Business Loan Agreement,as this Business Loan Agreement may be amended or modified from time to time,together with all exhibits and schedules attached to this Business Loan Agreement from time to time, Borrower. The word'Borrower'means Peril Diagnostics,Inc. and includes all co-signers and co-makers signing the Note and all their successors and assigns. Collateral. The word'Collateral'means all property and assets granted as collateral security for a Loan,whether real or personal property, whether granted directly or indirectly,whether granted now or in the future,and whether granted in the form of a security interest, mortgage,collateral mortgage,deed of trust,assignment,pledge,crop pledge,chattel mortgage,collateral chattel mortgage,chattel trust, factor's lien,equipment trust,conditional sale,trust receipt,ken,charge,lien or title retention contract,lease or consignment intended as a security device,or any other security or lien interest whatsoever,whether created by law,contract,or otherwise. Environmental Laws. The words'Environmental Laws'mean any and all state, federal and local statutes, regulations and ordinances relating to the protection of human health or the environment,including without limitation the Comprehensive Environmental Response, Compensation,and Liability Act of 1980,as amended,42 U.S.C.Section 9601,at seq.('CERCLA"), the Superfund Amendments and Reauthorization Act of 1986,Pub.L.No.99-499("SARA"),the Hazardous Materials Transportation Act,49 U.S.C.Section 1801,at seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, at seq., or other applicable state or federal laws, rules, or regulations adopted pursuant thereto. Event of Default The words'Event of Default'mean any of the events of default set forth in this Agreement in the default section of this Agreement. GAAP. The word"GAAP'means generally accepted accounting principles. Grantor. The word"Grantor"means each and a0 of the parsons or entities granting a Security Interest in any Collateral for the Loan, including without limitation as Borrowers granting such a Security Interest. Guarantor. The word'Guarantoe means any guarantor,surety,or accommodation party of any or all of the Loan. Guaranty. The word"Guaranty'means the guaranty from Guarantor to Lender,Including without limitation a guaranty of all or part of the Note. Hazardous Substances. The words"Hazardous Substances'mean materials that,because of their quantity,concentration or physical, chemical or infectious characteristics, may cause or pose a present or potential hazard to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured, transported or otherwise, handled. The words'Hazardous Substances"are used In their very broadest sense and include without limitation any and all hazardous or toxic substances,materials or waste as defined by or listed under the Environmental Laws. The term`Hazardous Substances"also Includes,without limitation,petroleum and petroleum by-products or any fraction thereat and asbestos. Indebtedness. The word'Indebtedness'means the indebtedness evidenced by the Note or Related Documents,including all principal and interest together with all other indebtedness and costs and expenses for which Borrower Is responsible under this Agreement or under any of the Related Documents. Lender. The word'Lender"means Susquehanna Bank,its successors and assigns. Loan, The word"Loan"means any and all loans and financial accommodations from Lender to Borrower whether now or hereafter existing,and however evidenced,including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time. Note. The word"Note"means the Note executed by Peril Diagnostics,Inc.in the principal amount of$250,000.00 dated October 27, 2011,together with all renewals of,extensions of,modifications of,refinancings of,consolidations of, and substitutions for the note or credit agreement Permitted Liens, The words"Permitted Liens'mean (1) liens and security interests securing Indebtedness owed by Borrower to Lender; (2) liens for taxes, assessments, or similar charges either not yet due or being contested in good faith; (3) liens of materialmen, mechanics,warehousemen,or carriers,or other like liens arising in the ordinary course of business and securing obligations which are not yet delinquent; (4) purchase money liens or purchase money security interests upon or in any property acquired or held by Borrower in the ordinary course of business to secure indebtedness outstanding on the date of this Agreement or permitted to be Incurred under the paragraph of this Agreement titled"Indebtedness and Liens% (5) liens and security interests which,as of the date of this Agreement, have been disclosed to and approved by the Lender in writing;and (6) those liens and security interests which in the aggregate constitute an immaterial and insignificant monetary amount with respect to the net value of Borrower's assets. Related Documents. The words"Related Documents'mean all promissory notes, credit agreements, loan agreements, environmental agreements,guaranties,security agreements,mortgages,deeds of trust,security deeds,collateral mortgages,and all other instruments, agreements and documents,whether now or hereafter existing,executed in connection with the Loan. Security Agreement The words "Security Agreement' mean and include without limitation any agreements, promises, covenants, arrangements,understandings or other agreements,whether created by taw,contract,or otherwise,evidencing,governing,representing,or creating a Security Interest Security interest. The words"Security Interest'mean,without limitation,any and all types of collateral security,present and future, whether in the form of a lien,charge,encumbrance, mortgage,deed of trust security deed,assignment,pledge,crop pledge,chattel mortgage, collateral chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sate, trust receipt,lien or title retention contract,lease or consignment intended as a security device,or any other security or lien Interest whatsoever whether created by law, contract,or otherwise. BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS BUSINESS LOAN AGREEMENT AND BORROWER AGREES TO ITS TERMS. THIS BUSINESS LOAN AGREEMENT 1S DATED OCTOBER 27,2011. THIS AGREEMENT t3 GIVEN UNDER SEAL AND IT IS INTENDED THAT THIS AGREEMENT IS AND SHALL CONSTITUTE AND HAVE THE EFFECT OF A SEALED INSTRUMENT ACCORDING TO LAW. BORROWER: PERLL DIAGNOSTICS,INC. By: (Seal) By: (Seat) Nava K. Nawaz, Presldon reasurer of Peril Malik M.Nawaz,Secretary of Peril Diagnostics,Inc. Diagnostics,Inc. LENDER: SUSQUEHANNA BANK By: (Seal) Authorized Signer coo Exhibit Loan No. 49234950-05 Approved Line of Credit 10/27/2011 $250,000.00 Loan Balance as of 12/27/2011 $148.497.00 Payments Made 11/28/2011 $349.46 12/27/2011 $862.32 1/27/2012 $1213.98 2/27/2012 $1319.82 3/27/2012 $1208.32 4/27/2012 $1291.65 5/29/2012 $1249.98 Appraised the bank via email of pre-payment of 6/27/2012 $1291.66 loan by sale of property in Danville,PA 7/27/2012 $1249.98 9/05/2012 $1291.65 10/01/2012 $1291.65 Received notice for full balance payment dated 11/26/2012 $1249.99 11/26/2012 1/07/2013 $1249.99 Received notice on March 12,2013 3/27/2013 Currently under judgment „ u' queh j'1'a Feting what counts. .Homeroage Online Banking Lapin EFT Disclosure Reconcilement Form Online Security Contact Us Date 1/31/13 Page 3 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) DEPOSITS AND CREnITS Confirmation number 129132184 WITHDRAWALS AN[.) DEBITS ., /a� fi n �;=6o . =”r�E . ^"e.,i 1/02 01/02/13 BUFFALO WILD WINGS 04 50.88- MECHANICSBURGPA Card# 5128 1/aZ' SItSi� �r4 �hFM fr 7z23p x21' `PPII 1/02 MERCHANT BNKCD DISCOUNT 5,87 000200278y CCD 1031309123 133164541996 1/03 01/03/13 SUNOCO 63,63906 Ok. - -"22.66'° HERSHEY PA Card `'.5128 1/03 MERCHANT BNKCD INTERCHNG 4.38- 000100208 CCD 1031309123 133164541996 1/03 MERCHANT, BNKCD,: FEE1 14 OY; ,rr 00,05� t?89 ..`:.. CCD "103136912 : 1331fi454I996`,.' 1/03 MERCHANT BNKCD FEE 19.95- 000505688 CCD 1031309123 133164540998 /07 Trans ez to Loan 1,249,99- 090702792 Acct No. 10009924812 Confirmatioin un'umb�r--.-1.0.7137677. 1/07 Paid Overdraft Item Fee 40.00 091906343 1/07 al/07/13 DOC**DOCS'TL7C.0014 888-4123627 CA, Card#:'5128 1/07 Paid Overdraft Item Fee 40.00 061344727 1/07 61/06/1,3 WEGMANS 6�Ifi C�RLISI.E MEF' yy � N C 1/07 Paid Overdraft Item Fee 40.00- 061303301 1/07 0 I/0s/I3 WdlM�rt r$a ;sn�# .,:, a " MECHANIC' Card# 1/07 Paid overdraft Item Fee 40.00- 061306591 1/07, 01/07/13 S016CO,0363962805 3fi G3 MECHANICSBUR PA CardO: 5128 1/07 Paid Overdraft Item Fee 40.00 071347576 I/aT BILL, ME LATER". " CON �,�DRS `_54;Q0-� °176011187. PPD 1770406822 1/07 Paid Overdraft Item Fee 40.00- . 176011187 1/07 Paid Overdraft Item Fee `' 40.00 060142320 Susquehanna doing what counts. Homepaoe Online Banking Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 11/30/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS AND DEBITS. 11/19 11/19/12 CVS 01639 01639--105 6.00`= MECHANICSBURGPA Card# 5128 11/19 11/19/12 CVS 01639 01639--105 9.00- MECHANICSBURGPA Card# 5128 11/19 11/18/12 WEGMANS 6416 CARLISLE :` 11.62= MECHANICBURG PA Card# 5128 11/19 11/18/12 TARGET T2202 TARGET T 22.99- MECHANICSBURGPA Card# 5128 11/19 11/18/12 DUNKIN #306751 Q3 27.61- MECHANICSBURGPA Card# 5128 11/19 11/18/12 WAL-MART 41886 41.12- MECHANICSBUR PA Card# 5128 11/20 11/20/12 CV MART 37.53 NEW KINGSTOWNPA Card# 5128 11/20 11/19/12 POLYMEDCO 254.44- 9147395400 NY Card# 5128 11/21 Checking or MMDA Withdrawal 300:00 003771570 11/21 11/20/12 BOMBAY BAZZAR 27.61- MECHANICSBURGPA Card# 5128 11/23 11/22/12 MTBC 500.00 SOMERSET NJ Card# 5128 1/26 r o Loan 1,249.99- 090702193 ACCt No. 1000992481 MINALWATCHDOG.COM 12.95- 800-515-8498 MA Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 231208222 11/26 11/24/12 CRIMINALWATCHDOG.COM 12.95- 800-515-8498 MA-Card# 5128 ' 11/26 Paid Overdraft Item Fee 40.00- 231208223 11/26 11/26/12 SHEETZ 0000461 28.99 DUNCANNON PA Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 241214449 11/26 11/27/12 ADT*SECURITY SERVICES 87.42 800-238-2455 FL Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 261225333 11/26 Paid Overdraft Item Fee 40.00 000219910 11/28 11/28/12 INK SPOT PRINTING 261.82- 570-7437979 PA Card# 5128 11/28 AFLAC INSURANCE 272.30- 251144104 CCD 2580663085 E4H12336950 11/28 AFLAC INSURANCE 272.30- 251144105 CCD 2580663085 E4H12708214 11/29 11/29/12 USPS 4152480055/702 E 13.90- MECHANICSBURGPA Card# 5126 Susquehann4a Doug what counts. .Homepage Online Banking Login EFT Disctosure Reconcilement Form Online Securihr Contact Us Date 10/31/12 Page 3 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC CIO GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) DEPOSITS AND CREDITS 10/24 AETNA LIFE INS HMOPYMTI 15.49 067751618 CCD 1066033492 XXXXX7573 10/24 Trsf from Payroll Account 1,000.00 091906961 Confirmation number 1024122634 10/25 AETNA LIFE INS HMOPYMTI 221.29 . 000130208 CCD 1066033492 XXXXX7573 10/26 Deposit 4,327,05 004875300 10/29 Sweep from DDA 5.00 099502380 Acct No. 10009026468-D 10/30 Reverse OD Item Charge 40.00 050414790 10/30 Reverse OD Item Charge 40.00 050483730 10/30 Reverse OD Item Charge 40.00 050411626 10/30 AETNA LIFE INS HMOPYMTI 94.70 000199886 CCD 1066033492 XXXXX7573 10/30 10009924811 Perll Diagnostics 1,249.99 161400030 pymt reversal due to NSF WITHDRAWALS 10f01 Transfer tL 1�Z51.65`- -0907047to-- Lo- an Aect Ni3: 1000992481 10/Ol E A BNK B PAYFEE 4.95- 547743638 PFD 1230570293 10/02 10/03/12 POSTAL CONNECTIONS #2 44.53- MECHANICSBURGPA Card# 5128 10/02 10/02/12 AEROTEK, INC. 203.10- 410-579-3796 MD Card# 5128 10/02 MERCHANT BNKCD DISCOUNT 11.15 000200280 CCD 1031309123 133164541996 10/02 GUIDANT FINANCIA GUIDANT FI 88.00- 915994490 PPD 8201196344 10/03 10/03/12 WEST SHORE CHAMBER 20,00- 717-7610702 PA Card# 5128 10/03 MERCHANT BNKCD FEE 12.78- 000605904 CCD 1031309123 133164541996 10/03 MERCHANT BNKCD FEE 19.95 000605903 CCD 1031309123 133164540998 10/03 MERCHANT BNKCD INTERCHNG 20.31- 000100226 CCD 1031309123 133164541996 10/04 Miscellaneous Debit 1,400.00- 005514580 10/04 10/04/12 PILOT #0517 37.85- DUNCANNON PA Card# 5128 'uehanna Doing what counts. -Homepage Online Banking Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 9/28/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) YJ11THDRAVIALS AND aq # I :.o � � B�Q�� � 6 �'��`�rt2��`. �`.�' �� "M,�4 , x 2�'.�+.tea � ;,{sr"�+ i� sr� �'.S ,X•x� »Y�P:, r 9/04 09/02/12 PPL ELECTRIC UTIL/BMC 604.95- 800-342-5775 PA Card# 5128 04— xw' 8110 342=57T�s P "a' s C" d51Z 9/04 MERCHANT BNKCD INTERCHNG 16- 000100238 CCD 1031309123 133164541996 9/04 SF$QUEfANN�k$N ` BILLPA,YFEE 4 9S ',sue__.. >4.956 `7�i7',. PPIT T12Frs02.93 x t a= c^ cn + 9/04 MERCHANT BNKCD FEE 7.47- 000607193 CCD 1031309123 133164541996 944 MBR BIQ S -�yyrs/ z^//"` :{Y'14Lf yEkI3}932:3fZ4V.TJO. 9/04 MERCHANT BNKCD DISCOUNT- 47.68 000202409 CCD 103130 a 123 123164541996_ 9/05 1'rang r tde Ac zasta92 . 9 05 C ec ing or MMUK Withdrawal 1,500.00 004575530 9/05 Paid Overdraft :Item Fee .. ''40 40=;>'" " Q045255 €} 9/05 GUIDANT FINANCIA GUIDANT FI 99.00- 587812426 PPD 8201196344 9105 Paid Overdra f t iteirt Fee 9/05 PP ELEC BILL 492.26- 439230467 CCD 1230959590 7642083026 9f45., Faic 4verd�� Zt� _ h �y 9//055 Paridr/Yove�rdraft Item.Fee 4}0.00 00039207}0 g p f,. Y6tM #� YS3. .f CCD"258f7663Q85 E4II96319 u r 3 R r�sc 9/07 Checking or MMDA Withdrawal 74.00- 004418360 '9/07' 0fEI7/1 ;- CAMP HILL" P'— "Card# 5128 v. y 9/07 09/07/12 Staples, Inca 30.07 CAMP HILL PA Card# 5128 9/10 <;__ .. 0 9/09'/ GIANT 62fi9' ;' 2.97- CAMF5"HILL P1 ;Card ,SI28 9/10 09/10/12 SHOWMELOCAL INC 4,99_ 347-652-1007 NY Card# 5128 9/10 09/09/1"2 GIADIT`; 6269 �s k 12 79'�m. CAM F"NILE, "PA-C 9/10 PAYPAL INST XFER 13.60- WEB 53KJ268JZQKC4 PAYPALSI66 9/10 GIFT & ASSOCIATEBILLING 355.00- 186272634 CCD 9232349002 Susquehanna Going what counts. -Nomeoaae Internet Banker Login EFT Disclosure Reconcilement Fonn Online Security Contact Us Date 7/31/12 Page 6 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAVVALS AND DEBITS _.. 3 7/24 01/25/12 THE'CORPORATEf CC�NNJ�CT SALEM MA Card# 5128 7/25 Transf to Payroll Account 1,200.00 091906119 Confirmation number 725120397 7/25 07/24/12 NEW CHINA KING 19'.65- GREENSBURG PA Card#'5128 7/26 07/26/12 SUNOCO 0374637701 1.54- NEWBURG PA Card# 5128 7/26 07/26/12 SUNOCO 0374637701 32.63- NEWBURG PA Card# 5128 7/26 BILLMATRIX BILLPAYFEE 3.50- 076978188 TEL 7529000011 7/26 FIS*VERIZON BILL."PAY: , '457.68 097027470 TEL 7529071,411 7/27 Transfer to Loan 1,249.98- 090705525 Acct No. 10009924811 7/27 Tr—ansf to Payro ccount 1,I00.00 91905225 confirmation'number, 727123888 7/27 Paid Overdraft Item Fee 40.00 091905225 7/27 VZ WIRELESS VE VZW WEBPAY. 302.68-1 621117092 WEB 8286366 000075.1800 7/27 Paid Overdraft Item Fee 40.00- 621117092 7/30 07/29/12 FIVE 'BELOW 113 5,30- CAMP HILL PA Card# "5128 7/30 07/30/12 COLES HARDWARE - DANV 21.18- 570-2750191 PA Card# 5128 7/30 07/29/12,Wal-Mart'.Supet ,C. 46.13- MECHANICSBURGPA ,Card# 5128 7/30 07/28/12 160 NINA DRIVE 60,00- SELINSGROVE PA Card# 5128 7/30 07/28/12 MERCEDES MEDICAL INC 220.60- 941-3553333 FL Card# 5128 7/31 Checking or MMDA Withdrawal 1,500.00- 002313690 7/31 07/30/12 SUNOCO 0363902805 43.82- MECHANICSBUR PA Card# 5128 SUMMARY BY CHECK NUMBER 7/19 1268 20.00 000143800 7/19 1274 20.00 000143790 7/09 1270* 400.00 000126850 -7/10 1276* 704.49 000195840 7/03 1272* 25.00 000295770 7/16 1277 250.00 000255230 7/13 1273 70.00 000189150 7/16 1278 100.00 000475410 * Indicates Skip in Check Numbers Susquehanna Doing what counts. -Nameaaae lntemet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 6/29/12 Page 6 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) DEBITS WIT HDRAWALS AND 6/19 06/19/12 Staples, Inc. 17.03- CAMP HILL PA Card#'5128 ' 6/21 06/20/12 GULF OIL 92046308 42.16- CARLISLE PA Card# 5128 6/22 Checking or MMDA Withdrawal 2,000.00- 004297590 6/25 PAYPAL INST XFER 40.94- 359890306 WEB 53KJ2523JWBP4 PAYPALSI66 6 6 Chemkinci hdraw' 27 Transfer to Loan 291.66- 090 00696 Ac�t 40. 10009924 6/28 06/29/12 DUNKIN #306751. ' 03 7.99- MECHANICSBURGPA'Card# 5128 6/29 AMEX EPayment ACH PMT 2,350.00- 299341644 WEB W8586 0005000008 SUMMARY • BY NUMBER 6/01 1257 50.00 0002889.90 6/20 1264 559.62 '000220740 6/04 1258 359.80 000463440 6/25 1265 276.39 000254460 6/01 1259 50.00-660Z88980, 6/27 1266 3,038.06 0005 45170 6/01 1260 200.00 000527970 6/26 1267 50.00 000228780 6/04 1261 587.15 000238650 6/26 1264* 400.00'000207480 6/21 1263* 50.00 000237550 6/26 1271* 400.00 000207470 * Indicates Skip in Check Numbers SUMMARY BALANCES ! 6/01 737.88 1,654:80'' 6/2i 3,700:`93 6/04 2,288.44 6/13 4,134.01 6/22 2,149.73 6/05 1,357.43 6/14':, 232.31, 6/25 1,907.50 6/06 1,484.87 6/15 282.78 6/26 3,127.66 6/07 1,577.60 6/18' 77.76 6/27 11:66 6108 644.00 6/19 1,947.60 6/28 2,083.98 6/11 2,044.04 6/20 2,689.35 6/29 704.95 ACCOUNT TITLE: PERLL DIAGNOSTICS INC Susquef�'anj Doing what counts. Homepage Internet Banker Loain EFT Disclosure Reconcilement Form Online Security Contact Us Date 5/31/12 Page 5 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS ! DEBITS 5/15 Per31`DiagnosticPA'YROLL . 8;652.12- 051021663 CCD 1274287573 26300228' 5/15 Paid Overdraft Item Fee 40.00- 000381810 5/16 05/16/12 GIANT 6269 18-,00- CAMP HILL PA Card# 5128 5/16 05/17/12 PHADIA 2,500.00- PORTAGE MI Card# 5128 5/16 BILL ME LATER CONS DRS 50.00- 022420959 PPD 1770406822 5/18 05/18/12 GIANT 6005 51.58- MECHANICSBURGPA Card# 5128 5/21 05/20/12 Wal-Mart Super C 62.24 MECHANICSBURGPA'Card# 5128 5/21 05/20/12 INK SPOT PRINTING 325.42 570-7437979 PA Card# 5128 5/21 05/21/12 NTB 598 334.14 MECHANICSBURGPA Card# 5128' 5/21 05/19/12 FSI*VERIZON+BMC$3.50 441.06- 800-345-6563 TX Card# 5128 5/22 PAYPAL INST XFER 40.94- 164927825 WEB 53KJ25W4XKR32 PAYPALS166 5/23 Checking or MMDA Withdrawal 12,537.90- 000658120 5/23 05/24/12 PHADIA 1,144:69 269-492-1949 MI Card# 5128 5/25 AMEX EPayment ACH PMT 1,200.00- 348354934 B 40994 0005000008 5Transfer, o oan Ct No. „. 5/29 05/27/12 201 ST. JOHNS CHURCH 40.00- CAMP HILL PA Card# 5128 5/29 05/26/12 TURKEY HILL #0266 Q6 54.31- HARRISBURG PA Card# 5128 5/29 05/27/12 201 ST. JOHNS CHURCH 200.00- CAMP HILL PA Card# 5128 5/29 VZ WIRELESS VE VZW WEBPAY 271.13- 032311217 WEB 3008788 0000751800 5/30 05/29/12 GULF OIL 92046308 32.19- CARLISLE PA Card# 5128 5/31 05/31/12 PHADIA 695:25- 269-492-1949 MI Card# 5128 Susquehanna Doing what counts. Homegaae Internet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 4/30/12 Page 5 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS 4�'27 �an sfer �toLoan 1;211:65`' �49�655�7 t Na. 1000 9924 4 C REMIT 3,000.00- WEB 1204250625962660005000008 4/30 04/29/12 Staples Contract 71.69- MECHANICSBURGPA Card# 5128 4/30 Perll DiagnosticPAYROLL 8,084.84- 079769832 CCD 1274287573 26300228 SUMMARY BY CHECK NUMBER 4/02 1222 100.00 :006284360 4/26 1233 10.00-000311010 4/04 1223 33.60 000132790 4/17 1234 97.00 000453920 4/09 1224 3,734.96 000228390 4/25 2235 300.00 000126530 4/13 1225 9,764.54 000112140 4/25 1236 200.00 000157410 4/05 1227* 120.00 000890150 4/19 1237 100.00 .000739800 4/17 1228 500.00 000269090 4/23 1239* 1,293.49 000270160 4/12 1229 110.00 '001710050 4/27 1240, 460.50 000707540 4/20 1232* 332.00 000102450 4/30 1244* 224.00 000406620 * Indicates Skip in Check Numbers SUMMARY ,. 4/02 842.25 4/11 17,057.10 4/20 . 10,721.24 4/03 1,438.91 4/12 17,032.23 4/23 10,009.29 4/04 14,178.97 4/13 9,154.66 4/24 11,738.88 4/05 13,727.48 4/16 1,608.22 4/25 11,550.41 4/06 14,436.02 4/17 2,029.14 4/26 14,013.05 4/09 10,641.91 4/18 10,912.79 4/27 9,946.24 4/10 11,200.37 4/19 10,668.14 4/30 3,288.65 ACCOUNT TITLE. PERLL DIAGNOSTICS INC Now you have access to more than 260 Susquehanna AIMS for fee-free withdrawals. (Fees and surcharges may apply at non-Susquehanna ATMs. See Fee Schedule for details.) �I Susquehanna Doing what counts. HomeQage Internet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 3/30/12 Page 6 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS /26 03/24/12 USPS, 4152460055/702' MECHANICSBURGPR Card#'3513 3/26 03/25/12 Staples, Inc. 17.66- CAMP HILL PA Card# 3513 3/26 03/26/12 WEGMANS #45 19.99- MECHANICSSURGPA Card# 3513 3/26 03/25/12 MCDONALD'S F22804 21.99- MECHANICSBURGPA Card# 3513 3/26 03/24/12 WEGMANS 6416 CARLISLE 25.49- MECHANICBURG PA Card# 3513 - 3/26 03/26/12 PIZZA HUT #2308443011 35.25- MECHANICSBURGPA Card# 3513 3/26 03/25/12 SHEETZ 0000235 48.55 SELINSGROVE PA`Card# 3513 3/26 03/25/12 DICKS CLOTHING&SPORTI 94.73- HAMPDEN TOWNSPA Card# 3513 3/26 03/25/12 GOVERNMENTBIDS.COM` 129,00' 4 - 3/27 Transfer to Loan 1,208.32- 090701518 c 100099248 3/27 03 27 12 USPS 415 48 551702 E 32.35- MECHANICSBURGPA Card# 3513 3/27 03/27/12 USPS 4152480055/702 E 47.49- MECHANICSBURGPA Card# 3513 3/29 Perll DiagnosticPAYROLL'' 8,135.56- 109607421 CCD 1274287573: 26300228 3/30 ATM W/D 1654 03/30/12 00000633 120.00- 301212239 201 ST. JOHNS CHURCH RO CAMP HILL PA Card# 3513 3/30 Total Maintenance/Service Fee 20.00 3/05 1210 1,030.18 000259730 3/16 1216 100.00 000360550 3/01 1211 3,000.00 000135530 3/16 1217 1,000.00 000249630 3/01 1212 50.00 000154210 3/26 1218 2,952.69 000284890 3/01 1213 50.00 000154220 3/23 1219 120.00'000180430 3/01 1214 500.00 000140800 3/26 1220 478.36 000572120 3/07 1215 1,890.00 002193910 3/28 1221 6,076.12 000813880 Indicates skip in Check Numbers Susquehannta Doing what counts. Momepaye /ntemet Banker Lavin EFT Disclosure Reconcilement Form Online Security Contact Us Date 2/29/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS DEBITS 2/21 02/19/12 BOSCOVS 0000012 21.18 CAMP HILL PA Card# 3513 2/21 02/21/12 RITE AID CORP. 22.21- MECHANICSBURGPA Card# 3513 2/21 02/19/12 BEST BUY #1478'' - 89,02- MECHANICSBURGPA Card# 3513 2/22 02/22/12 WAL-MART #1886 24.97- MECHANICSBUR PA Card# 3513 2/23 PAYPAL INST XFER 40.9 -. 648393642, WEB 53KJ25MUESG6W PAYPALS166 2/23 BP-SAMS CLUB 63.09- 099903659 Conf # - 3651995.1.19 2/24 CHASE EPAY 250.00 010913474 WEB 1 44367 5760039224 2/27 rans er o oan 1,319.82- 090702247 Acct No 09924 I) 2/27 12'DUNKIN 3 75 Q3 10.57 MECHANICSBURGPA Card# 3513 2/27 02/26/12 THE HOME DEPOT 4120 49.37- MECHANICSBURGPA Card# 3513 2/27 02/27/12 NATIONAL VISION EYE4A 59.98- MECHANICSBURGPA Card#"-3513 2/27 02/25/12 WAL-MART #1886 114.04- MECHANICSBUR PA Card# 3513 2/27 02/25/12 MCSHANE METAL .PRODUCT 598.31 MCSHANEMETALPPA Card# 3513 2/27 AMERICAN EXPRESS ELEC REMIT 1,000.00- 946604556 WEB 1202250602983710005000008 2/29 Return Deposit Item Fee 15:00- 050100680 2/29 Return Deposit Item Chargeback 2,923.00- 050100679 2/29 02/29/12 RUTTER'S FARW STORE ## 47.59 SHIPPENSBURG PA Card# 3513 2/29 AMERICAN EXPRESS ELEC REMIT 500.00- 400652825 WEB 1202280614711810005000008 2/29 AMERICAN EXPRESS ELEC REMIT 1,000.00- 400650384 WEB 1202280614189400005000008 2/29 Perll DiagnosticPAYROLL 8,540.20- 121866179 CCD 1274287573 26300228 2/29 Total Maintenance/Service Fee 20.00- I s uehan a Doing what counts. Homeoage Internet Banker Login EFT disclosure Reconcilement Form Online Security Contact Us Date 1/31/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) VVITHDRAWAI 1/27 Transfer to Loan 1;213.98= 090705252 ACCt, 1000992 ' 1/27 01T2-6112 U973-1137"0053110112 7.14- MECHANICSBURGPA Card# 3513 1/30 BP-PPL 602.01. 099906261 Conf #:. 3651995.1:17 1/30 BP-PPL 2 822.75- 099906263 Conf #: 3651995.1.18 1/30 BP-American Express 7;114.98- 099906259 Conf #: 3651995.1.16 1/31 01/30/12 USPS 4152480055/702 E 55.90- MECHANICSBURGPA Card# 3513 1/31 01/31/12 GIANT 6269 63:75= CAMP HILL PA Card# '3513 1/31 01/30/12 REMEL INC THERMOFISHE 729.67- 800-255-6730 KS Card# 3513 1/31 THE HARTFORD NTCLBIIVRC 774.40- 718180705 CCD 9942902727 13261754 1/31 Perll DiagnostiCPAYROLL 10,450,98- 106602568 CCD 1274287573 26300228 1/31 Total Maintenance/Service Fee 20.00- SUMMARY NUMBER 1/04 1161 17.54 000350180 1/19 1183 1,399.89 000168240 1/11 1162 141,59 0001573x30 1/20 1184- 1,500.00' 000305250 1/05 1165* 436.37 000255130 1/24 1185 4,398.50 000222370 1/03 1166 118.50i000263710 1/25 1187* 80.00:000206220 1/03 1167 40.13 000327040 1/23 1188 200.00 000513670 1/05 1168 179.82 000178820 1/24 1189 400.00-000127280 1/05 1169 39.60 000147200 1/27 1190 3,038.06 000735660 1/06 1172* 609.61 000102900 1/25 1191 1;124.00: 000174200 1/09 1173 80.00 000155210 1/26 1192 4,202.45 000217210 1/09 1175* 312.50 000282120 1/31 1193 528.71 000278340 1/05 1176 2,200.00 002546110 1/30 1194 1,500.00 004168000 1/18 1178* 80.00 000230780 1/31 1198* 200.00 000359320 1/18 1179 1,422.96 000801580 1/30 1199 200.00 000339700 1/18 1180 1,802.15 000114240 1/31 1201* 291.67 002171340 1/18 1181 1,491.24 000499520 1/11 1309* 50.00 000245850 1/18 1182 1,181.86 000317150`- * Indicates Skip in Check Numbers Susquehanna Doing what counts. Homepage Online Banking Login EFT Disclosure Reconcifement Form Online Security Contact Us Date 11/30/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS AND DEBITS 11/19 11/19/12 CVS 01639 01639--105 MECHANICSBURGPA Card# '5128 11/19 11/19/12 CVS 01639 01639--105 9.00- MECHANICSBURGPA Card# 5128 11/19 11/18/12 WEGMANS' 6416 CARLISLE 11.62- MECHANICBURG PA Card#'"5128 11/19 11/18/12 TARGET T2202 TARGET T 22.99- MECHANICSBURGPA Card# 5128 11/19 11/18/12 DUNKIN #306751 Q3 27.61- MECHANICSBURGPA Card# 5128 11/19 11/18/12 WAL-MART #1886 41.12- MECHANICSBUR PA Card# 5128 11/20 11/20/12 CV MART 37.53 NEW KINGSTOWNPA Card# 5128 11/20 11/19/12 POLYMEDCO 254.44- 9147395400 NY Card# 5128 11/21 Checking or MMDA Withdrawal 300.00- 003771570 11/21 11/20/12 BOMBAY BAZZAR 27.61- MECHANICSBURGPA Card# 5128 11/23 11/22/12 MTBC 500.00 Nj Card# 512A . 11/26 Transfer to Loan 1,249.99- 090702193 Acct No. 10009924811 11/26 CRIM T G.COM 12.95- 800-515-8498 MA Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 231208222 11/26 11/24/12 CRIMINALWATCHDOG.COM 12.95 800-515-8498 MA Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 231208223 11/26 11/26/12 SHEETZ 0000461 28".99- DUNCANNON PA Card# 5128 11/26 Paid Overdraft Item Fee 40.00- 241214449 11/26 11/27/12 ADT*SECURITY SERVICES 87.42- 800-238-2455 FL Card#'5128 11/26 Paid Overdraft Item Fee 40.00- 261225333 11/26 Paid Overdraft Item Fee 40.00- 000219910 11/28 11/28/12 INK SPOT PRINTING 261.82- 570-7437979 PA Card# 5128 11/28 AFLAC INSURANCE 272.30- 251144104 CCD 2580663085 E4H12336950 11/28 AFLAC INSURANCE 272.30- 251144105 CCD 2580653085 E4H12708214 11/29 11/29/12 USPS 4152480055/702 E 13.90 MECHANICSBURGPA Card# 5128 3 uehanna Doing what counts. Homepage lntemet Banker Login EFT Cisclosure Reconcilement Form Online Security Contact Us Date 12/30/11 Page 3 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) ENEMMEM- WITHDRAWALS AND DEBITS AN 12/02 12/02/11 ADT*SECURITY"SEgvICES " " 82:86 800-238-2455 FL Card# 3813 12/02 MERCHANT BNKCD INTERCHNG .03- 000100275 CCD 1031309123 133164541996 12/02 MERCHANT BNKCD FEE .59- CCD 1031309123 133164541996 12/02 SUSQUEHANNA BNK BILLPAYFEE 4.95- 082710452 PPD 1230570293 12/02 MERCHANT BNKCD FEE 19.95 000506138 CCD 1031309123 '133164540998 12/02 GUIDANT FINANCIA GUIDANT FI 92.00 196314401 PPD 8201196344 12/07 MEDICAL 0917 BILLING FE 80.08 089560216 CCD 1223832302 1011012 - 12/08 12/08/11 USPS 4152480055/702 E 24.17- MECHANICSBURGPA Card# 3513 12/08 12/07/11 HAMPDEN CLEANERS CAMP 39.33- CAMP HILL PA Card# 3513 12/09 12/09/11 GIANT 6269 65.28- CAMP HILL PA Card# 3513 12/09 Gift & AssociateAccount Dr 250.00- 331283910 CCD 9232349002 7357 - 12/13 12/13/11 GIANT 6269 62.96- CAMP HILL PA Card# 3513 12/13 CHASE SPAY" 150.00- @35680983 ' WEB 1239191871 5760039224 12/16 Gift & AssociateAccount Dr 625.00- 365043105 CCD 9232349002 7357 12/20 12/20/11 GIANT. 6269 19.99= CAMP HILL PA Card# 3513 12/21 BK OF AMER VI/MC ONLINE PMT 595.00- 001471586 WEB CKF920576925POS9500000000 12/22 12/23/11 PHILLY PRETZEL.FACTOR 23.25 CAMP HILL PA Card# 35 ', 12/27 rans er o oan 866.32- 090703605 Acct No. 1000992481 12j27 C ec ing or MMDA W1 racval 100.00- 003726990 :12/27 Gift & AssociateAccount Dr 625.00- 423175671 CCD 9232349002 7357 12/27 Bill Paid - SAMS CLU 477.02- 099906723 __2/28 12/28/11 USPS 4111360011/1675 25.00- CAMP HILL PA Card# 3513 1.2/28 BILL ME LATER CONS DRS 414.01- 452904146 PPD 1770406822 Susquehanna Doing what counts. Homepage lntemet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 11/30/11 Page 3 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) WITHDRAWALS DEBITS CAMP HILL PA Card# 3513 11/07 PAYPAL INST XFER 42.39 754972909 WEB 53KL7258TPXNKC PAYPALSI66` 11/08 MEDICAL 0917 BILLING FE 59.74- 070746291 CCD 1223832302 1011012 11/09 Miscellaneous Debit 5,509.00 002160900 11/09 BILL ME LATER CONS DRS 1,004.99- 912908336 PPD 1770406822 11/10 Gift & AssociateAccount Dr 950.00 800063539 CCD 9232349002 7357 11/10 LEASINGSVC ONE TIME 8,198.90- 003217603 CCD 3431730377 23448.001 11/14 WIRE-OUT 20113180023400 30.00- 123500194 BEN:PENN DIAGNOSTIC OBI: 11/14 WIRE-OUT 20113180023400 15,000.00- 123500193 BEN:PENN DIAGNOSTIC OBI: 11/14 11/12/11 CARTRIDGE WORLD"MECHA 22.25- MECHANICSBURGPA Card# 3513 11/14 11/10/11 CARTRIDGE WORLD MECHA 105.98- MECHANICSBURGPA Card# 3513 11/14 CHASE EPAY 500.00- 960657417 WEB 1221985774 5760039224 11/16 11/16/11 CARTRIDGE WORLD MECHA 77.37- MECHANICSBURGPA Card# 3513 11/16 Bill Paid - SAMS CLU 249.40 09990318/ 11/21 Checking or MMDA Withdrawal 100.00- 000612250 11/22 LEASINGSVC- ONE TIME 4,202.45 - 001365533 CCD 3431730377 23448.001 11/22 AMERICAN EXPRESS ELEC REMIT 6,088.71- 151459254 WEB 1111210510543650005000008 11/22 Bill Paid - PPL 2 1,463.47- 099902767 11/23 BILLMATRIX BILL PAY 3.50- 094283652 TEL 7529000011 11/23 VERIZON MAIN VRU BILL PAY 1,325.97- 097399601 TEL 7529071411 11/28 Trans er to Loan 349.46- 090702703 ACCt 009924811 11 i Paid - PPL 1,457.84 099906661 11/30 VZ WIRELESS VE VZW WEBPAY 755.53- 747888697 TEL 0000751800 11/30 Total Maintenance/Service Fee 20.00 Exhibit Loan No. 10009274530 Approved Commercial Loan 5/11/2011 $450,000.00 First 6 months interest only 6/11/2011 $2,250.00 First 6 months interest only 7/11/2011 $2,250.00 First 6 months interest only 8/11/2011 $2,250.00 First 6 months interest only 9/11/2011 $2,250.00 First 6 months interest only 10/11/2011 $2,250.00 First 6 months interest only 11/11/2011 $2,250.00 Payments Made 12/01/2011 $5,188.27 Payments Made 1/03/2012 $5,188.27 Payments Made 2/01/2012 $5,188.27 Payments Made 3/13/2012 $5,188.29 Payments Made 4/04/2012 $5,188.29 Payments Made 5/15/2012 $5,188.40 Please see the email to the bank which 6/01/2012 states,that we will pay down the loan with the sale Of 7/01/2012 our property in Danville,PA Payments Made 8/09/2012 $5,188.40 Payments Made 9/13/2012 $5,188.40 Pre-Payment of Loan— 10/04/2012 $133,705.99 Notice received from bank for full payment of both 11/26/2012 loans, Susquehanna ' Doing what counts. Homeoaoe Online Banking Login EFT Disclosure Reconcilement Farm Online Security Contact Us Date 9/28/12 Page 5 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) MEEArsCSati ? cd3 2 e . 9/11 09/11/12 SUNOCO 0363902805 39.26- MECHANICSBUR PA Card# 5128 r« s :.9/11',, 0�,� � � ,3t� : �Er . . �}-�'� ;�x �:��.6f���'•-.�" ,.��' ���'r �r �:,�K�,}, x��* ,k �,..: CAM*sftM PER3_`#:2$c. ", 9/12 Miscellaneous Debit 200.00- 001479930 9/12 09/11/.12. W8k`-riatr 9/13 Trans—ter to Loan 5,188.40- 090700701 Acct N 100092745 9/1 12i PHAE?X 9/13 Paid Overdraft Item Fee 40.00- 121214665 9/13AeRLA *`h r }� t.ItW1� 1'�r�3 .i. '25$Y43 p� ,�s, n+F-.fi'i � 1i4 s f s # r '' v 9/13 AFLAC INSURANCE 272.30- 010261012 CCD 2580663085 E4H12835508 9j14 Return*Overdraft,ltemFY Fee ., 0604,61011 x. 9/14 Return Overdraft Item Fee 40.00- 050461012 9/14 Return.Overdraft Item Fee 40.04 = 050452720 9/14 Return Overdraft Item Fee 40.00- 050477820 9/17 Checking or-MMDA-Withdrawal- 6,006 00- ''001570666 9/19 09/19/12 USPS 4152480055/702 E 8.70- MECHANICSBURGPA Card# 5128 9/19 09.19 12•t3IAF3T-.6331 car ME 9/20 0 9/19/12 REMEL INC THERMOFISHEV M-~ ~_u yyM�y 656.18- 800-255-6730 KS Card# 5128 9j20 x,1,4,05� xw rry 71 =87 = 4Q `� ka2"d `'° 9/20 Sams Club CC SAMS EPAY 35.00- 910300369 WEB 421281454 9069872103 9/20 BILL ME LATER CONS-`DRB. 60:00 022725925: PPD- 1770406822 9/21 09/21/12 2796 OLD POST ROAD 60.00- HARRISBURG PA Card# 5128 9/24 09/21/12. PANERN BREAD:'#946 4.23-". HEMLOCK TOWNSPA Card* 5128-9/24 09/21/12 PANERA BREAD #660 10.36- CAMP HILL PA Card# 5128 9/24 09/22J12 EXXONMOBIL 32.53- MECHANIC PA Card# 5128 9/24 09/22/12 201 ST. JOHNS CHURCH 60.00- CAMP HILL PA Card# 5128 Susquehanna Doing what counts. Homeaaae Online Bankino Loain EFT Disclosure Reconcilement Form Online Security Contact Us Date 8/31/12 Page 5 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) 8`f 06 Off�Q�',��2~2Q��ST",•1Q#�c�expi�c';� r� Knrn��� �if7• � �.�'� '� � , � �r� �, .. ... .... - x •w u 4,a zy arr tir bz,� . CAMP- MILL: .1.. . Card.51 r.' .. = *.,*, x- �, . _. , A . 8/06 08/04/12 NATIONAL VISION EYECA 185.95- MECHANICSBURGPA Card# 5128 8/06, 08/04/12:;_36� :DBSIGN ,INC.. . 3d QO-FS,:•. e.,. 4 i_ ., 717-233'6333 Pk"' d#•'S1a8 8/07 Transf to Payroll Account 1,000.00- 091906173 Confirmation number 807120439 8/07 08/07/12 Pik Qt;RE88FVB•INE;? s ''; 5 QQ .R 806 466': 77 dr 51 8/07 08/07/12 CONSERVATIVE ENVIR 383.50- 717-731-6799 PA Card# 5128 Blos 09l04/12_'Gb&i�aW_A� CAMP"HILL P1 �d .SI2 r ° t- t `, 8/08 08/09/12 IMMUNODIAGNOSTIC SYST 200.00- 480-2788333 AZ Cagd# 512 &/09, Q90.7QQ653' Acct N 27453 8/09 0-8709/12 MERCEDES MEDICAL INC 150.75- 941-3553333 FL Card# 5128 _ Y x_4Q` 8/10 Return Qverdra �` Item Few'= Qt3,_, Q Q464800 8/10 Return Overdraft Item Fee 40.00- 050453960 _ .«. �...�..:- r-f���+d.�✓5 u�^ �n� .' � �" x';"2 ray, �t a .i.",d SrF ' 'x�"*�..,a;., 8/10 08/11/12 PHADIA 1,598.51- PORTAGE MI Card# 5128 8/1Q_ GIFT � �'+S,S4 CCD 9232349Q0 8/13 Telephone transfer debit to 1,100.00- 050700741 Acct No. 10009505156-D 8/13 06/12/12: Wa1-Mart SUper_Cµ 7.40- MECHANICSBURGPA Card) 522 ' ' 8/13 08/10/12 PANERA BREAD #01155 14.82- MECHANICSBURGPA Card# 5128 8/13 09/if/12:.OFFIkI MA7 ;641fii�_CARLI r'`. 144- r-. MECHANICSBLJRGG*, Cardi'-� a a 8/13 08/11/12 Wal-Mart Super C 18.01- MECHANICSBURGPA Card# 5128 8/13 08/11/i2; SUNOC •Q3639Q2805 ., 25: 2Z MECHANICSBUR`PA-Cafd* 512 - 8/13 08/11/12 201 ST. JOHNS CHURCH 80.00- CAMP HILL PA Card# 5128 8/13 08/11/12 CARTRIDGE WORLEY MECHA 130.36 MECHANICSBURGPA Card# 5128 Sti quehann4a Doing what counts. Homepac Intemet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 5/31/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) / ^,; :.° �EHAN�BNR�,..• � a ��� �� ��� �� T.(,��[]} "mot £r' YV� C CCSxQ33Q3 233454E}9.9 n s 5/02 MERCHANT BNKCD INTERCHNG 66.17- 000100292 CCD 1031309123 133164541996 5/01 GUIDA107 PINANCIF .GUIDANT FI ' " 92.OQ 230304921 PPII" ., $. ` 824Ii9&344 5/03 Checking or MMDA Withdrawal 200.00- 002725970 5/04 05/0 /I2 PiI�ZI : #2308443013,; ; 38 69 PA'-Card,5284_ . CAMPS 5/07 Checking or MMDA withdrawal 100.00 004719250 ,� . .. -_ M$CF�IF�I�'.rSH'�IACTP `�81� S`i2C° ,..�.++:Kvrr� �5�� ter, rte• +y . . 5/07 05/05/12 GIANT 6269 21.75- CAMP HILL PA Card# 5128 5/07 05`/Q5/ 2E 203;ST> JOHN3.CHURCH :• 4040, A s. eardt-5128 ; 5/07 05/06/12 GULF OIL 92046373 45.57- MECHANICSBURGPA Card# 5128 5/07 05/07/12 B6BBY-- RAHAIj.LEXUB 75.26- MECHANICSBURGPA Card#• 5128 : 5/07 PP ELEC BILL 574.48- 195335145 CCD 1230959590 7742083028 rP,. 5109- CYiecTiA or `-WthcTrawaY ...., 1.5Od 04.,' 003 7-5700,1 r 5/09 05/10/12 SHELL OIL 57543003107 11.99- KING OF PRUSSPA Card# 5128 5/09 05/16 is INTB1t3sAR1 ,TSTFI ANE1 SA t. 5/09 05/09/12 SUNOCO 0003688920 32.00- MECHANICSBUR PA Card# 5128 510% 05/10/12, CON$IMVATIV$.EN 5/09 AMERICAN EXPRESS ELEC REMIT 1,500.00- _ 089217930 WEB 1205080631569040005000008 5/10 GfEt &%-Aasoaiat'"CCOUnt I)r , .»4, . ...,, 355=OQ,,. CCD 923234900 -.:7357: 'An 5/10 MEDICAL 0917 BILLINGFEE 932.13- 110888315 CCD 1223832302 1011012 5/14 05/13/12,GULF`OII�, 92046373 53.21-r:' MECHANICSBURGPA;Card# 5126 5/14 05/14/12 EXXONMOBIL 53,72- MECHANIC PA Card# 5128 5/14 AMERICAN EXPRESS ELEC REMIT' 1,000.00 388437491 WEB 1205120606083600005000008 5/15 rans er o Loan 5,188.40- 0907p2961 Acct No. 10009274530 Susquehanna Doing what counts. Homepace Intemet Banker Locin EFT Disc%sure Reconcilement Form On ine Security Contact Us Date 4/30/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) MEN . � ''3q0 �WVKA- r'F 4/03 MERCHANT BNKCD DISCOUNT 177.43- 000200287 CCD 1031309123 133164541996 :4/04 Trams exT, ba __ - Ae N 4/04 04/04/12 USPS 4152480055 9.90- MECHANICSBURGPA Card# 3513 4/04 04/04/12 USP§^,.4152480055. 11.05-' MFCHHAbi.I:CS$URGP1�,-C3sd�-3513: 4/04 MERCHANT BNKCD INTERCHNG .34- 000100261 CCD 1031309123 133164541996 4/04 . MtRCkiNt .: 4/04 MERCHANT BNKCD FEE 19.95- 000405932 CCD 1031309123 133164540998 4/05 AMERICAN..BXpRE33 kLkCn REpfl . . 7;471 3$zna , 3 3 3393 924 . 's WE&r.i204040502802200065600008 4/09 04/09/12 GIANT 6269 43.26- CAMP HILL PA Card# 3513 4/09 04/08/12 SUNOCO 0003688920 55.57 MECHANICSBUR PA Card#''3513 4/10 Gift & AssociateAccount Dr 355.00- 177446227 CCD 9232349002 7357 4/10 MibfC is fk91T,_. B i,IPiGFER.. 60 ",478 0348835-9r 4/16 Checking or MMDA Withdrawal 500.00- 003460980 4/16' p4/14f121OFBCS MECHAN3:CSBURGGA Card#;3513. � `, ' ;:. 4/16 04/13/12 FIVE BELOW 113 9.54- CAMP HILL PA Card# 3513 4/16 04/14/12. Wal-Mart: Super'C: MECHANICSBURGPR Card#" 3513 . 4/16 04/14/12 GIANT 6005 57.01- MECHANICSBURGPA Card# 3513 4/16 Perll-giagnostfcPAYROLL.=-' 0 274980 5.73' CCD 1274287 -:.263 00228:- . ._.,. 4/18 04/17/12 WAL-MART #1886 24.80- MECHANICSBUR PA Card# 3513 4/19 AFLAC INSURANCE``. 306'.24 `:. 892759841 CCD 2580663085- E4Hi2260345 _ 4/20 PAYPAL INST XFER 42.39- 970803648 WEB 53KJ25T4GN8ZE PAYPALSI66 4/23 PAYPAL INST XFER 40.94- 009251162 WEB 53KJ25TDNZU48 PAYPALSI66 Susquehanna Doing what counts. Homeoace Intemet Banker Locin EFT Disclosure Reconcilement Form Online Security Contact Us Date 3/30/12 Page 4 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) !' 3 01'' Paid`Overdrai� Dent Fee `' 40' 0 OOQi 4 G 3/01 Paid Overdraft Item Fee 40.00- 000140800 3/02- MERCHANT; BNKr. FF; ,. . 65-?< OOGSf}5918 CCIt"1G3130452;3'r.°133fi4541�9f: .-.. . 3/02 MERCHANT BNKCD INTERCHNG 3.54- 000100259 CCD 1031309123 133164541996 .3/02 . 00O 5th T 3/02 GUIDANT FINANCIA GUIDANT FI 92.00- 132389399 PPD 8201196344 3 3/05 03/01A BA�'FFtiRF.S$:PTiU3r'` f4', 4 02 "s" CAMP 3/05 03/03/12 SUNOCO 0003688920 21.04- MECHANICSBUR PA Card# 3513 3/05 03/t?3/Y W$GFIA Cx4 CRErI32, ,; 35:83 3/05 03/03/12 SUNOCO 0363902805 43.93- MECHANICSBUR PA Card# 3513 3/05 03/Q31 GIANT' 63 ]. •t s; - 46.87 :' Y, MEG'EiAIZC$4WG'Rllirr Car C{' 3Y3 3/06 03/06/12 WAL-MART #1886 h 36.88- MECHANICSBUR PA Card# 3513 3/06: Q � �ra 3/06 BP-PPL 446.92- 099903833 Conf # - 3651995.1.20 3/04 03/49/22 LISIi$ 415248Q0t5/,702,E 12 95 m MECHANICSBURGPA'Card# 35Y3 . 3/09 ATM W/D 1656 03/09/12 00009967 40.00- 091203170 201 ST. JOHNS CHURCH RO CAMP HILL PA Card# 3513 3/12. Chi ecking a _MMbA14—iETi aWai 1'F500.Q0,' 0020489 0` 3/12 03/09/12 SHEETZ 0000288 43.01- DUNCANNON PA Card# 3513 3/12 ATM W/D' 143� G3/11/Ia-00G00030 . 100;00 : 111205803 201rST. JOHNS 'CHURCX RO, CAMP: HILI. PA Card# 3513 3/12 Gift & AssociateAccount Dr 355.00- 258070123 CCD 9232349002 7357 `3/13 rans er ta-Loan `< 5,188,28- ,'•. ` ' 09Q70I6�74- AECt Nd: `10004274536 ' 3/13 rans to Payro ;count 1,500.00- 091907005 Susquehanna Doing what counts. Homeoece Intemet Banker Looin EFT Disclosure Reconcilement Form Online Security Contact Us Date 2/29/12 Page 2 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) P-EPO'-',IT9- v: w -x p 7 ru,.n� ss*, 'zwr'.: ye -may,s ,�+'•'a:.a- ,f' L �', ;-,,rg r-, ° ,s, w .... 2/09 HIGHMARK MED B PMNT 124.62 012558136 CCD 1250200005 1851680656 2/16 HFGFIMARK. MBD B.PMlQ t; S7i 91 m' 01'i24, 495.- CCD 1250200005'•186I68Qb56 2/13 HIGHMARK MED B PMNT 34.55 009778435 CCD 1250200005 1851680656 2/13 Deposit 1,530.05 . 004883350: 2/14 HIGHMARK MED B PMNT 615.83 022665490 CCD 1250200005 1851680656 2/15 HIGHMARK MED*Bi PMWr,:: 18'180. "`.=00244S09Srt' CCFT I250200ft0�a:185:1680656 2/15 Counter Deposit 7,450.00 001027020 2-/16 HlbIO ARIC MRS& 016m, �3 CCII`-1250200005"1 85168.0656. 2/21 Deposit 1,504.60 000738430 2/22 HIGHMARK MED B .PMNT;", 621,82. 050028623 .,"` CCD 1250200005 1851680656 2/23 AETNA LIFE INS HMOPYMTI 3.00 002191251 CCD 1066033492 XXXXX7573 2/23 HIGHMARK. , MED' B PMNT 599.94 0G706822a- CCU,1250200605 1851680656.. ' 5' 2/24 HIGHMARK MED B PMNT 661.64 012982193 CCD 1250200005 1851680656 2/24 Depoaf Y . !, t ,` o. i Rr& i 29�r t Qf?3tt6 011 s 2/24 Counter Deposit 2,823.00 003068260 1127-- FFIGHMARZC._ MED' Br8.b4 4O .QBr ElI 11737686., CCII1 1250206005 185/680656 2/28 HIGHMARK MED B PMNT 292.58 264328695 CCD 1250200005 1851680656 2/28 Counter Deposit 9,840:'00 : 001231870° 2/29 Deposit 1,022.29 003862840 WITHDRAWALS Transfer to-Loaf di= 100327" . 2/01 02/01/12 USPS 4152480055/702 E 27.05- MECHANICSBURGPA Card# 3513 2/01 02/02/12 ADTtSECUR1'TY'.SERVICES' 82.86-, !. 800-238-2455 FL Card9 3513 2/01 SUSQUEHANNA BNK BILLPAYFEE 4.95- 154097066 PPD 1230570293 Susquehanna Doing what counts. Homepace Intemet Banker Login EFT Disclosure Reconcilement Form Online Security Contact Us Date 1/31/12 Page 2 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) DEPOSITS AND CREDITS, " G It330`3123 133164$41_9 Y r 4 1/11 HIGHMARK MED B PMNT 431.01 007090376 CCD 1250200005 1851680656 "58F..4Q ?2TfE <} 1/13 HIGHMARK MED B PMNT 98.40 016024272 CCD 1250200005 1851680656 1/23 Mseellane'otis,.Cred3 C 12.;50G.00 ,' 001421590, 1/17 HIGHMARK MED B PMNT 1.01 010274627 CCD 1250200005 1851680656 HIGHMARK MWI-a PbWT ' 1,258.02 > ' 058689035. CCD- 1250200005 1851680656 1/20 HIGHMARK MED B PMNT 362.23 010468977 CCD 1250200005 1851680656 1/23" HIGHM I( KW_-'.H:PMNT 330.57•.: 0122514056>.k..,' CCD`1250200005"1855680656 `. r , 1/23 Deposit 1,039.36 000513680 _ , 12 � 26TE11/24= . '{ =_ s u =•-. -. ........., 1�'., 'yJS ��.'. _ lye t4�ea7:t•.�. Ri T "1, } * Y CCT3 125Q2QOQQ$ 1931680656 1/24 Miscellaneous Credit 6,000.00 002081320 1/26, HIGHMARK CG`D 125€12QQ005a 1851680656;:. '' 1/27 MERCHANT BNKCD DEPOSIT 76.04 000500246 CCD 1031309123 133164541996 1/27 HidHMARIt MED: H.PMNT 240 25 : 005758043 ; CM-1250200005 1851680656% 1/27 Deposit 35,800.85 002954920 1/30` HIGHMARKE MSII;B PM21T 6.67 51 011613582 CCt 1,256200660 185164065W-_' 1/31 HIGHMARK MED B PMNT 300.70 019412421 CCD 1250200005 1851680656 1/31 Interest. Deposit WITHDRAWALS 1/03 Transfer to Loan 5,188.27- 090707120 Acct 10009274530 1/03 01/03/12 ADT;SECURITY SERV CES-` 82.86,- - . 800-238-2455FL.Card#. 3513 1/03 01/02/12 STAPLS9223288422000 130.37- 800-3333330 CA Card# 3513 1/03 SUSQUEHANNA-BNK I BILLPAYFEE 4.95 118509072 PPD 1230570293 Susquehann4a Doing what counts. Homeyaae tntemet Banker Zoain EFT Disclosure Reconcilement Fornt Online Se rrity Contact Us Date 12/30/11 Page 2 Primary Acct 4 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) CCV, 2 03 13 0 91 2V: l 31644! 6i,.' s� `,' s <s. r y'"rt9'` ••xz 4 .` ," * k .`p` 12/12 Deposit 359.47 003786460 12/13 HIGHMARIC Ml$II:,H-PMNT ' 174:75'° 022074000•" CCD 22502:00005,.1951684165t- . < 12/13 Miscellaneous Credit 16,000.00 003244100 12/15 HIGHMARf ME1 `B PMNT;.. •,. :, , 52T42;. 018995854 CCD- 125:0200005;'1&53 12/16 MERCHANT BNKCD DEPOSIT 23.42 000500275 CCD 1031309123 133164541996 12/16 Hb�i ,t M1�1'1" r` .,a _ _"16313'` `,_ .-_ 0474577 4, CCD. 125:tM20Qaa5r 1&5164564 12/19 HIGHMARK MED B PMNT 96.40 009066398 CCD 1250200005 1851680656 12/19 Counter Deposit ; 352:18 00908'4370 ` 12/19 Miscellaneous Credit 7,500.00 001228990 12/20 HIGHMARK,- M8E)rH.PMNT� 236,24 022298104` `' CCD;2250200005.1891690656. 12/21 HIGHMARK MED B PMNT 5.53 008947504 CCD 1250200005 1851680656 - 12/22 HIGH[ARIC. CC6"I25E20000 }`I85I6&ff5�. 12/23 HIGHMARK MED B PMNT 128,71 012120303 CCD 1250200005 1851680656 12/27 D"ep6si r:, ._. : 174:91:1 . . 003726690 . ; 12/27 Miscellaneous Credit 20,000.00 001799140 ,w 12/28 HIGHMARI4 .._ M$ .$.$MNT`F__r. - .3947»69' 010210206.. CCD' 1250200005 1951680656 12/29 HIGHMARK MED B PMNT 200.86 008724291 CCD 1250200005 1851680656 12/30 HIGHMARK 027376875 CCD "12502000.05. 1851680656-_ 12/31 Interest Deposit .04 12'/01 2L..woLQ.Qt6LdTX s.,, 27453/} ,...- 12/01 Transf to Money Market 50.00- 091902755 Confirmation number 1201110410 12/01 MERCHANT BNKCD' DISCOUNT 42 000200304 CCD 1031309123` 133164541996 S usqueh(, nna Doing what counts. Homejo Intemet Banker Logrn EFT Disclosure Reconcilement Form Online Sew Contact Us Date 11/30/11 Page 2 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) 11/14; F7e�5t���� �,s -, �... �, �x �. ..« _> •�..�_$.r.w _::.� �� b.�a�. <�'. ,..., ,t�4�t�.'l �,24 - .?- 11/18 HIGHMARK MED B PMNT 123.14 021481398 CCD 1250200005 1851680656 �✓•,aM .rw,y '�§ ,'5,4w, „ p`a:- 'sA.> -fig '`.ex i$ 1r^'pry.. a :{" k` ''a' s... :..Q 3- ::iYtyuri+a "r� tea+ '3�F 11/18 Miscellaneous Credit 15,000.00 001792730 ii/21` it ccD':i�sb2rxo�ir�ies�,66Q•8Si'�'' � ` '; � � �� >w 11/25 HIGHMARK MED B PMNT 58.31 008636199 CCD 1250200005 1851680656 11/25- Deposit, "' :;;. 394.08' 001495240 11/25 Miscellaneous Credit 20,000.00 001612330 11/28 Miscellsnevue',Credit . ; 2000E �0a �0305F0$4a•.:,.; 11/29 HIGHMARK MED B PMNT 98.32 032668312 CCD 1250200005 18516,,80v656 11/36- HIE3f0ti2 r.`-r«.. r .; r 63wy'1 ,:4 4. ;,a.434813rar, x { xt eaxt *a CCD'x'�a562�d66t►" �18 �5 '�s;...n .,.w€ti _ '. �., ` � ;��, ..d3 .. t 11/30 Deposit 64,41 002919890 5 ii jot Inreres 11/01 MERCHANT BNKCD DISCOUNT 3.94- 000200308 CCD 1031309123 133164541996 11/01 SUSQUkIANN1£ °Bl ".HLbk+F±AYBEE _ `. 4 95:? 11/02 11/02/11 ADT*SECURITY SERVICES 82.86- 800-238-2455 FL Card# 3513 11/OZ MBk� `BNK D9i:0 `. 39 ;$ e04tQ'ZO:C,51 '_ F . !" } 11/02 MERCHANT BNKCD FEE 1,96- 000606123 CCD 1031309123 133164541996 11/02 MERCHANT BNKCV, INTERCHNM. 30 9T- ,` 0001E CCD 101309123,13316'4541996" 11/02 GUIDANT FINANCIA GUIDANT FI 99.00- 514937841 PPD 8201196344 11/02 MERCHANT BNKCU,-' 119.90-' 000046,122 CM1031309i2l,"11 4540 11/04 Trans er to Loan 2,250.00- 090705481 Acct 1000927453 11/47 O5'.lI USP .v. 1..2'i$'0.:. 70aEI ,,- MECHANICSBUR4'A "Card `3513 11/07 ATM w/D 1644 11/06/11 00005851 200.00- 061105254 201 ST. JOHNS CHURCH RO 0 828 unread) - nnawaz a,perlldiagnostics.com - Yahoo! Mail 4 q Page 1 of 1 ex Rosemary Dente(rosemary.dente @susquehann a.ne Search Web E34,Nava l_ INBOX CONTACTS SEARCH:Rosemary... SBA loan#a6085150 Compose Delete Move Actions Inbox(999+) SBA Loan#4608515009 !rom Nava Nawaz to 1 recipient Jun 25,2012 Drafts(268) Sent Hi Rosemary, Spam(278) Thank you for talking to me on the phone about the monthly installment of the SBA loan#4608515009. I Trash(18) appreciate you letting me explain.We have no money now to pay the monthly installment.We are selling our property,21 Erin Drive, Danville, PA 17821 which the buyers will acquire in August 2012.The FOLDERS proceeds of the property sale will go towards paying down the loan. Please feel free to contact me with any APPLICATIONS questions. Regards, Nava Nava Nawaz,M.D.,F.C.A.P. President and Laboratory Director Peril Diagnostics,Inc. 5010 Ritter Road,Suite 104 Mechanicsburg, PA17055 Ph:717-691-5888 Cell:570-394-2776 Fax:717-691-5551 E-mail: nnawazAperlidiamostics.com Website: http://www.[)erlldiagnostics.com/ http://us.mg5.mail.yahoo.com/neo/launch 3/25/2013 OMB Approval No 2502.0265 !11�II . �ement Statement (HUD-1) 1.0 FHA 2.❑RHS 3.©Conv.Unms. 6,File Number ,:7 Loan Number. (8.Mortgage Insurance Case Numbr. e a. VA 5.O Conv,Ins- 112-29 ;3023883011, ; C.Note:This form is furnished to give you a statement of actual settlement costs-Amounts paid to and by the seltiamerit agent are sham.hems marked "(p.o.c.}'were outside the closing;they are shown here for inforrmational u poses and are not included in the totals. Pad p _ D.Name&Address of Borrower j E_Name&Address of Selkir F.Name&Address of Lender i Ashok Shanushali&Chaka#Shah' Naval K,Nawa�&Mllak M Nawax, Lav a 8511dc 21 Erin Dente Danville,PA 17821 Meelears€ itrig Pfl 170% G_Property Location: H.Settlement Agent 1_Sattkmerd D3tjiZ',`` 21 Erin Drive,Danville George O,Wagner dace of Sedtertro Mahoning Township„Montour Coiirlty 2 MIS,StraeF panNOe.A 1?82t'`' [ar7tt Offloe,of Glage Cl'1Nalprw� - J.Summary of Borrower's Transaction 111mornmr. min 100.Gross Amount Due from Borrower 400.Gross Amount Due to Seller 101 Contract sales price 505,000 W 1401.Contract sales price 5508,000.00 ...._ .... r_._ _.�.� t- 102 Perstrnai property 402 PersOnat PropeAY ;, L- _ l 103 Settlement Charges to borrower(fine 1400) 89,624 77 04 1 403 , _w _ 404 � Adjustments for Items paid by sailer In advance Ad ustmants for kerns paid by sells in advance 106 City/tawntaxes 10/4112 to 12/31112- S 369 11 i40S.ChyRown taxes 1014/42 to 12/31112 $369.11 107 Schooitaxes 10/4112 to 6!3613 52,526 66 407.School taxes 10/4/12 to 6/30!13 52,526.66 108 Assessments to I S 000 14_08.Assessments .- ��--to - $ 0.00 ___,.,,._.__._.__._.___..___...__._._______..__.___._._.�__. ___.. 109.Recycling tp14/12 to 12/31/12 ; $ 3.21 x409.Recliding 1014112 to 12131112 121 ,.110. v- 410. 111. 1411. 112 412 113 i � 413 c 120.Gross Amount Due from Borrower 5617,523.75 1420.Gross Amount Due to Seller S507,896.98 200.Amounts Paid by or In Behalf of borrower, $00.Reductions In:Amount Due to Seller: 2of Deposits or earnest money 20,000,00 !501.Excess deposit(sea Instructions) 2UW,_. sits _ _ --- 20Z Principal amount of new loan(s) 404,000.00 502.Settlement Charges t0 seller(line 1400} $9,758.00 203 Existing loans)taken subject to 503-Existing loon(s)taken subject t0 Chase 9113112 _w ;204 504.First m 205 Y-N escrow farmortgage loan 2;0( 2C6 506 Pay Gown of Susquehanna Bank mtg. 207 907 (Loan 4100092745301 SBA#4608515009) 133egi1 208 - 209. 509.P g ee(3) i 150 Adjustments for items unpaid by sailer _ :Adjustment for Items unpaid by seller 210 Cityitown taxes to r S 0 DO 510 Cdy/town taxes 01/01/12 to 12/31/12 - 1,547.90 Z i 1 County taxes to $ 0.00 511 County taxes to 212 Assessments to $ O 00I 512.Assessments to $ 000' 213 to S 0.001 ;513 School taxes 07/01/12 to 06/3612 3,415.67 214 �514.Recycling 01/01/!2 to 12/31/12 132!! _ - 215 a 15 Water&Sewer to 61361 2 79 22 _- 216 i 16 Water&Sewer(escrow) 07/01112 to 1604/12'I 793,22 _ 217. _ ,f ,SfZ 218. 51& _ 220.Total Paid byHor Borrower 5424,000.00; 520.Total Reduction Amount Due Seller 5507,898.98 300.Cash at Settlement fromho Borrower 600,Cash at Settlement tolfro n Sailor 301 Gross amount due from bor~(fine 120) $517 523 75 1601 Gross amount due to seller(We 420) $507,898.981 __ -_-- sits._ 302 Less amounts pad by/for borrower(fine 220) $424,000 001 !602.Lass reductions in amount due seller(fine 520} T 5507,898 981 303.Cash from to Borrower $93,523 75! 803.Cash to from Seller $000 The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting,reviewing,and reporting the data.This agency may not collect this information,and you are not required to complete this form,unites R displays a currently valid OMB control number. No confidentiality is assured:this disclosure is mandatory.This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. All will be held by settlement agent to be used as noted. Unused funds will be paid to Susquehanna Bank to be applied on loans noted on line 507. wsque.hanna E Susquehanna Bancshares,Inc. 1826 Good Hope Road Enola,PA 17025 VIA 1ST CLASS MAIL AND CERTIFIED MAIL RETURN RECEIPT REQUESTED November 26, 2012 91 7199 9991 7030 6665 8986 Peril Diagnostics, Inc. Aava K. Nawaz, Guarantor Malik M. Nawaz, Guarantor ; f 6353 Galleon Drive I Mechanicsburg, PA 17050 i Re: Loans in Original Principal Amounts of$450,000.00,and $250,000.00 By Susquehanna Bank, To Peril Diagnostics, Inc, j Dear Ms. Nawaz: This letter is diredted to you as an officer of Peril Diagnostics, Inc., and as a _guarantor of the above captioned loans. Susquehanna Bank, (the "Lender") made loans to you in the original principal amounts of Four Hundred Fifty Thousand Dollars ($450,000.00), and Two Hundred Fifty Thousand Dollars ($250,000.00), respectively. The loan in the original principal amount of $450,000.00 evidenced by an SBA Note and two mortgages dated May 11', 2011, and various documents relating thereto or executed in connection therewith (collectively, the "Loan 1 Documents"). i The loan in the original principal amount of $250,000.00 evidenced by a Promissory Note and two Mortgages, dated October 27, 2011 and various documents relating thereto or executed in connection therewith (collectively, the "Load 2 Documents"). The Loan 1 and Loan 2 Documents shall be referred to collectively as the "Loan Documents" between Peril Diagnostics, Inc., as borrower and Susquehanna Bank, as lender. i I You are in default on Loan 1 under the Loan Documents because you failed to make payments when and as due under the terms thereof on August 1, 2012 through November 1, 2012. Consequently, the Lender has exercised its right to declare all amounts outstanding under the Loan Documents to be immediately due and payable. The Borrower's obligations to the Lender under the Loan Documents on Loan 2 are due and payable on demand by the Lender whether or not the Borrower is in default. Moreover, the Borrower is in default under the Loan Documents due to its failure to Peril Diagnostics, Inc. Nava K. Nawaz, Guarantor Malik M. NaWaz, Guarantor November 26, 2012 Page 2 make payments when and as due under the Loan Documents. Accordingly, the Lender demands that the Borrower pay its obligations under the Loan Documents immediately, As of November 26, 2012, the balance outstanding under the Loan I Loan Documents is $305,554.68. Interest accrues on the unpaid principal balance at the rate of $49,35 per.day after November 26, 2012. In addition to the above amounts, you are obligated to pay all reasonable attorneys' fees and expenses incurred by the Lender in enforcing the -Loan I Documents. As of November 26, 2012, the balance outstanding under the Loan 2 Loan j. Documents is $252,816,97. Interest accrues on the unpaid principal balance at the rate of $41,67 per day after November 26, 2012. In addition to the above-amounts, you are obligated to pay all reasonable attorneys' fees and expenses incurred by the Lender in enforcing the Loan 2 Documents. The Lender hereby demands that you pay the amounts set forth by certified check, cashier's check or wire transfer by Tuesday, December 11, 2012,* Funds should be directed to Susquehanna Bank, 1826 Good Hope Road, Enola, PA 17025, Attn: Lisa Painter, Furthermore, liquidation of the collateral, including real property commonly known as 6363 Galleon Drive, Mechanicsburg, PA 17060 and 11922 Bates Court, Oreland Park, IL may take place. Nothing in this letter should be deemed an agreement by the Lender to forbear from enforcing any rights or remedies available to it under the Loan Documents or applicable law, The Lender reserves all of its available rights and remedies. Moreover, acceptance by the Lender of payment of less than the full amount due under the Loan Documents shall not constitute a waiver of the demand for payment of all amounts due, or any of the rights available to the Lender under the Loan Documents or applicable law. Susquehanna Bank BY: Lisa Painter VP, Loan Workout Officer OREO/Workout Department Phone: (717) 724-4605 Sir ,SuSqu+E'hannq aging ghat counts. Homegape Online Banking Login EFT Disclosure Reconcilement Fonn Online Security Cornact Us Date 1/31/13 Page 3 Primary Acct # 10009025593 Enclosures PERLL DIAGNOSTICS INC C/O GIFT & ASSOCIATES PO BOX 567 MECHANICSBURG PA 17055 BUSINESS BANKING CHECKING 10009025593 (Continued) DEPOSITS AND Confirmation number 129132184 WITHDRAWALS AND DEBITS 1/02 Transf to Money Market 15.00- 091911022 Confirmation number 102130063 1/02 01/02/13 BUFFALO WILD WINGS 04 50.88- MECHANICSBURGPA Card# 5128 1/02 SUSQUEHANNA BNK BILLPAYFEE 4.95- 722345810 PPD 1230570293 1/02 MERCHANT BNKCD DISCOUNT 5.87- 000200278 CCD 1031309123 133164541996 1/03 01/03/13 SUNOCO 0363906901 22.66- HERSHEY PA Card# 5128 1/03 MERCHANT BNKCD INTERCHNG 4.38- 000100208 CCD 1031309123 133164541996 1/03 MERCHANT BNKCD FEE 14.01- 000505689 CCD 1031309123 133164541996 1/03 MERCHANT BNKCD FEE 19.95- 000505688 CCD 1031309123 133164540998 1/03 GUIDANT FINANCIA GUIDANT FI 88.00- 252089264 PPD 8201196344 j07 Trans ter to Loan 1,249,99- 090702792 Acct No. 10009924811 1,000.00- �w� 1906343 Confirmation number 107137677 1/07 Paid Overdraft Item Fee 40.00- 091906343 1/07 01/07/13 DOC*DOCSTOC.COM 19.95- 888-4123627 CA Card# 5128 1/07 Paid Overdraft Item Fee 40.00- 061344727 1/07 _01/06/13 WEGMANS 6416 CARLISLE 21.77- MECHANICBURG PA Card# 5128 1/07 Paid Overdraft Item Fee 40.00- 061303301 1/07 01/06/13 Wal-Mart Super C 32.74- MECHANICSBURGPA Card# 5128 1/07 Paid Overdraft Item Fee 40.00- 061306591 1/07 01/07/13 SUNOCO 0363902805 36.63- MECHANICSBUR PA Card# 5128 1/07 Paid Overdraft Item Fee 40.00- 071347576 1/07 BILL ME LATER CONS DRS 54.00- 176011187 PPD 1770406822 1/07 Paid Overdraft Item Fee 40.00- 176011187 1/07 Paid Overdraft Item Fee 40.00- 000142320 tjc p MTV ONO Malik M. Nawaz& Nava K. Nawaz(Prose) 201-3 APR -9 Pty Perll Diagnostics,Inc. CUMBERLAND COW't i 5010 Ritter Road,Ste 104 PENNSYLVANIA Mechanicsburg,PA 17055 Telephone(570)394-2776 (PROSE) SUSQUEHANNA BANK, COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, Plaintiff PENNSYLVANIA V. NAVA K. NAWAZ AKA NAVA NAWAZ CIVIL ACTION -LAW Defendant No. 1 2 _ )� Civil CERTIFICATE OF SERVICE This is to certify that the documents of petition to open judgment have been served to the attorney's office at BARLEY SNYDER,William F.Colby,Jr.Esquire,Keith Mooney, Esquire,Court ID No.46880;206319,50 North Fifth Street,P.O. Box 942, Reading, PA 190603 by certified mail, US Postal Service Article No.7012 3460 0002 1542 5981. It was received&signed by L.Woomer at Barley Snyder on April 5,2013. A copy of the return receipt is attached exhibit"A". Respectfully Submitted Malik M. Nawaz & Nava K.Nawaz Defendant(Prose) ■ Complete Items 1,2,and 3.Also oomp'tete 7A- Slonsttne item 4 If Restricted Delivery ie desired. 0 Again■ Print yourname and address on there U ❑Adder so that we can return the card to you. �Reoe ed (P��Nemg) C. Date of Delivery ■ Attach this card to the back of the mallp , r or on the front If space permits. vC r i. Artlote Addressed to: y D. Is del my adds dllferit from Rom l? C Yes n��� ��Y p�� It YES,enter deiivepr addross below, ❑No �• 0 . OaX 942.' �.�P�p1 N Cv PA (q X03 3. s rvkye'ryp® .' Red Mall 13 Express Mali Rx�pleterod 0 Return Reoeipt for Merohandies C7 Insured Md C1-C.O.D. 4. Restrlcted Delivery?(Extra Fee) E3 Yes 2. Article Number „m MW4f ftMs W09 7012 3460 0002 1542 5981 Ps Form 3811,February 2004 Domestic Return Re"pt 102ses-02•M-1840 UNITED STATES POSTAL SERVICE First-Class Mail USPS9 e&Fees Paid Permit No.G-10 } d •Sender: Please print your name, address, and ZIP+4 in this box • S MA GI/< M . NA-WA2 &S53 CAAu.FoN r ANi�s t3vR� PA l'1DSa I s i f E Iltt�'!jl I ' !'II'l3II rII1�Iiill It��iI11 II1EI11�IP�' till i i i s SUSQUEHANNA BANK, Plaintiff V. IN THE COURT OF COMMON PLEAS OF THE NINTH JUDICIAL DISTRICT NAVA K. NAWAZ, AKA NAVA NAWAZ, Defendant 2013-01322 CIVIL TERM IN RE: PETITION TO OPEN / RELIEF OF JUDGMENT ORDER OF COURT AND NOW, this 11th day of April 2013, upon consideration of the Petition to Open / Relief of Judgement [sic], a Rule is issued upon Plaintiff to show cause why the relief requested should not be granted. DEFENDANT shall serve this petition and Order of Court upon Plaintiff. RULE RETURNABLE twenty (20) days from the date of service by Defendant. BY THE COURT, Distribution: Thoma A. Placey C.P.J. ✓ Nava K. Nawaz ✓ William F. Colby, Esq. z rn z::a 7,0 Ma jr/ Wr- f e16 =C c czs - �w F+{-if_ D--OF'F ICE t: f hE P R 0 T i 0 N 0 TAR`S' 2013 BURR 26 CUMt?ERLAND CQUN-ry BARLEY SNYDER PENNSYLVANIA William F. Colby, Jr., Esquire Keith Mooney, Esquire Court I.D. No. 46880; 206319 50 North Fifth Street, P.O. Box 942 Reading, PA 19603-0942 (610) 376-6651 Attorney for Plaintiff SUSQUEHANNA BANK, COURT OF COMMON PLEAS OF Plaintiff CUMBERLAND COUNTY, PENNSYLVANIA V. CIVIL ACTION—LAW NAVA K. NAWAZ, AKA NAVA NAWAZ No. 13-1322 Defendant RESPONSE TO DEFENDANT'S PETITION TO OPEN/RELIEF OF JUDGMENT AND NOW, the Plaintiff, Susquehanna Bank, by and through its attorneys, Barley Snyder LLP, files the following response to Defendant's Petition to Open/Relief of Judgment and states as follows: 1. Admitted. It is admitted that on May 11, 2011, the Plaintiff and the Defendant entered into loan agreement, in the amount of Four Hundred Fifty Thousand Dollars ($450,000.00), pursuant to the terms and conditions contained in the Note which is attached as Exhibit"A" to Defendant's Petition(the" Commercial Loan"). However, byway of further answer, the Commercial Loan is not at issue in this matter and is the subject matter in other pleadings before this honorable court at Docket Nos. 13-1315, 13-1319 and 13-1321. 2. Admitted. It is admitted that on May 11, 2011, the Plaintiff and the Defendant entered into a line of credit agreement, in the amount of Two Hundred Fifty Thousand Dollars ($250,000.00),pursuant to the terms and conditions contained in the line of credit agreement which is attached as Exhibit"B" to Defendant's Petition(the" Line of Credit"). However,by way of further answer, a note was executed in connection with the Line of Credit that sets forth other terms and conditions for Defendant's obligations with respect to the Line of Credit and is - attached to Plaintiff's Complaint in Confession of Judgment as Exhibit "A". 3. It is admitted that the Defendant made monthly payments pursuant to the terms and conditions of the Commercial Loan until the payment due and owing on August 1, 2012, and the Line of Credit until the payment due and owing on January 27, 2013. Defendant's payment history, in connection with the Line of Credit, is attached hereto as Exhibit"A". 4. Admitted in part and Denied in part. It is admitted that on or about June 25, 2012, the Defendant sent an e-mail to the Plaintiff in which her intent to sell a property and utilize the proceeds from that sale to "paying down the loan" on SBA loan#4608515009, the Commercial Loan, was expressed. However, the Commercial loan is not the subject matter of this action and therefore, it is denied that Defendant's e-mail expressed an intent to pay down the Line of Credit. 5. It is admitted that on or about October 5, 2012, the Plaintiff received a payment in connection with the Commercial Loan in the amount of One Hundred Thirty-three Thousand Seven Hundred Five and 99/100 Dollars ($133,705.99), and that said amount was in excess of the required monthly installment for the Commercial Loan. 6. Denied in part and Admitted in part. It is admitted that the Plaintiff did not honor the Defendant's request to shift a portion of the October 5, 2012 payment to the Line of Credit. However, it is strictly denied that the October 5, 2012, payment pre-paid the Commercial Loan until August 2014. Furthermore, the Note in connection with the Commercial Loan specifies that 3917353-1 2 lump sum payments or pre-payments were to be treated as follows: " Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, early payments will reduce the principal balance due." Furthermore, this was explained to Defendant in an e-mail dated June 27, 2012, in response to her Exhibit"D" and attached hereto as Exhibit"B" and again on August 6, 2012 in an e-mail attached hereto as Exhibit"C". Lastly, the Defendant's default on the Commercial Loan was a default on the Line of Credit as the promissory note attached to Plaintiff's Complaint in Confession of Judgment as Exhibit"A" contains a provision that states "Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note or any of the related documents or to comply with or to perform any other term, obligation, covenant or condition contained in any other agreement between Lender and Borrower." 7. Admitted. It is admitted that on November 26, 2012, the Plaintiff sent a letter to Defendant providing Defendant with notice of its default on the Commercial Loan and the Line of Credit. 8. Admitted. It is Admitted that on January 7, 2013, the Defendant made a payment in connection with the Line of Credit. 9. After reasonable investigation, answering Plaintiff is unable to determine the truth of the averments contained in Paragraph 9 of Defendant's Petition and strict proof of same is demanded at the time of hearing or trial in this matter in the event the same is deemed relevant. 3917353-1 3 WHEREFORE, Plaintiff/Respondent requests that Defendant/Petitioner's Petition to Open/Relief of Judgment be denied. BARLEY SNYDER By. Wi liam F. Colby, Jr., Esquire Keith Mooney, Esquire Attorneys for Plaintiff 3917353-1 4 EXHIBIT "A" Perll Diagnostics-Loan Number 10009924811 LOC Original Loan Amount$250,000.00 Date Advance Payment Payment Amt 11/15/2011 $93,497.00 11/18/2011 $15,000.00 11/25/2011 $20,000.00 11/28/2011 $20,000.00 11/28/2011 11/27 pmt $349.46 12/6/2011 $28,000.00 12/13/2011 $16,000.00 12/19/2011 $7,500.00 12/27/2011 $20,000.00 12/27 pmt $866.32 1/3/2012 $7,500.00 1/13/2012 $12,500.00 1/24/2012 $6,000.00 1/27/2012 1/27/pmt $1,213.98 2/2/2012 $4,000.00 2/27/2012 2/27 pmt $1,319.82 3/27/2012 3/27 pmt $1,208.32 4/27/2012 4/27 pmt $1,291.65 5/27/2012 5/27 pmt $1,249.98 6/27/2012 1 6/27 pmt $1,291.66 7/27/2012 7/27 pmt $1,249.98 9/5/2012 8/27 pmt $1,291.65 10/1/2012 9/27 pmt $1,291.65 Demand letter sent 11/26/12-Demand loan-Loan 1 was in default 11/26/20121 Applied to Principal $1,249.99 1/7/20131 jApplied to Principal 1 $1,249.99 EXHIBIT "B" Lisa Painter From: Rosemary Dente Sent: Wednesday,June 27,2012 8:38 AM To: 'Nava Nawaz' Subject: past due account June 1-Perll Diagnostics Hi Nava, Thanks for discussing your business and loan situation during our conversation Tues June 26. As discussed: 1. If/when you obtain an executed contract of sale on the Danville property,(August anticipated)you will forward that to me.The bank will order an appraisal and be involved in the process as all cash proceeds will be paid to the bank at settlement.Pay down of a loan pays down principal only,not interest and does not replace regular monthly payments. 2. To avoid 60 day late status,which is an event of default,you will try to make a payment in next few weeks and keep the loan from default 3. You are working toward resolving the inability of the billing company you hired to collect on your A/R,thus affecting your cash flow.Please let me know when you have resolved this and are moving toward collecting the $100k pending since you feel this is the obstacle right now,not the viability of the business model. I appreciate your statement that you understand the gravity of the situation.It's important that you recognize that the SBA loans you have are granted under the U.S.Federal Government loan program and the bank is governed by rules and regulations as well to administer the loan and it's servicing according to the terms and conditions of the Note and it's requirements. Thanks so much and have a great day. Rosemary Rosemary Dente Vice President SBA Business Barker,NJ SBA Government Lending Susquehanna Bank 2120 Meetinghouse Rd,Cinnaminson,NJ 08077-33271 Mailoode:207-ADMIN Tel:609.332.2269 1 Fax:856.786.8527 1 Cell:609.332.2269 Rosemary.Dente()susguehanna.net I Web:wvvw.susquehanna.net Connect with us: Facebook I Twitter I YouTube I Blgo Co:tfidentiality Notice: This s m.,il is intFndeJ f;u the kiss of the individual or emity tea whioh il.is addr:sseri,and may contain iniormalion Mai is priv;;egG::!,con°iG*rriaf,anr�exetnp':from disc�osure under srvr7i a:ale€yn. F ycu have reci^vcd t?iis corrimunicabor,i„error:;aiesse no y me irrnedia:i.ely at ii?e above phone n mbar rr t msii arldrers and detete 1h.e original rnessage.Thank you. and insert^cam prcd;:i *s are offdl'eo t^rc:i?n`PrinneVeFt scivlo .Inc.,a reg stereo broke,&aler and me;ster r estnen ;-,wviser.IWIrribar. NINRAJSIP-3.pninevesi is not atriiiat2d with:jusau harm Bancshares,inc,pr its rotated companies.Advisory servicza r•,ay only he riiewed by€ruesime t A�;iat:r r�en:�Lf wiives in connec io:;roth Hr1 aypropr isle PrlmeVest Advisory Service,,Agreement and disGOSUre biochiure as provided.SleouriVe,and hnsurarece products are:Not a deposit I Not Fp€C Insured"Not Insumd by any tedeml government agency"Not brick guaraokeed`tdiay lase.value. From:Nava Nawaz fmailbo:nnawaz@)perlldiagnostirs.coml Sent:Monday,June 25,2012 1:13 PM To:Rosemary Dents Subject:SBA Loan#4608515009 Hi Rosemary, t Thank you for talking to me on the phone about the monthly installment of the SBA loan# 4608515009. 1 appreciate you letting me explain.We have no money now to pay the monthly installment.We are selling our property, 21 Erin Drive, Danville, PA 17821 which the buyers will acquire in August 2012. The proceeds of the property sale will go towards paying down the loan. Please feel free to contact me with any questions. Regards, Nava Nava Nawaz, M.D., F.C.A.P. President and Laboratory Director Peril Diagnostics, Inc. 5010 Ritter Road, Suite 104 Mechanicsburg, PA17055 Ph: 717-691-5888 Cell: 570-394-2776 Fax: 717-691-5551 E-mail: nnawaz(@perlldiagnostics.com Website: http://www.perlldiagnostics.com/ 2 e EXHIBIT "C" Lisa Painter From: Rosemary Dente Sent: Monday,August 06,2012 10:14 AM To: 'Nava Nawaz(nnawaz @perildiagnostics.com)' Subject: delinquent account- Peril Diagnostics Hi Nava, Good Morning. Thanks for speaking with me just now. As you know,your term loan account remains delinquent and past due fortune 1,July 1 and now Aug.1 You did not make a payment mid July that we discussed during our July 6 meeting. It is my understanding from you today,you will be scanning and sending me a copy of an executed Contract of sale for the Erin Drive,Danville property.The sale price is$505,000.00 and the buyer has obtained financing.You will provide me a copy of that if you can,as well as the contact information of your representative who will be coordinating the legalities of the closing to pay off the liens associated,clear title,etc. You will also be sending me a letter today re this sale and your plans for your account(both term and ELOC)with us. I understand you have negotiated for the equipment leasing company to reduce your payments in half yet leave all the equipment at your business retroactive to May 1. I also understand you have made the decision to eliminate the billing company and take the billing in house eff.Aug.1 As discussed today and in our meeting July 5 and the prior conversation,a sale of assets does not substitute for a principal and interest payment.Proceeds from assets pays down principal on the loan that has the I"priority position,in your case,the term loan. At 60 days delinquent,the loan is an event of default(which you are in)and at 90 days,it goes into liquidation status. These are the policies of the US Federal Government's,Small Business Administration program. Our concern continues to be viability of the business and it's ability to generate revenue that allows for paying of its bills. We are hopeful you can catch up and then make our payments as scheduled and move in a positive direction. I'll be looking for the above-mentioned paperwork. Thanks so much Nava. Rosemary Rosemary Dente Vice President SBA Business Banker NJ SBA Government Lending Susquehanna Bank 2120 Meetinghouse Rd,Cinnaminson,NJ 08077-33271 Mailcode:207-ADMIN Tel:609.332,2269 1 Fax:856.786.8527 1 Cell:609,332.2269 Rosemary.Dente susauehanna.net I Web:www.susquehanna.net Connectwith us: Facebook I Twitter I YouTube I Bf_go Con"Iden?i.a-tify NotiGer 'his c^-R7ai:i'I mmled for the ute of the individual or en"'itY to whft lh it!s addrrsse.'',and mev r oral information.that i5 prfr;lefjed,confider val.and ex(irnpl from din—joEtwe under apn!i^,able is w. if you have fP.C:iUC4i this c:oninnunir-Tibaii in error,p!eSS?r otilq me ;rnomediateiv at the ab,•.re o-hinne,number or e- ,sii add:e::a and de!ete the on din I me^sage.T;`,,ant you. Securities and m W"31!';S produr s area offs=.red thrc)ui."P rirrnVest f'GI7..11(:iai Cv'rviGFF�,lnc. are { k., r a adviser.Member f i dRAiS!!z;,pr 1 u gister,,d hinker/dealer ifnd regist_reri!nvr5st)r;eiit tttvest is^.at at`iicatr. yof�S use:!_Kann:i saricshares 9tG.Or I c related ompat?ies.Act:^spy=erv!crs mey nr:ly be.offered by Invesfnieni Adviser Repre:entativei,.in connfl-icrl with an aS:pmpriate F'rmr.Ve;t Advisor;rlerv!ms Agreemc+nl arld 1 VERIFICATION Lisa Painter verifies that she is the Loan Workout Officer of Susquehanna Bank, Plaintiff in the within matter, that she is authorized to execute this Verification on its behalf, and that the facts set forth in the within Response to Defendant's Petition to Open/Relief of Judgment are true and correct to the best of her knowledge, information and belief. She understands that false statements herein are made subject to the penalties of 18 Pa.C.S. Section 4904 relating to unsworn falsification to authorities. Date: 1,23/[� �� Lisa Painter BARLEY SNYDER William F. Colby, Jr., Esquire Keith Mooney, Esquire Court I.D. No. 46880; 206319 50 North Fifth Street, P.O. Box 942 Reading, PA 19603-0942 (610) 376-6651 Attorney for Plaintiff SUSQUEHANNA BANK, COURT OF COMMON PLEAS OF Plaintiff CUMBERLAND COUNTY, PENNSYLVANIA V. CIVIL ACTION—LAW NAVA K. NAWAZ, AKA NAVA NAWAZ No. 13-1322 Defendant CERTIFICATE OF SERVICE 1, Keith Mooney, Attorney for Plaintiff, verifies that a true and correct copy of Plaintiff's Reply to Defendant's Petition to Open/Relief of Judgment has been mailed to Nava K. Nawaz aka Nava Nawaz, Defendant, at 5010 Ritter Road, Suite 204, Mechanicsburg, PA 17055, by first class mail, postage prepaid, on the,;Z5-1`'day of April, 2013. BARLEY SNYDER By: Keith Mooney, Esquire Attorneys for Plaintiff 3917353-1 UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF PENNSYLVANIA IN RE: i-_ rthllji` i • 12: 5 '13 JUL 26 PH 5 Nava K.Nawaz CHAPTER 13 �-��� Debtor' • UMBEFkL =;F U LOO `. v CASE NO.: 1:13-bk-023tgiiLV,;Fdlf • Susquehanna Bank • Movant • MOTION TO AVOID JUDICIAL LIEN ORDER AVOIDING JUDICIAL LIEN UPON CONSIDERATION OF the Debtors' Motion to avoid,cancel,and release a Judicial Lien,it is hereby ordered and directed as follows: 1. The Judicial Lien held by Susquehanna Bank and entered of record in the County of Cumberland,Pennsylvania,Case No. 13-1322 is hereby avoided,cancelled,and released. 2. The Prothonotary of Cumberland County shall avoid,cancel,and release of record said lien. 3. Further,the Recorder of Deeds in and for the County of Cumberland is directed forthwith to take whatever steps are necessary and appropriate to release,cancel and avoid the within referenced Judicial Lien and remove same from the local judgment index. 4. Susquehanna Bank shall cancel and avoid the judgment entered of record in Cumberland County against the Debtor. By the Court, haf f ChiefBeriluiptcy Judge {JK) Dated: July 1, 2013 �53�X77 017373 28307017390019