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Cumbo Co.
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POWER OP ATTORNEY AUTHORIZING SATISPACTION OP JUDGMENT
IN THB COURT OP
COMMON PLEAS OP CUMBERLAND COUNTY. PENNSYLVANIA
PENNSYLVANIA STATE BANK
No. 94-1806 Term
Debt Guaranty $75,000.00
Entered April 8, 1994
vs.
BARRY L. LYONS AND
CYNTHIA A. LYONS
Having received from Barry L. Lyons and cvnthia A. Lyons
the full amount of the debt, interest and costs of the aboye
judgment we do hereby authorize, empower and direct the
Prothonotary of Cumberland County to enter satisfaction of the same
on the records.
Witness my hand and sea
state of Pennsylvania :
S5:
County of Cumberland
.
.
Before me a Notary Public duly commissioned and sworn,
personally came the above named Paul H. Weidman. Jr. being the
identical person, or authorized Officer of Company of Corporation
named as Plaintiff in the above case, who in due form of law
acknowledged the above Power of Attorney to be his act and deed,
and to the end that the same might be recorded as such.
Witness my hand and seal this 16th day of
Janua~y ~~
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NtlfAlllAL SeAL
GIOI CUllEN. Notary Public
Camp Hili Boro, Cumberland Counly
My Commission Expires Apr, 20, 1998
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GUARAll'.rY
WBBRBAS, LYONS CONS!rRU~ION SBRVICBS, INC., (hereinafter called Borrower)
desires to transact business with and to obtain credit from the PBHHSYLVAHIA
S!rA~ BANK (hereinafter called Bank); and
WBBRBAS, Bank is unwilling to extend or continue credit or any renewal
thersof to Borrower without this Guaranty.
NOH, !rBBRBFORB, in order to induce Bank to extend or continue credit to
Borrower, and in consideration of the premises and the sum of $1.00 and of other
good and valuable consideration, the undersigned, as surety, subject to the
limitation hereinafter set forth in paragraph 1, hereby absolutely and
unconditionally guarantees to Bank prompt payment when due and at all times
thereafter of any and all existing and future indebtedness and liability of every
kind, nature and character (including all renewals, extensions and modifications
thereof) from Borrower to Bank, howsoever and whensoever created or arising or
evidenced or acquired.
1. The amount of the undersigned's liability hereunder shall be $75,000.00
plus accrued interest. The undersigned agrees that the amount of Borrower's
liabilities to Bank may from time to time exceed the said limit of the
undersigned's liability hereunder without in any way affecting the liability of
the undersigned hereunder. If no specific sum is set forth hereof, the amount
of the undersigned's liability hereunder shall be unlimited.
2. This Guaranty is made and shall continue as to any and all such
indebtedness and liability of Borrower to Bank incurred or arising prior to
receipt by Bank of written notice of the termination hereof from the undersigned,
without regard to collateral, or security, or guaranties, or other obligors, if
any, or to the validity or effectiveness of any and all thereof; and any and all
such collateral and security and guaranties and other obligors, if any may from
time to time without notice to, or consent of the undersigned, be sold, released,
surrendered, exchanged, settled, compromissd, waived, subordinated or modified,
with or without consideration, or such terms or conditions as may be acceptable
to Bank, without in any manner affecting or impairing the liability of the
undersigned. It is agreed that the termination of this Guaranty, in the manner
aforesaid, shall not relieve the undersigned from liability upon any indebtedness
or liability covered thereby then existing.
3. It is agreed that the undersigned's liability hereunder is several and
is independent of any other guaranties at any time in effect with respect to all
or any part of the indebtedness of Borrower to Bank, and that the undersigned's
liability hereunder may be enforced regardless of the existence of any such other
guaranties.
4. The undersigned hereby waives all notices of any character whatsoever
with respect to this Guaranty and Borrower's liabilities to Bank, including, but
not limited to. notice of acceptance hereof; notice of creation, existence or
acquisition of any liability hereby guaranteed; notice of adverse change in
Borrower's financial condition or of any other fact affecting undersigned's risk
hereunder, and notice of default. The undersigned further waives presentment,
demand, protest, and notice thereof as to any instrument representing
indebtedness covered by this Guaranty, as well as any right to require Bank to
sue or otherwise enforce payment thereof. In addition, the undersigned waives
the benefit of all laws now or hereafter in effect in any way limiting or
restricting the liability of the undersigned hereunder and waives all defenses
whatsoever to undersigned's liability hereunder other than payment.
5. If any of Borrower's obligations to Bank are not duly performed,
including the prompt payment when due of any amount payable thereunder, all
Borrower's liabilities to Bank shall at Bank's option be deemed to be forthwith
due and payable for the purposes of this Guaranty and the liability of the
undersigned hereunder.
-.
6. In addition to all other liability of the undersigned hereunder and
notwithatandin9 the limit, if any, set forth in paragraph 1 hereof, the
underei9ned also agrees to pay to Bank on demand all costs and expenses
(includin9 reasonable attorneys' fees and legal expenses) which may be incurred
in the enforcement of the Borrower's liabilities to Bank or the liability of the
underei9ned hereunder.
7. The undersigned hereby authorizes and empowers any Prothonotary, Clerk
or Attorney of any Court of Record to appear for and confess judgment against the
undersi9ned in favor of Bank, its successors or assigns, for the sum set forth
in para9raph 1 hereof, with or without declaration filed, with interest and
coats, release of error, without stay of execution and with 25\ added for
collection feesl and the undersigned further authorizes the immediate issuing of
an appropriate writ of execution upon which real or personal property maybe sold
without delay as provided by law or the rules of civil procedure governing the
enforcement of judgmentsl and the undersigned also waives the right of
inquiaition on any real estate that may be levied upon to collect the amount due
under a judgment obtained by virtue hereof, and undersigned does hereby
voluntarily condemn the same and hereby waives and releases all relief from any
and all appraisements, stay, exemption or homestead laws of any state, now in
force, or hereafter passed, and any right to except to, strike off, open or
appeal from the judgment so entered I and if a true copy of this instrument shall
be filed in any such action, it shall not be necessary to file the original as
a warrant of attorney, any rule of court to the contrary notwithstanding. No
single exercise of the foregoing warrant and power to confess judgment shall be
deemed to exhaust the power, but it shall continue undiminished and may be
exercised from time to time as often as Bank shall elect, until all sums payable
by the undersigned have been paid in full.
B. To secure all obligations of the undersigned hereunder, Bank shall have
a lien upon and security interest in (and may, without demand or notice of any
kind, at any time and from time to time when any amount shall be due and payable
by such undersigned hereunder, appropriate and apply toward the payment of such
amount, in such order of application as Bank may elect) any and all balances,
credits, deposits, accounts or moneys of or in the name of undersigned now or
hereafter with Bank and any and all property of every kind or description of or
in the name of such undersigned now or hereafter, for any reason or purpose
whatsoever, in the possession or control of Bank.
9. The liability of the undersigned hereunder is absolute and unconditional
and shall not be affected in any way by reason of (a) any failure to retain or
preserve, or the lack of prior enforcement of, any rights against any person or
persons (including Borrower) or in any property, (b) the invalidity of any such
rights which may be attempted to be obtained, (c) any delay in enforcing or
failure to enforce any such rights even if such rights are there by lost, or (d)
any delay in making demand on the undersigned for performance or payment of the
undersigned's obligations hereunder.
10. If the undersigned consists of more than one person, such persons shall
be jointly and severally liable hereunder. This Guaranty shall inure to the
benefit of Bank, its successors, assigns, endorsees and any person or persons,
including any banking institution or institutions, to whom Bank may grant any
interest in Borrower's liabilities to Bank or any of them, and shall be binding
upon the undersigned and the undersigned's executors, administrators, successors,
assigns, and other legal representatives. The undersigned intends this to be a
sealed instrument and to be legally bound hereby. All issues arising hereunder
shall be governed by the law of Pennsylvania.
WInmss the due execution hereof this /,)1- day of ,4/lA'-~ 1994.
Sworn and subAcribsd to before
me this l::d day of
J/nr:l , 1994.
I
Notary Public
8'w9.W
My Commission Expires.
Address:
NOTARIAL SEAL
filA J, KOHR, Notary Public
Camo Hili Boro. Cumbetland Counly
My Commission expires Aug. 4, 1997
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2148 Marker SUeer
p. 0, Box 487
Camp Hill. PI! /700/.0487
7/7.731.7272
April 6, 1994
Prothonotary of Cumberland County
1 Courthouse Square
Carlisle, Pa. 17013
To whom it may concern:
Please file the enclosed Guaranty in the amount of $75,000.00 as a
judgement against Barry L. Lyons and Cynthia A. Lyons of 542
Appalachian Ave, Cumberland County, Mechanicsburg, Pennsylvania.
I have enclosed a check in the amount of $14.50 for the filing
fee. Also enclosed is a self-addressed stamped envelope to Barry
L. Lyons and Cynthia A. Lyons and a self-addressed stamped envelope
to facilitate this request.
If you have any questions in regards to this matter, please feel
free to contact me at the above listed number.
Sincerely,
)
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PENNSYLVANIA STATE BANK
~~~~?~~ ~
Peggy J. Elder
Assistant Vice-President/Lending
PJE:dam
enclosures
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