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HomeMy WebLinkAbout94-05729 f.. " "_.-' ~n" WOqo, Au~" ~ '...; - ..'.....'~/:...Jf~-':ti'L, ,:~~~~~~,~<<,r"ft.~:~::-'rr:;i:.' .. ..\""", -- _ ,,:- - '>.' ':;~;\_f~:.t~~.p.~_' :";:'~,;:", ';;':':';;'~;;"'._;;\:::1f; :'. _.~- --- .;; _..: ~'-' ;.., DAUPH1N DEPOSIT BANK AND TRUST COHPA./IY IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNT"l, PENNS"lLVANIA Plaintit t CIVIL ACTION - LAW NO. q4 - 5?.J.'l C~.::r.4~ v. CONSOLIDATED MECHANICALS, INC., WEST SHORE TAXI COMPANY ana EMERALD GREEN LAWN CARE COMPANY CONFESSION OF JUDGMENT . . . . . . Defendant . . To: CONSOLIDATED MECHANICALS, INC., WEST SHORE TAXI COMPANY and EMERALD GREEN LAWN CARE COMPANY You are hereby notified that on by contession was entered against you above-captioned case. 6~t. " , 1994, judgment in the sum ot $54,597.79, in the DATE: October~, 1994 .-><1P,~LJl {i . 7'::/LJ D~ . Pro onota "r YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP. COURT ADMINISTRATOR CUMBERLAND COUNTY COURTHOUSE 4TH FLOOR CARLISLE, PA 17013 (717) 240-6200 DAUPHIN DEPOSIT BANI( AND TRUST COMPANY . . . . IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA CIVIL ACfION - LAW NO. 9-+ - S7.2..~1 ewJ...:r~ plaintitt v. CONSOLIDATED MECHANICALS, INC., WEST SHORE TAXI COMP~~Y ancl EMERALD GREEN LAWN CARE COMPANY CONFESSION OF JUDGMENT Defendants COMPLAINT 1. Plaintiff Dauphin Deposit Bank and Trust Company is a state banking institution with its principal office at 213 Market street, Harrisburg, Pennsylvania 17105. 2. Defendant Consolidated Mechanica1s, Inc. is a Pennsyl- vania corporation with its principal place of business at 2103 old Hollow Road, Mechanicsburg, Cumberland county, Pennsylvania 17055. 3. Defendant West Shore Taxi Company is a Pennsylvania corporation with its principal place of business at 2103 Old Hollow Road, Mechanicsburg, Cumberland county, Pennsylvania 17055. 4. Defendant Evergreen Lawn Care company is a pennsylvania corporation with its principal place of business at 2103 Old Hollow Road, Mechanicsburg, Cumberland County, Pennsylvania 17055. WHEREFORE, Plaintiff demands judgment against Defendants, jointly and severally, in the sum of $54,597.79 together with interest as may hereafter accrue and costs of suit. Datel October 5, 1994 KEEFER, WOOD, ALLEN & RAHAL BY:~. EUge~~ ' 'Pepinsky, Jr. Attorney I.D. '23702 210 Walnut street P.O. Box 11963 Harrisburg, PA 17108-1963 (717) 255-8051 Attorneys fo~ Dauphin Deposit Bank and Trust Company .. I Comme,clal Loan Nole o / ':,-(] S'u.' )'':;-. t; c-clf Dauphin Deposit BOnk ard i'usl COlT'4XJ"IV M....b.. 'OIC , . (C/1SQIJ 00. /,-C-' /; . "/0 '1/ u . /...-\ :./s .7/ JC ( SIll, 757 .37 Date December 27, 1991 The Undersigned, jointly and severally, promise to pay 10 Ihe order 01 Dauphin Deposll Bank and Trusl Company (Ihe "Bank") or lis Mslgns al any of III bank oHlces One hundred eleven 'thousand seven hundred fift seveDollars, an 1 *H* to be paid as follows: $60 000.00 of the within Note shall be paid by way of an assigMlElnt of an Pllnclpal payable 51. 5 .37 shall paid n monthl~ payments of 1 000,00 principal and interesl tlf'f'lIrert +n rt":1t~ n' fbnlcl", ...,ntl~~ t ofQfQ...., \ir" ~At14 ~1nniR8 QR th9:!7 day of January, 1992 and continuing thereafter unt 1 the 27day of December, 1996. Interest shall be calculated at a fixed rate of 10.00$ per annum and amortized -6~-yE'ft......pel""ltxh--Althot,gh--the--b:tlanc<'! ",hall be dl:.c .....d j.k>y..blo:: ",L Lbo:: <,II( Inttrftl 11'I.11 be ukullted onoJ. ~\lr'lt~e.2trZ? ^uml:)ef 0' de..,. In Ih, then curtlnt U1.,dar 'fN1 dMdtd by 310. 80th prinlcp&t and Int...... Ill' ptylC" in lawful motI.y of thl United SUf.. of Am.rlel .. It''f eme. 01 Bank In Immedlalely IVIII.bfl \Vldl, SECURITY. Aa MCUnty tot Ihl p.'fTMnt or Ihil noli and lut the plym.nl. ~rto'rn'n(' and chch,roe of III oche, pr...nl or futur. lnd.bledn.... obIlgltlonl ~d undertakinQe (lnc:Il'tlduat. )oInl. ~r". dirK!. oonlingenl 01 otMrwII') of Ihl Borrow.r to OIlOf' Itle btnem 01 thl Blnk wtlllMr aNting di'ldly 10 !hI BAn" undet \1'111 notl Of under lI'Iy other egf..",lnl. pt'omtUOr;' noli or und.rtaklngs now I.llling or h4r.n.tt.r .nt.rld by the 80ftow$' 10 the Sank. Th. Borrow" h..by ...Ignl Ind lIanaf.... 10 and pledget wrth tn. Banll and Qranllth. B.ank . '1CUl'lly Inler..t in Ut. following pr~rty: Wllh Interssl r \ I ! 1 ! An obliKati.on_owed~~&,,!ay~trol()~J/lU:Crn.QlJ.!lYLInc, , to BorroweLLwhether that be Consolidated Mechanica1s, Inc., or West Shore T~xi Company or Emerald Green Lawn Care Company. Additionally, those entltie!!l, ,as DoIIOW<'!I, pledge--aH-aecounts le...eiyJ;blo::, c:.ash, L..... ,o::fw,Jo, O::l.ju11A1.,IIL ,wd inventolY' whether now owned or hereafter ac~ulred as more fully described in Securitv Agreement( General and Inventory B. Accounts dated December 27, 1991- COLL.A TERAL The lerm "CoIlaleral" u uHd herlln me.ns III 01 the foreoolng property, tog"'''lr wllh In proPlrty Inl"..1I of .ny ",Iur. wlUilIoIvlf of lhl ~gMd. or any of them. now or "".I".ner In Ihl poMI..iOn 01 0' ...tgned or hVpolhlUl.::I to Ihl Bank lot lI'Iy pu,po.... Including WllhOUt IImlt.llon any property lI.t.,;:l abote and any ~C11 Of .".,.. belonging to th. Under.lgned or .ny olth.m. 01 .ny depollt. ag.ncy or olh.r accounl. WIth the B."k and atlY other .mountl whIch m.y be QlIIIlItng lrom Urn. to Um. by the Bank to th. Underaigted or Iny 01 them. Th. Undertigned Igr.e. Ihlllhe Ban" Ih.1l h.". . lien upon .nd lMCutUy Inllr..1 In th. Collt.llral, and all righllln con- neetlon "u" the CoU.I.taI. to secur. 1M payment 01 Ihl. note .rod .ny l.newal.. .Ilt.nalon. .nd modilic.alion. Ih.~f and all oU,,' elll.Ung IIlbll..... llrh.tn., ~ul. 01 CX)no ~nt, 0' the UndIRigned, or InY of thlm. 10 the BlIlk, said noe. snd any r.n.....a1.. ..tenllon. and modlllc.lion. thereo' and llid otMr 11IbUiU. being her.inlft., colllcUvely ....fltTed to u U. ..U.bdiU..... II any oU\ef LlabilllieJI er' ~" ..i.lence wh.n thi. noli I. Plld, then. notwithst.ndlng the 'UrNndll' 01 thia not" !hi Bank m.y retain the CoIIaWtIl and INU have wUh reaped lherllo all rlghll and ,.medl,. avallabl. 10 It. Including thaN her.,nan.r gtanled or ref.rred to, and . lru. eopy of uq not. tI'IalI be auMdonl ptOOl of the nohls grlnled herein. Said lien and lMCut!rf Inter..' .h.n belndependenl or any righl of ...-off which thl Bank m.y h...... Th. Underalgnld &IIUtNI lull ~ lot pr...ty.llon of the CoUllIraJ. including liking AllY sl.pe nee....ry 10 p,.HN, .,y rlghl. or Ih. Und.llfgned, or any o'tMm, Of the Bank In it IQl!nat pr10t partM. tll1'IY ptOt> erty Induded In the Cottat.rll or !h. value thereol Ihall .t any tlm. Mcom. unsatl"actory 10 the Bll'lk. the Undersigned ahlJl within 2" hou,. .tlM demand and u the Bank Ny 6k1Cl. ~tvef, INiOn Of hypothec"e III the Bank u par1 of the CoU.I.,al .dditlonal property wNch la IIUllac10ry 10 Ih. BatIk. RIO.'fTS OF BANK. In .dditlon to .11 other ,Ighl. gr.nl~ ner"'n 0' olnetwill po.....1d by it, lh. B.nk thall ha.... the ~Iowing rlghll. eacn of which m.y be ..erCIMd at any Ume without priot notice 10 0' c:on..nt 01 lilY or the Undersigned: (1) 10 pledO' Of lranl'lr thl. ode and .ny ,.newat.. uten.iOnt and modlfleallOnl therlOf, ...Igtlng thltNtth the Sank" rightlln th. ColI.llra! Of any por1lOn thereol, Ind Iny such pledg.. or Iranl'er.. .hall h..... .lllh. t1ghll 01 tn. Bank hereunder with re~ to thll note and any ,,"...&1.. .."nliona and mo(hli~tlona thereol Ind any 01 the Collat"a1 10 'lal(J'led therewllh. and the Bank .hall be th.r.."" reli.ved !rom a1lllabilily With reapect 10 any of the CoUaI.rallO UJiOned; (II) 10 Iransl., Ihe whole Of any pan of Ih. Coll.lef" into Ih. name of ilsell or It. nomin..; (hi) to VOl' the <:cH1.leral; (tv) to nouty the perlOOtl ObtiOlted on any at the CollAtertlto max. peymenllo the Bank of Iny .mounts ca..e or to becoIDI due thlreon; ('v) 10 take oonlta 01 any p,OCMdI of the Collalerar; and (vi) to ,....... or e.chW\Qe any of the CoII.I.,.. at any tlm. beloft 0' I"a' m.tunly hereof. PA YMENT OF COSTS. In ~dltll,)n to !hi princlpel and lnler..1 plymenlS speclrlld abov.. IhO Under.lgned ,:'aM pay 10 the Bank or .ny oth.r holder hIftof. upon demand. all coat. and .ape,.... (IncJudlng r..aonabie anorney,' ree. and legal 'llpen.a.) whlcn m.y bt incurred by the Bank or .uch holder in Ih. cUSlody. p,.MtvaUon, UN. opsrauon. ~~eUon tor .... or Nla 01 th. CoIlal"" or lhe e"fOfcem.nl upon d.leul1 of lhie not.. Said eo.lI ahaUlnclud. reuon.bl. anornaV" f... and COlli In blnkNptcy ~ OMdlngt. AIIo Ioc&oo. ,... In'tlfed lot any legal Iclion in ,elaliOn 10 Ihe loan transactlon (1.1. being jOined in any .ction betw..n our borrower and a 3rd patty). DEFAULTS. Thl Undaralgned Ihall ~ In del.Lit hereunder upon the occune"C8 0' .ny of the lollowlng ",.nts: (a) the nonpayment when due alany lIlTlOUnt p.I'f~. on any 01 IhI U.biutl... or the laUure of ant Obligor to observe 0' pclr10rm any .gr..m.nt ot any nllute whatsoever wllh tN Bank (lhe lenn "Obligor" u UMd ht,ein being tnNI1t 10 In- dude the Und4tratgned and all p.-sona IICOndel1ly liable on Ihis nol. Of any ,enewala. .lCt.n.Iona, or modification thll'lOf, .uch . endotMt8 Of ~anlor'l); (b) If any Obl'Vot bIcom" Ineotvent Of mall" an IlIlgnmenl for the benelit of crltditot1. or If any petilion I. filed by or 'O.'n'l .ny Obligor under any provi.lon at any IIW or Itllm. alleging tl\1' .uch Obllgot I. lNotWnt or unabl. to pay d.bl. II thuy malure; (e) the enlry 01 ..,y Judgmenl 'gIlln.1 any Obligor Of the INuing 01 any anachmenl at Qlmlahmenl ag&lnll any property 01 any (J)ILgor or the QlXurence 01 .ny Change In Ih. fi....ncllll condllion of any Obligor which In Ihe sote judgm.nl 01 the Bank II matlflllly idYIrM; (d) the dilloluUon. merger. c:onlOlidatlon Qt reorganlulfon 01 Iny Obligor which I. a eorporahon or par1ner'hip; (al the death of any Obl~ who Is. natural person; (r) any InlOfl'nlUon Mrewlor. or her,inaner fumltned to th. Bank by any ObllQOr In connection wllh Ihe loan ....idenced her.by Of .ny guar.nly ahould be malerlllly fal..; and (g) lh. lallUle at any Obligor 10 fur- tUah such nnandal and 0111" Inform.tton U 111. Bank mav reasonably requ.st. ACCELERATlCW AND ENFORCEMENT RIGHTS Wh.n....., th. Undsr'lgned .hall be In del.ult IS .roresald. (1) unle.. th. Bank elect. otherwrill, lhIenUre unpald amounl 01 lOCh of the UablIiU.. .. It. nol Ih.n due and payabl. Ihall become lmmctdlllety due .nd payable wilhout neUce to or demand on any ObUgor; and (2) the Bank may allll 0p- tion eleercl.. from Um. to UP\I any or all righll and remedl" I"ailabl. 10 II under th. pennsytvanll Unllorm Commercial Code Of olh,rwi" available 10 .. lneludlng 1M rignl to dispoll of th. Coll.teral .1 publiC or privat. MIe(II) or olh,r pnxeedmgl. and lhe Undersigned agr... Ihst th. Bank or III nomll'" m.y becom. th. putchaHt at .ny IUCh 1011(')' The UnderllQned nlv_ .U r'ghllo .lay of eleculion .nd ellempllon ot p'operty in lI'Iy action to enlorce .ny or the Ulbilill... APPLICATION OF cou.A.TERAL The proceeda or .ny Cotlaler.1 received by thl aank .tl1'lY lime belo,. or IIl.r del.ult whelhar from aale of ColI.lIral or ol.hlltwl... m.y be epptied 10 Of on ~nt of Ih. paym.nt 01 luch at thl UlbIUIl81 .nd In .uch ord.r IS lh. Bank m.y elect. e.ch of th. Undlrtlgled 10 the exlll'll thai he hu IlT'I right, title or Int,r.111n Iny of !hi CoIIallr.l. w.iv.. and r.I.... .ny right 10 require the Bank 10 collect any of the UablliUe. Irom any 01 the CoUalerll un<*' .ny 1hIofy or ~a1l1ng 01 ....... 0' otherwi.., and II*=11lc.11y aulhorl.l:.. the Bll'lk 10 .pply .ny 01 tne Collal.,.1 In which h. hat . rlghl. tlUe or Inll'lIllQ.lnlt any of the UablllUn In I/f1 man.,., thai it mIIY det.rmlne. JUDQMENT. The Undertlgn.d does h.,.by aul"Ofll1 .nd empow.,.ny .1l0fnlty of .ny Cour1 or Record of Penntyfvsni. Of .Iaewher. to ap~r for and Intlf tudgmenl egaln" ~nd.rtIO'1ad 10' Ih. .boV. .um. WIth or wllhoul declaration. wllh cosl. 01 .uit. Including ntucnable attorney', fe.. and I... In Mt'ikruplC'f j.1roeHdlnga, If any, '11.... of ."on. Wllhout .,y of ...cullOn. .nd WIU\ fln..n (15'10\) pelclnt. added tor collection lee'; and the Undaraignld further .gr... lhal 18&1. pcI~ or miMed prop<<ty may be IOkt upon arty wrtI of ..ecutlon II nON or h"..ttlt provided by law Of Ih. Pe"n.ytvlllia Aul.. of eMI Procftdutl governing th. enloreem.nl 01 tudgmenta; and UndI"iOned hlteby ........ and ,e1.... an ,.Ilal from any apprll...ment, .tay or .1lImptlon law. 01 any .tll. now In 10fea or herean. .nacted. If e c:opy hereof, Y8rltItd by aMdavtt, ahaJl "..... bien nled In .ud1 proceeding. II .nall not be na~t.NrY 10 ,'lit the Qflglna.l a. a weHanl or .norntry. The Undlrllgnld (.nd each 01 them. n more thlll"l Of'1.) h"'b>/ ..tye, the rtght to any .tay 01 ..ecutlon end Ihe ben.fit 01 .11 ...mpuon law. now 0' h.reafter In eHlKI. No lingre e.ercill' of Ihll w.rrant lI'd powe' 10 coni... Judgmenl Ihall be c'MmIM to exh.u.' thla powe'. wne!har Of not any auch ..erc... Ih.1I be h.ld by .ny ccur1 10 be Invalid, "Iolable or void. bul!hl. pow" ahall continue undlmlnlahld and m.y be 'll"C,. ed from time to time .. onen u Sank "'all .Ied unlll .11 lum. due hereunder .,all h.ve been plld In lull. W/SCELLAUEOUS. Arty railur. of the Bank to ,1l.rCI" any rl!tlt h".und.r .hall not ~ ton.troed at . w.lver or the right to ...rct" the ..ma or lI'Iy other I~I at lI'Iy oth., tNnI. 11 the Undersigned cont.l,ts of more than ",. perlOn. .uch peraon. th.1I be joJnlfy and .....'.Ity lIabll hereund.r. The Undtr.ignld lnlent:e Ihl1 to be . ....Id Inlln.lIn.,,1 and 10 be IlQalt)' bound hereby. AUI..u.. Itl.lng h".under .nall be go..."ned by tha law I 01 P...nlY: I.. ~~~~ ~ R~ (SEAL) , INC. N (SEAL) (SEAL' (SEAL) N Add,... Clt; Sllte 2lp ."" ~j:i. , .~ , . f,.c I l: "j:' ..aL" e 1 , DAUPH7N DEPOSIT BANX AND TRUST IN THE COURT or COMMON PLEAS or COMPANY CUMBERLAND COUNTY, PENNSYLVANIA Plaintitt . . . . CIVIL ACTION - LAW . . v. I NO. . . CONSOLIDATED MECHANICALS, INC., WEST SHORE TAXI COMPANY and EMERALD GREEN LAWN CARE COMPANY . . CONFESSION OF JUDGMENT . . Defendants CONFESSION OF JUDGMENT By virtue of the authority conferred by the Mortgage Bond, a copy of which is attached to the Complaint filed in this action, I appear for the Defendant and confess judgment in favor of the Plaintiff and against the Defendant in the sum of $54,597.79, with costs of suit. c;; ~ insky, Jr. Attorney f Defendant by virtue of the authorization contained in Note r- ~ ~ .:) i)q "" '1 <:"" \J ...... I..'} v ~ '"" C' 4J ;)- - .... 'V 1 ~ i != ~ ~ ~ C'lI >- l - .~,... ~ -,~ '~; ...-,~ ,. r'" ~ Q.. ,~, .... ~ "" ,. ~. ",..:1"';.'-' .. -. . c:."J ~\ , s:- r..',:) t- " C- ~ '-, . . = ., ~ . 5. On or about December Z7, 1991, Defendants, for good and valuable consideration made, executed and delivered a Commercial Loan Note to Plaintiff in the amount of One Hundred Eleven ~hou- sand Seven Hundred Fifty Seven Dollars and Thirty Seven Cents ($111,757.37) plus interest thereon. A true and correct copy of said Mortgage Bond is attached hereto, made a part hereof and marked Exhibit "A". 6. The Note referred to in Paragraph 5 above has not been assigned by Plaintiff to any person or organization. 7. Judgment has not been entered on the Note referred to in Paragraph 5 above in any jurisdiction. e. Said Note provides that Plaintiff may confess judgment against Defendants for the penal sum [of One Hundred Eleven Thousand Seven Hundred Fifty Seven Dollars and Thirty Seven Cents ($111,757.37)] with costs of suit, including reasonable attorneys' fees and with fifteen percent (15') added for collec- tion fees. 9. As of October 5, 1994, Defendants are indebted to Plaintiff as follows: Unpaid Principal Interest thru 10/5/94 Collection Fees TOTAL $ 47,495.00 $ 52.79 $ 7,050.00 $ 54.597.79 -2-