Loading...
HomeMy WebLinkAbout95-05189 P\fIUiS\DAT^F1LIN1ENOO(9)\lI')'~ p~" l)eUe4, 1~19t95011616^M Rn'iMd Ilf0\V9~ 01 ,.. U AM . KATHLEEN H, FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA v. NO, 95-5189 CIVIL CIVIL ACTION - LAW BUSINESS AIRPORT OF CARLISLE, INC, IN CONFESSION OF JUDGMENT Defendant DEFENDANT'S PETITION TO STRIKE OFF OR OPEN CONFESSED JIIDGMENT AND STA V OF EXECUTION PURSUANT TO PA R C P ~ 2959 AND NOW comes the Defendant, Business Airport of Carlisle, Inc" by and through its attorneys, MARTSON, DEARDORFF, WILLIAMS & OTTO, and respectfully requests This Honorable Court to strike off or open the confessed judgment and to stay any execution thereon, and in support thereof, states as follows: \. Defendant Business Airport of Carlisle, Inc. is a Pennsylvania business corporation with a place of business at Petersburg Road, Carlisle, and a mailing address of P.O, Box 273, Carlisle, PA 17013, 2. Plaintiff Kathleen H, Fisher is an adult individual with a mailing address of 1234 Asper Drive, P.O. Box 297, Boiling Springs, PA 17007. 3. On September 28, 1995, Plaintiff commenced the above captioned matter by filing, inter alia, a complaint in confession of judgment. hereinafter referred to :IS the "Complaint". A copy of the Complaint is attached hereto and marked as Exhibit" A". 4. On September 28, 1995, subsequent to the filing of the Complaint, a confession of judgment was entered against Defendant and in favor of Plaintiff in the amount of $168,182.35, hereinafter referred to as the "Confessed Judgment". A copy of the Notice of Entry of Judgment evidencing the Confessed Judgment is attached hereto and marked as Exhibit "B". 5, The Complaint and Confessed Judgment are based upon a note dated August \, 1991, and allegedly made by Defendant in favor of Plaintiff for the amount of $164,436,39, hereinafter referred to as the "Note". A copy of the Note is attached hereto and marked as Exhibit "C". 6. This petition has been filed promptly after the entry of the Confessed Judgment. " '.. I PETITION TO STRIKE OFF 7, Paragraphs I through 6 are hereby incorporated by reference as though set forth herein at length. 8. The Confe3sed Judgment should be stricken or opened as having been entered in a grossly excessive amount, contrary to both the terms of the Note and the averments of the Complaint, as follows: (a) Despite the lack of any slated rate of interest in the Note, the Confessed Judgment includes interest; and (b) Despite the lack ofa provision in the Note providing for the acceleration of payments, the Confessed Judgment was improperly calculated and entered based upon an acceleration of payments; and (c) The warrant of attorney provision in the Note appears to permit the confession of judgment only on the sum due or past due (plus a percentage thereof for costs), not the entire amount alleged to be payable under the Note, Plaintiff, in paragraph 6 of her Complaint, mischaracterizes the warrant of attorney provision by adding, parenthetically and self-servingly, the amount "($164,436,39)" directly after the tenn "sum" while purportedly quotinlJ said clause, when, In fact, no such amount is stated in the actual section of the Note being quoted. Indeed, an examination of the entire Note illustrates that the term "sum" is used only in connection with the monthly amounts due, not the entire principal amount as Plaintiff suggests; and (d) Plaintiff's computation of collectable attorney's fees which was included in the Confessed Judgment was based upon an improper acceleration as noted above in 8(b) and an incorrect "sum," as noted above in 8(c); and (e) The figures used in paragraph 8 of the Complaint to calculated the Confessed Judgment are inconsistent with the Note and Plaintiff's own pleadings as follows: (i) Paragraph 8(a) of the Complaint avers the principal amount due as $164,039.65. However, the amount printed on the top portion of the face of the Note appears to be $164,436,39 and there is no explanation provided for the difference in these amounts; and '. (ii) Paragraph 8(b) of the Complaint avers that thirty-nine (39) payments have been made totaling $17,794.04, Using Plaintirrs own amortization schedule, the amount which would be due after thirty- nine (39) payments is $146,241.96. However, the letter attached to and marked as Exhibit "B" to Plaintirr s Complaint alleges that only $145,\40,60 remains due and owing under the Note, which balance appears to correlate with balance due after forty-one (4\) payments have been made as set forth on Plaintill's amortization schedule. (f) Plaintirrs use of incorrect and inconsistent numbers throughout the Complaint and in calculating the amount of the Confessed Judgment are further compounded as the computations for collectable costs are based such incorrect and inconsistent numbers; and (g) The amortization schedule apparently used by the Plaintiff in computing the amount of the judgment entered is inconsistent with the terms of repayment of the Note In that the Note calls for payments beginning thirty (30) days after date (which would be August 31, 1991) and every thirtieth of month thereafter, but the amortization schedule is based on payments beginning September I, 1991 and every first of month thereafter. 9. The above cited matters involve clear defects in the entry of confession of judgment as such entry was beyond the terms of the warrant ofattomey, grossly in excess of any amounts due under the Note and contrary to the very facts pled by Plaintiff. WHEREFORE, Defendant respectfully requests that This Honorable Court grant a Rule against Kathleen H. Fisher to show cause why the confession of judgment entered September 28, 1995 in the abcve captioned action should not be stricken; meanwhile all proceedings to be stayed. II. PETITION TO OPEN 10, Paragraphs I through 9 are hereby incorporated by reference as though set forth herein at length. . . II. On August I, 1991, the date on the Note, Plaintill's late husband, F, Gene Fisher, was president, and her daughter, Yvonne Scholl, was secretary of Defendant, Said Yvonne Scholl remains secretary, 12, The Note was apparently executed on behalf of Defendant by Plaintill's late husband and said daughter in their capacity as corporate officers, Said officers had a fiduciary duty in their dealings with Defendant, 13. Upon entry of the Confessed Judgment, Defendant, in an attempt to determine the validity of the Note conducted, through its current management, a review of the available corporate records for the relevant time period, 14. As a result thereof, Defendant believes that the Note is the result of fraud, the breach of the fiduciary duty between the signors of the Note and Defendant, and that the Note lacks consideration and/or that the amount thereof was fraudulently or otherwise overstated. 15. Defendant has requested from Plaintiff and\or her agents, substantiation of the underlying consideration for the Note. In response, Plaintiff and\or her agents provided Defendant with documentation that indicated that the Note was provided in consideration of funds loaned to Defendant by F. Gene Fisher, Plaintiffs late husband, part of which were for Defendant's purchase of real estate from Ivo V. Otto, Jr, and S. Katherine Guy (the "Guy Property"), part for Defendant's purchase of real estate from one "Yana," part for other improvements, and part for the purchase of Defendant's capital stock from Carlisle Corporation. In particular, Defendant has been supplied with copies of four (4) checks, drawn on the account of said F. Gene Fisher. Copies of these four (4) checks are attached hereto and marked as exhibit "D," 16. As the funds alleged to have been provided to Defendant in consideration for the Note all appear to have been provided by the said F, Gene Fisher and not by Plaintiff, there is no evidcnce of legitimate consideration for the Note payable to Plaintiff, 17. Even if Plaintiff had loaned Defendant the funds alleged to be the consideration for the Note, which is denied, the records available to the Defendant do not substantiate Plaintill's claims regarding the alleged consideration for the Note but further support Defendant's belief that the Note Is the result of fraud, the breach of the fiduciary duty between the signers of the Not~ and Defendant, that the Note lacks consideration, and/or that the amount thereof was fraudulently or otherwise overstated as follows: , , (a) Purchase of the Guy Property by Defendant, for which $70,000.00 of the proceeds from the alleged loan were allegedly utilized was concluded on October 20, 1988, almost three years before the date of the Note, and (b) The Guy Property was purchased for $80,000. A copy of the settlement sheet for the closing is attached hereto as Ellhibit "E"; and (c) The Commonwealth of Pennsylvania provided Defendant with a reimbursement grant in the amount of $61,803,67 for the purchase of the Guy Property. A copy of the January 13, 1989 letter forwarding said grant is attached hereto and marked as Exhibit "F"; and (d) Thl' r-;;ceipt of said grant funds are nowhere accounted for in the Defendant's financial books for this period, which books were controlled by Plaintiff's said late husband and daughter during such period; and (e) The remaining three (3) checks provided by or on behalf of Plaintiff to evidence the underlying loan for the Note otherwise do not support the consideration set forth in the Note, as: i) Check number 1113 for the amount of $l!6,614 was for the purchase of Defendant's stock by f, Gene fisher individually, not by Defendant, from the Carlisle Corporation and as such does not represent funds provided to Defendant; and Ii) Neither the amounts nor the dates on the checks have any correlation to the amount alleged to be the amount of the Note nor to the date on the Note. 18, The corporate financial records of Defendant for this period of time which are available to the Defendant do not support the claims of Plaintiff. 19, It is believed, and therefore averred, that many of Defendant's corporate records relevant to this period are being held by Plaintiffs said daughter, who remains secretary of Defendant, A request has been forwarded to said secretary for the return of these records, 20. Lack of consideration for the Note constitutes a meritorious defense to the underlying action. 21. Fraudulent execution or overstatement of the amount of the Note constitutes a meritorious defense to the underlying cause of action, 22, Breach of fiduciary duty in the execution of the Note constitutes a meritorious defense to the underlying action. I YERIFICA TION Mary Anne Adams, who is an officer of Business Airport of Carlisle, Inc., acknowledges that she has the authority to execute this Verification in behalf of Business Airport of Carlisle, Inc. and certifies that the foregoing Defendant's Petition to Strike Olfor Open Confessed Judgment and Stay of Execution Pursuant to Pa, R.C,P. ~2959 is based upon information which has been gathered by counsel in the preparation of the lawsuit, The language of this Petition is that of counsel and not my own. I have read the document and to the extent that the Petition is based upon information which I have given to my counsel, It is true and correct to the best of my knowledge, information and belief. To the extent that the content of the Petition is that of counsel, I have relied upon counsel in making this Verification, This statement and Verification are made subject to the penalties of 18 Pat C.S. Section 4904 relating to unsworn falsification to authorities, which provides that if I make knowingly false averments, I may be subject to criminal penalties. BUSINESS AIRPORT OF CARLISLE i",', I ~~~~-Il-&c~ Mary Anne Adar4J ' V, a f?'-<:~ll' j( ,\.--1:. /J f}-,2.-H'J l7l,j ,./it <' L,_ 1-;, '?1 '. , . CERTIFICATE OF SERVICE I hereby certifY that a copy of the foregoing Defendant's Petition to Strike Off or Open Confessed Judgment and Stay of Execution Pursuant to Pa, R.C,P, ~2959 was served this date by depositing same in the Post Office at Carlisle, P A, first class mail, postage prepaid, addressed as follows: Brett D, Davis, Esquire McNEES, WALLACE & NURlCK 100 Pine Street P.O, Box 1166 Harrisburg, PA 17108-1166 MARTSON, DEARDORFF, WILLIAMS & OTTO BY_(^)\O~ P~4- Stephen L. Bloom, Esquire W. Darren Powell, Esquire Ten East High Street Carlisle, PA 17013 (717) 243-3341 Attorneys for Defendant Business Airport of Carlisle, Inc. Dated: NoveaDer 8, 1995 i'i; 1.0 c:; Ln ~ !iJ r5.< ~~; , ) ',. "- \...J ;,~ 0L u_ r)::J N >::-.- r-- .' (,) U': ._~:J:,': [El~' rc- -,. lX' I fitt) j-!: ll-J trlu. L1.. It. V'l ::j 0 c;. (,) MCNEES, WALLACE 6: Nunlct( 100 riNK: BTn~e:T ... O. .011 II.. UARRIBDURO. PA 17108 J' . KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. 95-5189 CIVIL CIVIL ACTION - LAW v. BUSINESS AIRPORT OF CARLISLE, INC., Defendant ANSWER TO THB PBTITION TO STRIKB OFF OR OPEN CONFESS JUDGMENT AND STAY OF BXBCUTION TO Pa.R.C.P. 13959 AND NOW COMES Plaintiff, Kathleen H. Fisher, by and through her attorneys, McNees, Wallace & Nurick, and respectfully requests this Honorable Court to Deny the relief requested on Defendant's Petition to Strike Off Or Open Confess Judgment and To Stay Execution pursuant to Pa.R.C.P. ~2959. 1, Admitted. 2. Admitted. 3. Admitted. 4. Admitted. 5, Admitted. 6. Admitted. 7. No response required. 8. (a) - (e) Der..ied. (a) Denied. It is admitted that the Note does not state a specific interest rate. However, the Note is scheduled to be paid in One Hundred Eighty (180) monthly installments of One Thousand Seven Hundred Sixty-Seven Dollars and Four Cents . '. ($1,767,04). Interest at the rate of Ten percent (10%) per annum has been calculated into the installment payments. (b) Denied. It is averred to the contrary that the Note provides for the acceleration of payments. (c) It is averred to the contrary that the Note permits for the confession of judgment for the amounts set forth in the Plaintiff's Complaint and as further stated in the Note. (d) Denied. Plaintiff is aware that a typographical error is set forth on the Complaint which has affected the calculation of the amounts due, The effect of error does not materially alter the validity of the Note and Judgment. (e) Admitted in part, denied in part. (i) Admitted, The Plaintiff's Complaint unfortunately contains a typographical error which inaccurately states the principal amount due as set forth in paragraph Sea) of the Complaint. The correct principal amount due is One Hundred Sixty-Four Thousand Four Hundred Thirty-Six Dollars and Thirty- Nine Cents ($164,436.39). (ii) It is admitted that Paragraph S(b) of the Complaint avers that Thirty-Nine (39) payments have been made to Plaintiff totalling Seven Thousand Seven Hundred Ninety-Four Dollars and Four Cents ($17,794.04). It is further admitted that the Plaintiff's amortization schedule attached to the Complaint indicates that the amount that would be due after the Thirty-Nine - 2 - -, " (39) payments would be One Hundred Forty-Six Thousand Two Hundred Forty-One Dollars and Ninety-Six Cents ($146,241.96). It is further admitted that Exhibit "B" to the Plaintiff's Complaint alleges that One Hundred Forty-Five Thousand One Hundred Forty Dollars and Sixty Cents ($145,140.60) remains due and owing correlates with the b~lance due after Defendant made Forty-One (41). The Plaintiff avers that it originally believed that Forty-One (41) payments had been made by the Defendant to Plaintiff, under the Note. plaintiff, after receiving the within petition has reviewed her business records and also the records of the Defendant and determined that Defendant is correct, and that Forty-One (41) payments have been made by Defendant to Plaintiff under the Note. (f) Admitted in part, denied in part. It is admitted that plaintiff has used inconsistent numbers as a result of a typographical error and the wrong number of payments made and as a result thereof, Plaintiff agrees to amend the Judgment to reflect the changes in the calculations. The changes in the calculations do not materially affect the validity of the Judgment and the Note. (g) Admitted in part, denied in part. It is admitted that the Plaintiff attached an amortization schedule to its complaint. Defendant'S reference to the date of commencement of - 3 - payments is irrelevant since the amortization was only intended as an example of the breakdown of the amounts due. 9. Denied. Tha averments of paragraph 9 are conclusions of law to which no response is required. To the extent a response is required, said averments are denied. 10. No response required, 11. Admitted. 12. Admitted. 13. Denied. Defendant is without sufficient information or knowledge concerning the Defendant's review of corporate records, and proof thereot is demanded. By way of further answer, plaintiff helieves that the Defendant did not review its corporate records since it would have determined that the Note is valid and it is supported ample consideration. 14. Denied. It is averred to the contrary that the Note was not executed as a result of fraud or breach of fiduciary duty between the signors of the Note and the Deiendant. plaintiff also avers that the Note is supported by ample consideration. 15. Admitted with clarification, It is admitted that the Defendant requested verification of the amounts due under the Note. It is further admitted that the plaintiff forwarded certain documents to plaintiff to support the validity of the Note. Ironically, additional supporting documentation remains in - 4 - . the possession of the Defendant which Plaintiff has recently reviewed with Defendant. 16. Denied. The Note was executed to evidence certain loans made to the Defendant by Eugene Fisher, the Defendant's former President, for the purchase of certain properties, namely Guy property and Yama property and for certain improvements made to the Defendant's business location. 17. Denied. It is averred to the contrary that the Note was not executed as the result of fraud and furthermore, the Defendant's records support the validity of the Note. (a) Admitted. (b) Admitted. (c) Admitted. (d) Denied. It is averred to the contrary that grant funds were deposited in Defendant's bank account at Dauphin Deposit Bank and Trust company immediately after the grant was received by the Defendant. (e) Denied. It is averred to the contrary that the transactions referenced in the within Petition are namely for the purchase of Guy Property, the Yama Property and the improvements. lB. Denied. It is averred to the contrary that the Defendant's corporate records for the above noted transactions substantiate the validity of the Note, - 5 - , , 19, Denied. It is averred to the contrary that the Defendant's daughter does not have possession of the Defendant's business records for the time period in question. It is averred to the contrary that the Defendant has retained all of its business records, including those records which correspond to the time period and transactions in question. 20, Denied. The averments of paragraph 20 are conclusions of law to which no response is required. To the extent a response is required, said averments are denied. 21. Denied. The averments of paragraph 20 are conclusions of law to which no response is required. To the extent a response is required, said averments are denied. 22. Denied. The averments of paragraph 20 are conclusions of law to which no response is required. To the extent a response is required, said averments are denied. 23. Denied. The averments of paragraph 20 are conclusions of law to which no response is required. To the extent a response is required, said averments are denied. - 6 - ~ . ..', . . CBRTIFICATB OF SBRVICB I hereby certify that on this 12th day of February, 1996, a true and correct copy of the Answer to the Petition to Strike Off or Open Confess Judgment and Stay of Execution to Pa.R.C.P, 2959, was served by United States first-class mail, postage prepaid, upon the following: Stephen L, Bloom, Esquire W. Darren Powell, Esquire MARTSON. DEARDORFF, WILLIAMS & OTTO Ten East High Street Carlisle, PA 17013-3093 Bret D. av Attorney I.D. No. 62668 100 pine Street P.O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 Attorneys for Kathleen H, Fisher SHERIFF'S RETURN . REGULAR CASE NOI 1995-05189 P COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND FISHER KATHLEEN H VS. BUSINESS AIRPORT OF CARLISLE STEVE WHISTLER , Sheriff or Deputy Sherif! of CUMBERLAND County, PE'nnsylvi-lni<l, who being duly SWOIIl 'lccording to law, s<lye, the within NOTICE OF ENTRY OF JI,JDGMENT_____. was sE'rved upon BUSINESS AIRPORT OF CARLISLE INC thE' defendant, at 908:00 HOURS, on the -1.t.h day of Octobel' 1995 at 469 EAST NQRTH STREET SUN CONNECTION CARLISLE, PA 17013 ,CUMBERLAND County, Pennsylvania, by handing to MAliX.-ADAMS. OFFICER OF ABOVE COMPANY a true and attested copy of the NOTICE OF ENTRY OF JUDGMENT together with COMPLAINT IN CONFESSJONOF JUDGMENT and at the same time directing H..r attention to the content a thereof. Sheriff's Costs: Docketing Service Affidavit Surcharge 18.00 2.00 .00 2.00 So an~~.t:~ ~,omaBnl1nf.>' ,) ,el'lif 122.80 MCNEES WALLACE AND NURICK 10/05/1995 bY.~ Sworn nnd uubscribed to bQlore me this I~ ~ day of ~:L_____.. 19 9( A.D. --~t..-q..r~(Ti~"--------- KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO , 76 j- I S '/ (I'/V'Lt_ v. BUSINESS AIRPORT OF CARLISLE, I INC. , CIVIL ACTION IN CONFESSION OF JUDGMENT Defendant NOTICE OF ENTRY OF JUDGMENT BY CONFESSION To: Business Airport of Carlisle, Inc., Defendant You are hereby notified that on jLb.l ). X L V aga~nst you in the sum of , 19!/!J judgment by 9Onfession was entered /IX 1e'1?i~ $~ in the above-captioned case. DATE I q- }\-1tJ \. _P~ YOU SHOULD TAKE THIS' p~K UR LAWYER AT ONCE, IF YOU DO NOT HAVE A LAWYER OR CANNOT AFFO ONE, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP. COURT ADMINISTRATOR 4TH FLOOR, CUMBERLAND COUNTY COURTHOUSE CARLISLE, PA 17013 (717) 240-6200 I hereby certify that the following is the address of the defendant stated in the certificate of residence I P.O. BOX 100 1285 RITNER HIGHWAY =L"IBi; ~OYl Attorney for PLaintiff KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA v. NO. CIVIL ACTION BUSINESS AIRPORT OF CARLISLE, INC. , Defendant IN CONFESSION OF JUDGMENT COMPLAINT 1. plaintiff is Kathleen H. Fisher (hereinafter "Plaintiff"), an adult individual with a mailing address of 1234 Asper Drive, P.O. Box 297, Boiling Springs, Pennsylvania 17007. 2. Defendant is Business Airport of Carlisle, Inc. (hereinafter "Defendant"), is a Pennsylvania corporation whose last known mailing address is P.O. Box 100, 1285 Ritner Highway, Carlisle, Pennsylvania 17013, 3. On or about August 1, 1991, Defendant executed and delivered to Plaintiff, a certain Judgment Note (hereinafter "Note"), in the principal amount of $164,436.39, plus interest at the rate of 10% per annum, in consideration of a loan in that amount made by Plaintiff to Defendant, A true and correct copy of the Note is attached hereto, made part hereof and marked Exhibit "A". 4. Defendant has caused an event of default to occur under the Note by failing to make pa~nents under the Note since January, 5, 1995. 5. As a result of the Defendant's default, aforesaid, the Plaintiff demanded payment of the sums due under the Note. A true and correct copy of a demand letter is attached hereto, made a part hereof, and marked as Exhibit "B". 6. The Note authorizes Plaintiff to confess judgment against Defendant for "the above sum ($164,436,39) with or without declaration, with costs of suit, release of errors, without stay of execution and with 15% added for collection fees.. ." 7, The Note provided that the Defendant was to pay the principal balance over fifteen (15) years in equal monthly installments of $1,767.04. Interest is calculated at the rate of 10% per annum. An amortization schedule is attached hereto and marked as Exhibit "C". 8. The total amount due Plaintiff by Defendant under the Note is computed as follows: (a) Principal amount due $164,039.65 plus interest at the rate of 10% per annum (b) Minus payments (39) $ 17,794.04 (c) Plus fifteen percent (15%) for collection fees $ 21.936.74 (d) Total amount for which judgment is confessed $168.182.35 * Interest is accruing under the Note at the rate of 10% per annum. 9. The Note was executed and delivered to Plaintiff by Defendant in connection with a business or commercial transaction and does not involve a consumer transaction. 10, Judgment has not been entered on the Note in any jurisdiction. 11. The Note has not been the subject of any assignment and Plaintiff, at all times, has been the owner and holder thereof. WHEREFORE, Plaintiff demands judgment against Defendant in the sum of One Hundred Sixty-Eight Thousand One Hundred Eighty-TwO Dollars and Thirty-Five Cents ($168,182.35), plus interest at 10% per annum from January 5, 1995, together with all costs and expenses as permitted by law. ::NEft;nr ():"'CK Brett D, Davis Attorney I.D. No. 62668 100 pine Street P. O. Box 1166 Harrisburg, PA 17108-1166 (717) 232 -8000 Dated: ~.'11- q{ Attorneys for Plaintiff - 3 - EXHIBIT A ..A....- -,,-,,::1 P"R1: e :.:5:1. .w:u::._ ...",r<.-.....",I ...... -....--..--- 1..- -- .. ,-(: -t t ....-- II e ~~~j:~~qafter date and everv~~:-'~I:h ~~~~'i;t~'~~lIlO11\lMl~ \0 the order 01 1fA....,_ N PlaNa". ""n l "11 Rpt'I"g- r PIl lot the C; aNI Bank,NA I A_"-~ ,,' , , the 1\111\ of s...-."-' ""I\A~ "l.....)' ~ "".. 1:W,-.::/,nn DOLLARS w_ ..,....,...~ -... 'M 1 AN 'Ir' .. ...... ......... .... ....." ... ......, If ..., ..." .. ........ ., ......1...1.. ., ....Mrt. .. ......, ... ... ,...'" ,........ .,.,... Iff .., ~ ..... _,u. at JIi'....~..,.,..... .1" ... .. MIl.. r..... .. .,""' ."...... .w. ., ......... ... -,.. " "" "" _ ,.. ......,.... ''''' ...... _ ....,: A't .1tIP':'...I...w..... .. .., .... _ 1M' ..., -- ""... _ .. o0?iooi 1M,......' ... .. ..,.w ....M"P. ....... ... ..... ... .....1~'Irlr:"..~ f-"-"'~ ~ ... ,ht I. .,. ..... ",..W' ............ .... ~........., ..... 1M' .... .... ...." _ .. .... .. . A. .... ~.. -. I\ii~ i'l/!" .... ....... on "'lot ,_ .., ... 011 ,""1_~ _ ...-- .... II .., ....., ... I. ...... . ........ II' .. ~...., I , \~ \ ' WmUl' .. ~f .~ \~\ Ek1Jl~99 Ai~_rt of Car~ie18)nC'~IAL - _I ".....~. : =:3 .. ~~q-~. ~p-:;..J.-'lt lEAL .,~~. "'1:1 .-'Ii ' ~, ,~ ."j LlVbhlfl J:r. I'/~N'" ~.~~.., 'SIAL '',.-_... /'" J ' ~''''_~' leAL "...., .11' .... I J ! ' , , . " .' "VOI '3~ '" " " , , , , , " , .' . , '. ':. . , , . EXHIBIT B ...vcto.~'t' A&..AHR.IO'l''''IClH..lR. t""L~ fIIOK," 14 CHtMY WlWAM A '"[&Hun DloVlO. ClSNly MCNAlLA OOClilllOW IUl.o\KfH A OOUOHIR"" KAR'VC1' 'AUDl.NIlAO ......,..Ul.-'.fI 'MHC"..HM.I.,"",. w. ,J["""'.IAMOUN(AU WCHAlL Q .wIMAN DloVlO 14 flU~HOI" KIINAROA ~'..JR DD.AHO M. LAH" ~ ~ McNEES, WALLACE & NURICK ATTORNE:Y5 AT lAW FILE COPY ~RU'tvtR [WIIo'IOtUHw.N '''."rOC. ""''''I'M 'MNIWH A MKotl..J" MlM.," A MILL' ,T[,"l"'A ..-coAt H["'," " NV"<M JOHNS O'I'LU TIMOTHY,J HIli'" ~A"'In" IDWNllOw AOfHMoAH D'NAlTlVt....ICAOuTO ~'" D .'tl, IIICHNIO. III'I'NIOH OIAHl M. I~'l' ~'IlDM ""'''',..1'' 100 PINe STREET P. O. BOX 1166 .Il-V[Ii.J W[lffGARI[N Nt.t.L' we.I NOAIoCAHI,WHIIl VWRC:HC' A WI[OCA IJ,IA'\'r '[NJlOw'IIII 'M~llAM M 'OUNG.JIt HARRISBURG, PA 17108-11116 TUlPHONll1111 lJl'8000 rAJCI717Il37'~JOO or C()jNS(" ROIJ(AI H GAlSo/IIQ.C aAMUllA t.CHR[CI'.[No.-UlI. ..IR fJIICH AIHtY DAVID M &AMt" .IOH41HANC HMY PlII C ~VI' JAto4[a P OIANCIllO .JAMU P OOVQHtATY MfHlUN A DUN" ~A' J GOOUIO July 27, 1995 George F. Gardner, CEO Business Airport of Carlisle, Inc. PO Box 100 1285 Ritner Highway Carlisle, PA 17013 seOlTA GOULO P NCHov.a OUA"'<<KHtw IItOK"T Q HMI IINMN'. ..IACK&ON OON~. KAUf'MAN "'CHAtL" IltLLt't' PlW" MlIKll ,J.Ulfl.IIUf' CAMtt.U: c. MAAION ~",PMTOff CHUOHO H ,...... ..I0H41HAHH MiOO MUCt ".l"ICl" CAAOL Ii.. ,IllfofQUllt CAIHt_Nt t. .....fPII otMICK IP - "\I'HIOH VIA UlQ'U'.l.llIJ J\ND FIRS'1'-a.l\SS MAIL Re: KATHLEEN H. FISHER v. Business Airport of Carlisle, Inc. Our File No. 16928-0001 Dear Mr. Gardner: Please be advised that the office of the undersigned represents Kathleen H, Fisher ("Fisher"). On or about August 1, 1991, Business Airport of Carlisle, Inc. ("Business Airport") executed and delivered to Fisher a certain judgment note ("Note") in the principal amount of $164,436.39. Payments were to commence August 30, 1991, and continue thereafter, each and every month on the 30th of the month, for fifteen (15) ye~rs in the amount of $1,767.04. Since payments have not been received under the Note since December 30, 1994, the Note is now due and payable. In order to satisfy the obligations evidenced by the Note, it is now necessary for you to remit payment in the amount of One Hundred Forty-Five Thousand One Hundred Forty Dollars and 60/100 ($145,140,60) to Fisher, In ord~r to avoid further legal action, payment must be received by August 5, 1995, If the obligations evidenced by the Note are not satisfied by August 5, 1995, Fisher will file a complaint in confession of judgment (the "Complaint") and enter judgment against Business Airport. The judgment entered will act as a lien on the real property of Business Airport and will provide Fisher the right, without additional notice, to place a levy upon Business Airport's personal property. SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 1 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 \ DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 09/01/91 1 1,767.04 396.74 1,370.30 164,039.65 10/01/91 2 1,767.04 400.04 1,367.00 163,639.61 11/01/91 3 1,767.04 403.38 1,363.66 163,236.23 12/01/91 4 1,767.04 406.74 1,360.30 162,829.49 ANNUAL TOTAL 7,068.16 1,606.90 5,461.26 01/01/92 5 1,767.04 410.13 1,356.91 162,419.36 02/01/92 6 1,767.04 413.55 1,353.49 162,005.81 03/01/92 7 1,767.04 416.99 1,350.05 161,588.82 04/01/92 8 1,767.04 420.47 1,346.57 161,168.35 05/01/92 9 1,767.04 423.97 1,343.07 160,744.38 06/01/92 10 1,767.04 427.50 1,339.54 160,316.88 07/01/92 11 1,767.04 431. 07 1,335.97 159,885.81 08/01/92 12 1,767.04 434.66 1,332.38 159,451.15 09/01/92 13 1,767.04 438.28 1,328.76 159,012.87 10/01/92 14 1,767.04 441.93 1,325.11 158,570.94 11/01/92 15 1,767.04 445.62 1,321.42 158,125.32 12/01/92 16 1,767.04 449.33 1,317.71 157,675.99 ANNUAL TOTAL 21,204.48 5,153.50 16,050.98 01/01/93 17 1,767.04 453.07 1,313.97 157,222.92 02/01/93 18 1,767.04 456.85 1,310.19 156,766.07 03/01/93 19 1,767.04 460.66 1,306.38 156,305.41 04/01/93 20 1,767.04 464.49 1,302.55 155,840.92 05/01/93 21 1,767.04 468.37 1,298.67 155,372.55 06/01/93 22 1,767.04 472.27 1,294.77 154,900.28 07/01/93 23 1,767.04 476.20 1,290.84 154,424.08 08/01/93 24 1,767.04 480.17 1,286.87 153,943.91 09/01/93 25 1,767.04 484.17 1,282.87 153,459.74 10/01/93 26 1,767.04 488.21 1,278.83 152,971.53 11/01/93 27 1,767.04 492.28 1,274.76 152,479.25 12/01/93 28 1,767.04 496.38 1,270.66 151,982.87 ANNUAL TOTAL 21,204.48 5,693.12 15,511.36 01/01/94 29 1,767.04 500.52 1,266.52 151,482.35 02/01/94 30 1,767.04 504.69 1,262.35 150,977.66 03/01/94 31 1,767.04 508.89 1,258.15 150,468.77 04/01/94 32 1,767.04 513.13 1,253.91 149,955.64 05/01/94 33 1,767.04 517.41 1,249.63 149,438.23 06/01/94 34 1,767.04 521. 72 1,245.32 148,916.51 07/01/94 35 1,767.04 526.07 1,240.97 148,390.44 08/01/94 36 1,767.04 530.45 1,236.59 147,859.99 09/01/94 37 1,767.04 534.87 1,232.17 147,325.12 10/01/94 38 1,767.04 539.33 1,227.71 146,785.79 11/01/94 ~ 1,767.04 543.83 1,223.21 146 241.96 12/01/94 1,767.04 548.36 1, 2TS-; G8 r.l...;.J: 693. bd'..-J ANNUAL TOTAL 21,204.48 6,289.27 14,915.21 01/01/95 41 1,767.04 552.93 1,214.11 145,140.67 02/01/95 42.. 1,767.04 557.53 1,209.51 144,583.14 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 2 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 , DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 03/01/95 43 1,767.04 562.18 1,204.86 144,020.96 04/01/95 44 1,767.04 566.87 1,200.17 143,454.09 05/01/95 45 1,767.04 571. 59 1,195.45 142,882.50 06/01/95 46 1,767.04 576.35 1,190.69 142,306.15 07/01/95 47 1,767.04 581.16 1,185.88 141,724.99 08/01/95 48 1,767.04 586.00 1, 181.04 141,138.99 09/01/95 49 1,767.04 590.88 1,176.16 140,548.11 10/01/95 50- 1,767.04 595.81 1,171.23 139,952.30 11/01/95 51 1,767.04 600.77 1,166.27 139,351.53 12/01/95 52 1,767.04 605.78 1,161.26 138,745.75 ANNUAL TOTAL 21,204.48 6,947.85 14,256.63 01/01/96 53 1,767.04 610.83 1,156.21 138,134.92 02/01/96 54 1,767.04 615.92 1,151.12 137,519.00 03/01/96 55 1,767.04 621. 05 1,145.99 136,897.95 04/01/96 56 1,767.04 626.22 1,140.82 136,271.73 05/01/96 57 1,767.04 631. 44 1,135.60 135,640.29 06/01/96 58 1,767.04 636.70 1,130.34 135,003.59 07/01/96 59 1,767.04 642.01 1,125.03 134,361. 58 08/01/96 60 1,767.04 647.36 1,119.68 133,714.22 09/01/96 61 1,767.04 652.75 1,114.29 133,061.47 10/01/96 62 1,767.04 658.19 1,108.85 132,403.28 11/01/96 63 1,767.04 663.68 1,103.36 131,739.60 12/01/96 64 1,767.04 669.21 1,097.83 131,070.39 ANNUAL TOTAL 21,204.48 7,675.36 13,529.12 01/01/97 65 1,767.04 674.79 1,092.25 130,395.60 02/01/97 66 1,767.04 680.41 1,086.63 129,715.19 03/01/97 67 1,767.04 686.08 1,080.96 129,029.11 04/01/97 68 1,767.04 691. 80 1,075.24 128,337.31 05/01/97 69 1,767.04 697.56 1,069.48 127,639.75 06/01/97 70 1,767.04 703.38 1,063.66 126,936.37 07/01/97 71 1,767.04 709.24 1,057.80 126,227.13 08/01/97 72 1,767.04 715. 15 1,051.89 125,511. 98 09/01/97 73 1,767.04 721.11 1,045.93 124,790.87 10/01/97 74 1,767.04 727.12 1,039.92 124,063.75 11/01/97 75 1,767.04 733.18 1,033.86 123,330.57 12/01/97 76 1,767.04 739.29 1,027.75 122,591.28 ANNUAL TOTAL 21,204.48 8,479.11 12,725.37 01/01/98 77 1,767.04 745.45 1,021.59 121,845.83 02/01/98 78 1,767.04 751. 66 1,015.38 121,094.17 03/01/98 79 1,767.04 757.92 1,009.12 120,336.25 04/01/98 80 1,767.04 764.24 1,002.80 119,572.01 05/01/98 81 1,767.04 770.61 996.43 118,801.40 06/01/98 82- 1,767.04 777.03 990.01 118,024.37 07/01/98 83 1,767.04 783.50 983.54 117,240.87 08/01/98 84 1,767,04 790.03 977.01 116,450.84 09/01/98 85 1,767.04 796.62 970.42 115,654.22 10/01/98 86 1,767.04 803.25 963.79 114,850.97 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 3 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 , DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 11/01/98 87 1,767.04 809.95 957.09 114,041.02 12/01/98 88 1,767.04 816.70 950.34 113,224.32 ANNUAL TOTAL 21,204.48 9,366.96 11,837.52 01/01/99 89 1,767.04 823.50 943.54 112,400.82 02/01/99 90 1,767.04 830.37 936.67 111,570.45 03/01/99 91 1,767.04 837.29 929.75 110,733.16 04/01/99 92 1,767.04 844.26 922.78 109,888.90 05/01/99 93 1,767.04 851.30 915.74 109,031.60 06/01/99 94 1,767.04 858.39 908.65 108,179.21 07/01/99 95 1,767.04 865.55 901.49 107,313.66 08/01/99 96 1,767.04 872.76 894.28 106,440.90 09/01/99 97 1,767.04 880.03 887.01 105,560.87 10/01/99 98 1,767.04 887.37 879.67 104,673.50 11/01/99 99 1,767.04 894.76 872.28 103,778.74 12/01/99 100 1,767.04 902.22 864.82 102,876.52 ANNUAL TOTAL 21,204.48 10,347.80 10,856.68 01/01/00 101 1,767.04 !l09.74 857.30 101,966.78 02/01/00 102 1,767.04 917.32 849.72 101,049.46 03/01/00 103 1,767.04 924.96 842.08 100,124.50 04/01/00 104 1,767.04 932.67 834.37 99,191.83 05/01/00 105 1,767.04 940.44 826.60 98,251.39 06/01/00 106 1,767.04 948.28 818.76 97,303.11 07/01/00 107 1,767.04 956.18 810.86 96,346.93 08/01/00 108 1,767.04 964.15 802.89 95,382.78 09/01/00 109 1,767.04 972.18 794.86 94,410.60 10/01/00 110 1,767.04 980.29 786.75 93,430.31 11/01/00 111 1,767.04 988.45 778.59 92,441.86 12/01/00 112 1,767.04 996.69 770.35 91,445.17 ANNUAL TOTAL 21,204.48 11,431.35 9,773.13 01/01/01 113 1,767.04 1,005.00 762.04 90,440.17 02/01/01 114 1,767.04 1,013.37 753.67 89,426.80 03/01/01 115 1,767.04 1,021.82 745.22 88,404.98 04/01/01 116 1,767.04 1,030.33 736.71 87,374.65 05/01/01 117 1,767.04 1,03e.92 728.12 86,335.73 06/01/01 118 1,767.04 1,047.58 719.46 85,288.15 07/01/01 119 1,767.04 1,056.31 710.73 84,231. 84 08/01/01 120 1,767.04 1,065.11 701. 93 83,166.73 09/01/01 121 1,767.04 1,073.98 693.06 82,092.75 10/01/01 122 1,767.04 1,082.93 684.11 81,009.82 11/01/01 123 1,767.04 1,091.96 675.08 79,917.86 12/01/01 124 1,767.04 1,101.06 665.98 78,816.80 ANNUAL TOTAL 21,204.48 12,628.37 8,576.11 01/01/02 125 1,767.04 1,110.23 656.81 77,706.57 02/01/02 126 1,767.04 1,119.49 647.55 76,587.08 03/01/02 127 1,767.04 1,128.81 638.23 75,458.27 04/01/02 128 1,767.04 1,138.22 628.82 74,320.05 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 4 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 , DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 05/01/02 129 1,767.04 1,147.71 619.33 73,172.34 06/01/02 130 1,767.04 1,157.27 609.77 72,015.07 07/01/02 131 1,767.04 1,166.91 600.13 70,848.16 08/01/02 132 1,767.04 1,176.64 590.40 69,671.52 09/01/02 133 1,767.04 1,186.44 580.60 ,68,485.08 10/01/02 134 1,767.04 1,196.33 570.71 67,288.75 11/01/02 135 1,767.04 1,206.30 560.74 66,082.45 12/01/02 136 1,767.04 1,216.35 550.69 64,866.10 ANNUAL TOTAL 21,204.48 13,950.70 7,253.78 01/01/03 137 1,767.04 1,226.49 540.55 63,639.61 02/01/03 138 1,767.04 1,236.71 530.33 62,402.90 03/01/03 139 1,767.04 1,247.02 520.02 61,155.88 04/01/03 140 1,767.04 1,257.41 509.63 59,898.47 05/01/03 141 1,767.04 1,267.89 499.15 58,630.58 06/01/03 142 1,767.04 1,278.45 488.59 57,352.13 07/01/03 143 1,767.04 1,289.11 477.93 56,063.02 08/01/03 144 1,767.04 1,299.85 467.19 54,763.17 09/01/03 145 1,767.04 1,310.68 456.36 53,452.49 10/01/03 146 1,767.04 1,321.60 445.44 52,130.89 11/01/03 147 1,767.04 1,332.62 434.42 50,79&.27 12/01/03 148 1,767.04 1,343.72 423.32 49,454.55 ANNUAL TOTAL 21,204.48 15,411.55 5,792.93 01/01/04 149 1,767.04 1,354.92 412.12 48,099.63 02/01/04 150 1,767.04 1,366.21 400.83 46,733.42 03/01/04 151 1,767.04 1,377.59 389.45 45,355.83 04/01/04 152 1,767.04 1,389.07 377.97 43,966.76 05/01/04 153 1,767.04 1,400.65 366.39 42,566.11 06/01/04 154 1,767.04 1,412.32 354.72 41,153.79 07/01/04 155 1,767.04 1,424.09 342.95 39,729.70 08/01/04 156 1,767.04 1,435.96 331.08 38,293.74 09/01/04 157 1,767.04 1,447.93 319.11 36,845.81 10/01/04 158 1,767.04 1,459.99 307.05 35,385.82 11/01/04 159 1,767.04 1,472.16 294.88 33,913.66 12/01/04 160 1,767.04 1,484.'P 282.61 32,429.23 ANNUAL TOTAL 21,204.48 17,025.32 4,179.16 01/01/05 161 1,767.04 1,496.80 270.24 30,932.43 02/01/05 162 1,767.04 1,509.27 257.77 29,423.16 03/01/05 163 1,767.04 1,521.85 245.19 27,901.31 04/01/05 164 1,767.04 1,534.53 232.51 26,366.78 05/01/05 165 1,767.04 1,547.32 219.72 24,819.46 06/01/05 166 1,767.04 1,560.21 206.83 23,259.25 07/01/05 167 1,767.04 1,573.21 193.83 21,686.04 08/01/05 168 1,767.04 1,586.32 180.72 20,099.72 09/01/05 169 1,767.04 1,599.54 167.50 18,500.18 10/01/05 170 1,767.04 1,612.87 154.17 16,887.31 11/01/05 171 1,767.04 1,626.31 140.73 15,261. 00 12/01/05 172 1,767.04 1,639.87 127.17 13,621.13 ANNUAL TOTAL 21,204.48 18,808.10 2,396.38 SCHOOl PRINCPAL 164,436.39 INTEREST RATE 10.000 , AMORTIZATION SCHEDULE KATHLEEN FISHER 8/23/95 PAGE 5 DUE PHT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 01/01/06 173 1,767.04 1,653.53 113.51 11,967.60 02/01/06 174 1,767.04 1,667.31 99.73 10,300.29 03/01/06 175 1,767.04 1,681.20 85.84 8,619.09 04/01/06 176 1,767.04 1,695.21 71.83 6,923.88 05/01/06 177 1,767.04 1,709.34 57.70 5,214.54 06/01/06 178 1,767.04 1,723.59 43.45 3,490.95 07/01/06 179 1,767.04 1,737.95 29.09 1,753.00 08/01/06 180 1,767.61 1,753.00 14.61 .00 ANNUAL TOTAL 14,136.89 13,621.13 515.76 318,067.77 164,436.39 153,631.38 , . . ~IFICATION Subject to the penalties of 18 Pa, C.S.A, ~4904, relating to unsworn falsification to authorities, I hereby certify that I am Kathleen H. Fisher, the Plaintiff named in the foregoing Complaint, and as such am authorized to make this verification on its behalf, and that the facts set. forth in the foregoing Complaint are true and correct to the best of my knowledge, information and belief. ~~-/~J Kathleen H. Fisher CERTIFICATE OF SERVICE I hereby certifY that a copy of the foregoing Praecipe was served this date via Federal Express, addressed as follows: Brett D. Davis. Esquire McNEES, WALLACE & NURlCK 100 Pine Street P.O, Box 1166 Harrisburg, PA 17108-1166 MARTS ON, DEARDORF lAMS & OTTO By Stephen L, Bloom, Esquire W. Darren Powell, Esquire Ten East High Street Carlisle, PA 17013 (717) 243-3341 Dated: November 20, 1995 Attorneys for Defendant Business Airport of Carlisle, Inc. KATHLEEN H. FISHER, Plaintiff v. IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. BUSINESS AIRPORT OF CARLISLE, INC. , Defendant CIVIL ACTION IN CONFESSION OF JUDGMENT COMPLAINT 1. Plaintiff is Kathleen H. Fisher (hereinafter "Plaintiff"), an adult individual with a mailing address of 1234 Asper Drive, P,O. Box 297, Boiling Springs, Pennsylvania 17007. 2. Defendant is Business Airport of Carlisle, Inc. (hereinafter "Defendant"), is a Pennsylvania corporation whose last known mailing address is P.O. Box 100, 1285 Ritner Highway, Carlisle, Pennsylvania 17013. 3. On or about August 1, 1991, Defendant executed and delivered to Plaintiff, a certain Judgment Note (hereinafter "Note"), in the principal amount of $164,436.39, plus interest at the rate of lOt per annum, in consideration of a loan in that amount made by Plaintiff to Defendant. A true and correct copy of the Note is attached hereto, made part hereof and marked Exhibit "A". 4. Defendant has caused an event of default to occur under the Note by failing to make payments under the Note since January, 5, 1995. EXHIBIT "A" 5. As a result of the Defendant's default, aforesaid, the Plaintiff demanded payment of the sums due under the Note. A true and correct copy of a demand letter is attached hereto, made a part hereof, and marked as Exhibit "B". 6, The Note authorizes Plaintiff to confess judgment against Defendant for "the above sum ($164,436.39) with or without declaration, with costs of suit, release of errors, without stay of execution and with 15t added for collection fees.. I" 7. The Note provided that the Defendant was to pay the principal balance over fifteen (15) years in equal monthly installments of $1,767.04. Interest is calculated at the rate of lOt per annum. An amortization schedule is attached hereto and marked as Exhibit "C". 8. The total amount due Plaintiff by Defendant under the Note is computed as follows: (a) Principal amount due plus interest at the rate of lOt per annum $164,039.65 (b) Minus payments (39) (c) Plus fifteen percent (15t) for collection fees $ 17,794.04 $ 21.936.74 (d) Total amount for which judgment is confessed $168.182.35 · Interest is accruing under the Note at the rate of lot per annum. 9. The Note was executed and delivered to Plaintiff by Defendant in connection with a business or commercial transaction and does not involve a consumer transaction, 10. Judgment has not been entered on the Note in any jurisdiction. 11. The Note has not been the subject of any assignment and Plaintiff, at all times, has been the owner and holder thereof. WHEREFORE, Plaintiff demands judgment against Defendant in the sum of One Hundred Sixty-Eight Thousand One Hundred Eighty-Two Dollars and Thirty-Five Cents ($168,182.35), plus interest at lot per annum from January 5, 1995, together with all costs and expenses as permitted by law, ::N~~()CE~~'CK Brett D. Davis Attorney I.D. No. 62668 100 pine Street P. O. Box 1166 Harrisburg, PA 17108-1166 (717) 232-8000 Dated: q.'11' q{ Attorneys for Plaintiff - 3 - .' H: rr , ..11-- e ~~~~:~:Qafter date and everv ~m::'~th ~~~1 e~.~'{~PIOll\",I~ \0 lh, order 01. Ir..~kl __ \I Fl......... 'lhl1l"Q !:P"h'9" r 1>.. at the C aMI Bank.AA ' A~__c..- ,,' till .Ulft 0' s...-- "tt~ !:l"t,V ~ And F....",::'lnn DOLLARS w_ ..,oInUoo,92 -... 1M I AM hrl ... ....... Ml""" 'M _If ... .._ tI .., ." '" ....... "'....,,'...1., .. _. II - .. .M ....'" ,...., ...,... 'er ..,~ .... .,.~ ...w.L_~"',,,,,,, "I" .... .. Mia. r...... .. .....,.. ....... .... .. ......... ... willi"'" "It .- I.. _... ,., _.D- _ ...... A-- .1fIo':""J......... .. ... .... - .... - .. ""... - .. ...... .aI,' lip' ... .. ...... ......"n. .- ,.. _ ... _I...~.......'.,,~... t! ""-"' _ ...... ,.. ..If ",..100. _lIoa, aM..w--- _ ",,11I4 .... ...... _ .. lOW II . .. I....'""~,,.- "'-'to: ~" .M _ "I owlIaIl_ .., .M ell --,_10 .... ...-- - II H, ...... ... I. ...... . .......... .. .. ~~, . . ..~ " ' wmUlI , ~f .J!~ \ ~\ BuJl~SSl Ai~p: ~r'-lIE~is'!!ino. '~IAL ... . fI-' ~ ",r : ~_ ~~ a ;:,/". P;tt..- ...I~--' ....L ~~~\ ~r;-' ;.: ... --q.:. . ~ ....., \,... .- tNlJhl/t J::". ,:j <~~ ~.~ J.., '11AL '';:- ~... J ~"'" :;,...-~ ' IIAL .1..... "e. ..... I J . . , " . .; ,i ,Vbl\3~ , .0 :' " , " . , , . ':, , . 0 . IR\.CC D .-o.EY AVoN". IO'fN'ON..I" lllllC ... UCJIIIo4AN 1IOKJItT..,CHC.... ~.CHUHU" ~VlD.. QSNIY I4I04AI:I.A.DOC'fIllOW IUZAaCTH.... OOUGHt..'" ~ nc:lOCH.... .wca L.. ''''TI 'RAHCae..HMa..... W,.Il1"'" ''l.-ol'tCNJ NIl:'KAD. O...lMMAH ~VlD", tQ1'f11HODt 1ItflIMAIIO....~.J.. Da..ANO N. VoHTJ r r McNEES, WALLACE & NURICK ATTORNtYS AT lAW FilE COpy AICH.UIOIIU:"~" DAYIO E. "'CHMAN CUQCWMelNnM '''''HIQ.JHA .......[5..1.. ltOI("'A ......., 'TUHEN"~ HPK",,,,,.UtltCM JOHN'. DnlA TIMQ1'H'tJ."'I"E" GAIh'...."'"l.. lC:IillIMQW.ItOTH"-'H DNM "l'VC"'ICAOU'O It08CIIT 0 "ITS /IItOWIDW. .'tvINIOH CllAHE N, TOlUoMKY DAYlDM ..A"'.J", 100 PINE: STR[[T P. O. BOX Ilt58 &Tt\ltN,J, WlIHQ,UtTIN ~tA&.lwn' NOlIlIIoloANI._nc LA'tllMHCE ", WlIO(Jl l)ot.Jh, 'I'(N"C>>IaI ~"''''WoI'' 'I'OUNOJII HARRISBURG. PA 1710e.llft8 T(UflHOHC 17171lJl'BOOO r"",l7l7llJ7'UOO 01' CClutdC... AOelJII' H QAltwOl.D SAMun A, ICHMCIltHC1o\UST, .JII tlllCN A'HI:V OAY\ON aAAt.. JONA'HAN C. HM't ...."0 0A'VlO .IAMU" DcAftD(...O .JAIoIU... DOUGHt"'" """HUtH A DU~IT ROeK'" .J ODOu'D July 27, 1995 George F. Gardner, CEO Business Airport of Carlisle, Inc. PO Box 100 1285 Ritner Highway Carlisle, PA 17013 Re: KATHLEEN H. FISHER v. Business Airport of Carlisle, Inc. Our File No. 16928-0001 ICO'T"'QOU\.D .. NI(:HOLAI Ol.IAItNtIC"tuJ ~RfO "Mol MWol'.JAC~ DONALD. ""'lit....... MICHAIL", Klu.rt ..nl"'.MltlClt ..l<U'lta w, MUf1 CAMILU C, IoWI\OfIf ~""""'ON CHUOHQH,~ JDNA'I4ANH. IIUDO MUCt"...-.cE" CAIIIQ.,..ITDNOUft CATHC"'Ht(.Wol4TI:M OOWIC"",~ VIA lJ:l(l'U'llllJ AND FIRST-a.I\SS MAIL Dear Mr. Gardner: Please be advised that the office of the undersigned represents Kathleen H. Fisher ("Fisher"). On or about August 1, 1991, Business Airport of Carlisle, Inc. ("Business Airport") executed and delivered to Fisher a certain judgment note ("Note") in the principal amount of $164,436.39. Payments were to commence August 30, 1991, and continue thereafter, each and every month on the 30th of the month, for fifteen (15) years in the amount of $1,767.04. Since payments have not been received under the Note since December 30, 1994, the Note is now due and payable. In order to satisfy the obligations evidenced by the Note, it is now necessary for you to remit payment in the amount of One Hundred Forty-Five Thousand One Hundred Forty Dollars and 60/100 ($145,140.60) to Fisher. In order to avoid further legal action, payment must be received by August 5, 1995. If the obligations evidenced by the Note are not satisfied by August 5, 1995, Fisher will file a complaint in confession of judgment (the "Complaint") and enter judgment against Business Airport. The judgment entered will act as a lien on the real property of Business Airport and will provide Fisher the right, without additional notice, to place a levy upon Business Airport'S personal property. r ,- Business Airport of Carlisle, Inc. July 27, 1995 Page 2 If you would like to make arrangements to satisfy your obligations prior to the filing of the Complaint, please contact the undersigned. Very truly yours, McNEES, WALLACE & NURICK By r?~O 0 Brett D. Davis BDD:bd ce: Kathleen H. Fisher Stephen L. Bloom, Esquire SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 1 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 % DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAl. INTEREST BALANCE 09/01/91 1 1,767.04 396.74 1,370.30 164,039.65 10/01/91 2 1,767.04 400.04 1,367.00 163,639.61 11/01/91 3 l,767.1I4 403.38 1,363.66 163,236.23 12/01/91 4 1,767.04 406.74 1,360.30 162,829.49 ANNUAL TOTAL 7,068.16 1,606.90 5,461.26 01/01/92 5 1,767.04 410.13 1,356.91 162,419.36 02/01/92 6 1,767.04 413.55 1,353.49 162,005.81 03/01/92 7 1,767.04 416.99 1,350.05 161,588.82 04/01/92 8 1,767.04 420.47 1,346.57 161,168.35 05/01/92 9 1,767.04 423.97 1,343.07 160,744.38 06/01/92 10 1,767.04 427.50 1,339.54 160,316.88 07/01/92 11 1,767.04 431.07 1,335.97 159,885.81 08/01/92 12 1,767.04 434.66 1,332.38 159,451.15 09/01/92 13 1,767.04 438.28 1,328.76 159,012.87 10/01/92 14 1,767.04 441.93 1,325.11 158,570.94 11/01/92 15 1,767.04 445.62 1,321.42 158,125.32 12/01/92 16 1,767.04 449.33 1,317.71 157,675.99 ANNUAL TOTAL 21,204.48 5,153.50 16,050.98 01/01/93 17 1,767.04 453.07 1,313.97 157,222.92 02/01/93 18 1,767.04 456.85 1,310.19 156,766.07 03/01/93 19 1,767.04 460.66 1,306.38 156,305.41 04/01/93 20 1,767.04 464.49 1,302.55 155,840.92 05/01/93 21 1,767.04 468.37 1,298.67 155,372.55 06/01/93 22 1,767.04 472.27 1,294.77 154,900.28 07/01/93 23 1,767.04 476.20 1,290.84 154,424.08 08/01/93 24 1,767.04 480.17 1,286.87 153,943.91 09/01/93 25 1,767.04 484.17 1,282.87 153,459.74 10/01/93 26 1,767.04 488.21 1,278.83 152,971.53 11/01/93 27 1,767.04 492.28 1,274.76 152,479.25 12/01/93 28 1,767.04 496.38 1,270.66 151,982.87 ANNUAL TOTAL 21,204.48 5,693.12 15,511.36 01/01/94 29 1,767.04 500.52 1,266.52 151,482.35 02/01/94 30 1,767.04 504.69 1,262.35 150,977.66 03/01/94 31 1,767.04 508.89 1,258.15 150,468.77 04/01/94 32 1,767.04 513.13 1,253.91 149,955.64 05/01/94 33 1,767.04 517.41 1,249.63 149,438.23 06/01/94 34 1,767.04 521. 72 1,245.32 148,916.51 07/01/94 35 1,767.04 526.07 1,240.97 148,390.44 08/01/94 36 1,767.04 530.45 1,236.59 147,859.99 09/01/94 37 1,767.04 534.87 1,232.17 147,325.12 10/01/94 38 1,767.04 539.33 1,227.71 146,785.79 11/01/94 -H 1,767.04 543.83 1,223.21 146 241.96 12/01/94 1,/6/.04 548.36 1, 2T8"; &8 r~..~:69J.bU J ANNUAL TOTAL 21,204.48 6,289.27 14,915.21 01/01/95 41 1,767.04 552.93 1,214.11 145,140.67 02/01/95 42.. 1,767.04 557.53 1,209.51 144,583.14 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 2 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 , DUE PMT PAllMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 03/01/95 43 1,767.04 562.18 1,204.86 144,020.96 04/01/95 44 1,767.04 566.87 1,200.17 143,454.09 05/01/95 45 1,767.04 571. 59 1,195.45 142,882.50 06/01/95 46 1,767.04 576.35 1,190.69 142,306.15 07/01/95 47 1,767.04 581. 16 1,185.88 141,724.99 08/01/95 48 1,767.04 586.00 1,181.04 141,138.99 09/01/95 49 1,767.04 590.00 1,176.16 140,548.11 10/01/95 50- 1,767.04 595.81 1,171.23 139,952.30 11/01/95 51 1,767.04 600.77 1,166.27 139,351.53 12/01/95 52 1,767.04 605.78 1,161. 26 138,745.75 ANNUAL TOTAL 21,204.48 6,947.85 14,256.63 01/01/96 53 1,767.04 610.83 1,156.21 138,134.92 02/01/96 54 1,767.04 615.92 1,151.12 137,519.00 03/01/96 55 1,767.04 621. 05 1,145.99 136,897.95 04/01/96 56 1,767.04 626.22 1,140.8~ 136,271.73 05/01/96 57 1,767.04 631. 44 1,135.60 135,640.29 06/01/96 58 1,767.04 636.70 1,130.34 135,003.59 07/01/96 59 1,767.04 642.01 1,125.03 134,361.58 08/01/96 60 1,767.04 647.36 1,119.68 133,714.22 09/01/96 61 1,767.04 652.75 1,114.29 133,061.47 10/01/96 62 1,767.04 658.19 1,108.85 132,403.28 1]/01/96 63 1,767.04 663.68 1,103.36 131,739.60 12/01/96 64 1,767.04 669.21 1,097.83 131,070.39 ANNUAL TOTAL 21,204.48 7,675.36 13,529.12 01/01/97 65 1,767.04 674.79 1,092.25 130,395.60 02/01/97 66 1,767.04 680.41 1,086.63 129,715.19 03/01/97 67 1,767.04 686.08 1,080.96 129,029.11 04/01/97 68 1,767.04 691.80 1,075.24 128,337.31 05/01/97 69 1,767.04 697.56 1,069.48 127,639.75 06/01/97 70 1,767.04 703.38 1,063.66 126,936.37 07/01/97 71 1,767.04 709.24 1,057.80 126,227.13 08/01/97 72 1,767.04 715.15 1,051.89 125,511.98 09/01/97 73 1,767.04 721.11 1,045.93 124,790.87 10/01/97 74 1,767.04 727.12 1,039.92 124,063.75 11/01/97 75 1,767.04 733.18 1,033.86 123,330.57 12/01/97 76 ...,767.04 739.29 1,027.75 122,591.28 ANNUAL TOTAL 21,204.48 8,479.11 12,725.37 01/01/98 77 1,767.04 745.45 1,021.59 121,845.83 02/01/98 78 1,767.04 751. 66 1,015.38 121,094.17 03/01/98 79 1,767.04 757.92 1,009.12 120,336.25 04/01/98 80 1,767.04 764.24 1,002.80 119,572.01 05/01/98 81 1,767.04 770.61 996.43 118,801.40 06/01/98 82- 1,767.04 777.03 990.01 118,024.37 07/01/98 83 1,767.04 783.50 983.54 117,240.87 08/01/98 84 1,767.04 790.03 977.01 116,450.84 09/01/98 85 1,767.04 796.62 970.42 115,654.22 10/01/98 86 1,767.04 803.25 963.79 114,850.97 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 3 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 , DUE PHT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 11/01/98 87 1,767.04 809.95 957.09 114,041.02 12/01/98 88 1,767.04 816.70 950.34 113,224.32 ANNUAL TOTAL 21,204.48 9,366.96 11,837.52 01/01/99 89 1,767.04 823.50 943.54 112,400.82 02/01/99 90 1,767.04 830.37 936.67 111,570.45 03/01/99 91 1,767.04 837.29 929.75 110,733.16 04/01/99 92 1,767.04 844.26 922.78 109,888.90 05/01/99 93 1,767.04 851. 30 915.74 109,037.60 06/01/99 94 1,767.04 858.39 908.65 108,119.21 07/01/99 95 1,767.04 865.55 901. 49 107,313.66 08/01/99 96 1,767.04 872.76 894.28 106,440.90 09/01/99 97 1,767.04 880.03 887.01 105,560.87 10/01/99 98 1,767.04 887.37 879.67 104,673.50 11/01/99 99 1,767.04 894.76 872.28 103,778.74 12/01/99 100 1,767.04 902.22 864.82 102,876.52 ANNUAL TOTAL 21,204.48 10,347.80 10,856.68 01/01/00 101 1,767.04 909.74 857.30 101,966.78 02/01/00 102 1,767.04 917.32 849.72 101,049.46 03/01/00 103 1,767.04 924.96 842.08 100,124.50 04/01/00 104 1,767.04 932.67 834.37 99,191.83 05/01/00 105 1,767.04 940.44 826.60 98,251. 39 06/01/00 106 1,767.04 948.28 818.76 97,303.11 07/01/00 107 1,767.04 956.18 810.86 96,346.93 08/01/00 108 1,767.04 964.15 802.89 95,382.78 09/01/00 109 1,767.04 972.18 794.86 94,410.60 10/01/00 110 1,767.04 980.29 786.75 93,430.31 11/01/00 111 1,767.04 988.45 778.59 92,441.81; 12/01/00 112 1,767.04 996.69 770.35 91,445.17 ' ANNUAL TOTAL 21,204.48 11,431.35 9,773.13 01/01/01 113 1,767.04 1,005.00 762.04 90,440.17 02/01/01 114 1,767.04 1,013.37 753.67 89,426.80 03/01/01 115 1,767.04 1,021. 82 745.22 88,404.98 04/01/01 116 1,767.04 1,030.33 736.71 87,374.65 05/01/01 117 1,767.04 1,038.92 728.12 86,335.73 06/01/01 118 1,767.04 1,047.58 719.46 05,288.15 07/01/01 119 1,767.04 1,056.31 710.73 84,231.84 08/01/01 120 1,767.04 1,065.11 701. 93 83,166.73 09/01/01 121 1,767.04 1,073.98 693.06 82,092.75 10/01/01 122 1,767.04 1,082.93 684.11 81,009.82 11/01/01 123 1,767.04 1,091. 96 675.08 79,917.86 12/01/01 124 1,767.04 1,101. 06 665.98 78,816.80 ANNUAL TOTAL 21,204.48 12,628.37 8,576.11 01/01/02 125 1,767.04 1,110.23 656.81 77,706.57 02/01/02 126 1,767.04 1,119.49 647.55 76,587.08 03/01/02 127 1,767.04 1,128.81 638.23 75,458.27 04/01/02 128 1,767.04 1,138.22 628.82 74,320.05 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 4 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 % DUE PHT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 05/01/02 129 1,767.04 1,147.71 619.33 73,172.34 06/01/02 130 1,767.04 1,157.27 609.77 72,015.07 07/01/02 131 1,767.04 1,166.91 600.13 70,848.16 08/01/02 132 1,767.04 1,176.64 590.40 69,671.52 09/01/02 133 1,767.04 1,186.44 580.60 ,68,485.08 10/01/02 134' 1,767.04 1,196.33 570.71 67,288.75 11/01/02 135 1,767.04 1,206.30 560.74 66,082.45 12/01/02 136 1,767.04 1,216.35 550.69 64,866.10 ANNUAL TOTAL 21,204.48 13,95CJ.70 7,253.78 01/01/03 137 1,767.04 1,226.49 540.55 63,639.61 02/01/03 138 1,767.04 1,236.71 530.33 62,402.90 03/01/03 139 1,767.04 1,247.02 520.02 61,155.88 04/01/03 140 1,767.04 1,257.41 509.63 59,898.47 05/01/03 141 1,767.04 1,267.89 499.15 58,630.58 06/01/03 142 1,767.04 1,278.45 488.59 57,352.13 07/01/03 143 1,767.04 1,289.11 477.93 56,063.02 08/Cl/03 144 1,767.04 1,299.85 467.19 54,763.17 09/01/03 145 1,767.04 1,310.68 456.36 53,452.49 10/01/03 146 1,767.04 1,321.60 445.44 52,130.89 11/01/03 147 1,767.04 1,332.64l 434.42 50,798.27 12/01/03 148 1,767.04 1,343.72 423.32 49,454.55 ANNUAL TOTAL 21,204.48 15,411.55 5,792.93 01/01/04 149 1,767.04 1,354.92 412.12 48,099.63 02/01/04 150 1,767.04 1,366.21 400.83 46,733.42 03/01/04 151 1,767.04 1,377.59 389.45 45,355.83 04/01/04 152 1,767.04 1,389.07 377.97 43,966.76 05/01/04 153 1,767.04 1,400.65 366.39 42,566.11 06/01/04 154 1,767.04 1,412.32 354.72 41,153.79 07/01/04 155 1,767.04 1,424.09 342.95 39,729.70 08/01/04 156 1,767.04 1,435.96 331.08 38,293.74 09/01/04 157 1,767.04 1,447.93 319.11 36,845.81 10/01/04 158 1,767.04 1,459.99 307.05 35,385.82 11/01/04 159 1,767.04 1,472.16 294.88 33,913.66 12/01/04 160 1,767.04 1,484.'p 282.61 32,429.23 ANNUAL TOTAL 21,204.48 17,025.32 4,179.16 01/01/05 161 1,767.04 1,496.80 270.24 30,932.43 02/01/05 162 1,767.04 1,509.27 257.77 29,423.16 03/01/05 163 1,767.04 1,521.85 245.19 27,901.31 04/01/05 164 1,767.04 1,534.53 232.51 26,366.78 05/01/05 165 1,767.04 1,547.32 219.72 24,819.46 06/01/05 166 1,767.04 1,560.21 206.83 23,259.25 07/01/05 167 1,767.04 1,573.21 193.83 21,686.04 08/01/05 168 1,767.04 1,586.32 180.72 20,099.72 09/01/05 169 1,767.04 1,599.54 167.50 18,500.18 10/01/05 170 1,767.04 1,612.87 154.17 16,887.31 11/01/05 171 1,767.04 1,626.31 140.73 15,261.00 12/01/05 172 1,767.04 1,639.87 127.17 13,621.13 ANNUAL TOTAL 21,204.48 18,808.10 2,396.38 SCHOOl PRINCPAL 164,436.39 INTEREST RATE 10.000 , AMORTIZATION SCHEDULE KATHLEEN FISHER DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST 01/01/06 173 1,767.04 1,653.53 113.51 02/01/06 174 1,767.04 1,667.31 99.73 03/01/06 175 1,767.04 1,681.20 85.84 04/01/06 176 1,767.04 1,695.21 71.83 05/01/06 177 1,767.04 1,709.34 57.70 06/01/06 178 1,767.04 1,723.59 43.45 07/01/06 179 1,767.04 1,737.95 29.09 08/01/06 180 1,767.61 1,753.00 14 .61 ANNUAL TOTAL 14,136.89 13,621. 13 515.76 318,067.77 164,436.39 153,631.38 8/23/95 PAGE 5 BALANCE 11,967.60 10,300.29 8,619.09 6,923.88 5,214.54 3,490.95 1,753.00 .00 VERIFICATION subject to the penalties of 18 Pa. C.S.A. 54904, relating to unsworn falsification to authorities, I hereby certify that I am Kathleen H, Fisher, the plaintiff named in the foregoing Complaint, and as such am authorized to make this verification on its behalf, and that the facts set forth in the foregoing complaint are true and correct to the best of my knowledge, information and belief. &t"~~ AM!.~ Kathleen H. Fisher KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. 06" - I.Ft' f'? (;c,v-~L CIVIL ACTION IN CONFESSION OF JUDGMENT v. BUSINESS AIRPORT OF CARLISLE, INC. , Defendant NOTICE OF ENTRY OF JUDGMENT BY CONFESSION To: Business Airport of Carlisle, Inc., Defendant You are hereby notified that on j l.I1-'L ,) J' ,19.z.s--- I I judgment by confession was entered agairist you in the sum of if' $ J(,~ If). in the above-captioned case. DATE: 0'- )t'-t[\- l.-L eLL , . YOU SHOULD TAKE THIS PAPER ' laLAWYER 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 4TH FLOOR, CUMBERLAND COUNTY COURTHOUSE CARLISLE, PA 17013 (717) 240-6200 I hereby certify that the following is the address of the defendant stated in the certificate of residence: P.O. BOX 100 1285 RITNER HIGHWAY CARLISL1; ~01;2 TRUE COPY FROM RECORD Attorney for Plaintiff Iii Testimony Whllr~t. I hAre unto set my hand and t re31.~f :':'J' :;:'I,..;.HI Carlisle, Pa. , Thlll'da F') H11. 19 '71 ,j, L . _ ( ( (."... EXHIBIT "B" lO~;-" hrt"y'F;;U;:-~'"u'nd F-...." . "..Ttiirt s' .. '~,q7fo. DollMs) i . ':~~4~.::1:~' -~A A~: :~~ le.iL 1'hirtv da f dat d '30th f h t = tor t..\tteerl,yelU'1l V8 a tar a an everv 0 rront , '. we,......-- proml.. &0 PlY to lh. ortl., 01 K"'.....'A&:m H 'fO'f.n.r. Rt-,i1inO ~P"';1"I9Q Ptl at the , aNI Bank.M ... A____ .-.- the lum of SA'\1N1.....n Hun"'""" ~; V't'y RA\I'AI'\ ,u,i! J"nnr/1 nn DOLLARS 1M WI.- ..'.k...... 't:;r _I'" AM 'U""U f- ...... .......... .... ......, .., It""'.. ., .'" t..... .. ,...... ., '""..,1.,..... 1# .......... le ...... ,. 1M ,. ell"" ,...~, '''''1'' 9 ,.. '''Wr" ..... _I... .. ,.......-.... lfr'lt"..... _IUI ... ., '''Ilt ...... .. "...... .Iu...& ..., .. .,"",_, I" _Ita. u ,., "lilt ~ ,., ......... ''''1 .... .. ..,.".'.1" '...I.....J..."W.- .. .., .... ...... u.., .., .. It.*i ..... .. ..u.... .......,... ...... ...,..., .....Illa',h .......... .... ..... IN ..,..........."'1~~. ,.~ I!yef...... .... ", f.. __..W ,....LarJ nn~""I"'. .... ~ I",.. ..,. u.., .... .... ....y .... .. .... ... . A. '''' ~. 1li(~..~i". ... hi.... III ,.u,", I'... .., .... ,II ........... MI," .......... .... II .., "IU, .... I. ,..., .. .......... .. ... ~. ... . '.." ':. : _', : ." Of :. VttTH&aa, ...-. .", .",.. : or.:: ........",. :.. i .,: -r:~ ....... , :_: ':_~ \' ~,:~: \.. ,-:'\.. . """:: . ......" .. :.-:: ':.. '-' ...:- .\ ''', "- /,o"...t' '..z....~...... '.'--~' .<' " ~@:8}j::L ~f ::-~.le ;nc. LI""hJU' t=*" 1=7 ~I.at... <'LJilJ ./ SEAL SEAL SEAL lEAL .... Mtt EXIlIBIT "e" ...""" ...01.;1;0..... ......U;7l"'l. r"._1I ",~y~tG~ .". 'l..,j 1'l4f" 't son ve.",oor IJ ~... '11:I1"':11 ~ TNaR 6tia Pm ,.1 . . P. .111I..... --4:L asu ;/k. #: ~~l'~ --- I I =.. 'IAil!.rt f 01 ,( ~ ;,(I~U_~ UoIfll '0 c2>> -1 . -; otZ...... , · I . c~~ · . .......1 -~'-' &~ I 1:0 i U U ".'1 O'lt ClD U II S".1Ii l!l --t --~. - -...- ~~ --If ~ f ~. . - ..-l.~ -- T .l........, . , . . EXHIBIT "0" SO"d l~O'CN 95:91 S6,~T 1j: r'.la4 .. . ....., ......... ..' .""'.. "...... ""'':f''''.:I~ ..... ,"" . Ido" ~ son l.JearrJur "".dO .., A~ ." lll!~ ~ llmR 111M! , . . . """-. ----'._- -..-.........,..------....- . W 1801 ~ 1,' :~ 1.l2 ..... ~ :r::' tJIIL<<'.t ~ 11~' · as 'n . I .:f)./lL .p.....,......l f'~. ~~i . ~~. . ~0l'II8Ink,NA.' ......"'I __.....-A ~ 'Y- ~~""w (fJ.~' ':01lU unal: Dn Daun S.... 'Ia. Po ... "'..... . I ., . . . - ,- -........ ~ . . ~ . - -. - . . . . , S6.S:1 .1;)0 OO~S-Ls:,-LIL~a! Z~)I~nN.3J~"~~.S~3N)W , , 1"\1"'''H'' .,.tt,rl.J<>n. .tJl,n~#.)'YI{)~~mJ & th~ A "('I" "'''''",' 'I f ('Ilr\"I1t ~"C"II "..., tA\IIIII,11 ..nu 11 \UlllAM r M.~"I~OU OAwn Ie nCAk(I{"llut 111"M,,~.1 \I'llUM,t\ 1\'0 V Orft'l m C^RLI~LE. I'f.NNWI.vANIA 1/01.1 TEL!r/lON! /7171 203' JlAl MEMORANDUM OP SE'ITLEMENT Date or Settlement Ot!l:ober 20. 1988Assessed Valuation $ Sold By Ivo V. Otto. Jr. and S. Katherine Guv Sold To Business Ah:porl: of Carlisle Addressl S.S.I/Fed. 1.0.' LocatioI'! or Property Purchase Price Down Payment Bnlnnce 'i4-0Q7%30 !=:nt1~h Mi rt,n aton" 'rntA7l"tAhip Balnnce pnld ns Collowsl $ 70.000 00 in ~AAh At ~loRinK $ $ $ $ $ RO 000 00 $ 10.000 00 $ 70,000 00 Prorstlon or Taxesl School $ Waived $ County/Rond/Borough $ $ Total Paid By Seller to Buyer ~ Buyer to Seller .I PEES AND EXPBNSES TO BB DORNE BY SBLLBR BUYER Preparing Deed/Settlement.$ poe Title Senrchffl"tllement Lf'Oc... Mortgage Sntlsrnctlon - Recording Deed $ 12.00 Piece $ 12.00 Recording Mortgage $ Acknowledgment $ 2.00 Acknowledgment $ TrnnsCer Tnx $ 800.00 Trnnsrer Tax $ 800.00 Tnx Proration $ waived Tnx Prorntlon $ Realtor's Commission! $ Prirp & ARRO~fAtPR $ ~ ,;nn no $ $ $ $ $ $ $ Totsl $ 6.414.00 Totnl $ 1117 nn EXHIBIT "E" ~ ._.~..... ('1"",,11"1 I/~ - ,..~~ @ <<:III\IMIINWt:AI.lll IW I'ENNS\'I.\' ANIA IIF.PARTMF.NT lit' 1M NSPlIIt I'ATmN Burenu of Aviation 716 Trans. 'Safety Bldg. lIarrisburq, PA 17120 717-7B3-1923 l'I'''I'l' IIIlrn III January 13, 19B9 Mr. F. Gene Fisher, President Business Airport of Carlisle, Inc. P. O. Box 273 Carlisle, PA 17013 Dear t1r, Fisher! Enclosed is Conm:mwea1th of Pennsylvania Treasury Dcparb'nent Check Number B5-067331B5 dated January 11, 19B9, in favor of the Businens Airport of Carlisle, Inc. in the IlI1lOW\t of $61,B03.67 paid by Treasurer's Warrant Number 27B13B, This check represents the First (1st) and final payment under Agreement Number 9-A-BB-51 (61024B) for Project Number N94-BB-2 for the Carlisle Airport, Sincerely, Vi ~ ,/7/-0-..."-' Edwin G. Kase, P.E, Manager, Aviation Developnent .. Enclosure Certified No. P 394 754 599 "Penn DOT .. We A,e Making A Dlllarenco" EXHIBIT "F" ADDonuC'" avo f \.f1LUA\TAP1U\ODlDOl'9NIIJ.J PUItdw C,.....IW'I...'QlI.I.AM .. ...... IImw,01"W,... KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYL V ANlA v. NO. 95-5189 CIVIL CIVIL ACTION - LAW BUSINESS AIRPORT OF CARLISLE, INC. Defendant IN CONFESSION OF JUDGMENT PRAECIPE Please attach Exhibits A-F to Defendant's Petition to Strike Off or Open Confessed Judgment and Stay of Execution Pursuant to Pa. R.C.P. ~2959 which were inadvenently omitted. Date: November 20, 1995 MARTS ON, OEAROO~WlLLIAMS" OTTO By '{)~ __ W Stephen L. Bloom, Esquire W. Darren Powell, Esquire Ten East High Street Carlisle, PA 17013.3093 (717) 243-3341 Attorneys for Defendant Business Airpon of Carlisle, Inc. 1~;J .'~ ,..:.) / r 'i . . . I c.__ ,.) , ~, v. IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO. KATHLEEN H. FISHER, Plaintiff BUSINESS AIRPORT OF CARLISLE, INC. , CIVIL ACTION Defendant IN CONFESSION OF JUDGMENT COMPLAINT 1. plaintiff is Kathleen H. Fisher (hereinafter "Plaintiff"), an adult individual with a mailing address of 1234 Asper Drive, P.O. Box 297, Boiling Springs, Pennsylvania 17007. 2. Defendant is Business Airport of Carlisle, Inc. (hereinafter "Defendant"), is a Pennsylvania corporation whose last known mailing address is P.O. Box 100, 1285 Ritner Highway, Carlisle, Pennsylvania 17013. 3. On or about August 1, 1991, Defendant executed and delivered to plaintiff, a certain Judgment Note (hereinafter "Note"), in the principal amount of $164,436.39, plus interest at the rate of lOt per annum, in consideration of a loan ill that amount made by plaintiff to Defendant. A true and correct copy of the Note is attached hereto, made part hereof and marked Exhibit "A". 4. Defendant has caused an event of default to occur under the Note by failing to make payments under the Note since January, 5, 1995. EXHIBIT "A" . 5. As a result of the Defendant's default, aforesaid, the Plaintiff demanded payment of the sums due under the Note. A true and correct copy of a demand letter is attached hereto, made a part hereof, and marked dS Exhibit "B". 6. The Note authorizes Plaintiff to confess judgment against Defendant for "I:he above sum ($164,436.39) with or without declaration, with costs of suit, release of errors, without stay of execution and with 15\ added for collection fees.. ." 7. The Note provided I:hat the Defendant was to pay the principal balance over fifteen (15) years in equal monthly install~ents of $1,767.04. Interest is calculated at the rate of 10\ per annum. An amortization schedule is attached hereto and marked as Exhibit "C". 8. The total amount due Plaintiff by Defendant under the Note is computed as follows: (a) Principal amount due plus interest at the rate of 10\ per annum $164,039.65 (b) Minus payments (39) (c) Plus fifteen percent (15\) for collection fees $ 17,794.04 $ 21.936.74 (d) Total amount for which judgment is confessed $168.182.35 * Interest is accruing under the Note at the rate of 10\ per annum. ~ t .... rr ~ ......- Md w10i' I U\4.j'''~ 1Q Thirt da 8 after date and e e GftNr Htu., PA 30th of Il'CIlth 11.!1- ~t~~ pl'Ollllll to pay at the \0 the orcinol. Ir..."',.....,." ~~.ha... Q.r\~'h'\q R1?"'{Plqa. IJ)l , lD'B Bank.AA .., A_"-- the IIIIft of s...--- H....n.-M !':~~ ~ ."m F"",,'/1nn l)OLLARS .It . WIl_ ..._~ -- . A" '1ft ....... ...... ......... ,.. ....." I" II"" .. .., tM" .. ....... .. ",,,,,".al., ., .......... .. ...... ... ... .. ..'" ,_, _I... r.. ~_ _ _,.. . J11I'-- iIl:........ _I" _., oool~ 1._ ., ...... _1'- - '" ........... .... -,.. n... "M _ ,.. __ _. .... - ~ AM """ ..J......... .. .., .... - .... - '" ...... - .. - ~ ...' ... .. ...... ........11. ....... '" ..... ... ......1...-.w\......J - ",t-! ~ ... thl 10 ,.. .... ......" J I 1,........ .....-.-,.,.. ._ ...., ..... .... ...... _........ . .. ,...~.. ....:v. ilt!l..... _ 01' '""" ,_ oa,'" tit _.oJ... r~ _.. ~Ioo.... II .., ...... ... .. ..... . ....... .. .. ~'" .. "~ '\ ..mill, iti/ ".,(.:"1 \-:.\ Iminess Ai~ of :'~~~1A Inc. :.r.'~1 ...{i-' /. ::;= ~G-. q' of'. . h-+ .~\' ~~ l~a~ r \o;'\\.. ",. ,/ "s tN"hll/ /Z" t:i<,&~ ~u,... \,,"~~/"'; J I';..,..,.~. , . . '. lEAL ilUL 'IUL 11410 "...., .1... ".., J . . . .; ,I ,\~I '3~ " .. .' " . I .' .' " . ':. . . IMUCI D..-.auY ~"""NTON..l1ll tllllCL.~ ~ N CHliIM'I' VIIU.Wo4ACHOHU" o..VIO .. DafC'r MlOUt.I:"A ooc:TllIOW t~"/II.DOUOHP" ~""IOIHKM .wca ~'''''I 'MNOS" HMa..,Ht. w,JU""'~ _Cl_ CWoItOM,.u:~ 1t.......uA.~,JIIt OD.AHO N. LANQ r r McNEES, WALLACe: 0. NURICK ATTORNEYS AT LAW FILE COpy _tCHNIO" It't''e'VI OA'~C.U:"--" CLYOltW_McOHf't1II't '~"'~..I" ~"'''''''s STtJIMINA. MOClM: "UKIlIT""'\JlItlC" ..IOHN" ChUIlI t1f11OT""J,",I.TIIll GNr'IA.""IU' tQillllIIaW.IIO'fl4MAH DA* .'MIr4ICADUtO ...... 0 ITCTO ItICMot.IlIDW.ITCVl:HSON OAHIN T~ DAII'lDM .."'"....1". 100 PINE STREtT P 0, BOX IICUS 5lM"J,WlIHGAlnlN N~..lWtlT ~1_VfM"1 l.AWMNCI:IIt_MCDlJI Gt.IfY,.'t't~ IMllUIMN 'I'OUfolO",," HARRISBURG, PA 1110S-118S Tnt,"oHI171712Ji!'8000 r"'.17171i!37'!lJo..' rYCOJIoorKI. ...... " ......... SNoouIl /II, iCHMC~NClo'UST, ..A CAlCH """EV DAYlO" BMl" .IOfofoll'HAHc.lKMY' BAl"ODA..... ..INoOU,. DcAHGQ.O ..INAU",OOUOHUtTr """"I.[[H"-OU"" ffOIVI' J GODU'O July 27, 1995 George F. Gardner, CEO Business Airport of Carlisle, Inc. PO Box 100 1285 Ritner Highway Carlisle, PA 17013 Re: KATHLEEN H. FISHER v. Business Airport of Carlisle, Inc. Our File No. 16928-0001 KOff''''OOU\.D II HlCHOIoAIOUAMfUCMtuJ "OK," O. HAAS """"",JACKIOfol DCJtr6AlDe,IlAIJtMoUt NCHAl"", JCUUY PlTllllr."""=TC oJAMtIw.MU1'1 CAMtU.I C.1oIAAION IHN'ON Ill. ~TQf4 CHUOHQ H. '"-'M JOHATKAH H IIUOO MUUIt.JIIW:VI CMQ,A. ITDHOuft CATHl"NI C. "",,-'u. lXMC"".-uJII'~ VIA u:1Q'.U".LI\lJ J\HD FlRS'lI-a.I\SS MAIL Dear Mr. Gardner: please be advised that the office of the undersigned represents Kathleen H. Fisher ("Fisher"). On or about August 1, 1991, Business Airport of Carlisle, Inc. ("Business Airport") executed and delivered to Fisher a certain judgment note ("Note") in the principal amount of $164,436.39. Payments were to commence August 30, 1991, and continue thereafter, each and every month on the 30th of the month, for fifteen (15) years in the amount of $1,767.04. Since payments have not been received under the Note since December 30, 1994, the Note is now due and payable. In order to satisfy the obligations evidenced by the Note, it is now necessary for you to remit payment in the amount of One Hundred Forty-Five Thousand One Hundred Forty Dollars and 60/100 ($145,140.60) to Fisher. In order to avoid further legal action, payment must be received by August 5, 1995. If the obligations evidenced by the Note are not satisfied by August 5, 1995, Fisher will file a complaint in confession of judgment (the "Complaint") and enter judgment against Business Airport. The judgment entered will act as a lien on the real property of Business Airport and will provide Fisher the right. without additional notice, to place a levy upon Business Airport's personal property. SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 1 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10,000 % DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 09/01/91 1 1,767.04 396.74 1,370.30 164,039.65 10/01/91 2 1,767.04 400.04 1,367.00 163,639,61 11/01/91 3 1,767.04 403.38 1,363.66 163,236,23 12/01/91 4 1,767,04 406.74 1,360,30 162,829.49 ANNUAL TOTAL 7,068.16 1,606.90 5,461.26 01/01/92 5 1,767.04 410,13 1,356.91 162,419,36 02/01/92 6 1,767,04 413,55 1,353,49 162,005.81 03/01/92 7 1,767.04 416.99 1,350.05 161,588.82 04/01/92 8 1,767.04 420.47 1,346.57 161,168,35 05/01/92 9 1,767.04 423.97 1,343.07 160,744.38 06/01/92 10 1,767.04 427,50 1,339.54 160,316.88 07/01/92 11 1,767.04 431.07 1,335,97 159,885,81 08/01/92 12 1,767.04 434,66 1,332.38 159,451,15 09/01/92 13 1,767,04 438.28 1,328.76 159,012.87 10/01/92 14 1,767.04 441. 93 1,325.11 158,570,94 11/01/92 15 1,767.04 445.62 1,321,42 158,125,32 12/01/92 16 1,767,04 449,33 1,317,71 157,675.99 ANNUAL TOTAL 21,204.48 5,153.50 16,050.98 01/01/93 17 1,767.04 453.07 1,313,97 157,222.92 02/01/93 18 1,767.04 456.85 1,310,19 156,766.07 03/01/93 19 1,767,04 460.66 1,306,38 156,305.41 04/01/93 20 1,767,04 464.49 1,302.55 155,840,92 05/01/93 21 1,767,04 468.37 1,298,67 155,372.55 06/01/93 22 1,767,04 472,27 1,294.77 154,900,28 07/01/93 23 1,767,04 476.20 1,290.84 154,424.08 08/01/93 24 1,767,04 480.17 1,286.87 153,943,91 09/01/93 25 1,767.04 484.17 1,282.87 153,459.74 10/01/93 26 1,767,04 488.21 1,278,83 152,971.53 11/01/93 27 1,767,04 492,28 1,274.76 152,479,25 12/01/93 28 1,767.04 496.38 1,270.66 151,982.87 ANNUAL TOTAL 21,204,48 5,693,12 15,511.36 01/01/94 29 1,767,04 500.52 1,266,52 151,482.35 02/01/94 30 1,767,04 504.69 1,262.35 150,977,66 03/01/94 31 1,767,04 508.89 1,258,15 150,468,77 04/01/94 32 1,767,04 513,13 1,253,91 149,955,64 05/01/94 33 1,767,04 517.41 1,249.63 149,438,23 06/01/94 34 1,767,04 521. 72 1,245.32 148,916,51 07/01/94 35 1,767.04 526.07 1,240.97 148,390.44 08/01/94 36 1,767,04 530.45 1,236.59 147,859,99 09/01/94 37 1,767,04 534.87 1,232,17 147,325.12 10/01/94 38 1,767,04 539,33 1,227.71 146,785,79 11/01/94 -fg 1,767.04 543.83 1,223.21 146 241,96 12/01/94 1,761.04 548,36 1,2TB.68 t"""J....;J:693.bU~ ANNUAL TOTAL 21,204,48 6,289.27 14,915.21 01/01/95 41 1,767,04 552.93 1,214.11 145,140.67 02/01/95 42.. 1,767.04 557.53 1,209.51 144,583.14 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 2 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 1; DUE PM'l' PAYMENT DATE NO, AMOUNT PRINCIPAL INTEREST BALANCE 03/01/95 43 1,767,04 562.18 1,204,86 144,020.96 04/01/95 44 1,767.04 566.87 1,200,17 143,454.09 05/01/95 45 1,767.04 571.59 1,195.45 142,882,50 06/01/9'5 46 1,767,04 576.35 1,190.69 142,306.15 07/01/9'J 47 1,767.04 581,16 1,185.88 141,724.99 08/01/95 48 1,767.04 586,00 1,181.04 141,138.99 09/01/95 49 1,767.04 590,88 1,176.16 140,548,11 10/01/9'5 '50. 1,767.04 595.81 1,171.23 139,952,30 11/01/9'5 51 1,767,04 600,77 1,166.27 139,351.53 12/01/95 '52 1,767.04 605,78 1,161.26 138,745,75 ANNUAL TOTAL 21,204.48 6,947,85 14,256.63 01/01/96 '53 1,767.04 610.83 1,156,21 138,134.92 02/01/96 !l4 1,767.04 615.92 1,151.12 137,519.00 03/01/96 5'5 1,767,04 621,05 1,145.99 136,897.95 04l01/96 !l6 1,767,04 626.22 1,140.82 136,271.73 05/01/96 !l7 1,767.04 631,44 1,135.60 135,640.29 06/01/96 !l8 1,767,04 636,70 1,130,34 135,003.59 07/01/96 59 1,767.04 642,01 1,125.03 134,361.58 08/01/96 60 1,767.04 647,36 1,119.68 133,714.22 09/01/96 61 1,767.04 652,75 1,114.29 133,061.47 10/01/96 62 1,767.04 658,19 1,108,85 132,403.28 11/01/96 63 1,767.04 663,68 1,103.36 131,739.60 12/01/96 64 1,767,04 669.21 1,097,83 131,070.39 ANNUAL TOTAL 21,204.48 7,675.36 13,529,12 01/01/97 65 1,767.04 674,79 1,092.25 130,395,60 02/01/97 66 1,767.04 680,41 1,086.63 129,715.19 03/01/97 67 1,767.04 686. 08 1,080,96 129,029.11 04/01/97 68 1,767.04 691.80 1,075,24 128,337.31 05/01/97 69 1,767.04 697.56 1,069.48 127,639.75 06/01/97 70 1,767.04 703,38 1,063,66 126,936.37 07/01/97 71 1,767.04 709,24 1,057,80 126,227,13 08/01/97 72 1,767.04 715, 15 1,051.89 125,511. 98 09/01/97 73 1,767.04 721.11 1,045,93 124,790.87 10/01/97 74 1,767.04 727,12 1,039,92 124,063.75 11/01/97 75 1,767.04 733,18 1,033,86 123,330.57 12/01/97 76 1,767.04 739.29 1,027,75 122,591.28 ANNUAL TOTAL 21,204.48 8,479.11 12,725.37 01/01/98 77 1,767.04 745.45 1,021,59 121,845.83 02/01/98 78 1,767.04 751. 66 1,015,38 121,094.17 03/01/98 79 1,767.04 757.92 1,009.12 120,336.25 04/01/98 80 1,767.04 764.24 1,002.80 119,572.01 05/01/98 81 1,767.04 770.61 996.43 118,801.40 06/01/98 82- 1,767.04 777.03 990.01 118,024.37 07/01/98 83 1,767.04 783.50 983,54 117,240.87 08/01/98 84 1,767.04 790.03 977 ,01 116,450.84 09/01/98 85 1,767.04 796.62 970.42 115,654.22 10/01/98 86 1.767,04 803.25 963.79 114,850.97 SCHOOl AMORTIZATION SCHEDULE 8/23/95 PAGE 3 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10,000 % DUE PMT PAYMENT DATE NO, AMOUNT PRINCIPAL INTEREST BALANCE 11/01/98 87 1,767.04 809.95 957.09 114,041.02 12/01/98 88 1,767.04 816.70 950.34 113,224.32 ANNUAL TOTAL 21,204.48 9,366.96 11,837,52 01/01/99 89 1,767.04 823.50 943.54 112,400.82 02/01/99 90 1,767.04 830,37 936.67 111,570.45 03/01/99 91 1,767.04 837.29 929,75 110,733.16 04/01/99 92 1,767.04 844.26 922,78 109,888.90 05/01/99 93 1,767.04 851.30 915,74 109,037.60 06/01/99 94 1,767.04 858.39 908,65 108,119.21 07/01/99 95 1,767.04 865.55 901.49 107,313,66 08/01/99 96 1,767.04 872.76 894.28 106,440.90 09/01/99 97 1,767.04 880.03 887,01 105,560.87 10/01/99 98 1,767,04 887.37 879,67 104,673,50 11/01/99 99 1,767.04 894.76 872 . 28 103,778.74 12/01/99 100 1,767.04 902.22 864.82 102,876.52 ANNUAL TOTAL, 21,204,48 10,347.80 10,856.68 01/01/00 101 1,767.04 909.74 857,30 101,966.78 02/01/00 102 1,767.04 917.32 849.72 101,049,46 03/01/00 103 1,767.04 924.96 842.08 100,124,50 04/01/00 104 1,767.04 932.67 834,37 99,191,83 05/01/00 105 1,767.04 940.44 826.60 98,251.39 06/01/00 106 1,767.04 948.28 818.76 97,303,11 07/01/00 107 1,767,04 956,18 810.86 96,346.93 08/01/00 108 1,767.04 964,15 802.89 95,382,78 09/01/00 109 1,767.04 972,18 794.86 94,410.60 10/01/00 110 1,767,04 980.29 786.75 93,430.31 11/01/00 111 1,767,04 988,45 778.59 92,441.86 12/01/00 112 1,767.04 996.69 770.35 91,445.17 ANNUAL TOTAL 21,204.48 11,431,35 9,773.13 01/01/01 113 1,767,04 1,005,00 762,04 90,440.17 )2/01/01 114 1,767.04 1,013.37 753,67 89,426.80 03/01/01 115 1,767.04 1,021.82 745.22 88,404.98 04/01/01 116 1,767.04 1,030.33 736.71 87,374.65 )5/01/01 117 1,767,04 1,038.92 728.12 86,335.73 J6/01/01 118 1,767.04 1,047.58 719.46 85,288,15 07/01/01 119 1,767.04 1,056,31 710.73 84,231.04 08/01/01 120 1,767.04 1,065.11 701.93 83,166.73 09/01/01 121 1,767.04 1,073.98 693,06 82,092.75 10/01/01 122 1,767.04 1,082,93 684,11 81,009.82 11/01/01 123 1,767.04 1,091,96 675.08 79,917.86 12/01/01 124 1,767.04 1,101.06 665.98 78,816.80 ANNUAL TOTAL 21,204.48 12,628,37 8,576.11 01/01/02 125 1,767.04 1,110.23 656.81 77,706.57 02/01/02 126 1,767.04 1,119.49 647.55 76,587.08 03/01/02 127 1,767.04 1,128.81 638.23 75,458.27 04/01/02 128 1,767.04 1,138,22 628.82 74,320,05 SCMOOl AMORTIZA':'ION SCHEDULE 8/23/95 PAGE 4 KATHLEEN FISHER PRINCPAL 164,436.39 INTEREST RATE 10.000 % DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST BALANCE 05/01/02 129 1,767.04 1,147.71 619.33 73,172,34 06/01/02 130 1,767.04 1,157.27 609.77 72,015.07 07/01/02 131 1,767.04 1,166.91 600,13 70,848.16 ')8/01/02 132 1,767.04 1,176.64 590.40 69,671.52 )9/01/02 133 1,767.04 1,186.44 580.60 .68,485.08 10/01/02 134 1,767.04 1,196.33 570.71 67,288.75 11/01/02 135 1,767.04 1,206.30 560,74 66,082.45 12/01/02 136 1,767.04 1,216.35 550.69 64,866,10 ANNUAL TOTAL 21,204.48 13,950.70 7,253.78 01/01/03 137 1,767.04 1,226.49 540.55 63,639.61 02/01/03 138 1,767.04 1,236.71 530.33 62,402.90 03/01/03 139 1,767.04 1,247,02 520,02 61,155.88 04/01/03 140 1,767.04 1,257.41 509.63 59,898.47 05/01/03 141 1,767,04 1,267,89 499.15 58,630.58 06/01/03 142 1,767.04 1,278,45 488.59 57,352.13 07/01/03 143 1,767.04 1,289,11 477.93 56,063.02 08/01/03 144 1,767.04 1,299,85 467,19 54,763.17 09/01/03 145 1,767,04 1,310,68 456.36 53,452,49 10/01/03 146 1,767.04 1,321.60 445,44 52,130.89 11/01/03 147 1,767.04 1,332.62 434.42 50,798.27 12/01/03 148 1,767.04 1,343.72 423,32 49,454.55 ANNUAL TOTAL 21,204.48 15,411.55 5,792,93 01/01/04 149 1,767.04 1,354.92 412.12 48,099.63 02/01/04 150 1,767.04 1,366.:n 400.83 46,733.42 03/01/04 151 1,767,04 1,377.59 389,45 45,355,83 04/.01/04 152 1,767.04 1,389,07 377.97 43,966,76 05/01/04 153 1,767.04 1,400.65 366.39 42,566.11 06/01/04 154 1,767.04 1,412.32 354,72 41,153.79 07/01/04 155 1,767.04 1,424.09 342.95 39,729.70 08/01/04 156 1,767.04 1,435.96 331.08 38,293,74 09/01/04 157 1,767.04 1,447,93 319.11 36,845.81 10/01/04 158 1,767.04 1,459.99 307.05 35,385.82 11/01/04 159 1,767.04 1,472,16 294.88 33,913,66 12/01/04 160 1,767.04 1,484.'p 282,61 32,429.23 ANNUAL TOTAL 21,204,48 17,025,32 4,179.16 01/01/05 161 1,767.04 1,496.80 270.24 30,932.43 02/01/05 162 1,767.04 1,509.27 257.77 29,423.16 03/01/05 163 1,767.04 1,521.85 245,19 27,901. 31 04/01/05 164 1,767.04 1,534.53 232.51 26,366.78 05/01/05 165 1,767.04 1,547.32 219.72 24,819,46 06/01/05 166 1,767.04 1,560.21 206,83 23,259.25 07/01/05 167 1,767,04 1,573.21 193,83 21,686,04 08/01/05 168 1,767.04 1,586.32 180.72 20,099,72 09/01/05 169 1,767.04 1,599,54 167.50 18,500.18 10/01/05 170 1,767.04 1,612.87 154.17 16,887.31 11/01/05 171 1,767.04 1,626.31 140.73 15,261. 00 1:/01/05 172 1,767.04 1,639.87 127.17 13,621.13 ANNUAL TOTAL 21,204.48 18,808,10 2,396.38 SCHOOl PRINCPAL 164,436.39 INTEREST RATE 10.000 % AMORTIZATION SCHEDULE KATHLEEN FISHER DUE PMT PAYMENT DATE NO. AMOUNT PRINCIPAL INTEREST 01/01/06 173 1,767.04 1,653.53 113,51 02/01/06 174 1,767.04 1,667.31 99.73 03/01/06 175 1,767.04 1,681.20 85.84 04/01/06 176 1,767,04 1,695.21 71.83 05/01/06 177 1,767.04 1,709,34 57.70 06/01/06 178 1,767.04 1,723.59 43.45 07/01/06 179 1,767.04 1,737.95 29.09 08/01/06 180 1,767.61 1,753.00 14.61 ANNUAL TOTAL 14,136.89 13,621.13 515.76 318,067.77 164,436,39 153,631.38 8/23/95 PAGE 5 BALANCE 11,967.60 10,300.29 8,619.09 6,923.88 5,214.54 3,490.95 1,753.00 ,00 KATHLEEN H, FISHER, plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA NO, ';'.J" - :J-/ t'i r<L.....C CIVIL ACTION IN CONFESSION OF JUDGMENT v. BUSINESS AIRPORT OF CARLISLE, INC. , Defendant NOTICE OF ENTRY OF JUDGMENT BY CONFESSION To: Business Airport of Carlisle, Inc., Defendant ,,\ l_/J.:L .) J' I you in the sum of You are hereby notified that on judgment by confession was entered agai~st $ j(.,. I r.2, 1 ( in the above -captioned case. , 19~ DATE: 0"- ),r-tj\- , . u.. l- Li.. Pro '!:ffa ( YOU SHOULD TAKE THIS PA~' r/rjR 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 4TH FLOOR, CUMBERLAND COUNTY COURTHOUSE CARLISLE, PA 17013 (717) 240-6200 I hereby certify that the following is the address of the defendant stated in the certificate of residence: P.O. BOX 100 12B5 RITNER HIGHWAY CAALm~ ~";2 TRUE COPY FROM RECORD Attorney for Plaintiff In Tostlmony \'IIW'-'ll, I two unto set my ~alld and t~ "e"I..;: ;... "':i-,"," Jl G~rllsle, Pa. Thl. /:', oa .11"' )..101. 19 'i\ It .:. t. ' J.: t ( l,...~. j f ~ Xl,,)y EXHIBIT "B" -,.- I '~4..i'~ 1Q 'l'hin ela s after elate d to th. order of KA.....1...... ",- "".""'r. l\nni"Q ~I?"';"g. Oll. , aNI Bank.AA ... __"aa- _"". --.. een year~ - l'.ll- proml.. 10 pay at t.h. 'I" th. lum of "' w"...... .......w-. ..... ...,... ... ,.....ur j' - .- ,.. .-' .., .......'''.N .-." .-" ."...''''-' .. ....-, ..._,..... ,. ..... ...._. ....... ,.. ... ._ .-. .... .. ~..n._. .Il' ,_ .. ..... ,,__ .. ....... ..- ..., .. ..- ... .Il' II ... .... ..... ,.. .......... ,_, .._ we _ ...... AI! II",.....j......... .. .11 ...1 _.. ..., .., .. 10.... .- .. ...- .... .,., .oO .. ....., ............- ... ..-. ... ...-.......... ..~...... - ... .. ,.. .... ......... ,.....oo..... ... ___ ,..- .... ........ .... ...... _. .. _ .. . .. '''' -....-.:.--toit.~.~....- ""- "' "'." ,,-... ... ,n _,-.... Of'_ .... of all' ".... ... .. ,..... .. .......... .. .. ~-... .. ',,,, ":0. W.-....I : ~: ..'.~ ...." ;. .,n .. -:: ...... . .. ~~: ....:.~',. ~':..: :. : \..~. ,.. : ;:-.': ~ ~.. ,,:\':'!"';: .. .." t. ,_ . ..:: ..........'....... /.-..... i ,../;,:~,"'''~'' ..... ,:,,--~', .",' SiAUPr'I~lIWln H""'"'f'"'Qt'\ !=;.iV11" ~AUQI\ ,,"t1 ~".,~/'nn DOLLARS B~ iUZ of E~;~ Inc, ..~' q.' .p- ".'Ji. U';D/1M p:- ,:';'<111... ~..A", ./ SEAL SEAL SEAL .1:101. "" .... EXllIBIT "COO 14\1' prllf" . ./hrl.h>JI, .fJ~nwl",y;.)'YI{/~~mJ (c: th.." ,. "_(111\""" U I ,'Ilr\'Il"I(\1l II'" r A\I 1111.11 "Iltlll C^RlI~LE. /'r.NNW1VANIA 1/01.1 !!LHIIONf '7171203'JlAl '.!RUM.I f M.~'. I'DI' (J,\NIEl)( f}[AII.(lORrr 111"M"~ J \I'lll.IAM' r,'Cl V (lJ1('1 10 MEMORANDUM OP BE'ITLEMENT Dnte of Settlement Ot!l:ober 20. 1988Asscssed Vnluntlon $ Sold By Ivo V. Otto. Jr. and S. Katherine GUY Sold To RUAineBA AirDort: of Carlisle Address! S.S."Fed.I.D.' Location of Property Purchase Price Down Payment Bnlnnce 54-0Q754~0 ~nt1...h Mi ,""n arnn '1'nt.mAh.fp Bnlance pnld as followsl $ 70.000.00 in ~ARh R~ ~lnAinR $ $ $ $ $ RO 000 00 $ 10.000 00 $ 70 000 no Prorntlon of Tnxesl School $ Waived $ County /Road/Borough $ Totnl Pnld By Seller to Buyer Buyer to Seller $ $ PEES AND EXPENSES TO BE BORNE BY SBLLBR BUYER Prepnrlng Deed/Settlement$ poe Title Senrch/~?tt1ement 1-f'0'- Mortgage Satisfaction - Recording Deed $ 12.00 Piece $ l2.00 Recording Mortgnge $ Acknowledgment $ 2.00 Acknowledgment $ Trnnsfer Tnx $ 800.00 Transrer Tnx $ 800.00 Tax Prorntlon $ waived Tnx Prorntlon $ Realtor's Commission! $ Pri~p ~ AAAn~iA~PR $ 'i F.on no $ $ $ $ $ $ $ Totnl $ 6,414.00 Totnl $ f:ll? nn EXHIBIT "E" CERTIF'ICATE OF SERVICE [ hereby certitY that a copy of the foregoing Praecipe was served this date via Federal Express. addressed as follows: Breit D. Davis. Esquire McNEES. WALLACE & NURICK 100 Pine Street P.O. Box 1166 Harrisburg. P A 171 08-1166 MARTSON, OEAROORF(;:IAMS & orro By U'~ , ,4 Stephen L. Bloom. Esquire W. Darren Powell. Esquire Ten East High Street Carlisle. PA 17013 (717) 243-334 I Altomeys for Defendant Business Airport of Carlisle. Inc. Dated: November 20. 1995 'IF1LINlATAf1LMBH(X)l..nlll~'1l Ndw r...... 1~IM1c:.1'loAM IlmMd tW1~10141)O'''' .f KATHLEEN H. FISHER, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA v. NO. 95-5189 CIVIL CIVIL ACTION - LAW BUSINESS AIRPORT OF CARLISLE. INC. IN CONFESSION OF JUDGMENT Defendant PRAECIPE TO THE PROTHONOTARY OF CUMBERLAND COUNTY: Please withdrawal Defendant's Petition to Strike Off or Open Confessed Judgement and Stay of Execution Pursuant to Pa. R.C.P. ~2959 with prejudice. MARTSON, DEARDORFF, WILLIAMS & OTTO By (\ ) \ C~, ~~~ \~" LA Stephen L. Bloom, Esquire \ W. Darren Powell, Esquire Ten East High Street Carlisle. PA 17013-3093 (717) 243-3341 Attorneys for Defendant Business Airport of Carlisle, Inc. Date: April 23, 19Q7 , . . CERTIFICATE OF SERVICE [ hereby certifY that a copy of the foregoing Praecipe was sent this date via facsimile: Richard W. Stevenson. Esquire McNEES, WALLACE & NURICK 100 Pine Street P.O. Box 1166 Harrisburg, P A 17108 (237-5300) MARTSON, DEARDORFF, WILLIAMS & OITO By C,J, i} A_~, Q~ L\ Stephen L. Bloom, Esquire ' W. Darren Powell, Esquire Ten East High Street Carlisle, PA 17013 (717) 243-3341 Attorneys for Defendant Business Airport of Carlisle, Inc. Dated; April 23, 1997