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HomeMy WebLinkAbout95-06080 l'JunH\lllAVt'NtTI (ll'" of all of KEE Medical's obligalions 10 ShllWllluL A true and corrcct copy of the Guarantee Is attached hereto as Exhibit "0" and incorporated herein by reference, COUNT I (Against Kim Medical Unlimited, Inc. on the Note) 7, Plaintiff repeats, reallcges, and incorpo/'Rtes herein the avennents contained in paragraphs I through 6 above, 8, TIle Note became immediately due and payable upon demand and/or default by KEE Medical to Shawmut 9, The Note came due on or about June 12, 1995, by virtue of a written demand for payment in full made upon Richard Ellis, as President of KEE Medical. A true and correct copy of the June 12, 1995 demand letter is attached hereto as Exhibit "C" and incorporated herein by reference, 10, In default of ils obligations under the Note, KEE Medical has failed to make payment or othelWise resolve the indebtedness as demanded in writing, 11. Pursuant to the Note, KEE Medical has waived presentment, demand, protest, and notice, 12, The total outstanding balance due to Shawmut under the Note computed as of October 13, 1995 is $174,872,93, including interest, which amount is calculated as follows: a. Principal $150,278.59 b. Interest (through October 13, 1995) $24.594,34 TOTAL $174,872.93 13. KEE Medical is responsible for reasonable attorneys fees and costs incurred by Shawmut Bank, 2 L\JOllN\lllAWN\II.l'OM 14. KEE Medical is liable to Shawmut for all outstanding balances due under the Note in the total amount of $174,872,93 as of October 13, 1995, plus interest accumulating thereon to date of judgment, costs and reasonable attorneys fees which are continuing, IS. 11le amount requested by Plaintiff is in excess of mandatory arbitration limits, WHEREFORE, l'laintiff Shawll1ut Hank, N,A requests this Court to enter judgment in its favor against Defendant KEE Medical Unlimited, Inc, $174,872,93, with interest at the rate of 12% per annum from October l3, 1995, to date of judgment, for reasonable attorneys fees and costs, and for such other relief as this Court deems proper, COUNT II (Against Richard Ellis on the Guarantee) 16. Plaintiff repeats, realleges, and incorporates herein the averments contained in paragraphs I through 17 above, 17. A demand for payment of the indebtedness due under the Note pursuant to the Guarantee was also made upon Richard Ellis, individually, on June 12, 1995. A true and correct copy of the demand to Richard Ellis dated June 12, 1995 is attached hereto as Exhibit "0" and incorporated herein by reference, 18. Pursuant to the Note and Guarantee, Richard Ellis has waived presenlment, demand, protest, and notice, 19. TIle total outstanding balance due to Shawmut under the Note computed as of October 13, 1995 is $174,872.93, including interest, which amount is calculated as follows: a. Principal $150,278,59 b, Interest (through October 13, 1995) $24.594.34 TOTAL $174,872.93 3 C1" '.. 10/18/8& 10: 2B 0203U8GUOT Call1l[RCL~1. Ll),~~S If! Ilf't-/,.. d7/~VI (17 eShawmUt Worcester County Bank,NA llIa02 . DEMAND "IIM"II".lIf'-'~ :. !-.CUlVr;\ -. '.:.: PcrtlOllv ~.~I"II.~ WOICV"l>f, MOII._-1IUg\,\S LlJl..- ,9..1UL s. zOO-/.OJlll.....lLQ. .-'- on demond, tilt ytY.le<1lgnt<:l UOInllv and ...."Ollv II mOltlhOn 0n91 plomllV to POV 10 the Old" 01 ~h'.lwmul Wo<ctl1ltrCounlY 8Qn~, N.A. '.lIthe banll. TWO hundred tho.usand a_I!!LQ.O/lOO .........................u....U....DoIlQrI, Of' luch leswr amOJrlt which lhall hoVQ blKln advancvd hQruundGf and remaIn n\,jl~or\dino wllh ,n!wu.' on thR IJnnnirJ bolanou 01 princIpal. horn 11m.. to 11m.. ouI"anding. allh.. 101" hlIrllinQlI'" provld..d until poid In 11111 Tnt rOI. 011/1''''.1' ~ovoc" r..'.y"o.r IMOII ce IMe oaa'eaole 01 1'1 "e Co'ooro'e eo Ie 'iOle 0',0 :, I 2 % De' onr,ym Interel! Will c. compU180 on In. celli at a 3eO.00v \'80' ~"II ol,"oro 1M' ere II Iholl I:le 0010 rr ,"r "o~ co~-encr." 0' ip~)'t"""''''' \ n '989 CoIPOfOlfl Bose Rola thOU ""901"\ '''8 OnlllJOlf"lf!l (lllrt,,'eS1I!f.'ot.fl,hPd t-) tOld Bonl!. 1'C'~ t.IT'~1 mf!' 0' 'ne> pmv':lpcl Ot';CO 01 !.Old e.ank. o!.lIr. Corooror8 BOle R016, Thfl ro" or Int6rest pO'iOble tle'e...r.ce' 'hOII be c:~cn,,&d et1ec'"t ;)~ '::' 'i'.)' CO'i Of'! whitl' 0 cr,O"Q8 II' tnlil CorOUQt. 8tue nole becomft'. efltwJh...~ Anyar\d a'deposlts 01 ct~af 'iJmt 01 OF'ly tlmo or IlrrCl;cfcdllCd by 01 Clue from 'he ~oI.:Jr' II) C"'Id 011 ~ctJ'jllc.. 0' olher p'opertv 11"\ po\:.':.C,;~or 01 tne hOloer IOf WfikWfI,)lnQ 0' ol116rwl,e 01'\0 t:Je1on9,lnQ '0 0:1.,. moke'. lnl,)orSfjr, Of Q'J-.lIC;r"(.;I c.l "'1) t',(JI~ 0'0 onO btloll tJ~ iUl)/ocllu a 't:tCU~ltv Intef(~~r 11'\ 10V0t of t/'le hoec"" ,;ecu~c pOymenf of ,nl~ PlO't' 0"10 fnc pormenl o~O pcllo:"!'or,~c 0;,' C"\V 0F'l0 011 oth., hcbIU'11" O~d oeli;otlon~ dlfect Of IOCJirect. Ob~lv11i1 0' t;:l,)nIlnOiI11. OytJ or TO bVttl''"'ti O\.i'lir or 11",01 'TlOv l'l9rool1t:"r l)u cc.:rl'cthKl. vi tiOI(j ro:;pec'lvtt 111\)...el. InOor591. 01 guorontotfo trio holder. UpOf\ non povl'T'Ic,.1 of "'\15 ",olc 01 of 01"', ~ut'1": liobl~ity or obliQOI,on w',er-hl' Q'J' ol"ld 01 on... time 0' lim" thlreaftc:r, without cnvdemond or "U~It,;ti tjlc,,~I!o !\,'Ch tultnl m ~ulil,;~ mo ~ be !(!~ulrea bV opp! :otle lo\\' the holder mey ~1I or di!.po~ 0' eny Of ell such ,ecurttlOJ 0' o'her prooel't/ cr"d mav ellelClle en', end o'llht:t fll;1tih occ()l'dlbc I~~ t1:;lj~1 bv the Monacnu,.rt Jl"Ilf~rm Commerclal Coda. Tho holder mov applv 0' ,el art luch dcpa!.i!. CI othel !.LrT',S at an.,. lime YJhli:tr,~r c;, rr:ll ''1~ Ilcni:ll... of thA mnkAI 1~r1nr~.A1 or Quaranta Is tl'len due The ptc....i.iorl. of this palcQ'oph or. cl..,:ml..lcl 'I. '0, en:: "C~ .tel.J"i",g cl c~. o'~,~r II;hl. Ihollhe holda; hes ,""l'h '4nP9Ct te such nA~II~. 'llm~. Utr.I;'ltIA' 0' nt~Rr nrnnRo1v IjMAI nlr.Rr On'ftftmA"''. n~ nr.plir.nhl~ rlrh,..,;" F<\ r:f I~..... Thp hr"ll(";J!l.' '~f'!ll "",,\ljllo t'ln nl,ty tn 'nltA !lIAr'" to preserve flghls ogoiru' priOI portiB' 0' 10 $UCh WC\.i!llie. or c'~el property, E~'fV mak0'.lndOl's,or, QI~ guorlJntu' of thlioI1U!G:. UI th~vt.H~QIIO.1 tC:p'L~('nt.li:d bt Uli:. ru.:.I<': A~I,,'\i.lt ~'li.'1l1li'1 ,Ill tall II. dWllIl,)IIlJ, IIU~:l.::W, plol~:.t. CH'ld nil nMr nAmnnn\ rt nntlr:A~ I~ r.nnnAr.tlnn wllh lr\A rfRh/AIV nr-r:An1nl"rA irvtnr..pn-,Ar.l n-ll,rl."I''""1nr-~.~ rltl!ilr.lu1t, Of .nfr.vr..m~rt of !hl" rV,\'~. Q~nt, toonvond 011 eJ1ontiur., or ~",tponeTlenltol '110 I,me 01 pOt'men' 01 anV oHler lr a...I~~,. .:~' I:J ui"IY !.l,j!,:.lol.tl..llol'. ~"I...-ha't~c, ur /c:IOOf.l:.: of c.('ilt;lternl, nnd/or 10 the onnitlrm N 1f~IAn\A nl nny nlnAI no"" rv r'fI!...M r'l,jmnrily 01 .,t-~""I:'lnr':... ,Inhl~ ""(1 o.r.fO:lv ......0111.\ (111 11.,I.tv\hip dafonsc, and dete"'el !r: the r.oture thereat Ttler undc.i,lgnod wll1 POt' all CClt'$ o~d e_Ofrnser. 01 CCJI1e:'IC/r lr,l<Juir";J u"Dtrc,;V~ lcc'. ' .':\,.'1:'0 ~ P'-'c or th\i.' I'c.: d~' j", ~:'i":JICE'I~ Ih!~ i"u:.II.. 1.:.1' the CQllgl]tl(VlS h"..bv .....It;t4'I"'.r,'I!"(1, 't) the l!".l~nl r.,I'!'HT"i"l!'t:1 b'{ nvJ NO d.la,/ Of omlUie!f\ C" ,". I"I.~I~~' In W.4i't;tllng t)nv f1r;11'11 Q' ",....tCl.,.. "t'i'lJr-.ai'~ ,~QII cC'rlh"J1t Q W~'\i.t -;t anv ,vch fight \>f 'urr,Wdy, Accup. lunCH IJVlhttl\u1UI;IIIJ' lJrIYIJUYjll~111 t)lt~r tJ~lll'JIMJ :J<<JlIl'\,'I.'H tJ~t-;oIlli"'jlIJ Wyjl/l-If uf ~l,I:ll u",".;.l'!U ~. wUI....~1 /JM Une occasIon '''U'I nOI ope'ole 01 Q bOr to or wOlver 0' r.lnv \,-Ch rlQtl' Of 'eme<!Y or Qnv 1I.:II"t9 c<r.CII"., The holder need t'Qt enter pol'rT'enh ot ~lIl"\ClpOl Of It..l"." ",per" 1"1) ~lo'e tul "'O'y mc,/,,10I"l c '~CO'C 'h.r.o' 01"1 0 ,.perole ledgtr mOlntained by Ihe hold... The word "holder" C\ l:fled i/1 tt"l! note ,~oll mear: the po,'eo! 0' trC01SG'G: cl :hls nnla w~r: I~ ("\ nn.;~R~'ii.,r 0' ,I r.r !hA hAnr'" if thl, nnlA I.. nt thA lir:'lll!' poyabr. to """Of Thil nol. thoU take effecl 0' on in"tlwm.nl und.r lltOl On Uemand t<~PdIC~l,~j t9t..Znc. G t!~ Ii ~ ) (-I - ,..Y.,t.l....,lM\;l'.~- OUlli' Allu'"" 60 Hill St. Southbridqc, Ma.olSSO Tllttl\1Ultt I,. Ther. 0" r,e1 L.. onCtl1':HV OO':\,In'lvn11 9.;I\,.:.llIt r.'l r.~'P~'?'. '91'11,,\1;" CreU11 "Ultf~lIlall' On FII'. Anocr,eo l. NUIIt! '~ 10 COl'T'.f!: 7C;(lk('ltilC!) ".\A.",OrY'1 I . .. ') eShawmut Worcester County Bank,N.~, f?1,))c;'/I;)O j.J Ii. GUARANTY (UNLIMITED) In con~derallon allha Shawmul WOIco,lo, County Bank, N.A lho,olnallo, called tho ..Bank Ingllme,lInanclaIOlolhe,accommOdalion,lo KEE ~Iedical Unl imi ted. 'J mtohdlng Cfodll or ofhot'vwlm In lis dl5crefton giv' Inc. (hereinafter collod tho "Dottower"J.lhO underSigned (horolnaflor callod Iho "Gumontor ') h("UI)~' t;;-;-(Ofld;'~~;OIl~-',i~'~~l'ofllom 10 i"t;'Bonk'''lol (0) tho Botfowor will dulV and punctuallv pov or porlOfm. 01 tho picco !'puCIIIO\J IIH?rulof (It II no pl'Xu 1\ !"l'Clllf..~l (]! 1111) Uan~ 5 H(>OU Otll'~U cr at the branch 01 the Bank whero Ihl' Guaronl~' IS glvon. olllnl1eblodnnn 1,.1IJI100II0/1' ()n(J l'lltJiI,I,PS tJlrpcl Of 1/l(j,rp,:1 I1ltlIU'l'(j elf l.f'n1oh,fOd prJmarv or secondafv. co/lain or contingent. 01 tho 60"0....0110 tho Bonl. Ill.lw or IlUfuolh!f lJ'Nlf1'll or IF\Culrnd !,n(lut.Jln~J \"lltlO'JI IrrTlllot1o)f1 Co~IS and e.pemos incuHOd by tho Dank In atlompllng fa colloel or onlofco ony alUm ICfO\JiJlflU) ....t\10\ OIl' Cf',W~lOul)11J 10 1/10 OOlfCwor lll!t~or b'{ law or undor tho lorms 01 tho Banll's Qllongornonh wllh ")0 Oo"o",or OccrlJlKllrl oucll cml~ k' Itln lin'n 01 p(],fT1l.1nllll~llllil1dor {(Olll'c!l.ul,' !tIO "Obllgahons" and Indlviduallv on "Obllgallon'"). ond (bllllhore IS on OQ'eorl1f.'fll Of In~lrurllun! l!~I(jtJnCIf1\J Qf (>Juel..lou Qr'iJ lleli.l'IU\.J III (en. 'nectlon with any Obligation, tho Bouowel YIo'11l porlorm In all o'hOl lo~p(lch sIIfCII,' III (]CcurUlJnco ....,'h IhO lorms HlL'I(>cl ThiS Guofonly IS on ab$Olulo, unconclillonol and conllnulng guaranly ollho lull onu punclual po)monl and porlormonco by Iho Borrowor ollhO Obligations and nol 01 thelt collectibllily onlV and is In no way condllloned upon any reQUlromon! Ihallho Bonk 'Irll attompt to collocl any ollhe Obllgallons from the Borrower Of anV olher par'V ptlmarllV Of secondarllv liable wI!h r05Pecllhorolo or resorllo any 'ocufll~' or olher means of obtaining payment at any ollhe Obllgatlons which tho Bank now has or may aCQuire otll!r tho dOlO tlerool, Of upon onV olher conllngoncy whatsoever Upon any default bV the BOflower In lhG lull and punclual paymont and pOIIOfmanco ollho ObllgollOns. tho llabllitlos ond CbJlgollons OllhO Guaranlor hereundet Ulall, 01 the option 01 the Banll, becomo forlh.....l!h duo anO po)'able 10 tho Bonk ....,lhoul demand Of nollCo or any nature, 011 of which ore oxprossly waived bv the GuaronlOf Povmonts by Ihe Guarantor hercundol may bo leqUlred U)' IhO Bar.1. on any numbor 01 occasions. The GuoranlOf 'urther agrees, os the prinCIpal obligor and not as a gualanlol only. 10 pO)' 10 Iho Bank lo~lhwllh upon d(>monct In lundS 1m. medlalelv available 10 the Bank, 011 cosls and ewponses {Including courl COilS and 1(l001 alponms} Incu'rl.~ Of mJ:'onded b)' Iho BOf1k In con. nectlon with thiS Guarantv and the enforcemenl horeol, togelhor wllh Inleresl on amounts roco~'eroblo unCOI IhlS Guaranry Irom ftlO limo lucl1 omounts become due until paymenl at Ihe usual rolo chargod bV Iho Bank In Similar cHcum~lanem bulln no o~ont less Ihan 1'~i1 par annum The lioblltty of the Guaronlor hereunder shall be unllmllod In omounl The obligations 01 Ihe Guarantor under thiS Guaranly ShOll conllnuo In tulllorco and offccl unlll ThO ean~ shall havo I(lcelvod lro'Tl 1"0 Guo'onlor Wltnan notice of 'he Guarantor's Intention to discontinue this Guaranly. notwlthslandlng any Inlormodlalo 0110""00'01)' pa~'ffler'\l Of solllomonl or the whole or any port ollheObligallons No such notice shall aNect the lIabilll~' ollno Guaran'cr horeuPdor wllh leSPDe! 10 or,y Obllgallons In. curred by Borrower 10 the Bonk or With respect 10 which IhO Bonk has bocome commilfed pllOf 10 Ihe I(~CClpl cl such nollCS In If'1e e~er' 01 an... luchdiSConlinuanceol this Guaranlv_ 011 C"OClls. drOlls. nolos. Instrurnenls (negollobla 01 01"0/\\150) and ....rlllngs dro~n or rr,Ode b)' or lor Ihe account 01 the BOfro.....or on lho Bank 01 any (jIIIS agenls pUlporllOg to bo dOlod en cr l)olorl? llle dalo ~uctl C1lsccnllnuOflCO ISlccolvod tJy !tle Bonk, allhouQh prosenled to and paid or acceplOd by lho Bank allor Ihal dolo shall form Dorl cl Iho Cl)ll~atron~ No svcn I1Clrce shall bo el. fectlve unless rOCol\o'ed and oCknowledged by an olflcer ollhe Bank ollIs Head OUoce 0' allt"l~ branch 01 !he BanI. ....t'\ero HllS Gvaranl~ IS given The Guatanlor granls to Ihe Bonk, 05 soculily lor IhO lull and puncluol pavmenl and perlo/manee ollhu GuoronlOl.S obligollons hOI(lundor. a conllnulng hen on and SecUFlty Intere51 in all secunties or olhor propelly belonging 10 Iho Guorantcr no..... 01 t'\oroallc/ held b~' Ihe flank and In all depoilts and olher sums crOOlled by or due Itom the BOf'll to the Guarantor or subiC'CI to wllhara.....al by Iho Guaranlor. and rlJgard'C'ss CllhE! adequacy 01 any collaleral Of other means 01 obtaining repayment clthe Obllgallons Ihe Dank mo~' at any lime and .....,thoul n('l,eo 10 Ihe GlJOrantor let off the whole or ony pOlllon or portions 01 ony or all such doposlh and olher sums agolnsl on-,ounls pa~'abjo und(lIIt)IS Guarani)', whethet Of nol any olhor perlon or persons COuld also wllhdrow mona~' Iherollom , The Bani( shall be at hborl~', Without giving nol,co to or ablolnmg tt'lO 05sonl oltt'\o GUOlonlor Gnd \..IU'\Oul rnho"lng Iho Guoronl0r clan)' llobd,l,' hereunder, to 0901 wllh Ihe Borrawor Qnd WII" eocl1 othor parly .....ho no..... IS or aftcr Ihe dolo I'\l.'roo! boeorrps joOl110 an any manl1O/lor any of Iho Obligations. In such mannor as Ihe Ban"" In 115 SOlO dlscrollon dooms hi, and 10 UllS ('nd 1t10 Gll\1I0nlOf 01',,'05 10 ltl(' [Jan~ full oult'\erll~' "' lIS Solo dilCfohon to dO any or 011 ollhO loHo.....mg things tal o~lorllj crodll. make loans ond allofd U!tl(ll finanCial acconHnOdollOnslo Ihe Borrower 01 such limes, in such omounh and on suCh lerms as tho Bonk may approvo (blvory Iho IcrlflS ond (Ironl mlonsrons 01 rone....als 01 an)' prosenl 0' luturo indeblooness or obligation 10 Ihe Bonk ollhO Borro.....or or 01 any SuCh dher parlt. {el yranlllmo, \\'I,]I\'ors and OlMI InOulQonCNln resp&Cllhefoto. (dJ varV. o.c"ongo, loleoso or dlscharoo. whollV or paltlally. O! d01U)' In cr absloln 110m pellocllng and onlolclng an). !Ocurll,' Of guaronty or olher means 01 obtaining paymenl 01 any ot Iho Obligations which the Conk now has or acqUlrm ollar Ihe dolo hereel. (ol OC. cept partial payments from lhe Borlower or on., such olhor patlV, (I) reloase or dlSCtlOlge. ....,hollv 01 porllolJ)". an)' ondorser or guarantor, o~d (g) compromise or moke any settloment Of other olfangomenl wllh Ihe Borro......er or any 5uch clllel parl\' " 'or any reo$On the Borrawol has no legal Ollslonce 01 IS under no legal obllgallon 10 dl5Cholge any OllrlC' Olllloollons I..Jnderla~pn ('\1 Pl.I' ported 10 be undertaken by II Of on ils bohal', or II any oltl\o monoys InCludOd In Iho Obligolluns hQ\'o tJocorno unrec\J~l.lfa~le !rem "',0 Bor. rower by operalion 01 law 01 lot cny olhcr flJaSOn, thiS Guolonlv ~holl rlO\Cl!tholms tJe blndrng Q~ 'he Guaronlor 10 It"lQ sarro ellenl as tlltl0 Guarontor 01011 times had boon Iho p,.nClpol doblOl on 011 SuCh OtJilgo',ons ThiS Guolant)' shOll bo In Otld,llon 10 ant ethor gUOlon!" or c'h('r socuIllV for tho Obligahom, and II ShOll noluo prOJudlced 01 rondoro<j urll:.mlolcoatJlt') Or' the Irh'Olidll,' 01 an) SuCh clher guolonly ('r H~C'..'o'\' Notwllh51ondlng on)' paymenl by Iho Borrowor 10 tho Bopk olltlQ wholu cr ony pOll Ion ollho Obligallom II !110 Bonk shott bo roq\.Jllo~1 10 1;0)' any amount so paid 10 tho Banll to a Trusleo in BonkJuplcy 01 "'0 Oorro",,-or, 1110 Guarontor shall romaln liable lor any sums so oald to ~aid Trustee The Guarantol waives notice of accoptanco hereol. nollco 01 on)' aehan la~on or omlllOd by Iho Bank In rollanco horcon, and any requlremenl that Ihe Bank be diligont or prompt In making demands heroundel, Olvinn notlcP 01 on\, dploult tJY tho OO.lo....er or \..ns~rllr\'J url)' oHll'r IllJhl ct the Bonk hereunder Tho GuoranlollJr~o irlovocably WalyfJS, 10 Iho tull13~I Ollonl pormlltod bv law, aU dolon505 which 01 any 11(110111(1) be available in respect 01 tho GuoronlOl'1 ObligatIons hereundor bV \'uluo 01 ony homo5tood olp.rnpllon slalule olllmllall(1"~ ~OhJOlll'f' ",I, 1l10lotOl'IUm low or olhOl !llmllor law now Of horoa"or in Qfloct 6B5IqG.tl.l t6to 2900t i . Shawmut Bank SIIU\\l11llt lIall~. r".A. ()II\' 1'\'th'I,11 Slll'fl. II'hlllll ~tA Il!211 Td (.11 ;IJ~ ;111111 June 12,1995 VIA FlltST CLASS ANn CERTIFlEn MAIL! HETUHN HECEII'T HmUESTEIl Richard Ellis, President Kee Medical Unlimited, Inc. 18 Sycamore Drive Mechanicsburg, PA l7005 RE: Obligations ofKee Medlcnl Unlhlllted, Inc. (the "Borrower") to Shawmut Dank, N. A. (successor-In-Interest to Shawlllut Worcester County Bank, N, A.) (the "Bank") Dear Sir: Reference is made to that certain promissory note dated August 10,1989 in the original principal amount of $200,000,00 made by the Borrower payable to the Bank (as amended, modified or supplemented from time to time, the "Note"). DEMAND is hereby made for the inllllcdiate paymcnt of thc indebtedness due under the Note including, without limitation, all principal, interest (accrued and hercafter accruing), late charges, attorneys' fees and costs which the Bank has or may incur in conncction with collection of the Note, Payment should be made to the following address: Shawmutllank, N.A. One Federal Strcct 01'-3317 Bostoll. ~lassachusctts 02211 Allelllhlll Lcesa Z. Williams You arc hereby advised thlllllny pl1l1inl payments ornmounts due under the Notc made by you, or any party on your behalf 1I1ll11lCcepted by the Bank, shall be accepted under a reselVation of rights and further, shalll\ut constitute n waiver uf delillllt, waiver of dcmand, or walvcr of any er right held by thc Bank under th..' Note, nny related loan documents or applicablc law. i 'J Nothing contained herein shall r.nn~t1tutc II waiver or IImitatiun or any of the nank's rillhts under the Nate. the Guarunty, any related loan documents or ~p(llicahle law Indudinll. without Iimitltion, the rishtlo lal<'e any action with respect tu UllY .:ollnteral ~ecuring your Iiabilltlcs to the BaliI<' AS may be pcmulled by Ihe Notc, the GuaranTY. lIny rclah:u luan dl'lcumenl~ or IlppIlcnble law, Sincerely, SHAWMl.ITBANK, N.A c.---- ay::--':~~~'( ~'. " _" Name: L~.!:f. Wi1Iiam~ ._~-~ Title: Assistant Vice President cc: ,Israel M. Sanchez, Jr., Esq. OToflj .lllOlIHOll JJ1KlIVIIS 0008 O~; L TOG, 10:01 ~8/~~/Lo t~ i ""B_ -s. ~ m r.) ~ - o 0 @J :>!'.::. IS) r- "- ~ q V1 n :g :] ~-' gll1 -:t I' ".:}" N rf1 t"....., "f '4l -:tl ,. -J tl 0- j .-> = . II. PRELIMINARY OBJECTION IN THE NATURE OF A MOTION TO STRIKE OFF THE COMPLAINT FOR FAILURE TO CONFORM TO LAW OR RULE OF COURT 4. Pennsylvania Rule of civil Procedure 1019(HI requires that a Pleading must state whether any claim is based upon a writing and if so to attach a copy of the writing to the Complaint. 5. Plaintiff claims in Paragraph 2 of its Complaint to be the holder of a certain Note originally executed in favor of another entity, but fails to set forth whether any documents upon which such claim of succession or holding of the Note is based. WHEREFORE, Defendants respectfully move that the Complaint be stricken off for lack of conformity to Pennsylvania Rule of Civil Procedure 1019(HI, or alternatively, that this 1I0norable Court order that the Complaint be amended to specifically set forth the facts upon which the allegation of Plaintiff's interest in the Note and Guarantees attached to the Complaint is based. Respectfully s~bmitted, Date 5" A,l~C f J- MARTSOLF 1. / ! By! Ellquire Attorney I.D. No. 23949 2515 North Front Street P. O. Box 12106 Harrisburg, PA 17108-2106 Telephone: (717) 236-4241 Attorneys for Defendants - ~ 0 e s~ :!1 ~~ ... Q~ 1- :' ~~~ 1 ";-J W t.... \,j(.J 14-, Jl Ii. (.:.. \l... \r> t~ 0 ,1" 0 ~