HomeMy WebLinkAbout96-00639
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PNC Bank, National
Alloeiation,
) COURT or COMMON PLBAS
) or CUMBBRLAND COUNTY
)
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) CIVIL ACTION NO. I 'i I, I, l'i (~;..( 'f. " -.'
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Plaintiff,
VI,
Autohaul Harrilburg, Inc.
4150 Chambarl Hill ROld
Hlrrilburg, PA 17111,
Dafandant
BNTRY or APPIARANCB AND CONrBSSION or JUDGMBNT or MONBY
TO THE PROTHONOTARY I
Kindly enter my appearance for and on behalf of the Defendant,
Autohaus Harrisburg, Inc,
Pursuant to the warrant of attorney contained in the Dealer
Inventory Loan and Security Agreements and Dealer Inventory Line of
Credit Notes, true and exact copies of which are attached as
Plaintiff's Exhibits A, B, D and E to the Complaint in Confession
of Judgment for Money filed in this action, I appear for the above-
named Defendant and confess judgment in favor of the Plaintiff and
against the Defendant as followsl
Notes (principal and interest)
Attorney's Fees
$3,275,589,00
491.338,00
Total I
$3,766,927.00
Together with continuing interest at the rate in effect under the
aforesaid Dealer Inventory Loan and Sp.curity Agreements and Notes
and costs of suit as provided thereunder. -::---- -,
Dated I ;;/-..~ 7 ~ Nf.t
,;J
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D J, Malpezzi, Esq,
effrey A, Ernico, Esq,
Jack M, Stover, Esq,
Attorneys for Defendants
BUCHANAN INGERSOLL
PROFESSIONAL CORPORATION
30 North Third Street, 8th Floor
Harrisburg, PA 17101
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6. Plaintiff hereby certifies that Exhibits A, 9, C, D and
E attached hereto, are true and complete copies of the original
documents,
COUN'l' I
7. Paragraphs 1 through 6 of this Complaint are incorporated
herein by referenc~,
8, Plaintiff has extended certain credit facilities to
Defendant since on or about July 26, 1994. including the loans
described herein,
9, On December 19, 1994, plaintiff and Defendant entered
into a Dealer Inventory Loan and Security Agreement (the "First
Agreement") whereby Plaintiff granted Defendant E.I line of credit in
the maximum principal amount of $2,450,000,00, a true and correct
copy of which is attached hereto and made part hereof as Exhibit
nAil,
10, To evidence the indebtedness outstanding pursuant to the
First Agreement, Plaintiff executed and delivered a Dealer
Inventory Line of credit Note dated December 19, 1994 in the stated
principal amount of $2,450,000 (the "First Note"), a true and
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oorreot oopy of whioh is attaohed hereto and made part h'l!r~of as
Ji:xhibit "B",
11. On June 21, 1996, Plaintiff and Pefendant exeouted an
Amendment ("Amendment") to the First Agreement and the First Note
whereby, inter lll..lJl, Defendant's line of credit under the Firat
Agreement was increased to $2,660,000,00. A true and correct copy
of the Amendment is attached hereto and made part hereof as Exhibit
ne",
12, Paragraph 17 of the First Agreement and the First Note
each contain a warrant of attorney authorizing Plaintiff to confess
judgment for such sums as are due to the Plaintiff and attorney's
fees for collection in an amount not to exceed fifteen percent
(16~) of the amount of the judgment,
13, Defendant is in default of its obligations to the
Plaintiff under the First Agreement and the First Note by failing
to make principal payments to the Plaintiff on the sale of motor
vehicles to effect the purchase of such vehicles when and as
required by the First Agreement and by failing to fulfill other.
obligations to the Plaintiff as required by the First Agreement,
14, By virtue of the aforesaid defaults, the entire unpaid
principal balance of the First Note, and all accrued interest
3
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"seoond Agreement") whereby Plainti f f granted Pefendant a second
line of oredit in the maximum principal amount of $900,000.00 I a
true and correct copy of which is attaohed hereto and made part
hereof as Exhi.bit "0",
19. To evidence the indebtedness outstanding pursuant to the
Second Agreement, Plaintiff ~xecuted and delivered a second Pealer
Inventory Line of Credit Note dated December 19, 1994 in the stated
principal amount of $800,000 (the "Second Note"), a true and
correct copy of which is attached hereto and made part hereof as
Exhibit "E".
20, Paragraph 17 of the Second Agreement and the Second Note
each contain a warrant of attorney authorizing plaintiff to confess
judgment for such sums as are due to the plaintiff and attorney's
fees for collection J,n an amount not to exceed fifteen percent
(15%) of the amount of the judgment,
21, Defendant is in default of its obligations to the
Plaintiff under the Second Agreement and the second Note by failing
to make principal payments to the plaintiff on the sale of motor
vehicles to effect the purchase of such vehicles when and as
required by the Second Agreement and by failing to fulfill other
obligations to the plaintiff as required by the Second Agreement,
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WHlalrORI, the Plaintiff demands judgment in its favor and
against Defendant in the amount of $79:2,580,00, together with
continuing interest at the rate set forth in the Seoond ~greement
and the Second Note and costs of euit as provided thereunder,
Respectfully submitted,
-~----
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By 1._ .'-' . - --'__
el J, Malpezz , Esq.
Jeffrey A. Ernico, Esq,
Jack M, Stover, Esq,
Attorneys for the Plaintiff
BUCHANAN INGERSOLL
PROFESSIONAL CORPORATION
30 North Third Street, 8th Floor
Harrisburg, Ph 17101
7
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UNSWORN VlRIFICATIOK OND!a 18 Pa.e,s. 14904
., TllOKAS H. E'AlUl:IIl., het'eby vet'ify tlUlt: thlll Ilvftrmlllnl;1I of fact;
oontainl!ld in the foro!lgoinO' r:ompluJ.nt. In C:onfllflllion of Judgment are
true and correct to tho b'~I~t M my knowledge, inform""tion and
belief I that ! am uuthori l.fld to malte thifl YC;lrifioatlon on behalf of
liNe BANJO: NATIONAL ASSOCIATION I Clnd that it is made 5ubj ect to the
plllnaltie~ of 18 Pa.C,S, ~4904 regarding unsworn falsification to
authori.ti.flfl,
PNC BANK NATIONAL ASSOCIATION
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Thomas M, Parker,
Vice Pt'esident corporate Elanking
TOTAL P.0.2
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1l1',ll.rll INI'I.:N'IOI\\ Ill,\N ANIl SHIIIUT\' A,;IlLI-:MFNI
(I Ill' 1I"ltfl'l'IIIL'III"1
flNe' "AN". NATIONAl. ASSn{ 'IAlll)N, IllWlltlIIul h;IfI~llIjt il'l~lH'lIlllllll \\1111 1\ plaL'l' uf 11Ij~IIl~~~ I"Lull'tllll .IN) {'AtH .ISI.I' PI~I, ('^~II'
1t11.1., I'A 1'/1111 (Ihc "1I1111~"), 111101 AIIIIlIIAl/S IIAllIlISIIl/f('i, IN" III'I'NNSYI.I'ANIA nllll'<)f(AII')N, "h,,"c 1'1111'11"111'1",. "I
h..,llIc", " 0\, It) l'IIAMIII:llS I It 1.1. 11IlA'), IIAllIllSllllllli, I'A 1'1111 "1,,, "11';''''''), IIIIC,,,11I11'. I.. hc Icglllly h""lIoI, hc,.hy "1'''C "' ..I Ih"
11 ,llIy..1 III-< 'I.MIII'Il, 1')'1.1, ,1\ 1..11,,,,,
I. I.lIM, LlMIT,'1 FIlMS, IlllMTIN'; I.Ernlls, MI'. IItOIl OF IIlSlIlIllSLMLNl ANlIlISI': OF I'HI)<'U-:IIS,
Ilh.' ",III~ hl'll'lly lI"Il.'l''lIIlIIl;I~l' il\'itilllhlr 1IIIIIl' Ikal.." "llIIl' llllfl'drl Hill' "1.111.... IIf("I.'tlll") inlhL' 1I11\.\IIIIIIIIII'III'(IPoIl itllhllJIIlllI
'l"I~I),llrll) Ill) (1111,' "1111111 1.111I11") 11l1l1l111L' ,lillI.' IIl'll'lI' It) !Ill' l'llll,nlllltll.llU llllill 'l1~1~ UjlJ) llay~ Inll'I\\'lIl1! ,\lllll'lllllllll'l' III 1 Ill' 1l11l1l1\\II.'1
IIf"1hc Il!ltllllllllhl/ll)f Ihl' I lilt' III ("l'dll. Ill) Jl JNI. Ill, IIN,) Ill" ..."dllatl'l dilll' il"'l1la~ Ill' l',\ICndl't1 hy Ihl' Illlll~ Illlh ~1111' nlld 1111...1111111.' 11l"'l.'ll'lllJII
ill wIlIlll" III Il1l' I h'lIll", III (I.') lllll.'ll'filllllll '~dltmll"t I Ill' ill l'l1l11'1I(1' III illl 1\'l'1I1 ,ll illl I >c1';IlJIt (~lIdl l!a!lII.'~1 dnll' hdllg Icli:lIl.'tl III hl'll.'lIl II...
Ihl' "ll'lI11lllillll\lI Dille") S"hjl.'l'l hllhl! Il'lIl1'" IIl1d l'tllldlllilll'llll'll'lll. Ihl' I\lln~ ~h,dllllil~l' hOIll IUIlI' hi IIIlll' I'HIII~ 10 III I1lIl1l'1l,lll tllllll...' Dl'llll'f
(Ihe "1,IHIII"") 11I1111 U~I~ll'llllll' IlmtllJlllllullt1 l')'l.'l'l'd I hI.' I.oan I,illlll ~ljll'ly It) Iillilt1(l' llll,' PUIl'lHP..., ollll'W nl lI'll'd lIloltll \.'ehkll!s lIl.'(l'pllthll'
10 Ihl' BIIII~ ("llt.'lIIs") frtllllIllIIlHIIIIl.'ItJll'IS, tll...lllhultll~, m I\llIl'l "'Ilpplil'ls 11ll.'(l'LlI" i1l.'l.'l'pluhll' II) 111l.' "i1I1~ (Ihe "SlIppliers") lllt Mdl' m kll!)!! ill
Ih~ llIdllllll) (lllllSe elf Ihe l}cnll'l'" hIJSllll.''l\ TIll' l'all~, I,tml'\.'l'(, hl)OIII"'1.' In IIUll', III liS still' dl"'l.'ll'lltlrl, Ilia)' flli\l' Ihl' l,tHIII 1.111I11 II'IlJt.:h
nil i"""l'lI\1! 11l111l.' 1.011111,111I11 Wa~llIlllll''1IJC'lll't1 hy IIII.' 1)I.',III.'r, Ihl! l'al1~ 'lI1,IIII'I\l' IIl11lLI! of 1111.' 1I.'vi'll.'d I.tlllll I.lmil hI IIII.' Ikall'l
'I hI.' Ililll~, ill il... \nll.' dl!'ll'll'lltlll nllhl' Il.'qUI':'I1 Ofllll'lklllcf, II Ill) fllll\ldl' il Il'Ill'r Ilft:ledll III tlllll'l Mlllllhk lilllln(llIllInj\n~l'l1ll'nlhJr
Rd\'iItlt:llIll IIIll1ll')' h) It SlIPl'lil.'r III" 111.'111'1 h) f1l1)'lI1l'lIl III tll,tlh .11 tllhl.'l\"Sl' (II "l)llllilllj!, I.I.'1lW") Any pil)'1II1'11I llIadl' hy lit... UIIIll-. It) Ihe
SIIPl'lIcl IIIltll'r " I>IlIHiIlY, !.elll'r ~hlllll1l' Irl.'lIl1.'c!II'i II 1.\lilll illld Il1l' Ik>lll'r hl'lI.'by i1~I'...es 10 11'1'i1Y IIII.' "1I11~ hI' SUdl dmlts ilS provided herein
NOlwlth'ilillldinl! 'lIlylhil1~ hllhe (LIIIII MY hl'(l'in, Illl' 1\ all I-. II.'~L"\ "'S IIll' III!hl blll'/I11lllalL.' Ihe l,ine llr ('ll.'dilllnd/or nerds... 115 rlghh unde, nllY
"ulllill!:! Ll.'ller hlll'rllllnnle Ihl' BlIl'~'" ohliglllleJll\ lllltll', ~1Il:1I1 )1 "filii!! I ,l.'lIl", Illhl' 1J;1Il~ has lecl'ivl'd dmfh IInd/llr requl'sls '''lI lIdVillI..:e!) in
t~t:.....s I.'),LI'!l'i I)" Ihl' Loall Limil
Prillr It) Ihe Telllllnlllitlll Ilall.' nnt! "'1) hllll! liS Iltl I"HIII Ilf lldauh hil~ IIIll/II1.'d, nllY AlIlhtlll/cd Pl.'fllllll 1II11Y 'C.'lIUI'S! II LOilll on Itny
nlJ!lilll'~' 1);1)', If Sill'll 'l'quelll h madl.' hy Il'kpllLlfll', 1111.' II.',!,II.,..I \halllll1lnl'djilld~ be Ltll1lilllll'd III "rilillJ!, hUllhe Bunk lIIay 1'1.'1) IHI lln)'
lelephnlliL Il'qlll'sl purptll1l'dly IIIl1tla.- hy all ^Ulhilll/l.'d I'I!IStlll Illr pllll'tl..l'~ hl'll'lI1. "AllthtJd/l'd Pl'ISIHI" slllill 1111.'illl "IIY pel~~lII de\igflllled by
Ihe I killl'r pursulIllt to A (cl1ilknte 1)1' alllhorilllliol1 jlltlvidcd hi III~ Bank IWllIlillll.' 1lIlIllll.' in hHIIl lint.! SUhSlillll.'C sallsfil..:llllY hi the BlIllk, AllY
wrillcl1 requesl (including ctllllirlllllllnllllf nil oml feqUI'SI) rtlr II I,llll" I\uhll' by 1111 ^ulhml/l'd Ill'lSllll II\U~I (i) !'Ipl'~iry the 111110111111)1.' the l.onn,
(il) Indllde i1 dC!il:rlpllollllf the lIel1l~ helllg pledV_l'd It) SI'CIJII' the Loa II flllr!'llHltlllLl a 1;II)or Plal1nillg Het)UI'SI hHIll subsllInthllly ill Ihe forll1
of Exhlhll "A" BUlIched hereh), lInll (ill) he IIc~nrnplll1ll'd, ullll.., Blink's re1ltJI'SI, hy Ihl' Supplier's invoke or bill or sule: or olher adtquAte
dOCUl1ll'l1ll1llul1. Eoch 1.01111 5111111 he disbursed hy crediting Ihe DClllerls lfl'lIIa!"l tkl}()sll IICCllUI11 1I111lnlilincJ III the Bonk, or by puylng drnfis
or n S..pplier prop.rly pre5.I1I.d I.. Ihc Illln~.
1, Non.;,
The DeAler Bgrccslo execule nlld deliver hllhe Billlk n NOll', filr Ihl' slaled nllllHlIIt of tile LUAII 1.1111111 IlIlhe (orl11 Bllllched hcrCIO AS
Exhlhit I'W' (lhe "NOle") nnd, At (he BAnk IS requcst, III excl.'ule fhllll time 10 lime II SlIbslilUte Nole AS IlIe BAnk may dtsire 10 c\lidtllct nny
Increase illlhe LOAI1 L111l II , The IIctuIIIII1110unt dUl! Ihe Bnnk hereunder, cvcn ir SlJdllllllOUlI1 exceeds Ihe princlpIII Amount of said Notel sholl
he Ihe 11I'IOUl\t shown on Ihe UAnk's hooks nnd recnrds (such hooks l11ll! rl'cords shall he referred to herein as the uLoBn Account"), The BAnk
shall frt)rn lime 10 lime deliver 10 the DeAler n slalemenl of nllllllllllJ/lIS due Ihe Ball~ hercunderl which slAlement shnll be decll1ed conclusive
evidence of Ihe IIcllllll 1I1110unls due, ll/lless the Deiller notifics Ihe Bnll~ in wriling In Ihe contrary wllhin len (10) days of recelpr of slJch
slalelllenl,
J, ,\llIl1TION,\1. TEIlMS,
The perccntl1ge ofthl' purdnt...1.' priLl' elf 1I11Y 111.'111 whi(h 1I11' Ball~ lIgrel'\ In lillilllt:C pl/rst/lll1th) Ihis ^grl'cllIcnl (the "Finiulcll1~ rerllls")
is the amounl set forth olllhe Schl'llull' (If Adltilltlllill Tl.'tI1lS 1I11iIChed hCIl.'hl a~ b,lllhit "(''', The Balik fI1l1Y III any rime, in ils soil' discretion,
change Ihe Additional Terms, illcludill~ hut 1101 HmllCello Ihl' Fionnclng rCrlllS, h) dl'liverillg hllhe Iknler A revised Scheltule of Adliililll1i\1
Terms, which Schedulc, liS now l'xhllng 1I11t! liS hl'rl'anCr rl.'vl'il'd, h hlt:orptlrilll'tl hy rl'fl'fl'lICC herl'ill.
4, I''\YMENT Of' INTEIU:ST ANlI OTIIEll AMOllNTS IHIL
Thc Dealer shall PilY inll'rl'sl on Ihe agl-'rl'glllc al1lnlllllll"l.oall~ ollt~landH1t'- 111'1l!u1Hll'r i1llhl' pl'r 1I1111Uf1\ '1111.' (11I1' "Lllill1 Hall''') l'l)ll:11
10 ~n% l1hllVC Ihe Hn.nl\ls prlll1l.' nile nfil1ll'fl'\1 (lhl.' "PIIll1l' I~all.'''l \\hkh fall' ~h;llI dlangl' l'lfcLliVl' UflOIl any changl' in ~uch Prillll' Ralt,.' from
1111\1.' iii lilliI.', wllhllUlllulkl' 1IIInll' dllllll'l'l" IIII.' HilII~ lilll\l' lh'lIkl lilt' lknkl IIl1lll'I'Illllld'lIIl.lllhl' I'll II Il' l~lIh' I'f 1111111.'.1 10 llll~ noll'lllIll
rllll'lllinll'll'~111I1l1 i!J)l'f\t\IIIIll'(l'!'lMlllly Ik'l'll'M'IIIII1L' Ilml'~t 1,111' 1IIIIIIL'll'~llllll'll'llll~ IhL.: 1111111.. hi all~ Ililllll'lIl.11 l 1,1"" 1)1 lilll'lfl)l) Illlll'lltIIllL'I"l
InlflC'l1 "Ihlllllll' l'nklllnll'd hl'fl'lIlltll'I 1111 Illl' Ill'llIal 1I1111lhL'I III ,1,1~'llhulllll' 11I1I1l'11'"II'o Illll~llIlI.IIIIII, t"I'Il'd 1111 II ~'l',1I 1111hl) IIII)!), UIIIl''''''
lllllelWI"lL' "lPL'fIHl'tl ill Wlllllli\ Inll'll'~1 '!hillllw dlll' illllll'il\ ~Ihk 11'l ..11111' l.t..1 Ij.l~ III 1'.1._11 IIIl 1111 II dlllllll'- till' Il'IIII h\'ll'lll lfllHllhl' I ,IHIII'I IIll'
puilt III full nlltl '1hllll hl'lulkd III ;lllllld,lllll' \'lull 1111' H.Il1~'" "1,ll\ll,lI.llflllltll' I',dll\
"lllIllwlng IhL' II(fUIIL'II(l' III lit I I \l'nl llll 11'1111111 hl'Il'IIlIlII'I, 1tIIl'll'~1 1111 I Ill' ~Itllllllllh 11Ilhlillldlllj'. flh.llI !llllll\' ill till' pl'l 1ll1l1llHl lilll'
CllIllIt hi ~~'Il ul)ll\'l' till' I lInn 1{1111' ("l>l'lillill I(all,n)
IlIthc evellllllllt Uti), PllYllll.'lI1 Llll'lIlll"qHlI, IIIIL'Il'!'!I, In'~f (1II1illltlll'III"', III nlhll 11I1I1l1l1I1!'lllul' IIll' Hllulo. I1L'Il'IIIIIIl'l I... 111)1 plllt! wllt:n dill',
Iht ""11~ Ib herelly Illllhllli/l'llto l'Ili!l'I '1lhh IHlYIIlI'III II) IkhU1l11' llIl)" 11l'1'11!l1l lIl'l'LllJll1 tlllhl' Ih.'nll'l 1lI1l1lllUillCII \\,ith thl' ""11~ 'Ihib Iiv.htl)l
ljehilllllt II(CIIIIIIIII ilfllll' !lcIIIL'I l!lllllltldllllllltn 1It1~' rll'hllll '1l'hlllll(l'llllkd thl' 1\1I11~ hl'lClllltll'I III h)' Ilpl'lIIll111l 1I1Iil\\ I Ill" ""n~ bhllll fltlll!')'
thl' I klllc" 11"1 ~llllfl 1111 plullllnhl,:, Ihlll \lldl Ikllllllll' h,... Il(~ III I l'.!
~. IlU'A \'MFNT 1i:l1~IS.
IJIlle!l!'llhl' nllll~ IIIUl'l'''' III \\1111111' v'llh dlL,' Ik,lkl Iii ,I "l'I,l~l'd 'll'llkllll'l1l PIIIL'l'lhlll', I Ill' 1II"IIIdl'lI11wPIIIIllllf I Ill' Lllllllllllllh' III
rfrl'l'1 IhL' IHlI"dlII ftoL' III" nil Ih'lIl ftohllllll,' '1'llllllllllllIIl'dlllh'l) 1I1'1I1I11Il' \Itll', lI"'h"l'I') III' l'IIII\'I,,.,,itlllll' ..Ill'll IICIII, Indllllllll' a ..ull', all'lIV!..'I)
III l'III1WI'lltHl Illl V,hll'flllll' Ikilkl Il'll'l\l'" II",.. Ih,lIIlhl' plllll'lp;t1 nllllllllll III I Ilk' IIHIll I It I' I h'idk" 'III all 11'11111 Itl thl' BlInh !Ill upplll'lIt1tltl
i1gllin..llhl' l.llllll'lllll P'll\l'l'lh II( 1I1~I"illlll' Il'll'I\I'd Il[hlllllll' hl'l'l, d,t1l1ill'l' III tll,..lllIdltll1111 illl)" IlL'IIl 111'l1l1 Illl' lit'!'!, dlltllill!I' III dl'~lIildlllll
uf 1I1l~ Ilelll, Ihl.' tkalel ..lt~lll ill'll) pil)' ILllhl' ILlIlh Ihl' Il'IIl;lIl1l1W 111111(IP,1I ill1lll1ltllllllhl' l.Oil" ,IItI'I i'PP\l(lIltllll 1111l1l' IHl)t.'l'l'd~ Ilr IIl!'lLlliIlKl'
II't:c1Vl'd hy Ihl' Itllll" III lIlltlllillllltllhl' Il'IHI) IIIL'OII'IIl\'hillll'! "l'l 1IIIIh IIL'll'IlI, IIII.' I\anh Illil)' Il'qlllll' 1II1IIl 111111: tt) 1II1ll' t.:llItnllmCIIIS liS Sl'lli.uth
1111 Ihl' Sdll'dule III Atldllinllal rl'll1I'I
(,. 1;IIANl OF SEl'IlllIl\' INTFlU:SI.
As Sl.'l;lIflty r'lI Ihl' p/tllllpl alld Illllldll,d P;I) 1I1l'lIl "lid Ill'Illf1t1Il1I1L"L' IIf Ullllhlip.1I1l111l'" 1)1 thl' t kllll'l \11 ill1) 1!,lIlllllllhlr II) IIII' 1\111110.,
Whl'lh,:r ur lIt)t evilt~ll(l't1 hl'll'hy, IndlJllillP" hili Il'lllltnitl'd hi, IHI)'lIll'lll 111'11\1,.' llnllllJllt tlUbllllldll1!'- 11'1 Il'Ilt't.:II'I! III lhl' I.llIlll Account III'''' Ihe
pCrfllrlllllllCC hy the I 1l'i1 II'/ I)l" Itll III' Ikall'I'" IlIlIIJfUIIIl/I"l 1I'l H'I lnllh hl'll~in nlltl/Llr ill UIl)' alld iIIlIILlt.:ullIl'nl'l i1lhllll...IIUlIlcllts exct.:ulcd or
dL'llvertlllO Ihe nilllk, IlIllllhe (olllplcll' 'l;\lI..I;IL'titlll llr ~llll')o;i!'!IIII" :\1111 futllle Ilhlij1,lllil)/ls of Ihl' I )clIkr or uny IllllH,UlhH III thl' Blink of uny
IHIIUIC whntsl)~verl whelhl'r IlHllurl.'d lit 1IlIIllillllll'll, ah..nluh: lit (onlllllll'lIl, direcl or indlll'CI, !lillI', jllint III" 'll'\'l' rll I , lllltl IIIlY exlensions,
1l111llilicnlllllls or renl'wllb thCH!llf, illl'luLllng, blillllll Illllill'L1 hI, 1111111' Ilu,' Bnn~\ expense!l illOllll't1 III ({Ill Ill'l.:l 11111 Wllh Ihe colleclion Alld
pl'rftlrtllalh.'e t1r Ihe llhli!-"Iltioll'i of Ihl' lkah.'r IInd III1Y 1',lIar;lIlllll, thl~ Ililll"'s Icn~l)llllhll' lIl!LIIlll.') ''I lcl'~ llllll thl' (ll~h of (udllg nllY defllult
h~'l'lJnder whkh Ihl.' Hunk .:\cct~ In (lIrl', 1111111 \\Illdl Illl! I kah'/ hl'll'h~ al"ll'l'!) 1t1lHlY (l'IIIll'(Il\l'I), Ihl' "BlIllh 11I1ll'hll'lllll'!'!!'o" I, IIII' I)ellll'r hereby
grants Itlld cllllvey~ !lIlliI' 1\111110. It <.: 0111 I 1111 i nl', 111'11 1I1lLlIllIIIlI Sl'dJlllY 111!t'rl''l1 In I\llllr IIII' I kll\cr'!'l pltlpl'lty dl'~.:rihl'd hdllW, Whl.'ll1l'r now owned
or hercancr ncqulred
(n) Any 1l1'W tlr used I1Hlltlr vchidl''1 ht.'ld liS III\'l'IIII)I)', \dlldl is oWllcd Ilt IllIS~C~Sl't1 by thl' I h,'llk'l , illdlldll1~ all hlllglhle personal
I'rupelt>' held hy the !lcllll.'r for sale 01' ll'asl.' or Itl Ill' furnlshcd und~r COlllril(tS of sl'Ivkc, tUllgihll' pC,Sllllul property whkh
the Delller hAS so ll.'ltsed or hUllhhl'd, lallgilllc !ll'I Stlll II I prllpelty held by olhl.'lS li.lt slIh.' nil t.:tlllsl~l1l1lent ror the Dealer,
tangible pcrsonnll'rtlpcrty sold h)' the Dealer Oil n sail' or retllrn bnslsl tllflglhlc pCl'5nlllll prolll'lty rl'lurned to Ihe Denier or
repossessed by the OCIIIl.!r follllwing u snk lherenf by the DenIer And lnngihle pc."tsonlll property rCIHl.'scntcd by Ii Document
of Title, including, hut 110t limltcd Ill, 1111 111111'i Itnd lIL:cessorlcsl hlL!,cthcr wllh nil 1ll1J1~rhlh, Ildtlitiol1s1 equipmenl And
ncc~sslonsl wheth~r or nol inslalled in. rdlltl"lt, Al1l1Chc!d or Added to or !Hied In connl't.:tlon wllh lIny lHotor v~hlcle Ilnd nil
substitutions And exchangcs rm and rcplal,."I'I1Il.!l1ts Ihereof (1IInvenlot)''');
(b) Accounls, Chattel Papcr, 1l0L:lIlllenlS of Tillc1 nenernl Intllnglhles und IlIstnllllcnts lIull 1111 t1hlip.ntillll.. of 5urelirs Ilnd
guarantors held by Ihe Dcnler fill thc p"yment AliI! s,UI!'IfACllol1 of Ihe lllrej.!,tHnl~;
(c) Equlplllcnl, IncludIng hUI IH)I limIted tl) nny clIIllpaIlY"I)wncd llIotor vchldcs tl'icd ill Ihe 1>1."lll'I'~ husincss, Ilnd furniture,
whether or not !iuL:h !:tluiplllcnt and fumilurc is tlcclI1ed to lie Fi"'turc's;
(d) ContnlCI!i of Icase, !inlel rl'lll~,1 or olher dispositloll of Invcnl.ory ill which Ihl.' Ilellll'r hns un illtl'rl.'st;
(.) Book' nnd Record,;
(0 Hlghts In conncction wilh Ihl' Il'sidlllll \llIlue elf !lny Ilr the DenIer's Inventory kosel!, rl'ntcd, !'lold or otherwise dlsposcd or,
including hut not IIrnilcd 10 the prnn'l'ds of IIn) llurd pnrty's (lIHi()1l10 pUIr.:hll'il' lIlIY poltilll1 1)llhl' I h~"lel's Inventory;
(g) I\alances IHI depmlt wllh or held in IIIl)' t.'llpih.:ily by lhe Blink nllUlY lime and "flY olhcr propert)' of an)' 11Il1111'e of the I )l'l.llcr
which the Bank nH1Y Itt ,my lillll' have in illli pllssesshm whercver IOL:AteJ, now or hercnner acqlllred,
(h) All insurnnce nn al1llnll PIlll'l'l'l1\ or thl' ill'l1l~ 1ll{'llIin/led In pntilHtill,hs (a) tIHOUl/.h (f1,) "hove
All t.:npilaUtcd limns USl'I! herein ill\ll dl'litll't! III thl' \I1l11/lIrn coml11crclal Codl' ("UCC") ShilIlIHI\ll.! lhe lIll'ilninllfo given thclII In Ihe
lJCC, Fur purposes oflhi~ A[!ll'l'lIlCIII,lhl' It'rlll "l'ro(I"\'II-." ...hilll 11:1\'1'1111.' I\leillling givl'l1ll ill thl' 1]('(' ;11111...h,,1I addlliollally illdude, hul nol
he IimileJ to, wlHltcv~r is received upon Ihe U!ll', Il'a'll,.', !\all', l':.,(hallgl.', 1..'lllIcCliollllr tllhel lllili/;llinll Ilr any t11~pl)'lilion of nny of the items
menthm In pMlIgraphs (a) through (g) i1bl)\,l', \\hl'lhl!r (;Ish III IIlHl(ll\h
In alltlitit)n, the Dl'iller hl.'rch)' llfc'vllL'i\hly "....iplls III Ihe Ilank all of Its rlghls Ilf stllppal-',l' illlnul,il wilh rl~'1lll'(1 tllllllY Item sold Oil
L'll't1itltlllIlY A((llLIIlII)l'llhH, whkh liI'III', ,,11:111 Ill' p,lr:1l1l'1I11l1 1111111' Ih'illl'r''1 'will..
7. .;IIMn: 01' "nIIlIION"1. nll,IAII-II,\I, .lIt HN"Nl'I,'1 ~I'I'I',"l1,
III 1101,1111011I1" ,10,' 1'''"11 ,,1'10,' """11ly 1,"","'1 111110,' '011\"1","'10',1"01'" 1,,11"1""1'10 ,. 1"."...1, 110" Iklllo" ,10,,111,,''''010' I.. Iloo'IlIIII~ '"
,""""Y I'" 110" """~ 111,10''''''0111'''' 1111) ," 1111 "III,,' 1,,11..,,"11', '" ,",10''''''01..11 I ,1111111 "". .111"01"'0110",",,,
"'" ",,"~', 'IJlIoIIII "II "III," 1""1"'11, ."",,,,1,,"\ ill 1',11111""1"1' ",11,01 ,,,..,,.,,1" ,,110', IlId), ",',,11"1"'"\") ,110,1110.. 111.10'1"'1101"111 "I 1111)
,11\hl ..I ,,'1 ..II ," oId"""""" 110"1 110,' ,I,,"~ "'"' I""".., ""I"'''' 111101,', """"",11'" I', "n",,1 .., ",10",,"'"'
H. "~~I'iNMI'.N 1 III- 1111.1.
110< Ikllk, "'~II""I,'oIl'<" ,10"1 II ""1""'" "11010 11<11I lil'"I'''oI h) II", Il,II'~ ",hl<" 11111) I" I',,' IlIIII~" \,<11,",01 ,<,", II) ""<"',llh<'<'"
Th. 11<,,1<1 h<,<"y ,"<,"n,IoI, ,,"110,"1/<' '''< SlIl'l'h<, "I IIIIY 11<'" ", "dll'" ",II", """~, "1"'"1"< IlIIII~" \\11"<11 '<'1"<'1, (I)" I'<IIl1i''''< "I
OIlMIII, (II) 11,'<,"11'"1" ,II 11110' '" (III) '11"<' <, "10',,,< "I ",,"<,,1111' <",10'11,'11'" " 1i,,1 1'""<"<" ,<,,""y '"1<,<,1 '" ,,,'''' "llh< Illlllk 'II, '"
Unrllllllllhl'lL'lt 11111.' III, 1,.'111.1\ Ill'lll ~lIld nllllthl'1 lhllllllll'llh 1IIhll'l'lllli(UIl::-. Ill'(l'\'llll)' Itl I.,'\'llh:llu' Ihl' !'IlImc
'I, 1'11111111-:11 "SSIIIIMH'I-:S,
"'Ih< ,..,,"''',1 ..III", ""lIk, 110,' 1"'1110', ",II ",<''"< III1Y "11'\11111"1,11'''"1' '''''''1111'111\. ,,'II""'IiI""" '1111<111<'''', III1ICII,III'<II", ""'1'"11'<111\
0",1 '11"<' Iilll'l" I" ,,< 1IIi'''< "1"",",, 1'"''''"'" "1110< 111'1'," "Iho" ,1..""11""" I.. 1"'/10'''''' '''"''"''< Ih< "',,""y ,"",,,,,1' 11,,"11<01 hc,<") '"
",,'" 11,11\1", loll) 10,110" Il,,,,~ ,,",1 w,lIl'iI) ,10< ,',1\' "Ililllll' ," "'0,,,01'''1' 1100' ",,,,,',,, "III"'''''' ,,",,<, ""<"'<, lilIIII'. ," ,",,,,"i111\ ",k<"""j
h~ Ihl.' 1\,11lj.. !it Ill' 1\1.<.'L....,ill~ III dl""ilhk
"OWUI 01' ,"IOIINI\'
11\1.' Ill'lll!!r hl'll'by t1ll'\,I)(lIhk "1'11111111.. nil)' l'l1\flli.l)L'l'. qllh:l'f III
with pn\l,el
(i1)
al'l'lll ill Ila' I'an\.. il~ Ihl! lh.'lIl,nf!llnll' 1I1111111WlullllhltIlCY-IIl.fllL:l,
Ill,
Illl'lIdtll~l! Ihl! lIallll! Illlhl.' Ikillel Ul1llIL
II) AllY N"h', """l1ly 111,,<<11I<111, IIC<' 1'11""""11'. '1'"<11'<''' 111101 ,,"'111111,1111111 ,,,<,<,,1'. ('<,"lielll<' "I' llli~1I1 111101
1'l!Illlknll!'l t1111111.' lonllY 1II11hll' vl!hidl.' III Lllhl'l plllj1l'll)' l!vldl'lIi..'l'l! h}' !o.UdlII l'eltllklllt.' nlld UIl)' tlllll'r insUUml!1I1
,,1,10""111<111 '<'1"11<01 It) I\II11~ h' 1'<,,"'1 111101 ","1""'< 1'<'10"""" "llh< "<,,, 111,01 ,<,,"il) ill,<,ell' ~lIl1lleol h' 1"<
Ban" helcutHler or othl'lwhc in (llIHle(\lllll \"'lh Ihl! l.llan,
AllY 1I1lt! nil olher fll)tl.'\, ,lied..!'!, dllllh, IllIllH') ollkr\ III Ilthl'l lmlllllla'llb Ill" 1H\)'ml'lll;
Ino.,lIl1lllcnts rL'V,1I1t111ll-t dl!lposillllll Ilf ~;all' (II any l"llllilll.'Htl. \'~IlH.:h (l}jllC\ Inll) p(j~"'c5sitJlI 1)1 thc BlllI~; 1I11d
All) dl<'~ which 11I11) II< I'IIYllhl< "Ilh< Ikllk, ,,, ,,,11<" ,",h '<lII,"<,j ," 1III<IIIIIeoll"<IIII11I11> or Ihe 1',",<<01, "I'
""" i"'"rll"'<. 1111" III1Y 111",,""1 '01 ,,,11<""01 III"Y 11< "1'1'''<01 "Y Ih< 1\ II Ilk 1",,",01 ,"",r",li'1II "f lh< 1I11l1k
11Illdlll't1llcss
Tn ,I~" 1111" <II,h,"< 1"< 111111I< ,,11"< Ikllle. "1"'" '"I) "'111" II~,"'''I "II A't,,'"11 Ikhhll', "'''~III11':II'', ,<!iIi""","I\ III1,j
""Ii"<' ill """11<,,1,," "IIh AWlIlIlI'. IIl101ll1vnic<', r,<,~hl '" <'I',e," 11I1h, h,lI, "I' 1,"II1I~, 01101 'Iolllge or ","<"UllSe '<'"'1"',
IIlld follilwinv. thc lJ((urrCIlt:C \),. all Event of Ilefault
(i) It) }tivc written I1tllices in clll1nct:lion wllh ^((tllllll!)~
(II) I" I'l,e \\rillell "",ic., '0 omem 1111,1 "Ilidll" or '''< IllIil<d SI,"<' 1''''''11 S<"ic. 10 <lTe"' " choll~e 0' d,,"~e' "I'
IIdM." '0 'hilI 111111I1111 odd,e"ed '" lklll" 1I11'Y he ddl,<,ed IlIdir<"lly '" Ih. BlIl1k ('he U,,"k \\ill ,.,"," 011 III oil
Ilot rdnted III the Bank Indebtedness or the ('qllatcrlll); nnll
(IIi) 10' "p<n 1111 ,"ch onlli!.
G,anllng UIIIO ,"ld ,,1I01l1<Y foil po\\er \0 dll Any ond alllhinl's n""'"'Y I" h< don< wllh '<'P<"' '0 lhe obo.. a, flllly "nd elTecliv<iy 0' lhe
Deal., mlghl 0' cOllld do "llh f,,1\ po"er of ,"b,llIllion and he,eby 1I,llf)lng IInd conli"nin~ nil Its ,"ld ""oll1ey 0' lIS ,"b,til"l. ,hulllll\\fully
do 0' calise 10 b. done by ,I 'tile he,eof, Thl' I'"we, of allorll.y ,hllll be deemed 10 be cOIIpkd "ilh on Inle,.st and I".voeoble unlillhe Illlnk
Ind.bledn." Is I'lIid 0' p.,f",oned In lilli, alld shnll ,n"i,. any d..,olllli"". I.,millllll"n 1II liqllid"tlon of ,h. Deole,.
(II)
(,i,)
'I')
(h)
II. lJISCI,"IMt:lI,
The nank 1I,,'n"<' no ,<,polI,lhilily lill Ihe .xl"enee, ehn""te', qllnllly, qllallllly, <ondlllon, ,nllle "nd/", dell\C,y of any Itelll. The
n.al., shall 1101 be reli<\Cd of nny p"l1lon of ,he IIl1nk Ind.bledll... h<"II"'< IIIIY lI<m flli" '" collf",m 10 the SlIppll"'s or D<nle,'s wo,,"nlles,
or beCAuse any Ilem may he lost, litolcn dcstruyCtt or dl1ll1l1gelt.
12. INIlJo:MNII'IC"nON,
Th. !lelller ng'<<' I" cOlllply wilh "II applicllhle SIal., I'.d<,al nil" 1","1 law" '<V,IlI",,""' nlld ardlnol".s 'eglllaling Ihe ,ole of ~ood,
alld/", wvk., hy Ih< Ikal<,. Indllding ",I< 011 Cl<dll, lI,nt "1111111111<' I" '''''Y 011 its bll,in<" ill 0 la,,11I1 monner. The D.aler hereby og,ces
10 indemllify, def<nd all,1 Ii"ld Ih,' Illlll~ h"""I<" fro", IInd "1\"in,1 IIl1ln,h,lIIl all" da,"" a,,<II<d "l'"in'llhe Blink hy allY pmon in cOlllle<li,nl
wilh
(a) iWY \illl', ka'll', ellltll(l'ml.'lll or tlther 1!i\lll)!)llhlll III ;III} ('tllI,IIl!I.II,
(h) allY lllkl~l't\ \tnlalillllllt lIny law, rl'V,ulatitllllllll1dlll;lIl(l' hy till' I>l'akr~
I') "'" 1'<""";11 ,nl'") allel""\ ,,, ,,,"< h<<1I slIllm" I" allY pm"n III ,,,nll<e1I,,n wll" ;IllY snk, \eIlS<, enf",wnenl '" "1"<'
di'lpll',lIl'lll HI ;tIlY ('llllilli'lill, III
loll "ny ..1.11'0 I" ",iI p"",'lII "",illl' ""I 01 ,h< Ikak,', h",,,..,,..1 ,,,,"'"11) '" I.lIhllo' to, p<,I'lrlll ;III) "f 1"< lJ<ak,', ,,"1'1',;11'''"'
IIndt'1 ;tn\ I >llllt,ll'l rl'I',H,llI'!' 111(' sa!i', k;hl', l'IIt"fll'l'Il1'.'Il[ lit dt..,ptl';llldll <II ;IllY ('nllall'rill
TIll' I)l'lIll" 1"I"lhl" 1IIUl'1''111) 1l'llIlhlll~l' Ihl' Billl~ 1')1 HIIIIIII'll'~I, lllllll"l'l /l'l''> 1111" ("..I.., l'\l'l'llIll',1 Ii) 111l' I"llll~ 1II1;lllllll'l'lhlll \~'II11 Ihl'
hlll'l,"II1It, IIIdIUIlIlIf., 11111 illJlllIIllIl't1lll, 11\l1~I' IIhlllll'd 1I111t1~ Il,ltl""lph~ 'II 111'>111\1'1]1.\ 11IIlll'l'''IIII',~, 1111" 1111) hllhhl''1I1l'1l1 Plllll'l't1I1'1U, III ilPI'l'ilb
hll/II AllY IIIdl'llllIUdfHIll'llIl'llh,'Il'd IlIl'll'l/I 'Illl'lllllklllllllil,lll.fll ~hitll ~1I1\I\l' h'/tllllhlll<lll 1111111" AI"l'l.'lIll'lll
IJ, In:I'IlI':M':r'n^'IIIN~ Mill \\',\llIIM"III~,
'1'111/11111I:.... Ihl' "1I1l~ h) l'nll" Illhllhl~ ^l'll'l'llll'lll Hlld ,\" .1 l.Hldllllllll"l'I'l'lll'lll ht IlIl' Illil~llIjt t111.',1I.:h illld 1'\'1.'1)' IIHIII 1It.'1&:III1&1I'I. Ihl'
IkAII." lundl)' 11'Jlfl''11'IIh l\llll \~iHllIJ1I.. Itl Illl' 1\11111-. 111111
(II) I Ill' I klllL'l ha\ J-',Ililll. 111,11 "l'lilhh,' illlllll1ddl'il",hlt: IIIit' h) Ilw ,'ullllll'"ll, Ill'l' 111111 dl'jll 111111111<<.'11'1111 l'I".:lIll1lJnlll(l''1ll'~n,'pl
hit IU),l'b 11111 IlIlll'lilUh III nlllll'!\ll.'tlllI fJllllill,lIlll, lill \\llIdllltll.'tjllllll.' 'l''1l'II.'<<.'.. llilh' hl'l'lI 'It!! Willie 1I111llhl' Bill'"'' IU!II'IllIlll
bl'(lldl)' l/ltl'fl.''1I\ Ih....'cill) All (hulI<<.'1 PlIPl'l 1I1l.! ^(~'nUIII!l IIldlldl"d III III.., ('lIlIilll.:IOII 1I'11'll' III 11I1' 11111111111)' ..'IHIISl' 1)1' Ihl'
Ilenll'r'~ htHillll''lS IltId llll' 11111 \lIhJt'lI hi 1111)' tll'll'ml'. s....l.tlll 11/ (11l1ll1,,'ldilllll
(hi I he IlCII/l', 1\ tllIl)' Illllillll/l'll. \.'ulillly l')d~lIn" illllllll 1',llllt! slillhlllll'- Imdl'l Ill.., I.m'l III Ihl' '1lah: III \1'1 1I1i'1l1l1/illitm, hll'l Ihe
IHlwe, ll/ld 111111111111)' IlIllIl'''&.! 111111 pl"lllllll 1111'1 ^1'll'l'nll'nl. n"tI,'l dill) Iplillili&.!lllll all JIIII'lt.lldhllh III "llId, II &;llnlhh;l~ ils
hU\lIll't>'lIl/ \~'lll'll" ~"dl Illlillllhull'llI I.. Il''ll/Ill'.!
It:) 1111' C~l'..IJllnll, dI'IIH'I) and 111.'1 "111ll.II\1'l' III Ihl\ ^I'11.'1'1II1.'1l1, illltflhl' l'\"'l'1I111111 ,lIld Ikll\l'l) ill IIIl' Noll' and all lllllcl
lblt:1I1111'1l1\ Il'qUtll'llllt'll'll/llk, 11,1\1' hl'l'lI dlll~ lIulhllll/l'.! Itnd ~~L11 11111 \lldall' lIlI) Plll\I'IllllI III lim ill Il:HlllillllH! III nllla.'
1I1Ih.:II.'!\/l'1'11lIkitll' III Ilh'1111'0Iall'1I1, Ihl' 11\ .I;l~~'li,,"dl' 01 '<<.'J',llLlllllll" III p.lltll&:I~11I1' ,IJ'Il'l.'lll I'll I III th&.! Ikall'l III or 1111)'
"I'.ll'L'III....III. IlIdl'/lIUll' <II 11I~lllIlIll'lll III \~llIdl 1111.' lleakl 1\ it Pilll) , III 1.....1l1! III Ihl' l/l',lllllll 1)1 11\lllll'lIII')!' ill illl)' '11'(l1I1\)'
11111'11.'\1, Ilt'n ill l'lI":lIll1hl.llll'I' III all) If I I Ill' I ,1IIilll',.1I
(&I) This Allfl'I.'IIIL'III, Ill... N.lll' nlld Illlnlh&:, d')lllllll'nl'lICljtlllcL! hl',cuthll'l, 1111'111I1-', hl.'ll'lIOlll HI ,dilll'lllll'll'hl. \\lIl'lll'~l'(Ull'd uno
dl'livl"l'd hy Ihl' Ih'all", nl&: ,mil Illntlllll\ l)hll~,IIIIIt1~ IIr thl.' l)cull'l, l.'tllilfll':Ihll.' 1I1'1l111~llhl.' Ikiller 11\ il(\"u'llllll":L' wilh thch
'L'Slll'l,:Ii\'l' 11.'111I"
(1.') 1I11: It OIrI}\.H' I l'l (1)IIlpl)'IIIJ!, \~Ilh I.'udl Ulltll'\l'l)' l.:1}Vl'IHlIlI '1&:1 fltllh III plllitj!lIlph 1,1 hl'hm
(I) 'I hl."l' illl' 111\ \lIil~ III la\\ ill l',!IIII)' III 1'11ll'l.'l'dlll!-,S helllll.' un)' IIlbullal "' 11,11\'<<."lIllIl'11I,1I Hl'lIIUllll'lIlallty /lOW pcnt1111~ 1)11 II)
Ihl' j..llllwll'dgl' t111l\l.' I )l'ilk" 11I1l';lll'lIl'd "11illl1,,1 IIIl' n....lIll'r or all) I!Ual'alllLlr Ill' Ih<<.' I\all~ Indl'l)ll'dnc'isj Ihl' Ildverst: rcsult of
whleh ",'lHlld in allY lllall'rial Il.'spl'd tllll'll Ihl.' 11101'....11)', Iinillll,'l''l III Ilpl'rillj()ll~ ollhl' I )l'all't or of nil)' gUilIlIlltor ur Ihe
!ll.'lIll'r, Ilr 11I1'1I ahllll)' It) !')illi\fy th... Billl~ Illtll.'hlClllll'sS
(t1) Nll slnll'llll'l1l, \"'llllnnIY, 1'1'111 1.''>1'1I1111 "III , ll)\iC/HIIlI, illlil/JlHllioll, dill.:llllll'lll11r IillillKlal slall'lIIl'lll made. plL''1l.'llll.'J or llsscrtco
h)' Ihl.' Denier hi 1111.' Ilan~ III &:l\llIIl'I.'1111I1 Wllh Ihis ^Wl.'l"llll'IH or H'Illtl indu....:n1l'lIt tlllhl' Banh III llIa~l' nil)' t.lHlII hereunder
\\.'1I!'t llr is 1111..'11"1.'('1, IIl&:lllllpldl'jlilhl' 11I1Il1\ll',ldlllg Illlt has Ihl' lk;tkl 1.lill'd II) ttdVlw IIII.' I\all~ Ill" !lilY inllltlllalhlll lln~Clln~
1l1111Cliall)' 11l1' Ikil!l',\ hU~lIlc'l'l, Ilfll'lilllllllS III Iillillll.:lilll:lllldlllllll
Ih.l:
14, ('OVEN^NTS,
S(IIl)n~ ns IhlS A I!11.'L'l1Il'1l I 1'1 IIlI.'Hi.'(1 IIl1d IIlllIlllIl' Ban" 11Idl'l)II.'IIIIL'~\ lIa.. hl'l'lI flahl ill full. Ihl' I )I.'alcl 1l1'Il'h)' t:lIVl'IHllll'llll1d ilgrccs,
(0) The DenIer shllll ~1.'1'P (11Il1f11l'11' lint! 0((111111.... IHlllk!i Ulul Il.'cLHds The IJcllhn 'III 1I II 1'1'111111 I Ill' Blink. its oflkers, l'mployees
IIlld ogenls, to hllvl.' n&:(css It> nil hooks nlld rct:lltds p....ltaining !tllhe l)call'r'~ husilll'S'I alld lillilndlll condition lInd permit Ihe
!lank, 115 0I1kl."5. ....II1I1ILJ)'l'c~ IUld IIgcIIIS, Itl exRminel audil nnd t:op)' thc SUllie,
(h) The D..ler 5'"111 prolllplly "'>Illy Ih. lIank 1/1 Writing or any dlllng. ill ,h. 10<all'''15 or 115 hooks and records, or Ihe
Collolerol, of llll)' pinel.' of buslnl.'ss or oflhe dtlSlng or cMublislulll'lI1 of IIn)' new plll&:l' 01 business, If All)' I)r the Coli literal
or OilY bO(lks IInd Ic:(onls lire III 011)' lUlIl' III he loelHed on premis....s 1c11~I:d hy the I)ci11....r llI' Oil prcmises owned by the Ocaler
subject to morlgllll.... or utl",'r liclI, Ihl' lktller shAll obloin Dnd deliver or cnuse III bL' dl'livl'rcd 10 the Buni-. all agreement, In
ronn Blld 5ubsllllll:.... snlisfllCll)1)' hlthc BIII1 " , waiving Ihe Inndlord's, 1I111l1gogcc's or Iil'nholdcr's rights to enroree an)' claim
again'lll,"ler "" 11I0111.5 "oe l1y levy ur dlSlrlllnl. The llealer wllll"ollllHly nutify Ih. Blink (i) If there Is nny change III
the I)IOIU5 or physical Cll/H!i(ltll1l)f 111I)' ('i)lI11ll'/ltl olher Ihlll1 in Ihl' uldllllllY ,otll'll' "r bll!\illl'!'t~ m tii) if IIHllcrhll, the Inabillt)'
or nny A t:t:llll nt Deblor 10 PllY Ilr prl'sl'rvl.' Ihl' (',,\lntl'rnlj or uf Ihl' mhing by lIny p':rslIn l)f nil)' defensc, sel-ofT or
c()ul1(ercloil1l, If. tllhl'r Ihun In Ihl' llrdlllar)' 'IHIlSl' of hU51111.''1S, !Ill)' ('ollllh:rlll 1\ sllILJ, lensed, renlcd, relellscd for
dell10nslrnthlfl, Inll1skrred llt 1I11Hnwisl' moved from Ihe phll:e whl.'ll' !lu&:h Collalcral IS 1I1lfmnlly kept b)' (he Dcalerl the
Dealer willn.J(lly Ih. lIilll~ l.nlh,,1111
(e) The Denier 01 ils ~l)1c ,0sl I1lh! l');PCIISl', Will pll'Sl'f\'1.' Ihe ('ull:lll.'lal alld the Ikulcr\ ll~hb IIgnlnsl At:cuunl Debtors rrec and
e1ellr ur "II liens cxcept thosL' Inlavor of the Blink The Denier willlHlt ~'"'II h) all)'Olll' lllhl'r Ihllll Ihe BUllk any lien upon
or sc&:urllY inrCrl"M tll Ihl' ('olhUl'OII Illlr IIHClW 1111)' pl.'rSOIl ulIIl.'r (hllll Ihl' nall"- Iq ohlillll II lil'lI upon Ihc Cl)lIatcral. At
I>coler'!i soil' L'XJlI"IISl'. I kilh'r \",'ill 1-.1.'1'1' 11I1' ('clllall!rlll In ~lll)d CtllldillOIl nntl Il'pllll al 1I111tlllL'S
(d) The Denier Wllllh)1 pnltlil 0111)' 1I1lhl.' l'llllall'litl'
(I) III he levll.'ll ilr dhllilllll'tl upon under any Il'nilllltll(C'IS,
(II) III 11l.'(11IIIC alli.'H'd 10 Il.'al plnpl.'IlY IIl1lc!','l IhallaLl hilS bl'&:1I dl'll.:hm'd It! 1I1l' Hall\.. III ad\'atKl' ill writing
IIf Ihc r...."ll'rnl1l.'lI)' h:!... hl.'l.'lI Iltclll!cd II) (he 11,1I1k III u(co,dllll(l' wllh p.llap"aph H Ih.'li.'nL or
(In) III hl' ~lihll'd III i\ll\ k:I'Il' III '\.'Illal OII'Il'l'llll'lII whldl II;!\ !llll Ih'I'1l ;I'l'dl'rll'd In IlIl' 1~,III1-. IHlI~llalll III Ihe
11111\'1\11111" Ill'll'nl. 1I11k~'> 11ll' Ik.lkl 11;1', polld IIII.' I\,ltlh III tull 1111' 1110111 lIlildl' It) l'lI,d'll- llil' lleak, It)
PIIIIII;I"I' 111,11 III'lll
.1
lei ,Thc DCllk, "III "' III1'IIIIC' ~""P iI',dl 11110111", '"11""",11'11,,,",;.1 ''1,.,,,,'1 lll1llo1/.lI,h '" ",d, ,,",,-jl"" ,,,,,I It) '.11' It """,""',
'" "'C ,"I"III'''"Y ,,, 'h.' I\III1~ '''1'''1111'' ""It h,lI ,.,'.11.1111 .11,01 ",,,.,,,kol """"'1'" III "" ,,,,,,,,,"1 ,II ",,".' "'1".11'" II". ,.,111" "I
III,clI"'''' II", I kill,', ",II "",,,'III1I1~" ,,'''"111 ,"I.""'''. ," 11,01,.,11"01 "'I"I"""'1'1t I, 1""'''1. ",I,,' ,'",1,"....01,,11 "III",It, ,,",
"I III\I,,,;II'C "' kll,I,',', 10,,, P"Y"" "lid ,,,II 111;111..10 'II' 1I,1I1~ "'lit ,'liolclI'" "I ""It ",,,",11'''' ,,",1 "1101''''''11'''1111 "1I.h
I",hdc, ,ltllll ","'"'"11 1""""'"' "h,',clt, II',', '"1111",1,," ,1111,''''01 ," ,,, ,h,' 1I1111~ 11",,,"11\'"110111'1' ,I,,' ,," '" "'I'k" 111,111'
l)ell"", ,'"cl" III"" Iltll', (10) 0111)" ",,11"11 11""" ",II,,' I\,'"~ III ,It.' ",,"1'11;1111,,' I )e,I"" 1,lIh ,,, 1"') ,111\ ',II' It ",,,",,",,
I"CIIII"II\\ "hclI ,IIIC, 'hc 1I1111~ III1'Y. It II , " "'" "''1"11,,1 '''. P'I\ ""It p,,"II1I" 111101 110101 Iltc ,,1\" 11"",.,,1 ,,, ,It, II,II'~
IIlth:hll.'lll\l.'~~
(I) IlIlhc c,c,1I ,hili ,hc 1I1111~, I," III1} "''','", IIC"""'"C' IIt,iI 'I" ,"111' ,,1,1,,' ,,,11,,,,,,11 "",,,,lIi,'CII'" ","11' ,"k'l",lId) ,ltc
BIIII~ IIl,tl.'hll'dlll.':\!i, Ihl.' 1)1'i1kl WIll. uptJlllklllllllll
(I) ddl'c' ," """C I" hc 1Ie111c,c,II"lltc 1I1111~ 11,101111""111 ('"II11'C,"I'"11 1111I""11' ",lIillCIII, '"lhc 1I1111~"
!'lll!i: dl'lI..'Il'tioll, ILl !ll'lIlH' IIdl'qu;\td>' lilt' "iII1~ Illt!l:hll'dlll''l'l, III
(II) rCIIII'C Ihc ""1111111,11111/. 'lI'l"C1"IIC 1t,1I1111"C "llhc 1I11l1h III,,,,ltlcdIlC" '"11I'"11"""" '"11,III"'"Y '" Ih, Ilall~
(~) I hc l)ea"'I ,,,II, III ""h ,"IC,,"I, "' Iltc IIIIII~ ,,',1\ IC'I'"11', ",1"'"1'" II", Il,,"h
"' II "It,'dll'" "'111'11111", '" 1,"111 1111,101,1.111 ,,,",1.,."'" I" 1I11l1h, Iltc '""''''' IIl1d ,lIld,,'w" "I ,III ,1.""",,
Ill'bllll'l t'I!'l'lhl" willi tll.., Illlllltlllh ,ttll' I'll (Ill lIt 1)1'(1".."''1 illll'llilll,lllllt A......I)Ullh. lllld
,") "'1''''' .,1 III1"I\'"'C', 1111111\'"'''' nl,kll,II'1' ,It" "'''' '" ",,1\,' "I III'} l'clI' ," 11"11", ", /\,,,,""1 lI,h"" ,
~It\ll all tll\,tlll'l'\ C\lhkn,;IIW ,Ill' \lIqlllll'tlllll till' hl'Il1 III IIt'lIl'!. llll' !'\ilk III tile h,.'lI'ltllp. tll "hldl hi\\l' IU\l'lI
Ihl' III \11..:11 ^l(llll/Ih
(h) Ihc I )e,llcI "llIlik "II IC'I,,"c<I III' ,clI"'" '" 1I1I",dy Illa""C' 1111<1 I'"Y "hclI ,,"C ,,1I111'C' ,,,,,II,,,,,,c """ 11,1", Icc' ,,"h
,c'I"'" I" Ih, ('"III1'CII,llIlId Ihc D,"k'" I""'IIC", c\lcl" II"C' ""II",I,',IIII'"""II,"lh hy "1'I""I'",IIc 1"",,'c<III\I1\ ,ldWCIIII)
(l)IIdUl,.:ll'd tllltlltlf \\'l,,~h IIdl'qllllll' IC\CIVl''l havL' hl'l.IlI.''llahll'lh....'1 Ii)' Ihl' I h'aler
II) If II ,'clllli,"IC "I '1 iI'" " IC<(lIl1c,1 ", hc ,,,"c,II"1 1111) IIclI1, Ihl' IIe,II", ",II fllc 1111 ","'''"''''''' ,,"C"iIlY ", IIh'"'" ,,"h II
('Cllllkll'C "I' Tille hllll1lhc "1'1""I'"IIC 1,,)lCIIIIIICII,"1 II"lh,,,"y ,"II,,"lh,' III"" W","II"C""hc,1 h> Ii", 10,,1 11111" c,clII ""'"
Ihllll 'CWII (7) ,IllY' llller lIoc ,IIIIC ,hc 1.",," " """Ic IIl1d ,hc I )e""" ",II ",,"c " ,,"11111"11 "I Iltc 111I"h" hc" 1111,1 'C'"l1ly
1"lc.c,II" hc III11dc 1111" ,,"ld "" ""h ('Clllr",IIC ,,1'1,1'" 11111" D,"I"" "'''' C'I'CII" IIlkllk, 1.11" ,"'el'''C' ", ",lik
""h d,,""11CII "r 1I11'C Ih" ""lIh', hCII ""d 'C'"11IY ""C'C'" Ih",,"". ,h,' 11,,,Ie, "1'.Icc, Ih"llhc ""lIh "lay, III Ihc DCllkr',
c'I'CI"C, Iik ,,,,h d",,"ICII" "' ,hc """~, "' ii, ""'" ,h\l'CIIIIII, d,,"" "I'I""I'""IC \lll'c,k" ,,, Ilc" ,,,,,I ,w"i1) 1"IC,c,l,
I)) .\ hc III",cc,II "I' c"d\ 1.'''''' ,hllll hc I"cd ,,,Iely ",li,I.""c ,ltc p"1III."C I'"" "II'"CII''''y III II",,,,I,'""C "llh Ihc "'"I1I1'II1~
Terlll!'.
(h) A' ,",'"1" ","il"hlc, hilI III II" c\c"IIII'" 'hllll ,"" 11I1I,,1,,'d I"c,"y 111<1) dllY' IIhc, Ihc c"d "I clI,h li",,1 y'llI "llhc Iklller,
Ihc I )ellk, ,1",11 fllllli\h Ihc """h wilh III"""lli,,,,,,,,"I'CI""" "",,I"d'''Y '" Ihc 1I""h ,CIIIII"", ,,, Ihc li"'''''I.,1 "11I,1111"" ,,,
II" llellk. lI"d lIS "n1llalc, a",I,,, '"'''' '" 1I11l1ll1h"', h"l II" laic, Ihllll ,ltc 1i11l1~, IItClc"f, Ihc IIcllkl ,hllll f,,"",h Ihc lIa"h
with t\ copy or lhe l>l'lIh.~r'~ Fedclal 111011I\1: tit). Ichllll
(I) 0" or befme Ih, l"c"liClh (2111hl dllY "f,",h """l1h Ihc Ik"kr "11I11I.""h Ihc lIallh (i" ""111 \I,II,llId'"Y ",Ihc 111I"~) ,,"h
"",,,,,lIled ,llIlelllCIII, oflhc Ii"",,dlll ,o"dlllllll II"d "I',,"li,,'I' ..flh, Dellkr ""d ii, all1l111lc, f"r Ihc III"cdll'~ ",,,,,,dllr 1I101llh,
(Ill) The \Jelller ,hAil f"",I,h Ihc Illl"h I"'"llplly ""h a"y II,her 1"1'1111111111"" .c'pCClIII~ Ihe 1i11ll1ld,,1 ,,,,,dlllllll IIl1d IIlrlllr> of Ihc
Dcnler Ilnd liS utlHlntL':'i liS the Bunk may, from lime to tlnte. reasonably rC(llIlrc.
(n) The Delllcr "III c,'IIIply "llh 1111 1I1'I'IICllhle '.IIIlrOlll1lelll:llla", re~"llIllnn' IIl1d reqlllrcl1IclIlS: alld Ihc \Jelller alld III1Y ~UII","I'"
shllll indcnmlfy the Unnk from 1111~ loss I\risll1l!, from nil)' Cllllllllllinllti<lIl or IHHtCOlllpllnl1cc.
(0) UIlIeSS Ihe IlAllk reqllcm Ihc Delller 10 delllcr 1"lhe ('crtllicIIIC' IIrOrl~'" for eAch 11I0lllr vchick ill Ihc Delller', III,clI'o,y
III Ihe Illlllk, Ihe neAler ,hlllll1l,11I11I11I 1"",es';III1 uf ellcli 'lid, ('c.tllicIIIC of Orl~11I allhe Delller', plllcc or hll,ille".
(p) The DClller "IIIIIOllllclIr I,,,khlcdlless '" l"lIt"w ",o"ey frolll IIIIY \l1I1I'C olhcr Ihllll Ihc 1!<IlIk, whdhcr ur 11,'1 ,"hlll~IIIIIIC
10 Ihi!\. Agreement or the Note, wilhou' Ihe Bnnk's prior written consenl.
I~, EVENTS III; Ilt:FAII\.T.
The Dell",r ,hllll he III defllll" hcrellll,ler IIp,,,'lhe ,,,CllrtCII" "I' allY llllC m Ill"" of Ihe rollo"llIg "I'.velll' of DelilUll":
(A) The fllilll'c "'I'"Y Ihc Oll"llIlIdlll~ hlllallce or allY I.oall, 1111 "'crlled huc,c,llhcrellll IIl1d III1Y olher 11I1I0IIIIIPAy"hle hcrcllllder
to Ihe I\all~ when d\lc~
(h) '1 hc Iililllrc "I' Ihc Dc"ler 01 "OY ~,lIl1""11111 a' IlIlY 'III'C I" ob,crvc III pcr""1ll III1Y or liS "~'CCIllCIIIs, ""rt'"llie"
rcpresellllllloll', ,,"CIIIIII" ," uhll~""'"" ""UIIIIICd IlIlhh A~rccIIIClU. Ih,' N,uc IIr II11Y Ulhcr duclIlllelll or ,",IIIII1ICII rdllle"
hc,CIO m lI",ill~ hcrd""II, or ,I' ""Y ""ICIllCIlI, ""101lUY, rCI"C,cIIIIII"", \""CIIAIII, ,iglllllll" III i"lorlllllll"" I1Il1dc hcrcill or
c'lIu,,",cd "' II1lY "ppll.:"lioll, cxhlhil, "hcdll", \lIIICII'C'", ccrtili'"IC, lillllllc!1I1 '1lItclllelll or ollwr dOClIlll';1I1 ",cclI,cd III
,kllw.cd 1'"15l1IIU I" III "' 111111,"11"" ""h Ih" MICCIIICIlI '" II" N,uc, "a' or IS IlIcOIrccl, 11I""l1pkIC, r"l,c 01 "'I,kadi"~;
(I) Ihc IlIiI,"c "I Ihc Ilcllk, ", flllllhh 1"'II1I"ly I" ,ltc Illlllh SlICIt liollll,.,al," olhcr illrOllllall"" as Ihc Ilallh 11111)' rCII\llIllIbl>
11'qllC!lI;
Ill) 'I hc 1IIIIIIIc "llhc I )ellkr 0' allY 1'"1111'"1'" I" "b',cI\c III PC,I""11 III1Y a,'.'CC1I1CII' III' III1Y ,,,"llI'C whll\\"C'c, 1I11~CI allY ,uhc,
ill"t'l'lIU'1l1 WIth Illl' Billlh,
I",) ,'111l' Ih'llkl III ,111\ JI,II.II,IIII'1I Ih'I')1I1l'~ 111'",1\1'111, ill III,I~'''' ,111\ il'~lI'lllll~'lIllo! thl' iJ~'II~'1I11)1 ~-'I'llifeJI~, III ,111\ Pl'III!'11l h lill'd
h)' 11I1I1'illIl~lll\l' II1'illl'! II' .ltl\ I'IIollill1l1l1 llll.h-Illm ptH\I\IOltlld illl) 1.1\\' 'II ""IIIIIt' .lIklllnl' Ill,lIll1~' Ik,d"'!'lI ,Iii) l'IIIIIlIIIIIll
1"1 U1Mlhl'lIl III tlll.lhk 10 Pol\ dL'lll~ .1'1 Ihn 1I1,lllIll',
(II Ihl' 1'1l1i)' III 1111) pldl'tll':/II, 1,1\ utlllhl'l IIl'lI 11I',IIIl\1111l' Ih',llt.'I, ,Ill) 1'l/ill.1I11111 UI ollll'l Pilll) 1IIIIIIl'll'\I, \\hl'lhl'1 \i1ld llil\IlWII
h IUllitu III !'>l'III'1! 101111111 01 1111' ",1111" III \~llIIhlll'\l'l llilll/ll', III I'" III III Ihl' ltllllll', 11/ 1111: I',...IIIIW III 1\11) i1llill,(,lIll'nt III
Vllllll~hllll'1I1 iJ"'.iIHI\I.tt1\' Pllllh'tl~ \llllll' Ill'llkl III 1It1~ 1'lJlll,IIll<lt, III Illl' itPI\llllllllll'llllll (111)' 1 1,'1,. l'I\'l'l, \ 111...1 l'l', l.l1t1~l'IVahJl III
IIlht.'1 l."tlllllolfkl'1 11\'1,.'1 II\(' 1ll'lIkl ill llllY pllilllllll11t III lIlI) Illlhl'lkllll'l\ lIt illl) l'i1ill,ltlltll'r. plt)pl.'lI~ "lI illl> pl/lp'I\l',
tin Thl' ClllI.IIl'11I11l1 nllY IIglih Ihl'Il'1Il ~hlllllll" ~l/llJl'd Ill, III IlIll'lIll'/ll'd \\lIh, ,III) IlId'dllllltlll.'l'~"', l.'lItld"'llltlillllllll/t 11l1ft.'1l11ll'
Pllll'l.'l'ding;
(h) I hl' 11I~~l1llllillll, IIh'IjJ,l'I, (l)mlllld,lIil/lI III Il'llllWlIlIllllLltl III I Ill' I h'i1h,'l;
(i) ^ ~lIh~tatllilll dUIIl!'.l', 11\ dl'll'ltlIllll'LI 11)' till' It a III-. In Ih !'Illk JUdjtllWIII, IIlll1l' Idl'lIllI), 1)\\lll'l~llIp, (IJIIIIIIII" IIHlIlllp,l.'I11l.'1I1111
Ihl.' Ikal"",
lj) I Ill.' t.:nlll'l'lIntil)", 1l.'11I\1I111111111 III 1)lhl'l h)~~ 1)1 allY IHllldll'll' hl'll! h)' 1111: l>l.'illl'l 111)11I a SlIppll...1 1l111"'11l~, 11/ llll)' 1l.'!lIIIL:lhl/l
1)11 ~Udl frUII(!lI'ol: \\llIdl llllt.'d\ Ild\'l.'I~l'ly, ,1\ ddl'lItlil\l'd 11) 11,\11" III 11"1 \llk pldl'.I11l'lll, 111... 1 killl'1 \ ....III1I1IHIl'd l'\I..II,.'IKl',
I)Pl'Il1111111 III Iillan~lal UHldllltlll,
I~' ^ lIIi1h,"l.tllll!Vl'rSl' dlillll!l.,' Itllh...n'IlIll,:lall,.'lll1dlll,llllllll\l' Ill'alL't 011111) IJII,II,IIIItH,
II) I hI.' t!l',llh III 0111)' 1',lJilliltlltll, nt
(Ill) I Ill.' 1\lIl1h 1l1'1Il.'Vt.'~, ill !!lllld 1,11111, \Uhll.'l'IIlIII)' 1IIII\Il\\n hll\lllI..'~\ IlJdp.1I1l.'lIl, Ill,llllll' pIL'~pc.:l.t of an) flil)'llIl'lll LlI pl.'rfllllllillll.'e
III all)' Ilbligalltlll hf,,"...lllllk, IS, 01 ~hllll Ill', 1I11Pillll'd
lllh11llhl.' 1)((lIl1l'IKl.' of 1111)' 1'.Vl'lIl tlllh'lillJlt, 11I1.' BillII-. II1U)', Ulll\ llplltltl illld WIII1IIUI uoll(f,,' III Ihl' Ikukllll II/I)' IIlhl.'l pall)', lkdarl.'
1"1)' 1I11d illlllhlilHIIIIIII~ 1)1' llll.' Ikull.'r ill1llll'dlall'ly dul' utili Pil).lhll'
Ill, llEMEIlII.:S OF TIlE BANI(,
Thl' 1'11111-. /lillY, III its IlpliiJlI nl an)' ritlll' alld Wilhiltll 11'1111,.'1.' hI 1111,' I k,lkr III ;III) Illh..., pall)', dLl UIl)' lH all 1)( 11I1' ItllIl)\ldn!~
(Il) FXI.'It.:bc hl)1II lillll: III thill.' any IUIlI illl tlghh and rl'l1Il.'dll.''l lIvailahlc to IIIe Ball" lI1ldl'l tlil' III 'C III LlIh...,Wh... lIvuil;Iblc 10
Ihl' BIIIl'" Th~ Ikaler w;live~ ilud It.'Ic:asl's .11I) lI~ht III rc:qulIl.' Ihl' Ball" III (illll'(1 iIll)' Ilf Ihe Bau" Illtlchlcdncs~ fnun 111I)'
t)lhc.:r Cllllillcntl undcr ;111)' Ila"lI)' of 1I11llsliillllllg III assl'h tlr olhl.'I\\'ISl.', alld 'fl"'dlkally lltJllhlll/f,,'S Ihe lIun" It) IIppl)' 1111)'
Collall'ral in \h'hkh Ihe Ikal(.'r ha\ un)' ril',hl, 1111... IH nlll.'tl.'sl ltgaitl\t nil)" ilr lhl' ILIII" rndl'lJll'dllf,,'s~ in all)' manllcr thnl the:
Bank ilia)' t.Jetl'rmilll.',
(hl rermilltlll.' Ihe Line of Credil, l'xcrdsl' ils rill-hIS hlll'lminal... Ihl.' Supplil.'r\ lights undl," tll... Ihaflill!,! l.l.'ller tlllli/or (kdall'
I Ill' BanI.. Inddlll'dlll'SS Itl hl' illll1ll'dialcly dill.' and pa~ilhk ill \~hllk llr ill pilll
(..:) Hl.'ducl' Ihl.' Bank lndl'hll'd/ll:ss III jlldglllcnl.
(d) SCI.off antlllppl)' Oil tlo.:nHlI1lllf ilny of 11l1' Billl" lnddllt'dness, all halatll,.....s uf Ihl' Ikall'r Oil d(.'ptlsil ~"illl, llr held III iln)'
capaCil)' hy tlil' Bank lit allY lil1ll,',llUd IIIlY otllln pllll'"'IIY 1),- an)" Ilalu,'" oflh... l>...akr wl1i,,-h 111f,,' Ball" Illay al im)' lilnl' have
In its possession,
(el Take 1l0SSl'tiSlOll of 1111 or IIIIY ('llllall'ml wilh or wlthoUI kgal pW"'l's~. "I he (kal...r, Oil the B:ml-. 's n:quesl, will assl.'mhlc the
Colllllcrnl And mAke illlvllilahle 10 the Halik lit II placl.' dl'signatcd by the Ban", whkh is r~ilsollahl)' convenicnt to both the
f).III.r nll,j Ihc Bllllk,
(I) The Bnnk 1113Y send nOlices in Ihl' Dcnlerls lIotHe or instluclthc Dcnler 10 Sl.'lHlnolkes ndvising nil)' lllld all Account lll'blors
filtH Ihe Accounts have heen assigned to the Blink llnd Ihat all paymcnts Ihl'rcon tile 10 be IIHU1l' dircclly 10 thl.' Balik,
17, WAIUlANT OF ArnmNEY,
The Dealer hereby Irrevocably AulhorilCS IUld empowcrs 1111)' illtornl'Y or nny dl'rk of IlIlY (OLlft of record, to appCitt lor nlld confess
judgment as 10 an)' term agAinst the Denier: (n) in nil)' Bctll)/\ of rcplevin ()t li.n possession illStilulcd by the Bank tf) obll,in possession of any
of the Collaleral; and/or (b) fol' such SUInS os nre due, in either cllse wilh or Wilhoul decl,ltalion, with costs of suit, rell'asc of errors, wilhoUI
siR)' of execulion And with IIIl amount not to cxceed fifteen perce/II (15tJ"o) of Ihl' amount of such judgll1clH lidded for iltlOtllC)"s ICes !i.)r
collection, If n copy oflhis Agrcellll'nt, verilied by aflidilvlt of Ihe Bilnk or SOl1ll'IHll.:' 011 hl'hillf of Ihe I\allk, shall have bel'lllill'd III such OIdioll,
it shall not he I'eccssary 10 lilc Ihe original Agreelllt.!llt 015 It WarnUlI of Attol'lley. No single C)l.erCIS~ of the flltegoing Warnlllt of AttornI.')' 10
cOl1fess judgmenl shall be dl'emed 10 exhauslthe !lower, Whelhl'r or not illlY sllch C)l.e,cisc shall he held by any 'llurt to bl' invalid, vllidilhlc
or void, but the power 'ihall ,ontinul' undiminished 1I1ld IIlllY he eXl'rd!lcd frurn timc 10 lime as olil'n as the Bank shall ell'ct, until all of Ihe UIUlk
Indebtedness has been satisfied in fulllllld (his A~'eelllellt shall be 5uflkil.'rH warranl Iherdor.
The Deiller hl'reb)' ror~ver wnives nnd rl'lf,,'ascs all errors in said p'l}(l.'cdings, WiliVl.'~ ~lilY of execution and eXll'mjull nf 111ll1' of
paymcnt, lInd w,lIves all c.ltl'mpllons frolll levy nnt! sale of any pnJpl.'ny lhilt 110W is or herl.'afll'r lIlilY he e.ltcmplcd b)' law.
IH, UANK'S IWalTS IN llISl'OSITlON OF TIn: COI.I.ATEIlAI..
TIll." Bank may dispos(.' or 11l1' Collilleral hy puhlic or pnVall' sail', tll1lht.' prl.'llli'll's of till.' Ikalc:r, or at an)' olhl'r 11lCillillll, by ~all' ()I
nlhl'r di'opmiuilll, iI\ iI IlInllH In p,H(l'h If Illl' H:lIlk l'lt.'d'" hI dl~P(hl' 1'1' lIlt: Cllllal~'I':\llltl Ihl' Ik,ll"'I's p'Clllbl'S, Illl' l>call', \\111 pl\lvidl'
rl'a~L\l1ilhll' l'ilnpl'I.llltlll ;lI1d \\'illntlt 1'I1all'l' Iht.' 1\.111" ll'l\l fill ....lId lI't' I Ill' 1\;1I1~ Hill prl)\,l,k tl';I:,llllalllt: Iltllllll'lIlitlll tlllll... 1l1l11' and pl,\I'l' 01
an)' puhlh: "Iho nl Il'il\'lll;thk lIillllll..illiLltl tlf 11i~' IHIIl' ;lll~'r \\,111,11 :t1l~ P'I\,lll' ,,,.k III Illlll'l ltlll'lldcd dl..pn"'llttlll 1\ hI hl' Ill.ldl'
"
.
1'/, Mlsn:l.I,^,~I.;oIlS,
(Ill T11i'i ^~ll'l'lIIl'lll '111.111 1111111' III Ihl' hl'I\l'OIIlI illhll\ ~lIld ",hilll ,:tlnIOllll.' hI IH' lUlldlllll. 1'111111 lilt.' IHIIHt''l. 11Il.'1I \1I((\,.'\MlI\,
1l'IUl'h1.'1ltllm'I''l. Il'll'I\l"", III1'kl'\. hl'II'! ill1.1 11,\111.11'" NlIlllllljl, I.'lllllllllI"'lllll'll'IIlI\lIIll'llIll.'ll h) nil)' IhUI)' Illlllllh'l 111I)' lIV.hl\
"1'1111 nil) Ihud p.lIl\ il'" il lu.'lll'lil'lill) NlfllllHII ,,"llllllllIl'tllll'IL'11l \11.111 hl' ....11ll'llllll'll III pl'IIl1H 1111.' Ih'ukl hI 11"\11'11 1111\
A IJ,fl.'L'lIIl'lllIII 1111)' .,llhl' I h.'illl'l.... III'hl\ nl ohlll'"IIIIII\ Ill'll'lIlldt" wlll!tJlJlIi, 'II Illllilillllll! thl! l'wth. '", C"PII'!'.h \\IIIII.'III1I'Il'IIYIII
ih) If Ihl."C' I" IIlUll' IIHIIIIIIl\,.' I kill"',, IIIl' "I h'Hkl" ",11i11l1lll.'lIn ",111111 tlh.'1H III l'ill.:h HI .11I) III tlll'llI" untllhl')' IIII.' JIlIIIl and \1'Vl.'llJlI)'
hllun,t hl'ldl)'
(c) lJntlllhe Blln\.. Inddltl'dlu.''1'1 1'1 paid III 11111 ~11It! nil tilthI.' I kllll'l '!'\ IlhlqliHhlll'l hl'lt:lllhkl IIII.' 'llltl~litl'tlllll)' PCI'llIlIIe,1 III 1'1111,
nllohlignlliltl'l, If,.'IHl''1l'ntall'IIl''o, \'iIIlillllll:~, ,,:1}\'l'lIll1ll~, IIlulclln\..lIll','1l1ntl illlll:l.'lll\!tll!l I)f thl.' I>l'lIh.', hCIClIIlI1c1 IIlhJ IlIldel Ihe
NOh! IlIlt! nUIII"cl d'll'llll1l'nh t'\"l'lItl'lllll l'tll1lh'(tlll/lIIl.'Il.'\\'lIlllll Iclatl'll hl."l'lll '1hnllll'maln III lull I'tUl.:1' lIlIll l'lfl'd
ld) If 1111)' pttJ\'I'IltllI ill Illh !\"ll'l'tl\l'tll ~hilll Inl .1I1~ IL';l~lltl'l hL' Iwld hI hI.' 111'1,11111 .11 Iltl...II,.l/(l'.lhk, '11J(h 1t1\'.IlIdit)' III
llIll'IIli.)I(eilhllll\' !lhall 11111 1I1h'Il (111\ lllltl't 11'11\1'111111 II~'I..."I
II.') ^Illip.ht!'\, pl}\\'~'I'i .1I1111l'IIIl'dll''1'lf ;hl' llilt1~ IlL'II.'Illllkt III IIndl" all)' I1lhl'l IlhIW,III.ltl ,UI.' (Lllllul.Hi\'l' lIlId IltllllllcllIlItivc nnd
!ihnlllhlt Ill' C\IIIIII',ll'll h) an) '1l11pk 1I'I'lI.'III.1I1 Illl'll'111 I hI.' I'al!lItl' llllhl.' Halll- ILll'H'll.'hl.' 1111) ~lj(h IIphl, III)\H'I nl" 11.'1I1l.'lly
\\'1111101 he t!l'l.'lIll'd II \\al\'L'1 tllel.:ll!" 111 It Pll.'d1ldl' illIY Itlllhl" or ilLhltlltll\,lll'\~'I(I~t' 01 ~UdlllHht, IllmCI ill Il'lIu:dy, 111)\\' III
tllthl! rlllllll!, IIpOI1 an~ <lhllg.lllllH 1111111.' Iho,lkl I Ill' \\iltHI' 1111I1I)' dcf,lIllt hl'lt~lIndl'l !,hnlllltll hl' II \~'IIl\'CI ill' 111I)' !iulm.'ql.ll.'lll
dt:fnuh. 'I hi~ palll!!taph ,hall Ill! appll(uhk III Ihl' I kall" [IlIillll1)' pC'~l)1I Ililhle wllh II.'~pc..:1 hlllll or III\Y I'llIl1'1II of the 1)1\11"
Indc!btcdlIC\~
<I) ^" nljlit.:l'~ IUU\'llktl hll hl'll'1l1 ~h;1l1 h(' 1!l'l.'lIll'd tll ha\'e ht.'l.'lll',I\'l'l\: (I) il lIy Ihl' "Ull~ h) Ihl.' Ik,,":r, whcllltcptHiilerl in lhc
1I111i1, or 11\ all ntlll.'l (a~c~, \',1\1.'11 ddl\'I'II.'IIILllhl..' Ikakl a,hlt':~~l.'d \ol
Al'lIlIlAI'S IIAIIIUSlllllhj, I~:l'
.11 \0 nlMII\lell~i 11111 IlllAIl
IIAIIllISIIIIHli. 1'01 17111
Il..'lo.'plhllll', (717) ,,)(d.}:nn
I'il)' (71'1) (,(J!.,!W'''1
.lId (II) If h~ ,he Ikllkr I" 1111' lIillth "1'"" re,e'p' hy Ihe Ililllh iI'e
I'NC IIANK, NA'IIONAI ASSOCIATION
,1.',1,' CAIlI.ISII 1'1"1
l'A~II' 1111.1, 1'01 17tlll
lekph,,"e CIl7) 710.lltIS
III' ('117) 71O..'IS)
(g) The Denier hereby WIIIVl.'S ptl.'~t.'llltllelll ntld pltllt.'~1 (llIIllY Instrument and nou,e th.:tcor, nOllce of lle'';'1I1I and 011 other 1I0th:es
to which the Dcall'r IIH1Y ,>thl'IWhe: he: I.'tllillcd.
(h) This ^grtcmCIlI, ttlgclh.:r wllh tilt.' Nott.', 5C:'Utit)' lIgre:(,lIll.'llls, mot1HlIges, nnd (lIher dOCUI1It.'IlIS rererred to IlIm~in, (I) Is Ihe
complete wrinen lIgrccrncl\( of Ihe P,I1111:5 heretl), supersedes OilY prior ullderstnndings or wtitten ngrecll1t~nl; Blld (i1) cBnnol
he \'Brledl c1l1\ngcd or olhclwht.' IlHld I lic:d , e);(C'pt wllh the consent or the: Blink. No ornl ptomises, conditions or
represcntations mAdc by either part)' shall vilr)' the terms nnd conditions herein.
(I) Th. De.ler heroby II~rees Ihllllhe COllllllon I'lclls COII/1 or CUMIlEIU,AND COIlIily, I'ennsylvllllia IInd Ihe Ulllled S,.,.s
DI,lrl., COII/1 r,,1' Ihe MIIJI JI.I'. Ilislrkl "I' I'ennsylvllnlll shllll havo exclusive jurlsdlell"n 10 hellr .nd de'Clmlne .ny c1.lms
or dlspules betwccn thc Balik ;tlld the Delllet pelti1ll\in~ directly or indiret.:ll)' to this Agreemenl or to 011)' matter arising
therefrom. The Delller herehy e>:prc~sly suhmits and consents In advllnce 10 slJch jurisdiction In on)' BCllon or proceeding
commenced hYI or in all)' Ilction ngalml, lhl: llank, in either of such Courts, helch)' wnivlng personnl service orlhe 5ummons
nnd complaint, or olher 11I"<Kl'SS or papers Issucd Ihe:rcin, nnd lIl!reclng Ihal s.:rvke of such SUIIl!111HlS And cOlllplnlntl or other
proccss or [l:lpers llIay he ll1.uk by rcgislc,e:d Ilr L'cl1irkd IUlliladdtcssl!d to IIll' Deall'r i1lthe: nddrcss to which notic.:s are 10
be 5enl pursullnt Iii paragrnph (n a!ll)\'C
(j) In ord~r to c)(p~dll~ Illl' I"I.''\olUIILlllllf an)' dispUI':S \I,ohkh II\IIY IHl:ie under thiS ^~'.Il'ClllCIlI, Ihe Deall'r nlld the Bank herelO
waive: the righl to lIial lIy jllty III illl) ;Idilll\ or prllL.'e:edillJ-', of IIIlY kind llr lIallllC in :IIlY L.'llUlt 10 which they IHa)' both be
parties, whelher atising out tlf, !Judct, 0/ hy r.:asotl of lhis AgtC':lllCIII or 1111)' assignl11cnt or olher trall~uction hereunder or
by reAson or ;tn)' (jlhcr CiIU~l' lit ,1I'lptJIl' \\hatsllcvc:r helwcellthl'll1 nf lIny hind or natllre, lIt1d lIt.:knowledgc thai such waivcr
hilS becn spedlkally IICjliltiilll'd as a Piltl L1f Ihi~ ^gtcl.'l1ll'l1l,
(k) This Agreel11elll (i) llIay Ill.' l.'\l'(IIlL'tl in 1111)' nlllllhn or ((l\UlI':IP,lIb illld ,,11111 !'IlKh ..:tllllllcrparb l:Ikcn tnge:ther shall bc
d(!c:rncd 11\ Cllll!'\lillllC one alld Illl' ~;II1l'-' dllt'lltlll'lIl; and (ii) shall hCL.'tllllc dlcL.'li\i1.' whC:Ile:i1L.'h III' the pilrtic~ hereh) shall have
signed n copy hcrcof (wlll'lhl'l lhe: ~alJ\l'l1r t1ifkll!111 ('lpics) alltl shall have de:livl'lcd lilt' slime III Ih.: Billlk, "'hether b)' moil,
in persoll or hy tcll'..:opit" C'lltllpkle: ~I.'h or (IHllllcllwts shall he: Itldl!CII wilh Ihl' I h'i1 I t.'1 ilnd wilh Iht.' Billl"-,
'I
FXIIlIIIl "II"
IH"LHI INVENTOII\' I.INF OF l'ItlmlT NOTE
)I..I\II,II'III'!'I
('^"'JJ'JJJJL.I'^- -..
!.IJXIJ\J!JuuLt!'l:L
IIHl \IAlln l-t I 11\i111 .\II!IIIlAI", 1I^III'P\U1Iltll, IN' nlll' "Ill'llkl") IJllIlI\l~f,.'~ Il) IHI)' lollle Illlkr ilf i'NC I\ANK.
NA 1IIINAI, ^l.~l II 'fA III tll, 1111.' "11.1I1~' 1111I+IIIIIII,lIl1,IIl~lnll 1I',',llllll!ltH\ III 1.lwlul1Il1)l1l.')' lll'th... lJnilcd Stall.!5 tlf AIIIl.!/ku. at hallkm~ ullh:C5
~Ill '^"tI' 11111 f P^ 1/1111111 "III II nllll'l plllll' 11', IIII' 1\,ltlh 11111) Ik 'I I tlllllh' III Wlltllll~, lIlIllI 1H.~hlll' Ihl.! lcrmilllllil)ll i)ale as thilt tcrlll I~ defined
1111111' Ih'llll'l 111\1"'1111) Ilhlll ,11I111\ltlll'"~, 1\1'11'I'1I11'llt d.!h'd 1111 'I f\lIUlt ,PII)I' II)" ullIl bclWl'l'lIl11l.' Dcnler IIl1d Ihl' BUill-. (the "AgrcclI\l.'llt"),
II... IIl1l1h 1"''''1111'"",." '",' I""" "",1,"""",,, ,,' III", h 11\,1\ "''''",1 I WI) ~IJJ.UON J()IJJlIIIINJmLlLJ:!J:TLJ!.!.(]lJ5f\~J.L IJOI,t.AIIS
l~I..I"J!III'I'lIlll1ll1' '111,'" I 111111 '11111"""'" III'" 1I11l"''',' "" ,",' 1"""'1,"111111"""' ,"''''"1ld'''I', p,,},,"k ""lIl1hly III ,"e pc, 1IIIIIIIIlIIllle (Ihe
"lllillll'"Il~"t I"pllllln II "1/"'1 .111'1\1'1111' Itllll~ ',Pllllll' lilll' 11111111'11'0,1 ("!'lfllll' 1~i1Ii:"1 \\111....11 lall' .,llall....hanJ-'.l~ dlc(ll\'l' I'lhlll ,lilY .,:haI1ltc in ~u~h
1'1 lilli' 1'1111.' '111111 11011' I.) HolI' ~\ Idllllll lillO, ~. III 11!l1' ,lbUII'" Ii, tilL' 1\,11'''- III I Ill' I kall'1 I hI..' I h'akl llOdt.'1 ~Iand~ Ihalllll' !l111l\1..' !(aIC 1\ 11111 Ilt:il
In ,III) nlt'lIl-11 ,..h' III lllll'p',j ,111.1 11111", Iltll 1\1'1'''''01111) /I'lIn''1l'lll Ihl' lll\\nl 1;\\1..' 1)1 II1lt'll'..,' 'llkn'd by Ihe I\"ll~ III illI)' pallfullar da'ls III
lllh'I"II) ,,1 I 11',hlllll'I', Illlt /."1 .,11,111 Ill' 11,1.,111.111',1 hl'Il'IIIIIh'1 IIII Illl' ,,<lll.II t\llIII h"'l Ill' days (hill thl' plllKlpal h lllll'lllllldltll!.. hilSl.'d 011 il year
III \hl) .1,1) 'I, "ldn., 11/111.1 '\1',1' "111'.1111'11111 \\/IIIIIP 1111I"l"oI ~hiIIIIH' 11.I~;lllll' Iltll' 1111I1I111 htltll thc dillc hl'll.'llf ~It~d 11l1111l' ~alllc day 1)( l'a.;h Ilhlllth
Ihl'lt'.llh'l 1111111 th.' 1\,111" Itld.hh'dlll'~" 1'1 p.lld III 11111
I hi' pllll'lp,d h,d.III' I' dill' IU'lt'IIIl.h'I, "hi' II 11I11)' hi' III l'\l'.'~~ 0111\1: 1Il1lillllltll.'klL'IKCd ahnvc, pillS all ;J((llIClllllt'."C\t dul' tllc.:ICI)l1
1I1ld Il'I>!' 111111111111'1 MlllIlIllIl lilli' till' HIIlI~ .11 illl\ 11111.' ,111111111111 IHIll' IH 1111\\' slBlIl Ill.' IhL' 1I1lltllllH as ~IHI\\1l llll thl' l.oan A((tlunt lII:1l/llainl.'ll
h) ,I... 1I""h '"111,111' ,,,,,,',",'",, "11111"",,',1'" II", I l<',d"1 h, 1111' lIillI~ '" ,"""dll,,,e "llh I"'"'''''''' "I Ihe AIHee",.'''', "hkh ,hllll, II "" llmely
111111'1111111 I~ 11I,1111', Ill' .In'lIlL'd I ntll hl'd\l' n 1.1"111 1'111 Ih.' ildllil! illllllllllh dill' thL' Ballh,
I'IIIIL Iplll "lllllll... .1111' llthll"l~llhh' ,It I Ill' IIlJll'~ alld IlIlhl' ,1l11Llllllh spl'(llkJ in thl! AI!Jcl'llIl'llt. Prindpallllay lJl: IL'paiJ itl wlwle In
"' 1',111 h, 'h" 11<'111<-1 ",lh",,1 1"'11,,11, "I ""~ 11111" II 111'\ I",)me," "I 1'''''''1'''\' 1"1',,e,l, fcc" "","i1me"", "r ,"he, 111""1111" due 'he Illlllh
1ll'II'lIl11kl III IUldl'l IIII' ^pll'I'IlIl'llt 1'1 'lilt p.1I11 \\h.'1I duc, 1I1l1'11'~t 1)11 IIII.' llllllltlllb lHItslandill~I, shall ,h:CI"IIL' IHlhe pcr atlllUm tatc el\uallo ~IYu
Ilhll\I' IIII' t 111111 IlIIII' IIhl" ')"" 111\1' "I h'111I1l1 IlulI'" I I Ill' BillI\.. Will Ill' al all tillll.'S Ill.' l'1l11tl.'d III nllllf Balik's lights iHhJ rl'mcdies us Sl.'1 forth
III Iln' ^1'II'I'ml'nl
11l1~ !'loh' l'l 1"'0111'.1 III l'ntll\l'L'lIOII '\'1111 ,llld 1'1 \lIhll'd III "lIlhl' ll'flllS 1I11d t.:lllldltillllS lJf lIlt: Agrcl!II\l!llt, whkh tL'rmS IInd cllndititlllS
1111' IIIllllpn'llh'd IWIi'III hy Il'h'fl'IlII.' 11', 1111111\ "1'11111111 11.'11.'1111111"1 I'\tlll' 1'1 ~ct.:tlrl'd hy th~ Cllll,lleHll. 1\'1 Ihal tcrlll is ddilled in said Agtcemcnt
lhl Uul... hrrl'hy 1....\'111'1.111)' IWlfllll'l/t'h IHIII"I1lI'U\Ht'!'I un)' I,,(orney 01' !lll)' derk uf 1&11)' l'ourl of reL'onl, 10 "Illleltr (or nlld
runr", i,..IKUlIIII tit' III Itll~' Irnll II nit Illfltl tilt Ut'llh..r: (II) In Inl)' lu'lhlll of replevin or fur Ilosscsslou inslltuled hy Ihe UWllk 10 ohtAin
11.""..,1\111\1 OilY 1\1 Ih. 1'1111...,..11 .1\,111\" (h) I'"' ",dl "'illS 'IS lI,.e ,,,,. ulI,l.r Ih. U.III.r', LlllhIlIU., 10 the 11111111, 11\ .lIh.r CII" wllh
fir \\-lIl1ulIl dfl'lI&nllllll. ""h l'llfltlh C1r /luU. nIL'lut 1)(' rrrUf'II:l ",Ilhlllll !'IIIl>' I)r CUCUIiOIl llUtl wUII '''' ...muunlnollo e),ceed Onfen pcrcenl
(I ~.I"~ ur Ihl .mlllllll III "'I..h JUIIJtnU't1l nll<d rill' "llIlrll!.')"!! fel'h fill' ('ull~('Ilt)lI, If .. ClIp)' or 1h~ Al.trremerll ot' (has Nole, \ltrinelll.Jy
.11101..11 "' Ih. lI.nk "' "'11I1'11111' 1\1\ h.h.11 III Ih. 1I~lIk, ,111,11 h,,,. IIC'" 01.01 In .uch IIcllon, II ,haU nol b. lI.c.,,"ry 10 flI. Ih. orlgln.1
"M..."t111nIIH NIIII nil Wllt...anl ur AUntn!')', Nil fItln~lt l'uorche IIf Ihl' rlJl'tl.tltllll.t \Vllnnnl or "uurnty 10 confess Judgment 5hAII he
IlrttllllllU ,.1I1I1I,lllIl' pn\\o'tt'l ~hl'tht" ur nlll nllY !'IlIdll',erd!'lt' !lhllll II" helll hy IlltY ('l)lIrllo he tnv..llIl, voldAhl... or void, bUllht power
"h.1t t'nnlhulI IItllllmhllhhrlllllllllllHY ht ru'nhtd rrum Illite' II' lime AS ufltll I.... lhe UUllk shllllel1'cl. until Ih... UIHlk Indl!lJlfdneS5 hAS
htl'lI ",lhn,1111I filII 11...1111., ^~I'tl'ml'nl u.. Ihl!'l Nllh' !lhllll h., ~lIrndl'nl ",,,rruntllll.'rdl)l'.
lh, U,.I". hrr-rh)" rurnrt' WIIIH'Pi nlld I'th'U!'ll'h "II el'l'urs ill sf,hl procl'l'dlfll.ts. wnlvl.'!'I ~I"y I.r l'U'('uIIIHI ,wd r).lenslllll of 1111\1'
III 111I~lIIr"l. 1I11t1 \\0,,1\'1'''' 1111 r"'IIIIII1UII!l r,.lIm "'\'y IIl11l !'IlIle ur nllY 1It1111L'1'l}' 11I:1l now Is llf' hcrl.'llfler 1Il1l)' hl' 1.'\l.'lIIpll.'ll hy h\\v,
Nil 1111111.1(' rUrd'lI' II' Ihl' fll"I'Jtuln~ IliI\H'f" II) l'llIIk\:\ judl.tlllcnll or n serics llf judl.tlUcn(s, shnll hI.' dl.'l.'t11l.'tlln C~h;lusllhc IH)WH,
"hrlh,r nt' 1I1111t1l) MH'h turd"., "llltlllH' hl'hl by nny l'llurl hI hI' \'illld. vllldllhlc, or volal, hUI Ihl.' I'lJwer shllll L'unllnlll' undiminished
,.1111 II ""'Y h, ,...,.dflttll Inlln IIml' 1111111'" Il!lllfh'" I\S 1IIl' U'IIII( sh'lll t.'ll'cl unlil such liml.' IlS thf Ihtnk shull hllve n.'L'eivctIIH'ym1'1l1 in
'nllIlIIIH' Ih'hl. IlItHI''11 11I1I1l'Il\h,
Illlm NIlh' I'. 1I1l1 p~llll \\lIt'lllluc lIlld '..pl,lll'll WIth all alhllll~y for colh:~llllIl, and \\hl'lhl't or Ihll suit is elltl'ted hl'r~llll, or judglUL'llt
t'lllh'\~t'II, illllllll'lllhl' 1 h'ilkt, Iht' I h'akl 11ll11ll!1 "1'11.'.'" III pay tIlt! Itltll-., in Ildditiollto the Plill(ip,,1 and intereSllhl'n duc, the ~osts of suit "ilL!
,I Ifll',I!Il,I"'" ,tUnlllL'\. '" h'" I\lll \II t'''-ll'I"t 1111l'l'll 11l'lt'l'1l1 (I <"'..) III ..II(h prilKlpal anl! IIlII.rl....t
!\~ 1I"I'd IlIlhl" t~'lli', "lIill1l-." ',h,lIlllh',1I1 "Hall\.., Ih 'Llt'(l''>'''\I', illld a..."IgIl:-''' alld "IlL-all-I", 1111H'll' all' Ill.Jll' tllal111lll', ...11,,111111.'.111 "all
1I1111"1l\ 'II l',illl '" ,Ill\' III Ih"Ill", .111.1 lhl'\' ,lit' 1'>11111\ illld ',t'\'I'I;dl~ t\ll\lnd
\!;XUllUT "e"
A,l)l>1nON,\l. TImMS
A~II)hAUlllltJllhurs, IlIe,
Unlit IIIVCIIIIIIY III'. ~ee~rlly Asreemelll, daled peeember 19, 1994.
t"lN"NClNll TimMS
NJYhli~U
New Vehicle,
100'JI of S~ppller'lllIvolcc.
(jllllladolll:
Volkswasell
$1,700,000
^odl
$400 ,000
l'or5(:he
$350,000
l'rosram/Faclor)' Vchlclel
lOO'JI of aucllollprlee Ie.. aucllolI fees,
LJlcd Vchlcl..
lOO'JI of die eurrelll N ,^,O.A. uled wholellle vllue,
~\JRTAILMI!NTI.i
Vehicle I placed III demonslralOr slaWS ("Oemo(I)') will
be IIlessed mOlllhly al 2 % of Supplier's Invoice, If \he
aggregale value o[ I)emol excceds 3% of Loin Llmll,
curlallment heglns al end of 4dl mon\h, If mc
ag8regale valoe of Demos Is 3% or less mall Loall
Limit, curu\hnem begins al elld of 6dlmollm.
I'rogramJl'aclO1}' Veblcles will be assessed mOlllhly at
2% of Supplier's Involcc after dIe 6dl month.
Prior years models remallllng a[ler March 31s1 of
[ollowlllg year will he nssessed mondlly al 5 % of
Supplier'S hw"ke,
rAYMENT IN FUll,
New vehicles .nd demos will be assessed payment III
full al 365 days,
Used vehleks will be assessedll.ymenl III full al 120
days,
~;Xlllm'I' "1)"
AuwhlUlllarrl~hurll, III~,
DCllcr IlIvclllQry IlId Se~urhy AllrecmCIII, dllcd Pe~elllh,r II), 19')4,
AOIllTIONAI. ('OI.I.ATIililIL
'111. Ih."'Ule Oll~ ulle'lI\1I1II""i,lllllurumy ul thc puymellllll Ihe lllllul' Ihe 1I0llk 11I<1,llIelllle" hy Mlchlel A,
WIIIII.r 111111 Iklhell W, WOIIII~r (11\llIvl~ullly I "Ouurol\lur" IlId wlleellvely, Ihc "(lllarollh","), whl~h
lluorlllly .hull h. 11111 I"rlll lIC1eplahk III Ihe lIallk,
lI.rbm W, WOllller', p.",,"alll"nrllllle. will he relea..~ ""II\lUrC Iholl60 day. afler recelplul' all rcqulred
11110llcl01 rep'nI' I'ur IlIe llscal year ellllllllln.eember 31, 1995, pruvlded I"mower Is IIUIIII deroullOf IllY IIlIII
tcrms olld '"l1dlll<lII' e~l.tllIlllIl dllll Ilml,
II
I
..
IlEAI.EIt INVENTlIln' LINE OF l'Iuml'l' NOTE
)L:~~.I}~'~)I), ~JI)
(,'M!'!!!I/. "0\
"j'll~JII')lI? 1'1'1,1
Hill "Ai.l/I' ((H'l-IVI:II, AI/rOIlAI'S IIAHHISl\lIll(" INl "lte '1I".,le'''II"''"l1,e, 1<, I'") 1<, lite II,d,', "I I'N(' I\^N~,
NATIONAL ASSOt 'fA Of ION, (the "Billl~") 1I1111lllll1ll1 hlllll..!tl!'. 1l\~11L'lallllll III 1.1\\ 11I1IIIqlll,'~ IIllhc I I III Il'l! Slllll'~ lIf A III l'lI (II , lit hllll"IIl,~ 1I11kc!I
ill ('^~W 1111.1., I~^ 17')11 tlr slll.:h tllhe, plul.:'C: 11\ Ihe BIIII" lI1a)' dl''lIl!ll.Ill' III \\llltIIl!, 011 III hcll)fl' Ih... Icrlllillutillll I lith.' i1'llhlllll'ltIIl'l dl.'lilll'tl
III thl.' Ill!ulcr Invl.'llllllY I 'HIli lIlId Sl'(lIIil) ^l!Jl'l'Il1l'111 dillcd I )/.( 'I, t\tl\' I( ,I ')11,1 h) I1l1d hl'IWl'l'll the I knler nlll! Ilu: 'lUll" (llll' "^IU'l'l'IIlL'III"I,
Ihe 1I1111~ IlIdehledlle\\, 'lte 1'''''''1'''' 111111111111 "I IIh"h 11\1') e",,'d I 11(' ~"II !lI.~ Jlilll' jIIJNjII!ULULJYJljlll'.1^!,II.l.. IlIlI.i.,IIIS
j}l.1-1~l).Oll.!.L!1UJ nhe "1.1)illl I.nnll"l, 11ll1dhl'l \\tlh 11l1l'rl''l1 lIrllhl' I'IIO(IP,II iltlllllltltllllhlillldu11!, payahlc 111\1111111)' III I Ill' pl'llIlIIllIllI 11th: "Ill'
"I,tIlllI HllIC") ClllJlIl hI IJ,~()% ilhu\'c Ihl' Ball"'~ pllllll' lilll' Illlllll'tl"t ("I'IIlI1l' ICIIl'''1 ,~hldl Iiiit' ...hllll dllllllll' l'n~'dl\l' "pUll illl) t.'halllll.' III ,lid!
Pnllll' 1(11Ie: "lIt11 lillle: Itll!tlle:, WllhoUllltllln' 1\1 wll' dlillll!l' h~ IlIl' HoIll" III I Ill' I killl't I Ill' 1 kall'l llfllll"lllalld~ IIWllhl' I'lIl1ll' HUll' I~ Illlllll'd
II) 1111) l';.. 11.'111 III ,,,11.' Ilf IlItl'll'~1 1U111 dtll'~ /llll Ill't.'l""illily Il'IHl''''l'1I1 till' 11I''1l,...1 tlllL' L1lll1ll'/L'...1 IlllL'll'd h)' Ihe BUll" In illl) l1illlll:lllal' l'IiI..'t III
(11I1'~11l) Ilf ....u~hlml.'l'l Il1ll'II.'~1 ,hall hl' l'ukulilll't1 hl.'ll.'llIhll't /III Iht' ,1I:lll,tlIHllllhl't III dllY' Ihat tile prllldpall, IHI"lillldlllj!, h,l'tl'd till it )'1',U
Ill' llJO JII)'S, Ultll.'~s IIthl'IWiw SIll'dlicd III '''rlllllll 11I11.'II.',t !'Illall hl' P,I)lIhll' IlIll' l1I{\lllh Il~lI11 Ihl' dall.' Ill'II.'I)!' IIlId tlll IIll' llilllll' da) II!' cadi Ilhllllh
Ihl.'lClIHl.'r 1I111111hl.' Hall" Itltll'hledlll"'t is p.ud 111 hili
The ptindpal haLlIll'l' dul' IIl!lClJIllll'r, ,~hll'llllliIY hI' In nt.'c...... III 111l: imlnUtll ll'fl'lCIII'l'd IIhllve, plus ull a":l'llIl'd IIllell',1 dllc Il1l'lelltl
Rlhl fees Ilfhl (llhcr 1111I111111" (11Il.' the Billlh nt illlY 111111.' IIlld from 1I1l1l' III lilliI.' \hllll hI' 1111: iltllillllll ~I!'I !Ilumll 011 the !.olln At:LOlltllllHlIIllllllwd
hy Ihe linn"- lItld Ihl' ...lall.'l1lcnl!'l sulllllill..:d 1111111.' Ikakt h) Ihl' Ililtlh III ;!t.'l'llIdillll'l' \~lth PIII\ISltlllS llrlhc ^gn.'clIIl'llI, \~hl(h shall,lrlllltitll..:l>
uhJl.'dltlll Is Illlldl.', he dcl.'tlIl.'t1l.'oll....lu:-iivl! l'\ Idc.:l1t.'l' 01 tile al'lu II I iUlltHll1h dill' I hI.' l\allk,
l)rindplll !'Illall hI' dlle llllll pa)'lIhll.' al till' 1!1lI1'!'I and ill IIII.' i11ll11llllh Slll't:'llil'd ill 11I1' "l.!rl't:IllI'III, Ptllldpall1lil)' hI..' tL'pilld ill \..Ihlk Ill"
ill part hy the: Ikilll'r wilhllll( pl'lwlt)' al tll1Y lillll' II' nil) paYll1l'nl of pruKlpal. illll.'tl''''l. lcl',), t:'llIlllillllcllts, lJr (llher llllhlllllls due the Balik
hl,tel/tuler or under the t\llfl'CIlII'IH is tlllt pllid when tlue, illll.',.C,1 llll thl.' .1I11tllJllh llllhlllllditlll ')hallllt:'('ful.' .lIlhc per 1I1111ll111 rulc equullll ~'~"
"hl)\-l.' Ihe I.IHIII Hale phI" ~ll;) (tIll' "lldiJIIII 1~i1II'''1 lhl' Ilunk will hl' al ntlllll1l'~ hI.' cllIilkd 10 lilloI' B~Ulk's ri~hh illHlll.'/IIcdil.'s liS sel I~Hlh
III thl' ^gteCIIlCll1
This NOle IS isslIl'll in l.'t)lllIl.'l'litlll Wilh and is suhjl'd III allllll' Il'lllI, and I'l1IIdltitlll' tlllhl' ^gtl.'ellll.'llt, \\hil'lI Icrlll~ illld (olldilllll1\
atc incIltpOnueJ hell'lI! by ldcrl'lll.'1.' as if "1I1l~ ...cllil/11l hCleill_ 'I hi, t'\llll' l'\ sl.'l:tlrr:d h) Ihc ('ullillCtill, as that te:nll h dclil\l:d ill !'oaid ^gll'l'lI1l'lll
Thr Uuler hefthy Irrcvornhly "UIlIlJt'II-tli !llId tlllllll\\l'ts 111I)' IIl10rney or 11fI)' 1..lerk or WII)' courl or f'c..'ord. 10 "(IIIC"r ftJr ullll
CQnft5~ Judgmtnt In 10 IInY Icrll1 DRAlnsl Ihe Uealer: (II) III IUI) Ill'llolI 1)( rcplevln ur for Ilossesslon lusUlullll! by the Ilauk 10 ohlllln
1'0.....lon of any of Ih< ('olhll..ol; ondlor (h) for ,u,h 'UIIl\ "' lire ,Iu< U,"t" Iho lIolller', l.Ioblllllo, 10 lho 1I01lk. In ohher '0'0 "lIh
or wllhoul declaration. wilh cosls or!iuil. release of erroJ's. WlllllllU ~I!I)' ur l.'uCllllolllllld nllh Itn amuunl nollO ucced nnun 1)c~I'Ullt
(I ~'/o) or Ihe HlIlount of sudl judRlllcnC IIlhtrd for IIIIOrUI'Y's fus flit' l'nlleclIolI, If II "'f'II)' of Ihe AKrumrnt ot' Ihb Nf,lc, \lulOed b)'
.mdavll of Iho IIl1nk 'lr 'ollloono on h,holf of Iho IIl1nk, sllIllI hll'o heon OIed III ",ell o,lIou, II ,hall nol ho nec....ry 10 010 Iho orl~IIIIII
ARrrrmenl or Nolc liS .. Wllrrnlll of AUorney, No sinAII' nercl~t IIf (he fl,rtJ,toiuJ,t \Vllrl'llnluf Allurney 10 ('lIlIf'''55 jud~IIIlWI !lihnll he
deemed 10 n,hAlnl tht POWft't whelher or nol nu)' Sll('h rUl'd!it shllll he held hy IlII)' rourlln he invalid, \lohhthle ur void, hUllhe IJOwl'r
.holl ,ollllnuo undlllllnl,hod Olllt moy ho ,>or<l.od from limo I" IllIIe II.' ufloll "' tho IIl1l1k 0111111 olocl. UIIIII tho 1I11l1k IlIdohlodlle" hll'
hun 1II1I50fll In rull "rid the AJ,trermrnl III' Ihls Noh~ shllll he !'IIlrndcnl ",l\rnllll Ihrrl'fllr,
The Uealer hurb)' forever WAives Aud rtll'lIsl.'!\ 1111 errors in slIld proceedifl~!i. w"ins SI"y or eucutiou Mild UIlltlslulI ()f lime
of IUlymenl1 !lnd wlti\'rs 1111 uemplions from lev)' Alld snll' uf IIUY Ilrlll'l'I'I)' thlll now i!'l ur hercllfler may he nrmplcd hy hlw,
No Nlna.tlr ul'rdsl' flf Ihe rflrrJ.toln~ l)Ower Iu l'OllrcS!'l JudglllcllI, ur II sl'rll's I,f jlHlglIIl'lIh, ~Iullf he d('('fIIeclln u,h"lI~lllu,' PU\\l'I'.
Whtlher or n!)IIIU)' ~lld1 txerdsc !fihRII he hrld by Any ('ourl lu II... \-'ulltl, \-'olclllhle, UI' vuld, hut Ihl.' flower :""111 ..'onllnur undimlnblh'cl
.nllll nUl)' he' ul'rd'il'cl (nlln Ihllt' 10 <<hilt liS flfli'n rn Ihe IIlIlIk !'Ihall ('II'l'l 1111111 !'Iu..'h 11m..' IlS (he 1"'1114. 5h"lIll1l\'(' rr..'eivl'd IJlI)'IIIl'1l1 In
full of lhe de hi, 1IIIl'f'l'sl 1lIlIll'lI~h,
If this NOll' h nol paid \\'h~1l dul' and is plill'l'd Willi illl a!lorlll..') lilt l,'ollcl.'lItlll, alld "hl'lhl,t Ilr lIot ~lJil is ctlll'rcd 1I1'f'l'tlll, or judgl1ll.'lll
cOlllc~sl!d, av,lIin'tllhl' l)cakr, lilL' 1>..,,,11'1' furthl't a~tl'\'s 10 flilY 11ll' Ilanl-., III "ddllltlt1tlllh~' ptllKlpilllllld inlerc!'Itlhell dul', Iht: ((Ish uf ..,1111 ilnd
i1 rCilslIllahll' alltltlll'~.... kl' 1l.ll III e\n'l'tllilll'l'll pl'lt.'1'1l1 (I "io,,) III "11'11 ptllh..'ip'll illld Illll'n'sl
A'i u"'l'd IlIlhl... Nnll.', "1'"Il~" ~hilllllll'at1 ""all~, 11\ "'Ul'n'WII... ,mol 01"'1)'11'" illlt! "lho,tll'I", I1ll1l'll.' arl' I1Ill1l' Ihall IlllC, ,h,t1lnlt:lI11 "all
uf IhcllI ilr (,,'a(11111 ;HI~ nlllll'1l1", and till') a'l' 1011"1> and "'l',u,lll~ !lnlllld
AMliNllMFNT TO
IWAI.I~J{ INVFNTOJ{Y ANI> SH'IJJ{ITY MiHFH\II'NT
I>EAJ.Elt INVliNTOHY I.IN1~ OF ('H!illlT NOTF
PNCi8)fI\llll(
TIllS M1I:NllMENT TO IlEALEll INVl'NTOll\' LOAN ANI> SEl'III11T\' AClIlEEMI'NT Ai'll>
IWAI.EllINVENTOIIY Ill'll' 01' C1lEllIT NOTE (lhe "Alllendlllerll") is IlIlIde liS ul hili,' ,Ii.. 19'H, hy IIn,1
belwe':1I AUTOIIAIIS IIAltlllSUlIlUO, INC, (lhe "lI"I'II)Wel") IIn,II'NC lIANI", NATIONAl. ASSOCIATION
((he "1lIlnk "),
WITNI'SSI' n I'
WIIHlI'.AS, lIuII"wer hilS execnled "'Ill "divele,ll<) Ihe 111111. II (klllel Invelll'''y !.ine III ('Ie,lil N,,'e
.I,"ed l>ecelllhel 1'1, 1')'1.1 in Ihe urigllllll prllldplll 1II1"""" ul TWO MII.1.I0N 1'01111 IlIlNllIlI'1l I'II'T\'
TIIOllSANI> I JOI.I.A1lS ($l,4~O,OIX)) nhe "N"le") l"II'UIIIIlI<) IIn,"lel Inveln,ny l""nll/1l1 Sellnlly Agreelllelll
d,llclllll'u!IIlhcf PI, 191).t (lhe ~^v,rccl1lcnt") hi cvidCI\l'1' IhnrllWl'r'~ lI11khh.'llncs!i h) IIII..' Balik fllr IIl:cl1l1inllHlfl
((he "1>lIln");
Wlll'lll'AS, lIu",)wer und 1I"'lk deslle 1<) illlle,,,llhe N"le ""d Ihe Ag,eelllenla., Inuvlded I"r hcluw;
NOW, 1'1 IEll E1'OIlE, Incullslderllll.n\llllhe IIIUII/III "lVellllll" herdllc'"llllllled IIl1d inlendlng 1<) he legally
hl)UI\t1 her-ell)', till' pallics hcrelo ngrcl' as hllhlWS:
I, The Nule 111,,1 Agreelllenl lire IIlllended as W lunh III Exhlhll A IIlIache.1 herel<) lInlllllllde it plln
here"r. Any IInd 1111 referellces 10 Ihe NOle or Ihe Agrcelllenllnany d""nnenl, IIISlrnlllenlor cenllic.le evidencing,
securlllg or olherwl,e dcllverelllncollnecllon wilh Ihe I..olln shall be deellled 1<) reler lu Ihe N"le nnd Ihe Agreelllenl
iL' IIl11elllled herehy. AllY 1Illtlally CapllitH/.cd tetlllS u,,,d III Ihls Alllel"llIIelll wllh,'In ,Idilllllon sh.1I have Ihe
meanings u!)sip,lIl',t III those tcnlls in the Note or the Agreeltlellt.
1, This Alllendlllenlls lIeellled IllcorporalCd 1111<) lhe Nole antllhe Agreelllel1l, To the eXlenllhalany
lerlllllr ptllvlslon of Ih!s Alllenlllllenll, or may he deemell expressly IIl'Ollslstelll wllh Ilny term or provision Illlhe
Note Ilr Ihe Agreelllel1l, Ihe lerms anll provisions hereof shall COIIlt"1.
3, The 1I0l/ower herehy represenls alld warralllS Ihal (aJ all of lIS represenlallons Wid wllIrwllles in
Ihe Agreemelllare 1l1Je and correct. (h) no defauh or Evenl of Default exlslS under Ihe Nole or Ihe Agreemenl. and
(c) Ihls Amendlllelll hIlS been duly aUlhoriu:d, ...culed WId delivered and conSlllules Ihe legal, valid WId binding
obllg'llon of Ihe lI"rlllwer. enforcellhle in accordance with lIS lellll>.
4, The lI'mower hereby confirm51hal any coll:llelllllor Ihe loan, Inclulllng bUI not IImiled 10 liens,
,ecurllY Intere"', mortgages, and pletlge, grallled by lhe Borrower or lhlrd panics (ilappllcnble), shall continue
onllllpalrcll and In filII fOlle alld effect.
5, This Amendmenlmay be signed In w'y numher 0ICmllllel]>:1I1 copies anll by lhe parties herelo 'HI
separale coUnle~lI"IS, hUI all such copies shall conslllule one alld Ihe same ""Inllllellt.
(" This Amendmelll will be binding upollllnd IlIure 1<1 Ihe hellefu "flhe 1I0rl<)wer wllllhe lIank and
their rcspcctivc heirs, executors, administrators, successors :lI1d assigns.
7, Excl'pt as mnclHlcd herehy I the terms and pruvisiolls of the Note and the Agreement remain
unchanged and in full f.",e \lnd effect. Except as expressly prllvided herelll Ihls Amendmelll shall 1101 constltule
:11I 3mcndmctll, waivcr. consent ()r rcll'a~c with respect to :Iny provhiol\ of the Note or the Agreement, a waiver
of any dcfallh Of EVl'nl of Default thereunder I ur a waiver or rckasc.' of allY of rhe Bank's rivhls alld remedies (all
of v.hidl ;HC lu!rchy reserved). The IhJrrowcr expressly rillillc.'s anti (lHlfiIIllS Ihe confession of judl~cl11cnl lllld
wiliwr of jUIY lrialllrnvhitlll.
PlH('J})SLJHI': J'l)J{ ('(}l'WFsSJl)/'J OF )lI)lqMI~/'IT
UII.lculgll",I: AUTOIlAlIS IIAlUtlSIIlJltli, IN(',
'11~1l l'hlllllh"" 1111111<111"
Ihrrl.hlll", PA 1'/111
I.ellder: PNC Ihllk, 1'11111<111111 A.hllclllllllll
4242 ('111'11.," Pike
CIIIIII' 11111. PA 111111
'nlC Ulldenlgll"d llld "~e""e, IIl1d/<l' I. "~"CIlIIII~, 'Ill Ikc"lIIh"r II), 11)').1, Ih" fllllllwlllg dll<IIIII""I(.) IIlIder which Ihe
Ulldel'ilglled Is IlhIiV,III"d III I el"'Y 11I,,"k. 1<1 1-"lIdcr:
I, Delller IlIvell"IIY IIlId SI'''IIIIY A~I'"elllelll ill Ihe "rlylllllllllll<llllll III SS'l,4 ~Il,(~~)
2, Delller IlIvellhllY 1.111" <II nellll NIl(e IlIlh" 'llIYIIIIIIIIIII"UIIIl)r S2"I~Il,I~~)
), Dealer hlVCllhllY IIl1d S"clIl'hy Agr"elllelllIII Ihe orlgillal1I11111UIIIIII SHI~),(XX)
4, D"lIlel' hlVCllhllY Lllle 1)1 Clellll Nl)le illlhe l)t1gllllllllllll)UlIll)f $HI~),IX~)
A, TilE UNllEllSIONEIl ACKNOWl.EllliES ANll A<illU,S TIIAT TilE AIlOVE IH)CUMENTS CONTAIN
PROVISIONS UNllEll WIIICII l.ENIll'.l1 MAY I'NTHl JUD<iMENT BY CONFESSION ACIAINST TilE
UNDI;llSIGNEll, BEING HIl.LY AWAllE 01' ITS IUlillTS TO PRIOIl NOTICE AND A IWAlllNG ON TilE
VALll>\'fY 01' ANY JUDllMENT Oil OTIlEll Cl.AIMS TIlAT MA Y W ASSl'llTED NIAINST IT IlY l.ENDEll
IlEllEUNlJElllIEFOllE JUDGMENT IS ENTERl'lI, TilE UNDEllSIGNEllllEllEIIY FIlEEl.Y, KNOWINGl.Y AND
INTELLlGENTl.Y WAIVES TilESI'. IllGIITS AND EXPllESSI.Y NillEES ANIl CONSENTS TO l.ENOEll'S
ENTElllNG JUllGMENT AGAINST IT BY CONI'l'.SSION PUllSUANT TO TilE TEllMS TIlEllEO!',
II, TilE UNDERSIGNED ALSO ACKNOWI,ED<iES AND AGllEESTlIATTllEABOVE DOCUMENTS CONTAIN
PROVISIONS UNOEll WIIICIIl.ENDEIl MAY, AI;THl ENTllY OF JUIlOMENT AND WITIlOUT I' IT II Ell NOTICE
OR A IIEAIlING, FOIlECLOSE UPON. A'ITACII, LEVY OR OTlIEIlWISE SEIZE PllOPERTY OF TIlE
UNDEIlSIGNED IN FUl.L Oil PAllTlAI.PA YMENT OF TIlE llIDGMENT, BEINO l'UU.Y A WAllE OF ITS RIGIITS
AFTER JUDGMENT IS ENTEllED (INCLUllINCI '1'111' IUGIIT TO MOVE TO OPEN Oil STIlIKE TilE JUDGMENT),
TIn; UNDERSIGNE') IIEREIlY FllEEl.Y, KNOWINGLY AND INTELLIGENTLY WAIVES TIIESE ItlGIITS AND
EXPRESSLY AGREES AND CONSENTS TO \.ENDEIl'S TAKING SUCII ACTIONS AS MAY liE PERMITTED
UNDER APPLICABLE STATE AND FEnEllA\. LAW WITlIOUT PlllOll NOTICE TO TilE UNnEllSIGNEO,
c, 'nle ullderslgned certllies Ihal II represenlalive of Ihe Ixnder specifically called Ih" confession of judg"men(
provisions Inlhe above documents 10 Ihe alieni Ion of Ihe unllerslgned, lind/or (hallhe underslgn"1I was represented hy legal
counsel In conncc(lolI wllh (he IIhove docllmenls,
D, 11le underhigned hereby certifies: Ihallls Ilnnllallncome e~ceells $IIl,(XIO; Ihal all rekrences (0 "Ihe undersigned"
above refer (0 all persons nnd enlhles signing helow; IIn" Ihllllhe undersigned r"celved II copy hereof IIllhe lime of signing,
AUTOIIAlJS lIAlllllSIlLJIlG, I C. (SEAl.)
1l~4 ~W'-
Prilll Nllme:&fL/#LL ._~0f1.!lt.1(._
Title: 'o,2eJ/&..1f Z
__._l~_______..____ ------.-...-~-.--.._-----
.'
rAULllJ1J'..n.m:Djtilj~
I'arallraph'
I
2
1
1.01111 1.111I11, r~,,"~ 1I11lll1~l'of i',."w.I"
IlullIllIlIl Nole.....
I'ltlnlldll~ relll1~....
i'IIYllIelllof 1111~r~~IIIII" q'h~! ^lIIoUllli lluu,.........
II~pll~lIIelll r~'I1I~...."",...,....,,.. .................".."
ClIIIIII of ~~enrIlY hll~'~~I........ .. .,.....,.........,.
Clrnlll ^lhlllhll\lll Collnl~",lll! ('ll1l1l1elnl SIIPP'l1t....
^~slglllll~lIl11f TlII~"....."..."..............,......".........,
I'unh~! ^mmll\e~~......",,,........, ,."....,..""..,..,......
'.
5
6
7
H
I)
IQ i'ower or ^"orne~......""... .". "..........,..,,,. ..'
II DI~elllilll~r.. .........."........"."..., ....."..,...."..,,,...........
12 11I"~llIl1il1elllllll1..............",..".. , ....."..."..."..........
Il llepr~~~IIII1II11Il~ 1111" Wllrrll'lIl~i....""...."".."............,
14 COVCllllllli"."""...".".""",.",.",..".,.",.","..."."."."."..."..
15 EVCIII~ llf DefllulI..,,,,,...,..,....,..,,,..,.............,,,,,,,,....,,,,..,,
16 Ilelllcdlei of Ihe Illlnk,,,,,,....,.....,...,,,,,..,..,..,,,,,...,,,,,....,
17 Wnmllllllr ^"011l~Y..""...."...",....",........,""...."''',,.....
18 llllllk 'i 1(lglil~ III l)1~pOillloll or Ihe Collnlurnl....."..,
19 M I scelllllleoll~",.""""""."",....,,,,..,,......,,,,....,,,..,, ".' .."",
EXI;CLJTION ,..,..".." ."".,.... """'" ,...",.,....".".......""".."""".."..........."....'
I;XIlIllIT ^ . FlOII! I'llInllll1g lle"lIe~1 1'01111
t.:XltllllT II . Delller IlIVeI110!~ Lllle or Cr~"11 Nole
EXIlIIIIT C . ^""lIlollnllerllli
EXltlllIl D . ^""1111l11111 Collnlernl
I'nlle
I
I
I
I
2
2
3
3
3
3
3
3
4
4
S
6
6
6
7
8
IW'\IJIlIN\'INI'III1 I.II,\N ,'N" ~H'IIIIII\ ,\1;lnl.MI.NI
I' hi' H,\rnl'I'IIH'tll")
liNe' BAN". N^lI11NAI. ASSt)('I^ II()N. il 11111111/1.11 l1illlhllll' 1I~'1II(lnlhlll \\1111 n plan' III hU\llll'!l!lllll'Ull'd III ,IN) l"AI(I,ISII. (Ilk!", ('A'VlP
1t1l,1., I'A 1'/1)111'1" "1I11l1h"), ",,,I A'III1I1A'IS IIAIWISIII/IUi, IN" "I'I'NNSVI.VANIA 1'l1l1l")\lATIIIN, "Ii,,,,, 1"",dl'"II'III,e ",.
b"'llIe"" ~ I III <'IIAMIII-IIS 1111,1. II0AI), IIAllIlISIII!I" i, I'A 11I11IIlie "lie""',"), lillell,I"'I' '" he 1"I'"l1y h"",,d, he",It} "l"ee '" ",.,1",
'1 ,III} "II IH 'FMIIIII, 1'1'11, '" 1,,110\\,
I. I.OAN LIMn. TUIMS, IIILIFlIN'; U:I H'l~, MEIIIII" OF 1l1~III1IlSI':~H:N I AN" 1I~1', Ill' 1'11l1l'1'.EIl~,
lhl' Ulll1~ hl'II'hy ilflll'n hlllla~l' il\.lIlilhk II) tIll' I kakl II lilli' tlll'II'dlllllll' "1,11lL' I)"e. 'I,'dll"l IlIlhl' III illd III IH II prllllll',ll alllomlll)1
SHI)I),llOlI Illl (lh,' "I L1atll 111111"1 1111111 III,,' dall' hl'I!.'..ll!) lhl' l'illlll''1IILllll'llll lllw) ~I\I)' (hOJ IliI)''lILlllnvtlllf! \\111\1.'11 1I1l1ll'L' In Illl' I\llIllI\\L'1 01
tilL' 1l"'lIlIIlillltllll}llhl' LlIll' III I "ll'lht, (h) Jt INI. Ill, IljIJ'I III \11(11 LIll" l!,lll' "'11l111} Ill' l'~ll'rllh'a1 II)' till' 1I11r1~ IIllh '1llk ,wi! ah~lllllh' dl'l(/I.'11t11l
III wdung Illlhl' Ih'Hk" l\/ll:) Ih'll'll'lillIllll l,dlnWltlllllil' n~1 Ulh'lll'l' III all I\l'tll ill 1111 I)dlllllll\lldll',ulll'''-I dall' hl'llll', II.'tl'IIl'd ILl Ill.'ll'lll 11\
Ihe: "leflllltlilIIlHll)llll"'1 Slll1ll'd Itlllll~ Il'rlll'l Ulld lontllllllrl" IIl'fl'or, lilt' I\llllh 'lhallll\il~l'ltiJlll IllIIl' ILl I I III I! IlIml'! h) III Iltl hl'/I,lIloltll~ I)l.'lttc:,
(Ihe "!.nilll'l"l In 1111 nJll!Jl'IHlIl' 11l1l,}I1111 1111111) l,').n'l'd lill' I n,11l l.illlll 'l,)ldy III lilllllh:r: Ihl.' pllfdl11\1.' III nl'~~ III l/'1l'd 1Il1llnl vdlldn IlL:I;CI'I"hk
10 Ihl.' 1Il1/1h ("111.'11I'l"I hLlIll 1I111l1Uljll'lll'I'I\, dl'lllllllllnl'l, III Illhl.'l '1llpplll'l!'Ilhl"l'ollln:l.'pltlhle hi I hI.' Hllnh 11111.' "Supplll'I'l") 1111 !'Iii I I.' 1)1 h.>11~1.' in
Ihe llrtlll1ll1)' (lHIISI.' III I hI.' Ikllh..'l\ hll'lII1I.''1'1 'j ill' lIallh, h'I\H'\l'l, liLllll IIl11l' II) 111ll1.'. III i1\ SIIIl' lh'll;rl.'liilll, III,'} I ill'll' Ihl' I.llilll 1111111 If'ltu.:h
IIn IIl(ll'a'll.' In Ilu.' I.oiln l.imil "il~ lint Il.'qlll''1ll',j by lilt' lh';ttl'f, 111l,'I\,lI'~ 'lllillll',l\e 1I01i(1.' l\rlhc Il.'vl'Il.'d I.olln 1,11111111\ IIII.' Ih';lh...r
'Jill' I'all~, In II'! !'I'111.' 111!'l(fl.'llllll lItlhl.' Il'II"I.''lllJlllll' I h'ilkl, Illil) PII)\'ldl.' a 11.'111.'1 llf I.:ll'l!1I Of 11thI.'I "'lIllal1ll.' lillillll'ial allllllgl.'/Ill'Il1 for
lIdVllll(lIlg 11111111.')' h) II SlIpplll'r 11" Ill'IIlS b)' Pil}'llll.'lll III tll,lll... Ilr olhi.'IWISl' UI "Ilraliing !.CIIC''') All)' pil)'1I11'1I1 Illillll.' by IIII.' lJanh It) Ihe
SUflfllil'r IlIlder II Illllllinl', Il'lIl'r 'Il1all he 1I1'f1h:d liS a lililll illld Ihc Dcaler I1l'rl'hy tlI!JCl'$ It) 'Cpll)' Ihl.' BIIII~ Illr !ill\.'1I lhlllh a'l PIO\'ldI'J hl'rein.
Nlltwith~landlllg illl)'lhing 10 Ihl' cllllltllr)' herein, 1111.' llarlh Il''1l't\'l''l111l' Ilghlltl Il'lllllllilll.' Ihe Une ofC'l'dll lInd/oll'~CIl:I'I1' II', Ilghb IlIldcr un)'
nmnin~ 1.1,'11('1" Illll.'lI11inillC Ihc IIilllh '!'l ohllgallllll!'l untll'l 'llldl I )WnillV 1.1.'1ll'l, If Ihl.' Hall~ hll\ feccIvl.'d drnlh Ullll/Of Il.'qllt..'!'Ih 11\1 ihlvances in
exces'l C.\t.'I.'!'I'I Ill' Ihe l.oall Limil
!'rllH II) Ihe Tl'rllllnalillll Ilall' lInd ~l) IlllI'~ a'l 1111 1'\,CIlI tlf Ildilllll 1IiI!'I Illl'ulIl.'d, nil)' AUlhl)fl/l'd Pl~ISilll 1ll1I)' Il'qtll.'SI 1I Loan IHI on)'
BIJslnl.'ss ()il)'. Ir sllch Il.'lp/l.''I1 I!) madc hy Il'Il'ph,ltlc, Iht..' fl'qlll.''il !'Illall llIll1ll'dialdy hc l..'lll1lirmell in Wfltltl~, hUllhc Ball~ rnll~ let)' Oil un)'
Irlephnnic rl'qlJesl purportedly Illildl.' hy 1111 AtllhOli/l'd Pl'r\tlll 1-"01 fllJlfl')'Il''l hl.'ll.'ol, "AuIIHlrill~d Pl"~llll" :-.hilllllll.'lIl1 any !ll'l..,lll1lll'..,igIHllcllby
Ihe DenIer plJlStlllnltn n ~crtilka(e Ill" llulhorl/llliOIl prnvhll'lllll Ihl.' 1I11tl~ liolll lil1ll' II) tlllll.' in form alltl511b~tllnce salislildlll)' III Ihe Bank. AllY
writtell rcqul.'sl (Including clllllirmillionof 1I11111al 'l.'qUl''!l) lilt 1I1.1111llllllldl.' by IIn Aulhtlri/cd Person IlIU!'It (i) sped!")' the alllounl nflhe l.oan,
(iI) include /I ltescriplioll of the IICIIIS heil1l~ pledgcd hl 'Il.'l'llrl' Ihl.' Loan pursulIlll II) II ,..Ium PI'lllni,lg I~equl'sl Furl11 !'IuhsllIlllially illlhe form
of Exhlhll "A" Alli1ched hereto, And (Iii) be ncclll1111itllled, III till,' Ball~'s rClluest, by Ihe Supplier's invoice or bill of sale or l)ther ndequBle
dllCUl11cllttllhm, EACh I.onn shAll be disbursed hy Crl'tlililll~ 11l1' Ilelllcr's demand deposit Rccount llIaintained Ilt IIII,' Blink, or by paying drnfb
of B SlIpplier properly prose III ell '" ,he IIl1l1h.
2, NOTE.
The DeGler agrees hl execule and deliver II) the H;mk n Note, for Ihe slaled 1I1ll0UIH of the l.oan Limit, ill the form 1lltlIChed herelo os
Exhihh "IV' (the "Nole") nnd, At Ihe Bank's request, 10 executc IJmn limc tn timc R suhtitute NOlI,' ItS the Unnk Illay desire 10 evidence all)'
increAse in Ihe LaunUmil. The Itctual AI110llnt dlle the nnnk herellnder, evcn if SLJch Amount exceeds (he princlplIl "mounl of snld Nalc, shall
be the nmOlll\1 shown on lhe Bonk's hooks nnd records (such hlHl~S nnd records sllllll he referred to herein us the "Lonn ^ccmHlt"). The Uonk
shnll from time 10 time deliver to Ihe Delller A stnlemcnt of nIl illllounls due Ihe Bank hereunder, which statement 5111111 hI.' deemed conclusive
evidence or the actual nmounls due, unless Ihe Denier lIolilics the Hrlllh in writing to the cuntrllry within len (10) dllYS or receipl of such
statcmenl.
J, AlllllTlONAI. TimMS,
The percenluge of the 11lJrdlilse price f)f any Il....m whkh Ihe Hilllh ilgrees In linance pUrSUitllllO Ihis Agleelllenl (Ihe 'Tillitlll:llIg 'I ell\\5")
is the nnwunl scl forth UIl lhe ~chcdllle of Addllillllal Terms allilchl.'d hr:rehl .tS Lxhibil "C". The Bank ilia)' lit nny lime, III lIS Sllle ducrelioll,
chAnge Ihe Addltionnl Terms, including bUI nlll Iimiled 10 Ihl.' Financin~', Terms, hy delivering 10 the [killer Il revised :-jchedlJle 01 Addilionnl
Terms, which Schedule, liS now exlstin~ nnd as herl'ann Il.'vi'll'd, is 1I1(Orpnraletl hy reference herein.
4, I'AI'MENT 01' INTEIU:ST ANIl OTlIEll AMOIIN'IS IlIlL
The Dealer shall p;'Iy illlerest nn Ihe i1ggrel',ale illIInunl of I.llan'i l)IJl'llilllding hl.'relllHlcr nt the per III1I1UII\ fllle (11ll' "l.llan Hale") I.'llUal
to I.()cl% nhovc Ihc Ibnk's prime rale of illlert'sl (11)(' "111i1ll1.' gall''') whi(11 rail' '1hallchange cllcclivc UPOllllllY changl' ill slll'h 11'lmc I~alc from
11I1\l'llllillll', \\lIhlllll /lnlln' 1I11.\h' 11101111"1'11\ 1111' H.IIl~ 1111111' 1h'.Ih'r Ihl' 1h'.lkl 11Illkl',1,1I1,h 111.111111' 1'111111.' Itlllt' 1,>lIllllll'll hi ilU)' l.\It'lIlitl
11th' 1IIItIh'tl'~1 ill"llllll'\Il1111l1'I'l'~~lIl1h II'P/l",I'IIIII11' IH\\I....II.11l' 11IIIlII'Il'\j Illkll'.! h~ Illl'II,luh hI .111) 1),1111'-111,11 llil"'~ III lilll'PIlI) 1IIIIl\Il)IllI.'I~
11I1l'IL'P-llllhilll hi' 1'>11(1111111'11 IIl'll'lIndl'l I'll 1111' iP,lllillllllllllh'l lllllil)\ 111,11 Ihl' lllln~lfl,d I'> Illll,.lilll,llllP, 11I1'l1'1111II II ~l'ill III IfJl1 tl,I)~. llllh'...t.
IIlhl'I\\I~" \lll'fllil'lllll \\1111111' 10Il'II....1 ..1I.dll\l,' .IIii' illld p,I~'lhk II' 11111\1' 1.1...1 dd\ 1111',1111 111.)11111 111111111' Ihl' 11'1111 hl'lnll1l1111l11l1' 111.11I'" IIII.'
11/1Il1111 IIII/uool '.hilll hi' bllkll III .11Illlll,IIlII' \\1111 Ihl' Ilillll, ',> ',t.llld.nd 111111111' 1',1111'\
1111111\\11111 lhl' 11I'(IIIIl'lll-l' III illl 1'\1'111 1111h'1.1I111 111'11'1111111'1, 111ICII',I.III Illl' illlllllltll', 11I11\lill1.lllIll, .../HIIIIIII..IUI..' lllll\l' 111'1 illllHIIlll,lll..'
e11U111 hi '111\, ill1ll\I' III,' IllllIl Itlth.' ("llL'IIIIIII Itull''')
1111111.' L'\Il'f1lll1nl 1111)' IHI)'fI\l'1I1 III pllllt:1l1i11. 11l11'll'~I. Il'I'~, lUII,llfnll'/Ib, III 1111I1,'llImlllllll~ Lllll! IIII' Ihlll~ 11I.'1l!llIukl I~ 11011111111 \\lIl'lIll1ll.'.
Ihl! lI11n~ h 1l1'1l'h)' nlllhllll/c.'lllll l'lkd ~lIdl 11II)llll'lIl h)' Ih'IHIlI1I" 1111) dl'llll~1I i1(l'l1l1l1l Illlhl' Ikill....' IIHtllllnllll!11 Wlllllhe IhUl~ 111I'III~Illlll
lll'llililllt 11l'l'llllllt... 1lllhl' I h'lIkl I" 11I1\lhlltlllllln UII)' Ilphllll ~1'1."IIIII'lllllkd till' l\illl~ IIl'll.'llI1lll'I III II) Ilpl'lIHlllII III lil\\' 'I hI.' I\ullh ~llltlllllllll>,
1111.' Ih'.lkr, 11\ "'11111 il" PIlIll!Ulllk 111111 "'ll~1I .klllltlll' 1111... 1I11111ll'.1
~, 111-1'.\ \ MIl" I 11.IlMS.
IJllll,...... IlIl' Biltl~ ,1,'Il'I..''> III \\llIllljl \\111I1I1l' Ill:illl'l III ,11h'1,1~I'd 'l'IlfL'IlII'nl 1111111'111111.'. 1111' 1IIIIIdll1l1lUlI111I1I1 111'1111' 1.1)1111 IIHllh' III
trrl'l'lllll' IlllldlU"l'llllll1 Ill'lII ..hlllllh' 1l'1I111111111111l'llInh'b "111/11 lilt' \lIlt', IIL'lhH\' III' l'III1\1'I',I&IIII'I' "111.'11 Ih'lI1. IlIdlldlll~, 1I ..nil', dl'll\l't~
1)1 (1II1Vl't~ltln Inl \\/Lhh IlIl' 1)l',1I1'lll.II.I\I....II....\ Il1illlllll' pHllllp,1I ,lllllI1lt1Inllll....111.1I1 1111' lh'alL'I ..lIall/l'lllfll" Ihl' I\illlh hll "1'11111,\111111
ll!!alll'lllhl' \'1).111\ aUIHll(l'l'lh Illltl.,III;llkl' II'n'I\'l'.! 1I11l11l1hl' I'l\\, 1\,11I1,IJ'I' ill Ik...\IIH 11111101 ,IllY Ill'lll l JllIBl IIII' 10,,\, Ililllllll'_L' III dL'..ItLldlllll
of 1111)' Itcm, IlIl' I h',lll'l ...halluhll I'a)' III Ihl' UIIIl" Illc Il'lllillllltll' Ilflllllpill illllllllllllllllll' 1110111 alll'r uj)pllt..'i1lltlll IIllhl! lll(jl.:l'cd~ 1)1 ImlJ/illlU'
rel:cived h)' IhL' Uilll~ lllllddlllllll h) 1111' r1'pII)'II11'1\1 PIlI\'I'thlll" ~l'llllllh I1l'll'llI. Ih.... Uilllh llIay Il''lUlle lilllll lilliI.' hI Will' cUlIlIlIlIlellh a.. ~1'1 !illlh
UIl the St:!u,'dllll' Ilf ^lldIOl/l\lll "l'L'IIII'I
(" lillMn OF SF< '11 lilT\' 11"1'l-:11I51.
A~ \l'(tIIll) lill Ill... prlllllpl allll PIllll'ILlal PU)'llIl'llt llnd IIl.thlllllillll'l' 1I1 ;lIlllhhpall'Hl\ Ill' Ihl~ 1ll'i1ll'r Ilr IIn)' tJ,Ullllllllor hi IIII' HlIll".
\\'hell1cr nr Illlll'\'idl'lh'I'11 hl'll'h)', IIldlllllllj!, 11lItllL)llinl~ll'IIIl), p;j~tlH'nl Ilf till' 1I11111llllllHlhtillldlllj', 1I~ relh:t.:led IlIthl' L(HIIl ^C(LlllIIl 111111 llu!
pe,f"""III1'e h) ,he Ilcill', <II illl 01 l)ea!<'I" "hl'l'ali'III' lIS ,,' ,,"lit h""'11I 1111"1<11 '" illlS IIl1d all do",,"elllS IIlId 11I,lrulllelll, eXClllled <lr
ddlvclctllll Ihl.' HUll". undllll' (111IIf1ll'tl' ~lItt'lladIIHl ur nil C\I~lIIl1', ;lnd t'ulll/l" lIIl1lJ'.aIl111l" III IIlL' I Jl'ltll'f lIr nil)' gutlfllllhlf It} IIII.' Bun" of 111\)'
IUlture whal!lllc\'l'r. whclhl'r lIlaturcd III UIIIlHlhIlCII, 1111"11Iull: Ilt I'llnllll!-,l'lIl, lllll'l'I III IIIdlll'd, ~lt1Ic, joillt 01 sc:verol. and 1I1l)' e~tell5llll\!),
llItldllknlitlns llr rCIIl'wllls thl'lCtlf, l'lI:llIdjll~" hili 11111 III'I~tl't1I(I, allot till' l'lIl1h '!"> 1'\lIl'lI\l':' IIKlUfl'tl In CIHllIl't.:tillll with lhe collecllllll (lnd
pe,f<lllllnll,e <Illhe "hhVall<lIl' Ill' III< 1h'lIkl IIlId IIII) v"a,all"", ,h,' Ilallh" ,ea,,""lh" '"""l1el." fcc, nn" the Co,l, of curing III1Y ddllull
hcrl'lllltl~r whkh llll' IIlltl~ l'Il'(I\I.) (llIl', 1111 tll \\hid1lhl' I knll'l h':ll'h~ il!'ll'I'~ III pil~ {('llll'dl\'dy, till' "Unn~ IIJt!d)\l'dHl'~!)"), the Dl!ull't hl'll'hy
grllnls Rnd (UI1\'l')'S ILl IIII,' I\iln~ II (1lIlIinuinv.ltl'll t1plltllltld M'(tllll~ ltlll'II'~1 in nl\l)1" IIII'I hoakl '., propcrty dcsl'fihl'tI hdllW, whel1lcr IIllW owned
or h....'l'llllcr ll(IIUill'd
(0) An)' IlI:W or IIwd IlI~Jhl/ \'L'lIkll's hl'ld liS illVl'tlIIHY, \~llldl is tlwlll'll III pll....l'"OWtl hy the I>l'alcr, including I,ll tltl1g.iblc pl'r~lIIHII
ptllpCl1)' hl'ld h)' Ihl' Iknler fl)r snll' or Icll~e llr III hI,' ftlllllshl!at Ulltil'I (IHlllact~ llf f,ervk(, tan~Jhk perstJnal propel1)' which
Ihl' l)elller hilS !ill !ellSI'd tlr furnished, tl1llgibll' pl'rsot1i11 propl'I1y hclt! by ill hers for sntc 011 'tJlIsi~lIl1\enl ror the Dealer,
Illllg~hh.' pl'rsllIHlI properl)' sold by the lknlt'r nil ~l Mill' or rl'lUrn hllSis, Illl\V.ihlc personAl property returned 10 the Oelller or
repossl'!ised hy lhe Ikaler followln~ n !\ul....lhcrcof by Ihl' Denier :lIlal tangihle personul property represented by 0 UoculI1cnt
n( Tith,', includlnB, bUI 1I0t IImltcd W, 111/ pl1lh Ilnt! a(cesstllic~, h1gr:lher with nil mllterlnls, ,hldlllollS, equipmcllt und
nccr~ssions, whelher or !lot instolled III, r<<dilled, attlll:hed or addL'd Itl or used In canne-dioll with nny l1Iotor vehicle lInd all
substltullons And exchllnges for And replacements Ihl'rellr ("IIlVCllhH)''')~
(b) Accounts, ChAttel PIII,er, nUCIIllIenls of T~llcl (jclleral IntRngibles Ilnd InslnJments Rlld all obligAtions of sureties And
gunrAlltors held hy the Denll.!r ror the I'Aymell1 nnd slltlsfnctlon or IIle rore~oing;
(c) Equipment. il1c1l1dilll~ hut not limited (0 nny compAny-owned 1ll0ltlr \ldlkll's uscd in thl! (killer'!) husiness, Bnd furniture,
whl'lhcr or lIot such Fllulpl11Cnl lint! fmnilurc is del'lIIed 10 he Fi).tllll'~~
(d) ConlrnCIS of !ellse, snle, rl!lltnlllr olher d~~IlCl''oillnll of InVl'lIttJry i/1 whkll Ihl' lJl'n\l'r has nn inlerest;
(e) Booh IIl1d Hecords;
(f) Iti~hls In CIlIllll'ctltlll willi Ihe reshlunl value or any of IIII,' l)l'lI!l'r'~ Invenlor)' !l'n~e,I, rented, sold or otherwise dlspusl'd of,
illl:luditll~ hUlllllllilllltl'd Itllhl' pllKel'lh tlr ;1II)' tllllll patty'~ LlplllHltll putdlll'il' all)' portllllllJ!" the Dealer's Invcnltlfy,
(g) BlIIlInce~ Oil deposil ",illl or hel,llllllll)' ('opadl)' hy Illc Bun" al all)' lillll~ illld allY olher pmpert)' of all)' nnlure of the Ill'aler
whkh Ihe BlIItk mil)' Ilt lIllY Ilmc Imvc in its plls~c!i~illn whl'll'v'~t Itlcall'd, I\t)\ll or herenller IIC{luired,
(h) ^II inSlIrill1Cl' on lint! all prllceed~ ilr Ihl' items tnl'l1linllclt in paragraph... (Il) thn11l~h <v,) nbllve.
All CllpillllilCtlll'll11S u"l't1 hl'rl'in 11Ilt! defincd in the IJniftllll\ ('tlllllllcr(ial ('lHIt' ("lJ('(''') ~hltll hnve the meanings v.ivcn them ill 1111'
UC(', For pUqhhcs Ill' thh AI'.rC"lIIl'lll. Ihe 11'111I "pttKel'd~" ~hall havl' Ihl' 1ll1'i1llill!', pI\l'lI It ill Ihl' lJce 1I1l11 \hl\lI additionally illt.:ludc, hulllOI
he limited Ii). whatever i'i rl'(l'lved Ilptlll the lISl', Icasl', ~ale, ,'\dlillll!e. (ollc(lillll III tllhl'r lllili/alillll or nllY disposllion of nny tlf (hc llems
nH~nlllltllll paraluapll.. (a) Ihrllllf!Jlll') [Ihovt', wlWllll'r cH!'.h or 1111IKiI"oh
In atldilllltl, Ih.... Ikakr hl'rl'll)' itlt.vncnhly I1ssll'lI~ 11I1lll.' Ball\.. nil Ill' il"o riplil\ III ...loppal'e in lfiln..il with respecl hi IIny Itl'lI1 stlhi on
(rl't\lt hI any ACl:llllllllkbl'H, \~hi(h tl!lht... ...11:111111' !,iltamtllllll \111111' Ih'akr'.. 11,'111',
"Jl
7, (ill,INTOI' ,\,111I1 III1N ,I I. ('OI.IAIFIIAI. IIIl HNAN( '1.11. SIII'I'IIII'.
III ntldllhlll hI I hI.' want ",Ihl' "1.'1-11l11~ 11111'11''111111111.' (1111.11l'1i1l11..II'1111I IlilH1lfl,lph /I hl'll.'III, 1111' Ik.III'1 fllllllll"Il"II!l' III IIII' U,lIlh. II"
lica:lltll)' hlf 1111'1111111-. Indchtl.'dlll",'1 !lny III nil ulllll' ,,,IIQ'\1111" 11', IIldllilll'lllIll I \1111111 "1)" Ullill hL'd IIL'II'1l1
I hI.' HUIIl-. ''I rllthl 11111111111111' pllJlwlI)' dl''1~',ihl'd III p,tt,ll'llIph'l II IIl1d 1 h"II'lIl (l.lIl!l'lll\'l'I~, "( 'tlll,\II'llI\") 'lllillllli.' Illdqll'lIlklll 0' illl)'
righlllf ..,'I'L1l1nl IIl'lilkllllLlII Ihallh,' ILIIlh. IIlil}' 1 iii ,," III ilullllll' IHllll'l Pilllll'Hlph III 1I"h'ldlll nlhl'rWI'I'
H, ASsll;NMHIl IIFIII U.
The OrBltr lIdIIIlIWh.'III'e'llhllllllll'llllllt'~ l'lI~h Ih.'11I liulIllL"l.'lllJy Ihl' Illlllj.. tlllhll.'d 1)111)' hI Ille Bllllj..\ IIc/llIlul hl'~ullt) IIlh.'IL'..llh~lcln
Tilt nCIllc, hCIl.'hy ilrc,'VlIl'lIhly IIl1lhlllllL'S 11ll' SlIl'plkl or lIn) 111.'111 II) dl'll\lcr hllhL' Bllllk, IIp'Jllthc BUllh.'s wllllell II.'IUl'lil, (I) il ('l'ltlfiL'lIlC III'
O,lgill, (Ii) II ('cltilknll' Ill' lllll.' II' (Iii) IIll1et I.'vhll'lll't.' 1)1l)\~'IlI'If'lhip cVhll.'ndlllt II lir~1 pl'lll.'dell SCt;lIll1)' IlIlcrl.'~t III IU\'III III thc B'Ul~ ill, III
lIfuml;umhl'rL'lllilk Itl, l.'ila:h Ill'lll ltlld 1111 olher dlJUlIlll'llh llnd a:1'rlllknIL'~ lleL:eSMII)' hI L'\'hkIlL'L' Ihc sallll'
9, HIIIIIIEII ASsIIIIANn:S,
AllhL' I 1.'11 Ill.' 'It Ill' I Ill' Hilnh.. lite I "',III'r Wtlll'~l'~llll' illl~' illlal1111 linatl....lllp '1lillt:I111'llh. L'Lll1l1l1tl,IIlIHl '11,lll'lIIt.'IIh, 1I1ll1'IIdlllt.'IlIS, 1I"~ll!llIlll'lIb
dlllJ nllll" 1i11ll11~ Itl he.! llIild... III 11'I'llId 11I1I..llillll III Illl' l!('(' III 1)1111.'1 1111(Utlll'lIl'1 III 111'lll'l'l III 1'11111111111' IIII' '11'1,;11111) Inh.'ll''lI'l prUIIII'd 11I.'ll.'h) III
form snll'lli\l'ltll)' hi 11I1' Batl~ IIl1d WllI'liI) 1IIl' 1'11'11 III iiI Ill!' nt ll'l.'llltllllll III..., "'II III I' III all pllhh.... i1l1it'L''1 ,~I1...'rl..'\l'l tilln!! (II IL'Lll/dlllj! I... dl't.'lIIl!d
hy lIlt.' BallI. ILl he.! 11I'1:1.''1''1011)' III dl'''IlIahll'
!'ownl 01' ArlOIINL\'
'I hI.' I)clIltr hl.'ll.'h)' IIIl.'Vll(i1hk IIpp11l1l1"l till)'
wilh pll\\1'1
III)
III,
L.'lIlphl)I'l!, lIltkl'r 0/ n'l,I'rll 'lllhc HIIII\.. lI'1thl' Iknlcl'~ IIUC nlld 11IwhllnlhlllleY'ln'IIIt:I,
I'll a:ndllr'll.' Ihl' 11 ,till I.' III till.' Ill'tlkl "1'<)11
(i) An)' NOll', 'll'l'IlIil)' 1IIHI'1'1Il1'1I1. th.(' linlllldnJ', 'llnll'llll'nl 11I111 l'l III II 1111 1111111I Ihl'lCllf, ('crtificlIll'll 1)1' 011 HIli lllltl
('I'IIllknll''l nflilll' IllllllY 11111\111 "I'hide III ulher IHOpl'l1)' l'",idl'II(l'd h)' '1udl a ('cltilh:ule Illld nil)' IIlhcr 11l!lIlUlllcnl
ill t1o....ullIl.'nl fl.'(llllIl'll h)' Bnll"- ILllll'rkd IInd ~llllllrHll' p~"Ir:dlllll 1),-111.... 1I1'rl~ lIlId sl.'t:uril)' Ifllelc~h: glulIll:d ttlllll'
Han\.. h....ll'lllltll.'r or 1111I....'\\'I'Ie III 1'1 1II11 l'dillll \\llh Ihl.' l.'llln;
All>' "lid 1I11olhl.'r notl'll, dll'd'l, drillh, Illil/ll')' I)ldl'l~ or lllht.'l m..lIullll.'nb III pllYlIll.'nt~
IIISlIIIIlll'nls rey,i1rtliny, dispilSllllHlllf 'lule ilf any ('llllall'llIl, \~hidl (l.lI11l'S IlIlll pq~"CSsillll or till' Hun"-; Ilnd
Any a:hea:k which lIIay hr paYlIhle.' h) Ihl' Ikulcr IL) (olll'a:1 ..,,(h Il'ltlllled ill' Ulll'lHIICd prcmiums ur lhc prl)ceeds of
Slh:h inSlltllllcl'. 1\1111 1111)' llllllllllll ~() ("ollelll.'tl 1ll1I)' hI.' lIppllt.'d hy thl' Bml~ hJ\\'tltd snlisfa..:llilll of the Uiln\..
IllikhICdllc'ls.
To sign And 1"'l.ll)r'll' Ihl' nalllc Ilf lhl' I)l.'alcr 1I1hlll any l!talis uII.aimlllll A(a:lIl1l1l !khhllS. lI~si~nmcllls, \iclilknliolls IIl1d
notices in .:tlIl111'dllll1 with A':I;t)UIW, Ulld in\itlkl's. frl.'iJlhl ll,- cXpte.!ss bIlls, hills of Indlng, und !illlmltc l)t wlHchousc receipl!i;
Bnd follIJWIIIJ! Illc t)c.:lHrClIl'l' of nil L\'CIlI "I Default:
(i) It) love wdltcn fltltkes ill I;IHlIlecliiHl wilh Aa:CIHlllh;
(Ii) In Y,IVl' writt~n notices It) oflkcrs lInd oflidals or the lJllitl'd Slalcs l'llSltal ScrviL:e II) l'lrea:t n changc or chlll1ge5 of
ntldrl.'ss ~o thai nil mall nddrl'sscd hI nelller IIUl>, be ddi\'~relt indirl'a:ll)' 10 Ihl' Blink (Ihe Balik wIll return alll1loil
lIot relllll!d Itl Ihe Bank Indl'hlednl.'ss I)r Ihe ('nllntcrtll); und
<III) I" "pen 1111 such m.11.
Granllng unltl said ollorn~)' full pow~r 10 do nil)' Bnd nil thln~s ncc.:cssllr)' III he dime with rc~pc~tlo Ihe nb()\'e llS fully ond effectively U5 the
O..I.r mlghl or could 110 with filII power of ,011"llIlIlon .'\It hereby mllfylllll .nd confirlllin" .11 ii' '.1<1 Illlorncy or II! sub'tllule ,halll.wfuliy
do or cause 10 be dnn~ by vir1U~ hereof, This (low~r of ItIItHncy 5hllll be dcemed hI he I;oupled wilh llll interest IUld irrevocable unllllhe l)onk
Inctehltdnc55 15 paid or performed III full. and shall survive 0111)' dissolulion, II.'n1l1nRlion m liquidatioll III' Ihe DCI\I~r,
<II)
(IIi)
(ly)
(h)
II. IJISCI.AIMEII.
The Bank Bssumes IlO responsihllily fiJr Ihe ~XiSII'IICC, dlllrlll;ler, (1IH,lIIY, qUlIlltll)', I;l1IIdlllon, valul' !.lnll/or deli\'cry of 111I)' IIcl1I, The
Dealer ShAll nol he rdie\'ctlnf ltll)' portion of Ihe Blln~ Indehtedness bCClI115C nfl)' 111'111 fi,ilsltl C(lII11Ir11\ 10thI' Supplier's or Delller's wimolllies,
or becnuse an)' Itern fIlR)' he IllSI, slolcn deslrllyed or dUlllagcd,
12, INIll:MNIFlCATION.
1 h~ I>~aler agrecs 10 c(1I1Ipl)' wilh all i1pplkl1blc Slatl', Fcdl'rlll nnd IllCilllilWS, regUlillllHl" iIIld mdlnalll;cs rc~ulllting IlIc SlIlc of goods
and/or services hy Ihe DenIer, indlldinJ.t ~ale 1lI\ credit. nud lit alllilllcs III cilrry nil its businl'ss III n lawhlllllilllllCt. lhe Dealel' hereby Ilgrees
to Indemnify, d~fe"d Ilnd hold Ihe Bank harmles'i ftOIll IIl1d lIpail1'illllllillhilily lIull dllims 1I'i'll'lled i1)!ilill\llhc Hnnk h)' UI1)' pCI~1lII illl;"llllcctioll
wllh'
(a) nny 'lnlc:, Il.'a~l~, cnfolt:l'lllcnt nr tl~lll'r dl'lpil~ill'lll Ill' iltl)' ('llllalcllll.
(h) any illlcgl'tI \'itllalion of ,HlY I:\w. rl.'~'.lllallllll or nrdlllilllL'C by Ihe l)cah:l;
(I.') lIny pe.'ritllla! injllry alll'gl'" tn hil\'l' bl'cn 'illllt..tl'll hy any (ll'r'illll in L'lum""L'litlll willi illlY ..all'. Il.'i\'il.' , CnIOI(ClIIl'lIl (If 01111'1
di'lpmllllHl III allY ('lIlIilll.'/1I1; nr
(dl all)' 1'1:11I11 hy .IIIY pl'I'1111l ;lIi'1lt11.', tlulllllhl' 1)e,lln''1 hU'lldl 01 wallanly nr LltlllIl' ILl !l1.'rl'HfIl allY 011111' 1 k,lIl..'l \ tlhlwalllln~1
un.t....' .1t1\' ...-nnlf.lt.'l 11'!.;ndIlW Ihe ..ak. k.t...., "1111)111'1111'111 nl di'1pn...illtlll'lI .1Il\ loll.l!I't"l
'I;\L.' Ih'lIh." lilltlu.'1 III'Il'l'~ III Il'jllllllfl',l' Ill,' lIilllh Illl all illh'n'~I, (1"lIlM'1 ll'l'~ iUld lll~h I' ~pl'fllh'd hy IIll' H,lIJ~ III llHllll'llhll1 wllh Ihl'
fill I.'llllllW , IIh:/IIIIIII!,-, hili 11111 llllllll'd Ill, Ihil',I' Ifl. IIl1l'.! III illn h,tllhlllpll'\ III In~'II\I'IIIY ptllll'I'i1I11l','1, UIIL! ilH~ ~ldJ"l"pll'f11 plilll'L'thlll'h IIIIIPPl'ill"
IIIHII III1Y IHIIl" III Illdl'_lIll'llll'lIll'll'd Ihl'll'lll llil~ Ill.kllllllll.,lIll\/l ~I"III \11110-1\'1' 1i'1I11111i111l11l tllIIH~ "I'll'L'llIl'nl
Ij. IH:I'lll':S'-:NTAlIONS ANIl II' AlliCIN III S,
III Jndlln.' Iftt' BlIllh It) l'llll'l llllilllll~ ^,Ql'I'1I11'1l1 ,lilt! ,1~.1 Lllndillllll l"l'IL'lknlln 11ll' 1lI11~1I1i'llll',llll oIl1lll'\l'I) I I hill Ill'll'unLlL'I, 1111.'
1Jt'1I1t'1 hl'lt'hy 11.'I"t'!'Il'IlI~ Ifllll \\lllfllflh Itl Ihl' It.tIlh Ihill
(n) 'Iht' Ih'lIll'l hll'l glllld, fIIllll-.l'lahk nlld Ulddl'il""hk 1I1h' 1111111' t'llIl.lIl',.II, IIl'l' lIod lh'.111I1 illlltl'w, III t'llllflllhlillll:l"l (l'\ll'l"
lill tn.t'~ IWI illlil-lillllllll nlllll,..ll'llllIllllllllljtllll, Ittl \\hlt"lludt'qlllllt' 11.'~t'I\'I.'~ hu\'l' lIl'tll ~l'llI!'lldt' IIl1d Ihl' IIilll""/'llll'll\ ,II hi
~t'(IIIIIY llllt."t'~h Ihl.'rl'lIQ All ('llalll.'! l'upl'l illld All"iJlllllh IIldlllkllltl Iht' ('nllllll'liillllll"'l' 1/1 11\l' IlItlllllll)' lltlll...l' III lilt.'
Ikllll'I'~ hlJsil1t'~s 11111' jlll' flnl hllhlt'd hI IIny ddl'lI!\l', wl.olllll l"llIlnll',L'lililll
(h) I hI..' 1)1.'1111.'1 is tlllly lIIt1l1l11/l'd, \'lIl1dly l'\l~llll" ,llId In I'IlIIL! ~Iiltldlll", IJI\lkl Illl'llI\~~ III lilt' '11,lll' llllh 11I1!il1l1/llIlllfl, IIiI' 1111:
I'll \\'t' I 11l1llulIlhlllll) In 1I11lh' and IWIll!ltlJ 11m AJ'IL't.tlll'lll, ulld l!l 1IIIIy IPllllll"ll'd III ~111 pll'l~llIlIltlll'" III \\llIdl II (1IUtlll(" II...
1111'" I Ill'''''' III \~h~'ll' 'll/l"h 'lll,lIllil"illldn .... Il''1l1l1l'd
h':) Ih~' l'~l'(UIILlfl, dcll\l'I~ alld Pl'Ihlllllallll' .11 11m ^ph'l'lIll't1I, and Ihl' l....L'~llIlqll ilud all'lI\I:I) Iii IILI' t'\IIIl' fllld flll,tllll'/
tl<lUlllll'tll'l Il'ljlllll.'d hl"l'lllltk, h,I\I' I1t'L'Il dllh .1l1l1l'IH/l'L1 ;llItI \~1l1 nlll \lllllall' illl~ 11I11\l~lltll III 1.1\\ HI 'l'!llIl,ll\llll III lI/thl'
IIl1ldl..../l"l'IIIIh'ult' III tll(lllPIHiIIlIJtI, I Ill' h\.I,I\\''/lthk Id Il'I"lIl,lIlt1tl~ tit IHltlll':l..hll' 'l!'IL'l'III~'111 III 11I~' Ikilll'l III III illl)
ll!nt'l'llll'lll, lIIdl'tllll/l' 11/ Ill'>lIutlll'lll Iii \\llldl Il1l' Ilt',lll't I.. II IMlly, tlr II.''1ull HI Ihl' (ll'jIIlLlIl III 111I1111...1111111 III illl)' '1l.'tIHII>
Illll"l'~l, Ill'lI III 1'1l(1J/llhliltll"l' III allY .11 lh~' t'l)ll;lll'l;1I
hi) I hi... A Wt'1'1ll I.'llt , thl..' Nt)ll' ,Itld all illllL" LIIIl'llllll'lll... Il'qIJlIl.tlltl'll'llIlL!l'1. nmllll', 111..'1 dl Illll iIIll'lall'lllll..'ll'\Ll, \~hl..'lIl')o.l'uIll'd ~lllll
c!l'livl.'ll'll h)' Ihl' I>l.'lIlt'/' all' ilud IHlltllIW 1Ildlpilllilll'l nllhl' Ikllkl, l'lllllI(l'ilhll..' IIIWIrl'lllht: IJl'iall:1 l/llll'l.:mdilllll' wtth 111t:1I
1l''il'l'dIVcll'lIm
(c) nil..' !ltJlttIWt:t h (tllllfllYltlil \\lIh l'adl lint! t'\l'I)' l'lIVl'tlanl \l'1 liuth III Jlilllll-',lilph 1,1 hdllw
(I) Iht'rc nIl.' Ill) ~Illh III 1;1\\ tll t.'qlllly Ilr pl"(L'l'd"I'~~ Iwltlll' UIlY 1/lIHlllill or g.IVl'llllllt'lIlallll~lllIlJll'lIlillll)' Ihl\\' pClld",!! Ill, Il)
the ~1I11\\'kdJlc 1)1' thl' I ),'ait'l, 111l~'1l11'Ill'd ilf'-illtl"" Ihl' Ih'all'f III lIllY ~',lIalnnllll III I hI.' Ihlll"- Il1dl..'lJlt'tlllt:~S, IIII.' i1dvCISe 11.'~1I1t Ill'
whkh wtlultllllllllY lIlalt'lI.11 Il''1Ill'd illkd Ihl' Plllfll'II), fi,HIIlt..:t:'1 III IIpl'lilljl)Il'l Ill' Ihl' Ih.'i1ll'l lit Illlltl)' JllllllilllhH tJf Ihl.'
llt.'nlt'r, 01 IIIL'ir IIhilily III ~iall~l)' IhL' Ball'" Itldl'hll'L\IlI'!'\~
(11,) Nil slnlelllellt, Wnnlll11Y, I L'PIl''ll'IIIi1IlLlIl , t"IJVl'IIi1I1I, IIIllJ1l1l.11ltlU, dlKlllllt.'llIlIl liIlIllKlllllilall'Il\Clllllladc, Il/C!'\l'llllltllH ll\~l.'rtcll
hy Ihe IkRlt'r (() llll' BIIII" III (1lIltll..'(lillt1 \~Ilh Ihl'l A grl'l'1Il 1.'11 I 1II 1I~ un IIldllL:Cl1ll'lltltllhl' HUll'" It) 1II,I"l' 111I)' I. I HIll hCll.'lJlldl'I
\"IIS or is IIl(tHII.'(I, IIlt:tltllpkll', f,ll~1.' III Illl!'lkildlll'-' n'lI ha'i Ihl' I Jt'ilkr fililt'd Itl lId\l!'ll' llll' Billl" III "n~ tllltltfl\~lliljlll\lk(\1tl11,
lIlilll'rilllly Ihe,' Ill'all'r'!,\ bll~lnt'~~, ilpt""11111l~ tlr IinalKlo1l (Illldilltlll
Ih,lI'
14, ('OVENANTS,
So Itll1p, liS Ihis Agrl.'cI11cI11 hill dkd illhllltllillhl' BanI-. IlIdt'llll'dlll.'~~, 11I1!'l bl'l'll flllld III lilli, Ihl' I)l'illCI hl..'ll..'h~ (tI\'l'llillll~ Illld Ilgtl'CS,
(a) The I>enlt~r shnll kcep (IHnpll.'ll.' ;Itlt! lI(C1mlll: hlll)~S ~1I1t1 rl't.:ortls. Thl.' I>t'UICf shllll pC11I1l1 Ihl..' BlIll\.., Ib lI11kl..'rs, clllplllYl'es
And ngenls, III hllve ucct!S!'l Ii) 1111 hnnh 11110 rc(tlrtls pertaining It) the Ilenler's hllSillcs~ and lillillldal OJ/1dilhJlllllld pCrIIllllhe
Bnnk, 115 ofllcl.'rs, emploYt't's l\nd IlI.tcnlS, III C.'l;l\mlne, Budil IInd cupy thl..' snlllC,
(hi The Dealer shall promptly nolify the Balik 1/1 wrllll1g Ill' nny chllllge In Ihe Iuclltitllls of ils lllh)ks nnd reL;ouJs, of Ihe
CollAteral, of An)' plnce of hUSIlIl..'SS or of Ihe t.:loSll11l0r establishmenl of nny new plllt:t' of lluslIlcss_ I f any l)f the Collalcrnl
or nn)' hooks and recnrds nrt' IIlllny til11t' In hI..' IOL"llled tl/l premisc'i IClIselJ hy the Dcaler or 011 prcllllscs owned by Ihe Dcaler
!tubjecllo I1\Ort~Bge or nlhl'r llell, lite Ilc'ller shall ()hlllin nnd deliver or CIlUSl..' 10 be delivered It) Ihe Bunk un ngrcCI1lCnl, 111
form and 6uhslnnce SBllslilCI'lfY 10 thl.' Blink, \\'lIiv~lI~ the landlord's, l1lortKllgcc'S or lienholder's li~hts 10 enfort.:e uny claim
IIgaln!H ()enler for moulL's dill.' hy Icvy llr dislrnillt lhc (kuler will prolllplly ll<Hi(y Ihc Balik (I) if thele ili !lilY c1l1U1gl..' in
Ihc SIRIus or physical condition of 1111)' ('oll,Ileml t)lhl'r Ihall !nlhe ordinnry coursc (If husincss 0' (ii) if 1l1lIh.'Iilll, Ihc inabililY
or nny Accounl I>ehlor Ie) ray nr prescrvt' Iht~ Cnllall.'rnl. or of Iht' rnising hy !lll)' pcr!)t)1I Ill' illlY dcfclISC, sel-ort or
counlerclaim, If, olher than III Iht' ordltllllY l:tJur!'le of Ilusiness, nny ('C)lInleTIII i$ ~t)ld, 11'1I!'lt'tl, rented, rclcllscd h>r
dcmonslrllllon, tTIIllsfcrrclt llf olhcr\\'isl' IlltlVt'd frolll the plnce wherc such ('ollntclIIl is Ilmlllally ~cpl hy Ihc DClllcr, Ihe
Deall'r will nlllify the 1\1111'" lillllm:ilh
(e) The Denlcr AllIS sole Cnsllltlall')(f1l'Il'je. wiIlIHl..'sl'rvt' Ihe ('llllllICrllllllllllllc Dcnlel's rlgllls 1IV,IlIllS1 A..;t.:lIullt (lehlors 111.'1.' illId
c1l'ar of nil liens excepl llh)~t' infil\!or of Ihe Bank, Till.' Dca IN Will 1101 ~Illllllo unYtHll..' othcr Ihan Ihc Hunt..: allY licll Upllll
or sl..'(Urily Inlcle5t in Ihl.' Cnllalernl nllr nllnw illl) persnn olher Ihilll Ihc BlIllk hI ohlain II lien UpOIl Ihe ColI,lIcral At
f)enlrl'S solc cX(lt'll\ct ()cak, will ~Cl'P lIlt' ('lIl1all'ral In ~'l)I)d ullldilioll nnd repair ;11 all tilllcs
(al) The Ikalcr \\'illnot pl'llIllt ,lilY I)llhl' ('llllall'lal I'
(i) II) hc Il'Vlt'd ill' tlj',lr,lItlt'L\ lIpoll! IIndl'/ any 11'1',all'lll(l'!'lS;
OJ) hi hl..'(lllllL' aln"'l'll ILl (l'al pltlflt'rly 11l1ll''1!'l thai la..:t lIa'l hl'l..'1l tlhdtl..cd II) Ihl' I\an~ ill advillll'C III \~ltllllg
or Ih(' rt'al prLlpl'rly has 111'1'11 plt-dp,l'd ILl Ihl..' Hank III 1lt.:t:IJrllaru.:l' wilh palill!Jilph X hCll'lIf; III
(Iii) 10 Ill' "lIhll'd In :u,., ka~I' nl h'tll,t\ ilFrl'l'l1ll'tll \~lIilh hll'" IIIH Ill'l'rl ;1"""/,1\1'.1 (01 lh~' Hilll\.. 11111'11111111111 lllc
1l/11\'1',I11rl', IWIl'lll, link" lilt' Ih',III'1 hol~ paid 1111' Batl~ III lull lht' 111;111 1ll00dl' (oj t'n,dlk lilt.' Ik,lIt'f In
Pllldl,I',C 111,11 11"111
I") III,'IJ"II"'I ",II ,,' ,,1I111'h" h""p ""'11 ",,,1111,, ,,,11.,,,,,,11 """"",( "1",,,"1 ,,111"",II,h "' ""II """""", 111,,1 h)' ""h "'''""''
11'1 "'" "",,1,111<11, I" IIIe I\lIl1h "'1','11'", ,"Ih r.III",,,,,II" ,11',( """11",',1 "'"''''1''' '" ,,""",'''"11 ,,' Ic,",I"'I""II<,'he "II"" "I
IIIWII"") 1111 Iklll,', ",11",""" I\""h" """11" ",II""'''' ,", ,,,,(,,,,"<111'1''''''1'1111'1,,, h""'"I, I" II<' "11,1",,,,, ",,"11 p"IIIle,
"f 1111""""" ,II """Ie,'" I"" p"y"" 11",1 "III l"I""h II,.. I\,"'~ ""It "II''''''''' "I ,,"h 1I\\IIIII",e 11",1 e",I"..ellh'lI" S",h
1'"liI,e, ,h,,1I ,,""illl' " I"""'"'''' "III'ld,) Ih"y ,"""'" I..' . ,,", ,'1"1,,, ",lit" 1\,II,h "'''"llh,llIlI,hlll', ,he "" III '"1'.1"" "llh,
Ilell"'.. e\lepllllk, 'lilli, I III) ,(11)" ""IIell """""" 'h,' I\,II,h III ,I,,' "II,,,'III,,llh,, Ikllk, lilli' ", I'"} ''''}' \llIh ",,,","he
1""11"1111" ,,11111 ,h,,', ,I", I\II"~ "",), hili I' "'" ""1''''''.1 ",, 1"', ""h 1""""'''"' il",1 ",hl.h, ''','' Ih,',e,,1 h, 'he Illl"h
tlhldllL'lllll'~'l
(I) I" Ihe ew"llhllllh< I\II"h, I'" '"I} ,ell""', "e,,'II""'" ,It", 'III' .."\,,, .,llh.' 1',,1111"''''\ " II,,,,lIid,"I'" ,e""e 1,1e<j""ldy Ihe
"llll\.. Illddlh.'lllll'~'l, thl' I h'ull'I Will, UIl\lIllkmllntl
\I) ,Idl..er ," II""e hi he "d,..e,e,II"IIII' II""~ ",I"''''"I11I''<llIlle'''\I'' 1111 1111I'''''" ""lIkle"l, IlIlhe IIIIlIh',
'11)1&.: 111'1(11.'111)11, It) !\l'l'Ull.' Itdl'lltlll'd~ 1111' H.lllh Inddlll'IIIlI''I'l, III
1111 ,e,lu,,' Ihe ,","III"""W "1',I'ley,lle hlll",,"' ""he ",,"h 1",I,'IIIe"',,'" '" 1111 111111111'" ,"I"lu,""y ",Ihe I\""h
tpl Ihl'lh'itkl \'1111, at Midi 1I,II.'I\'>lh ll'llhl' Hnlll, nla~ II'qUIrI'. ,,"IHIIII !llthl' H.lllh
III " "he""'" ,elle,III'I'" III 1'"111 ",,01 ,,,,..,,I """,1,'''''') I" 1\i1l1h, ,he '''"11'' 1I"<lII,hlle,,e, III "II ^"""III
1),..11111'\ !lIIII,tlll'1 willi Illl' Iltllllllllh dIll' 1.11 Hll,Jllh',lkr'') tllJt'llillhltug ^(I'lII111h, lint!
'''I "'1'11" "I "II II,,,,,,e'.1I11 "''"''''\ "11,(,'''"111' Ih,' ',11< '" k"',, "I ,"'y lie,,' ," lie,," "I ^""""llldllll"
I!lld all I"vokes I'VI,lcnI'IIW Iht' ..hlllllll'lIl 0)1 lilt' 111'11l III 111..'111....1111.' '1illa: III Ihl.' IC,''iIIlP, I)l" whkh 1111\1' gl\lC1I
rhl' Itl "'lo.:h A((Il\JI\h
Ih) Ihe Ikllk, "llIlile III1,e<j""e" III' rel""\\ "'III",,d\ 11I,111"" "",( I"'Y "hell ""e IIl1lil>e, III1,I\IIe,,,e 11,,,1 '1Ih<I lee, willi
,e'l'e" I" IlIe ,..,lIl1lell,llIn" ,lie Ikll",r', I""",e". e""I" 1.11'" ,,,,,Ie,,,d '" 1',,,,,11111111 by IIpl""I"ll1le "I",wJin~' dllt~enllr
1,:1I1ldul.'lcd IUld /11/ which lId~iIIJ.,IC f~~l'I\'C~ 1I~\\'t.: hl'I'1I I.'\!,lbll...hl't! 11)' thl' I h'ilkt
II) 1111 t'e,,,li,"" "I IIIk "Ie<j""e" '" be h,,,ed 1", ,,"\ II"nl, ,III' 1>0111<', ",II IIIe 1111 ""c"lIl<nl' nece,,"ry I" "bl,"n ,,"h II
t'e,,"kll'" "IIII'" 1t"lIllhe Itp"'''I"III.e I'"vellll",nl.d ",,'h'llIly IIlIlIn"lte ",,,e l'ell,,,II"e,cdb<d by Inw bill Inn" e,ellln""e
11"," ,<,,"n (7) dny' nlte, Ilw IIl1le IlIe \.""11 " """'" """ 'lie 1","1<'1 ",II,"",e Illll,",i<II' "I IlIe I\lIllh', lIelllln" ,e"IIII}
Inl"e,II" he IIII1"e 1111" 1l,,'e,1 "" "Icll Cellili'"lr "I IIII<' III ,lie \>011""" ",k "'I'<n,e. II' lIellkr IIIiI, "r ,efu,e, '" ",lik
""II ",,",,"elll '" 1l"le ,he Il,,,,h', II ell 1111" 'Will') In,.',e," ,lIe,e,,,', Ihe Ikllkl 1I".,ee, 11"'1 IlIe llil\lh lIlay, allhe Ikllkl"
e'l'en,e, Iik """ ,"'''"l1e"" "' Ihe Illlllh, III I" \I'''' ,I,,,'c("'", ,kell" "1'1"",,11"" h' "e,reCI lIS Iiell "lid ,.,,,rlIY IIIle,e,"
0)1 he I',,",'e,h "I ell,h \.""11 ,hllll b. ",,,I ,,,klr ",tilllln,' Ihe 1"lld,,"e I"ke I/lln,ellh"Y l"l"""d""l< with IlIe FIlIill'"Il~
h'llll"
(h) ^, '''''" ," 1IV1"IIIblc, bill 11\ III' elCnll"ler Ihnll "'" hllll""',II"eIlIY II JII) II,,,, ""," Ihe elld "I end,Ii,,"1 yellr ,,1111. lIelller,
IlIe I !e II "" ,ltllll hllllhll ,he IIl1llh willi ,,"",,"1 1'11","",,1 11'1"'"' '"11'1'""") 11/ Ibe 1I111l~ ,clllllll~ hi Ihe Iillalldal ,,,"11111011 "I
Ihe Dellk, 1111,11" ll11ill"le, lI11d 'IS ,"Oil "' "",illlh"', 11Irt II" IlIle' ,IIi'" Ihe Ii I IIII' IlIer<<lr, Ihe lIe"le, ,h,,1I IIIlIIlsII Ibe Ilallh
with II !.;I)PY Ill' the DCIIIl'r's Fedctal in,,:tll1lC Ill>' return
(I) Oil "r bel,"e ,h. Iwellllclll (211Ih) d"y "I e"ch 1Il,'lIlh ,be lJellk, ",III"",,,b Ibe Illlllh (Ill rOllu ,,,II,r,,cwy 10 Ihe IIl1llh) wllh
ull",,"ile" ,""elllelll' "llhe Iill"ndlll eOlldlllolllllld o"crilll,"" <llllIe lIellkr ","1 I" IIl1ilillle' lor Ih. pr..eding calenda, 1Il01l11l,
(rn) Th. 1I."le, ,hall furnish Ihe Ilnllk promplly wllh II11Y "Iher 1"""IIlIlII"" ,e'l'eclIIII' Ihe lin"nci,,1 cOlllllllon alld afllll" 01 Ih.
Denier nul! Its nflilinlcs 1\5 the Blink mil)'. frol11 tunc 10 time. rCIlSllllilbly require.
(n) TII. lIe"kr will c<lmply willi alla""II.abl. .,wlrolllllenl,,\\IIW, re~"lali,,"' """ ,e'l"lrcm'"l'; IIl1d 11I.Il.al" Blld any gllaralllor
shllll Illdcl1lnll)' the Blink frol1l 011)' loss Arising Ihllll illl)' ctlnli\ll\lllillinn Ill" IHlIlCOl11pliol1ce.
(") 1111"''' IlIe IIl1l1h ,e<1""" IlIe Denier 10 d.llver "'file t'ellllkllle, "llldY.II' r." ell,1I 1Il010r vellld. illlhe Oul.r', Il1velll"'y
'" IlIe ",,"h, Ihe Del1\er ,",,1I11l1111l111111 "0,,.,,1011 of ell,h ,",11 C<rI,Ii,"le "IOrlglll al IlIe Ilealer's place 01 b",III.".
(1') Tile Dell"" "ill 11<11 I","r Il1dehl.dl1." or h"",,,, m,,"ey I""lll III1Y ,,"lice ,,11I<r 1111111 the III111k, whelher or 1101 ,,,bOlllll1l1le
In this Agreemenl or the Nllle, without Ihl.! BlinK'S jlti1lr written (on~enl
I~, t:VENTS OF IItFAlIl:r.
The Ilell\er ,hllll he III "dlllllt helellllder IIpOlllhe "CClIII,",e "llIny line III n,o,e "I Ihe 1"II<1wlllg "Ev.lI15 01 Default":
(II) I he lillllll' I" pill' Ihe .,,",IIIII"illg hlllnllce OlllllY t.,,"n, 1111 u,,,,,,,',llllle,e" Ih"I<'''' ulld ullY olher amOUIII "aYBble he,e"nder
III IlIl' lIallk \\111.'11 1'\Ie~
(h) I he 111,111" "I Ihe I kllkr or III1Y gll,"ulllor III III1Y IlIne ,,' "IIIelle '" 1'<'10'"" I1I1Y 01 115 IIgleemelll', WIIIll""ic"
r<1"e,elllll""Il', ('lYellllll" '" ohligllll""' C""ll1lle<l III II", ^I",'elllell'. Ihe N,,'e "' UIlY olhe, dOCUllI.1I1 or IIl'trllmelll ,elaled
hl'lel" .1III,,,ln~ herel""I1, or II UIlY ,Iulelllelll, WIIIIIII1Iy, rel"e"'II""I"n. c,lYellllnl, ,jglllllU,e or IlIlo'lIIBliollmade herdll 01
'OllllllllC" UI lIny upp\kUII"", e,hlhil, ,che<lllle, ,llIlelllelll, ,ell,lkllle, linlll,,,"1 ,.ulemelll or <llher 1I0.umeul .,ec"lelllll
,lelIICII',llulI",alll h' or Iu ""lI1eellllll wllh Ihll ^g,eement 0' Ihe Nol,,, wa' '" " ",c"rre", ",c<lmplel., false "r n",lea"",g:
IC) IIII' I."ltll" "I Ihe I h'1I"'1 I" hllllllh ,,'''IIlI'II} ",Ihe 1I11nh ",,'h 'iUIIIIIIlI\ 01 ,lIhl'l ,nl,,,nlllllllU "' Ihe Ilnllk mill' ,ell","ably
leIIUl',I,
I'!) nil' 11I,IIII" "llhe 111'11"" or allY gllarlllll"r I" nh",w ," P",Io'"ll1I1Y ",'''''1111'111 "t,",y 1Il1111re whalSoe,e, ullder UIlY ,'IhCl
;qtll'l'llll'lll Wllh Iht' Halik.
II.') -Illl' Ik"I~'II\I 1111)' pO.H.lnl,n hl.nllm.... I ll',oII \l'1l1, III IIln~l'!>lItl~' 1I~ql'lIlljl'lIllol1 I"~' 1ll'lldillll ~ Inlll'"!>, tll ail)' I'l'Iilll)1l i... n\l.'ll
h)' tll ap,lIlIl\111l1.' I1L'1Ik/ ill all~' pll,lI.lIlllll lltld~'1 illl~' PIIl\I~I'HIIlI..n~ LI\~ lIt ~',lltll~' i1lkjlllljl. 111.lllh~'lkllk, III IIII~ I'II,IHIII""
I~ 11I~1I1'1'1I1 III 1I1l1lllk I.} p"~ dehl<. ,I') IIh'Y 1l1.IILI/l',
0) rh~ CIIII)" 1I11111)' jlldl'lIl,,'nl, lil\ III Illhl" hl'lI 111'illmllhl'lh'ilk'.lIIlY pllill.lIlI", III .,111"'1 p.tll) 1II111t.,'IL'~I, \\hl'llIl.'l 'lilld p'IMllilll
ih junlnr III \"'lIltH ILl Ih.ll III I Ill' l\i1n~, III \\IHlI',lll'\"'1 111111111.', II')'" III III lli~' hllllll', ilt lhl' 1')'11111111, ,If 1111)' ullildlllll.'lIl HI
I11lflli!'lh1ll1'1I1 ill'llIml 11m 11I'IPl'll) ullh,,'lh'ilk, III 1111) I'tHII 1Il1h II , III Illl' .lppL1ltlllll~'lIll!1 IIlIY Il'(L'I\,,,'I, 11I1'lIL'L'. (1I11'>1'1\.lh)l III
Illhcl CIHlIlllllill'l n\'L'1 Ihl' I kllkt III !IllY 1'1I11111111111 tll 1111)' IIllhl' I h:llkt.... III illl) ,ljhn,ltIhJI'~ 1"lIpL'lI)' Ill' 1111)' Jltl'llll:-L',
(~) Ihc ('l\lInIL"lIlIII 1I1lY III.dl'" Ihl"L'lrl ~hil\l II,,' MllI/"'lIllI, III thll'lIlL'IlL'Ll Willi, UIl) J1ldl(lill ptUl,:l'~~, ulIldL'IIII1IlIIlHlI)' rtllll'lhllC
PlllCIIC1Ilnt/.,
(II) The lll~!illltlllllll, 1lIt!IPl'I, nlll'llllldnlltlll III Il'llljhllll/~1I1111l III lht.' Ikill,,',.
(I) ^ huhlillltlUnl dllllll'.t.', I" dl'l"'lllllllL'11 II)' 11ll..' IIllll~ Hllh ~llll.! IlItlglllcllt, IlIlh..: 1.tt.'IlIII)', ll\lo-Il":l~hlll. ....llllhqllll 1II111111~ellll!lIt ilf
Ihe lJelll,,~
q) lhl.' ClllKCllilllilll, 1L'ltllllHlllllll III I)tlll'1 111" i)IIIIlY hnndml,' h~hl hy tilt.' 1>"1111.', IllllI\ a SUI'Pllc, illltl'IIl'l, III !IllY 1l'!'Ilflt:lltlll
Illl 'l1U:h hiltl('H'l'" "llIdl Oil kd'l ild\ l'r ,d~, it'l d"'h.'IIlIIlII'd hy 1I1111~ III Ih 'Itlll' Judp.Ill".tll. tll~' I h'alL'1 \ (1)11 I 11 HI'" d l'\I!'lIL'tlL:t.'.
1111l'IIItl01l III lillall~I,11 illllllll11)ll,
I~l A 111111L'lll1l i1dv,,',~": thalll!L' tllthl' 1111,Hlll,lli'lllltllllllllllllh~' Ikak, III iln) IHlillllllhll,
(I) I hI.' dl'lllhlll all)' f,'llill;lIlhll, III
11111 Illl! B'lll~ hL'lIl'\'L''l, III gill111lallh, 'lllhJ"'lI tlllly hi Ih t)\\11 Illl'l I Ill' '1'1 judllllll'lIl.lhiltlhl'l'lll,)PL'd III illI)' Pll)llll'lIll1l IH.'t1\lIlll11Ilt.:l!
of 1I1lY nhlll'allulI hl'll'lllI.tl" h, tll 'lhall 11,,', Illlpillll'd
Ilp1llllhl! 11CCtHfI'IIt:L' Ilf allY 1'\'I.'I1II)f IkIIUlII, thl' I'an~ Illlt)', !II It!llljltl1JII II lid without IIlltiL.:1' 11111ll' 1)L'"Ic,'1III Iln)' llthl'r lIillt)', dl'dulC
allY IllId all t1hltpatiulls 111'1111.' 1 kakl IIIlIlll'lllall'ly dill' lint! pil)'ahk
1(" ItEMEllIES OF TIn: U,INI',
I'll..: Bnn!.. fllll) , lit ih npllqll ill iltl) IlllIl' !llltl \\111\lHJlllilllL:l' Itl Ihl' Ih'ak, 01 uny t1lhl'r pall), d,) .111)' 01 all 1)1' thl' hlllil\\'llIg
(n) t-::tl'rdsl' lrllllllltlll' I.) lilliI.' un)' illlt! illllll>llb nnLl rl'IlJ".t\jl'~ "vailahl\! hI IIII.' Illlll~ undl'l IIII.' lJ('(' III lllhcl\~i~1' ",,,"l1able 10
lhl! BlIllh '1 hI.' IkillL'/ WlIl\l''l and IL'ka~~''l illl)' lillhllllll't.jlllll' Ihl' Banh. II) C1llkd nil)' Illlhl.' B;\n~ lthll'hll'dlll'S~ lhllllllny
lllhc:t ('ollall'l'Ltl UlltlL" allY 1111.'111')' III rlliu'lllilllllW (}11I'l!\1'(~ or tlthl'l wi'lc, lIud !\pl'l.'llkilH)' iltllhllll/l'~ 11I1' B;lll~ It) itppi)' nllY
C'nllntl'ral III whkh Ihl.' I kakr IHI,) an) !ll'ht, Illl,,' Ilr itll"'II''l1 "11am:11 1\11)' ill' IIII.' nallk Indt'htcdlll'S:l In nil)' nllllllll't Ihat the
Blink 11I11)' dl'll',mllll'.
(Ill Termilllllc thl' t.illl.' Ill' ('li.'dll, l'\~.t~:t!\l' Il~ Il~'hl!\ It) h.'IIlIIIHltL' IIII.' Sllpplicr's rlghh IIIHll'r tll,,' nlnllilll1, I.l'lh.'1 Iltld/tJr dcdllll.!
the Bnllk Illdl'hlt't1""....~ II) Il,,' inlllle(\Iillt..'l~ LItH: alld (la)'ahk III \\hnk or III pari
It:) I~ClhJCl' Ihe Ban" ltldebll'dnl'~'l III pld~'tllt;'l1t
(d) Set-oil 11Ilt! "l'ply Oil lIC(l)lll1t III any III IIII.' "1I1l~ Indl'hll'dlll's~, nil hahlllCl''l or Ihl' I )l'itlL'I 1111 dl'pllSlt v.'ilh, tll held in IIn)'
copaclt)' by Ihl' H,III~ al!ltl)" liml', and all~ III hI.' 1 pt(jP~IIY ()f illlY 1\111111\' oflllc Il~'\kl \~hidl the I\lltl~ Ill:!Y IIllln)' llll\e have
In Its pos5l~!I'lltll\
lc) Take pm5e:i~iollllr all or nllY Ctlllill~lal \\'lIh or witlllllltll'gl\t prtlcl!~s. The Dealer. lllllhl' Hllnk \ rl'ItuCSI, will ilssl!lIIble Ihe
Collateral nnd mah it nvnilahll' lil Ihl' Blink at (\ pinel' de5i~n,\lcd by the Billl", whit:h i'l reasollilhl)' ~<lnveniellt 10 bOlh the
DeBler IInd Ihe Illlnh.
(I) The >>Bllk IIlllY scnd 1l11lices illlhc lll'lIkr's IIIlI1lC or Inslruet the ()clller to 5l!l1d nOlkcs Iltlvhlllg !In)' und all ACI;C,Hln, Debtors
that the Accounts have hCl!1l IIsslgncd III Ihl! HIHlk nnd Ihll' nil payments thcrcon IIlC to he 1I\1ltJc directly III thc BUll\.. ,
17, WAIUtANT (W ATHlIlNEY,
The I>ulcr hereby irrevocAbly nUlhorll.C5 lllld l'lllptl''''l!rs Any lllltlrnc)' (lr ony clerk 01 (lilY l'IHHt uf rc..::ord, III nppl!ur for nud confc5s
Judgll1enlll' 10 Bny lerll1 BgBln51lhe Delller: (II) In Ilny IIClioll of replevin or for possession in,lhulell by Ihe Bnllk 10 Oblllll\ po"e"lon or Bny
of the Collateral; and/or (b) for such sums lIS orc JUI', In eilher cnse with or without dcclnmtiol\, with costs of suit, rdellse of errors, without
slay I)f u:ecutllln Bnd with an Amount not to I'xccc~1 Iinl~clI pl'rt:cl\t (15%) of the 01l10\lnl of Slh.:h judgllll'lIt ilJJCJ for RUOIllCY'S fec5 (or
collection. If a COllY of this ^JueCI1II'III. verified hy IlllidilVlt of I Ill! Ihlllk m somconc on bclullr of thc B"n~, 'illilll have bl'en melt ill su..::h IIclion,
It shall nill be neC~5Sl1ry to file thl' tJri~illi\1 ^rr":clIll'llt i1'l iI W;trrantof AtltJrtll'Y, No slllHle excrcisl' of tile fo,egoing Warranl of ^ltoflle~ to
confess judgment sholl he ltcclIll!d tll l'),hallsl IlIe pllWL'r. \\'hethl'r tlr ,wi .IIlY such exercisc shilll be helt.! by any l,;Olllt 10 Ul! invalid, v~lidilblc
or voltl, hUllhe pow~r shnll continue undiminisht.'d IInd mllY hl! cXl'rdsed rrllln tlllle hllimc liS onen as Ihl' Bank :'Ilmll clcct, ulltill1l1 of the UIIll~
Indehledness hl\5 been !lAlislictl ill fLlII lIl1tl this A~~fl'L'lIICIll 'lIHlll hc SUtlidclI1 warront Ihcrefor,
The Denier hereby fllrl'\'L'r wal\'l'~ 111111 ,cll'lI'l"''' i111 ,,'rUlfS in 'laid proccedings, wlliws slay ill' o:el.:lIlit)l\ and CXICIl'lillll t)f time of
flllyml'lll, IInd WAives nil exclI1ptioll'l from Il'v)' .lIld 'lak nl illlY prOp'!ll)' lhal flOW is lH hClciltler lIlilY hL' I'Xelllptl!tl b)' law.
18. IIANK'S IU<illlS IN IlISI'OSITION 01' Tin: COl.l.AlEllAl.,
Ihe Bank llIay tlisllll'll! t1J' Ihl' ('nll.Hl'rlll hy plllll\"-' tll I111V.IIC sail'. 011 the IHI'III1'l":~ ollhl' Ikill"'t, III al IIIIY lithe, lllt:illillll, hy 'lall' 1Ir
Illh..., di'lpcl~ltinll, a~ II 111111 ill III parn'h II I Ill' I\,III~ l'Il'd') III dt'lI\l)'l'" L1f Ihl! CollalL'1il1 un the lh:all'r\ IHI'llIi'l"'~, lh~' lhoakl will plll\lilk
''''i\'lnnahl,,' rtlllperation and \\111 n'll ~'h;III'.I' till' lI;lIl~ It'll I leI[ ',;IId ll',~' I h... nan~ \\rill fI!llvid,,' ''''i1\lJn;,hk tJ.lltlil.'all',lllll Ih... III1Il' lint! pl;l(L' of
i11l~ pnhllt.: ~all' tl[ 11'iI'l""ilhI1' nnllti, allllll III Ihl' IIllll' ;l!ll'r \dll~ Ii illl~ 1111\;111.' ~alc III I)lh~', 1I11~'lllkd "I"PoI\1111I11 1',10. hI' 11I,IIk
"
I~, Mlsn:l.l.ANUHIS,
(II) Tlllh ^1\r~l'llll'lIl ~llilll 111I/ll' hi 11\l' hl'tldil III illlll I~ .11111 '1h,lll lIHllIlllll' III Ill..' Inoalllll"- lIplltl tll.... P,lIl1l'!'i. IIIl'II ~lIln'wll!'l,
rI'IHl.'hl'lIll1ll\iI'\. ll'n'!\'l',..., 111I~1l'':''1.lh'II'' ,1111101......'1'11.. NlJlhllw (l)III;1lI1I'lllll..'ll'HII\lllhr"d':ll lIy 1111)' pall)' 11lllll\kl 11Il~ IIp.hh
ul1lm UIIY thllll pall)' a.. II hl'lIl'fiL'lill\ NlllllllIl' lptllllllll,'lllll"l'lIl ~hllll hI.' &:illl'llJlIl'd III 1'l.'11I1I1 Ihl' I kalL" hI 11'1"'11111 till...
AgrL'tlllClIllIt 1111)" lilliIL'l ll'llkl \ flphh III 1I111111,IIILlII'" hL'Il.!llIldl'l \\'ilhllllllh...t HIIIlIlIIIIII!, Ill... HlIn~ '" C>.pll....h w,lIh.'1I i11'11I11\'1I1
Ihl If there 15 mlJrL' IlIulIll/ll.' I h'illL" I tilL' "I knk," hh.tlllllL'UII "nil 1,1" IhclJlur L'lu.:h ill 1111)' 1)llhl.'/II" illltllhcy 'HI.' 1111111.11I11 hl'\'I:'~llly
IUIlJlHl hCIl'hy.
(c) llllllllhc 1l1l11~ IlIdL'lJll'dllL'\\ I~ p~ud In filII alld i111 ill IIII..' Ih.'~lll"\ llhlllHllillllS hl.'ll'ulldL!' IIII..' ~lIll!'l'Ill.:ItJlil) 1'L!llllIlIIL!d III full,
all tlhllHlItillllS, 'tqlle~l'ntlltltlI1S, ",all,IIIIII'~, lll\ll'IHlllh, IIlldellllhllWS alld 1I1HeCIlll..'I1h tlf the I killel 1ll!ll'undl'l IIntlllllJl'l till..'
Nt)le lmilall Ilthl" dllt'lJIIICIlI!'lI'\I'(Il1l'd III fllllllel'llllll 111,'11.""'1111 Ilf rcl,lIl!d hI."t:!I I ~hilllll'lIIalll ill lulllllft.:l' llnd cllt'd
Idl If IIny l"lI",inll III 1111... l\I"l'I'llll'lll ...h,dl I'll all}' 'l'a"'IIII'" hl' Ill'ld 10 hi' Illvalld III lllll'nhllll'ahll', 'Ildl 111\,111.111) 01
unt:nIIH(t;'illllllly "lIalll\l11 aIit'd all) Illhl'l Plll\ l'>ILtIl hl'IClll
(1'1 All ,i"hl\, fll""l"" ill1d 1l.'IlII:dln l\111H' 1\;11\" Ill'IL'llIldl.'l Ilr IIl1dl'l illl) Illlll'lllhlW"llllll JUI.' t'llllltllllll\'1.' 1I1hlllql ;1111,'111;111\1.' IIlh.J
slllllllll)l hl' 1.'.,hllll"IL'd hy illlY ...ltll!k a......l.rllnll IhL'll'ul I hI.' I,\llllll.' nlllll.' BanI-. II) l'~l'It'I...e (III)' !'lLlL"11 Iiltht. pll"l." of II.'IIICI.J)'
Will litH hc dCl'llh'.j ~I \\,llVl" Illl:rellllltll p'l'lludl' allY !tlllhl'/ 01 ,lddHIUIlal c~c,(hl..' Ilf sllL"h I,~hl, plIwe, III 11.'1Il1't1), OIlW llr
ill thl! IUIII'l', llpOl1 all) tlhlll'lIlllll1 tlllll~' 1 kakl I hI.' \\,Il\'l~r III ,lilY dd.llllt l1erelllldl'/ ~hilll nllt he 11 \\'llt\!C1 lllllll) "'llh~elpJI.'III
dcflluh. '11115 f1lllllllflll'h shall hI..' llpl'lI":i1hk Itl Ihl..' Ikilkl ,11111 all~ pl..'l~lIllliahll' with rCspl.'d to "litH ~III)' p11l1lilllllf the BI\II~
InaJ...hl~.t1l1l..'s~
(I) AlllulIln's IHtl\'lded 1111 heleill ~hall hI..' tl~'l.'llll.'d hI havl! hCl'lI glH'1\ {II If hy 1111..' nail" !tllhe l)ealcl, \\'lu.'1I dCPII'tlh.'d 11I1111..'
muil, IH in nil nlh..../ lil'll'!'l, \\111..'1\ Ikllvl'll'd Itl till' Ill.'ilh.'1 ilthlH:......l'd hl
AIII<lIlAIIS IIAI(IUSIlIJIHi, IN(
,11\11 C1IA~lIll1(S 1I1111H)'lIl
"A((IUSIlIIIH;, 1'..1 1'1111
'l'el"'pIlLlIll,.' (71"}) ~lll ,2H1tl
I'll., (717) ~fd,.'X7h
And (11111' by the Ilclll...r III IIII.' Blink UPI)ll 'l.'(elpl h) lhl' l\i1II~ ill:
I'N(, "ANI', N,\' I<lN^1, ASS<lClA liON
,Il,I2 (',IIU ISII 1'11'1
('AMI' 11111, I'A 17011
Tekp""l1e \7 I 'l) 7HJ.2 \<)X
"'IX: ('117) 7111.i,X7
(1'.1 The D~nlct her....hy waives IHI..'~l'l1tlllelll and pttltl..'sl IIf nllY imlrlllllenllll1d nollce thereor, notice of delimit IInd 1111 othel nOllces
10 which Ihe I>cl1lcr lIlilY olhcr\\'l')e be cnlllkd,
(11) This Agreemenl, 1(}~elllC:r with lhe Nole, se(urily lI~reclllellb, II1tl1lgllges, nnd other documents rderred 10 hl'lcill, (I) is the
complete written iI~reCl1lCnt of Ihe partit's hl.'tl.'hl, sIJpl..'r!lcdl..'s any prior undr.rJtllndill~s or written agreement; IlI1d (ii) cannot
be varied, chilnged or otherwise modiflcd. exccpt with thl' (omellt or Ihe Bilnk. No ornl (Homisl's. (ondilions or
represcl1lntioll5 I11l1de by eitlwr pliny shall vary the terms ill1d ~l.lIIditions herein.
(I) The Denier herehy "Hrees Ihllllhe c.JIllln'J11 I'lells COIIII <II CUMIlEl\I,AND ('OlllllY. I'ennsylllllllllllnd Ihe Un lied SIllies
District ('ourt ror th'! MIDDLE Dislri';1 or Pennsylvnnia shalllHlvc exclusive jurisdiction 10 heilr Odd determlnc Iln)' claims
or dlSIHHes bl..'tween the Bunk ilntl the lkulcr pertl1ininp. directly or indirectly to Ihis Agreement Of to III1Y moller arising
Iherefrom. lhe Dealer herehy expressly suhmits and cunscnls in advilllce 10 such jurisdictillll ill !IllY action or proceeding
commenced hy, or illllllY IIction [I~ail1sl, the Blink, in cillll'r of ~uch ('\ltJrlS, herehy waiving I1crsollill service or the SUl1lmons
llnd cOl1lplaint, or nther process or p:lpels issued Ih~rcill, ;llId 1\IUcl..'ing Ihal scrvke of such summons llnd t:(lIl1(llaint, or olher
pnlcess or papers 11I11Y hI.' made hy rcgisl~'rl'd or l'~llllkd maillHhhl..'ssetl tllthe Ikaler IIllhe nddress Il) \\'llIdllll)lkes ilre to
he 51..'I1t pmslJillIl Itl parllg'i1flh (I) ahovc
(j) In onlrr h> expcdilC Ihe r~sl)l\Jli()1I IIf any dl'plJll'~ Wllldl lllilY II/t~l' 1I111.II..'r this Agreelllellt, (lie Dealer ilnd Ihe BallI- hcreto
waivl! Ihl..' right to Irial hy jury in allY aclloll or IHtl<.'cl!dill.l'_ nl allY ~il1" or lIiUure in IIII)' court hi whkh tlu~y ilia)' hlllh be
pAnlcs, whether (Hisil1l~ 0111 of, linder, tlr h~' 'L'ilSOI1 of Ihl!, AIUcl'lIlCnl or 1I11Y "ssi~nlllellt or olhcr Inlllsllctlllll he,eulUlcr I)r
'hy reil~on of illlY ollll'r caliSI' or dhpllli..' whlltslH.'Vl'r hCI\\'I'elllhcm of an)' kind or "alUre. iHld i1t:klll)wledl-!c th"t sut:h Willver
has hl.'cn sfll'l'ilkillly IHlv,olialed as II pMl I)f thi~ ^J!'l.'ellll'111
(~) This ^~Ul!CI\1Cl1t (i) llIay hI..' e",c:oiled ill allY IIllmbl!r nf COlll1lClpilll't lInd all of slJch t:Ollllh"'1MItS 11I1>.~1I Itlgethc, shall he
tlecl11ctllil t:nllstilulc Olll..' illll.llhl' ~allll' dO(UIlI....lll: illld (Ii) shall hC(lllJll..' ell'l't:tivc whl'l1 cadi of the partic\ heleltl SII;111 1Ii1\'l..'
siglll..'dll (OilY hl'lcnf (whctlll~r lht.' sa Ill(' or dilf....rl'llll'op'C,.s) alld \hall have ddivl..'rl'lllhe ~alllt', 10 Ihe 1111111>., Vt'hClhcr hy 11I1111,
in person or hy lell..'cllpkr, ('ompkle "'1'1\ of (llllllll.'qlllll'i \hall hI.' lotll'l.'d with Ihl..' Ih'llll'r 1II111 \\'ilh Ihe Billll>.
t-:XIIIIIIT "II"
1ll-:,\lYlt INVFNTlllt\ !.INt-: OF l'lU:1l1T NO'll-:
~.~'iIl,I)l11I II"
I ^~II' 11111 , 1',1
Ill" ~llll'.j( ." )'1').1
Illl\ VAI.'I!' Ill'lllVIIl, A\lIIIIIAIIS II ,III III '1\1 'II'" IN" 1111,' "11".,1,,"1 I" '"11 "e, 1<'1"') h' IlIe 1I"k, IIII'N<' "ANK,
NA IIllNAI. ASSll<'lAllliN. IIlIe """l1h") ""1111'11I111 ""l1h"11' ,",'"'' 1,,"011 III 11I1I1,,11ll'""') "llhe \llIlIe,l SIIIle' 01 A"'<""I, "llIlIlIhllil\l,lli,e,
'" ('AMI' 11111., I'A I"') II ," ,,"11 11111,', pili"" '" IlIe 1I111'~ 11',11 ""'If',II11le '" IItlII"I', ,"' ," 1I"""e IlIe 1"11111111I'1011 Illlle '" '''"11<11'' "..di"e,1
1"lhe I kill,', lI1>e,,"") 1.01111 "",I S,""") AI",'e""',,1 ,I"",,, Jill \ ,1'1'1,111\ """ Itdllee" III" lIellle, 1I",jlhe III111h IIlIe "AI',eelllelll"), ,lie
I\""h III,j,'llIe""I''', ,II,' I" 1111 '1"" "''''''"'' "I 1111,,11 1ll,1I "''''.:" I II i III IIIINIII<I I) 'II' 1I1SANI I. I IllIl.A lIS I ~KIIII,O(IO 'III) 1111,' "I """
1."'\1'''). ,,,,','(1,,,, ""II \1'("11'" ,'" ,It" 1\1""'1",1,1111,,""1 """,\'11"1",,,. I""""'" "",,"1111 ,11111,' I"" ""'\1""',1'" lilli' "1."",, IClle"l "'1",,1 "I I 011%
IIh"w ,lie 1\11 II h \ p"",e ,"le ,,11"1,,",1 ("1'''"11' 1111I<"111111," ",'" '.II,..I,It,IIi1'" ",,,,""e "I"'" ,,") ,11""1'" '" ",. h 1"\1"" II"", 1,,,," 11111" I" """',
""11",,, "'''"e "I "", .-1""'1'" II) Ih,'II11"h I" (I... Ikll"" 1111 I"""",, '"1"""1.'''''' ,It", 0\1' I"""" 11"ic ""',' 11,,1 ", ,",) """"".. """ "~I "II""'"
1111,1 ",'<, 1101 ",""",,,Iy lel',e,,"I"lI' 1,,,,,",11,'''' ,,1"'1"11"" ,,1""",1 hI ,lie Ijllllh ,,, 1\111 1'"1111,"1,,, ,.111" ," """1"'" 111,,"""11"" 1I",,<,I,It,,1I
lie ",1",1111'" lIe"',""k( I'" II" 111\'"'' """""" "I ",'" (II,,, 'Ill' 1""11,P,III' ,,,,,,,,,",,11111', II"",." ,"'" \I',,, "I I"tj "")" '"",'" 1III,ell"'" ',pellli,"
'" ,,"11111'. 1111""" "",11 "e p:'~IIhle "lie III'" " It 1111'" III,' ,)."" 1t"'<',1 ,II"j ,'" (h,: "II"" "") "I e 11.-1 , 11I"",11 ,ltel""II" 1111111111<' I\II"h III"d",,",,'"
1'1 paid III hdl
111,1'''''''1'") hlll'll"e ,j"e lie 11""'''''' , ,,111111 "",) Ill' '" ,""'", ""lie """""" 1I'I"",,,e,j "1I,,w, pili, "II ",",(,,, 111'''''11 <I"e 11",e,,"
III'" Ie" 1111" ,,'h,'I 1IIll'''''''' <Ill" I"e I\II"h "' 1111) I""e ,,"<1 1,1111I II III " 10 II,,,e ,1\,,11 10< I'"' """"",1 ." ,loll"" "" 'lie I.,,,,,, A,,:,,"'" "",,,,,,,,"<<1
h} IIIe ",'"~ ,,",lllIe ""I<llle"l, ,,(IJlJlllle<l '" II". Ik"l", h) ,III'II,,,,h "' ,"'"111"",.." ""II 1"'''''''"'' 1I1111e A,'"'el"e"l, "III," 111,,11, II II" '"l1d}
llhlcdl1ltl I~ 1I,,,d...,, b.... ill'l'tHl',1 (OndllM\'l' I..'Vllklll'l' ill" llll' .h ILl,1I .\IllIHltlh dlll' Ihl' Ililn~
p""",,,,1 110,,11 he ""e 1111<1 11I,)"h... ;1111" lillie' 1111.\ '" 'II" ","'"111" '1,,','1;"<1 "' 110< AI'.<e",elll 1''''''11'"1 Ill")' I,e .el'ill" (II "h"1e ,"
III I'"" h) III' Ikllkl 111111,"11 pe'""I) III "") '"11< 1(1111) I'illll,e," "I 11111\1'11'111. IIl1e,e,', ke" '\I""lllIlell", ,\I o,lIe. 1111''''11111 dlle 'he I\II"h
"CII",,,,kr 'JI 1I11,Ie, Ihe A~.eellle'" " II'" 1'",<1 "h<1I "\Ie, IIl1e"'" "" II" 1111'"11'''' ,'""IIIII"'"~ ,h,,1I """,e III Ihe 1'<' 11111111111 "lie "'1",,1 ", \%
IIh,we IlIe I.'''''' (("Ie pl"s \% (Ihe "Iklll\lll Hille") '111, I\II"h ",lilli' III 1111 "Ille' 10, e"III",<I 10 "II ,II' Illlll~" .I~h" IIn,l.ellle,h" '" ,el '",Ih
11I1111.' ^1'JI.'l'llll.'lll
'1 hll No'e " ",ned in '1I,",ectlol IIIIIt 11111\1' '''''1<'' III 1111 ,he 1,'''"' 11I"j "'lId,II,n,, Ill' Ihe A~.eelllelll, wlll,h le,n" IIn" IIIIII\;II"IIS
lite In"lIp'"l1le,1 he,eln hy rdc,en" III If 1'1111)' ,ell'lIlh '"',,'n, I h" N.." ",e"II"" "y Ihe ('lIl1l1lernl. liS Ihlllle/lll " "dille" III >ill" Aweelllenl,
Th. (J.lller ho"h) I"evll<ahll' IIl1lh"rl/e. 1111,1 <nlp''''cr. 1111\' III1II'lIe) "" III1Y <lcrk of OilY ellUI'! ,,' "<<Ill'll, I" "1'1""" 1'0.. 111111
<ollf... JIIII~n"'" "' 10 .IIY lerm ag.IIl.1 lito (Jolllo" (II) '" II11Y 11<11,," of "11\..111 0' fo' 110.....1011 III,lIl11le,1 by 11t< 11111111 10 ohllllll
110.....1011 r,f II11Y "f Iho ('011010..01; .IId/or (h) fo, .lIeh "111\\ '" lire ""0 lI11do.. lit. 1I.lIler', I.Il1hlllll., '" lit. (J.llk, III dlh.., ell" wllh
0' \\'lIhlllll """,,alloll, \\'lIh <0,\5 of ,"11, ,,1.11.. of error>. II11hl'II1 'Ill) of ..e<uIIIIII lI11d willi Oil IIIIIOUIII 111,1 hI ..<..11 On.ell Ilerrelll
(15%) of Ih. 1I1110UIII of ,u<h lud~IIl,"1 IIdd.d fo, .1I'"'lIe)', fees fll.. <011..11111I, If II <OilY ur Ih. Ag,eolllelll .". Ihll Nol., ,'erIO..1 h)'
.lOdll,,1I t1f Ih. III111k ur ,01ll.0.l< Oil hoh.lf of Iho IlIllli<, ,hall hll,e h"" or..IIII ,u<h a..lolI, II ,hall 1101 be IIe,,""') 10111< Iho o..lgllIIII
A~'''lIloll1 II' NlIlo a' . W.".III or Allo,"'y, No ,11I~le "H,'I,,' IIf Ih. f""~IIII1~ W......III of Allol'II') hI <011 f.., jlld~m'"1 .hllll ho
drrtllod 10"h.II,llh. I,ower, wh.lher Ill' ""1 II11Y .1I<h eU'''''I\'' ,hllllllC hehl h) 1111) <lIl1rt 10 h.III"olld, vnhlllhlo u, '1I1d, hollho llo"er
,h.1I <I'"lhlll' olldllllllll,hod and IIllll' h. o....rlsed 1"1111I 11m. hI 1111I' "' ollell ., Iho IlIlIIk .h.1I riCCi, ollllllhe II.IIk hlll.hl<dll'" hll'
h...t" !u,'hnl'11 in rull:,"1I Ih(' AJ.tr(,clUl'lIt ur Ihis NIIIl' ..hall hl~ suflidrnl Wllrrnnl thl'rl'rol'.
rho 11,"1" h."hy f.""" wlIl,e, 1111,1 I'el,,"e. 1111 ",.,.11I" III ,"hll","'.e.II11~I, Will"" 'IllY or eH,'olloll 111111 ",,",11111 IIf lime
IIf Pll)III'''I, ,,,"I wnl". 1111 ..ompllolls f",m I..y 11,,,1 >i'I<' III :"'\ p"lIl'e..ly Ihlll 111111 h 0" hHCllne.. 1Il1l)' he eHIIlI",,1 h)' 11111.
No !iilll-!.h' l'\l'rdsl' or Ihe rOl"e~f)inl-!. 1III\\l!.''' III 1'lllIh'!\' jllill!lIIl.'lIl, Ilr :t !il'l"i~', Ilf jtltl~lIIcnh, slulll he d('('lIll,.t to ~'~hnllsl Ih... 110\\'\'1'1
whl'lhe, II" 11111 1111)' slI,h o..,rI" ,1"111 h. h<hl h) (111) <,,"1'1 I" h,' "1111<1. ,.,I,llIhl<'. ,,,. ,ohl, hili Ih. I"m".. ,hllll <'111111111< IIl1dllllllll,hell
111\1111 mil" It" ""d,ed f..olll lime 10 1111I' '" "nell '" ,It" Illllll( ,hllll d....1 1111111 ;lId, 1111I1' '" Ihe llllllk ,hllllltll,'e rc,'d,'ed 1'")11I'"1 III
full 1)1' 111l' th'ht. inh'l'l.'!\t 111111 ,'..,Is,
II ,It" Nole" 11,'11'"1.1 whell "II<, IIl1d" pili"'" "lilt "" 1111'''''" ,," ,."11"",,,,. IIn,l IIhclllCl or 11'" "I" II elllered he",'II, ," JII"IIme"l
(IIn kl"''' , "1'"i,\\' "1<' Ilelller, lit, llellkr 1"'11"" "1'""" I.. I"" 'III' 1IIIIIh, "' 11,1""1""'" lit, 1",,"ljllll 1111" '''Ielelllltell ""e, lite ''','' "f ""' all"
;l 1l';\'ltlll;,hk allll! tll'Y\ h't' nnl In l''tI.O'l'l\ fdkl't1 pl'ru.'lll ( I ~",,) ,II ,>111 II pi t111Ip.d ,I lid illtl'Il'~1
\', ""," '" ,III' N,"", "lIl1l1h" ',ltallll"'illI "lIallh, "', 'II, ,,",,'''', ,11',( iI'''''I'II': ,,,,,, "I "'"k,", " ""'11' ,"" """,' ,11,'" ,,,,,', ,It,,(IIII<'illI ",,(1
nl 111"111111 ,',11'11 III am III Ihelll", and they :111' lolllllh ,11\.1 "'\l,t.dl: hdlltlll
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IWt\I.EH INVENTOHY l.lNF of ('HFIIIT NOli':
~~.~~.I)'IIII)II
I ^tllI' ""I, I',\.
11111 MIII"1 I')! '1'1,1
Illll 1',11111, 11I.nIVIII, ^"III1I^,IS "^llIIISlIlJlll., INI' 1I1i' "lk,''''I''II"''"Il'''' 1<) I'"} "'lhe ,".k, III I'N" IIANj-;,
NATIONAl ^ SSO( 'l^ I'll )N. (IIII..' "BlIlI~") illllllttllHlllllllI\..llljJ. II~MKllllllllI In lil\\ 1IIIIIItlll/..') tlllhl' llmll'd Slnll'!'I11I ^l\h.'IIt.:II, ItlllllllhHlIf.l\llk.......
In C^l\lIlllll.l., II^ 1'10111l( 'llll.:h llthl'l IIL1l''''' Il'llhl' Ball\.. Illay Ill",II'.Il1l1l' In \\1111111', llllilf lldtlll' Ilu' h'llIIllIlltilllll>lIh:'Il!'llhull~IIIII'l ddilll.'d
inllll,' th',II.." 111\'I.'lllnl)' 1IIIIIl1ltld Sl't.'tllll~ APIf..'l'lIIl'lIl dllll'd JUI.Y ,1')1),1 h~ lllld I1l'1\\l'l'lIlhl' Iknlt'l 1IIItIlh,,'lhllj.. Uhl' "AI',1l'l'lIlcnl"), Ihl'
Illlllk IIl,,",,le<llle,,, II" 1'"""'1",1 1111I11"'" "llIhllli Illll} e..,cd l'I'illl IIIIN!WIII 1111)lISANII 1/111.1 AilS (~ijl)~,~'.II).I)I!.) 11\" "I ''''"
I.lllllt" I. 1I\I'I'llIl'l wllh IOll'II'" Ill! IllL' pllllllP.11 i1111Lltltll 11l1l"lalltlllll" pi!) .lllll' 1111\111111) ill 1111' Ill'l illHlIlI1I I all' llhl' "1,lfilll I(all''') 1'1111,11 \II I 1)11"..
nhovL' Ihl' BlIll~" pllllll' lilli' 11lItl'I'll'~1 ("PllIlll' Hall''') \~hldll,IlI' ~hitll dlallJ'l' l'llt'<lI\I' IIjllftl ,lll~ ,b,IflJ'l' III ..Ill 1l1'/llIll' Hall' 1I1111111l111' III Ilflll',
Wlthoul f!lfll(l' ill lull' l'flalll',l' h) 1111' Hnll~ In Illl' I kakl I Ill' I Jl',Ikr Imdl'l'Ilillld.. Ih,11 Ihl' 1'11111'.' 1(.111' 1'0 IIIlI ll\.'d hi illl)' 1'\ll'lllill hill' 1I11111l'I\.'"
lIlId dlll''''Il11IIl\.'(\.'~..alll~' Il'pll'~l'nllhl' 11l\~I'\1 lilll' ill 1I111'rl''>lIllkll'l\ h) 1111: I\iltl~ III ,Ill) p.llllt"lll." l t.1~"lll l'llll'PIII) III L'II'ohlllll'l'I Illh'/l'\I..lhtll
hl' (llkul,ltl't1lh'fl'lll\lh'1 hlr IllI.' a(tullllllllllhl'l III dily..lh,lI till' fllllll'lpall\ lIUhl,lIhllll!', 11,1\1'1\ 1111 it )l'.tl III \,,0 dil)~, llllll"o'l ulhl.!l\\I\l' sp!.'L'llil'd
In w,illllfl. Inll'll'\1 'lllall hl' pil)ahk lllll' 1\1"lllh Ilillllllll' dill!.' 111'11.'111.11111 Olllhl' ~i\llll' d,l) llll'illli lIl,ltllh 1111'/I'alll'l llllllllhl' I\atlh llldl'llll'dlll''''l
15 paid III 1'1111
I hi' pi illf,lpill hnlilll(l: dill' hl'fl'tll\lkl, \..-llIdlllla)' hi' III 1'\(1'.... Ill' till' illlhJlJl1l rdl'll'r1l'l'd Utili \'1.' , pltJ'" 1I111l1't'llIl'd Inll'll'sl dul' Ihl'll.'llll
und reI.''' iUhlllthl'r alllllllllh dill' Ihl' Ball~ ill allY IUlll' and fllllll 1111\1' hI 111I11' ..11,,11 hi' Ihl' illlllllllll il'" ~lItl\\1I 1111 thl' lnilll At.:(l)lJllllllilllll.IIIll.'lt
h)' Ihl' 11,H1h alld Ihl' ~llltl'IIII'IlI'" ~1111l1111l1'll III Ihl'I)l'lIll'r hy Ihl' I"l"~ III ,ll(llIdillJ~I' \\1111 11I11\t1"'I'1I1'l111 lhl.' ^!'It.'I'IIWlIl, \\IIIt.:h \hilll, 1111.1111\11.'1)'
llhjet.:lilllll'" madl', Ill' i11'I'I1Il'd (llllcILl',I\I' 1'\ldl'Ill'l.' tlf lilt.' ;\(ltl,11 ,1I11'1l11\1~ dill' 1111' I\ill\h
PltIIt:lpill shall hl~ dill' illld pil);Ihll' allhe lillll''l alllll/llh~' 1l1l11lllllls \!1l'(lIil'd Illlhl.' 1\!!II'I'IIWIlI PIIIl(IPilll1IlI)' In.' II.!IIa1d III \\Ill)it' ,ll
in pall hy Ihl' 1 kakl \'dll111LlI pl.'lHIlty ,II llllY 111lI1.! linn) pll)lIlelllllf prilldplll. 11111'11'\1, k I"', , t.:IJlI,lilllll'lIb, (JI lltlll'r nH\l)unl~ lJill.' thl' Ullllh.
hereundel Ilf lllldl.'t IIII.' A,I.ll't.:llll~nl is lIill IMld \\'111'11 dill', I1lIl'rl''111)l1 Ihl' 1I111tltJllh 111l1~lillllllllp. shall a(l'llll.' illlhl.' pl.'l IIlUllJIII 11I1l' 1'1IUIII Ii) ~'!~
llhl)vl' Ill!.' I.oan Hall' plll\ ~n~l tlhl' "I>I'flllllll(llll:") llll.' BillI~ \~11l hl' III i\1I1111l1'~ hl' 1'1I11tll'lllil all Ill' Uatlh.\ lil!hh ''''11 rClIlcdics as !ll'lli.llth
ill Ihl.' Aglt;'I'11l1'111
'I hl\ N(lh.' h issul'd III t.:tUIIICt.:lilll1 \\'llh lIlId b suhjl'l,:1 It) alllhc 11.'1111\ i\tlll t'tlndHIIJll\ tlllhl' AIUl'Cllll'lIl, Whldl le/lllS lint! t.:llllllltlllll'i
nrc int.:llrpnlall'll hl'll'in by 11'1'1"1.'11(1.' as il hilly 'Il'l fi.Jrth hcrcm '1111\ Nllll' t'l Sl't,'llll'd II) 11\l' <. \lllall'lal. ,lslllallt.'11lI is ddinl'd in s,lld Agll'l'lllclIl.
The Uulrr herelly Irrevocllhly Ilulhorius Ilful empowers ..ny ~lIh)rrll.'Y tH' Illl~' clerk o( fillY l'l)Url I)( record, 10 APllt"r for Iwd
<ollr... J""Kmcllt "' III Any Icrm "K"ln'l thc neaten (.) In .IIY .ellon or \,'l'levln II\' r'll' 1'""...lon In,IiI"lc" by Ihc Ullnk 10 ohlllln
IJ055tul1l1l o( Any of Ihe ('()Ihtlerltl! nflll/llr (II) for Iluch SUUlS ItS Itt'e dut under lhe lllnller's L1l1hlliUl.'s 10 Ihl' IhUlk. in tic her ('Il!W wllh
or wlllloul declnrAllunt willi ('lIsls o( sulll rtlusf of urnrs, WllhoUI 511')' o( nel'lIllolI lwd "1111 11II IlIllIlUIII 1101 10 u,ued nfleell Ilerrenl
(150/.) oflhe amounl II! such jud~mfnl ndded for !lUnr"e)"1j frfS (ur collecllulI, If II cop)' o( Ihe AJ,trl'ellu'nl or this NOlf, verined b)'
.m".,1I or Ihc (lAnk or SllmC"'1< on h.h.lr or Ih. 1l.lIk, ,hllll h... hc.n 01.,1 In ,oeh ""11011. II ,hllU not hc 1I"....ry 10 mc Ihc orlgln.1
AKnemrnl or Nolr AS A \VnrrAIIIO( Alhlrne)'. No 1\11I~le nerdsI.' of Ihr (on'~lllnJ.', \Vlt....Ullltl( Allorney 10 confess judgment !llutlt he
dumed 10 exhAusl the IlnWtrl whethrr or nol nn)' such turdsI' dUll! he helel h)' Oil)' l'llurl III hI' ht\l&alhl, vohhlbh~ or void. bUllhe lIowr.r
,holl '0111111"' "n<llmlnl,h,,1 Oil" mllY hc ..erei",1 rrom 11m. 10 11m. liS oll.n "' the lhlllk sh.1I eI.el. "nllllh. 1I0nk (nll.hlc""c.. hilS
bun MlIlsnetl in rulll\ndlhl' Agrermentlll' Ihls Nllle shllll he suffidcnl wurnllH I III.'n'ft) 1',
Tht Uult!r htreh)' forever ",ulves IInd relelUt!i All errors In ~mltlIH'lIl'4'l.'llIlIg~, \\'"iVt!l silty of eU.'t:uliun Ind nlt'l5ion of lime
of l'Aymenl, lwd WltlV4'S 1,III.'~ellllllil)IIS rrllm lev)' 81111 5:,le of Ull)' prol'trly 111;11 nit" Is UI' hcrl.'lIf1er l1Iay lie Utili pled II)' Inw,
No !iln~lt' turdse or Ihl' r()re~oll1~ Ilower 10 coufl'sS JUdgflll'IJl1 111'11 !rIl'dI'SI)1 jlld~ml'III!r1, sllI,1I hI.' dt.'elUtd 10 UhUu511he I'U\\'I'I',
wllellltr or nol Ilny slIch nerche shnll ht htlll hy Any (t)url In he \".1111, vl)icl;lhh,', 1)1' vllltl, hut IIII' IHI\H'r shllll conllnul.' undiminished
And II mllY he nrrrl'il'd frulU filtu' In 11mI.' 11'i IIntn 11'1 II".' 1I:lIIk shull rlrl'l 1111111 '1nrh Ihlll' 1I~ lilt.' Unnl, sh:\UIIlt\lt received 11I1)'mL'nl In
full of thl' t!t'hl, inll'l'l'!rIl IIl1tll'l)~I\,
If Ihis Nllll' 1\lIl\t p,\ul wllt'll dill' ,lI\ll i"lllal'cd wilh .Ill i\IItHIII'~ Illr I'nlkdlOI1, ;11101 wl1l'lhl'l III /It II 'lUll 1\ 1'llll'rt.:li hl'll'lIl1, Ilr Jud,HI\I..'1I1
ct)IlIi.'s"l'd, al'-'lIrl~1 thl'lkilkl, Ihl'lkakr fllrlhl'l "!,-'I'I'S In pay Ihl' Ballh., 11\ .h\dltIOrl \tlllll' P"11111l,\1 ilntlulll.'ll'...llhl.'t\ dUl',lhl' cosh 0(\1111 and
iI rl'a...1l11ahk i111l)1IH'~''> Il'l' 11.iI 1'1 nt'l'l'd nlll'l'll pl'I(l'lll (I "i'~lIll11 ~IJ(h pllll~lp,d ,Ill.! Inll'll'''!
,\... 1I',l'.! 111 1111'> t\n'.., "!\iHlh" ',h,dlllll'<I11 "l\al1~, II'> ...lIlt'I",',tll', and """dl'I\'," ,HId "I h',d.',', l1111t'It' ilrl' Ill'llt' IlIall 01,1', \11,1111\11',111 ",Ill
of 1111'11\ III l',,,.h III ;1Il~ III 11lt'1ll '. ,\1101 1111') all' il/mlly illlt! "'I'\I'lilll)' hdlllld
>>NC Ban~, National
A..ociadon,
>>laindU,
) COU1t'r 0' coMMON pt..AS
) or CUMBIR~AND coUNTY
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\ C'IV'It. ACTION NO.1 '(I. 1,1', (11:,11 r"'~
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v..
Autobau, Ratti.but9, 'InC.
4150 Cb~.t' Hill Roa4
Ratti.but9, VA 17111,
p.fendanl:
To AutohauS Harrisbur9, Inc" Defendantt
You are hereby notified that on February S, 1996, judgment by
conf."i" w" .nc,r.d ,g,i"c yon in ch' ,n. of $3"",92',00 i'
the above-captioned case.
Date t J/ (" I' ..", 'J' Iii /)/J
-~ I
, J.'h6" ( , ) II, ,. C ( '-
~r notary
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.
yOU SHOULD TAKE THIS ~A~ER TO YOUR LAWYER AT ONCE. IF YOu 00
NOT HAVE A LAWYER OR cANNOT AFFORD ON, GO TO OR TELE~HONE THE
OFFICES SET FORTH BELOW TO FINO OUT WHERE yOU CAN GET LEGAL HELP.
Court Administrator
4th Floor
cumberland County courthoUse
carlisle, ~ennsylvania 17013
(717) 240-6200
1 hereby certify that the following is the last known address
of the defendants I
4150 chambers Hill Road
Harrisburg, ~ennsylvania 17111
----...-""
an p.l J. Malpezzi, Esq.
Jeffrey A. Ernico, Esq.
Jack M. stover, Esq,
Attorneys for ~laintiff
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IlfI'.BX or JUD9MBN'l'
AND NOW, this " II, day of l"ebruary, 1996 I pursuant to the
attached Confession of Judgment for Money, judgment is entered in
favor of the plaintiff, PNC Bank, National Association and against
the above Defendant in the amount of $3,766,927.00, together with
continuing interest at the rate in effect under the Dealer
Inventory Loan and Security Agreements and Notes referenced in the
Confession of Judgment and costs of suit as provided thereunder.
PROTHONOTARY I
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