|
<br />r
<br />
<br />paplCnI of more interest than the law p:rmll~.then )'ou will only have the right to collect from me the amount 01 Interes! which the law allows you to collect.
<br />COMPLETENESS OF THIS CONTRACT: This conlract can only be changed if both you and I agree in writing.
<br />The follo~lIlg ~otice brings to my allenlioll.lhe nghb that I have even when this contract is sold to a financial institution or a bank, and I sh Juld notice that !he impor-
<br />tanceof!hls provision IS slfessedby IIsappl:araDce In ten point. bold face type: 88 10 t) B 6 c:;
<br />NOTICE - ~ yo
<br />
<br />This credit contract flnln<tel a purchase. All legal rights which ihe Buyer hat against the Seller arlelng
<br />out of this transaction, Including all claims and defen..s, are also valid agall'ls! any holder of this contract.
<br />The right to recover monlDy from the holder under thl, provision I, limited to the amount paid by the buyer
<br />under this contract.
<br />A claim Is . legllly valid relson for suing the Seller. A defen.. Is a legally valid reason for not:paylng
<br />the Sener. A holder r. .nyone trying to collect for the purcha... .
<br />
<br />INSURANCE CANCEU.A nON: If I hne requested irasurance in thispurchase. I may cancel such request for insurance for any reason within fifteen (15) days from the
<br />date of !his contr.tet by notifying you or the holder of thAs contract in wriung. I know tbat!he cancellation of mv coverage will be arranged wi!h !he insurance carrier(s) and
<br />a full refund of my premium(sltogether wi!h applicable fin:locl: charge will be credited to !his contracl. .
<br />PI.EASE NOTE: If I have requesled insurance in this purchase. I will receive within thiny l30) days a cenificate of insurance more fully describing !he insurance coverage.
<br />I know !hat if !here is an}' conllicr in !he coverage or the language of the cenificale of insurance and !he following Notice of Proposed Insurance !hat I am covered only to
<br />the eXlenl staled In lhe following Notice of PrOfK"iCd t nsurane.: I also know thar I have insurance coverage only if I have been charged for it.
<br />
<br />NonCE OF PROPOSED INSURANCE
<br />
<br />I lake oolice !hat eilhe{ Credit l..ife or Credit Acndent and Heal!h Insunmce. or bo!h. will be applicable to this Sales Contract on the reverse side onl>, if I have chosen
<br />il by si~ing [he request for such insurance. This insurol.llce will only cover !he ~rson signing the request at Ihe cost forc:ach type of insurance shown. Subject to acceptance
<br />by ule lIlsurance compan)'. the insurance WIll be effn1:.,e as of today and Will conrinue only for lhe number of months after the effective date equal to the number of
<br />monthly payments. I unde~lalld ttw this P;!,fll,'y!n Hlsurance mav not provide coverage for my lasl few {lllymenls. llIld that during that period of lime 1 will nOI have any
<br />inSL!llU1ct' nm:rage. All benefit!. md procccd1 of !he: lIlsuraoce wlli he p;ud to ...ou or 10 a financial inslitll~lOn or a bank if il purchases the Sales Contract to !he eXlent of its
<br />inleresb and any balance \"111 be p.ilyabfe to me. The inmal affi(X1nt of Credll Life Insurance is !he amount required 10 repay the Total of Payments; !hereafter, the insurance
<br />decre;u.es h)' Ihe: amounl of' cOKh mon"'ly p.oy'menl on" ~heduled 3Cl day basi~ If I urn joinlly obligated on the Sales Contracl with a Co-Buyer. and we have bo!h signed
<br />the rcque\tlor Credil LIfe lru.:urance. death benefll\ wll! be p:l)able I'niy WIth rC\(lCctto Ihe finsl one of us !o die. Subject to exclusions, eliminations or waiting period stated
<br />in lhe ln~uram:e policJi or cenifica!r. Credil A':\.'ldcnl and Ueahh In\unnee 1\ for the bene lit amount of 1I3Oth of each month's payment for each day that I am totally disabled
<br />due III an Injury Of slckne~~ whik I owe fIIn)l'aymenllo )"U. hl''''e.er. I undersl:lOd that I have 10 he prevented from working due 10 such total disability for more than four-
<br />teen t 141 corue-l:ulhc d.1y~ bdlJi~ tht .lUllI'a.n.::e lietIcfit 1'1 patJ Nick to the fi~t day of my total disability_ lliho Itoow that I ClWDOtobhllD oy ~ fromYGU!f1
<br />am o.-er 6S )'nn of.~ tada,. aod lllho IUloIJ-..1lsallhr: IMUranee co, r~ pro,lded to me may contain a maximum amount or coverqe whlcb wHl not par in IiOIIIe
<br />cun. i~ end" arDOlIInt tbat I O~ '011. flue In lhe rruJumum .llrllo.>Uill "I ,(,.-crage Maled in the insurance policy, I know that any unpaid amount in excess of the msurance
<br />cmeru~e '"III ~1I" hll\e III be p.lld If the S~le~ ("ontr.actnf'!l."p;1II11ll full rnllr 10 the Ill\1 payment date, any unearned insurance premiums will be refunded 10 me in !he man-
<br />ner pre!>Cnhell ny la.. '~iUhllllhlny (301 dAY~. I a:11I re.'c,,,1." the: ,'I."n1fll.llle o'lIl\urance more fully describing my insurance coverage. If !he insurance is nOI accepted by
<br />the l1I~uran':t" ,ompwtll). I'" III rei:e..e.. reiundn' t~ l1I,unlll<:e I'\'t"fmum~ I h..\epa!d
<br />
<br />tit.''r'.:R: The ne\1 I....... p;itlignrn~ "')IlI..m..../lJT:I1llle. rel.lll\e to Ihl> ....Ie Ipven 1>) u. ro Ihe finanCIal institution or bank in order forillO buy this contract.
<br />
<br />SELLER'S WARRANT1ES AND ASSIGNMENT OF INSTALLMENT SALES CONTRACT AND MORTGAGE
<br />
<br />I'OR V""XE ~t[l1:IVED. Seller h.rrrb,' lo(H\. .1.'I~I~n~. mn\en. lrllmlcl'1\ and dehvel'1\ 10
<br />(AlSlgnt'Cl all Hi It, nglla. lIlLt and Inler<<llO- ~nd [;l lhe In'IJlllmenl'~..le, ConlraCI and Mongllge. toge!her with all liens existing to secure its payment. llild the propeny
<br />~llCumtlrfnJ hN'rtnll"ulglltt t~ ~b) ~ubuitulC,J a~ M()rt~lg~ under lhe: Mmlgllge pm\'l\IOnS of thisl;ontmCl. Seller warrants and represents; (I) It has the right 10 make
<br />11m anignmenl. (~11\1I ~t.lIC'rrlt'llu:md figu.l'r' m thi' ,'unrra.ct and In the Buyer's statement are matmally lrue and correct; (3) This contraCl arose from the bona fide sale
<br />of the F<""h llnd '>C:nl~s de!i..-nbed hr:lTm; I." ~ illc ,:,nlt dn..npay menl ~b<.l'" n m !h.. Cl.lI1lns>:t wa, actually paid b)' Buyer and no part of said downpayment was loaned di-
<br />re<.'II) IJi In4lrr.:ll) hy Selkr h) RUln-; ,5, I:..:h flu)er l> leJ!!a.lly ,ompelclll hH"ntruct. (6~ Thl. contract is nOI and will not be subjectloany claim, ddenfc, demand arright
<br />III (,thet. 4 'IlTIlt. e\(!Cutlon d thu nJOtT:Jh:111nd.ttr. uOOt:'rl, 1nlt ~I~, lramactum ~1\1Il~ n!oC the:rc-lodid no! vlOlale any federal or state law, directive. rule orregulalion now
<br />an eflcct. 1111 In the- O!\ent that Ihu ((1llIr~:1 ('I" me u.ndcrl)ini Wn trVl....:tlOn .\ \u!lJe~"11n 1\ n"ht or reSCI~~lOn or cancellaunn _~)' the Buyer. such rescission or cancella-
<br />lion pt'nud tw nl'lf'N and ~tlhert:-ae,,* nol' thl~':l1fltr.Klh&~ b<<IHlU'Kcllt'<Jor rr!>Cioocd THIS COtnlAtT IS SOLD IYSEUEAWlTHOUTIfCOURSE.
<br />
<br />IN n:STI\tOSY \\lfF..REOI'. the undeBlfned n iln authllmed repre-.cnlllll\e 111 the Sl:lIcr and !as ~iWled below on behalf cfthe Seller on !his
<br />
<br />day of ____ _____._ _ _ .IQ_._u
<br />
<br />n.c f'lf'e!lmn~ ""lnt!'l1J<:f\l ""'~ !l>."kn..,...INI'<'..l ~kfl: "'''' ,,"
<br />
<br />THE PACESETTER CORPORATION {Sen.r)
<br />
<br />. 1'1___._.
<br />
<br />~~
<br />
<br />toy the auUK'flled a~!Il ,,' S<:Jler '" h<.. .-
<br />My ",-'mml!.'lOn e1.ptn:,
<br />
<br />~~b1j,'"'' .- ~'.~'~ ,'. ~"* ' ~... I
<br />....._ _, .._l,. '.... -. !.- .,n..,~ ~.'.
<br />.;.'~ ,djA;i'.:.N1 it. ~
<br />~_~.~~, _~ _' J'~~~~,,_::~;~::~'" ~ ~'~;"~.~~:j
<br />
|