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87103296
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Last modified
10/19/2011 8:06:01 AM
Creation date
3/27/2008 2:22:53 PM
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DEEDS
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87103296
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The ;ollmatrtF'ttttuEefirin¢rf to my attention the oghts that I have even when this co;aract is sold to a financial institution or a brisk, and I should notice that Iht in?[ur- <br />,. �e o €thy- lxnvi-,ian is sttessedby its appearance in ten point, boldface type: <br />NOTICE 87— 10Q <br />ti <br />F This credit contract finances a purchase. All legal rights which the Buyer has against the Seiler arising <br />out of this transaction, including all claims and defenses, are also valid against any holder of this contract. <br />The right to recover [Honey from the holder under this provision is limited to the amount paid by the buyer <br />under this contract. <br />A claim is a legally valid reason for suing the Seller. A defense is a legally valid reason for not paying <br />the Seiler. A holder Is anyone trying to collet! for the purchase. <br />INSURANCE CANCELLATION: If I have requested insurance in this purchase,) may cancel such request for insurance for any reason within fifteen ( l5) days from the <br />date of this contract by t 'Tying you or the holder of ..his contnaa in writingg_ I know that the cancellation of my coverage will be arranged with the insurance carrier(s) and <br />a full refund ofmy ptrnuo sY togetherwit h applicable financecharge will be credited to this con tract. <br />PLEASE NOTE: if l have requested insurance in this purchase. t will receive Within thirty, (30) days a certificate of insurance more fully describing the insurance coverage. <br />I know than if there is anv conflict in the coverage or the language of the certificate of insurance and the following Notice of proposed Insurance that I am covered only to <br />the extent stated in the following Notice of proposed Insurance. I also know that I have insurance overage only if I fiave been charged font. <br />NOTICE OF PROPOSED INSURANCE <br />I take notice that either Credit Life or Credit Accident and Health Insurance. or both, will be applicable to this Sales Contract on the reverse side only if I have chosen <br />it by i iSaing the request for such insurance. This insurance will unity cover the person signing the request at the cost for each type of insurance shown. Subject to ac ¢ <br />by the insurance company. the insurance will be effective as of today and wt 11 continue only for the number of months after the effective date equal to the imtnha• of <br />monthly payments- I understand that this particular insuranxe may trot provide coverage for my last few payments, and that during that period of time 1 will not have any <br />iusWa m o "All and pnxcadc of the insurance will be to You or to a financial institutionbr a bank if it purchases the Sates Contract to the extentof its <br />interests and any balance will be payable to me. The initial amount of Credit Lift Insurance is the amount required to repay the Total ofpayymmee����u; thereafter, the insuance <br />dareases byy the amount of each monthly payment on a scheduled 30 day basis. If I am jointly obligated on the Sales Contract with a Co-Buyer, and we have both sighed <br />the request for Credit Life insurance, [kith benefits will be payable onh with respect to the first one of us to die. Subject to exclusions, eliminations or waiting period stated <br />in the insurance policy or certificate, Credit Accident and Hearth Insurance is fur the benefit amount of 1130th of each month's paymentforeachday mat am totally disabled <br />due to an injury or sickness while I owe any payment to you: how-cyer, I understand that I have to be prevented from working due to such total disability for more than four- <br />teen (14) consecutive days before the insurance benefit is paid back to the first day of my total disability. I also know that I cannot obtain any Insurance from you t<I <br />�7,-bcd OYer"y" a of tine todayte onn thtilve be tf bithnce company, I will receive a r-_€und of the insurance premiums 1 have paid. <br />RLNER: The [text two paragraphs contain warranties rehio%t to this sale given by us to the financial institution or bank in order for it to buy this contract. <br />SELLER'S WARRANTIES AND ASSIGNMENT OF iNSTALLMEENT SALES CONTRACT AND TGAry� <br />FOR VALUE RECEIVED. Setter hereby, sells, w siggnsm conveys, tramien and delivers itimpicannaymna I M l <br />1 Assigrrx) all of its righu, title and imerest in and to file fnstatiment Salts Contract and Rfurtgage, together with all liens existing to secure its payment, amt the property <br />etrumbered hereby. Assignee is trereby stsbstrtuted as tittrrtgagte under the Mcmgage proviswns of [his contract. Seller watrim s and represents; (1) It has the right to snake <br />this assrgnneat: l l Aft stataoeras and figures rn this conceit[ and m the ftuyer's stvtemeot are materially we and correct: (3) This contract arose from the bona fide sale <br />of the goods aid services described heron; (4 t The cashdos- npavmrnt slaw ¢ in this contract was actually paid by Buyer and no part of said downpayment was loaned di- <br />recdy or radifectiv by Seller to 6uper: r t) Each Buyer is kgalty cv.npednt to centrocr, (61 This contract is not and will not be subject to any claim, defense, demandorright <br />of offer fn Tttt execution of this cuntran aid the utedrrlytng saes tra¢sacuan giving rise thereto did not violate any federal or suite law, directive, rule or regulation now <br />as effect: (R) In tree event that his contras rx the uttdert},ng Saks transition is subject co a right of rescission or cancellation by the Buyer, such rescission or cancella- <br />tionperiodhasexpiredandneitherlt��aleraxrotsaintrrttsatie¢ car +ceteti «rescinded.TNISCOKfRACT IS SOLD BY SELLERWITNOUTRECOURSE. <br />IN Y WHEREOF. the undersigned is an audionred representative of the Seller and has signed below on behalf of the Seller on this <br />dry of �MOtit:^!a- _..- .,_.._--- --- --- .- ._.._...- --- -- .iVV.Z. <br />The forgoing uk-un me`nt-as acknowledged before me <br />by the authorized agent of Seller who is ttiUMA L— _tt%'; <br />btvommrsswn exjntts; _, <br />Sant apTaaT- frttt•atarttla <br />t. - ��.rrSiCr �TittnQW .— <br />y My Ccaat Exp. Dac. 12 kSt7 <br />Y� � <br />PACESETTER PRODUCTS, INC. isan.r! <br />Bt <br />I <br />NJ'[. <br />r <br />
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