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The toll;wIng roitick bRnys tr; my ane.ntion fhe right, that I bave even when this contract is sold io a financial institution or a hank, r.nd 1 shm,ld notice that the itnpnr- tance of this prr,.boon k stre€std by its' ppeartmre in ten point, fold Luce tyrw 87— NOTICE 103423 This credit contract finances a purchase. All legal rights which the Buyer has against the Seller arl!0ng out of this transaction, Including all claims and defenses, are also valid against any holder of this contract. The right to recover money from the holder under this provision Is limited to the amount paid by the buyer under this contract. A claim is a legally valid reason for suing the Seiler. A defense is a legally valid reason for not paying the Seiler. A holder Is anyone trying to coilect for the purchase. INSURANCE CANCELLATION: If I have requested insurance in this purchase, 1 may cancel such request for insurance for any reason within fifteen (15') days from the date of this contract by notifyying you or the holder of this contract in writing 1 know that the cancel lation of my coverage will be arranged with the insurance carrier(s) are A full refund of my premmm(s) together with applicable finance charge will be credited to this contract. PLEASE NOTE: If I have requested insurance in this pare base. I will receive within thirty (30) days a certificate of insurance more fully describing the insurance coverage. 1 know that if there is sin conflict in the coverage or the language of the certificate of insurance and the following Notice of Proposed Insurance that 1 am covered only to the extent stated in the following Notice of proposed Insurance. I also know that I have insurance coverage only if i have been charged for it. NOTICE OF PROPOSED INSURANCE 1 take notice that either Credit Life or Credit Accident and Health Insurance, or both, wil I be applicable to this Sales Contract on the reverse side only if 1 have chosen it by signing the request for such insurance. This insurance will only cover die perum signing the request at the cost for each type of insurance shown. Subject to acrept� net by the insurance company, the insurance will be effective as of today and will continue only for the number of months after the effective date equal to the number of monthly payments. 1 understand that this particular insurance may not provide coverage for my last few payments, and that during that period of time 1 will not have any insurance coverage. All benefits and proceeds of the insurance will be paid to you or to a financial institution or a bank if it purchases the Sales Contract to the extent of its interests and any balance will be payable to me. The initial amount of Credit Life Insurance is the amount required to repay the Total of Payments; thereafter, the insurance decreases by the amount of each monthly payment on a scheduled 30 day basis. If 1 am jointly obligated on the Sales Contract with a Co- Buyer, and we have both sighed the request fin-Credit Life insurance, death benefits will be payable only with respect m the first one of us to die. Subject to exclusions, eliminations or waiting period stated in the insurance policy or certificate, Credit Accident and Health f nsurance is for the benefit amount of 1 /30th of each�month's payment for each day that I am totally disabled due to an injury or sickness while I owe any, payment to you; however, I urdersumil that I have to he prevented from working due to such total disability for more than four- 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 yon if l On, over 65 years of age today, and 1 also know that the insurance coverage provided to me may contain a maximum amount of coverage which will not pad• In tease cats, tbeent re amount that 1 owe you. Due m the maximum amount of coverage stated in the insurance policy. I know that any unpaid amount in excess of the insurance coverage will still have to he paid. It the Sales Contract is prepaid in full prior ro the last payment date, any unearned insurance premiums will be refunded to me in the man- o" prescribed by lo%. Within thirty (30) days, I will receive the certificate of insurance more fully describing my insurance coverage. if the insurance is not accepted by the insurance company, I will receive a refund of the insurance premiums I have paid. BUYER: The next two paragraphs contain warranties relative to this sale given by us it) the financial institution or bank in order for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMEN,)' SA ,S CONTRACT AN MORTG MR VALUE RECEIVED, Seller hereby sells, assigns, conveys, transfers and delivers to �% (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, together with all liens existing oo cure its aytnent, and the property encumbered here b�•. Assignee is her cb substituted as Mortgagee under the Mortgage provisions of this contract. Seller warrants and represents; (1) It has the right to make this assignment: statetttents and figures m this contract and in the Buyer's statement are mntenaily true and correct; (3) This contract arose from the bane fide sale of the gaols sod services Described herein: (41 The cash Jownpaynient shown in thus contract was acma"' paid by Buyer and no part of said downpayrnent was loaned di- rect! or indirectly by Seller to Buyer. (5) Each Buyer is legally competent to contract, (b) This contract is not and will ran tit subject to any claim, defense, demand or right of offset; (7) The execution of this contract and the underlying sales transaction giving use therein did rot violate any federal or state law, directive, rule or re gulation now in eKcer (BI in the event that this ewrtrart nr the underlying salts transaction is subject to a right of rcxission or cancellation by the Buyer, such rescission oreaneella- tion penod has expired and neither the sale nor this contract has (+ten cancel led or ras,.adeJ. THIS CONTRACT IS SOLD Bt SELLER WITHOUT RECOURSE. IN TESTI ONY WHEREOF, the undersigned is an authorized representative of the Seller and has signed below on behalf of the Seller on this Jay of The foregoing instrument was acknowledged Wore me on __- _ ._ _ _ _ - PACESETTER PRODUCTS, INC. (salter) by the authorized agent of Seller who is My commission expires: / "ikMrlptxQtaRY "'ilTiirl<' tea -- +I�n Rthic - ..�� —� JESSIE C. GIL13OW MY camw. Eta. Dec 12. 1987 us" SWAM YA>P +W1kiMAAl1IM1 1 llkf ,w gram V3 mo*v-