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NUTIGI: This credit contract finances a purchase. All legal rights which the Buyer has against the Sailer arising 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 vusim is a legsily wend reason lot aping the smiler. A defense is a legally vaiid reason for not paying the Soler. A holder is anyone trying to collect for the purchase. INSURANCE CANCELLATION: If I have requested insurance in this purchase, I may cancel such request for inritrance for any reason within fifteen (15) days from the f date of this a:ontrac! by notifying you or the holder of this contrart in writing. i know that the cancellation of my coverage will be arranged with the insurance carder(s) and a full refund of my premium s) together with applicable finance charge will be credited to this contract. PLEASE NOTE. if l have requested insurance in this purchase, l will receive within thirty (30) days a certificate of insurance more fully describing the insurance coverage. 1 know that if there is any conflict in the coverage or the language of the certificate of insurance and the following Notice of proposed Insurance that Iam covered only to theextent stated in the following Notice of'Proposed Insurance. I also know that l have insurance coverage only if[ have been charged forit. 103530 NOTICE OF PROPOSED INSURANCE 87-- 1 take notice that either Credit Life orCredit Accident and Health Insurance, or both, will be applicable to this Sales Contract on the reverse side only if I have chosen it by signing the request for such insurance. This insurance will only cover the person signing the request at the cost for each type of insurance shown. Subject to acceptance 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. I understand that this particular insurance ma� not provide coverage for my last few payments, and that during that period of time 1 will not have any huu! lace coverage. All benefits and proceeds of: insurance wi i be ppaid to you or to a financial institution or a bank if it purchases the Sales Contract to the extent of its intercam and any balance will be payable to me. The initial amount of Cnniit Life Insurance is the amount required to repay the Total of Payymmeents; thereafter, the insurance decreases by 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 signed the request forCredit Life Insurance, death benefits will he pa able only with respect to 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 Insurance is far the beneft amount of 1130th of each month's paymentfor each day that I am totally disabled due to an injury or sickness while 1 owe any payment to you; however, h understand that I have to be 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 you if 1 arts over 65 yens of age today, and 1 sfso know that the insurance coverage provided to me may trontain a maximum amount of coverage tvh4h vest not pay (n some cases, the endre amount that I owe you. Dut m the maximum amount of coverage stated in the insurance policy,) know that any unpaid amount in excess of the insurance coverage will still have to be paid. If the Sales Contract is prepaid in full print to the last payment date, any unearned insurance premiums will berefunded m me inthe man- ner juescribed by law. W ithirz thirty (30) days, I will receive the certificate of insurance more fully describing my insurance coverage. If [he insurance is not accepted by fire insurance company,) wil! receivz a refund of tht insurance premiums 1 have paid. BUYER: The next two paragraphs contain warranties relative to this sale given by us to the financW institution or bank in order for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT ES CONTRACT AND MORTGAGE FOR VALUE RECEIVED, Seller hereby sells, assigns. conveys, transfers and delivers to g 10/1 Cif) !lam i -.. (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, together with all liens existing to set its paypment, and the property encumbered hereby. Assignee is hereby substituted as Mortgagee under the Mortgage provisions of this contract. Seller wiiirants and represents; (l) It has the right to make this assignment; (2) AI! statements and figures in this contract and in the Buyer's statement are materially We and corm[; (3) This contract arose fro m the bona fide sale mf the goods and servicts described herein; (4) The cash downpayment shown in this contract was actually paid by Buyer and no part of said downpayment was loaned di- ttetly or indimtly bySeller [o Buyer, (5) Each Buyer is legally competent to contract: (6) This contract is not and will not be subject to any claim, defense, demand orright of offset; (7) The execution of this contract and the underlying sales transaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now in effect•, (8) In the event that this contr act or the underlying sales transaction is subject to a right of rescission or cancellation by the Buyer, such rescission or caricella- tionperiadhasexpiredandnei !lierthe northiscontracthasbeenLan cel )edorre scinded.TRISCORTRACTISSOW YSEUERWnoOTRECOURSE. IN TESTIMONY WHEREOF, the undersigned is an authorized representative of the Seller and has signed below on behalf of the Seller on this I day of The foregoing instrument was acknowledged before me on _ PACESETTER PRODUCTS, INC. (sow) J wYUL_ I l , 19__L. By by the agent of Seller who is _ My commission on a expires: aft;t.nA i0T47-u[Ytr WRdxx a ouuy Public egeabl w,rss VO � .A * a ffl;1M'i