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FA <br />r� <br />F <br />The following notice brings to my attertnon the rights that I have even when this contract is sold it) a financial institution or a bank, and i shiiuld noiiee itrar the aatspoi- <br />lance of this provision is stressed by its appearance in ten point, hold face tylc� <br />NOTICE <br />This credit contract finances a purchase. All legal rights which the Buyer has against the <br />out of this transaction, including all claims and defenses, are also valid against any holder of the <br />Me buyer <br />The right to recover money from the holder under this provision Is limited to the amount paid by <br />under Vft contract. <br />A claim Is a legally valid reason for suing the Seller. A defense is a legally valid reason for not paying <br />Seller, the A holder is anyone trying to collect for the purchase. <br />ENSVIRANCE CANCELLATION: If I have requested insurance in this purchase, I may cancel €u ch request for insurance for any reason within fifteen (15) daysfroroft <br />date of this contract by rastifying you or the holder of this contract in wiihin i know that the cancellation of my coverage will be arranged' with the insurance c sl Wall <br />afuitref ofilly mium(s)tong rwntha pplicablefinancechargewill credited to this contract. <br />!t ' 1r;, if have s insurance in thisttchitse,l will receive within thirty (3Q) clays a certificate of insurance more fully describing the i cover <br />i k i v con I ict in the coverage cc cite language of the certificate of insurance and the following Notice of Proposed Insurance that i alai covered curly to <br />t r allowing Notice of Prtiposed insurance.. 1 also know that I have insurance coverage only if 1 have been charged for it. <br />NOTICE OF PROPOSED INSURANCE """ 10 8l g <br />1 take notice that either Credit Line cot Credit Accident and Health Insurance, or txrth, will he applicable to this Sales Contract on the revcr*c stele b y if 1 have chcasen <br />it by sipin die roqu st for such insurance. This insurance will only cover the person signing the request at the cost for each type of insurance shown. Subject to acs.-e e <br />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 to o <br />monthly payments 1 unders tand that this particular insurance may not provide coverage for my last few payments, and that during that period (if time I will have my <br />insurance coveragc. All 1xtiefits and s of the insurance will be Vaid to you or to a tmanc:tal institution or a bank it it i,archases the Sales Contract to the extent of its <br />traciests and an balance will he payabic to me. 'rhe initial atnount of C redit life Insurance is they amount required to repay the'Total of Payments; thereafter, the insunuace <br />creases by thi amount of each monthly payinent on it scl<.eduled 3Q day basis. ITT am jointly obligated on the Sales Contract with a Co- Buyer, and we have booth %ignitail <br />the request for Credit Life Insurance, death benefits will tv payable only with respect to the first one of us to die. Subject to exclusions, eliminations or waiting period <br />in the insurance policy or certificatc, Credit Accident and Health Insurance is for the benefit amount of 130th of each nuonth's payment foreach day that I alit totally disabled <br />due to an injury or sickness white i owe any payment to you: however. 1 understand that I have to he prevented from working due to such total disability for motet four- <br />teen t 1 i) consecurive days before the insurance benefit is paid hack to the first day of my total disability. I also know that I cannot obtain any inmtrance if i <br />aim over 65 of y, and I alian know that the Insuram coverage provided io the may contain a maximum amount of coverage which wig not lay In Sam <br />eases, the entire amount that I owe you. Due to the inaximum amount of coverage stated in the insurance policy, l know that any unpaid amount in excess of the insurance <br />coverage will still have to be paid It the Sales Contrik t is [repaid in full prior to the last payment date. any unearned insurance premiums will he refunded ionic in the man- <br />arr prescrifxd by law. Within aturty + }t)a day I will receise ;fie certificate of insurance more fully describing illy insurance coverage. If the insurance is ntx accepted by <br />the insurance company, I will reccie a refund o( tic insurance premiums 1 have paid <br />- <br />I h f I t t t) h k in order for it to buy his contract <br />BUYER: R: `E'he next two paragra�Ms co>ntaan warrawics relative to this site given iy us h) t t m.mcta ms t u u n or . an y <br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT rSALES CON�T/R�A T AND PORT GE <br />FOR VALVE RFCF,1% VD- Seller hcrehy sells. assi ns. coinvess. tntnaters and delivers tcv �5t1_ �ri.� - -� �--J <br />(Assignee! all of its rights. title ank! interest in and it, the Installment Sales Contract and Mortgas,e. together with all liens existing to secure its *It nt. and the property <br />encumbered herebv .Assigner i, hrreh+ sulsslitute" .as Mortgiv e under the Mortgage provisions of this contract. Seller warrants and represents: has the right to make <br />this assignmcnr t �i All staternenis anti 'igures in this connaci and in the Buyer's statement are materially true and correct: (3)'This contract arose from the bona fide sale <br />tit the gtaods and services cost riled hetran. i 3?'fhe c ash duwnpa� meat shown in this contract was actually paid by Buyer and no part of said downpayment was loaned di- <br />reed)} of indirectly be Sc llcr to Buyer : [ Each Bever is legally competent to contract: (ai) This contract is not and will not he subject to any claim. defense. demand or right <br />of czf we 17? 'The excea ton of this sontra. t and the toikieriytng sales transaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now <br />in effect. if() to the event that this co,nmtki or the undctlti ing ;ales transaction as subtecl to it right of rescission or cancellation by the Buyer, such rescission or cancella- <br />tion peso d bias expired .arid neither the sale no >r this , onnact has hest: cancelled or rescinded. THIS CONTRACT IS SOLO BY SELLER WITHOUT RECOURSE. QQ <br />Iti fI::S 'I, ^N W'Ilt-:RF:(N . fix- undcrsip zed is an authorized representative of the Seller and has signed below on behalf of the Seller on this <br />das %If .._ _ _ ____ .19.. <br />The torcgoing instrunwitll %%as acknowledged heavec file on p_.. _.- THE PACESETTER CORPORATION (s~) <br />by the authc>rtted age itf Sel €ct who is <br />r s <br />07ML .J <br />