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a�- 105N79 ADDIT40NALITERMS
<br />PREPAYMENT AND A ..CRVAI.OFTHE FINANCE CHARGE: Even though I do not have to pay more than the re ular scheduled monthly payment, I have the right
<br />to prepayy the whole amount owing to yyou in full at any tints or in pan from time to tints. If the lending institution or bank that buys my contract computes the finatic0charge
<br />t4tdy,1 know my PSnance charge will be less if 1 make an early payment, and it will be higher it' 1 pay Inte: I also recognize that any necessary adjustment to my ttNal firtance
<br />f P A ale Price eg[i•
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<br />1 ow r t u tax wont reverse side.P'or the Finance bar e, t
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<br />on the assumption that you will receive each of the payments exactly nn its due date: soil l know that there will be no refund tf I prepay becausa there is farthing
<br />to refund if 1 am charged on a dotty basis• If the lending institution ur book th>es tbl Fpmpute the finance charge daily, and if, I prepay the what¢ amatnt, ytw will tefutul
<br />to me rho urtearrt�ed pnnitm of [he rname charge linterest) by the accounting pmcW.- known ax the actuarial method; and the amount of my rebate will be figured oq Nte
<br />schatlotd flares atui amounts tN my tnanthly payment and na put hetual da[as and amounts of the prepayments that 1 pay to you • I know that a refund of less than $I .IIE
<br />will tax be rnade.
<br />IMPORTANT NOTICE ABOUT WARRANTIES:
<br />Wit n BE
<br />LLER HEREBY DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, OF MERCHANTA-
<br />ANO FITNESS FOR A PARTICULAR PURPOSE ON ALL GOODS AND SERVICES UNLESS MLER FUR -
<br />NWNIS BUYER WITH A SEPARATE WRITTEN LIMITED WARRANTY OR SERVICE CONTRACT MADE BY SELL -
<br />EK ON ITS OWN BEHALF (WHICH, IF MADE, ACCOMPANIES THIS CONTRACT).
<br />(b) I have read, in detail, the separate "10-YEAR LIMITED WARRANTY" which, if made. accompanies this contract. It explains the conditions and circumstances
<br />inwhich ftwanufactured products will be repaired orreplaced. I take notice of the limitations on the warranty, and 1 particularly recognize that any implied warranty which
<br />applies tothegoo assonlyaslongasthewarrantyorservicecontract.
<br />(c) I have read, in detail, the separate "LIMITED INSTALLATION WARRANTY" which, if made, accompanies this contract. It explains the conditions and cir-
<br />curnstunces in which the installation of the siding will be redone. I take notice of the limitations on the warranty, and 1 particularly recognize that any implied warranty which
<br />applies to the installation a" sW o- nlyaslongasthewarran tyorserviceccntract.
<br />SPECIAL -ORDER GOODS: l know that you have measured my house and its openings so that you can make the products to fit my particular house. I take notice that the
<br />goods that are manufactured for my specific house.probably will not fit any other houses, and under such conditions. I know that I cannot cancel this contract at any time
<br />afterthe period of time given to me, by law, in which to cancel. After that legal period of time, I know that 1 have the obligation to pay you in full the amount owed.
<br />OBLIGATIONS PERTAINING TO PROPERTY INSURANCE AND MY REAL ESTATE: 1. 1 promise to keep my house in good repair and to keep it insured for
<br />at least 80% of its replacement value by buying afire and extended coverage insurance policy. The insurance company must be a fmved by you, and the policy must have
<br />a beneficiary clause which says that you are to be paid if there is a loss. The insurance company must agree that it will not cane my policy without first telling you. I au-
<br />thorize the insurance company to pay you directly for any loss. You can choose to use this insurance payment to either repay any amounts I owe you or to repair my house.
<br />I have the option of providing property insurance through an existing policy or through a policy independently obtained and paid for by me. 2. [also promise that Kill n,
<br />allow anyone else to place any liens on my real estate without your written permission. 3.1 promise to pay, all taxes, assessments and other charges on my real estate when
<br />due. 4. 1 promise to timely make all payments on my prior loans secured by my real estate. I also promise that I will not extend, renew or change prior loans without your
<br />written permission. 5. If 1 do not insure my house or fulfill my other obligations to my real estate, then you can do it forme if you want (but you do not have to). If you do
<br />ppaay any of these obligations for me; I agree to pay you back on demand plus interest at the highest lawful contract rate of interest. Until I pay you back; these amounts will
<br />be added to my debt to you which is secured by my real estate and house. I know that if you decide to buy insurance for me that you do not have to obtain any homeowner
<br />or liability insurance.
<br />SALE OF MY HOUSE: I promise not to sell, lease orgive my house to anyone until I have fully repaid my debt to you.
<br />DUE ON SALE: If 1 sell• tease or give my house to anyone before 1 have fully paid all I owe under this contract, you can declare all that 1 owe under this contract payable
<br />at once and 1 agree to immediately pay you that amount.
<br />DEFAULT: I will be in default under this contract if:
<br />1. 1 don't make a payment when due; or
<br />2. 1 break any promise I made to you in this contractor
<br />3. Something else happens which causes you to believe in good faith that I do not intend to pay you as promised; or
<br />4. 1 default on any obligations for which I amusing my home as collateral; or
<br />5. Something happens to my house which threatens your rights, if any, in it.
<br />IF I AM IN DEFAULT: I understand that you have the right to foreclose the Mortgage 1 have given to you and have my house sold to repay any amounts I owe you if
<br />am in default under this contract. Before my house is sold, you will do everything that the law requires. If you hire an attorney to assist you to sell my house• or, to sue rte,
<br />or, to protect your rights. I agree to pay you for your reasonable attorneys fees and for other related expenses such as court costs, title searches and money you expended
<br />to protect my house, if you are allowed tocollect such amounts by law.
<br />OTHER RIGHTS: We can choose not to enforce any of the eights under this contract as often as we wan[ without losing them. Or, we can delay enforcing any of the rights
<br />without losing them. We can also use any rights now or in the future given to us by law.
<br />DELAYS: I know that you will use your best efforts to install the products I am purchasing on my house, but I also understand that in some situations you may encounter
<br />delays that are caused by strikes, weather conditions, delays you have in obtaining materials, or for other reasons that are beyond your control. 1 understand that you will
<br />not be liable for such delays.
<br />ARBITRATION: If I have a dispute or claim with you concerning the quantity, quality or performance of the products, l understand that my dispute maybe submitted to
<br />and settled accordin$ to the mediation- arbitration program that may have developed in my community. I also know that any decision made by an arbitrator(s) would be en-
<br />scrod in the court having jurisdiction over me and you.
<br />SALVAGE VALUE: 1 know that the windows, woodwork, siding, brick and other materials that have to be removed by you for this installation have NO salvage value.
<br />When you remove them, you can have them for whatever purpose you want.
<br />SPECIAL SITUATIONS: Due to the uniqueness of some of the products that you sel1.1 understand that in special situations that your Regional Office may have to review
<br />and accept this contract. I also understand that this sale occurred in my home and that you and 1 may not have had all the correct information important to this transaction
<br />at our fingertips; l give you my consent to correct any obvious errors that may have occurred when the blanks in this contract were completed.
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