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87-- 108831 ADDITIONAL TERMS
<br />PREPAYMENT AND ACCRIIAI.OF THF. FINANCE CIIARGE: Even though I du nut have to pay more than the reguhar scheduled moodily payment, I have the right
<br />to prepay the wJole amount owing to you in full at any time nr in part from time w time. If the lending institution or hank that buys my contract computes the finance charge
<br />daily. I know my' finance rhatge will he less if I maki an early payment. and it will he higher it'! pay late: I also recognise that anyy necessary adjustment to my total finance
<br />charge will be reflected in my final hill; I also know that the amoutus shown on the reverse side for the Finance Charge, Total of Payments, and the -loud Sale Price are esti-
<br />mates based on the assumption that you will receive each of the payments exactly on its due date; and 1 know that there will he no refund if I prepay because there is nothing
<br />to refund if I am charged on a daily basis. if the lending institution or bank does not compute the finance charge daily, and if 1 prepay the whole amount, you will refund
<br />to me the unearned portion of the finance charge (interesl) by the accounting procedure known us the actuarial method: and the amount of my rebate will he figured on the
<br />scheduled dates and amounts of my monthly payment and not on the actual dates and amounts of the prepayments that I pay to you. 1 know that a refund of less than $1.00
<br />will not be made.
<br />IMPORTANT NOTICE ABOUT WARRANTIES:
<br />(a) We as SELLER HEREBY DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, OF MERCHANTA-
<br />BILITY AND FITNESS FOR A PARTICULAR PURPOSE ON ALL GOODS AND SERVICES UNLESS SELLER FUR-
<br />NISHES BUYER WITH A SEPARATE WRITTEN LIMITED WARRANTY OR SERVICE CONTRACT MADE BY SELL-
<br />ER 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 />in which the manufactured products will he repaired or replaced. 1 take notice of the limitations on the warramv. and I particularly res.,gnize that any implied warranty which
<br />applies to the gto3TnsTmly as long as the warranty or service contract.
<br />to I have read, in detail, the separate -LIMITED INSTALLATION WARRANTY" which, it made, accompanies this contract. It explains the conditions and cir-
<br />cumstances in which the installation of the siding will be redone. 1 take notice of the limitations on the warranty, and 1 particularly recognize that tiny implied warranty which
<br />applies to the installation F% s nn y as long as the warranty or service contract.
<br />SPECIAL - ORDER GOODS: I 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 1 cannot cancel this contract at any time
<br />after the periodof time given to me, by law, in which to cancel. After that legal period of time. I know that I 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 to good repair and to keep it insured for
<br />at least 80% of its replacement value by buying a fire and extended coverage insurance policy. The insurance company must be approved by you, and the policy must have
<br />a beneficiary clause which says that you are to n
<br />be paid if there is a loss. The insurance company must agree that it will not cancel my policy without first telling you. 1 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 1 owe you or to repair my house.
<br />have the option of providing property insurance through an existing policy or through a policy independentl obtained and paid fix by me. 2. 1 also promise that I will not
<br />allow, anyone else to place any liens on my real estate without your wri tten permission. 3. 1 promise to pay al � taxes, assessments and other charges on my real estate when
<br />due. 4. 1 promise to timely make all payments on Illy prior loans secured by my real estate. 1 also prmmse that 1 will not extend, renew, or change prior loans without your
<br />written permission. 5. if I do not insure my house or fulfill my other obligations to my real estate, then you can do it for one if you want thin you do not have to). If you do
<br />pay 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 1 pay you back, these amounts will
<br />be added to my debt to you which is secured by my real estate and house. 1 know that it' 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 or give my house w:myone until l have fully repaid my debt to you.
<br />DUE ON SALE: If I sell, lease or give my house to anyone before I have fully paid all I owe under this contract, you can declare all that I owe under this contract payable
<br />at once and I agree to immediately pay you that amount.
<br />DEFAULT: I will be in default under this contract if:
<br />I . I don't make a payment when due; or
<br />1 1 break any promise l made to you in this contract: or
<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. I default on any obligations for which l am using 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: 1 understand that you have the right to foreclose the Mortgage I have given it) ou and have my house sold to repay any amounts I owe you if I
<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 me,
<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, of you are at lowed to collect such amounts by law.
<br />OTHER RIGHTS: We can choose not to enforce any of the rights under this contract as often as we want without lasing 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 1 am purchasing on my house, but 1 also understand that in some situations you may encounter
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<br />Mays 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 />notbe liable forsuch delays.
<br />ARBITRATION: If 1 have a dispute or claim with you concerning the quantity. quality or performance of the products, 1 understand that my dispute may be submittedto
<br />P Y q Y 9 Y Pe P P y
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<br />and settled according to the mediation - arbitration program that may have Developed in my cummunit_v. 1 also know that any decision made by an arbitrator(s) would be en-
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<br />tered 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 sell. I 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 an my home and that you and I may not have had all the correct information imporiam to this transaction
<br />at ourfingertips; lgwoytwmyconsenttocorrectanyobviouserromt hatmayhavemeurredwhentheblanksinthiscontractwere completed. -
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