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IN%AIJV PKUVINIUNN: if any provision at vas i o ct vi„ arr,+nc ntw :m,i ""1 111 n.. :anc. uw Hsi • out ..,nun„ w,n ,a :.a...,. , ... p.aa ,.. .. _ ......._. ...,_...... payment of more interest than the law permit,, then v ,u will only have the ricf t tovoilect from tie the atnounl of tnterest which the how ,illows }nu to udlect. COMPLETENESS OF•'rliiS CONTRACT:'] "hu contrct can only be changed it Imth you and 1 agree in writing. 1 he following notice brings hi in) attention the rights that I have even wficn this contract is sold lu a financial institution or a hank, and I should notice that the impor- lance ofthis provision is strrssed by its appearance in tin {Hunt. lx+ld fare type: NOTICE 87-406851 This credit contract finances a purchase. All legal rights which the Buyer has against the Seller 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 claim Is a legally valid reason for suing the Seller. A defense Is a legally valid reason for not paying the Seller. A holder is anyone trying to collect for the purchase. INSURANCE CANCELLATION: If I have requested insu-:ut•e in this purchase. I nuts cancel such request for insurance for any reason within fifteen (15) days from the date of this contract by notifying you or the holder of this contract in writing. I know thin the cancellation of my cncemge will he arranged with the insurance carriers) and a full refund of my prernium(s) together with applicable finance charge will he credited to this con tract. PLEASE NOTE: If l have requested insurance in this purchase. l %,ill receive within thirty (30) days a certificate of Insurance more fully describing the insurance coverage. I know that :f there is any conflict in the coverage or the language of the certificate of insurance and the following Notice of Proposed Insurance that I 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 take notice that either Credit Life or Credit .Accident and Health Insurance. or both. will be applicable to this Sales Contract on (he reverse side only if I have chosen it by signine 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 I% effective as of ualay 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 mac nut provide coverage for on last few payments, and that during that period of time I will not have any insurance coverage. All benefits and proceeds tit the insurance will be paid to yvu 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.'1 he initial amount of Credit I -its Insurance is the amount required to repay the Total of Payments; thereafter, the insurance decreases by the amount of each monthly paymem on a scheduled 30 day basis. If I am 1ointly obligated on the Sales Contract with a Co- Buyer, and we have both signed the request forCredii Life Insurance. death benefhs will he parable only with respect to the first tine of its to die. Subject it) exclusions, eliminationsor waiting period stated in the insurance policN orcernficatc, Credit Accident and Health Insuraiice is for the benefit arriount of 1, 301hufeachmoraWs payment toreach day that Iam totally disabled due M an injury or sickneu while I owc an% payment !o you: however. I understand that I have to he prevented from working due to such total disability for more than four- teen ( la) consecutive days before the insurance henefit is paid back to the first day of my total disability. I also know that I cannot obtain any insurance from you if i am over 65 years of age today, and I also know that the insurance coverage provided to me may contain a maximum amount of coverage which will not pay in some cases, the entire amount that I owe You. Due to the maximum amount tit coverage stated in the insurance policy, I know that any unpaid amount in excess of the insurance coverage w ill still have In he paid. If the Sales Contract is prepaid in ful I prior to the last payment date. any untamed insurance premiums will be refunded to me in the man - ner prescribed by law. Wil gin thirty 130) days. I %v ill 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 premium, 1 have paid BUYER: The next two paragraphscontam warranties relative to this sale given be us to the financial institution or hank in order for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT SALE&CONTRACT ANQMQRTGAGE FOR VALUE RECEIVED. Seller herehy sell,. assigns. conveys. transfers and delivers to __ _fN k, rt A U X-4 A." yJ E_J L .CY t- L.4-W L;i- 4)rli (Assignee) all of its rights. title and interest In and to the Installment Sales Contract and Mortgage. together with all liens existing to secure its payment. and the property encumbered herebv. Assignee is hereb% substituted as Mortgagee under the Mortgage provisions tit this contract. Seller warrants and represents:( I) It has the right to make this assignment. (2) All statements and figures in this uxurect and in the Buyer's statement are materially true and correct. (3) This contract arose from the bona fide sale of the gotxis and services described herein: 0) 1 lie cash downpayment shown in this contract was actually paid by Buyer and no part of said downpayment was loaned di- rectl y or indirectly by Seiler to Buyer: (5) Each Busier is legally competent to contract: (6)'rhis contract is not and will not be subject many claim, defense, demand or right of ufyfset: (7) The execution of this contract and the underfymg sales transaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now in effect: RYIn the event that this contract or the under k; m •sales iransacuon !.� subject to a right of rescission or cancellation h � the Buyer, such r scission or cancella- tion f 6 i g t 3 Y e period has expired and neither the sale nor this core ra i has been, am cued it rest coded THIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE. � Q !N TESTIMONY WHEREOF. the undenigncd is an authorized representative of the Seller and has signed below on behalf of the Seller on this --�l- The foregoing instrument was acknnwdedged before nu• nn • I by the authorized agent of Seller who is u)_. t,7� THE PACESETTER CORPORATION (Seller) Mvcommissiunexpir gg A GENEWA k0 4Br q _ tagii. kW Cc' It r 12, . 237 r ry Punlic a _. ...., vac vanaasaa aa{ea WHI 2 $e.