|
ADDITIONAL TERMS 86-100635
<br />r
<br />s
<br />pa !'REPAYMENT AND ACCRUAL OF THE FINANCE CHARGE: Even though 1 do not have to Dory more than the regular scheduled monthly payment,l have iht
<br />- right to prepay the whole amount owing to vow in full at any time or in part from time « t time. If the lending institution or bank that buys my, contract computes the finance
<br />i io charge daily, I know my finance charge will helm if 1 make an early payment, and it will be higher if 1 pay late: I also recognize that any necessary adjustment to my tt;al
<br />finance charge will be reflected in my final bill; l also know that the amounts shown on the reverse side for the Finance Charge. Total of Payments, and the Taal Sale Putt
<br />we estimates based on the assumption that you will receive each of the Payments exactly on its due date; and I know that there will be no refund if 1 prepay because there
<br />is nothing 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 I prepay the whole amount, you
<br />.. will refund to me the unearned portion of the finance charge (interest) by the accounting procedure known as the actuarial method; and the amount a my rebate will be
<br />find on the scheduled dates and amounts of my monthly payment and not on the ,ctual dates and amounts of the prepayments that I pay to you. I know that a refund
<br />oikss than $1.00 will not be made.
<br />I POR t17jjanu 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)1 have read, in retail, the separate "LIMITED WARRANTY" which accompanies this contract. It explains the conditions and circumstances in which the man-
<br />0 daettsred products will be repaired or replaced. l take notice of the limitations on the warranty • and 1 particularly recognize that any implied warranty which applies to the
<br />goods lasts only as long as the warranty or service contract.
<br />Z 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 noise that the
<br />Z goods that are manufactured for my specific house probably will not fit any other houses, and under such conditions. I know that feannot cancel this contract at any time
<br />r after the periodoftimegiven to roe, by law, in which to cancel. Afterthat legal period of time, I know that I have the obligation to pay you in full the amountowed.
<br />?r OBLIGATIONS PERTAINING TO PROPERTY INSURANCE A;SD MY REAL ESTATE: 1. 1 promise- w keep my (muse in good repair and in keep
<br />Z it insured for at leas. 80% of its r`placement value by buying a fire and extended coverage insurance policy. The irourance company must be approved
<br />D by you, and the policy must hate a heneficiary clause which says that � -ou are to he paid if there u a loss. The insurance company must agree that
<br />Zit will not cancel my policy without first telling sou. I authonze the unurtn-c company to pee eou direct!% for any lose You can choose to use this
<br />insurance payment to either repo} any amounts I owe you or to repair im house. I have the option of providing property insurance through an existing
<br />D policy or through a policy independently obtained and paid !or by me _. 1 also promrne that I will not allow amone e)se to place am lice, on my real
<br />estate without your written permission. 3. 1 promise at pas all taxes. assessments and other charges on nn real estate when due. 4. 1 pro,, s to timely
<br />Z make all payments on my prior loam secured by rim' read estate. IJcn promise that I will not extend. anew or change prior loans without :our written
<br />C11 permission. 5. If 1 do not insure my house or fulfill nry other ohlivanons to ntv real estate. then you can do it for me if you want !but you do not
<br />eve to). If you do pay any of the, obligations for me. 1 agree io pa) sou haA on demand plus inter st at the highest lawful contract rate of interest.
<br />Until 1 pay you back. these amrums will hk added to my dehi u> you which n secured by nn read estate and hoosc I know that if you decide to nu:
<br />insurance for me that you do not have to obtain am homeoxvner or liafiiht_v insurance.
<br />'J SALE OF MY HOUSE: I promise not to sell, lease or give my house to anyone ontil 1 have fully repaid my debt to you.
<br />Z DEFAULT: I will be in default under this contract if
<br />1. 1 don't make a payment when due: or
<br />_. 1 break any promise 1 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 />S. 1 default on any obligations for which 1 am using my home as collateral; or
<br />5. Something happens to my house which threatens y our rights. if any. init.
<br />IF I AM IN DEFAULT: 1 understand that you have the right to foreclose the 'Mortgage I have given to you and have my house sold to repay any amounts I owe you if I
<br />am in default underthis 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. 1 agree to pay you for your reasonable attorneys fees and for other related expenses such as court costs, tide searches and money you expended
<br />to protect my house, if you are allowed to collect such amounts bylaw.
<br />OTHER RIGHTS: We can chaise not to enforce any of the rights under this contract as often as we want 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 bylaw.
<br />DELAYS: 1 know that you will use your best efforts to install the products I am purchasing on my house, but 1 also understand that in some situations you ma •• 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. i' 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, I understand that my, dispute may be submitted to
<br />and settled according, to the mediation - arbitration program that may have developed in my community. I also know that any decision made by an .arbitrator(sl would be en-
<br />tered in the court having jurisdiction over me and you.
<br />SALVAGE VALUE: 1 know that the windows, woodwork, and other materials that have to he removed by you for this installation have NO salvage value. When you re-
<br />move 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, t understand that in special situations that your Regional Office may have to review
<br />and accept this contract. 1 also understand that this sale occurred in my home and that you and I may not have had all the correct information important to this transaction
<br />at our fingertips:I give you my consent incorrect any obvious errors that may have occurred when the blanks in this contract were completed.
<br />INVALM PROVISIONS: if any provision of this contract violates the law and is unenforceable, the rest of the contract will be valid. If any part of this contract requites
<br />payment of more interestihan the law permits, then you will only have the right to collect from me the amount of interest which the law allows you tocollect.
<br />COMPLETENESS OFTAI9 CQ ACT- This contract can only be chanced if Milt you anti 1 a —e h ,,,.i'v.
<br />1�
<br />N
<br />��l
<br />
|