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86101958
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Last modified
10/18/2011 9:37:25 AM
Creation date
3/31/2008 2:19:21 PM
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DEEDS
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86101958
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paymRntolmoreinterest !hall Mei4wpem"I's, r u+i acyrasC[ r <br />t 17-111 Pit, •� am,ran i - ;u; :tr, -, noon i .tn. :w•w•u i —o 1nea. <br />CO.M PI. ETFNE.SSOt TH IS CONTRACI : f + wllra.i c an .ally her A 11 s sc 1 in ama. <br />The following notice hnngs to my attentt n the rights teat I have eNen when th .ontracl :, ".::.. a fntanaai Sri utuuon ry a hank. and 1 should notice that the tmpor- <br />tameofthisproc isionisscrnszdh yitsappevanc :+ntenprnur tx,ldrac ,.pc. QS� 10:19 <br />tame <br />NOTICE <br />This credit contract finances a purchase. Ail legal rights which the Buyer has against the Seller arising <br />out of this transaction, including all claims and defenses, are also valid against any holder of this contract. <br />The right to recover money from the holder under this provision is limited to the amount paid by the buyer <br />under this contract. <br />A claim is a legally valid reason for suing the Seller. A defense is a legally valid reason for not paying <br />the Seller. A holder is anyone trying to collect for the purchase. <br />INSURANCE CANCELLATION: If 1 have requested insurance in this purchase, i may cancel such request for insurance far any reason within fifteen (15J days f um the <br />date of this contract by notifying you or the holder of this contract in writing. I know that the cancellation of my coverage will he arranged with the insurance carriers) and <br />full refund of my premiumts) together with applicable finance charge will be credited to this contract. <br />PLEASE NOTE: If 1 have requested insurance m this j ❑lurch eve, l will reedier within thirty + 't days a cenificate of insurance more tu',iv describing the insurance coverage. <br />I know theeaent�liated there tthe follow conflict <br />g Nonce of Propose <br />I also know cthattI have msuriice coverage only t 1 ll x r Notice <br />een c harped for Insurance that i am covered only to <br />NOTICE OF PROPOSED INSlJRANCE <br />I take notice that either Credit Ldc im Credo Accident and Health insurance, or both, will be applicable t i this Sales Contract on the reverse side only if I have chosen <br />it by signing 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 ucep�anee <br />by the msuraoce company, the insurance will be effective as of today and will continue only felt the number of months after the effective date equal to the number of <br />monthly payments I understand that this particular insurance may not provide coverage for my last few payments, trod that during that period of time I will not have any <br />insurance coverage. All benefits and prcx•eeds of the insurance +gill be aid to you or u+ a financial institution or a hank if it purchases the Sales Contract to the extent of its <br />interests and any balance will be payable to me. The initial amount of Credit Life Insurance i- the amount required to repay the Total of Payments: thereafter, the insurance <br />decreasrs by the amount of ea h monthly payment on scheduled ±0 day base. If i am �mintly obligated on the Sales Contract with a Co-Buyer. and we have both signed <br />the request l'orCredn Life Imurance, death hrnriits will fie payable only with respect u+ the first nor cat us to de Subject to exclusions. eliminations or waiting period stated <br />in the insurance policy or certificate, icate, Credit Accident and Health Insurance is for the benelit amount of 1 30th of each month's payment for each day that [drill totally disabled <br />due to an injury or sickness while I owe any payment t t you: howrver. I understand that I have to he prevented from working due to such total disability, for more than four- <br />teen i 14) cunsecuhce days before then urance bx refit is paid back to thr. tint day of my total disabi lit ),. I also know that I cannot obtain any insurance from you if t <br />am over 65 years of age today, and I also know that the insurance coverage provided to me may contain a maximum amount otcoverage whkh will not pay m some <br />cases, the entire amount that I owe you. Due to the maximmn amount of coverage stilted in the in <br />policy, i know that any unpaid amount in excess oft z insurance <br />coverage will still have tc. be paid; If the Sales Contract is prepaid in full prior to the last pax i ent date, any unearned insurance premiums will be refunded to me in the nian- <br />nerprm -ribed by law. Within thirty i30) days i will recery the. certifi .etc if insurance me r v describing illy insurance coverage. if the insu ce is not accepted <br />the insurancecompany, l will receive a refund of the insurance premiums I h.n e pod 1 /� %i fl (t 7! t <br />BUYER: The next two paragraphs contain warranties relative to this salegisenb}us!nthCtdancllia m: a nor ban tnord r lobuyt tsconv et. <br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT ALES O TRACT AND MO TGAGE <br />FOR VALUE RECEIVED. Seller hereby sells. assitm. �onvevs, transtera and dclivc s k: r - —� � <br />(Assigneet all of its rights, title and interest m and to the Installment Sales Contract rid Monf ace, together with all liens existing to sec its payment, and the property <br />encumbered hereby. Assignee is hereby substituted as Mortgagee under the <br />Mortgage provisions of this contract. Sella warrants and repre. drill; 1) It has the right to make <br />this assignrnen1, t2 AI! statements and figures in this contract and in the Buyer's statement are inatenaliv true and correct. (31 This contract arose from the bona fide sale <br />of the gelds and ell tees described herzin: i4) Tlie cash dnwnpayment shown in this cony+ t w is actually paid by Buyer :aid no part of said downpayment was loaned di- <br />rectly or indirectly by Seiler to Buy rr. (' 7 Each Buyer u I gaily cnmpetrnt to cone act. ib i'f'hi . contract is not and will not be subject to any claim. defense, demand or right <br />of offset: !_, L, rxecurun of this contract and the undrrh'mg lairs iransactian gang rise thrreto did not violate any federal or state law' , directive, rule or regulation now <br />n efiecr, !gl In thr event that thu convect or the urderh ing sales Iran. ctinn + .uhien to a nghi cd rrscisn+n or cancellation by the Buyer. such rescission or cancella- <br />non penod has cxlnrrd zed neither the sale nor this eontraci hill tieerJ,c..n '•fled ++J.resyinded. TMi$ CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE. <br />:re i reprrs yve i f [hr .Seller and has signed helow nn 1, half of the Seller tin this —_- <br />iN TCSTIMONY W llER 01 the undcrvgned <br />day of _ i° <br />The toregcang outrun nt w a. edn wlydce:i nck re ills c n 7 . THE Pr�eE��TTER C.ORPORAT#�IN (Seuer7 <br />k r+ <br />L% <br />by theauthonTrctagent f Seiler who is <br />Mvcommtcsion expires <br />— r <br />�n kY <br />LI <br />If <br />t�f <br />
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