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86106540
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Last modified
10/18/2011 8:52:33 PM
Creation date
3/31/2008 3:30:08 PM
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DEEDS
Inst Number
86106540
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F <br />The f r>fdatat� notice brings to my attention the rights that 1 have even when this contract is sold it) a financial institution or a bank. and I should notice that the imptr- <br />tance of this provision is Wetted by its appearance in ten prnm. boW fame type: <br />NOTICE 86- 108540 <br />Thh) c di t contred tinancss a purclwrs. AM, legal rights' which the Buysr has against the Seller a%" <br />WA of the bra vlaon, Inckx rag all claims and dstsn0". We also valid opinst any holder of tt" <br />_ <br />The r*Mt to ---- money from the holder wxNr'this provision Is Hmlbd to the amount paid by t1w buyer <br />untdA Isla legally valid reason for suing Ow Seller. A defense Is a legally valid reason for not paying <br />the Se4w. "A holder is anyone Vying to'coNect for the purchase. <br />1INGLI 4WE CAWILLATI , If I live requested insurance in this purchase, I may cancel such request for insurance for any reason within fiftom (15) days from the <br />date ofd& contract by notifyiottt r the holder of this contract in writing. I know that the cancellation of my coverage wil l be arranged with the insurance carrier(s) and <br />afinlwfundof u xi with icablefmancechar ewillbecrediudto thiscontract. <br />t Z41I B NOT& if 1 have requested insurance in this purchase. I will receive within thirty (30) days a certificate of insurance more fully describing the insurance coverage <br />1 know that U there is an y tzniliet to the coverage or the lm[guage of the certificate of insurance and the folhnving Edwiee of Proposed Insurance tau 1 am covered only b <br />d Ccxteatsfated is the folkiwurg Noticeof Proposed Insurance. I alsoknow that I have insurance coverage only if l have been charged for it. <br />NOTICE OF PROPOSED INSURANCE <br />I take notice that either Credit Life or Credit Accident and Health Insurance. or both, will be applicable to this Saks Contract on the reverse side only if I have t9iesea <br />it by signing the bequest for such insurance. This insurance will only cover the p rstm signing the request at the cost for each type of insurance shown. Subject toaoceprtoe <br />by the bamranoe coropmy, the insurance will be effective as of today and will continue only for the number of months after the effective date equal to the number of <br />mouldy payments.1 understand that this particular insurance may not provide coverage for my last few payments. and that during that period of titoe I win tat have any <br />+xthtaatx All benefits and of the insurance war11 he paid m vow or to a financial institutwn or a bank if it the Saks Contract to the extent of its <br />interests and any bilimce will be payable to me. The initial amount of Credit Life Insurance is the amount requital to repay talof Psymem thereafter, the instaaire <br />deawas by the amoral of each monthly payment on a scheduled 30 day basis. If I am ntly obligated on the Saks Conran with a Co- Buyer, and we haw both signed <br />dtereyueat for Credit lift Insurance. death benefits will be payyable only with respect tot first one of us to die. Subject to exclusions. eliminations or waitingperioditaled <br />inthe tmauance policy orcertificate. Credit Accident and Heakh Insurance is for the benefit amount of 1 30th of each month's payment for each day that I amtotally dsobied <br />doe to an injury or sickness while I owe any payment to you: however. I understand that I have to be prevented fmm working due to such total disability for mom than fon- <br />due (14) corsecmtve days before the insurance benefit is paid back to the first day of my total disability. 1 also know that I cannot obnahe any btouraraa 11rom pas rl <br />antowrigyomoragetoday Mil labs know thee the iasmncecavetage provided tome auyconiaitanummnsatttm dofcoga wftichw■ttatpoymiame <br />eves, them- Mount that ) owe you Due to the maximum amount of coverage stated in the insurance policy, l know that any unpaidamount in excess of the ttsttattce <br />coverage will still have to be paid. If the Saks Contract is prepaid in full prior to the last payment date. any unearned insurance premiums will be refunded to me in the man- <br />ner prescribed bylaw. Within thirty (30) days, I will receive the certificate of insurance more fully describing my insurance coverage. If the insurance is not accepted by <br />the msneatrce company. I will receive a refund of the insurance premiums 1 have paid - <br />SUVEA:71he next two paragraphs contain warranties relative to this sale given by us to the financial institution or bards in order for it to buy this contr act. <br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLM T S LES T AND <br />FOR VALUE RECEIVED. Seller hereby sells, assiggnnss, coinveys, transfers and delivers to <br />fAarigox) elf of its rights, tick and interest in and to the' ra" err Sales Contract and tilottg together with all lirahs existing to its and the property <br />encumbered heresy . Asstgtee is hereby substituted as'vtatgagce under the Mortgage provisions of this contract- Seller warrants and rats; (1) It has the right to rtulce <br />this astignnsentM (Z) Ali stateme[ts and figum in this contract and in the Buyer's statement are maten, Iv tnu and corms: (3) This contract arose from the bona fide sale <br />of <br />I described lercm: (3) The cash downpayrtent shown in [his contract was a.eualfv by Buyer and no part of said downpayment was Ironed di- �utdtecty by Seller in Buyer. (S) Each Buyer is legally compnen[ to contract: (ftl This contntct is rat acid will [tot be subject to any claim, defense, demand or right <br />dl7) xaof tx anreto did not violate any federal err slue law, dttecuve, rule or regulation thew <br />: (g) In t evert that this contract or the underlying sale s transaction is shiblect to a right of rescivoon, or cancellation byy �th��e� �B�uyyeerr such rescission or cancella- <br />tioaperiod has expired and neither the sale tar this con rim lien cancelled or rescinded. THIS CONTRACT IS SOLD /T SEI I RRTNDaT Bum <br />IN TESTIMONY WHEREOF, the undeny( rn authonrxA repmsg%inve of the Sell« and hxc signed below on behalf of the Seller on this <br />day of .—. - ----- - -- --. .19. <br />The foregoing instrument was acknowledged before me oJn (f/ ,/� PACE R PRODUCTS, INC. (So" <br />y0 <br />-- —// f --- iy- - <br />�} <br />By <br />by the authorized agent of Seller who is <br />Mycommissionex <br />mata bier- atN�001"M <br />Now Puhlk <br />or Cowes. Eva Dec -12.1W 10, <br />- ts:�JlWas>e8A0M M Rmw 1A god* <br />
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