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86107238
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86107238
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Last modified
10/18/2011 10:18:25 PM
Creation date
3/31/2008 3:45:44 PM
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DEEDS
Inst Number
86107238
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1 <br />NOTICE <br />This credit contract finances a purchase. All 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 />under t t money from the holder under this provision Is limited to the amount paid by the buyer <br />A claim is s tegoly void region for suing the Seiler. A (defense �legaljy�(f for not paying <br />the Seller. A holder is anyone trying to colNct for the purchase. jj (()) <br />INSURANCE CANCET.LATION: If 1 have requested insurance in this purchase, l may cancel such request for insurance for any reason within fifteen {15) days from the <br />date of this contract by notifyying you or the holder of this contract in writing t know that the cancellation of my coverage will be arranged with the insurance carrietfs) and <br />a full refund of my Ixemium(s) together with applicable finance charge will be credited to this contract. <br />PLEASE NO'T'E: If I havve nested insurance in this purchase,) will receive within thirty (30) days a certificate of insurance more fully, describing the insurnce coverage. <br />the owtt atst if them <br />in the fol ewin Notice of coverage or the language of the certificate of insurance and the following Notice of Proposed Insurance t`iat I am covered only to <br />8 Proposed Insurance, l also know that [have insurance coverage only if 1 have beer, 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 Sales Contract on the reverse side only if 1 have c::osen <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 <br />by the insurance company, the insurance will be effective as of today and will continue only for the number of months after the effective date equal 9e the aw ber of Kalace <br />mthly payments. 1 understand that this particular insurance may not provide coverage for my last few payments, and that during that period of time I will not have any <br />interests and Coverage. balac will � and proceeds of the inses :nce will be paid to you or to a financial institution or a bank if it purchases the Sales Contract to the extent of its <br />decreases by the amount of each �thl to me The initial amount of Credit Life Insurance is the amount required to repay the Total of Payments: thereafter, the insurance <br />the request fof Credit Life Insurance. death benefits will be pa able onlly; th re splefclt o thctfttrit one obligated ss todie. Subject C on exclusions, ns, 1 minatt�ions or waiting period stated <br />in the Insurance policy orcertificate, Credit Accident and Health Insurance is for benefit amount of 1130th of each month's payment for each day that 1 am totally disabled <br />due w an injury or snekrress while I owe any payment to yon: however. I understand that 1 have to be prevented from working dw to such total disability for more Own four- <br />teen { 14) consecutive days before the insurance benefit is paid back to the first day of my total disability. I also know that I cannot obtain any hntauranee from as j <br />gut onr d5 years of ate today, and I also know "the insurance coverage provided to me may contain a maximum amount of coverage which wa1 no i L if I <br />cafes, the estire Mount that I owe yat Due to the maximum amount of coverage stated in the insurance policy,) know that any, unpaid amount in excess of the msurance <br />coverage will still have o be paid. If rite Saks Contract is prepaid in full prior to the last payment date, any unearned insurance premiums will be refunded to rite in the man - <br />nerprescnbed by law. Within thirty (30) days, 1 will receive the certificate of insurance more fully describing my insurance coverage. If the insurance is not accepted by <br />the insurance company, t will receive a refund of the insurance premiums I have paid. <br />BUYER: The next two paragraphs contain warranties relative to this sale given by us to the financial institution or bank in order for it to buy this contract. <br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLM SAL_ CONTRACT AN[�MORT GE <br />FOR VALUE RECEIVED, Seller hereby sells, assigns, conveys, transfers and delivers t ?�'� <br />(Assignee) all of its rights, title and interest in and o the Installment Sales Contract and Mortgage: together with all liens existing to sceure its meet, and the property <br />encumbered 1tue�y. Assignee is hereby substituted as Mintgagee undtt the Mortgage provisions of this contract Seller warrants and represents; (1) It has the right to make <br />this assignment (Z) All statements and figures in this contract and in the Buyer's statement ate materially true and correct; (3) This contra[.-[ arose from le <br />the bona fide sale <br />of the goods and services described herein: !�) The cash downpayment shown rn this contract was actually paid by Buyer and no part of said downpaym th was loaded ale <br />tectly or indirectly by Seller to Buyer: t S) Each Buyer is legally competent to contract: {ii) di- <br />is contract is not and will not be subject to any claim, defense, demand or right <br />of offset: (7) The execution of this contract and the under wing sales transaction giving rase thereto did not violate any federal or state law, directive, rule or regulation now <br />in effect; (8) In the event that this contract ar the underlying sales transaction is sb)ect to a right of rescission or cancellation by the Buyer, such rescission or cancella- <br />tioaperiodhas expired anti neither the sale nor this contract has been cancelled or rescirided.lHIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE. <br />[N TESTIMONY WHEREOF, the undersignted a art u d <br />day of 19 <br />rcpre( ",,ve of the Seller and has signed below on behalf of the Seiler on this <br />� '.__x_' <br />The foregoing instrument was acknowledged betore me on TH&A_CESETTER CORPORATION (Seoeq <br />i -�� <br />by the authorized agent of Seller who is -� ^�� <br />Mycommission expires: _ , <br />If1l" k ITo y -!tar• r a.lraaf a <br />
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