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I The following notice brings to my attention the rights that I have even when this contract is sold to a financial institution or a bank, and i should notice that the impor- tance of this provision is stressed by its appearance in ten point, bold face type: NOTICE 8S""a' tiO�tO This credit contract flnanc�ss a purchase. All Is I rights which the Buyer has spinet the Seiler arlal , out of this tnnsactlon, Including all claims and defenees, are also valid against any holler of this I The right teoorr money froth the holder under this provision Is limited to the amount paid by the buyer A cam is a legally valid reason for suing Not Seller. A defense Is a legally valid reason for not psying the Sailer. A droller Is anyone trying to collect for the purchase. IMURANCE CANCELLATION: If I have requested insurance in this purchase, I may cancel such request for insurance for any reason within fitly (15) days from the date of this contract by mi ng you or the holder of this contract in writing I know that the cancellation of my coverage will be arranged with the ltfswanoa carrier(s) and a full refund of my prsmiurr�Z together with applicable finance charge will be credited to this contract. RI.EASE NOTE: If I have rreegqtiested insurance in this purchase, I will receive within thirty (30) days a certificate of insurance mote fully describing he irtautanc a covtn�, I know that if there is an conflict in the coverage or the language of cite certificate of insurance and the followingg Notice of Proposed Insurance that I acct covered only to the extent stated in the following Notice of insurance. I at know that I have insurance coverage only if I have been charged for it. NOTICE OF PROPOSED INSURANCE 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 I have chosen 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 aoceptance 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 to the sandierof trtoahly payments. i 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 aay insurance coverage. All benefits and proceeds of the insurance will be paid to You 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 ire. The initial amount of Credit Life insurance is the amount required to repay the Total of Payments; thereafter, the innranex decreases by thhe amount of each monthly payment on a scheduled 30 day basis. If I art jointly obligated on the Sales Contract with a Co-Buyer, and we have both signed the t for Credit life Insurance, death benefits will be pa able only with respect to the first one of us to die. Subject o exclusions, eliminations or waiting period steed in the insurance policy o certificate, Credit Accident and Health Insurance is for the benefit amount of 1 /30th of each month's payment foreach day that I am totellydisabled the to an injury or sickness while I owe any payment to you; however, I understand that I have to be prevented from working dux to such total disability for m than four- teen (14) consecutive days before the insurance benefit is paid back to the first day of my total disability. I also know the I cannot olst� �+ lr� R I =OMGSym s otage today and I also know that the insurance coverage provided tome may contain a mazliamas amount oteoverap which will net pq rte saws ceeew the aatre amount that i owe you. Due to the maximum amount of coverage stated in the insurance policy, i know that any unpaid attmtnt in excess of qte' insurance 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 the in the nun. rer,primribed by law. Within thirty (30) days, i will receive the certificate of insurance more fully describing my insurance coverage. If the irtsurance is not accepted by the insurance company. I will receive a refund of the insurance premiums I have paid. BUYER: The next two paragraphs contain warranties relative to this sale given by us to the financial institution or bank in ceder for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT SALES CONTRACT AND MORTGAGE FOR VALUE RECEIVED, Seller hereby sells, assiggnnss conveys, transfers and delivers to i" C'r a' Lgan (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, together with all liens existing to sectaik its and the property hereby. Assignee is substituted as Mortgagee under the Mortgage provisions of this contract. Seller warrants and represents; (1 It has the right to make do assignment; (v) AU statements figtues in this contract and in the Buyer's statement are materially true and correct; (3) This contract atoms ftetm the bona fide sale of the maxi services described herein; (4) The cash dowrtpayment shown in this contract was actually paid by Buyer and no pat of said ymem was loaned di- nt to contract: (6) This contract is not and will not be subject to any claim, ease, demand or right offset: (7) Tbe execution of this contract and the underlying asks transaction given, rise thereto did not violate any federal or state law, directive, rule or now in effect ',ti) In the eveat that dais c or the uthderlyhng sales treutsactiotn is subject to a right of rescission or cancellation by the Buyer, such rescission or caxaoila- tiornperiod lhasexpired 'either tux sal tax this c tract has bas aacelled or rescinded. MIS CONTRACT IS SOLO BY SELLER INITINMT RECi1M. IN TESTIMONY WHEREOF, the undersigned is an represe ive66f the Seller and has signed below on behalf of the Seller on this day of 9 The foregoing instrument was acknowledged ,-Wore me on _ PAC R PRODUCTS, INC. e t q 15y by the authorized agent of Seiler who is C e.eJ - My c ission expires: ttA1 ta0rauer - �� - 6Pubhc —_°