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6r l/17d it C. d $'.l• 'y %Jc • Ella %-"I1 a :0l. d . B ild::� d. \Di IIi$�.B i mod[ lli At �' VG 1.i86ligibS if MIU. YU. W.0 i ASPIC 11" -I JkAA IS. The folkswrng notice brings to my attention the rights that I have even when this contract is sold to a finaDcial institution or a bank, and I should notice that the tame of this provision is stressed y its a in ten point. bold face type: perr This credit contract fins a purchaa. All NOTICE rights which the Buyer has sp n t the filer arts{ out of this transaction, Including all claims and defenses, are also valid sgaI nst anyhholder of this contract The right to recover money from the holder under this provision Is limited to the amount paid by the buyer under this contract. A claim Is a legally valid reason for suing the Seller. A defense is a legally valid reason for not paying the Sailer. A holder Is anyone trying to collect for the purchase. INSURANCE CANCELLATION: If I have requested insurance in this purchase, I may cancel such request for insurance for any mason within fifteen(15)day s from the date of this contract by notifying yatr or the holder of this con nut in writing. I know that the cancellation of my coverage will be arranged with the insurance carrie a fadl refund of my premiumts) togetlur with applicable finance charge will Ge credited to this contract. r(s) and PLEASE NOTE: If I have requested insurance in this purchase, I will receive within thirty (30) days a certificate of insurance more fully describing the insurance coverage. I know that if there is any conflict in the coverage or the language of the certificate of insurance and the following Notice of Proposed insurance that I am coveted only to the extent stated in the following Notice of ptoposed insurance. I also 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 an the reverse side only if I have chosen it by sitting the guest for such insurance. This insurance will only cover the person signing the request at the cost for each type of insurance shown. Subject to acceptance by the insurance company, the insurance will be effective as of today and will continue for the number of months after the effective date equal to the number of monthly payments, I understand that this particular insurance may not provide coverage for my la =t few payments, and that during that period of time I will trot have any insurance coverage. Al! benefits and proceeds of the insurance will be paid to You or to a financial institution or a bank if it purchases the Sales Contact to the extent of its interests and any balance will be payable to me. The initial amount of Credit Life insurance is the amount required to repay the Tonal of Payments; thereafter, the insurance decreases by the amount of each monthly payment on a scheduled 30 day basis. If I am Jointly obligated on the Sales Contract with a Co- Buyer, and we have both signal the request for Credit Life Insurance, death benefits will be able only with respect to the first one of us to die. Submit to exclusions, eliminations or waiting period stated ^the tnsi!rance policy or certificate. Credit Accident and Health Insurance is for the benefit amount of 1 /30th of each month's payment for each day that I am totally disabled due to an injury or sickness while I owe any payment to you; however, I unaerstand that i have to be vented from wonting due io such total disability or tnom than four, teen (14) consecutive days before the insurance benefit is paid back to the first day of my total disabi ➢ity . I also know that I cannot obtain any hwarance from ff I am over 65 lean d�age today, and I also know that the Insurance coverage provided to tae may contain a maximum amount of coverage which will not pay use cases, the entire amount that I owe you. Due to the maximum amount of coverage stated in the insurance policy, I know that any unpaid amount in excess of the insurance coverage will still have to be paid. If the Sales Contract is prepaid in full prior to the last payment date, any unearned insurance premiums will be refunded to tee in the man - ner.prescribed by law. Within thirty (30) days, I will receive the certificate of insurance more fully describing my insurance coverage. If the insurance 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 order for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLM SALES C��ACT AND MO TGAGE 232, FOR VALUE RECEIVED, Seller hereby sells, assigns, conveys, transfers and delivers to 9 (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, together with all liens existing repr rue its pa stunt, and the property encumbered hereby. Assignee is hereby substituted as Mortgagee under the Mortgage provisions of this contract. Seller warrants an esents; (l It has the right to make this assignment; (Z) All statements and figures in this contract and in the Buyer's statement are materially true and correct. (3) This contract arose from the bona fide sale of the goods and services described herein; (4) The cash downpayment shown in this contract was actually paid by Buyer and no pan of said downpaytnent was loaned di- reeE r indirectly by Seller to Buyer, (5) Each Buyer is legally competent to contract; (ti) This contract is not and will not be subject to any claim, defense, demand or right of t; (71 The execution of this contrt d ansaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now in t dg} In tic event that this contract or the underlying sales transaction is subject to a right of rescission or cancellation by the Buyer, such rescission or cancella- tionperiod has expired and neither the sale nor this contract has cancelled or rescinded. THIS CONTRACT IS SOLD Or SELLER WITHOUT RECOURSE. IN TESTIMONY WHEREOF, the undersign s an a�ri repre`sd�ttt'g we-rMe Seller and has signed below on behalf of the Seller on this day of __ 19 �, The foregoing instrument was acknowledged before me on PACE R PRODJ)CTS, (Sella) -J by the authorized agent of Seller who i My commission expires: �ENEn� ItOTA91Y- Saser � Mata�dta � a — Ahr Comet. EuP• id, 19x7 _ �._._ Noury Public