rhe fono'wihp notice b i I
<br />rings to my attention the rig-fit-, thAi I have even %khCri this conrz:;c� is Sold to a tmancl,11 Institution or it hank, and I should notice that the impor-
<br />tance ofthis provision is stressed by its appearance M tell fK)ir,,r,-N)ld fa,-.e tvfv:
<br />NOTICE 002995
<br />This credit Contract finances a purchase. All legal rights which the 13uyer 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 th I I
<br />under this contract. e amount paid by the buyer
<br />A claim Is 8 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 I have requested insurance in this purchase. I may cancel Stich request for insurance for any reason within fifteen 0 5) days from the
<br />date of this contract by notifying you or the holder of this contract in writing. I know that the cancellation of niv coverage will be arranged with the insurance carrier(s) and
<br />a full refund of MY Prermuni(s) together with applicable finance charge will he credited to this contract.
<br />PLEASE NOTE: If I have requested insurance in this urchase, I will receive within thirty (30) days a certificate of insurance more fully- describing the insurance coverage.
<br />I know that if there Is any conflict in the coverage or Xe language of the certificate of insurance and the following Notice of Proposed Insurance that I am covered only to
<br />the extent stated in the following Notice of Proposed Insurance. ladso know that I have insurance coverage only if I 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 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 acceptance
<br />by the insurance company, the insurance will he effective as of t(;dav and will continue only for the number of months Ater the effective date equal to the number of
<br />month y payments. I understand that this particular 1nj1ran(.e y
<br />Overage for 111Y last few payments, and that during that period of time I will n have any
<br />Contract to the extent of its
<br />insurance will he aid t I or ioa financial institution or a bank if it purchases the Sales or h
<br />insurance coverage. All benefits and proceeds of the insur. may nN provide c be
<br />'illbepayabletome 'he initial amount (_ redittl),�ifoe you is the amount required to repay the Total ol"Payments., thereafter, the insurance
<br />interests and any balance v% P
<br />decreases b tht amount of each monthly payment oil it scheduled 3() day basis. If I am joint
<br />the request 1, Credit Life Insurance, dezhli benefits X% Ill be payable only with '' IY obligated On the Sales Contract with a Co- Buyer, and we have both signed
<br />x ill) respect to the first one of us to die. Subject to exclusions, eliminations or waiting period stated
<br />in the insurance policy or certificate, Credit Acc;'ct�mt and I Health insurance is for the benefit amount of P30th of each -month's payment for each day that I am totally disabled
<br />due to an injury or sickness while I owe any ras Merit to you: however, I understand that I have to be prevented from working due to such total disability for more than four-
<br />teen (14) consecutive v before the insurance benefit is paid back to the first day of my total disability. I also know that I cannot obtain any insurance from you if I
<br />am over 65 years of age today, and I also know that the insurance coverage provided to me may contain a maximum amount of coverage which will not
<br />cases, the entire amount that I owe you. Due to the max itnum amount of coverage stated in the insurance policy, I know that any unpaid amount in excess oft the pa yin some
<br />surance
<br />coverage will still have to be paid. If & Sales Contract is prepaid m full prior to the last payment (tale, any unearned insurance premiums will be refunded to me in the man-
<br />ner
<br />.prescribed by law. Within thirty OM 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, I will receive a refund of the!'
<br />llsu;ank:e PTe"Inirns I have paid,
<br />BUYER: The next two paragraphs contain %%atT1Mc,, relati�e to this sale 1!iyen by us to the financial institution or bank in order for it to buy this contract.
<br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMEJNT SALES C�!��
<br />ACT A
<br />�ND MORTGAGE
<br />FOR VALUE RECEIVED. Seller hereby sells, asstims, conveys. transfer,, and delivers to
<br />(Assignee) all of its rights, title and interest iii and to the Installment Sales Contract
<br />e payment, and the property
<br />,a cc under the ,Mortgage pro), isi(-)-ns of this coil-tract. Seller warrants represents; It has the right to make
<br />encumbered hereby. Assignee is hereby substituted as Mont, and Mortgage. together with all liens existing to secure
<br />this assignment, 9
<br />This contract arose from the bona fide sale
<br />The cash downpayment show-n in this contract was actually paid by Buyer and no part of said downpayment was 10 di-
<br />of the goods and services described herein; (4)". er s statement are materially true and correct: i -
<br />(2) All statements and figures in this contract arid in the Buyer's Is and nres
<br />di-
<br />rectly Or indirectly by Seller to Buyer; (5) Each Buyer is legally competent to contract: (6) This contract is' of and will not be subject to any claim, defense, demand or right
<br />Iz loaned
<br />of onset; (7) The execution of this contract and the underlying sales transaction giving rise thereto did noin
<br />in effect: (8) In the event that this contract or the underlying I violate any federal or state law, directive. rule or regulation now
<br />sale ansaction is subject to a right of rescission or cancellation by the Buyer, such rescission or cancella-
<br />tion o �rct I d. THIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE.
<br />tion period has expired and neither the sale nor this co; r
<br />IN TESTIMONY WHERFOK the undm, ig"
<br />n, ed repre 1"" of the Seiler and has signed below (in behalf of the Seller oil this
<br />day of
<br />T
<br />st
<br />n re
<br />The foregoing instrument was acknowledge Orr file 4)
<br />--PACES R PRODUC
<br />j�
<br />-----------------------
<br />I
<br />...... l
<br />by the aufficirized agent of Seller is
<br />My Commission expires:
<br />SENERAL 1110TAWY — SIsl# d Nebraska
<br />987
<br />JESSIE C. GfLBOW
<br />N . I I 11AI r I l'uhlic
<br />f
<br />
|