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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 />