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is 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- tame of this provision is stressed by its appearance in ten point, hold face type: n NOTICE 85- -UU459 e r1 This credit contract finances a purchase. All legal rights which the Buyer his against the Seller arising out of this transaction, Including all claims and defenses, are also valid against any holder of this contract. The right to Hoover 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 Seller. A holder Is anyone trying to collect for the purchase. INSURANCE CANCELLATION: If t have requested insurance in thispurchase, I may cancel such request for insurance for any reason within fifteen (15) days from the date of this conuacl by notifying you or the holder of this contract in writing 1 know that the cancellation of my coverage will be arranged with the insuratta carrier(s)and a full refund of my premium(s) together with applicable finance charge will be credited to this contract. PLEASE NOTE: if I have requested insurance in this purchase, I will receive within thirty (30) days acertificate of insurance more fully describing the insurance coverage. 1 know that if there is anp conflict in the coverage or the language of the certificate of insurance and the following Notice of Proposed Insurance that 1 am covered only to the extent sated in the following Notice of proposed 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 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 ac 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 nu�of monthly payments. I understand that this particular insurance may not provide coverage for my last few payments, and that during that period of time 1 will not have atny 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 me. The initial amount of Credit Life Insurance is the amount required to repay the Taal of payments: thereafter, the insurance and 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. a we have bah signed the request or Credit Life Insurance, death benefits will be pa able only with respect to the first one of us to die. Subject to exclusions, eliminations or waiting period saved in the insurance policy or certificate, Credit Accident and Health Insurance is for the benefit amount of V30th of each month's payment for each day that 1 am totally disabled due to an inuary or sickness while I owe any payment to you: however, i understand that i have to be prevented from working dire to such total disability for more than four- teen (14) consecutive days before the insurance benefit is paid back to the first day of my total disability. I also know that I cantor obtain say hawrauee from you V I a s ever rib years orage today, said I also know that the irtwraoce coverage provided to me may contain a maximum amount e(coverage which wW treat pay M some rasa. the emir attaeaal tlwt t owe you. Due to the maximum amount of coverage stated in the insurance policy, l know that any unpaid amount in excessof the 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 me in the man- nerpresenbed 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 assurance company. I will receive a refund of the insurance premiums I have paid. BIVER: The next twoparagraphs 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 INSTALLMEPff S#LE�S C RACT.AND MORTG E FOR VALUE RECEIVED. Seller hereby sells, assigns, conveys, transfers and delivers to Qr u An IVA A A, "J's (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, together with all liens existing to satk its payment an the property nc eumbered hereby. Assignee is hereby substituted as Mortgagee under the Mortgage provisions of this contract. Seller warrants and rep ents; (1) It has the right to make this =igrunent; (1) All statements and figures in this contract and in the Buyer's statement are materially true and comet; (3) This contract arose fmm 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 part of said downpayment was loaned di- rect!!yyerr indirectly by Seller to Buyer; (5) Each Buyer is legally competent to contract; (6) This contract is not and will not be subject to any claim, defense, demand or right aFafiset: (7) The rit"ioa of this contract and the underlying sales transaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now is effect; (g) In the event that this ctmtr+ct ; or the underlying sales transaction is subject to a right of rescission or cancellation �h�y tux Buyer, such rescission or caatcella- two period has expired and neither the sale no this contract has been cancelled or rescinded. IRIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE. IN TESTIMONY WHEREOF, the unokrsigned J adthoni d repre�(gtivs of the Seller and has signed below on behalf of the Seller on this day of — �.. - - - -- - - - -< �J._..,�1_ The foregoing instrument was acknowledged before me on _._.._...__ -_ THE P ETTER CORPORATION (stow) �jS -- -- - — -- �" C h the authorised agent of Seller ho., My conmimum expires: lalEJ1AL1QfF91! -Ursa JESStE i. (`a1L8OW` - ice) r ties 1ta , --------------------- ,� Ay Camas Ease. Dec. 12, 1917 n. + rat . a 10aoNH AJAM03 a01 WHIM 101fdli SIM J f�. -.—J