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The following notice inngs to my attention the tights that I have even when this contract is sold to a financial institution or a bank, and 1 shouldpaice that the impor- <br />tance of this �rovisionn is stresseedd baits appearance in in point, bold face type: <br />85- -00460 NOTICE <br />This credit contract finances a purchase. All legal rights which the Buyer has against the SeNar p <br />out of is transaction, Including all claims and deftness, are also valid against any holder of this conf <br />this iacE <br />The <br />uhripghht tooOnt<aOt. money from the holder under this Provision Is limited to the amount peid by the buyer <br />A claim Is a tegaity, valid reason for suing the Seller. A defsnes Is a legally valid reason for not poyli <br />the SeNer. A holder Is anyone trying to collect for the Purchase. <br />U41SURANCECANCELLATION: If] have requested insurance in this <br />rats purchase, I may cancel strch request for insurance fa any neuron within fifteen (1 S) days front the <br />date of this contract by notifying you or the holder of this contract in writing. l know that the cancellation of my coverage will be arranged with the iosup'atrae carrier(s) sad <br />a full refund of my premnumis) together with applicable finance charge will be credited to this contract. <br />PLEASE NOTE: If I have requested insurance in this purchase, I will receive within thirty (30) days a certificate of insurance more fully descrbing the insurarice coverage. <br />1 know that if there is an conflict in the coverage or ttte langusge of the certificate of insurance and the following Notice of Proposed Imturaoee tltu I a i covered ondy lo <br />the extent stated in the following Notice of Proposed Insurance. 1 also know that 1 have insurance coverage only if I have been charged forit. <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 site only if I have choaea <br />it by signing the request for such insurance. This insurance will only cover the person signing the request at the Brost for each type of insurance shown, Subject to <br />by the assurance company, the insurance will be effective as of today and will continue aaly for the warsber of months after the effective daft: equal to the a of <br />fly payments. I understand that this particular insurance ma not provide coverage for my Let few payments, and that during that period of time I will not have spy <br />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 except of its <br />irperests and any balance will be payable to me. The initial amount of Credit Life Insurance is the amount required w reppa�y the Total of Pay menus; thawlba, the ingptutoe <br />decreases py the amount of each mimthly payment on a scheduled 30 day basis. If I am �'ointly obligated on the Sales Contract with a Co-Buyer, aad we have bath sighed <br />the request for Credit Life Insurance, death benefits will be payable only with respect to the first one of us to die. Subject to exclusions, eliminations or waiting period swsd <br />in the Instr Credit <br />= policy of certificate, Accident and Health Insurance is for the benefit amount of 1 /30th of each month's payment for day that 1 am gWlydlspEkd <br />duce to an injury or sickness wihik I owe any payment to you: however, I understand that t have to be prevented from w irking due w such trial disability for more than four- <br />t eat (14) consecutive days before the insurame benefit is paid back to the first day of my total disability. I aYa krww that I coma <br />Iwrppoe frm <br />nhtW stay rN If I <br />apt a wr f6 yeah of age today, sari 1 alto kpow that the hrtauraace coverage trrivided to me may aonWs a IMprtlpluae ansaaat deeverpeewkki teM apt �p i setae <br />uses, rite swats aptwwt cleat 1 awe you Uue tq the maximum amou u of coverage soled in the insutantt policy, I know that any unpaid arnouM in eacess of Ihe�ipwtawe <br />coverage wi!1 still have a be paid. It the Sa &s Contract is in full last <br />prepaid poor to the payment date, any unearned insurance premiums will be reflplded b tae in dip map• <br />rorprcacnbel by law. Within thirty 130) days, I will receive the certificate of insurantce mare fully describing my insurance coverage. If the insurance is not acapetxl by <br />the insurance compsny,1 will receive a refund of the insurance premiums 1 have paid. <br />af( <br />BUYER: The next two paragraphs contain warranties relative to this sale given by us U the financial instirution or bank in order for it to buy thisconwact. <br />SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT LES RACY AN MORTGAGE <br />FOR VALUE RECEIVED, Seller hereby sells, asst ns, conveys, transfers and delivers to d did qA- JI cQD <br />(Assignee) all of its rights, tick seat interest in aihd to the Installment Saks Contract and lfortgagC. to with all liens existing to se : its payrrrtaK and the property <br />tmcumbercd iterebZ. Assignee is hereby substituted as Mdxtgagee under the M<ngage prtwisums of this contract. Seller warrants and represents; (1) It hat the rigkt ro make <br />this assignment (�I All statements and figures in this contact and in the Buyer's statement <br />are materially rue Mal, ale <br />of the goods and services describer herein; (4) The cash dawnpayment shown in this contract u•as actually an orrect; (3) This c ntract arose from the bona fide s <br />by Buyer and no of downpayment leaped <br />paw put said was di- <br />nettY of trtdtrecty by Seilw to Buyer (5) Each Buyer rs legally tianpetem to comet t; t ti) This contract is not and will ran be subject to any claim, defense, demand or rigkt <br />tsf offset; (7) The ezecwion of this contract and the utuoerlvtng sales truisactioq stunts rise thereto did not violate any federal or state law, directive, ride or regpWim now <br />o effect; Ig) In the event that this contract ex the uixkrlying aka trrosaction is s hat w a fight of tescissiat of cureellauon by the Suter, such rescission or carwdla- <br />topptaiadrtasexPwartardrueitltertursalezairtMso ,�nrtracttra • ofkdorteacitated :iNNI��,a/>r�gE�tl�. <br />1N'T1TaAOfVY WFIEREC)F, clue umkrsigncd is n�epre.(y�(t the Seller and has sighted below on behalf of tike Sella at this _ <br />day of <br />The foregoing instrument was ackno teQRed brt.>rF fix o _,- PA TTER CORPORATIO)F <br />by the authorized Seller <br />agent of who <br />Mycomrnissdoncxpot, <br />WJV MlN <br />S1EC. CIIcoma. <br />- <br />I * Dec 12. 1W ti _ ___._ _ _ -- _ -__ -_ _ ._- -__ - -- <br />md. <br />af( <br />