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1r in payment of ttxvre interest thanihe law permits, then you will only have the right to collect from nie the antrum of interest which the law allows you to collect. COMPL ETEN FS,S OF THIS CONTRACT: This contract can only tx. changed d troth you and I agree in writing. The following notice brines to my attention the rights that 1 have even wizen this contract is sold to a financial institution or a bank, and 1 should notice that the urpor- tame of this provision is stressedby its appearance in ten point, bold face type. NOTICE 85-006179 This credit contract finances a purchase. All legal rights which the Buyer has 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 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 We Seller. 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 tier any reason within fifteen (15) days from the date of this contract by notifying you or the holder of this contract in writing 1 know that the cancellation of my coverage will he arranged with the insurance carrierls) and a full refund of my premiums) together with applicable finance charge will he credited to this contract. PLEASE NOTE: If i have re uested insurance in this purchase, I will receive within thing (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 t am covered only to the extent stated in the following Notice of Proposed Insurance. 1 also know that I have insurance coverage only it I have been charged for it. NOTICE OF PROPOSED INSURANCE 1 take notice that either Credit Life or Credit Accident and Health Insurance, or both, will be applicable io this Safes Contract or, the reverse side only if I have chosen it by signing the rcqucst 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 only for the number of months after the effective date equal to the number of monthly payments. I understand that this particular insurance nice} not provide coverage for my last few payments. and that during that period of time 1 will not have any insurance coverage. All benefits and proceeds of the insurance will he raid to you or to a financial mstituuon or a hank if it purchases the Sales Contract to the extent of its imerests and any balance will be payable to me. The initial amount of C redit Lite Insurance is the amount required to repay the Total of Payments, thereafter, the insurance decreases by the amount of each monthly payment on a scheduled 30 day basis. If 1 am jointly obligated on the Sales Contract with a Co- Buyer. and we have both signed the rcgttest forCredit Life inwrance, death benefits will ire payable only with respect to the first one of us to die. Subject to exclusions, zlinunations cn waning period staled in thr to urmce policy or certif irate. Credit Accrdent and Health Insurance is for the he it amount of 1 30th of each month's payment for each day that [ am totally disabled due to an injun' or sickness while 1 owe any payment to you: howzver, 1 understand that i have to be prevented from working due to such total disability for more than four- teen (14) comecutive days fxfore the msur- benefit s paid back to the first day of my total disability f also know that t cannot obtain troy insuntttt from you [f I sat aver tK5 years rrtaRe today, and 1 also kmrw that the insurance coverage prnvlded to rot mug contain a maximum amount of covere which wild trot pay in siring eves, the erttirc tttnouat that I not you. Due to the maximum amount of coverage stated in the insurance policy. I know that am unpaid amount is excess of the insurance coyaKage will s"I[ hate to he paid. If the Sales Contact is prepaid in full poor ti the last payment date, any unearned insurance premium, will be refunded to me in the man - txrprescribed by law Within thing t30i days. 1 will rccene 'he certificate of msuance more fuj4 descnhmg my insurance coverage. If the insurance is not accepted ),•. the truurancecompan }. J wi0 receive a refund of the msuance premiums 1 havz paid. BUYER: The next two paragraphs contain warranties relative to this sale given by us to the financial mstituhon or bank m order for nRo buy this contract SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT SALES CONTRACT AND MORTGAGE FOR V ALL E RFCFIVED. Seller hereby sells, assigns, conveys, transfers and delivers ti �! (Assignee) all of its rights, title and interest in and to the Installment Sales Contract and Mortgage, ureether with all hens exist to secure its payment, and the property encumbered hereby Assignee is hereby substituted as Mortgagee under the Mortgage provisions of this contract. Seller warrants and represents: (1) It has the right to make this assignment; t 2) All statements and figures in this contract and in the Buyer's statement are materially true and correct: (3l This contract arose from the bona fide sale of the goods and services described herein, (4) The cash downpaymen[ shown in this contract was actualfy paid by Buyer and no pan of said down payment was loaned di- rectly, or indirectly by Seller to Buyer: f 5) Each Buyer is legally competent m contract; (hr This contract i. rein and will not be suhject to any claim. defense, demand or right of uhset; (') The execution of this contract and the underlying sales transaction giving rise thereto did not violate any federal or state law, directive, rule or regulation now in effect; (S) In the event that thts contract or the underlying sales transaction is subject to a right of rescission or cancellation by the Buyer, such rescission or cancella- nonpenod has expired an d neither the sale nor this c ontracV"_�.—I'd ancelled or rescinded THIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE, IN TESTIAtOtiY WHEREOF. the unJenigtfed n a represe�4tyrz� the Seller anti has signed helow nn behalf of in Seller nn this day of -. _ 1 _. The foregoing instrument was acknowledged hefore me on __- _ — — ,--THE PPSETTER CORPORAT (Seam by the authorized agent n! Seiler whi* Mvcnrnmtssmnexpues ,�_._ ' r I7� V�Cc� il N r~