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10 PAn 4U2
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THE FOLLOWING PltOVISIONS ARE A PART OFTH~ CONTRACT PRI~riED ON THE REVERSE
HEREOF
1. Title to .aId property !lhall not palll to buyer until all sum. due hereunder are fully paid, No tun!lfer, nonewal, utenllion or
assi~nment of ta'tlll contrad or of any intuest hereunder or injury to or 1011II or destruction of ..id propi!rty shall relea~ buyer from
his obli&,ation. h'ereqrider, Buyer shall keep said property free from all liens, taxes and encumbrances, shall not use same or pt'rmit
it to be \lied lIleltatIy or for hire, shall not rem on same or permit it to be removed from the state wherein this contract i!l ext'cuted
without seller's written permission, shall -not tnnsfer any Interest In thi. eontract or in said property, !lhall not make any matt' rial
change in said property wlthouL seller'!I written consent, and shall maintain the ..me in Itood condition Rnd repair, reasonable wear and
tear thereof ucepted, Upon failure of the buyer to do so for any reason, seller may, but shall not be obligated to, keep said property
Insured in a company or companies selected by seller altain.t ftre, theft, collillion, embeulement and/or V,SJ. and/or !lut'h other forms
of insurance in lIuch amounts a5 seller may determine, and the buyer hereby authorizes seller to pay the premiums for such insurance
addln~ the ...me to the deft'rred principal- balance then due hereunder; the pollcietl therefor shall be held by the seller until this con-
tract IS fully performed, and the proceeds of any insurance, wheth..r paid by reason of lOllS, dama~e!l, returned prt'mium or otherwi.e
are hereby assiltned to the seller and shall be applied toward the replacement of the property or payment of this obli~ation at tile
option of tht' !lellerJuyer assumes all risks of dama&,e to or 101lll of said property whether insured altainst or not. Any and all pay-
menta made by the seller for or on account of thl. contract or of .aid property by way of insurance, taxes, repai"" stora~t', liens and
encumbram'es or costs of collection, repossession and return .hall be added to the amount due by the buyer hereunder ,nd become pay-
abie upon dt'mand and shall be secured by and under this contract, .
2. TIME IS OF THE ESSENCE OF THIS CONTRACT. Any Installment or amount payable hereunder which is not paid promptly
when due shall bear interest thereon at the highest lawful contract rate from due date. }o-urther buyer afO"eeS to pay collection or de-
linquency ft'e in accordance with the law of the applicable .tate. In the event thia contract is placed in the hands of an attorney for
collection. buyer altree. to pay fifteen per cent (15%) -of the amount due or the maximum amount permitted by applkable law, whit'h.
ever i. lelll, aa attorney. fee..
3, Should buyer fall or ne&,lect to comply with any demand or condition of this contract or to make any payment provided for
herein when due or payable, or should a proceedinlt in bankruptcy, receive",hip or insolvent'y be instituted altain!\t buyer, or in the
event buyer makes an assipment for the beneftt of erediton, or should buyer mi.use the property or commit any act for whkh the
property miltht be conftacated, or in the case of any unusual or unreasonable depreciation in value o! the property. or in t'ase buyer
made any misrepresentation as to hi. name, address, occupation or financial condition, the full amount unpaid hereunller shall be
immediately due and payable_ Further upon any such default or event, seHer, at his option, or any sheriit' or any other officer of the
law may take immediate posllenion of !laid property without demand (polllletlsion by buyer after default beinjt unlawful), including any
equipment or aceelNOriee thereon: and tor this purpo.. seller may, in a lawful manner, enter upon the preml!\es where said prop",.ty
may be and remove same. Seller may take poaeuion of any Item in or upon the property dellCribed herein at the time of repossession,
wherever such item may be therein, and hold same temporarily for buyer without liability on the part of the lIeller, Such repossession
shall not effect !\eller's right, as permitted by law, to retain all payments made prior thereto by the buyer hereunder. In the event of
repossession, the seller or holder shall have all righta and remedies all are proV1ded by law. Buyer hereby waives all statutes of li.ni-
tations in any way alt'ectinl{ the time within which .eller may enforce ita rItthta hereunder and the defense thereof. Nothinlt contained
herein ahall be construed to give a lien on property sellu did :lot se!! to buyer.
4, The !leller's at'ceptance of any installment or payment after it or the full amount may have become due and payable hereunder
shall not be deemed to alter or affect the buyer's obliptions and/or the seller'. righta hereunder with Te!lpect to any subsequent pay-
ments or default therein.
5, No warranties, espr_ or i.plied, reprne.ta~ pr_ilIea or atate..enta "an been made by seller ulliHII elldoned herNn in
writing. No ll1odllleatlon of any of the teTllla or conditlt.na hueof .hall be "alld in aDY neftt, and the buyer uprellllly wains the rillht
to rely thereoa, linl811 ..ade in wrltlnlt duly executed by the holder of tltls eGntract,
6. This eontract may be a..lgned by the .eller or assignee without pallllln&, title to the buyer. On such alllliltnment, unless otherwi.e
notifled in writing by mail sent to the buyer at the addreas below, the buyer may pay the installments payable hereunder to the seller
In trull nevertheles. and .. the buyer's a&,ent to tran.mlt auch payments In Idnd to the ..sipee for the buyer's account, In such event
payment shall not be deemed made hereunder unle.. recei"ed by the aaaicnM.
7_ In any states where Certiftcatea of Title for mobile hom" or house mile", are required, buyer in application therefor .hall
make reference to rlgbt& of seller and where the law permlta .hall deUnr said certUlcate to the seller when received.
8. Upon an aaaipment or tranafer of this c:ontnct by Miler, an righta and remedies of seller may be enforced by any allllpee or
transferee, and upon the full J:ayment of the deferred purch.. price, such a..ipel! may dillCharge ..id contract and return all pape",
to the ..n.r.
9. Buyer agrees to exhibit said property and allow In.peetion thereof at any time upon demand of seller, and to notify ..lIer of any
ehanp of hla addreaa.
10, Any proriaion of this contract prohibited by law of an,. .tate shall a. to .uch "tate be ineffeetive to the utent of such prohibi.
tion without Invalidating the remaining proYislona of the eoDtraet. Thl. eontrad .halllnure to the beneflt of and be binding upon the
heira, executon, admlnistraton and a..lgna of tbe re.peeti". parties hereto, .ubject, however, to the above restriction against assilm-
ment bY buyer. Wh.relvet In. th!. anecnl enett thetestnaular 1. uNd, It aball be deemed t,:) indude the plural and the muculin.. arendn
shad be etHme4' to Inc ucI. tbe &emfnlne an IleU r.
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I FILED AND ~~COr.O~D
IN ~FI(I#.c 8. 'l",lK
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