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HomeMy WebLinkAbout0036?!~- ~3<7 f~tE t,iU ..,_-- • -• -----._.-_..~ ... t~TtftEfx Zt7~tT~Ytf~f+if3 r~s C034111°RAC: It a;ly payment It not made within tti d+ys after due Betz, Burr- agree; to Pat late charges of fn• cents (5t) per dollar in addition to thn rt,:'-, IRibr.nC.tt, but not exceeding the lawful aTaximum and Buyer agrees to par rouri + gists plus attorney's tats of )5% of the unpaid balance upon. a default er t;35, whict,e~er if greater, for i1 prohibited by law such sum as is pertnissiblel incurred in eitectinQ co!Itctivn. Title to the mercha~Tdise shah r.ot pass to )sayer until the Tine Ealance his hten fully paid In cash. Buyer shalt to responsible for any loss of or dama;e to solo property. Should Buyer fail to pay said Time Isalancn or *ny pvt thereof when die, the euiire un,t.lid balance shall at Selkr'r, e.ection Gecoma dot immediately, or S°Iler may, wiihout notice, demand or legal process, take possession of the merchandise whtre~er located and retain all morics paid thereon for the use of said n~erchardise. Seller may thereup^n sell said t•:erchandist at puh'ic or private sale and apply tht proceed: after d!ducting Expenses and liens, ;0 1"e payment of said indebtedness, and pay the surplus, if say, to 8uy_r. In case of a deficiency Buyer rill pay the Sarno at once. All rghts and remedies herein r:onUlned are ctrmulativa and not alternative. ;he merchandise sh]II renTain personal property regardless et any jfflxation to rea'ty. Buyer shall be responsible for obtaining a;i necessary governmental pera+ita and make, or bear all expense of making changes In his p«,perty required by law a gorer,t.~r,ental reQulaiion. Time is of the essence hereof. This agreement ,Tay tx assignrJ ~rithout naGce to Royer and xhen so assigrad, shall be tree from any defEnse, counterclaim or crow complaint. - Aey note given in connection with this propc,al or contract is understood to be is evidence of, and rrot in payment of, the obiigatlti~ here,-tdar, and mad :,;; ~~<r tlated without waiving any condition hereof, even though at the time of extcuiion it may be temporarily attached hereto. This constitutes the entire agreement between auger and Seller and no orrl modificatinr, hereof sha'I be valid. Buyer certifies that the credit information furnished by hint In ^onnectierl with ti,ls sale is true. Buyer ;,ertiFes that tllue is or is to be to extension of credit is connection with (tie ~urctlase of the oerchandise hereia dtscribed other tFae that evidenced by ttds azree+flent, ASSIG~A~1;tit4 Tb GENFftAt ftECTalt gt»It Opar'OtAt10N: To induce You to v'u rcbaar Mr ritAln In<tn o.rnf, <lar+rd by oar w wort lavYtn (Main ccll+d "erYri 't Mr rndrnianrd rorrvnh !Avl (1) avyrr't ctvdil Holr+rrM <:i:ra+rtht Arrr.r:r- I< +ubaant;allY true unlr« othr<wlp <PSCierd; (2t avY~' wa< of Isad 11 Yrart er avt and otMrrl+• IrgallY con+Drnnt b <ontreN, of tM Hmr of tM r<rcuHon of wid in<trvsrnti 1]1 raid In+tru meat arou from Mr bona edr tale of the Property deuri bed In raid inttrv ^.mt; (~) the down polo rat wo< made by aYYtK in <a+h and not lt< •ouirolrnl - ~:bn oth•rwi<r fp•cl Ee 1, and no Dart thrrrol nos loaned dirr<tly or indirectly by the und<rtiCn•d b auy•rr (a) tS•n it nor owing en told !n+trvmrni rho omovnt a• <rt forth thrr-i n; r(6) wid in+trv- nrnt and vl t)rarOntNt fubn.itfed in <onnK lion tMnritA art In vll ro<pwt• Irgallr en loatoblr vaainet racA pvrporlN •Iy narory tMrof and Ut tM vndmiynrd Aoc tM right to anip• p'.d .n+fru~rnl and MurbY conrry anal liflr to it and b told proprrfy. Fer roiv ncdr•d, tb• undrrala nrd hurrbY w0+n< to yev oil Ih Ir.!•r•rt In talA :a Nrvntnl and Droprrh and oatAod cr< yov le do rr•rythlnp nrcr++ory to collect and dl+<horyr tA• w.r. All t-r Nrm• or any rYlfHne rri tiro oe rrrmrnh between fAr undrrtianed and 1+au an a~dr a part hereof by rrfrrrncr, and urdrrtle nrd vndsnwnd< tAat You rely upon M• oYrrr renantir< red open fold aft M%oeoh In pvrcAa+in• •oid iattrv pert. Neither tie r+D r+Ntti sniff tf+r' tell ProprrtY from Hr avrrr far any cou+r, nor forlun fo alt er record MI• Inftn wrr+f rMn required AY ter (II Mpd~~~vlY r~lAr rsdrrtlrsrd N a1. rr rs_xt :..r lirttantral).y6611 ranee <o IM undrnlonrd fro+a and •+zlarrd'< ebtlfatlea< Mnvndr<, and In sold as nraaeh, rltA Yw• 1 (~Jj ~ 5 ' f ~ - (See ofArr fide fa Dedaia tipnaluro h AsflQest>~y ~(S ADD RECORDED ~~ . ~ . ~ l96t Qi T 30 ~M t3' 50 ~~ ROGER POITRAS, CLERK , .' '`+ ST. iUCIE COUNTY, FLORIDA I' NiTTICE OF PROP03ED GROUP LIFE INSURANCE®Ii the life insurance option is elected on the reverse side hereof, life insurance, providing benefits in the event of death er total and permanent disability under a Grcup Creditors Life Insurance Policy issued by IHE PRUDENTIAL INSURANCE %Ofr1PANY Of AMERICA, Newark, N. 1., is contemplateu in connection with this Contract on the life of bl~yer whose signature appears in the insurance option box, provided this Contract is assigned to General Electric Credit Corporation, or General Electric Credit Corporation of Georgia. Such insurance, if obtained, will become effective from the date from which iinar.~:; charges on the indebtedness accrue and a certificate describing i4 will be furnished within 30 days. The i;,si::ance will tin absence of default on instalment i payments) remain in force subject to the terms of said policy, until discharge of the indebtedness. Insurance proceeds will be applied to reduce or extinguish the indebted- ness remaining unpaid and any balance will be paid to Dtryer, if living, otherwise io his estate. The death benefit is payable if buyer dies while insured under said policy. The total and permanent disablltty 'v+.'^ht is payable if buyer becomes totally znd permanently disabled while insured under said policy and remains so disabled and insured thereunder for a waiting period equal io the lesser of fat 6 months or Ib? one-half the full scheduled term of the indebtedness. the amount payable in the event buyer dies or becomes totally and permanently disabled will be the amount necessary to discharge the indebtedness at death or at the end of said waiting period, as the case may be, reduced, in the latter instance by the amount of all instalments then due and unpaid. In no event shall more than $)5,000 be so payable with respc:.t to alt indebtedness of buyer the durations of which are concurrent in whole or in Dart. If life insurance does not become effective or a charge therefor in excess of the above limit is made, an appropriate refund or credit will be made. In the event ref termination of the insurance Drier to maturity of this Contract, any unearned port;on of the life insurancz cnarge (lased on "the Rule of 7is" refund formula), wit! be promptly paid or credited, i~ a1.G0 or more. The refund formula is on file with the State Insurance Department where required and with the assignee referred to above. NOTICE OF PROPaSEDvROUP PROPERTY INSURANCE®if the property insiuance option is elected on the reverse side hereof, property insurance is contemplated under a Grcup Credit ProNerty insurance Policy issued to General Electric Credit Corporation and~or General Electric Credit Corporation of Georgia fherein- after collectively called ' Cree+itor'"` by ELECTRIC f1UTUAL LIABILITY INSURANCE COMPANY, Lynn, Mass. covering all merchandise listed on the reverse side of this Contract against loss or destruction by one or more of the following hazards-fire, lightning, windstorm, flood, explosion and theft (but excluding such hazards as war, strike, riots, electrical disturbances within the merchandise, ordinary wear alid tear and fra!idulent conversion). It is understood that such insurance is available only it this Contract is assigned to Creditor and if accepted by the insurer will become effective from the date from which finance charges en the indebtedness accrue. The insurance will (in absence of default on installment payments? remain in force, subiect to the terns of said policy until discharge of the indebtedness. In the event any or all of the covered merchandise is lost or destroyed by one of the covered hazards, insurer will pay the unpaid balance of this Contract to the Creditor on your behalf and Pay you the actual installed value of said merchandise less said unpaid balance less normal depreciation. If said merchandise is damaged by crle of the covered hazards, Insurer will pay the ~:ost of repairing such dama7,e. In no event shat! more than $50,000 be so payable with respect to covered merchandise on any one premise. In the event of termination of the Insur:ace prior to scheduled maturity of this Gontract, any unearned portion of the property insur:ace charge will be promptly hair) or credited if =1.00 or Mere.