HomeMy WebLinkAbout0468 _ ' ~ - ~ , _ ,
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- ~ ~ OTHER CONDITlONS O~ CONTRACT ~ ~ • " ~
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. ~t.~n~r P~M li not etd~ witNA ba d~ Ntu dut d~b.'8uyer strea to 0~ I~b tNrps d 1iw aab lsd.Per dollw M additlou ~o tM n~ul~t Iestsln~nt. ~
! but not exuediK tM bwful maximuni and Bu~nr a~~e~s to p~r court oosts plia attorn~= hq of 15% W tM wip~id ~lana ~qca ~ d~fault or i3S. whlcMwt k ~rwbr;
; lor if proAibiUd. by Uw suCA sua~ as is V~tmissfbW hlp~n~d i~ tftectin~ co1l~cUoa. ~ ' • • .
' Tit~. to ni. aw~uwims~ shN~ not wss to ein•r ~~1~ ur ne. Bs~«~o. ba eea~ tulb ~wb euh. euri? shd~ e. ~a. ta «nr ass ot o? a~nss. co s~le
s properqr. Slauld Bu~n~ i~il b or11 s~W Tin» 8slmo~ or ~ psrt tM~eof wl~en dw. !1~ entin u~id O~lanc~ sA~U st S~Iltrs datioa bcccm~ due immedi~teh. or,
~ Seiler mar, witlwut aodq, demmd o~ kpl Oroass~ tsb possessbn d th~ nurch~ndis~ rrMrevtt located and nbin all moni~s Mid tAer~on for tlM us~ M s~d
R mercnandis~. Sella au~r th~r~upon sell said lkrchmdis~ d puDllc or ~iwb ssl~ ~nd ~pply tM proce~ds attu Oeduct~n~ upens~s and liens, b tM pryment ot s~W
' IndebtedMSS, ~nd pay tM wrplus. N a11y~ to 8uy~r, la as~ of a Mfici~r Buyer will pq tM sma at oea. All ~t~Ats snd raaedi~s IKreis cont~in~d u~ cumubtiw~~
• and 'not alternitiw. ' ~
, The mtrd~ndist ~II nin~in pe?son~l pro~s~l ntaMiess ~ airy afl'aattoa to n~lb. 6urer slall M~o~sibl~ tor obWNn~ all necess~ry tovernaenW pe~mtb.: ~
~ and make. or Deu all txpenss oi m~kint cl~es la Ais Prap~rtp rpuind A~ I~w or [owrnnenW re~ul~tioa. ~
t.....^Time ts of th~ essena bereof. TNs K~M ~f? b~ auip~ed without notla to Burtr aad wt»s so sssip~ shdl b~ ire~ iran aM? detenss. oow?brc~iw er aoas: ~
Nnr not. dwn ~n caNectton wicn w: orov~ ~ ~ontnet w~der:tooa ~o e~ ss evieena ot. .ne iat tn psymait a, ua oal~ti~on~iertNOdey aea :aa~r Q. ~~o: -
' t{iteG witAout waivin~ an~? ooMlNoa htreot~ wen tboutb N tM timm~ of executioe it au~ be ten~por+ab attsd~ad Mnta -
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R This ao~atituta tM entin atreanant Oetweee BuYer and 5'~Ilet and ao ord ~lic~tlon benof sA~ll D~ r~lid. -
~ Buye~ artifies d~t tM credit tnfomutiai tumisbed A~r Nw In oo~necNan rrtW Ws s~ Is true. &ryer artiNts M~t tAer! is ai~ .tQ ia pctaqi3l~;oi aedit, i
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. ' . _ _ ~,1904 J~;124 pM 2: 44 _
` . . ROGE.~.POITRAS. ~!E~~
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~ _ - - - . ~ • ST. LUCIE COUNT.. fLORIDA
NoneE or neorosm aROUp u~ nrw~u~~ nre ~ot~ ~ ~~aa ~e. nre v~~ e~»r~
in the eveat oi deatA or toW and permsnent ~s~Diliry ww~.+i~?. GroaP Creditors Lit~ Insunncs Po11ry iswed by TNE PRUDENTUL INSURARCE COMPANY OF A1IERICI~
Newark, N. l, is eontaoplated In connection with Ws Contrac°. •~the lite ot bu~rer whoat siWture appears in the insunnce option box, Prorided tlds Contnct is
assigned to 6enenl Elatric Crc~t Corporation. or 6enenl patrk 6icdit CorponLon oi Georgis. Such insurana„ if obhined. rill becane effative from the d~te from
Nhich finma chsrta aa the indebtedness sccrue sed a artificate desuibin` it will_be furnistkd wiWn 30 d~ts. The insunnce will Qn absencs of detault on insWmeM -
paymentsl rem~in in force wbject to the terms of s~id poliry~ until dischu~e uf the ~ndebtedness. liuuance proceeds rinnll bs applied to rcduce or extinguish the indebted~
, ness rem~ininj unp~id x~d,sa~? balance rri~~ be Paid to byrer, if liring, otherwise to his estate. The deatA benefit is p~rable if Mryer dies wNite insured w~der s~id policy. ,
Tha total and permaneM d~sabiliry benefit is papsWe if Duyer bewmes toWlp and permmently dis~Wed rrhile inwred ur~der said poliq and rem~ins so ~s~bted snd
insured thereunder for a waiti~ period equ~l to the lesser of W 6 months or (N on~-hali tAe tull scl~eduled term of the indebtedneu. The amount pa~rable in the erent
huyer dia a becanes totalh and permanent~t dsabled will be the amount necessary to-diuharge the indebtedness ~t dath or at the end of said waiGng period. u the
case may be. ra4~ced, in the latter instance br the amouM of all instalments then due and wpaid. In no erent sl~ll moro Uan i15.000 be so papable with respect to _
. ell indebtedness of Mryer tAe durations of which are concurrent in whole or in part. If lite insursna does not became effectire or s clwrge theretor in ezcess ot the above
limit is made. an appropriate rofund or uedit will be made. In the event of temun~~on of tbe insuance prior to maturilp ot this Contract, ar~? unamed pation oi the
life insurmce eh~rge Qrned on "TAe Rule of 78" retund formulal, will be promptl~t paid or credited. ii j1.00 or aate. The refwid formula ~s on file with the St~te
Insuronce Dewrtment wherc nqu~red and with ihe assiQnee reterred to above. •
NOTttE OF PROPOSED GROUP PROPERTY INSURANCE-If the properhr inwr~ace option is elected on the rererse'side hereof, property t~unna is
contempbted wber a 6.~oup Credit Prop~ Insunnce Policr iuued to General Oectric Gedit CorpotaGon and/a 6etieral DaUic Credit Corporation of Geor~ia (hereio-
after collectivelr alled "Creditor9 Dr ELEC RIC ~1UTUAL LIABIUTY INSURANCE COMPMlY. LYm, Mus. covedng sll merchandiu listed on the roverse side of tNs Contnct
against lou or destruction by one or more of the tollowing hazards-fire, lightning. rrindstam. flood, acplosion and theft Wut aduding such harards ss war, strike.
nots, electrical disturbmces Mnthin the merchandise, ordinuy rrear snd tar uid fnuduleM oomersionl. It is w~derstood that wch inwrance is available ony? ii tNs
I~ Contract is sssiYned to Cred'itor aM ii saepted b~r the inw~er will become effective imm the d~te from Nhich fin~ce charga on the indebtedness sarue. The inwrance
will Gn abscnoe of default on installment paYments? remsin in force, subj~ct to the teims of satd palic~? until discharge of the indebtedness. In the ere~ an~t or sll o)
~ r the corered merchmdiu is lost or destroyed by one of the corered hozards, iesuter will ps~/ the w~paid b~lsnce oi Ws Contnct to the Creditor on rout beh~lf snd :
I eay you the sctwl insblled ralue of said merchmdise Itu ssid w~psid bal~ce ku no~m,t deprai~tion. If s~id merthandise is damaged bp one oi the corerod h~zuds. _
~nsurer xill p~? the oost of ropairiaQ such dunage. In no event shsll more than =50.000 be so pap~ble rrith rcspect to corered merchandise on smr one pranise. •
In the ere~ oi termination of the uiwnncs prior to scAeduled wturih of Ws Cootnct. any uneuaed portiou of the p~oyertY ins~umce chu~s Nill 6s prooptly '
~~aid ot c~edited li i1.00 or. ayr~. - • . .
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