HomeMy WebLinkAbout1694 ' { ~ ~ r i ~ •
BiLLING ADDRESS ~ ' ~ ~
C~INDITIONAL SALE CONTiGCY ;v.~~~~~ ------t~M Cr111~11~N!rl G,. , , . , i _
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C~EOIT CO~r01tAT10N
~[Jndersigned xilet herebr seLla uid uadcrsigaed buyer herebq purchases subject to the tcrms u~d condit:ons herein,~fter set forth, the
equipmcnt describcd below and/or in tht schtciute "A" attached hereto and incorparattd hertin (hcreinaftcr r~ferrrd to as "Equipment").
(Desaibe Equipmcnt fully, including modcl number, malce, kind af unit, serial nwnber).
~~1M ~1~11 V~M11N ~11~~ ~~R °
~ ~ ~ ~ ~ ~ T~ ~I Casf~ Pn<e ~
+~Ma Xy~? C+~ wwr R.M. N~i l~M~rtwr O~wMr~
~ ~ ~ ° ~ ~ ktecordin;G and S
ti« r3x
~ Las I~ade In S,_,____~_ N r
(L7cscribe Aelayw~~ ) ~ ~
Basis Price 5 . `
Lc.u Cash Dow•n s _ ~
payment
~
t'npa~d Cash Balance S ~
W s-r;~r E oF r ~ o~ i
u,a ,
DoCUMENrao~STAMP 1 AX Time Price Diffcrentiaf 3_~ ~ ~
'"r a = JUN18'65 ;~y s ~ ~s ~
O = ~~Z ~ Time Balance
~ _ 2265= -
~ COMPTRCLLER~~~^~- • ' -
N1j. ~9J133 ~ :
Buyer agrees to paq t~~alance in_-3~~.....consecutive monthly - instalmca Each instatment
shall be in the sunount of s ' except the final instalment which shall be s p;tycnmts to be made st ihe place
designated by ~ellu ot ia assigns; providzd ~wrver that if a differe~at insta].mrnt sthedule is attzched bere~to said remainder is to be paid in in-
stalments as per such attact,ed schedalt. If payments are not cnade within ten (~o) days after due date, Huya agrces to paq 3.1te ch~rges of five
cenhs (54) per dollgt in tddidan to the ttgular instalment, but reat exceeding ont hundred dollars (j100.00) or thG Iawfu! mazimum, if any.
Title to Equ;pment shall remain in the selter and shalt not pass w the buyu unti! the entire pixrchax price tbueof shall be fully p~;d in
cash. All equipmcni shall be kept at:
No. ~lii~~~i wM~ N?• ~1~ ~ 4M~i
{Scmc)W ' (C1b') ~r (cowsq) (Srace)
and shall remun persona! prop~rtp tegatdless of how and to what degree it may be affixtd or attached to any building or sttucture or wha; may be
the consequenca of its being removed from such buiiding or struetutt, or far what purpose the Equipmeat or tbe building or structure may be
use~. While tat~e to Equipuent remains in the seller, buper ~grees to nse Equipmtnt cutfully and properly, nd to remove anq of it fram chc
above premises without tbe seller's writtcn oanseat and not to do or peraut to be donc aaything wherebq any put of Equipment or selier's title
thaeto shal! lx physic~lly dacnaged or dcstroyed or Iegally prejudiced.
While titte to Equipmari mmains in sdlcc, buyer ~nll auantain firt and eztendtd coveraye insurxoce on Equipmeut for its fvll insiuable
valut, with losspapable ro Sella or its assigns and huyer as thcir inttrests may appar s~nd buyer ahall, if seller so nquues, deliver ta seller policies
or certi6cata of insurance evidencing such coverage. Each poliey ahali prov:de for ben (10) daqs writtta uotice tp ssller ar its assiga.s of the
cancellation or material modification tbereof.
Buyer shatl promptlq pa9 ali tazes, zsstssments, lirense fees and other ~argcs whrn lrvied or assessed against Eqnipmtfl,t ar tbe owner-
ship or use tbereof, or this aontract or wy utompanying note.
If buyer shaIl default in payme~st of any of its instalments due under this agreement, or if buyer becotnts insolvent, ceases to do bt~iness
as a going concern, maka an assignment for the beneht of cteditors, or if a petition fot a reteivec or in bankru~rtcy is hled by or against
buyer, or buyer breath any of the terms or conditions of this agreemeut, the entire unpaid balznce shall ae once become due and payable, ak the
election of th~ selter, with inierest :herean at the rate of six }~rcent (6 jo) per annum from date of dcfault until Qaid, and seller may, without
notice or demand, by praess nf law or otherwise take possession af all ot any part of Equipmrnt, and retait~ aIl monies theretofore paid, as
compensation for the teasc~uable use of Equipment. Seller may thereupon self Equipment at public or private sa2e at which seller may be a purchaser
and with or without having Equipment at the sale'and seller shalf apply the proceeds after deducting expensa and liens to the paymeat oE
said indebtedness, ~nd pay the sauplus, if any, to buyer. In case of a deficiency buyer ~avill pay the samc at oua. LW tights and remedies herein
contained ate cumulative and nat altemative. Buyer agrees that if aftec default this contratt is placed in the hands of an attorney £or collectian
of the balance due or enfor~ement of any other seller's remedy, to pay as attorney's fees twenty per cent of the then unpaid balance, or if
prohibited by 2aw, such ltsstr sum as tnay not be so prohibited.
Time is of the essencc herrof. This agrecmmt may be ~ssigaed rvithout aotice to bupa and whm so aasigncd, sha11 be fr~c fram any deferue,
couaterctaim or cross co~nnplaiat. Waiver nf any default shall not be a waivrr of any other defsul~
F Any nate g~vw ia car~nectian ~vith this proposal ~ contract is n:sdezstood to be as tvidena of, and not ia paymtnt oF, tt~e obligaCion I~re-
~ nndtr, and msy be r~ega~isted ~rittya~ ~vaivin,g aay rnnditioa hereof, evea tlsaa~gh at tbe time of exacu~tion it may be beerapo~arily atmc}~ed hsreto.
For the soiepurpost of molving any problem of rnnflid of ta~vs with respeu bo filing ar reoocdiag hereof, it is dalared aad agreed tbat
this ccntract shatl bc deemed to be co~plettd and effective when thc ~quipment is delivcred at d~e address above speti$ed aad thzt questions of
ha
filing or recosding shalt be detttrniatd by the .[aw af such ptace.
This contrad of rnnditiona! sslc coastituta the entire contxact be~we~n buyer and seller with respect to the delivery and salc of Eqnipment.
NU VARI1lTION OR MODIPiC~t?'IQN OF THIS CONTRACT AND NO WAIVER OF ANY OF I'~'S PRO'VtSIONS OR CANDI-
'I"~ONS SHA~..I; $$'V"ALID LINLES$ IN WRITING AND SIGNED BY UULY AUTHORI'LED OFFIC~R,S OF 5EI.LER AND BUY~R.
This cotitis~ct is not biading on selIer until executed by an authorized repr~sentative of sellu.
Rcceipt of an executed co,py of ~tis CONDITIONAL SALE CONTRA(,T is liereby acknowledged.
n ~ = .
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~~~d) (L. S.) - (L. S.)
SiQnasurc of ScUea iE iaditidetl• qpd arrse o! Sclkr if othet t6aa iudividusl.) °t r~~~~ o~°+~ d&~Ct if dher tha~ indi~idnal.)
PIEASE ~f~:--.~.-~C (I..
By " • t L. s. } tn. ~wc ts~so+~ ac e~de it ar~,rs u.ac ~na'nta,uG y.
(SiRhawtr t tidt if Selki u. uot idual. ) ~ y~
~y uQ ~t61NAL BY "''y~,r~"z-i IJ' (L. S.)
~!r N~ tFW7A1WEf tS+C+atn.^~ R tide if 8~arv is sat ~di~idust.)
SeUer's Addras RtG~[o
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