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Home My WebLink About2054 ,t • . , . - ~ PAGi ?MO . . . • , ~ . E,# q ? ~ :a. . _____~3.65~._--------at the ti~}e of the execution o~ this agreement. :______.Q.~.__________at the time~of delivery of the eq~~e~~~ ;__~~„9.9~_________in___2~_monthly inatallments of ~~!95 ______each or in amounta as indicated in schedule of paymenta. TOTAL a__ _--------below~ the first installment being payable on the_______~~______d~y - of--------F~?--------, 19_ ~ and all subaequent instsUmeatta on the same day of each month thereafter until the entire o~a Z6o~ad~aceA~~T3ne~..en_aol]ua.~c~511~~ ti--,~3~~- noltara ahaU have been iully paid, said installments bearing interest from clate at the rate of six per centum per annum. Said defen~ed purchase price BhaU be e~ idenced by an installment promiasory note exECUted by the Buyer at the time of the executio this agreementl_ pa~~able at the times and in the amount hereinaiter set forth. that is to saY ~ ~1~2_ _ danu ' JanuarY i---------- JanuarY i---~QQ_ January ~'3? FebruarY i---~.m- FebruarY a---5~5~aQQ_ FebruarY i---------- February i---------- \+Iarch E---~+~fl- March ~---~-QQ_ 3~darch i---------- March April i---~- aP~ a---~QQ_ April AP~ MsY =---~'.~Q- MsY a---~aQQ_ 11iaY MsY June i---5~i•~- June #---~t~44_ June i---------- June i---------- du]Y i---~~- dulY i---~' a44_ JuIY i---------- J~Y i---------- Auguat i---~~_ August i---~~_ August a---------- Auguat i---------- $eptember;--,5~Q4_. September--~---~_!~ September;-=-------- :SePtember;---------- October ;__,.~Q4_, Oc~obe~ i---~ta~_ , October i---------- October i---------- November i---~*~--- Novgraber ;---~t~_ No~•ember i---------- November i---------- i~cember i---~,aQO- December i---~~_ December a_--------- Deoember E---------- 3sid note and any renewats thereof shall be paysble to the Seller or order and ahall be deemed to be only ' evidence of indebtednexR to the Seller for said installments but not p~yments thereof. ~ 4. It is understood and agreed that title to the equipment and an~ replacements thereof and additiona ~ thereto shall remain in the Seller and shaU not pass to the Buyer until the entire purchaae price has b~en ~ fully paid and until all the other terma of this agreement to be previously performed by the Buyer hsve been fully performed. Upon such payment ar?d pertormance, the Seller ahall, st the request of the Buyer. execute and deliver to the Buyer an ackno~vledgment that the Buyer has made payment in tull of the pnrchase price apecified herein and that title to the equipment has passed to the Buyer. The obligation of the Burer to pav all of the inAtallments of the purchase price and to comply with all the other ternts of this agreement to be performed by the Buyer shall continue and shaU to no extent be limited by resson of any damage, destruction or loss of equipment while in the Buyer's poasesaion. 6. T6e Buyer shall pay an~ arid all taxes. levies~ license fees or asaessmenta made, levied or - a~sseea.:ced against the equipment by any legal authority and shall satisf~• any liens that maq be impreased thereon ao long as Any part of the purchase price hereunder remains unpaid. and in the event the 3eUer pays any such itema the amount thereof shall be added to any inatallment of the purchsae price, ot which in sU reapects it ahall be considereci a part. 6. The equipment ~hall be considered as personalty and ghall in no way be attached to the realty or made a part thereoi in sny manner wha~4oever so lonfi as any part of the pw~chase price hereunder remaina unpaid. The Buver agrees that the Buyer will. at the Bu~ er'a ov? n cost and expenae. fully inaure the equi~ment a8ainat damage by reason of fire in a company or companies approved by the 3eller~ any loss arisinpc thereunder to be paid to the Seller, as its intere`t may tippear. The 3eller, at ita option, msy effect such insurance on behalf of the B~~yer, s~nd is hereb~ authorized to do eo. and to char~e the Buyaz with the cost thereoi, and anp such eost shall be :~dded t~ any installment of the purchaae price, o~t which jn sll respects. ~t sha11 be considereci a part. 8. Up~n the happeting of any of the following event:~: (1) default by the Buyer in psymeat a~ any p~rt of the purchase price due hereunder; or (21 and other default by the Buyer in the prompt and taithful perfornaance oi any oi the terms, conditiona s?nd obligations of this sgreement to be pertormed b~r the ~3uyer; or (8) su~y attempt bq the Buf•er to sell, let. pledge. mortgsge. remove or otherwiae diapose af any psrt or all of the equipment or of the Buyer's intere.~t therein; or (4) the eeisure ai tLa equipment by or ior rreditors of the Buyer, or le~ upon it for debts. taxea or rent ; or (6) the insoh?ancy oi the Buyer; wr {6) the makinR of any asaignment by the Buyer for the benetit oi c.e+~ditora; or the ft11ng of a~olnnt~Ty or iavolontar.v petition in bsnkrvptcy by or agsinst the Buyer; or (8) the sppoin~ ment of any reQeive~_by snq S~ste or Federal court of xll ~r a substantisl p~art oi the Boyer's ~ssets; ar (9) the breach' by the Buyer oi nn~ of the proviaiona a~ the Buger's agreemeat vvitl? the Seikr ~ a~e~ _ ciate here~~•ith for the purchaae of ice cream, icce~,: snd other frozen commoditiea; then aad in sny sucb event tbe entire unpaW balance oi the purcllba~;prjce and of aaid vote ahsll ~t the option at t4e Selkr without iwtice a!'the cnc~n~e thereot tu snyonr. be«ri1r imnn~iat.~ly due ~?nd paYa~e and the BeUer' (w6ether or noL it exerci~s xucb v~~tion) may withunt notice to or demand on the 8~ (a) take ~~os~eraion of and remevr thp Pquipme~t `th m~ ~vith} cN 1~g~l procesa aherever it may be urd fi~ a»eh ~ t ~K' : OR:_> b00K' ~r~r ~ . . . _ - - - - . . ~ r - - - - - - - -