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` . a~)ga~ ~ CONDITIOI~IS b~ ~ALFt. . _ , ~
As to each . and every obligation of the Buyer herein time is of the essence. Title ~o equipment purchAsed
under this Agreement ahal! remain in Seller until ali amounti~ due hereunder shall ha~~e been paid in full. If Buy+?
er defaults in the payment of any sum due hereunder or in the performance of any of the terms and conditions
he,~o~, .or if: a,~titiou in baAkru tcy. i~o~vep~~y, c~issolution ar, :r~ceive~ filed by or, ag$inst Buyer, or if
Btiyer makes an assignmerit for t~e, be~e~t of ;cred~~ors or`becoines itusol~en~ or c ases to do busine~a as a going
concern. or if Seller deems itself ingecure,"3elt~r, withou~ not3ce ~,b Bupef. m~?y dec~are the wht3le amount u~ia ~
he~epnder to be immediate~v due and payabl~ . and . may collect tbE same by anit or otherwise ; or, witbont notioe
or demand. by process of law or otherwise, retake posseasion oi `the equ~pment and sell the aame at pnblic or
private sale, without nc`.~^e to Buyer, at which sale Seller may bid, and app~y the proceeds of such sale, after de-
dutcting all ' chargea of r~posse~sion and euch eale, inclnc3ing reaaonable atborney's feea ~to the amount unpaid
l~preunder, and any. surplus ahall be paid to and any defidency shall be paid by Buyer; and Buyer agreea to pay
. reasopable attorney's fees and court ooats incurred by 9eJte~r ia the reouvery of such deficiency. All of Seller'a 2
remedies fierein atated are in addition to any pther remedie~ provided by law; sll remedies ahall be deemed cumu- ~
lat~ve and none ahal! br deemed exclusi~e oi any other. F.a,ch remedy tnap be eaercised aa many times aa seller may ~
deem nece8sary, f
Upon delivery of equipmeni to Buyer, Buyer $liall assume-sU riak af losa or damage to the property and ahall j
pmvide fire and eatended coverage insurAnoe thereon ior 3eller'a beriefit 3n an amount aufficient to pr~tect 3eller's
interest therein. Buyer ahsll not remove equipment from the premisea, or ahall not transfer any intereat ther8in
or in thia Agreement, without the written consent of Seller. The equipment ahall remain personal p~operty, regard- ;
less of the manner or degree of its anneaation to any building or atructure.
Buyer ahall pay aIl licensing or regigtration fees for the equipment and kee the same frae o~ leviea, liens or ~
encumbra~~ea. Bn~er ahall file all required reports and pay all perBOnal property, ~cense or privilege taxes imposed
on Seller_nz ita _sssl~nees , with reapect to the_. equipment ~r tha transa~tions herein cantemplated. aad/or _ taa~ `
in lien~thereoi,~a well as such eales, use, gross receipts or other l~ce taaes which may now or hereafter be appli ~
cable to the trahaa~ction herein contemplated (including any ase' ent o! tbis Agreem and . tl~a ht t~e
aseQase~~gsins~ tLe equipment, Seller or its ,asaignees. . ~ ` _ ~ . . ~
"~h
s~l~reeinent may be asaigned by ~er, and if ao assigned, the .asaignee . shall .be en~itled to exercise all
of the r~ghta,and powers of Seller hereunder, but shall not be chargeable with any-of the bbligations e~ liabil~iee
of 9eber -hereurider. Buyer' agnea and represents tLat it wIll not aesert any cla~m of defenee• wl~ich Buyer may
have agair,st Seller in any action by or againat such sa$ignee. .
~Thig Agreement constitutes the .ent,~re qgre~nent between the partiea. and na am~endmeat or modifiCation '
hereof shall be valid unless in writing ana aign~ed by the p~artiea. The grant of any exte~ioD~ or indiilg~oea to Btiyer,
or f~ilure by 3eper to enfor~e any term fiereo~ ah,all not be deemed a waiver of auch term or ~f sa~y of 8eller's
righta hereunder. Any provision pereof which pxoh~bited by the applicable law of any `sta~e a1ia1~ aa to such state, ~
be ineffective to th~ extent rf sach pro~fbition ainl,y, withont_ iuvalidating any other provisions hereof or any ;
right in lieu of such ineffective provisions which Seller may have undei tlie IaW of sne~ satte. - ~
~•If tfi~ Agreement is ~executed by two•or more Buyere, ~iyera agree that the provisions of this Agreement, :
including their obligationa hereunder, shall be applicable t0 t~ jointly and: ~severally. _ _
_ ' . _ ~ GIIA.ItANTY
. „
In consideration of the acceptance by WE3TINGHOUSE-CREDIT COI~PORA1{'IOI~ of the within Agreement,
or the assignment thereof by 3eller, as:tbe case may be, and for other geod and valnable conaiderations;'tbA under-
signed gnarantors, f afntly nnd severaII`q, gumrantee to Westinghouse Credit Corporation, the full, prompt perform-
ance and discharge of sll obl~gatione o~! t~e Buyet under eaid Agreement. (~n~tors' liability hereunder ehall be .
primary and Westinghouse Credit Corporation ahall not be required to proceed or take any action, legal or otherwia~
against Buyer prior to ~nforciag the p~rovieians_ oi thia guaranty. All not~c~a -of every ]dpd to w}uch GuBra~ntora
migh~bg.entit
~ b~ law or otherwise are hereby w~ived. WeBtinghouse Credi Corporationmay grant a~y ezteu- .
eioa~ 9i j~~Igenoee or make any com~romises or settlements with Bqyer ~out etfecti~g- Guaran~pr's liabilty
hereunder. . _
4. _ . . _ . . 1 ~ -
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` N_g ~ ~
~ ~ A33IGNMBNT BY DEALER ' '
z~o ~xssouas cx~rr oosroseasc?x . ~
FOS YAi.CE RECEIVED tLe anderdsned doe~ Lenb~ ~Nl. Wiso aod lra~fel' w11 tLe RarranUes, term~ ~od nroctsions oi an asreeoent betnem tLe nndeesf~s~
to W'F.9TINOHOUSE CBEDIT COBPO~
TIOT+ hf~ IL or 1Ldr rls6t, tltle aad ed ~d We~LLnRLon~e Credit CorporsUon. It the partle~ L~~e e~eoted ~II an a~iEb
tntereat in smt b tAe vifhin contt~ct aud We D~D~t! ro~~ ~f ~d w~~~ meAt, ~re made a D~+'t he~eof b~ reterenoe, and Dpon ~r~icb ~Ie~Un~howe ~MA(l
pild Wcstinst~oq~Ct~edtt Corporatloa t~de t~erf ~et and thin~ ne~arl W collect Cur~eraUon relie~ in mskin~ this Dump~R., ]jdWr the• o! ibe ~1tD-
~ad diacLa+se Ws w+nr. IInOe~kded ~a[»Ws that'tLs afW emteact aewe ~mt tLe in dMCSibed D~uD~ts 4+oai the SOSlt ?a~ aM a~oK~ b~s Ot
eale M the within qq~iDOd propertT: L tbe oN~ contract fo' tLe sood~ de~ezlbed rncord tIlis contract vLea e+euufred bp law eba11 rr3eare {Le p~denlsned trom tbs
thereio: and ie Renni~e aoA entorarable: tLat tLe roods ~are dell~e~ed and K~ted• obll~tione hercin and fn said a~creement between 1t ~od WatlnsLoa~e (.7edtt ~
thst the do~rn paTmeA~ ~a~ made in caeA sod not 1{~ eani~tlent ~nle~s otl~twLs l'~ort•oratlon_ WestlnRboaee Credit Corporatla~ ~h~1~ not De reoaired to p+ooeed
EperiAed• Ihat no part tLaeot wa~ Toaoed dlrectl~. or b~'tLe nnde~fttne~ ~ialRtt Biv-Ct as a condidon oi enforc~os the obBsaUons ot nnderef~oed here[n aod
to iLe ~ritLia namal BuTK' 1Lal titb b tLsalo~a~ild ~~~t~ie~lu W! ttndel~ i~. rald asrctmc~t. :
d~ned lree and clear of si) lieo~ aod encamDrances ~L~taoerer. e=oept tLe nltLin t
cootrsct: t~at tLe Bnser wa~ pt le~a1 a~e st the tlq?e ot the e:ecntloi oi tbr eald ;
(+onVact: t6al the nuder/itned hL~ the r(jLt b aR~i~f stid contract: and ths{ tLete ~
le uow~ o+~in~ lRereoo ths ~mond{ ~ rt tortl tL~refn. ~ ~
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