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2 j ~ CONDITIODT3-OFSALE
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as to each and e~ ery obligation of the Buyer herein time is of the es.4ence. Title to eqainment purchased '
unde. thi$ Agreement shall remain in Seller until all amounts due hereunder shall ha~ e been paid in fuu If Buy- ~
er defaults in the pns•ment of any sum due hereunder or in the performance of any of ~ the tPrms and conditions
hereof. or if a petition in hankruptcy, insolvency, dissolution or receivershig ia filed by or ags~inst B~iper. or if -
Buyer makes an assignment for the benefit of creditora or becomes insolvent or cexses to do business as a going '
cc,ncern, or if Selter cleems itself insecure, Seller, witbout noticQ to Buyer, may deelare the whole amount unpaid ~
hereunder to be imniediatels• due and payable and may collect the same by suit or otherwise; or, Kithout uotice
or demand, u~• process of ~aw or athertvise, retake possession of the equipment and sell the san~e at public or .
pr~ ~ afe sale, «ithout notice to Bu~•er, at ~vhich sate Seller may bid. and apply the p~•oceeds of ~uch sale. after de- '
dticting all charges of repossession and such sale, including reasonable~ attorne~'s fees to the amount unpaid E
hereunder, at:d anti• surplus ~hall be paid to and any def~ciency shall be paid b~~ Bu~er; and Bu~~er agrees to pay i
r~~:~sonable attorne~•'s fces and eourt costs incurred-by ~~ller in the recovery,ef such deficienc~•, '
lipon ~irli~-er~~ of E•~~uipmt~nt to Bu~e~',~Buycr sha11 xssqme sU risk of loss or datntege Io the proprr:~• and shall ;
~:~~ide fire an.-i erte~=clc~1 co~•er~3~;~e insurance thereori. for Sel~er's benefit in an ~mount sufficient #o protect Seller's
~~~tcrest therein. Ru~er shail not remove equipment from tlie premises, or shall iiot t:ansfer an~ interest therein ;
c~. in this Agreement, ~~°~thout the «ritten consetrt of SeIler. The equipment shall remain ~~ersonal propert~, regarcl- ~
of the manner ~:r ciegi ee of its annexation~ to any bu~ding~ or sttucture. ` s
Bu~~cr shail pa~' <ll licensin~,~ or i~~gistretion fees for the equipment a~d keep t}:e same free of lev;es, liens or
encumbi•ances. Bu~•er shall file all required reports a~d pay~ali peraonsl property, license or privilege t<<xes imposed ~
on Sell~r or its assi~,rnees with respect to the .~.~c~uipment or the t}~~nsxetians herein contempiated~ and/or taxes `
iii lieu tli~reof, as ~vel1 as such sales, use, gross ~receipts vr other ~ike_ taxes which may notiv or hereaftPr be appli-
cable to the tran~action hE~~•ein contempl~ted ~(~ncluding any assigntnent of'this Agreement) and that mighi be
a~sessed aga~nst the equipment. Seller or its assignees-
This Agreement ma~ be assigned by Seller, and if so assigned. the assignee shall be entitled to exercise all
of the rights and poH-ers of SPller hereunder, but shalt not be chargesbie vilth any of the ol~ligations or liabilities
of Setler hereunder. Bu3•er agrees and represents that it will not assgert any claim of defense which Buyer may
~a~~e against Seller in any action by or against such assignee, ~
This Agreement constitutea the entire agreement between the partiea, end no amendment or modiiication
hereof shall be calid unles.4 in writing and signed by the parties, The grant of any extensions or indulgences to Buyer,
or failure by Seller to enforee any term hereof, shall not be deemed a-waiver of such term or of any of Seller's
rights herennder. Any provision hereof which prohibited by the applicable ]aw of any state shall, as to such state,
be ineffective to the extent of such prolu'bition only, without :iny~idating ~ ~?ny other provisions hereof or any
right in lieu of such ineffective provisions which Se11er maj• have under the law of such atate.
If this Agreement is executed by t~vo or more Buyers, Buyers agree that the provisions of this Agreement,
including their obligationa hereunder; shall be applicable to them jointly and severally.
. GUARANTY
In conaideration of the acxeptance by WFSTINGHOUSE G~iEDIT COBPORATION of the within Agreement,
or the assignment thereof by Seller, as the case may be, and for other good and valuable considerations, the under-
aigned gusrantors, jointly and severally, guarantee to Westinghouse G~edit Carporation. the full, prompt perform- ~
ance and discharge of all obligations of the Buyer under said Agreement. Guarantors' liability hereunder shall be
primary and Westinghouse Credit Corporation shall not be requir~ to proceed or take any action, legal or otherwiae,
against Bvyer prior to enforcing the provisions of this guaranty. All notices of e~er}~ kind to which Guarantora
might be entitled b~ law or otherwise are hereby waived. Westinghouse Credit Corporation may grant any exten.
sions or indulgeaces or make any eompromises or settlements with Buyer without affecting Guarantor's liability
hereunder. .
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. AS~iG~i.1[EYT BY DEALER
TO R'E31'INGHO[JSE: CEtHDiT OORM)RATION
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~'OR YALUE RECEIVED the uode~asoed does 6rie6~ sell a:isn wd trs.isttec All the warrantiea. tnm+ snd provisia~s ot a:~ aaie~emml het.Pem the tnd~e3 -
to WF3'TINS',HOU38 CRF.DIT QORPORAI'ION hi~. ib or t~dt n~ht. title and and Westirurhoa~ Crdit Corporation. if tbe partia Ds~e e:ecoted mcL an asree-
mtenst in and b the within caot+act aed tTr ptvperty cweied tbaet~r ~od aulhorirn~ menR are msd~ s osrt Aereol bT nferrncr, and apon which ~Ie~it~Louse (~w~it
enid W~bo~s Ciedlt ~ucporatios b doeve~~ ~et ~Od~ Leoee~ry W a?llecy CorDOrstlnw *eli0~ in mskla[ thls• Dnrc4a~e. Ndtblr t'e repoeaedon M tbe ~ritb-
an~f dixi,ar~e tAe eama Uade~i~ed warranbb th~t We a~id oootraet ames trom tbr 'n drrcribed DropertT from the Isnrer for an~ csese. nor fallnre b tib or ~
- le ol the withi+? da+eribod is tbe oo[~ oonttaet fot 1Le ~f~ d~cdbed rw,ord thl~ convact ~Leo reamn+d br law tLall rekase Ihe nnde+si~md trom tDe
ttkrein- and is ~+eouins aod eo~ ~ that tbe soods wers ds4vetO~ and ~oc~pte.l: •~GIiRaUons herdo and in eaid asn~emcnt betweta it sal Watt4iLoWe Ctedit
that the dvwn psymmt wss m~de m eaeh ~nd pot ~ts eq~qtdeat ia{ess oHwr~riye Corpontion. R'eati~chonse Ch+~:it ('artoration sbal! not be repuired to Dm~ead !
e~crified: tlut no paR t6ereo( was lwnsd ~racq~ or iMirs~tl~ b~ ths ~mdenisned ~zainrt baser ae a rnndlt3oo ot eaforcinf tLe oblisatioa ot nsdersisned haein and ~
to thc ~rilhin nanrd B~t~et; that title W ths atoteaaid pioperty ~s vested in the ~mder- 1r. saia a~cm mrat_ - -
-d Eree and de~r d all lieas and encvmArnaoee whateosver. e~aP~ tfie srithin ,
m..r.nci: that the w~ ot IeFat a{e ~t tJ~e time ot tbe ezecvtirn o[ tht aaid :
tr:~trect: that t4e ncianed 6as tLe n4bt__W aasiFn wid tnott~c.t: and Wat there '
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is cww owioa thece~oin l6e ~oooant as ref lorm Q~enetn. ~
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