The URL can be used to link to this page

Home My WebLink About0845 1Z. TAJ~S AND As3ESSMENT3. Buyer willpa y promptly whea due sll taxea and a~sements upon the goods or for Wei~ use or operation or upon this sgreement At its opUon 3e11~ may discharge taxes. tiens or security interests. or othet encumbranoes that ma~* • be leWed or plaad on the goods at any tlrae, maY PaY for insurance on tue goals. and matiY W?Y fot the mtiutenance and preaervatioa of the gooda. Bnyer agrees to reimburse Seller on demand for any paymeat made. or an foregoit~g autLoiizatlm. and wi11 Y~P'enee incurred by 8eUer putausnt to the of any ind ynder this coutract the~Buyer constitutes ~appoln~ y,attorubeqaot snqy ~ of~record to sppear ito~r ~y r at any tima ~~n~t , to waive the iasue and service ofproceas, and to confees a fudgment tn Isvor ot t2ie holder hereot and sgainst sald Buyer tof the amount owing on the withtti egreement,lncluding s reasonable attorneys fee; and the Buyer dcea hereby waive and releaae all errors whtch a?ay intervene in such proceedtnga and consent to immediate execution upoa a~id judgment~ henby ratitytng end oan- • Srmtng all thst aaid attorney may do by virtne hez~eot. 13. Buyer sge~ees thst he tua aot dcalt with. end wW rw~ at any tlme in the iut~ire deal w?ith, We Sbiler ~s the agent of Mercantile Truet Compsny. of SL Louia, Miaswui. for any purpone whst,eoever. Buyer acknowledgcs notlce ot tl~e intendcd sale of this oontract Lo MercantUe Trust Dompany ot 8t Louis Mia~ouri, and agreea that atter such sale the Buyer aQl settte a11 claims agalnst Scller dlrectly with the Seller. snd Agreea not to set up any claim againat the 8eller as w defenae. oounter-clai~n~ ~et-o~. cro~s connplaint, or otheiwlse. to any action for the p~u~cMse prlce or posseasion brought by M~rcantile 11vat Compsqy, of 8t. Louis. f[t~wuri. Buyer agrees to send notice by registered mail to !he holder withiu twenty-four (Z4) hours atter repoa~aioa if Buyer cWms aay articles not includcd henln wen centained in the property at the time oi repossesaion. and agrces that iWure to do so shall be s waiver of and bar to any subsequent claim therefor. ~yer hereby waive~ the right W renwv~e aay legal action brought by the Aolder bereof is+om the Court od8~~y aM~~B ~urisdiction Acceptauce M ani? Ps3rmenta aiter msturtty. or waiv~s or oondonstMn of aay other breach or default ahall not conatitute a wsiver oi any other or subsequeht breach or detault, snd no watver or chaage in the tertns o! this oon- tract shall be binding on Mercantile Trust (7osnpanp o[ St. LoWsr li[issoud, unlesa evidenced by s writing aigeud by o~ of ita oRlcers. No warranties, ezpreas or implied, and no representatlona. pmmises or statement bave bcen made by Seller unleas endoreed hereon in wriUng. In the event of judgment and eaecuti~? Buyer henby araives the benes! under aay eaceanption or Homeatead ststutes now or hereafter in fot+ce. 14. DEFAULT OF BUYEEi. Unt[i ddault Buyer msy hsve possesston of the goafs aad we tZ?em in uiy lawtul ma:u~ aot incoa- sistent with thia agreeinent and not inconsistmt with any policy ot iasurauce thetean. Buyqr aball be in default under tbis sgeeemeut upon the happenfng of any o! We following events or oonditions: _ (a) Default in the PaYment or pertormance of any obli~atio~. aovenant, ~ liabWty oontaiaed or nfetrad to hetdn, or in aqy ~ note evldencing the eame; , _ (b) Anq warranty, representaUon or atatement made or furniahed to Seller bp or on behalt o! Buqer pmves to have been false in . anY matertal respect when made or ttcrNshed; (c) mea or unwhich reaults in the acceteration of the maturttq ot the indebteduess of Buyer to otbera under aay indenture agree- i derf,ahin8: . . (d) Lo~es, theit, damage, deet~cti~, eale or encumbrance to or of any of tDe goods. or the maidng of any levq. iseue or attacA- ment thereoi or thereon; • • . (e) Death. ~issolution, terminstion M eaiatence. tnsolvency. buainess iallun. appointme.~tt of a recxtver of anq part of the P~PertY of the Buyer, asaigameat for the beneflt oi creditors by Buyer, or in t2~e oommencemeat of any prooeedings under anq ~ bankruPtcy ot inaolvency laws by or againat any guararitor or s~u~ety for Buqer. Upon such detault and at any time therd?tter 3eller may declan the entire unpaid balanoe owed under thls agreement, or any note ~ evidencing the eame. plua any other aums owed hereunder and under any sucA note~ immediately due and payabl~ and aha11 hava the ` remedies of a secured party under the Uniform Commercial Code. 3eller msy require Buyer to sasemble the goods and make them avail- ~ able W the 3eller at a place to be dealgnated by 3eller whlch is reasonably convenient to both parties. Unlass guods are peiiahable. threatened to decliite rapidlq in value. or of a Lype customarily sold on a reoognized matket, Seiler wW give Buyer reseonable notice ~ cf the time and place ot any public aale. or of the time after which sny prtvate aale or other intended diapoedtion is to be made. ZLe re- ! ' quirements o! rna~onable notice ehatl be met if such nottce is malled, poatag~e pnpaid addreseed to Buyer at the addreas shown at the ; ' beginning o! this agrcement at least Sve (5) days befon the time of auch sale or dispos[tion. expensea of r~taking, holding, preparing r i for sale. aelling or.the like, shsll include reasonable attorneys fees and legal expease, aad ahail be paid by t2~e Buyer. e 15. WAIVER OF DEFAULT. No waiver by Seller oi anq default aball operate as a waiver of any other detault, or ot the eame ~ default oa a futtu+e occaaion. . ~ 26. A38IGN~ENT. All ob2lgations ot Be~yer shaU bind h1s heirs. e~cecutora or adminiatratora. or his or ita sncceasors or aasigna. If ; there be more than one Buyer their obHgaUons hereunder ahall be join3 and aeveral. SIONED IN TRIPI.ICATE the day and year Srst above written. ? . ; B . f~ t . ~ ~ . Attest: • , ~ _ . _ wtcA~. ~ , sffi.~: ww~ ~~~xT cox~oxw~ox ~ sa~viso~r vc~.ton ~ ~ ~ - - ~ ~ J G. ~liy Atteet: • - - • ~1~4 ~ 842 y . ~ _ { ~a ~ .,'s:. . . . - y:~.~~. Fy~ ' i3 ~-s .