HomeMy WebLinkAbout1642 _ . M.._
b M? Se1~a or wi~ t1e afoewii TI~[8 BALANCS PAYABLS IN INSTALHSNTS t~~Z ^
~ t ~ ~ ~ ...a ~ ' a~oceMire ~o~Llf iastal~e~b
(lut irhi~e~t~ Dt spi't ar 1~). be~i~st a~ et
o~ t~e a~t ~q of aei se~tL ~teer ari b tis ~ b7 a~~a1e. ~~~die lu ir iot 11s seeort oI 3d~et br a~a~ ~fett~af~l.
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wi~t~e:aeo. N'~&iw~ ..la+s deii.e+s. .Lati wu.s ~o re .e~aa ~ tr. sa4r.:~t8 a. ta "s~
..o. r+v,ru~~ ~
It i~ t..t4t .peea ti~ ao aadrer. ni*e.al. am~io. or ...ip~eae o[ t~i..s~e or an~ i~tereK tkreader w ie;••f to or lo.. oe eatr.etio. at .~i/ ,i'o!
aRf sWl eel~us tk~ ~ ~ ~?~g
~1 ~P ~ ~ ~ .
ia tk CwW of 9ta1e oE : trat 1i~Bapet d~tl aidp~ a
lim, ta~ea aad eeco6raeea. s~D aot o~e sa~e i0e~a07: atiap ~ot ~e~ore ~a~e leo~ t!e aed fcee !m~ all -
or lea~e a~q ~ ia ~aidp~tr~ « ~ di+Kriet it~ tW r to bc ikd, no~
put ~ritl powes~ios tYereo(. ~itLout ttie Seller's ~nttm ooawt: ihaH mt ~ate ay ~steria! ths~e is t4 ~o~rt~ wit -
Seiler'~ ~ritta cmuot aed si~D nrq iwnaoe ia iwrasoe oayuiaapp~~xd es tie Sdkr oa ai~ dua~e bp 5re. t4ft aqd dtie~
Ssiler is. ~1s c~+l. tie 1~1U iewaMe.Ra1~e o~ t~e~coerv l~M loa. it Proi«7 +[aint lor ar
pa~s~e,, o•r +~r~'.~
.ad .~Y ttie ~Wi Eatrs ~~t $e B.7et't~1s a do so. asd a~ sdd is die ~~ie~l+wdfr~tLe
~~t~e
w~ie ~tiioi
sY116e' acbet 4eei~ -
Bo~ ~ cas es o~ t}e ae:t eewio~ ~I~t d~r da~, la tk e~e~t Shca *eoeiw a~y isM~a~e~ ~o~ei. it lrYl_ ~ne 1w rsit b t~c
a~e a~ aoca~t ot tle a~ld~~~. wtiee?v ar ~ot d~e. 8~r aWl ~atit Seller P~Mb ~ ~w ~u+~s ~o tLe aed SeBer arap ha~e tfe~t b
io~peet He ~op~ at iearorvlc ti~i. B~x w~, it :eqaa~ad b~ t4 S~. a~ a p~d ~o t~e ~oyert~ ~ y~~~ y~ w~s •
ot Ne ~relsrv.
1"~e i~ of tk e~eace oi tW a~reeaeat atl it is a~reed tht ty~o defa~h ia tYe pq~e~t o( a~ ta~ d~e ~oikr tW L ~ :
a h .~neaeac or e~e fa~ne of iLe aqer b
ooa~b ~itk aq oE ttie oerr or am~itio~s set Eat~ tien's. or i~ tk enaR tLe Bqer sWl letn~e ~ or aoaMe ap~ ib deD~s as t ~shr~ or aodit a~ aet
of tiaeknplq, ar aala a~ afs~ue~R (or t4 Yeae6t d erediW~s, eall ss~t~e~ o( crediton. +O~oi~t a oaoittee of eredi~ors or ya~t. oier s ea~i~
w or ~cdc a~ esleaoo~ fro~ acditots. aake a i~ nlt. sead ~otioes d aa i~e~8ed bdc to
ert7. ar i~ tYe e~eat ae~ m~*~P~s or av D~i. mit or aetio~ m 4w~
~ ~t~ ~ l~0d~e ap aoeants ~eod~aMe or ot?er po~
' ameaded. tor ~eoRaairatio~, ea~p~itioa. estensio~. ar*~. reod~~, 6Qsidatio~ or d~oa stiap k~ ot t4 N~s~om of t1e Natioaal Da~e~ Aet, a~
' avP~~ ~~~!l~~. ar etie appoiqae~t mier as7 lviadi~ti~ at 1a~ er ia ~ b or a~aidt the B~ter or ~a tk e~at o~ t~e
e~.;cs. ot ae~ reoe:.er oi or as~ ef ~c ~ope.s~ at sre s.ra. ar it a jad~.eae
~ 6e e~tveaa~a~ tle B~er. or if aaidproyert~ a ttbe~cd or inied sqoa w adaea b W la~fd stttisrit~~ ar il u au~ ti~e iwraooe m aid ~apertr s4U be tefo~ed
or n~odlsd y aq im~ra~ce eanier or in tLe e~eat t~e eaoditio~ aE afan ef tLe H~m ~11 ao cLu~e a~ to. a ttic apieio~ e! tre SeBer or ies as~ns, it~ir ib aeeari~
f or ine+eare in eredit ri~ic or ~oold tie ScHer or ies srisns at an~ tl~e dee~ itsdf iaseeaie or aLoaY t~e Bqer fail to hioe p~er nre af tLe p~opery ar a~a~d~ tle
~ ~ optim of tre SeBersre? e~mb aq aod all a~oa~s tien ~a~alm~ ~apaid ttie~eo~ and He aep~id 6alanc~e of t~e p~o~is~ar~ ~ate ~in~ in eoo~aeha~ tierewid~ tYdl
. ar its wi~o~ bao~e d~e asd pa~ab4 t«elritr ~t~oot desaad or notiK. ~iieti are hetee7~ ~aired b t4 B~er. awd it ~aM tip
S re ia~fd tar t?e Selkr ae ib a~ to ~iatey eafoeoe y~a~eet ot tie foll~p aid 6aLsoe d saidp~os~~~ aae to ats :w~ediaa
~it~o~t ~otiee or de~a~d, ~lieL aee 4etti~~~ e~a~ wai~edt ~d tor elis pnrpo~e tie Selkr m7 eMer tiey~
"a ~4n a~id Pn+P~7 ~s7 be
aod~rse+e~ tle ia~aa .
t~e Bs~er 4*e?7 vai~eaa~! aetioa ar *+[k d actran of an~ luea ~?aLOerer a~aidt t1e Sdkr 6eeao~e of ~4
M7 or ot~ersi~a ~ w ee~ aaid p~o~ert~ st pbGe or yri~ate sa{e witti or sittio~t notioe to ttie Hs ~07~• ~ or teee'tioe d~tid
m(ifp ~ea. aotioe b~ snl~ alore a1aU ~
deat)aad ~itti or witio~t li~im~ wr1 oropert~ at tie plaee of sak aad t~e Selkr ar~ bid at aa7 Pollie sak. Is me oE repoasenion aed sak. all ~ua aa'
redoetion o[
a~ier ~ stid yropettf a~d ao~ su ra~ainiai (ro~ tie pcnoeed~ d sde alter dedoetioi t4 nasooabie ycpe~es P~ ~In ttie~e*eat of~yaaer
prioc. ad tle aetyc~~ af weti aale aooeed tie balaeoe dae m at~Y onee. t1e sm~ revai~it~ stiall be to
~ion. tie Dqer aLo a~rea t~op~ ttie Shcn's or ib atii4see'~ oovud fea in aq asoaet aa ~oee tLaa ~um Peraat (IS%) oE cYe 6aLsoe dnG if per~itoed b ta~. If
for ae7 p~,tir ~eopetf~ WY iail b aatisf7 tie de6t. mte+est. aoW. comsd fees aad dYer eYfr~es, tk Bu7er 6e*'eb7 oo~emft~ aad a~ras b ya~ itie defae~e~.
SeOer ddl 1~~e ttie ri~~R to e~[aee a~e ot ~ae te~ ~ a~d ~aaer aa~ P~o~iporl aole e~ideseint tie ~up~id vl~eec ~ineot. sooeao~ er e+o~-
ccn'e~W and wei aetiaa Yall sot aperate to wo* or prereat Sdkr ito~y~ aq f~itier or otLer re~edT wWeY Sdkr Yate~~ b 4~. /1~
of alt ~r ae~ p~rt of t4 ~royat~ ~t aa~ ak t4reaf p~rs~ant bo t6e terr- 4reof~~a11 mt aperate te rde»e or diaeAar~e mtil ftd~ 4
made ar 4rat aRreed aad m tie ereat liat aq aee or aore imhll~mb ~ade pa7able ander ttie terss ot i6isa 7~+ M7~ ~~aL ~e
~c~ep~ sMsU.~ ' or deereased 'm anowy er
in tiie en~t ttit ue dN dMes of an7 we or aae mhl~eab aL~~ !e e~ed h~ritte~ as~ ~od ~Aere rori imfall~eaa are E~eEed dl' vn~:a~o~~• rote b~a6-
and~is~etaY,
r~o
"~"oas aod e~ea~ioes tre+eef. ~'D' tie seeunRf of t~is apee~eat ~1~tl eaati~e is idl foroe aed e~eet o~er tLe eatiie ~mpnd 'ud[bled~a~
b t4 Seper of a~ aftet a~~ defatilt 6~ ek Bo~er leceoader sLaD mt opcrate to aResd tk t'se o( ~ of as7 aaw~t tim rs~i~
~ leieMier or eomfiMe a Rairer ~tfe dier ri~Ms of t1e Shcer lerea~det. It pq~eaq are oade orer fne da~ lue a~ additioaal eredit s~nios eiat~e i
of aa1~ yer doWr ~ll k ade.
11is a~trat! ~q be a~sed bf t~e Sdkr aod, if w aaa~ed, t4 wi~~ee atian tir~e a~d be mtitkd to acereise m~ u1 a~ ri~W asa po~en d tie Sener 4t?
nuder. i~ tYe ~ ~hH sot k era~nble ~itti a~ o6~tioe~ or Wtiilitia of t1~e SeOv Lenweder a ~ith resoea tiereot. T4 B»a w~f settk a!1 ~eelminl, wr~ioe
or otLer dfir res~eet b fie ak e~dtaoed 4ni7 ~17 witk tl! Sdk[ aad ~t wit6 t4 Se6ers ani~nee ~ed t4 Sdkr's ssi~ee rLY ~a~e au 1ia~it7
or a64pRioa arai~ aK d W s~tY df~. asi tk Bner oo?eaanb tLt It ~ill aot auert apimt s4 ~ ol t4 Sdkr W detwe,_
~wo~tadaia or a6et~q~ aooo~et
o# bnaeA of sarrsw or aRtier~e ia a~7 +~etio~ Eor tie ill
I•rs i. w.etio. ~eo~it b atkr rrts 4~ela .r ~ti~po.~i~
e~t'0 ~
w; o~e~eti
e s~'~tL~ •t tLe seuv. .na tre B~er ~ebs ..t.e. r~t 1i aid
a~reeae~t ar tie lro~aor7 ~o~e ti~ ~atwrt 1etMR
?~s ~re ao a~eeeany~~ieP. re~epaR~ ar •are~, ~et~ee~ W M*~ 4reb eot e~aoei lenin. it beLS ~sreei tL~t tLis iaw~at~
tYe e~tire a~r~seat 6et~e+ea y~rtid aod~-~At or rqeamt~t~e ef tit SeBer L~ as7 ~h ~~~f. d~e or add b tk terer \ereof. eitreraea1y ar i~
wri~. M ~ni~er K awao~io~ day }ytie~ir Ma~e~ ar ddadt ~11 aat e~tit~e s~airer oE w otVr ~r a~ep~e~t lr~aeti or defavt. A~7 Mo+~!~ 4~~
e~s7 ~e redaosllr ~i~r a~7 it~ iifi~ ~at a/~at tie ~a~iq aE W~er ~fwo~ d tiis ~'aant. T~is mottaet aaert ~t ria~ed o~aY~.
?4 3e0er fe+s~7 oo~eM~b aed apes tbfi[ ttie Ssytr sL~ ~e8 a~d tr~Tj k tle cv~ema ad a~~ee~nb inei~~u8e u~ydD ~ t~e h1~~ 1r+a ~f
Y ~
tbt ~f0~lf~i .Sl~lf~g, r a{'~i1a ~ ttif ~y
•~J tiEt~! Y~ ~ M~ ~le~ a 6~ ~t ~ale oE f!e ~e MoPnb ~~M ~~T ~+~w! a~ ~owo~ oF
~r? an~ ~e rel+~tlai tle iT~[ ~E s qwodlatio~ e~ tW a~+'ee~e~t siar Mp~e~t oI th !~e ~eioe. -
~ 1'~e ~tller L 4~ aotlorisei to fils s~ st~Ee~e~t. ~ , -
~
IN ~ESS WHEitZOF. t~e p~rtia ~ee~o late ewei tW io~ts~eat ~s re 4~b Ms~
_
- THIS IS~ A GONDRtONAL SALES CONTRACT `
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