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HomeMy WebLinkAbout2994 . , . . ' : D. The BUYER agrees to maintain. at its principal offioe~ full and oomplete reoords ahowuig the location of each item of equipaaent at all timee. Said reootda sha11 be available at all times to the 3F.i•i-FR or ite duly authorised repreeentativee for tbe purpoees of inapaction and the SELLER shall have free aooees at all reasonaWe times to inspect aqy equipment for the purnoee of determining the maintenanoe t6eraof. ~ E. If ar~y equipuaent is stolen or disappea~. or if BUYER faila to keep eaid equipment in good oondition and repair, or said equipment is damaged. and in any such instanoe the equipment cannot reaeonably be put baclc into eound goai working order and oondition, BiJYER shall iaimediatel3? Pa~Y to SELI.ER on demand the entire balanoe unpaid hereunder. Any insurenoe prooeeda oovering auch damags or loes shall be payaWe to SELI.ER and ahall aerve pm rata to reduoe the amount payable under this pare6raPh by the BUYER, any ezaees over and above BUYTR'3 liability hereunder to be retained by BiJYSR. ~ , 7. LIABILITY. • A. BUYER assumes all riek. all reeponaibility and all liability arising from the poeeeesion, operation and uee by whom- eoever of the equipment and whether impoeeti by reason of neglect or otherwiee. induding damages for injury and death to persone and property howeoever arieing therefrom or becauee thereof. BUYE~A ehall indemnify. save aud hold 3ELLTR hsra~less from any and all of the following whether t!~ same be actual or alleged• sll daims and liena for storage. labor and materials and all loee of and damage to said equipnnent and loee, damage~ claims, Penalties.liabilitY and e:PenBee (induding attorney'a feee incurred by Q~i.T.r~t due to BLTYER'3 failure to save and hold 3ELI.ER 6armlees as provided hereirt) howeoever arising or incurred becsuse of eaid eqt~ipment or the etorage. maintenanoe, uee or operation thereof. BUYER aseumes responaibility for all loes or damage by 8re. theR. casualty or othet cause whatsoever. w6ether of like or different nature. and shall keep the equipment free and dear from any and all daims, liens and legal proc~eeees of B[JYER'3 ~editore. 8. ~ BiTYER ehall promptly oomp~y wit6 a~ ~nform to all laws. re9uirementa and regulations, including any liaensing requirements applica8le to the poeBeeaion. uee. maintenanoe or operation of tt~ equipment in the atates in whic6 it will be operated and does and ahall aseume and PaY PromP~ ~ Pe~ties of every character arising out of such poeeeeaion. ~ae, maintenanoe or operation and ehall indemnify, defend and save SELLSR harnilees againet adual or aeeerted violations of any of t6e afoe+eeeid laWe, i'e9~nte and regnlations. _ C. Upon failure of BUYER to keep the equipment free from all ta~cee or lieva of any nature whatsoever and from all chsrges for repaira. storage, maintenanoe. Parta. or acceeeories, SELLER may at ita eledion make any payments it deemcs neoeeaary or advisable to procure or keeP the e4uiPment free from any or all of theee. The sum or siuns a~ psid by 3ELLER, together with interest thereon at the higheat lawful oontrad rate. ahall be and beoome a part of the amount wWch BiJYER is req„ired to pay under this Contract and ehall without demand be immediately due and repaid by BUYER to SEI.LLR. 8. PREPAYMLNT. BUYER ahall have the priv~ege of prepaying at any time all or any portion of the unpaid balanoe hei+eunder. Upon payment in full prior to maturity the BiJYER shell be entitled to a rebate of the unearned portion of the finanoe charg~e lees a rese~nable aervioe charge whic6 ahall not ezaeed the amount permitted by applicable 1aw. ' 9. DEFAULT. If Bt1YER defaults in any ~y~nt or in tthee prompt and fait,~ful performanae of any of the oovenants, aonditions and ag~reements hereof, or beaomea ineolvent, or pmoeedings in bank- ruptcy or for a reoeiveYShip be oommenoed by or against BiJYER, or if ..I T F13 sball at any time deem said equipment in dang?~r of misuse, oonfi~cation, c~onoealment or misappmpriation, tlien the motor vehicle pumhased ~ereunder may be rePo~eesaed and sold at public e a l e. T h e p r o~ e e d s. o f su c h sale ahall be appl~ed first to the yment of such oosts, egpenses and attorney's fees in oonnection with e the retaking, storing and sale o the motor velucles as may be allowed by the oourt if t~e retal~ng is . by legal prooess or, if t1~e retaking is not by legal pmc~ess, to t~e payment of t1~e actual and neoessary ' espenses of storing the motor vehicle, not to ezc~eed one dollar ($1.00) per day, and to the actual c~ost 'I ectt ! of publiahing the notiae of sale in a newspaper as required in sub-sectian (4) of ~ection 520.11, Florida Statutes, an~d tl~n to the satisfaction of the balanoe due under th~e Contract. After such application ~ any surplus aball be p~id to the BLTYER and the BUYER sUall remain liable for any balanoe remaining ~ unpaid si~r such applicat~n. ~ io. wa~vgR. . . A. 'I~ .RFi.i.F.R's aooeptanoe of any installment or payment after it or the fiill amouat may have beoome due and P~Yable hereunder, ahall not be deemed to alter or affect BUYER'3 obligationg and/or SELLEBB righta hereunder with respect to any subeequent paymenta or default t6erein; waiver of aay default shall not be a waiver of any other default. No waiver or change in this Contract or related nute sha11 bi~ SELLER'3 aeBignee nnlees in writtin8 siBned by one of its off c~eis. B. No modiScation of any of the terms or oonditions t~ereof shall be valid in any event and the BITYER ezpree~ly waives the right to rely thereon, unlees msde in writing duly ezecuted by the 3SLLER. BUYER als~ waives all ezemptions ~ and homeeteed 1aws. , ~ 11. DELINQUENCY. Time is o! t6e essenee of t6is Contraet. U t6is Contrut is go~erned by t6e Motor VeWcte ~ Ssles F'~nee Aet, BUYSB agrees to ps~ the 6older ot the Contrset a delinquene~ snd eolleetion eharge for defsult ~ in the ps~ment of the Contrset or sn~ insWtment w6en aneh defialt hss eontinned for s period of ten (10) dsya in ~ an amoant not to ezeeed Bve percent (5%) of the smonnt of the instsUment in defsalt .or the sam of Fioe Dollars (;5.00), whiehe~er ia the leseer. In addition to sne~ delinqnene~ snd eopection e6srge, BUYBB sgrees to ps~ reaeonable attorne~'s tees when aneh Contnet ia reterred to sn attorne~, not a eslsried emplo~ee of t6e holder of t6e Contraet, for eoUeetion, plas conrt eoats. It this Contntt ia not gorerned b~ the Motor Ve6iele Sslea F~nanee Aet, then, in the e~ent t6st sn~ inatsllmeat a6s11 not 6a~e been psid when dne, sne6 insWlment ahaU inelnde intereat or s penslt~ ehsrge st t6e hig6est lawtal eontrset rate eompnted trom it~dne date (or ane6lstet date ss ms~ be reqaired b~ppliesble law) to the date when pajd and the BUYBB agrees, if tWa Contrut is plsced for eolleetion in the hsn~s oi sn sttorne~, not t6e salar~ed emplo~ee of t6e 6older:oi the Contrset, to ps~ sttorne~'e iees plas eoart eosta snd utosl oIIt-ol-poeket ezpenees inenrred in eonneetion wit6 delinqnene~ or wUeetion to the erient permitted b~ sppllesble tsw. ~ ~ ~ ~ B~x ~s7 P~CE z~ s, . ~ ` ~ = ~ ; ~;r , - -