HomeMy WebLinkAbout1761• X•ti,AV, DEPARTMENT LOCATION OF EQll1PMENT• (Please Print) _ ,
Name a ~,~~ttTAIL '
G E,N E R A L ®E LE CT R 1 C Address ~ ~~ !tom ~~ INaTAL~MENT~ OONTIIAOT
City ~~ State ~ (CONDITIONAL SALt CONTRACT)
c~^-sillr
Buyer agrees to pay the T' g e in..._.~.........conserrtive monthly instalments be "'~ u$,ust_.,1.....1969.•., ~~ b~~~
shall be in the amount of ~.~ ~i~...-except the final instalment which shall be =....iR~~....-, payments to be made at the place
designated by seller or its assigns; provided however that iE a different instalment schedule is attached hereto said remainder is to be paid in in-
scalments asper suchaccached schedule. If payments azenotmadewithin ten (10) days aher due date, Buyer agrees to pay lace charges of five
cents(St)per dollaz in addition to the regulaz instahment, but not exceeding one hundred dollars (=100.00) ar the lawful mazimwn, if any.
Tide to Equipment shall remain in the seller and shall not pass co the buyer until the entire purchase price thereof shall be fully rmid in
cash, and shallrematn personal pcopeayregacdlessof how and co what degree it may be affiud or attached to any building or structure :.~c what
ma}• be the consequences of its beigg removed from such building or strusure, a for what purpose the Equipment or the building ar structure
r^,at~ be used. Qrltile title co Equipment remains in the seller, buyer agrees co use Equipment carefully and properly, rat co remove any of it
from the above premises without the seller's written consent and rat to do or permit to be done anything whereby arry part of Equipment or
seller's citlechereto shall be physicallydamaged or destroyed a legally prejudiced.
Seller shall at no cost to the Buyer insure the Equipment against loss by fire far the duration of this contract and the proceeds of such
insurance, in the event of loss ar destrusionof such Equipment by fire, shall be devoted to the replacement of the Equipment destroyed or
damaged.
Buyer shall pror~cly pay all razes, assessments, license fees and other chazges when levied or assessed agaiast Equipment a the owner-
ship or use thereof, ar this coruras or any accompanying note.
If buyer shall default in payment of any of its instalments due under t•Itis agreeoent, or breach any of the terms or conditions of this
agreement, the' entire unpaidbalance shall ac once became due and payable, ac the election of the xlltr, with interest thereon at the rate of six
percent (6x) per annum from date of default until paid, sad seller may, withoutnaiceordemard,byprocessof laworotiter~risetakepossession
of all or say part of Equipment, sad retain all inoores dtetetoEore paid, as compensation for the reasonable use of Equipment, Seller may there
upon sell Equipment at public or private sale at which seller may be a purchaser and with or without having Equiprmerit at the sale and seller
shall apply the proceeds aher deducting expenses and liens to the payment of said indebtedness, and pay the surplus, if arty, to buyer. lA
case of a deficienry buyer willpay the same ac once. All rights and remedies herein coruainedaze cumulative and na altentative. Buyer agrees
chat if after default this contract is placed in the hands of an attorney forrnllectian of the balance due orenforcemeritof anyother seller's rem-
ed~~, copayas attotney'sfees twenty percentof the then unpaid balance, or if prohibited by law,-attth lesser sum as may not be so prohibited.
Time is of the essence hereof.Thrs agreement may be asstgned without ratite to buyetand whensoassigoed, shall be fteefram anydefense,
counterclaim or cross complaint. ~aivec of any default shall not be a waiver of any other default.
For the sole purpose of resolving arty problem of conflict of laws with respect to filingor recordinghereof, it is declared and agreed that
chi s contras shall be deemed to be coroplesed and effective when the Equipment is delivered az the address above specified and that questions of
f i l ing a recording shall be determined by the law of such place
This contract of conditional sale constitutes the entire coaras betwern buyer and seller with respect to the delivery and sale of Equipment.
\O VARIATION OR MODIFICATION OF Tl~S CONTRACT AND 'NO WAIVER OF ANY OF ITS PROVISIONS OR CONDI-
nGIVS SHALL BE VALID UNLESS IN w R I T I N G AND SIGNED BY DULY AUTHORIZED REPRESENTATIVES OF SELLER
.~.\D BUYER.
This contras is not binding on seller until executed by an authaiz ed representative of seller. The p r o v i s i o a s on the reverse
side hereof, hereby incocporaced by reference, constitute a part of this contras.
NOTICE TO THE BUYER:
1. Do not sign this agreement before you rend it or if it contains am blank spaces.
2. You ore entitled to a completely filled in copy of this contract when you sign it.
3. Under the low, you hove the right to par off in advance the full amount dw and
under certain conditions to obtain a partial refund of the finance charge.
Receipt of an executed copy of this RETAIL INSTALLMENT CONTRACT is hereby acknowledged.
Signed: GENERA CTRIC OYPANY
11 r
By
ct a ger, ]t-Ra epartment
(Digstrict Orrice)
G~
to executed Dy Seller) ~r,,rr~~
F 2302 10 dVYK
,~~1759
WHITE-ORIGINAL BLUE-BUYER'S COPY
CAN1tR1
Buyer
None o[ Ho ital irm, S' ure of laidl~
By
i turn and Titl r than individual
~ (L.5.)
t i e i of r than indivi al- uyer
. 19~ ~
I y (D~te executed by Buyer)
.LETIt' ~OPY PINK-FILE COPY
- ~_.
Undersigned seller hereby sells and undersigned buyer hereby purchases subject to the terms and conditions hereunder and on
c h e reverse stde hereof set forth, the equipment described below aad/oc in the s c h e d u l t "A" attached hereto and incorporated
herein (hereinafter referred m as "Equipment"). (Describe Equipment fully, including cacabg number, sad serial number.)