HomeMy WebLinkAbout0759 ADDITIONAI TEtMS ANO (ONDITIOiK •
l1. ASSI6NMENT shull Mw tM riyht te aeclar~ all umounis dus or b b~come dw (Nrt
The origiaal Selbr mar ossign this contrad and bis ossignee shaN unde~ to be immediuteh dw and paroble and S~Ntt slall hav~ oM tM
acquire aq of his interest in this contrad aad the Properry ond shall rights and remedies of o Secured Parry under th~ Un'rfor~ (ommercial
be entitled to 011 the rights and pririleges of Seller hereunder. After ~ode, iwdodrng tbs rigll to repossess tM Preperry wM~wer the sont
Bu~er receives notice of any such assigmient, Buyer sholl make atl mo1? b~ found rilh free right ef eMry, ond to recoaditioa o~d seB tlro
ayments hereunder directly to the holder hereof a~ the originol ~me ot public or private sale. Upon r~quest Buyer sholl delirer the
~eller_ t Ihe ogent of the holder (or transmission of pay- Property to Seller at a place designated by ~eller. Seller shall hme
~ the nght to ~etain ull pa~rmenls mode prior b repossession and /u~rer
~u
ment~ ~ .-Alryer shull not tru~ufer or otherwise dispose of ~a~~ remain liabls for amr deficienn?. Anr personolry ia or attahed
any inle~est in tha contract or the Property. to the Prop erry w~ee repossessod may be heW br Seller without
13. USE OF PROrE~TY - NO WARRANTIES Iiobiliqr ond Buper shall be deemed to have roived any claim thereto
Bu~er shall keep the Property free from ull encumbrances, un~i a~~ unless written demand br certified mail is made upon Seller withie
amouM thot mur be pu~ Seller in release or dixharge thereof sholl 24 hours after repossession. Byrer agrees to pay reosonaWe ottor-
be Paid 6p Buyer to Seller forthwith upon demand with inte~est at the ne~s' tees (1596 if permitfed b~r I~w) o~ other expenses ~~~«a ey
h~ghest lawful controct rate. Buper shall not use the Prop erry illegolly, Seller in effecting collection, ~epossession or resole hereunder.
~mproperl~ or for hire and sholl not ~emove the hopertp from the counlr Sellers remedies hereunder ere in oddition to an~r ~iven bp la~ and
of his residence witbout the written permission of Seller. No reptesent- moy be enforced successivelr or concurrentlr. Wane~ b~r Selter of
ation, ptoiaise or worronry, express or implied, bus been mude anr default shall not be deemed a waiver of aa~r other defouh.
with ~espect te the mercho~obilit~I, suifobdit~ or fitness for y0. 6ENERAI
purpose of tIM Propertr or otherw~se unless tl~e same is eo- _
dorsed 6ereoe ie writing or is ceatoine~ in Q seporate vrritten No tra~afer, renewol, exte~ion or essigmneM of this coatrad ar au~?
instrument si qned b~ the originul Seller. Buyer will settle directly interest bereunder, aad no loss, damage or destructioe of or to the
with th~ ori~inol Ssller all cloims concermng the P~oPerty or its use or Property, sholl teleose Bu~er from his obligatioas bereunder. This
operatioa contrad constitutes the entue agreement between the parfies and no
1 S. DEFAUIT modificatan hereof shall be val~d ia am? eveM, ond Buyer expresslr
i~me is oF 1he essence of this contract. In the event Buyer defaults weires the righf to relr thereoa, ualess mode ie writiag si9e~ed by
~n an a ment, or foils to com 1 with a of the rovisio~ hereof, Seller. Aa~r provision of this coefract prohi6ited b~r opphcabl~ law
Y P 1? P Y ~Y P shall be ineffective ro the extent of sucb prohibitioa w~tho~t imalida
or a procesding io bankruptcr, receivership or i~olvency, shall be ting amr other provision of ihis controct. This controd shall be
t instituted bp or ogaiml Buyer or hn property, or Seller deems the governed br the laws of the state in which the original Seller is
Prapertr in daager of misuse or confiscat~on, or Seller olherwise locoted as shown on the foce of this contract_
~ reasonablp' deems the itdebledness ~:Ibe Properry insecure, Seller
E
~ GUARANTY •
~ Value Received, each of the undersigned g~orontors, joimly ond severolly, guaronties the prompt and unconditional payment, performance and dis-
c~ :~ge of all Buyei s obligations unde+ the within contract ond covenonts thot i~ the event of defoult in any of soid obligotions thereunder, fo poy upon demond
f ull amou~t remoining unpaid thereunder together with o reasonoble attwney's fee (15% of the omovnt then due, or if prohibited, the omo~nt pe~metted by
if placed with an aftorney ~or collection. The liability of underzigned sha11 not be offected by any extension, reoewol o~ ofher change in M~e fime of poyment
e! the wid controd, or any chonge in fhe manner, place or terms of poyment thereof, or the release, sefHemeM w compromise of or wifh ony parfy {iable for the
oar~^ent thereof, or the releose w non-perfection of any security ihereunder. TF?e holder of the within contrad s h o l l not b a b o un d to ex h ot?st ifs recowse
~ a_;a~nst Buyer or ony other person or a~~r security the holder may ot any time hove before being enfitled top~ yment from the undersigned hereunder. Eoth of
_;ndersigned guorontors hereby wawes not~ce of the acceptance of this guaronty, and of presentment, demand and profest ond notices of non-poyment and
~ ~~:onor, ond any other demonds and notices required by low, and waives oll setoHs and couMerclaims. The obliga tion of each of the undersigned guaron-
to•~ hereu ~n addition to any ofhe~ obligatio~ that such guaranfor moy have with respect to the within confraci_
IUC~f ~U~liN~Y f4A, ~
v:~rantor F~ . . . ~ ~U"` °f1~3~V~aS1,'~;,~,g Address_--
. ~ • .m~ ot ~ c~ • 9~ ^ ~~tPR C~.}IT QO~1RT ~ ~
- Ilff!AR~ Y~ ~'?1 if D V
~ ~ ~ tC ~;~n2hlv L__,: r. _,,,~.Q___ Address _
(;,_,ran+or _
~ - C..:~.._'~.:. ' _
~ AS NMENT
~ 7~ Sell.~r named on tbe face of this controd seUs, ossigrss ond transfers to ford Motor Credit Company (hereinafte? colled "FMCC") his, its or their eMire right,
~ ! r'~ and in'erest in and to the within contrad ond the PropeAy described therein and outhorizes fMCC to do every oct and thing necessory fo tollect and dis-
g„ crarge obligat~ons arisin~ out of or incidenl to soid controd and assignment_ In orde? to induce FMCC to occept assigomeM of the cootrad, the Ssller worronh
~ ~ • the controct, and guaranty if any, are ge~uine, legolly valid and enforceable and orose from the sole of said Property; soid Properfy is os represemed
~ Buyer r.omed fherein who was quoted both a time pnce and a lesser cash price; the within controct wos complete in a0 respeds ood Seller made all dis-
c!, ~~es reyuired by law prior to the executio~ thereof by Buyer; the Buyer is not o minor, hos copacitr to controd a~d paid fhe down poymem stoted in the
~~act with his ow~i f~nds; oll statements mode by or on behalf of the Buyer_and fumished to FMCC by the Seller are frue to the best of the Seller's knowl-
~ ~'~c• ond belief, and tfie Seiler hos no krrowledge of ony fact thot would im ir fhe volidity or value of tiie conirocf; title to soid Properfy is rested i~ the Selle?
~ of all liens ond encumbrances and the Seller !ros the right to ossign soi tide. If there is arry breeuh of ony o} the fortgoiog warranfies, withovt regard to
_ Seller's knowledge or lack of knowledge with respect thereto or FMCCs reliance thereon, the Seller he?eby ogreac unconditionolly to purchose wid ca~trod
- FMCC, upon demand, for the full omount then unp~ id whether wid contrad shall then be, or -not be, in defavlt. Scller furfher ogrees ihot in event
B,, er or ony other Person mokes o daim ogainsf FMCC all~ging (ads which, if hue, would cortstitute o Meoch oi ony oi the foregoing worranties, Selkr shaN .
o ssume the defense ot wch cloim ond sholl indemnifr and sove FMCC harmless trom oll loss, cost and expenses ansing theref~om. In oddition, the Seller
~ duaca~tiespa yment of the full omouM remoininy unpaid under wid coMroct and covenants if defoult be made in any payment coming due thereunder 10
~y aay the f~ll amount then unpaid to FMCC, upon demond, except os otherwise provided by the te?ms of the fMCC Retoil Pbn in effsct ot the time tbis
;~~gnmeM is accepted. 7he liabifity of the Selkr sholl not be offected by ony extension. renewal or other chonge in the time of payment of the said con-
~;ct, or ony change in the monner, pbce or terms o1 payment thereof, or the release, settlemeM or compromise of or with ony porty liabk for paymeM
~ e~eof or the releose or non-perfection of any securily thereunder. FMCC shall not be bovnd to exhovst its recourse agoinst the 8uyer or any other person
~W ,
anY security FMCC may ot any time have before being entitled to payment from the Seller hereunder. 1he Seller .woives notice of the acceptanu of .
~ assipnmenf and noticts of non-payment and non-performance of the contrott and any other notices requirsd br bwand waivls oll setoffs owd counter-
~Y c a,ms. This ossipnn+~nf shaM become effective upon delive?y of the within contract to fMCC or upon FMCCs payment of the purchose prict 1hatFo~
~.~~chever fi/st ottws.
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~ ~ . ~ :
~.r . ~tj~ - o ~
:t= Ford Motor Cndlt Company t~~
600K ~.VJ P11CE
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. P. o. Box 1150
Cocoa, Florida 32922
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