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HomeMy WebLinkAbout0409 t:, .~•-=.G i~~T,~ G 7p AOOITIOMAL TEtMS AND tON01TI0NS 7~N%~tt~ , 3.~.~ ~ 7 S~- sholl hove the ri ht to dedare oQ cmounts due or ro become dw here. - Thef oN gEnol Seiler mar osugn this contiod and his assigne under to be immedioteF~r due and payable ond SeUtr shatl hnre oll the acquire all of his interesl in this contract ond the Property a~. , . remedies of a Secured Party under the Uniform tommerciel oe enlitled to oll 1Ae rights ond pnvileges of Seller hereuwder. - iding tha right to repossess the Property wherever the same R~~ ~er rece~ves notice oi amr such ossi nment, tu er sholl ~r ~'-f ~und with free nght of eNry, oad ro recondition end sell the ~~~mems hereunde, d~reclly to the ho~der hereof . a~~d the ~uhl~c or piivose iole. Upon reque~t, Buyer shall delive~ the ie`ler shalt n~t be ihe age,it ~i the h.o~de~ for irc+~su~:ss~~n to Seller at a plate de~ic,nated 6y Seller. Seller shoR have ~~~entc ot oiherw+ie. Bu er shal) not hen~fer or otherw~se d' to retc,n oll poyments iaade pnor to ~e~ossessi~n ond 6uyer ~ ~mn liabie fur any dettueniy _ Any petsoraity ir or o!t~ched inlerest ui t~:; coni~nci or 1fie P:opert}~ ~ " f:opecty when reNassessed moy ~e hc~d ~y Seller w~ifiout • _~~E OF PROPERtY - NO WARRANiIES or~ Suyei zhatl be deemed to havr waived any tlaim therero :'uyer s+iall keep :t:e Property free (ron~ ~I~ en~u;nFra~~ces. ~ rr:uen demcn~ by certit~ed ,nad i~ made upon Seller within aa~ount that moy be poid by ;eller ~n releose or C.sch,:~ge th; .s after reposseis~on Baver a;iees fo pay rEasonoble alror- be paid br Buyer io Seller torlhwith u~un dema~ai wrth ~nte• `:es :IS'o if perm~tted hr ~aw; ond other eapenses incurred by „~9hest lawfut controd rote_ Buyer sha I not use the Propert~ ' in efiect~ng collechon, repossession or resale Aereunder. ~mproperly or {or hire and sholl not remove the Properly (rom . remed~es hzreunder ore ~o_ additian ro a~r ~iven by law and of his residence rilhout ~he writlen perm+s~~cn of Seller. No ' e enforced successiYely or concurrenNy. Wmver by Seller of ahon, promis~ or warraet~, exeress or implied, has been made :foult shall nnt be deemed c woirer of ony other default. witR respecf to the merchantabilitr, suitabd~tl? or fit ~_-'.'=3- purpose of th! Property or otherwise unless ti~e saa i-' : • ~ e~~ dorsed hereon in.wn~ng or is contained in a separab ~ , ~ nshr, renswal, exfension or ossignment of this coatrad or an~r inshument signed b~ the o~iginal Seller. Burer will seh ~ c ~ o•=1 hereunder, und no (oss, damage or destrudion of or to the w~th the erigioal Selkr all claims concerning the Property or ' ~ ; ry, shall releese tu~rer from his obligations hereunder. This operataa • s~a _.d constitntes fhs enhre ayreemeM betMreen the parties and ao !9. DEfAUIT r:cation he~eof shall be va l'd in unr erent, and Bu~er expressly z-- ~ 'L t6e ripht to rel~ thereon, unless mode in writiig siyn~~d by Time is of the essence of ~his coatract. In the eveN 6up~ ~ A~ pcovision of this co~roct prohibited by applica D le lu~r in amr payment, or,tuils ro comply with a~ryr of the prsr~~ ~ bt ineffectire to the extent of such probibition r~thout imolido- or ~ proce e ding in b oo krup try, r e ce~r e r s b ~ p o r i n s o h e n c} , ~y~ ~~m ot her provisioa o F t his co Mroc t. i h is co a lr a d s b a l l b e instituted by or against Buyer or Ms property, or Seller a•"~ br the laws oi the state in which the original Seller is Properiy in datger of mnuse or confiscation, or Sellet ~ x ~ shown on the Face oi this contract. ; reasonobl~ deems the indebtedness or the Properry inse• ;~a. ~ ~ is~ i - ~ - I alue Received, each of the undersigned guornntors, jointh e prompt and unconditiona~ parmer?t, perforn+ance and dis- ~ _ of ~II Buyer': obligations under the wi;hin ccntrod ond ' %ti defa~?It in any of soid obGgotions thereunder, to poy upon demand ~ t!1 amount rema,r~~ng ~r.paiJ lhereu~der fog ether with a re~ ' o ~ of the amount then d~e. or ~f prohibited, the amount permitted by ;n.~v. it placed with an attorney for collection. The (iobility of g; ~ ,f .~d by orry e,cfension, renewal or ofher dronge u? the time of payment the said contrad, or any change in the monner, place or ferc ~release, settlement or compromise of or with any parfy liable for the . ym~•nl thereof, or the rcleose or non-perfection of any secur " s~d f the within contwd shall not be bound to exhaust ih recourse ~;,~nsi Bu r or ony other persor. or an~r security the Folder me ; ~ ing entitled to paymeni from the undersigned hereunder. Each of ,;nderslgned y~arantars hereby wawes notice of the accep i preseMment, demond a~d protest and notices of rron-paymen+ and . onor, and any other demands ond notices required by lo• ' counterclaims. Tne obligotion of each of the undersigned guaron- ~ hereunder sfiuU be in oddition 1o any uther obligation i~~-~, • ~ with ~esped to the within coMrod. - fIlEO ANO RECUROE~ _ ' ~ a~~ ST. LUCIE COUNTIr ft n ~ .~antor - s. a .f . Fii1=r€+2-~AL~R#~5-- - _ „ ' , , : - ~ - a~ E f Y . , - - ' + ~ ~ F • " ' tC i. g • ;S ' . . _ _ ~~~i~•O~fOf ' . . ° ~ ~ . ~ E-_- - - E - : _ - a~:1C7Qa) ? . J .'b ~ ~ -~.~Iler named en the Face ot this conlract sells, ossignt on~ _ c~ o•~ it Company (hereinafier called °Ford Credit") his, its or their entire ~ t~t1e and ~ntere;t in ond to the within confroct und the ? g= ~ ° - outhonzP> fcrd Credit to do every od and th~ng necessary to collect ..;:;chorge obiiyot;ons ar+su~g out of or ~r.udent to said : ~a Nrde~ to induce Ford Cre~it to acceP t oss~gnment of the contracf, the «orrants that: the contract, and guoronty if ony, a.e ~ --^rceable ond orose from the sale of said Property, said Property is as ,.r.ted to the Buyer named therein who wos quoted boi: ~ ``,sh price; the within contract wos co:nplete in ol~ respe~ts ond Seller ~ i, all ductosures required by ~ow prior to the exec~hon t... ~tlnot o minor, has capacity to conhod and paid ihe down paymeM ^ '•d in the controct with his own funds: nll s~otemenfs mo•' ~ ~•r and furnished to Ford Credit by the $eller are true to the best of the •.'s know•Iedge and belief, ar.d the Seile. has no knowk ~ >oir the volidify or volue of the contract; title to said Propeity is ~ested ¢ ~ Selle~ }ree o~ oH liens o~:i c~cumt~rcrr.Ct~S ond the Se~ie ` 'ti •le. li tAere ~s ony b~eoch of ony of the foregoing worranbes, witho~t ~ •.}-~.d to the Sel:er's knowiedge or lock uf knowied~e w~tt ' `io ~ t's reliance thereo~ the Seller hereby agrees unconditionally to p~r- ~ e caid coMrocf from ford Credit, upon demand, for th• 3; ~ n . ther soid cont~nct ~holl then be, or not be, in defauh: Seller further ~ ~~~s thot ~n tvent Buyer or any other persom m~kes a cla o. (t ~{ads which, i1 true, would ccnstdute a breach ot ony of the foregoiny ~ ..orranties, Seller stwll ossume the defense o1 such claim a• sod - rd C~edit hormless from all Iess, cost and expenses ansi~g therefrom. r add~tion, the Seller guoranties poyment of the full omou. 1 ceMract and covenants if defavlt be made m any payrnent coming ~ c rhereunder to poy the full amount then unpaid to Ford ~ fs otherwise provided by the terms of the ford Motor Credit Company Plon in effect ot the tima this assignment is accepted. The Labd~ty or the or6er .~.od not be otiected by ony ex!ens~on, renewol or other chonge in the time - yment of the said tontracf, or ony change in the manner, place or terms of po ment thereof, or the release, settlement or compromise of or with ony partp hc~Ol~z for payment thereof or the releose o~ oon-perfection of onr security therev~er. ford Credit iholl not be bo~nd to exhaust ifs recourse ogainst the 8vyer . ~ any otfier person or ony sec~ritp Ford Credit may ot ony t~me hove before be~ng entitled 1o poymenf irom the Seller herevnder. The Seller woives notice of the acceptonce of this ossignment ond notices o+ non-poyment_ and non-pe?(ormonce of the controct ond ony other notices required by law ond waives all seto4is ond tounter cloims. This assignment shall become effecti~e upon detivery of the within contract to ford Credit or u o F rd,CrediYs poymenf of fhe ~ pvrchase price therefor whichever first occurs. ' ~:1~ ~ ~ ~ ~ BOQK ~v~ FAGE ~O~ ~ . ~ ~.~r:,~ rF~~ „ - _ . _ _ ~ .~~.r;r Sa. w ""s ~ y ~ . ~ ~sr'~ s~ .ff.~:a;.:~~~ a_~ 1