HomeMy WebLinkAbout0454 .~-dnoC. ~x.a,Zo~,u ~~//~~~~4~~~ ~e
r3 Jr ,tyQ /ANNo~/ /'7r"~ • ADDITIONAL TEBMS AND CONDITIONS
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17. ASSIGNMENT sheq hart the right b dadoro aN amounts dw er b 6ocoma dw 4ora-
The origieol Sogor may outgo this contras and his ossignoe shop a~~ b M dw and payable aril Soper shah beta eN tM
acquire oq of his irr~erat in this tontract and the Property and shoN n~>s owe rsmodias of a Sanred Partp radar tM Uaiforar Commart~d
M anHtied to aq tfa ryhts etd privilasos of SoWr hereunder. After Coda,iadod'arg Ilra right to yapossoss tha.Properfy whorwar the sortro`,~.
Buyer receives notice of arty each ossigtmem, Buyer shill make oq ~1? ba feared with free right of entry, and to racoaditan tad ssN t1N
a~~rrmeets Mroutdor directly to the holder Mreof and the original „ pblic ~ Private sole. Upon r wet Barer shall ddivor the
~eller shop not 6s tM agem of the holder for tronsutission of pay- Pr to Seger at o place dasigaotad~r fdlor. Sager shill hove
meets or otherwise. Buyer shop not trartster or otMrwise dispose of thee nt' to retain aq poymottts mods prior to r•possassion tad Btryer~
any imerest in this comras or the Property. shall remain liable for any deficienry. Any parsonolty in or attached
18 ~ USE OF PROPEBIY - NO WABBANTIES to tM Property then ropossassod may M hob by Sogor wiHtout
liabt~•ty o Boyar shall be deemed to have waived aay doim thereto
Buyer shill keep the .Property free from all encumbrances, and any udsss written demand her certified mail is made apon Seller within
amoum that may w paid by Seger ro release or discharge thereof shall 2, boon after rapossesston. Btryer agrees to pay reasonable attor-
be ppaaid by Bayer to Seger forthwith upon demand with imerest of the rteys' fans (IS% if permitted bar law) aad other expenses incurred by
highe;;t lawful contras rote. Bayer shall not use the Property igegally, SeeBBsr in teffosiry cogection, repossessan or resale hereunder.
improper~or for beta and shall not remote the Property from the county Sellers remedies hereunder ors in oddttion to any siren by law and
of iiuuss rs ' ncs wrlhoot tM written permission of Seller. No roprosent- may ba odoresd succassirely or coacurramly. Illaner by Seller of
altos, prasaisa er wwrraautt~~, axp~ess or implied, bas boon erode any defauh shill not be deemed _o waiter of any other ddauh.
with respect b the marcbar~obilitr, sivitabili or ~itsass for
eurpwsa wf tirp.firep~rty er etbarwrse carless the sarrro is oar 20. 6ENEGl
dorsal bareerr m nvrrtitrg or is cowtainsd in a separate tarritfon Mo-trtrasfer, rettowol, trxtoasion or assignmoat of this comrss or arty
instramoat taii~ by the eriginnl Seller. B er will settle directly imsrost hereunder, aid ao loss damage or destruction of or to the
with the origianaall Saqu dl deems concerning the Property or its ass or Property, shah reloasa Bolter rem his obigotans Mratder. This
operation. comract constitutes the smite ayyreemem betrreea the ppoorrkitres aril no
19. DEFAULT modificatia hereof shop be raid in any stem, aril Buyer oxprossly
Time is of the essence of this contras. In the event Bayer defaults waives ibtf right to rely thereon, unless mods in wrfirg signed by
Seger. Ary provision of ibis comroct prohibited by applicable bw
in arty paym~m, or fails to comply with any of the prortstons hereof, shop ~ iaeffedivo to iho extant of each prohibition withoat intrdida-
or a pr«eedrrtg in bankruptcy, recetrership or insolvency, shall be ling aoy, other provision of this contras. -This comrad shall be
ittstttuted by or agotrtst BI's"s• rr ti%: rrsvr'v rr C~f4r 'nrr••r ftir • Salllr K
Pros m da r of m~ r, .c r , . . - i , l~-,.., r , , y;
reasonably deems tfie ind• ~ -
!l _ ~ a
Oa Jj O~tlOj Oj+ O~tlOj' p~tl O) O~tl
f -
For Yalue Received, each of thrE - ~ - ~ and die-
( charge of all Buyers obligatioc - _ ' end
+he full amount remaining unpo• _ - ~ .pitted by
i ~ ' +"'R i r+~ r 'r~K i r+R r ~ ~ ~-t r~
q r nt
k a w, ~f plated with an attorney . ~d so ~y _ -rr, ~6 _ ~ 04 „_~~.10 a o e o Payer
I of the said control, or any dw• Q ' ~N,`oa t f aM oo ~ ' oa ~ p t iM o4 ~ F' + ~M b~ ~ ~ 7M oa ~ iti for the
payment thereat, a fhs releast.6 t • 't+ t • -t t • t • t • ~ t • r«ourse
against Bv~rer a any other pe?sr o~ - - - Each of
the undersigned rontOrti beret L Jt .1,6 J _ :.r.rs S ~ • • sMt o• onys••nAh~6.u. oeA?and otw ~fOr!!_1 urw notces or r.w.-payment and
dishonor,a ally demand- • • hw> is valves y - - r. -s st•• s-
tars herevtder shall be allele. ,ter. ^ ~ s h . , , , y ~ s;
r . tai i3
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Guorontor - € a ` / - -
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7M O . ~ f )~r 00 • i bf 7M O`~° ` ~ 1 ]'wi O~ ~ . ft
ASSN t • t; t • ~ ; t ~ • t •
?he Seller Homed on the face of this contrail seas, n to Fort Motor a.rton au.•t,.,,.; - . _ ~re
. ~ g ht, title and interest in and to the within control grid the rrut.,.• described therein and outhorrzes Ford Credit to do every ad area raring necessary to collect
~ and discharge obligations ^vf of or incident to said contrail and assignment. In order to induce ford Credit to accept assignment of the contract, the
Se!!er warrants that: the a t.• ^'rv pre genuine, legally valid and enforceable and arose from the sale of said Property; said Property is as
r represented to the Buyer nr - ''•ne price and a lesser cash price; the within control was c~mpkte in all respects and Seller
made all discbsures regvi• ~ s : by Buyer, the Buyer is not o minor, has capacity to contract and paid the down payment
<!ated in the control will - - - or on behoH of the Buyer and furnished to Ford Credit by the Seller ore true to the best of the
Se!!er's knowledge and b ~ ~ f any fail tf?at would impair the validity or value of ills contract; title to sold Property is vested
the Seller free of all tier the right to assign said Ltle. If there is any breach of an of the foregoing warranties, without
~ regard to the Seller's kM = _ ~ til thereto or. Ford Credit's reliance thereon. the Seller hereby agrees unconditionally to pur-
craze said control from - amount then unpaid whether sold contract :hall then be, or not be, in default. Seller further
egress that in event Buy , ~ r~ a tamst Ford Credit alleging facts which, it true, wbuW constitute a breach of any of the foregoing
~ warranties, Seller shall • _ _ $ all indemnify and sore Ford Credit harmless from all bss,cost and expenses arising therefrom.
addition, the Seller g: _ wining unpaid under said toMrol and covenants if defouh be mode ir. any payment coming
due thereunder to pay t lit, upon demand, except os otherwise provided by the terms df the fold Motor Credit Company
Retail Plan in effel at t.w.- r liability of the Seller shall not be off«ted by any extension, renewal or other change in the time
of payment of the said contract, or any ara.•~- _ , , place or terms of paryrn~nt thereof, or the reko3o, settlement or compromise of or with any party
liable for payment thereof or the release or non-perfettpn ar any securely thereunder. Ford Gedit shall not be bound to exhaust its recourse against the Buyer
or any other person or any security Ford Credit may of any time hove before being entitled to payment from the Seller hereunder. The S~Ilet waives notice of
the acceptance of this assgnient and notices of non-payment and non-performance of the control and any other notices required by law and waives oq
setoffs and covMer theme. This assignment shah b«ome elf«tive upon delivery of the within control to Ford Gec~~ uppR Fo~ CSq~rY£pg~eM of tM
purchase price f' f r7rip JAN j~ g s ~
r ' ~ '
8~~ ~ ~ fXENtf CatgMT~ OtN~T
RECbRO VERIflEO___