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HomeMy WebLinkAbout2238 1• White - Orpinal for Bank ~ ~ ~ ~ 2 - Vink • B~nk F~N CoPY . , ~ '- 3• Gnary - O.sl.r Copy •N~M~rM• !N= ALN ~[ACM ~~.. ~ HOME IMPROVEMENT INSTAL~ MENT CONTRACt 3 NOTE' 4• c~«^ • c~no~.w. copv , . 5 - 91w • Custom~- Copy at.e „~;~,,,a,. , i~:.:a. e.ewee~: ; ., , . ~ ; , ; .,,: ~ , ' ';' ~~' ~ `' ~ 5 ' ~ ~• (cslled Buyer w Owne~ Mr~in) ( PLEASE PRINT) (Nam~ of Buy~~ or othK Co•8uye-) NonN Add-Qii ; ~ ; ' •' -, - i ~~ .`• . =' City ;'.,,~ ~ r p7 ~~f~ SUte :~r ~ 1~ t~p --': - ~ .-~ - , . rr ~ ~ • r,; ~ - ~ ~ ~ . • (qlled Conttattw he~ein) Na . , • ; ~, ~ " - (Cootrsdo~'s License No. ) Co~tnctors Business Address . ~ , 1 ~ ~ ~~ r - -~ • . ~, , S . City . _ ' . . • -- • ~ .~ ~tate ' ^?' ~ - ~p ~ s - ' ~ Salesman's Name ? n' •-~ ~= ~ a ~ ~ ~ ,-1; '^ ~ License No. . ~ ~, ,1 •~ , ~ ~ The cont~sctor sgroes to sell and the Buyer (botA jointy and seve~ aly) ag~ees to buy, pu-suant to the TERMS STATED ON THE FACE AND BAp( OF' THIS CONTRACT. the folbwing goods and servicPS, or servi ces (prope-ty ~mprovements) tor the moder~~zat~on, re habil~tation, ~epair, alteration, or ~mprovement ot premise (called t he "property improved" here~n) desc~~bed and ident~tied as: Numbe~ and Street " `• ~? =~;,~ ~ ~r=~ ~ = C~ty ~.~ ~ ki;~ County _ _._;,~ • ~ Stste •~ - r ~ ;;~_ The record owner(s) ot said rc~l estate is (are) : • • - 4~: ~ . • ~ ~ ~ : ~ ` ~ ~ ~ -~ ~ - • ~ ~ ~ ' ~ Work on the Property Improvement will begm on or about ~' ~' '-~~~ and w~ii be compirlcd on or aDout ?~.'''~ i~ ( approximstey). DESCRIPTION OF PROPERTY IMrROVEMENTS -(List Delow work periorm ed and or goods and matenai furnished or ~nstalled - reler to and attach worlc order and/or specificstion, if any) . . . .'T" • "1 ~r - ' .,', . - • . ~ `~~.' . ,- . , . ' , PROMISSORY NOTE COMPUTATION OF [OTAL OF PAYMENTS FOR YALUE RECEIVED, the undersigned Buyer prom~ses to pay AND DEFERRED PAYMENT PRICE Holder (meaning Contnctor or any assignee ot this contract) the ` ` " (1 ) CASH PRICE a i" -_ con- TOTAL OF PAYMENTS of s- ' • ! in ~ secutive monthy installments of s ~ ~ each, beginning (2) DOWNPAYMENT 1 month irom the date oi completion oi the property improve~ Cash Downpayment a %. ment unless s d" erent tirst payment day ~s specitied here ' Trade-In (Net) E _.~ ~„'-~,~.'j ~' '' ~„ ' / ~., and p~arable on even dattv(.. ~ t~ `_, TOTAL DOWNPAYMENT E , _. each succeeding month thereatter, together with a final/ba~loon (3; UNPAID BALANCE OF CASN PRICE s'. c:ayment in the amount of s %-- due ''- • ~ (4) OTHER CHARGES ~. Payments to be made at place designated by Holder. Buyer may choose through whom in- 7he FINANCE CHARGE begins to accrue trom the date ot the surance ~s to be obtained. completion of the propKty improvement unless a drHerent date Credit ~ife (nsurante E ~. ~s inserted here _ If any Credit Disability ~nstallment psyment provided herein is not made within 10 days Insu-~nCe ~ i. after its due date, Buyer agrees to pay tate charge of 59(p of DOCUmentBry StampS a• such installment or;5.00 whichever ~s less, in addd~on to the Other ~ : . . . _ ~, : ; _ ` -. regular instailment. Buyer also agrees to pay any court costs Other a •~.- and attomey's tees of 10 ~( ot the amount due and payable TOTAL OTHER CNARGES E .~. under this contract or such larger amount as may be ~easonable ~ 5) AMOUNT ADVANCED FOR DEBT and just if this contract is re(erred to an attorney. If any ~nstall~ CONSOLIDATION E rnent on this Note is not paid when due, the ent~re amount un pab hereon shall become due and payaDle torthwith at the ~6) UNPAIii BALANCE;'AMOUNT rlectio~ oi the Holder of this Note. FINANCED ~ ~ The maken and endorsers oi this Note hereby severaly wa~ve presentmant, demand, pratest and not~ce of d~shonor. Interest ( Home ~ Improvement ) a ' "~ ~ . Should balance De prepaid in iult prior to matunty date, a«~und Interest ( Debt of the unearned portion ot the FINANCE CHARGE wi1l be cai Consolidation ) b ' ~ulated by the "Rule of 7$'S " method after tirst deducting an Other ~ ~ acquisition charge of ~25.00. . Other ~ ' ~-s securit~r for the payment anA pertormance ot Buyer's obliga- ( 7) FINANCE ~HARGE ~ ~ ~ tions under this contract Buyer shafl execute and deliver to contrattor a Real Estste Mortgage on the Prope-ty Improved. (8) TOTAL OF PAYMENTS Sum cf (6) &(7) a - ~ TIME IS OF THE ESSENCE IN TNIS CONTRACT. Pay- ment of this Note is sub~ect to the terms of this HOME (9) DEFERRED PAYMEN T PRICE ~ ~ I M PROVEMENT CONTRACT of even date between maker ~ Sum of ( I).( 4),( ~)&( 7) $ and payee or mongago~ and mortgagee. (10) ANNUAL PERCENTAGE RATE _• a/o , , CREDIT LIFE INSURANCE IS NOT REQUIRED FOR CREDIT. COVERAGE IS AVAILABLE FOR THE TERM OF THIS AGREEMENT AT THE FOLLOWING COST: Credit Life S % ' 1 d~eirw rrwrli~ lifa ino~ranrP ~ 1 . - Date Buyer SELLER REPRESENTS THAT HIS NOTES AND/OR MQRTGAGES ARE ROUTINELY .SOLD TO FIN~INCIAL ~NSTITUTIONS. ~ The Contractor states that the above work is covered by: ;tJorkman's Compensation Yes No__ P~~btic :iability Insurance Yes No Gr that the Contractor is qual~fied as a self-insurer: Yes No _ _ ' .__._~ . L.S. Contractor ~y -- -- ----- ---- - -- --- ( T~tle ) Co Buyer ' Date Buyer acknowledges rece~pt of an executed copy of this HOME IMPROVEMENT CONTRACT and two completed cop~es of fhe nQtice of 6uyer's Right oi Resc~ssion under the Consumer Credit Protection Act. NOTICE TO OWNER (A) DO NOT SIGN THIS HOME IMPROVEMENT CON- TRACT IN BLANK. (B) YOU ARE ENTITLED TO A COPY OF THE CONTRACT AT THE TIME YOU SIGN. KEEP IT TO PROTECT YOUR LEGAL RIGHTS. (C) ANY NOLDER ~ OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT ` CObLD ~SSERT GAINST T EE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EI~CEED AMOUNTS PAID BY THE DEBTOR HEREUNDER. ~-;' X ". ` . . L.S. . ; tSignature of Buyer) . X_~ ~~ ~' i,i 1.5. (Si~Jf~ltG.re~'Q~ Co•8~-Y~~ ~1~;~ ~ 5~ ~M~~7