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Home My WebLink About0896 ~ . . ' ~ ~ . . ~ ~ ' ~ . ~ ' . ~ . . • ' ~ ~ . ~ • - • ~ r. . . • _ . , . ~ . . . , • , Y . , • . , , ~ Y ~ . . . • k ' , . • . : . . ~ . . - . . :'r ' `r`,` , 'i J~'' ! ~ ,1' C•.( ` , , ~ . ~ • . . . . , , , , • ~ • j . ~ . . ~ - . . . • _ - • - - • - . . - - ~ + ~ ' i°j~ji]j!A~'~jsTp~,~Zl. (~N~+~(~!~,~ tld~ tu ~,n~i,1 ~.~lf nl ~lucloL Yo tlacold ~nn ~o ~~(~'Nn'~. i '10 ii ~t:<:..,t, -e zu, , . . . •ut~ • i ituiiv.L'u•~ 7~~1 ....•i7~~!!.~ nt: )u ±Gn~:ii ~sll tti Inr~:~l~~ . .t ~ • ytl1,::~'~e,iWP~~~ed ~~eller .(qerel.,ialtsr ~etp,rcect. tp IFA "~11ar")~ hiTebY. ae11~ And.the. tMd~t4t8n,~d Xiuysr (bereit~atter Teferred ta as "Buyet"). ~ hereby purchases subject fo the ttrm4j.@~1d.eAnd(t(ppa qet torth be~telaatter sttd herelubatoie 1A Sobedula "A" attachedand incorporated here- : i Rheee.tletng no~ otber. guarantee~, ~ arrantlea ,qr X~pt'eaentstlune tnada , by ,4he.~~ellqr .other tpati those hereln~ th@ merchandl8e, turnllure, ~ " arnlstitnga and'equlpment deacribe3 ~~~.1Schedu}~."A ;(.~}er~inafter Feferrc~ to aa: ,'~YlatteL,?") ~4~ tl~e fqllowing eum of money: i- : ~ t~l),~90HEDLTLID: Al~j.~ , . • 6 5 , 9 9 a . 3 2 ~ . . (8) Unpald t~ah Prlce ~ . . - i ~..4 ~ 8 q ~1 : 6 ~ . . . . . ~ •,.i 1. . . ~~:~i: . ~ : . . - , It~?~~1$.~r.,Ssle~ ar;Uae Tflx.. .~s •i~.... _ . . . .n•, t't:,t. ~A~7),~Tl~a,PrlCeDltte~'ent~sl, i,... . • . . . : (E) Other Loce?1 Toxes : (Timo Cbar~e) . ~ _ ' 1.,~''' "0~ . _ . . : • , .,.t, i:.. .,.fi7' 86fi; Q0. ' ~ ~:~~s ~ : . • ~ . t .:t: . ~ <4) C~ah Pdce.~l;:. ,r . .~•„~un„•i ~ , ~i~,~, ~0 899 . fi ~ ~ ~ t~~~~:.(8)~Gbnt~act,Tlme Balaace ~ . 5.. . ~ " i ~ tii:ci~ T~•.;=:i t 966: ~i.S.~;!~.i~i:i ~ i~f. .~vi~f,t, ~~:t!(S~'Totti't'I'!me ~3alea Prlce~i,nu~r:•= ~ ;•i i t '@dk~C'~ati'Uo~vr~'!YA ~?nt fi.~._ t .67 866, 20• ? »u ~ : . • ;~t u , ~ . • .t . ; , , , , . , , . . : - ; , ` 9 J i~NYer, t?giees' to paY i' . 1 0 0 0: 0 0'~' t4e caati'. dow ~ g ~ayme~i't.'tri;ful~ upon eicecutlon o~ ~I,~,~~eerrien~ balari C~ ,~of , 2 5$ i dowfi payment~ 15,96fi~55~ue Dep..;16.,~:•,1964.::,~.~.,:.: ' 3 a d a s~ a£ t e r I n n o e n s ~ ~~ti ~he,~pntractl tltne bAlanc@.iaba11.1,~,puld+in_. _ 1• . conseC4E[ve~MOnttfiY,lnataltmente~beginning as~~-~-~-_-_-••-~r.e[, -n~~x~.: Rub].~tc, .or &Q ~,days._.after. .requested.. ship.pin.g~.:date ~•ot~-maj~or~ ~u~nishin~s,,..whicfi- ' ~ i ever- date_occurs f~.rsfi . ~ ( - . . _ . . ..?tl.=,-==~°: ~v~t~t ~c~e4acnt ~y~nr?ent~- befns~c3a~.aa~:4}~er~'-~i? ~ol~ ~aelt ~,entl~ ~4]eeree?r~ler. . , . . , ; -~LC:TBd~inetallinent(~ shall be 1n~~the amount of ' . : : ~ . . ~ _ VJ/~O~ ~~~~..w.. ~.~.'r~~ ~~i~~ ~ 1. . i/VIaAl~, ' ~ ~ ~ ~ ezcept the final lnetallment whtch ahall be [n the amount of the "unpsid balan'ce as~~evtdenced ~ by ~ the ~promilssory ~note oi Suyer ~attached hereto, but detachment of which is authorised. Personal gu~Fantee~ o~ ~11 Individuals and egouses are requtred. ~ ~ _ , `i All semittances and notlces are to be made to Setler at or auch other place as 3eller or !ts a$~lgna t may dealgnate. • . . ~ ~ • ~ _...:e: . , . , .~Memphii~ , ~ ~'enri t , . _t i ? . ~ ~ : < f TIUe to We Chattels shall not pass to the Buyer but~ahall remain [ri'the~ Seller until'a~l payments and ~ other' ch~argea hereunder, or any ~utlgmeht,tb~tetorwbat?a.bCen.tvUY.~Paid,a~uiiqll.other _~ondJtion$ liere0t heye ,aeeq-;ully: p~~to~med, seller may: transfer.and sell this agree- ment and ~ny note connected "therewith to any asslgnee, in whtch event asslgnee ahall have all the rigbt~ of the 13eller bezeunder and Buyer agrees to pay the unpatd balancQ owing to aeslgnee on due datea. Buyer agreea that Buyer's obligatlon hereunder shall be uneftected by any default or obl(gatlon of the Sell~~ arlstng• qy~;qt the $ale, qf the.; Chuttels or,o~herw(s~~ and agrees not .to interpose any. claim ~galnst the Seller a dg~nse, offa t r c,i~unt clalm 1q ar~ uGtton by ssaignee upo» thls contract or any note corinected therewlth. ~ ~ .;5 -4.~:....:.f3.. j All Chatteis ahall be kept at H o 1 i d a y~ I n n, ! lt-~-Q ~[l ti-~-'~ v-. . ~ i ~,~:Fort!,:p'.~•~i+~~",• F1nr a.'. ~ . :~nd.ehall remaln ' ~ 1[ l p e r e o n a l= p Y o p e r t y' t e g a r d l e s s ' o f h o w a n d ' t o w h a t ~ d e g r e e t h e y m a y be aft[xed or attached to any. building or structure or what may be the consequences of ihelr bQing removed iram such bullding; or atruc- ture. or tor what purpose the Chatt~Jg or the building br etrubture may be ueed. ~ ' e~-' • • ~ : - Wh11e title to Chsttels reraatns iu the Seller, Huyer agreea to use the Chattela curefully and properly, not to remove any ot the~u from We sbove premises without the Sell~r'e written' consent, sitow the Seller tree'~acCess, and r~ght of inagectlon of the Chattel~a at a11 times, sl~d~ not to do or permft to be done anything; ~vhereby any,part of tt~,e •Chuttele or SeUer'e tltle thereto ahall be p6yeically damaged or destroyed or legaily prejudiced. It is agreed that the Buyer ahall be reaponsIble tor a~! damage snd [njuty done to the Chattels aild for thely destructton and loss by theit, !lre,~water-or sny other' cause, and ln the event of euch damage, #njury, deatruction~or loss, the Buyer ahall give immed[ate written notice to the SeUer and shall remAtn lluble tor the unpatd balance including uny interest whtch may be due thereoDt . - - - - ~i° - - n . - , , . _ . . . • . . . . Buyer shall keep the Chattel~ inaured againet loss by tlre, thett, water nr uny other catise, in ~an amount not leas than the amount owirtg bereunder, in form, coverage~ and insuror sattafactory to 3eller with loss payable to 9eller or ita aeaigns as ita tntere9te may appeer and to assign or deltver said policies or certi([cafea We~eot'to the Sgiler 1n. default of Whlch It ahall be lawtu! for Seller to effect auCh lneur- . ance and be repaid by the Buyer on demand with intereat at the highest legai rate. Failure by the Buyer to obtatn'such insurance will be deemed a default irrespective of the Seller purchastng auch insurance. ~1,, ~ The Buyer shall s~ve and hold Ehe Seiler hurmtee9 from any snd atl I[abUity for in~ury or damage ot any kind. to sny persons or property csused . by or nrt$ing out oi the use or oyeration oi. eaid Chattels t~y the ~Buyer, or while in the Buyee's posseaston, Includ[ng all c~ta an~ pttotney!a teea.incurred by,the ~eller in conneetion Werewith. , 1 My accessories, parta or reptacements whtch become attached to, a gart of, or replace~the~Chaktela ahall becor~~ti~tl~pro~erty oi the - r 3eller and subjeet to the conditlons o! thla contract sa it originally purchased hereunder. • ~ Buyer ehall promptly pay all taxes, asseasments, Ucense feea~ and other chargea when levled or assease{~,~g ~.t,~ G'hattels, the ~ ownersh(p, or ~ uqq. thereof,, t~is :co~tract,. 4r eny accpmganying note. Upo?~ failure of Buyer to promptly paY .riuc'~ ,taicf~s I~per~•may~rqake ~ payment and obt~?ln retmbursement from Buyer~ln•[ull xmount of satd paymenk : Buyer agreea that it will keep said Chattels 1n good conditlon and repair at Its own'expense, and ,that St wii~~oE and u6a1~,i~t have Use •poweY Ro~.•create and that It•-wW ~not=sutfer to be created, any 1lens and/or encumbrancep ou ,or,:a~alns~ ~Id attej~ ~ TIme is ~ol• thc~ ~ssence of this ~confract. If a default ahall occur in making any payinent hereunder or with r@spect to any term.srof tbl~ ~ oontcact,~or It ihe Chattels or~any part•thereof be seized or levied upon under legai pracess, or !f aq;s~satg~iment for the benef~t _dicsedi= ~ tors be made~ or. any proceeding In bankruptcy, receivership. srrangement, or under any frmolvency act be Iiled, ~ or aga ~t~7er,' or ft e receiver or truatee be appotnted tor any oi Buyer's property, or ff 3elter ~t any tlme'~ieem~ the property ln'~~~g ~~[aµ~ con. ! ilsc~tIon, concealwent, or misapprapriation, or if ~eller deems Iteelf insecure. or if any warranty or statemenZ• bt'~B~ybl~cuTtta(r~~,6errtn or oWer Inlorniation iurntrhed by Buyer to Seller shall prove to hava been false, then at the option .of Seller and~~E't ~r~ottce•'or da , mand, all of the unpaid lqstallment,s ahal~ becotne immediately due and pnyable, !n .which case ~SeUer shall have the. ri~ (A) •~o recover the balance of all emounts due hereunder; or (8) to repoesess t~ie Chatteis• and Buyer hereby authorLtes and empowers 'SeUer wltbout noUce to Buyer, wlth the eid of any peraons, to enter'upon the premises where tbe Chattels may be founa and take poaseasioq and ca f away the Chattela Rjthout process of law, and (i) retain the Chattels and uil payments mstde hereunder. or (i[) retalp.dli"~,ayiaeafa and aeU and dispose of tbe Chattels at publte or prlvate. sale (el! wttLout notlce to Buyes and with the rlght to the ~etler~ p}~h~ ~y . ot the Chattcla at such sale), pay aU char~es and expenacs lncurred !n connectlon with or incldentrJ to the repossesdo ,pQt¢~a~•re,~?~}r and ; sale, Inctuding attorney'a fees, pay the bala.nce due hergunder wit6 tnterest at the hfghest legal rate, and pay thlt as1V~k~s, !f any;•.~o•the , Buyer, whq ~hall remaln Itable for a»y de[tetency with Interest at the higheat legal rate, or UIU retain the Qiatte2s~~ paymQpv made.hereunder..credlt the:Buyer wiW reasonable value ot the ~(~attels, and secover• trom the Buyer any det~clp d'y Fos~~~g h:~ ~ ~uch charges. expensea and interest at We highest le~al sate; the smounte to be retained by the SeUes and th~ b$~' ce to ~~I+~~,b}y We : , 4 $uyer under tbls paraeraph shaU not be ea a penalty but ss Iiquldated dam.ngea tor the breach bereol, as reasqn~~~t~pt`~i''tbe yx of' , the Chattel~ and tor~ ihe deprec[atton and repair thereot; or (C) to puraue.any other remedy permttted by taw or ~qyt~ ; = The dcltvery of any promiaaory note by the Buyer to the Seller, or the' negotIatlon er discounting ot aame'tiy,r tb" gel~~b~ila ' be_ ~ deemed a peyment oi the purchase price until satd amount ia patcl, in full, inetudln~ any intereat, a char~e ot r~e~ stto ieat Lncurred la collect[n~ said smouat and any other eupenae [ncurred ia collect[n~ aatd purehaae price. It any monthiy'1~ ~p~d ~ ~srtthln ia dnys atter due dat~ Buyer Agrees to pay 1a~e:charget ot tive cenb (5c) per dollar in sdditlon to sald mont6)y eat, but i not exceeding the iesscr ot one 6undred cbllbrs (:IOO.QO) or the maximum permitted by law. Any actbn to eatorce paymeiR•ot~sn~ tnttall• ment of safd promisso~y nqtg ~r tht~l contract shall not waive or ettect any, of the ~elleC~r other tlghta hereander; $ad ihe accegtance ot ' an~ cbec&~ note or fali~tera] ar-sny e~ctension oi ttme or other aecurity given ehall not conatitute a walv~r(~1 y othg~ !on qt thta•cqritract.~.put~llibe ttested as sddltional securitv onlv. ~ ' - • - . _ - - - - - - - - R~1._1~ ~~`~.~~.i . .