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Home My WebLink About1062 ~ : AbDITI6NAL PROYISTONS Or CONTRACT ; • ; :~It ta agreed ~by the parUes hercto that• satd property Is sold by thc Selter and purchased by tho Buyer upon the fNtowing terms and M oondltiens: ~ 1, Said property ehall ut all tlmeg rema[n atrtctly personal propcrty an:l the tltte to aatci property, }nelucSing Al1 addltlens, equtpmcnt or accesslona thereto, ahall remain in iha Seller until a11 ot the payments nbove menUoned are made in fuU, nnd all of the terms ot this ~ contract a~ performed. . ~ j 2. T:?e Buyer shall keep sntd property free of taxes, ltens eu~d encumbrances; shn11 keep sald property 1n ~oai repatr and condifton, ~ ordinxry wear and tear excepted, but shRl! have no right or authoi~ity. to creAte a llen thereon by rexson ot any repNi~ or improvementa thereto; shall not trnnsfer or sell satd property nor asslgn any intcrest under this contract wlthout the prtor written consent ot the Seller; ahall not use sald property improperly or illegaUy; shall give lmmediate notice to the Selter in event of anp Joss or damage to said prop- ~ erty; shall perniit the Sciter or :~otder hereo~ in Ferson or by,~gent, at nll tlmes to enter upon any premises ~yhere s~id property may be ~ and to have access themto for the purpose o`I examining the'snme, or for the purpose of mmoving it as hereiKafter provided; and, except i in the ~n~~l and proper use thernof, shall not remove said property f~bm ihe prrmtses hereEn stated without t:ze prlor written consent of • the holder hereo~f. ; 3. The Buyer agrees to matnt~tn upon said property suc:~ insurance ns the Srller or holder liereof may from tlme to time requira, pay- ' able to the Buyer and the holcj~r her€of as their tnterests may appear, und the proceeds oi any such insurance shall be ap}.lied to the repuh• ~ or replacement of Qaid prcperty or to the payment of the above Indebtedness as the hotder :Zereoi may el:ct, nnd Seller, as n crecittor of . ' 8uyer, is aathoriz~3 to purchase any and ull such insurflnce, at Buyer's expense, ~vhether or not included heretn. It the cost of sueh insur- ance is not included in the Time Balance as computed above, Buyer agrees to pay the same to Selter on demand. Buyer agreea to pny the proceeda pf ail.such insurance (inclttding ttny refund ot premiums) to the Seller to the exten~ ot the unpatd portion of tae'Time Balnnee, ~ hereby Hirec~ts ary insurer to make payment of such proceecis d[rectly to Seller, appotnls Selier as Attorney in Fact to endorse any draft ~ drawr? for that purpose, a.nd authorizes Seller to apply sudi proceeds to the pa}~r?ent of instc~timents due or to becom~ due hereunder. . . 4. In the`ev~nt the Buyer fnils to pay pny of satd Instnllments prornptly when due, or defai~its in the pertormance of any of the pro- ~ vtsions of thta contract, or ln event any bankruptcy, receivershfp or insolvency proceedinga be instituted by or against G'?e Buyer, or In event the holder hereo! at any time deems said property to ke ~n danger or loss, then, or in either such event, at the optton of the holder hereof, a.ll the aforesaid indebtedness shall immedtately become due and payAbie wlthout nottce, and the holder hereot, in person or by agent, may immediately take posqessIon of sa3d property, together wi~i all additiQns, increment or accessions thereto, and for this purpose may enter ~ ' upon any pr~mises where said property may be und remove the same; and the holder hereof may proceed to sell said property according to law, at publte or prtvate sale, with or without having said property af the pluce o! sale~ and upon such terma and in auch manner as the Seller may deterniine, and the holder iereof may bId nt any pub]!c sale as other persons; and the proceeds ot any sale of said property eZ?ali be applied first to the payment of all reasonable expenses incurred in repossessing, repairing and selling ihe same, lncluding a rea- sonable attorney's fee, and next to the satlafactlon of the aforesald indebtedness, any surplus shall be paid to the Buyer; and [n event the dcfltro c(enc °f any sale are InsulfIcient to pay aaid indebtedness in _*ull the Buyer shall remain legally bound for the payment of any such y. . 3. lvo'tr~sfer, renewal, extenslon or assignment of this contraet, nor any loss, Injury or de9tcueiion of said property, ahall release ' the Buyer imm t]~,e obligaUons hereof, • ~ 6. Ttils contract shril! fnure to..the~eueti~,ai,.and.bdnd-ttw-hQire, admtnistrators, executoi9, successors and assig~ o!, the partiea hereto, and rr~y he assigned by the Seller without the consent ot the Buyer. Any nottce to Buyer shall b8 euffictently given if maited to him or lt at the residence or place of business of the Buyer which is atated herr.ln 7. Upon default, the motor vehicle purchased hereunder may be reposses~ed anc~~ sold at publlc sale. The i proceed:s of st~ct~ sale shall be applied fIrst to the payment of such casts, expenses and attorneys' fees in eon- ' nectian with the ietaking, storing and sale of the motor vehicle as may be allowed by the court if the retaking ; is b~ legal process or, If the retaking is not by legal process, to the payment of ~ the ac~aat and necessary ex- penses of atoring the ntotor vchicle, pot to exceed one dollar ($1.00) per day, gn~l to the actttal cost of publlshing the notice of sale in a newspaper as required in subsection (4) of Section 520.11, Florlda. Statutes, and then to the sattsfaction of the balance due under thig contract. After such application any surplua ahall be paid to the buyer and the buyer shall remain liable for any balance remaining unpaid after such appl~cation. ~ ASSIGrTMENT AND GUARANTY . ~ ~ ` For valye received the wedersfgned hereby assIgns the foregofng Retaii Installment Contract to The ~Q,~~?fi~ri~ Fi]~1Bnoi Ce. ~ ~ Ft. kierce , Florlda. hereby transfers title to the person~i pmperty descri?~ed there[n to sald assignee, and ; ~ warrants that sald instrument is genuine and in all thtngs what it purports to be, that the underalgned hes good title to eaid pereonal ~ property and a good right to transier title thereto, ~'~at a11 parties hereto have capactty to contrt~et, end that the underslgned has no i knowledge of any facts which may Impair the vWid(ty of said inst.~ument or render it less valuable or valueleas, i ~ ~ The undPrsignec~ hereby Puriher absolutely and uncondttionally guarantees the pertormance of the within cpntract and tha payments of the indebtedness Gierein referred to, and hereby waivea notice o! deiault in the perlormance of sald contract or in the pay:nent c~f said ; indebtednesa, hereby agrees that default in performance of said contracE may be waive@ or the maturity o! any or all of the eforessid ~ 3ndebtedness may be e~ctended without. notice to the undersigned. ~ ~ ~ ~S~y~~Q:-_.__~ aay or Navember : , ls-6~--, I _ ~ Minton ~:auinmen~ C~ I ~ ~ 1 _r~ Seiler _u,~_~ . . ~t~ $y J~ -s~,~j - ~ -t.. . _ x ~ . ' , . ~ • - ; - - ~(,~~~3~ _ ~ , - ~ . ? ~ ~~a a~,~ ~ - . - . . . _ . . IN ~~f•AN f~0 DED . - . 1~ial Re ; ~ , F, . Cor~ ,a..: ~ , Sub~ect to a!! tl~e provisions ~ . $QD f ~rat$d nt~~~. ~ - . 1964 pE~ _ ~ pM I , . 2, . ~ 1'0~ Florida Ba.nk at ~t. Pierce` : - ~ROGER POITRAS, ' ~ ~ UCr RK ` . ~ By~ Equipment Finsnae Co. . . E COUNtr, Ft,ORJD,j. . t • N~~~pp,~ . (f .r.` ` ' , f . r`i,:~' _ ~ ' . . . ~ . . I; , . ' '1~/~~ ~ ± . - . _ ~ .f } ~l~ t•.~~. _ 1. . . . , : . . ~~1~-t - I~ . ` ~'~'Y~f,'••~, t _ , , . ~ ; ~V~ p~ ~ . ~ ~ ~ i f. . • . + • • . ~ . ~ ~ , - _ . ~ h'~ ~ r k , . ` . . : ~r~ _ ~ ~sy i~~i. ~ i . . . . w 4 ' ~ ' 1 ~ • t ~ ~ f ' 1 ~ r s I ~ / ~~si~t; r ~ ? T9v ~~w~9~ • p0 •,l 6pOW[i9 i ~.I ' i -y_;: t-~'r i w~ ; y G~~ j ~ ~ j . ~9 t~ ' j - sf ~ ~ ~i~ ~ • r~~ ~ ~ ` • ~ ' . 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