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HomeMy WebLinkAbout0013 ~~_~-:1_~~E;~ WNITE -~ollsr's Copy PINK - Duplicate Originaf • Recordinq CANARY - Buyer's Copy 6REER! - F+le Copy " - 1'=--0-°~.-^: ne?.-v-44 ~0-2-~;5>- NP~•AI~A. Nnrth llako~a, South Dakota; Uteh, rti"r einc iii r'~Pe~uiin uc:n~a;e - . . f r '.-'--"--:-r-: - Vermonl, Virgina (1•1-b6) and R'isconsin (7-1•65). ~ C;ONDITI~"JNAL ~t~LE COI~~'R~CT Contracf and 22~~~0~ ~"'~i D~c. ~0 7p nat~ at1 I~Q9 00 Deposit Account No. ~iaturity_ • 19-_Rockfor~l, ~i4 -_-~~1-, 19~Amount $ • THIS CONTRACP datecL co~•ers the sale b.v SERViSOFT - Division of tVater Treatment Corpor- ation, the Seller, located at 2316'Irventy-third Avenue, Rockford, Illinois to the unde~ignecl Purehaser or Purchasers, jointly and sev- eraZly, of tt~e personal property describec3 below: ~3 nU59.01 Mi18dy 120's 82966. 83240, 83117, 86927, 8?551, 8G931: 86935, 90893 W S`T A ~F t= L U~-t I u A c~ ~ DOCUMENT~p`_'.-_ ST~MP TAX ~ `'c'-~~~5. = . ~ = DEC 30'ES :h2:r'~i~~•; ~ O - . ~ COMPTRCLI~R~ i ~ ~ ~ ~ - ~-t~ ~ ~ - {~~.19D'.30 - 'tlie purchaser or pu~ch~zts ptnmise to pay the TIbiE BAI.AIQCE o[ E 1~~Q ~ oo icL J3 tnstaltrmnts ot a 23 ~~O each, end a final in;tallment of E 1~~ Jy , lhe first installment to be paid on the dsy o~ T~nuary 19 6~ nncl ona i~tallnx-nt at~ the ~'`O~ ~sy oE each sucre~edin~ month tAereatter until the entire sum is paid, all asid peymtnta being payable by the undscsignc~i punchager to the holder heceof at the offcce of M.1'.C. FINALvCE CO&fPAIvY, P. O. I3ox 4W6. Ftacktoc+d, Illinois or at twc~ other plaoes u tbe holder mny (rom time ta time appoinL l. Pucrha.~et agree?: that title tn the oroperty and any sdditioru, acres5ionv and subo?itulion~, is v~tdd in Se11er and a6a1! not pas~ to Pumt~xr, irre~pect€ve ot any cetalcing and re-de[ivery to Purchaser or the acceptante ot ne~otialion o[ notes or Srantina of any ~enevrals ot e:tenwia~, u~ti1 e,ai3 de.e:r~ ba].ar;rr s'~sli ~s~•e been tulty pa id in nwney; lhat th^ property sha11 at al! times be nt Purrhaser's risk; that the lass. injury or desiniction of the propetty shali not release Putchaser'a obligation hemunder, to pay promptly when due ell taxes and asvectiments upon the property and/or [or its use or operation• to keep the properiy [reu from Iien~; that 8I) GjiI1R':71£CI~, a.~cc~-~ri~ ~nd psrfs at~~ch!d er edded fo the property shall at once by accessian bdcortie Ferl thereot; not to, and not lo altecnpt to aell or encumber ~ e tha property or ust it tor hire or in violation oE any statute or ordiqance Iin which latter case the holder hereot shal( be dxened ihe "ow-oer" ot the property for tha purpase ot obtainina po~s~sion thereot and holder shall have the solr right so to do); ihat the holder hrreot may correct patent errots; lhat time u ot the essence o[ this contract; that eny noticrs o[ the pumhaser shall ba suffirienUy givm by mail to the I'urchaser's addtess hereinatler stated. Furch~n wii! not change plac~e ot ' keeping property w-ithout wrilten cvnsent u[ holdtr, 2. 'Ihe 4--~. ~.a .+..,:,>etv i...,..,,d rvaiMt lns~ bv firo and theft (or the full insurable va]ue thecro[.ia such compan:ns as the holder bereol may direct, and make the loes, it eny,pa yab(e to, and depasit the policiea with the hotder henvi as turtner secunry ~or ~ne uwei,ic.i,.w :,r.z..,;.,,o ' - chaser further agree~ that said holder heroof may have fhe right lo place i~uracxr cn the said properly to protcct itsett, which said iasurance u to~be at the eapeaie of lho purchager; anci the purchaser agrees fopa y!or all insurance so orciend and placed Gy the hotder hereot. The pumhasar hereby gtaat~ to lhe holder hereot the sok and ezcluaire right to cancel such policies o[ insurance or sny ot them on lbe said property [or which lhe premivms have becn advanced by lhe holder hereof; and the purcha.ser does heteby ircevocably convtitute the holder hereot, ifs officers, agents, ass~gne+e3 and attomeys as his attomeys in tact with (ull aulhori~~ty to eHect such can- cellation and to do everything nccessary to carry out such purposes and to receive and reoeipt tor any unearned prenuuras due under such policiea_ 'I~e purch~r bereby e:pressty waives notice o[ scxfi cance2lation. 3. ~ IE any deposit i9 not paid in ful] when due, or it a volimtary or in«luntar~r petition in bankruptcy be filcd on behait or e~ninst the purd~aser, or ahould ne~ir-eiship prooeedings be instituted against him or any judgmcat rmdered ngairLSt h~m, or it purchnser [aiLs tope dorm any of h:s obli6ntions or to rompty with any condition ot this oontract, or it the holdar hereol shall deero itself inse~vre, the full amount unpaid hereunder shall withovt notica become due and payabie forthwith. together with a cpcuo.-iable sum, as attomey's [ees, i[ this contract is plered with an attomey. Purchaser agmes in any such case to deli~~ec the property to the holder aQd the holder may, without sny previas notice or demand forpe rformance, and without legal process, enter any pmm~ses w6ere the property may be (ound and ta~e posscssion tt.eteot and o[ anything tound therein, atter which the hotder may at its option make s~ch dispoeition o[ the property aa ~t shal! deem fit and al! deposib made pumhaser shall be retained by holder; or the property may be sold with or without notice, at public or private sale at wh~ch the holder may purchase, and the p , lesa the e:pcnge o[ taking, nfiwving, holding , repa~ring and setiing the property and less attomey's (ees as above providrd end ihe expenae oE liqu~dating any lieu9 or claims, shall be credited on the amount unpaSd hereunder, or without such sale the [air marlcft value ol the property at the time oE crpossession may be credited upon the smounf unpaid• in either evenis purctiasec agee~ to pay the ba]ancr. torthwith. Sarpfus, it any, shall be paid to purc~aser. As [urther security (or the payment ot any and all indebteciness, Ii~bilities azxl obligalioc~v ot purd~aser to said seller, said purcha~ser hereby ess'tgns , sets rn~et rnd lraa~teis W said seller all oE his customer . sccounts nvw ia ezistcnce or obtained in the luturr, and a!) contracts or agreements betw~een purchaser and customea; and in the event seller (or the holder hereotl shall reposaess the said property iuvolved herein pursuant to the terms ot this agreement all o[ said customer accounts, and all said contracta or a.greements betw~een the purcbsiser and said custonrera, shall thereupon immediately be the property o[ the seller. 4. Purchager agrees that he has mt dealt with, and wi11 not at any time in the future deal with, the seller ~s theag mt ot MERCAN'I`II.E TRUST COMPANY, ot St. Louis, Mo. tor any purpose what~o~wer. Pum6asec acknowledges noticY ot the intended pledge o[ this contra o MERCANTILE TRUST COTIPANY, oE 3t. I.ouis, Mo. andag rees that ntter such pledge Purchaser wiU settle all claima aaain,t seller directly reith seUer not to eet up any daim again~t the seller as de[ense, co~mtet daim, aet-oH, cross-tromplaint or otherwise to aay action for pumhase price or poase~' ERCAIVTILE TRUST COMPANY, ot St. Lauis, bSo. . 6. Purchaser agreFa to smd notice byreg istered mail lo the holder within lw•mty-fovr ion if Purchaser clayn4 sny erticles not i~cluded hete- in were contained in the properfy at the time ot re,possession, and a rees that tailure to - ah v~r oi and bar to any subee~qua~t clnim lheretor. Pumhaser hereby waives the ri6ht to renwve any 1ega1 action, brought by the~older heceof f rl ussi}y e~quiring jurisdietiop, qccepteote of nny payments efter matunly, or waiver or condonation of any other breach or default shal! not 9 i [ any other or subsequent breach ~or de(ault u~d ao wa~ver of or chaa~r in the terms o[ thig contraM ahall be bind?na on the seller or hiERCAI~TII.~. ANY, o[ St. Louis, Mo. unlc~w evidenced by s writin~ aigned by one oi Iheu , officers. No warrensins ezPrass or impliedt and no rrpresentations, pro~~~s have baen made by,seller unlesa endorsed het2on in Rrtins. In event ot judg- ment and ezecvtion, purch~set 6ereby waives the base6t under omestead statukas t~ow or hrrxatter in toroe and ecknowiedses receipt o[ a tcue ecpy ot this coniract. " 6. And to turther aecure the peytn~t o[ any indebtedr.ess er the abo~•e eontract, the undersi~ned, being the purehbsec or putehbsera herein, joiatly aSd sever- ally constitule nnd appoint any aitomey ot any court o[ rccord to appear for lhem or either o[ them at any time hereaftrr, to wuive the iseue end s~iy~c~e a( proe~s, nnd ~ to con[ess a judgment in [avor ot the holder hereot and against the w~der~igned ~'oindy or either of them sr~erally, tor the anwuntow~ng on the withiq contract including - a reasonable attomey's tee; end the w~de~sisned do hereby waive and release atl ercots which may intetverte in s~,ch pc~oceeding, end mngent to i(~lmediale e~cocution upr~n said judgmmt, hectby ratitying and con6rming a(1 lhat said sttomey may do by virtue hereot. ~ . ~ Witn Z~ '7~iOLlllt~l ; ) - Witne~ C ~ _ (3ianaturee o[ two witnes~es) ( ` (~t1e) Dexla~ld R. HE~itnell ; . ~ a~p~ ~Fr ? r, 1,^~65 is ` / j~ - ~ ` , 3ERViSUFT DM$ION - Water tment (brporation s ~ - - ~ { sy: ~ BU~x 1~~ -4 ('IStie) R onrl T. Arider~on, Sea. -?rea,~. ; ~ ~