1994-148-RES WHEREAS, CITY COUNCIL DID IN RESOLUTION NO 94-111

Home Browse Search

lneur.nce. If any Insurance Is checked below, the IX . 5 or certificates issued by the Companies named will udscrlbe lhe lerms and conditions. 'Requlr-.l PhYII.II Dlmlge Inlurln.e. PhYII.al Damage Inaulan.e 10 required until your ".Optlon81 Mechanical Repair Insurlnce, The cost of debt I. paid In fun. You have the option of furnishing the required coverage, either through this insurance is shown in 4C of the lIemlzation above. exlatlng pollcle. ot Insurance that you ,own or control or by obtaining equivalent coverage Insurance Company N/A through any Insurance company authorized to do business In Texas. The cost of this Insur- Incels shown In 4A of the Itemization abov... Insurance Company N/A Term' N/ A months Term: 0 36 months or 36.000 miles. whichever OCCurs firsl o If checked, the premium for such Insurance included in this contract is at a rale of charge not fixed Term: 0 or approved by the State Board of Insurance of Texas. You have the option, for a period of 10 days o If checked, lhe premium for such Insurance Included herein from the date of delivery of a copy of this contract to you, of furnishing tho required insurance cov- is at a rate of charge not fixed or approved by the State Board erage either through existing policies of Insurance you oy!n or control or by obtaining equivalent of Insurance of Texas. 1.- coverage through any Insurance company authorized to do business in Texas. " 0 $ N / AI Deductible Collision and either: ' o $25 Deductible . 0 Fun Comprehensive including Fire, Theft and Combined Additional Coverage o $50 Deductible Dl N/A Deductible Comprehensive Including Fire, Theft and Combined Additional 0$ neductible eov..._ o Fir., Theft and Combined Additional Coverage ..Optlonal Coverage. with Physlcll Damage Insurance. If you have chosen this insurance, the premiums for the initial_month term are itemized below and t~ tOlal cost Is shown in 48 of (he Itemization above. Towing and Labor Costs 0 $ N/A Rental Reimbursemenl 0 $ N/A CB Radio Equipment 0 $ N / ^ ... .Optlonal Credit Insurance. Credit life Insurance and credit disability Insurance are nol required 10 oblaln credit and will not be provided unless you sign for them and agree to pay the additional cost. If you want this insurance, check the insurance desired and sign below. If you have chosen this insurance, the cost Is shown in 40 of theltemlz8tion above. Credit life Insurance is based upon the payment schedule and term shown above. This Insurance may nol pay all you owe on this contract If you make late payments. Disability insurance covers the original payment amount for the term shown above. If you make late payments, disability Insurance will not pay all of your payments. Check the Insurance desired: 0 Life (Buyer 0 Co-Buyer 0 Both D) o Disability, Accident and Health (Buyer Only) " .' . .. . . (Name of Insurer) (Home Office Address) This policy will pay amounts due on this contract up to $ . Tolal Policy coverage for this and any ot.her Retail Instalment Sale Contract Is limited to $' . , , " . :t' ..:\ ,. - ~, payments and does not cover the last scheduled payment. '. Credit DI..blllly, Accident and Health Insurance covers the first o If checked, Ihe premium for such Insumnce Included herein is at a rale of charge not fixed or approved by the State Board of Insurance of Texas. Buyer Slgna~~re Dale Co-Buyer Signature Date THE INSURANCE, IF ANY, REFERRED TO IN THIS CONTRACT DOES NOT INCLUDE COVERAGE FOR BODILY INJURY AND PROPERTY DAMAGE CAUSED TO OTHERS. ~ "'-,- BuyerSigns CITY OF PARIS eo.Buyen8 u r i does not have to pay Ihe debt. The co-buy Other owner signs here See the other side of this contract for other Important agreements, Including your agreement to gIve Ihe Creditor a security Interest In Insurance premiums and proceeds. THE BUYER'S OPTION TO SELL IS OPTIONAL WITH YOU. DO NOT SIGN THIS CONTRACT UNLESS YOU WANT THE OPTION TO SELL THE VEHICLE TO THE CREDITOR. EVEN IF YOU SIGN THIS CONTRACT, YOU DO NOT HAVE TO SELL THE VEHICLE UNLESS YOU WANT TO. IF YOU PREFER A CONTRACT UNDER WHICH YOU ARE SCHEDULED TO PAY WHAT YOU OWE IN PAYMENTS WHICH ARE ALL SUBSTANTIALLY EQUAL IN AMOUNT, YOU MAY CHOOSE A FINANCING PLAN OF THAT TYPE. NOTICE TO THE BUYER-DO NOT SIGN THIS CONTRACT BEFORE YOU READ IT OR IF IT CONTAINS ANY BLANK SPACES. YOU ARE ENTITLED TO A COPY OF THE CONTRACT YOU SIGN, UNDER THE LAW YOU HAVE THE RIGHT TO PAY OFF IN ADVANCE THE FUL AMOUNT DUE AND UNDER CERTAIN CONDITIONS SAVE A PORTION OF THE FINANCE CHARGE. KEEP T 'CON ACT TO PROTECT YOUR LEGAL RIGHTS. You signed this contract and ecel V. 15 1994 (M ,) (Day) r,) C Buyer Signs o enlire eb. An other has a s urity torest in Addre Cred"or Signs LOWRY' CHEVROLET, INC. By The Seller Intends to ..slgn this contract to GellllTa' Motors Acceptance Corporation (GM 0208 Address When you receive notICe of ~ssignment, you agree to make payments to GMAC althe above To contact General Motors Acceptance Corporation about this account call . This contract is sub in whole or In part to Texas law which is enforced by the Consumer Credit Commi~loner. 2601 N. Lamar Blvd., Auslin, Texas 78705-4207. P, one (512) 479.1285 or ( 536-1579. Conlacl the commissioner relative to any inquiries or complaints. " If Seller obtained Ihls vehicle from General Motors Corporation (GM) on instalment credit terms, Seller assigns its inlerest in this contract 10 GM under thl3 terms of the GM Instalment Sales Finance Plan-Terms of Substitulion and Assignment agreement. Otherwise, Seller assigns its Interest in this contract to General Motors Acceptance Corporation (GMAC) under the terms of the GMAC Retail Plan agreement. Assigned with recourse Assigned withoul recourse or wilh lImited recourse ~IIAr Rv Till.. NC. V.P. ro_II__