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Wi L'71 /11C/tt:, <br />, <br />'I~fu; In, Pr~llmrnt 1 'ititu~nt r1_rrc•n~~;~, i~ r3~~t a~-irtn:~hle 1v, I'urcli:i>e•r,rnr, t:iny tlir I'urwha-i r"I!. ~-ui,•i,inii,iily <br />< 'lif", rrkr,itr or di,p(,.~,• of 11w ti uiiir-, ,Ir ;;i: ~ii (41riu, <br />itlp,,it jiriur atiritt, l! pn of itt%i. (n „o r%, iil rncic the <br />~,chit:~s Lc x~~~~~~ is~,V ~~i~t: i„~- tl~~~ ~~t~il~,,l ~i;,~~ ;1i;, ;iaict:~}~t~•~I <br />-~_nmrnt ur fer 1,~ti;r, I'i;,(lia-rr (,ti :u;I ,t <br />~ <br />:it!r, ~~r ~~1~~it•.~;i~~~,: , . thi; i;t f ,o,nitr~i 1,.'tt~tuirrt <br />. vW. <br />'rrrchascr's Corrranis <br />, <br />T}ar, 1'ilrclia•,,^- c'»rliar,b; aud ;i~,rcc:, ili:±.: f,i I iI t•, ii nnt <br />ti>., utrp" cit~ .11 ur;t;ir:<ulTrr tu t%ilf:, I ii i\ ir ]i~',t <br />l:i aa!end;liil;,~.:; i"s „rilten I(% .ni~ uu>r <br />11nCuiuhr.ilwf% iut it~ifii"rl•<t, lirn . i::ii;r of ;liv <br />ind ~>>>on the rna( :iinc~, nr .inN~ uf then,; ?i~~ i! 3eill I,erp tho <br />~.tiInnrS i❑ ~rnw! rt-pair .iiad opx~r:i6nIt run,lijiI,n; Iri i( tii10 <br />,iY J,rOiriptly nl) ta\rs, intr;,,<t and '45T c{i:u;ps MT Ir1ird <br />;,,~,r,scd upim E6 tn:idiina•: ur 11ucir ~~jwr:iti(,ik i,r int• in <br />.)nnp~,tion NN~i[h thi,: fnntallnicnY I'aIIrrlrri! A,-rr~~rnrnl; t;nd (d) <br />,~ri]l prv>>nplly saiis{y all licns ..nait~st tlle i cninr;. <br />Aururtce <br />"I~he 1'archaser foirthrr agnms to prmure and Wnvain frc <br />-umrce ~iQli extt•m3") €avera_°e on the ipxnphinv~ frr tilc fii1] <br />;urahlc aa]ue thermf for thw !iEe of th;_; InaollnicPit Y;yinent <br />~reenuent, thc ju>li,-~- (or ~-uch inr,u;.ancc Lt in;~ cnplt)r=-ril tu <br />oW 1o„s }s;iyabir„ !u It:•,t anil :z:,;i_r:, :o rrqoi:ihc iutcr<-•Is <br />:i1<<ppcar. l.it,on raqurst .i rr rt.iic;ttc uC suc}i iii~ur;lncc w ill be <br />.vitiliNl tu In7 or assi; rn. Auy lumccwds rri;ci~~,~il oiirr"iti' 1lY <br />^,1 un&r such imuranre Aall ire vretlilcd N, th~~ jupwo re_ <br />iir(Al IrI)nn Ihc 1'uat}iancr pursuant ta) the nc :yt 5iicrrrdinr' <br />umgr,q1i. <br />ei;truction of Machincs <br />1n thc evcnt t6:i1 anv of tfw tnarhinr~, Ai:ill hc LA, Moi•n, <br />;eparably damal,,ed or dcst;oycd ur utiit rvvi;e rrndcrcIi px•niia- <br />•n:iv unfit fur usc feo~m any cau!-c rsuch o, ,urrrii++•s <br />'iur; hereinaSter (.dled Cti,;ualt) Occurretw~~~.i prio~r tt; t[:e <br />sqtnvnt in Iull of thf• 'fr,tal Time Salc i'r&r ;ind yml C;ris:tlty <br />A~rurvores t3u n(A t'unsiiluLc mn "vnt of A~Ult, tliv Mrrli;iwr <br />iall }oo*nptly pa} t) it3v a=uin ryual 1o lht, (:a=nw?:Y <br />:,i.ie of such machincs. Any muriey so pAd Ow(1 l,r aq,9b4, <br />-talltnen[ d::tc next I~JIoiNin- re(~cipl f)tiIi;-o uf ~ur}l <br />. the in~ <br />ag°rnent, to rcducc nir,nthl} installmcnts thcrr-afti•r fallin,-~ due <br />~ th:it mich imtallimas rrirrc"ot only tlpc pa}tnrnts (lui! I<,r <br />a~ rrrn;iii,in,; mncliinc<. <br />'IPi,, C:tcu.i',Iv %:iiur (,f carh nl:aIliinr ~u!~,~~i~.•, :i C:i,naltv <br />'rcurrr•nrc •hall hr Ilir ~,a7;t3 „f ;lir l~:il,~nr~~~: vI ti"- :iu.l <br />:al tazr., r~np,,~d 1'rtncip,il C.t>-Ij Bal_lnri;"n;i I'iwr I'ric,r <br />tujp:iid;:t ilwtir,ic o1~ 1 9, I1;Irrup'r .Hl,9 <br />_tn?,ui, 1~Ic lo ~.;rh ni;:t liinc, sw!i'9ouz- i'iDi, 1);1~Prcnikl l,cinr, <br />~ju-P,,i) t+, r;;l~-ct iiic _•};orirr p;+, ir:cnt prrind <br />1f',!11(hS <br />, <br />Tn the evrnt ttiat anY onr, or taiore o$ Ow! {«Ho"inr evrnts <br />f r?,lault wh:ill mvttr anpi hc rvoltinuinr,: i ai 11p, 10ciiascr shall <br />aJ tu },ay in full .iny =unt p.i)':ihic k thp! 6'ail(ha~,or ~vlien p:iy- <br />~ <br />;cnt t}tct~~~>( sl~~ill I>r c;ui~ h~~rciin~l~~r; ~~r (lr) ~d,~~ 1 uFrlaa>,cr shall, <br />ur rnurc t{ian 30 (l:i',s a(tcr ntm sh:ill hme Irrnandcd in writinr; <br />.crfurmance or ul~5c•rNar,cc tlicrec,f, fail or reiusc to comp1y <br />,'!Ei any oflirr t;o%cnant, aIzn•crnp•nt, trrm or pruvisic~n of iFiis <br />(n>.I;ilfrnr,ti i';i},u,t)t ..~rrveturrit ~Itt ils p;trt tu 1lt: krpt o[ pttr- <br />h,rmol: or irl ;inv inf~aiti:itium fmnku•d h)' thw l'umh;r.;n to <br />11k~0 ioi i!• :1J,pli,.+t iori fnr Credit er in its 1in.ixdci;il inforrn.ttiom <br />C,!r th" j:urjw<< "f in;?urir~ r IlsNt (u cntrr into lhi, I ri;t.illmt-nt PaV- <br />111'•<<! -1~;rrenl!~iit is:i-, ila.r•I In~:ite and n,v r,uu1-1 not haveF•n!cred <br />~ <br />:;t~, il~i~: ln,',',!Nrrnt I:i}rm nt :1yrvmnir•iit mi the lnni: of thc (rir- <br />, <br />n,rt sti,rmni:, 2: (o id) ::ny ;;Nk;itb.u (Jlc i airchmse: lothee <br />c.ii•; (.I,i:< ~li(,n wrr ured t fur ilii• j,a}~up nCof 1)urrower3 <br />t,r i:; il- I.s.rrd t4~ 1>,iiiw :und p;iyable E)ri(?r to <br />zl,c {"!ni..tuiii" incrt~~~E; nr t4-; any of-lig:ttion oi thc <br />ts nri"n'in'! Ehe clcb rrc(', j:ureha<,, p;icc o[ property <br />:on,~- i: ~1: f-;:in'd !o br dut• ;~npl J,:<<~:il,!~ lo ior !o~ the cs- <br />Enr_.,.,,1 1?.11" (ui- 'rli~-didr} thrrrid' nr Ifl a sul~-tanti.il <br />E,nrli,,,i f tli:• n;:t, 9ri ie,; ~;u iTt, ; :i (:a,u::lty ( )tcurrencc; or (rx) <br />. <br />rr np;1kr=. ;111 fur ;}p! lwiiz•Gt oE cr(:ditors, <br />Idt'', :k p,ll!1u11 lil ii Iti :idjl;dlr'Ard ?11>oktllt OC Il:l[1R- <br />n;r>,. j,,nr tf) ;uly trihnln;.l rur x,ti- rccci%~er ur any <br />, <br />tru-l,v ot' I uHoaAc (w anv suh<tmnlioi part nf itv prrq>crty, com- <br />IuH pI I I Xnv 111I>rrcdif1;,, t'' Ilw I'ur-li,i>Cr untlrr an}r <br />Il1if_':1[lil:tZl"IL a1Cr-~;lilillrtlllcilt of <br />ur E,;u'pl,ition law or ~,t:itutc oE unv jurisc}ictinn, whctlirr now <br />or lwic:i1t,•r in clTcct, or if Chrrc i, eununicn;nl against t}ic 1'uc- <br />rha-c°r anti' :-ucli piucerding whic}i rennair:s tindismissed for a <br />j,eriod of C0t dnys, or Ow, 1'tirch.iscr hv any act iritlicrites iii <br />ti„nnent to, a,q,r(wal of ur aniuiewencc in any sur:h proceeding <br />ur the appointmcnt of anq rmeiver uf or any trustec for it or <br />any substanlial part o( its propcrty, or 4uG~,rs an}• suc}i rccci%~er- <br />s}iiF) or tru~,tccsl3ip to conEinuc undischargcd (or a prriod r7{ trCl <br />e3tid M at iiiiv timc alrr t6e (weur rencc of srich an evmt nf <br />dcf:ii.it ti;~,s inlav decl.uc all unpuiti i~i;t.il?n~c~El~ intmei3iately due <br />and Imy.ililc. <br />lientedi"s <br />1 ian i"'ent of default ~,}aall }iave occiirred and be continuinr, <br />then at .intiYirne after all unpaid innt;iflrneuts sh:ill hzicc been <br />(1r1ln,rd iinrnrdi.ttr!y dopc .ind p,i~a't,lc and durip"'; tlic cuntint7- <br />auce u1 ru,li Itt%i uy lu:i~, to tiw cxteul pcrtnittad <br />};y i:iw. I 11 nvmcr Ihw L.tl;iO u( nii urwnuzas due Kreunder, <br />(2) tcit}i uttisi,lwut noti(;e or Irr;:,l Cun>(c,,s enler any premises <br />~4licz~~ the ni;t(l~ire; Tu,iy be aaid l:ike ~~o~~,'~~siun of tl;etn, o.' <br />render tlprni urlu'l:ahle, and retain all pcior j,riymc°nts as partiul <br />cornJ,ru-:ili"n for tht'ir use unil rlcprcri,xtiou, rcyuire the <br />to a.,~cnil,lc the n;achinc!;, or nnyuf lhcrn, and rnai:e <br />tlicni ;n:kil,zltic t,o il;Af ht any pI.irr <l~~~i ;uatcd in nolice scnt to <br />the 1'uvlmrr, ( 1) seli Ihe timchinrs, a(trr ,it bast 15 days <br />notice heiorc tfw, time oi any intcndrd pubIic sale or of the <br />tirnc aft~~r ti+liich any Euivatc salc or ut}ier di.;positiun uf the <br />tna±hine~ i!-. to lw tnaclr, with or icitlu,ul the mar.hinc, at thr <br />~,alc, .pL %~hi( ►i ~;ilr iwo ur assi.,nc nuay j,urch,e'r, and the pro- <br />~~od," tip,ii-{, I-~ n u,oiiak,le i•xpcii,t"; o( rrtal.ing, ncp.iirinr:;, <br />bc crc(liird ,irain>;t tlio aluount unpaicl <br />:ui,l 11ic 1°iirrli.~~~•t~ kcil[ p.l)tlp, balat~~~r foiiEiktiitli a; Ii~iilid:itetl <br />iJ.uua~.c:_ 1,r 1i1c Iio"s, Il ui 916s ln'tallnleiit {'.iNnp-nt r1,~rccnwnt, <br />, ny smTlun }mnuc"" tn tr, paid c) !!ie L'un?"er, M incur <br />.iitorne~s' fco5 and Ir_n.al expew:r: in exerci.inpr any <br />o[ it, ri; 1it. an:l rcmc&irs npon <Icf.iuit m}:irli the 1'urchascr <br />.tnrcTs b- }u}" l.up tu 1 i§1 uf the un},siil Iulcmcr, if jwrmittetl <br />by l.nv, and if such pcrcantagc is ti(t su Pc,rr7xi[ted, suclh other <br />percentase or amount as is permissible ) and N,•hich shall become <br />l;art of InNtl reasonal,le exp>enses uf ret«kinr, rr•pairiig, }iolding, <br />rcsclling am3 the like, and ((i) pua-suc any othcr remedy per- <br />mittc+1 11 l:aw or in cquity. <br />1'irnc i:, a;f the c~sCncz and waivcr oE any dcfault sliall not <br />hc auoi"cr of a, uther dcfaul[; all of 1Bm's rirhts hercunder <br />arc ( unni~;ilir;c anil nut a)trnialivc. <br />2 <br />