Sellers sells and unersigned Buyers purchased, subject to the terms and conditions as set forth hereof, the Merchandise described below, to be kept at above address. Seller hereby acquires a purchase money security interest in the Merchandise sold hereunder in accordance with the Uniform Commercial Code to secure the buyer's payment of the Total f Payments and other charges if applicable, pursuant to the agreement.
Where does it come from?
- Security: Seller will have a security interest in the purchased goods, and in all accessions thereto and proceeds therefrom.
- Late Charge: Buyer agrees to pay $3.00 delinquency charge on each installment in default for ten days or more.
- Prepayment: Buyer may be entitled to a rebate of unearned finance charge on prepayment in full.
- Returned Check Penalty: Buyer agrees to pay the seller $25.00 for each insufficient funds check.
- Return Policy: Instrument may be returned ( if in reasonable condition) and the remaining payments canceled.
- Pickup Policy: If instrument is turned in to the school, you must contact ASBS to arrange pickup