Williston - Secs. 236, 607, 731, 734-738, 772, 773, 869, 961, 965,1137,1374,1773,1902.

Agreement made............between............, hereinafter described as the "Seller," and......hereinafter described as the "Purchaser,"............

Whereas, the Purchaser is desirous of purchasing from the

Seller certain................, title thereto to remain in the

Seller until full payment has been made by the Purchaser,

NoW, in consideration of the mutual covenants herein Contained, it is agreed

1. The Seller agrees to deliver to the Purchaser,

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2. The Purchaser agrees to purchase and pay for said articles the prices above named.

3. Payment will be made by the Purchaser of the said total sum of $..........as follows: $.........in cash, receipt of which is hereby acknowledged;..........$..........by the payment of trade acceptances (delivered on the execution of this agreement) each dated........................and due

......days,..........days..........respectively from their date, each for $.........., and (except as to the first trade acceptance) bearing 6% interest.

4. The title to the property hereby conditionally sold shall remain in the Seller until all the agreements of the Purchaser have been duly performed, and until all the trade acceptances hereunder delivered to the Seller have been duly paid. It is understood that time of payment is of the essence of this contract. The title to the said personal property shall pass to the Purchaser only in the event that all the terms and obligations of this contract and the trade acceptances herein described have been without previous default duly performed.

5. The said trade acceptances may be sold or discounted by the Seller without waiver of any rights under this contract.

6. The Purchaser will pay all charges and liens which may accrue on the said property, and he will not sell, pledge or mortgage the said property, or any part thereof, or suffer it or any part thereof to be attached or become subject to any lien, or remove it or any part thereof from his address as above stated, without the written consent of the Seller,

7. In the event of default in. the payment of any trade acceptance, or in the event that the Seller shall engage an attor* ney to enforce collection, or to preserve and protect its rights under this agreement, the Purchaser agrees to reimburse the Seller for legal expenses, which the seller may incur, not exceeding 10% of the total balance of the purchase price remaining unpaid at the time of default. The Purchaser further agrees to reimburse the Seller for expenses incidental to such suit, includ* ing the cost of a bond if same becomes necessary, and the Purchaser agrees that the Seller may have judgment for such amount in addition to the amount due on the purchase price or under any other clause of this agreement.

8. The Purchaser agrees to use the property delivered hereunder with reasonable care and to indemnify the Seller against any damage or physical injury done to the same, ordinary wear and tear excepted, and the Seller, its agents and servants, shall have access at all times during business hours, to said property for such purpose as in the Seller's judgment may be necessary.

9. The Purchaser will insure the property delivered hereunder for its value, for the benefit of both the Seller and the Purchaser as interest may appear.

10. In the event of total loss or destruction of said property, the Seller shall have the sole right to collect the insurance or other form of indemnity that may be payable to the Purchaser, by reason of such destruction, as its interest may appear, and the Seller shall have the same right as its interest may appear in the event of a partial loss or destruction by fire or otherwise. These provisions with respect to insurance are not in substitution for the obligation of the Purchaser on the trade acceptances herein described, except to the extent that the purchase price is thus paid. The Purchaser shall remain liable to the Seller for any unsatisfied balance of the purchase price.

11. Upon breach of any of the above covenants, or upon the, fifing of a petition in bankruptcy by or against the Purchaser or upon the making of a general assignment by the Purchaser, or whenever in the opinion of the Seller the property is threatened with loss, damage or destruction of any kind, except reasonable wear and tear, or with the imposition of a lien, or adverse claim of any kind, or in case of the failure on the part of the Purchaser to make any of the said payments when due as aforesaid, the Seller may re-take possession of the said property free from all claims whatsoever, and to that end without notice to the Purchaser, the Seller is hereby authorized to enter the premises of the Purchaser, or other premises wherever said property may be found, and without legal process, take and remove said property. The Purchaser hereby waives any action for trespass or damages therefor, and the Seller in that event may retain as consideration for the use of said apparatus and appliances any sums which may have been theretofore paid by the Purchaser. [The Purchaser hereby waives all the provisions of Sections 65, 66 and 67 of the Personal Property Law as amended to date.]

12. In the event of failure on the part of the purchaser to make any payments upon the said trade acceptances, the entire balance of the purchase price remaining unpaid, shall immediately become due and payable, the fact that the date of the maturity of subsequent payments shall not have arrived notwithstanding.

13. This instrument embodies the whole agreement of the parties. There are no promises, terms, conditions or obligations referring to the subject-matter, other than contained herein. No waiver of any breach or of any term of this agreement shall be construed a waiver of any subsequent breach of that term or other term of the same or different nature. There may be no modification of this agreement, except in writing, executed with the same formalities as this instrument.

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