(Download) "Mcclellan Mortgage Co. v. Storey" by Arizona Court of Appeals # eBook PDF Kindle ePub Free

eBook details

Title: Mcclellan Mortgage Co. v. Storey
Author : Arizona Court of Appeals
Release Date : January 16, 1985
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 58 KB

Description

Dealer [Storeys] unconditionally guarantees the payment of each contract purchased by Lender [McClellan] in accordance with its terms and conditions. Should any contract purchased by Lender become ninety (90) days past due, Lender shall notify Dealer in writing. Fifteen days after such notification, unless sooner paid in cash, or by sale to Lender of another contract(s) of equal or greater amount which is (are) current in payment(s) satisfactory to Lender, then Lender shall charge back the balance of the past due contract to the Dealer reserve account and reassign the past due contract back to Dealer.