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Does applicant have any lawsuits, foreclosures, arrangements with
creditors, or bankruptcy proceeding pending? Yes: No:
If yes, please
explain.
Has
applicant given a UCC Financing Statement or Security Agreement to
any creditor? Yes: No:
If yes, please
explain.
The foregoing information is submitted for the purpose of
obtaining credit for the purchase of merchandise on an open account
and applicant warrants that the information is true and
correct.
APPLICANTS AGREEMENT:
The applicant,
if credit is extended, does hereby agree to the following:
- To furnish CREDITOR, as requested, with information regarding
the applicants financial condition, including but not limited to
current financial statements:
- Upon request, execute a Creditor’s Financing Statement and/or
other security agreements including promissory notes as
provided under the applicable Uniform Commercial
Code.
I/We agree to make payments to Stockton Products
promptly when due and do understand that the charges each month are
due and payable according to the terms as stated on the invoice,
becoming delinquent if not so paid, and shall then bear interest at
1.5% per month (18% per annum).
In the event it becomes
necessary in the opinion of Stockton Products to file suit or engage
the services of a collection agency or attorney to effect
collection, I/We agree to bear all such expenses incurred, including
but not limited to attorney’s fees, court costs, and interest.
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