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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)

Citation
Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)
Parent Document
Moore v. Ford Motor Credit Co., 778 S.W.2d 657 (1989)
Jurisdiction
Kentucky (state)
Effective Date
1989-10-20

Other Sections in This Document (35)

Full Text

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19) Default: If the Lessee fails to make any payment under this Lease when it is due, or if the Lessee fails to keep any other agreement in this Lease, the Lessor may terminate this Lease and take back the Vehicle. The Lessor may go on the Lessee’s property to retake the Vehicle. Even if the Lessor retakes the Vehicle, the Lessee must still pay at once the monthly payments for the rest of the lease term and any other amounts that the Lessee owes under this Lease. The Lessor will subtract from the amount owed sums received from the sale of the Vehicle in excess of what the Lessor would have had invested in the Vehicle at the end of the lease term. The Lessee must also pay all expenses paid by the Lessor to enforce the Lessor’s rights under this Lease, including reasonable attorney’s fees as permitted by law, and any damages caused to the Lessor because of the Lessee’s default. The Lessor may sell the Vehicle at public or private sale with or without notice to the Lessee.