Preview
ELECTRONICALLY FILED
Sevier County Circuit Court
Kathy Smith, Circuit Clerk
2024-Jul-08 11:01:13
67CV-24-69
CO9WD01 : 11 Pages
IN THE CIRCUIT COURT OF sevink COUNTY, ARKANSAS
PLAINTIFF
CREDIT ACCEPTANCE CORPORATION
VS.
No.
DEFENDANT
JUSTIN RICHARDSON
219 RICHARD RD
HORATIO, AR 71842-8991
COMPLAINT
n, by and through counsel, The
Now comes Plaintiff, Credit Acceptance Corporatio
t the Defendant says unto this
McHughes Law Firm, PLLC, and for its Complaint agains
Honorable Court as follows:
a Michigan Corporation
1 That Plaintiff is an indirect auto finance company, and
iff is not required to be license d by the
authorized to do business in the State of Arkansas. Plaint
: ant to A.C.A. 17-24-202 (10). Venue is proper in
Arkansas Board of Collection Agencies pursu
pursuant to Ark Code Ann. §16-60-101 and
Sevier Cou nty where the contract was signed herein
subject matter of this action and the parties
15 U.S.C. § 1692i. The court has jurisdiction over the
hereto.
llment Contract (the
2 Plaintiff is the assignee of the attached Retail Insta
RY CHEVROLET, INC., located at 1027
“Contract’”) dated December 28, 2022, from GENT
Contract is attached and labeled Exhibit A.
Hwy 70 E, DE QUEEN, AR 71832. A copy of the
MOAI NM "1
sleytnz Ck—
Q_
J /
3 Defendant entered into said Contract to purchase a 2013 Chevrolet Equinox.
4 Defendant is in default of said Contract and owes the Plaintiff the principal sum
7
of $8,814.54.
5 The Plaintiff is entitled to prejudgment interest on the principal balance from
August 31, 10% nti the date of the Judgment pursuant to Ark. Code Ann. § 16-65-114 in the
amount of 2% above the Federal Reserve Primary Credit Rate as determined on the date of
Judgment.
6. Plaintiff has demanded payment from Defendant, but Defendant has refused to
pay.
WHEREFORE, premises considered, Plaintiff prays that Defendant be
summoned to appear and answer, that upon final hearing, Plaintiff have Judgment against the
Defendant for;
a) principal balance of $8,814.54;
a) pre-judgment interest for the dates requested above and post-judgment interest,
both awarded pursuant to Ark. Code Ann. § 16-65-114 in the amount of 2% above
the Federal Reserve Primary Credit Rate as determined on the date of Judgment;
b) attorney’s fees in the amount to be determined by the court;
c) all cost of court; and
qd) all such other just and proper relief to which Plaintiff may be entitled.
VERSION 10-17-2018
Respectfully submitted,
The McHughes Law Firm, P.L.L.C.
Attorneys at Law
P.O. Box 7599
Little Rock, Arkansas 72217
(501) 376-9131
_
)
(Ay
Becky A. McHughes (03024)
becky@mchugheslaw.com
Christopher D. Anderson (91255)
chris@mchugheslaw.com
Josh Logan (19043)
jlogan@mchugheslaw.com
File #:81418
VERSION 10-17-2018
Copy of Electronic Original
Not required to mail or fax this copy to Credit Acceptance
RETAIL INSTALLMENT CONTRACT _—
Lot ¢_VHF
Buyer Name and Address Buyer Name and Address Creditor-Seller Name and Address
JUSTIN RICHARDSON _— N/A GENTRY CHEVROLET, INC.
219 RICHARD RD 1027 HWY 70 E e
HORATIO, AR 71842 DE QUEEN, AR 71832
“You” and “Your” mean each Buyer above, jointly and severally. Us” and “We” mean Creditor-Seller and Creditor-Seller's assignee. You may buy the Vehicle
described below for cash or credit. The cash price is shown on Page 2 as the "Cash Price”. The credit price is shown below as “Total Sale Price”. You have
agreed to buy the Vehicle from Us on credit for the Total Sale Price. You acknowledge delivery and acceptance of the Vehicle in good condition and repair.
You promise to pay Us all amounts due under this Retail Installment Contract (“Contract”), including the Total Sale Price, in accordance with the payment
schedule shown in the Truth in Lending Disclosures below. You also agree to the terms and conditions below (including the Truth in Lending Disclosures) and
on the additional pages of this Contract. TpeAnnual Percentage Rate may be negotiable with Us.
Year and Make Model Color Vehicle Identification Number ‘Odometer Reading
Used 2013 Chevrolet Equinox SILVER 81,883
TRUTH IN LENDING DISCLOSURES
FINANCE Amount Total of Total Sale Price
PERCENTAGE CHARGE Financed Payments The total cost of Your
The dollar amount The amount of credit The amount You will purchase on credit,
The cost of Your the credit will cost rovided to You or on have paid after You including Your
credit as a yearly ‘ou. ‘our behalf. have made all payments down payment of
as scheduled.
rate. $2,000.00 is
16.99%]$ 6,792.60
$ 13,839.00 $ 20,631.60 $ 22,631.60
Payment Schedule: Your payment schedule will be:
No. of Payments ‘Amount of Payments When Payments Are Due
$
$
60 $ 343.86 Monthly, beginning January 28, 2023
Security: You are giving a security interest in the goods or Vehicle being purchased.
Late Charge: if a payment is not made in full within 10 days after it is due, You will pay a late charge of $5.00 or 5.0% of the part of the payment that is
i RONIG- RAGIN AL
late, whichever is less,
serie No i &
ep,
ety ly VOU m af be erfltled fo a testing roar
t By
4 ial Infor jation\ Please f€ad thi ont ict for any additignal| info}
ah
cheduled fate, ani prepay! iment refunds ar pen. ties,
LIABILITY INSURANCE COVERAGE FOR BODILY INJURY AND PROPERTY DAMAGES CAUSED TO OTHERS IS
NOT INCLUDED.
PROPERTY INSURANCE: You must insure the Vehicle securing this Contract. YOU MAY PURCHASE OR PROVIDE THE
INSURANCE THROUGH ANYONE YOU CHOOSE WHO IS REASONABLY ACCEPTABLE TO US, as more fully described on page 3]
If you do not have this insurance, we may, at our option, buy property insurance in accordance with the terms of this Contract.
If you purchase Physical Damage Insurance from or through Us as part of this Contract, you authorize Us to add the cost of that insurance to
the amount financed under this Contract.
Buyer's Signature: x, ** DO NOT SIGN ** Buyer's Signature: x *** DO NOT SIGN ***
NOTICE: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH|
THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR
|\WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY
THE DEBTOR HEREUNDER.
USED CAR BUYERS GUIDE. THE INFORMATION YOU SEE ON THE WINDOW FORM FOR THIS VEHICLE IS PART OF THIS CONTRACT.
INFORMATION ON THE WINDOW FORM OVERRIDES ANY CONTRARY PROVISIONS IN THE CONTRACT OF SALE.
Guia para compradores de vehiculos usados, La informacién que ve en el formulario de la ventanilla para este vehiculo forma parte del presente
contrato. La informacién del formulario de la ventanilla deja sin efecto toda disposicién en contrario contenida en el contrato de venta.
Sian [Changes to this Contract t Any change in the terms of this Contract must be in writing and signed by Us. No oral changes are binding.
Buyers Signature: x Buyer's Signature: x
ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022)
© 2014-2022 Credit Acceptance Corporation.
All Rights Reserved. PAGE 1 of 4
‘The original retail installment contract is assigned to Credit Acceptance Corporation.
This copy was created on 12/28/2022
Copy of Electronic Original
Not required to mail or fax this copy to Credit Acceptance —
ITEMIZATION OF AMOUNT FINANCED
1. Cash Price (including accessories and improvements to the Vehicle) g_13,.000.00 (4)
2. Sales Tax $ N/A (2)
3. Down-Payment Calculation: Cash Down Payment 2000.00 (a)
Deferred Down Payment N/A (B)
Trade-In Descriptiot Gross Trade-In $____N/A(c)
Make: N/A
Model:N/A__ Payoff Made by Seller S. N/A_(p)
Net Trade-In (negative number, Insert"0n ine (€) and temizedference in SF) below) (C-D).. N/A (€)
Trade-In n Descriptio Gross Trade-In.. $
Make:
Model: a age Made by Seller $. N/A _(G)
Net Trade-In (If negative number, Insert “0” in line 3(H) and itemize difference in 5(L) below) (F-G)... $ N/A (H)
Other: Manufacturers Rebate N/A
Total Down Payment (A+B+E+H+H) §. 2,000.00 gy
Unpaid Balance of Cash Price (1+ 2 less 3). 1 0 9 (4)
Other Charges Including Amounts Paid to Others on Your Behalf:
*(NOTICE: A portion of these charges may be paid to or retained by Us.)
A *Cost of Required Physical Damage Insurance Paid to Insurance Company... $ N/A (A)
B. *Cost of Optional Extended Warranty or Service Contract Paid to the Company named below $ 1, 865 .00 (B)
C. Cost of Fees Paid to Public Officials for Perfecting, Releasing or Satisfying a Security Interest . 0 (Cc)
D. Cost of Fees Paid to Public Officials for Certificate of Title, License and Registration... N/A (D)
&, SERVICE AND HANDLING FEE. A SERVICE AND HANDLING FEE IS NOT AN Seticiat
FEE. A SERVICE AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE
CHARGED TO THE CUSTOMER FOR PERFORMING SERVICES AND HANDLING
DOCUMENTS RELATING TO THE CLOSING OF A SALE OR LEASE. THE SERVICE
AND HANDLING FEE MAY RESULT IN PROFIT TO THE DEALER. THE SERVICE
AND HANDLING FEE DOES NOT INCLUDE PAYMENT FOR THE PREPARATION OF
LEGAL DOCUMENTS. THIS NOTICE IS REQUIRED BY LAW. 129.00 ()
Other Charges (Seller must identify who will receive payment and describe purpose)
to N/A for lien or lease payoff N/A
*to Phoenix American Administrators, Tne for Optional GAP Protection 844.00 (G)
*to N/A for_N/A N/A (Hy)
“to N/A for_N/A N/A (I)
*to N/A for N/A N/A (J)
FOF
*to N/A for_N/A N/A (kK)
RO
I= = I for
Garyfe
SFR FRY
fms Petene BOK)
13,83
7. Amount Financed ‘Unpaid Balance (4 + 5 less 6) 2 (7)
OPTIONAL EXTENDED WARRANTY OR SERVICE CONTRACT: Although You are not required to purchase an optional extended warranty or
service contract as a condition of purchasing this Vehicle on credit, by initialing below You are indicating that You voluntarily elect to buy an optional extended
warranty or service contract covering the repair of certain major mechanical breakdowns of the Vehicle and related expenses. Refer to the optional extended
warranty or service contract for details about coverage and duration.
sap Price $1,865.00 Term: 24,000 Miles/24 Mos Company: Wynn's Extended Care, Inc
Cc Pate Rekordon a 12/28/2022
Buyer's Signature Date Buyer's Signature Date
GAP PROTECTION: Optional Guaranteed Auto Protection (GAP) is not required to obtain credit. GAP protection will not be provided under
this Contract unless You sign for it below and agree to pay the additional cost shown below and on Line 5G of the ITEMIZATIOI MOUNT FI IANCED. You
may obtain optional GAP protection from a person of Your choice that is authorized to sell such coverage and is acceptable to Us. The GAP contract issued by the
provider of the protection will describe the terms and conditions of coverage in further detail. If You want GAP protection, sign below.
Cost: $ 844.00 Term: 60 Mos Provider: Phoenix American Administrators, Inc
a Bastin Richardane mee 12/28/2022
[Boers Signature Date Buyer's Signature Date
ADDITIONAL TERMS AND CONDITIONS: THE ADDITIONAL TERMS AND CONDITIONS SET FORTH ON THI
ADDITIONAL PAGES OF THIS CONTRACT ARE A PART OF THIS CONTRACT AND ARE INCORPORATED HEREIN BY REFERENCE.
NOTICE TO THE BUYER: Do not sign this Contract before You read it or if it contains any blank spaces. You are entitled to
an exact copy of the Contract You sign.
You agree to the terms of this Contract and acknowledge that You have received a copy of this Contract with all blanks filled in and
sa; “hat You have read it andFrans
understand eater]
we, Buyer's Signature: x. Leland Buyer's Signature: x
Seller; GENTRY CHEVROLET, INC Title: / AGENT
This Contract is signed by the Seller and Buyer(s) hereto this 28th day of December 2022
ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022)
© 2014-2022 Credit Acceptance Corporatighe origina retail instalment contract fs assigned to Credit Acceptance Corporation
All Rights Reserved. This copy was created on 12/28/2022
Copy of Electronic Original
Not required to mail or fax this copy to Credit Acceptance
ADDITIONAL TERMS AND CONDITIONS
Securi Interest. You give Us a security interest in: 1). The Vehicle and all parts or goods installed in it; 2). All money or goods received (proceeds)
for the Vehicle; 3). All insurance, maintenance, service or other contracts We finance for You; and 4). All proceeds from insurance, maintenance,
service or other contracts We finance for You (this includes any refunds of premiums). This secures payment of all You owe on this Contract and in any
transfer, renewal, extension or assignment ofthis Contract. It also secures Your other agreements in this Contract. You agree to have the certificate
of title show our security interest (lien) in the Vehicle.
Late Charge. You promise to make all payments when due. If You fail to make a payment when it is due, You agree to pay Us a late charge as.
stated on Page 1 of this Contract. You agree that We do not waive any of our rights by accepting one or more late payments from You.
Bad Check Charge. You agree to pay Us a bad check charge of $30 (or such other amount permitted by applicable law) for any check or like
instrument given by You to Us that is returned by Your bank because of insufficient funds or because Your bank account was closed, to the extent
permitted by applicable law.
Ownership and Risk of Loss. You promise to pay Us all You owe under this Contract even if the Vehicle is damaged, destroyed or missing.
Your oO ther Promises to Us. You promise that:
You will not remove the Vehicle from the United States or Canada without our written permisison.
You will not sell, rent, lease or otherwise transfer any interest in the Vehicle or this Contract without our written permission.
You will not expose the Vehicle to misuse or confiscation.
You will not permit any other lien or security interest to be placed on the Vehicle.
You will preserve and protect the Vehicle and keep it in good condition and repair.
You will not use the Vehicle unlawfully or abandon it. If a governmental agency impounds the Vehicle, You will notify Us immediately
and regain possession of the Vehicle. We may regain possession of the Vehicle and treat it as a default.
You will pay all taxes, assessments, rentals, charges, and other fees imposed on the Vehicle when they are due. If We pay any repair
bills, storage bills, taxes, fines, fees, or other charges on the Vehicle, You agree to repay the amount to Us.
You will permit Us to inspect the Vehicle at any reasonable time.
You will promptly sign, or cause others to sign, and give Us any documents We reasonably request to perfect our security interest.
You have not made and will not make an untrue, misleading or incomplete statement in a credit application, this Contract or any information
provided in connection with this Contra:
Youwill promptly provide U:Is with any additional personal orfinancialinformation
concerning You or any information about the Vehicle that Wemay
reasonably request from time to time.
« You will immediately notify Us if You change Your name or address.
Prepayment. You have the right to prepay Your account balance early without a penalty. If You prepay in full, You may be entitled to a refund
credit of part of the pre-computed finance charge. This credit will be calculated in accordance with the actuarial method. We will apply the credit
to the amount You owe Us or if You paid Us more than the amount owed to Us under this Contract, We will refund it to You. We will not credit or
refund amounts less than $1.00, if permitted by applicable law.
If You prepay only a portion of the balance remaining under this Contract, We will apply the prepayment to Your account balance. Your payment
due date will advance by one month each time a standard monthly payment is satisfied in full by a prepayment. You must still make all payments.
on time until Your obligation under this Contract is paid in full. Ir You make a partial prepayment Your last payment or payments may be less than
easedEra Gabbe nbuelace Gad fa
HAVE THE RIGHT TO APPROVE THE TYPE AND AMOUNT OF INSURAI fe
ofa Frakes }
If the Vehicle is lost or damaged, You agree that We can use any insurance settlement either to repair the Vehicle or apply to Your account balance.
If applied to Your account balance, the insurance settlement proceeds that do not pay Your obligation in full under this Contract will be applied as
a partial payment.
Optional Maintenance or Service Contracts. This Contract may contain charges for optional maintenance, service or warranty contracts. If
the Vehicle is repossessed, You agree that We may claim benefits under these contracts and terminate them to obtain refunds of unearned charges.
Insurance, Maintenance, Service or Other Contract Charges Returned to Us. If any charge for required insurance is returned to Us,
it may be credited to Your account in accordance with the Prepayment section of this Contract. Any refund on optional maintenance, service, war-
ranty or other contracts obtained by Us will be credited to Your account in accordance with the Prepayment section of this Contract.
Default and Acceleration of the Contract. You will be in default if:
- You fail to pay any amount due under this Contract when it is due.
- You break any of Your other promises You made in this Contract.
. A proceeding in bankruptcy, receivership or insolvency is started by You or against You or Your property.
If You are in default of this Contract, We may declare the entire unpaid balance of this Contract due and payable immediately at any time without
notice to You, unless We are required by law to provide You with such notice, and subject to any right You may have to reinstate the Contract. In
figuring what You owe, We will give You a refund of part of the Finance Charge figured the same as if You had prepaid Your obligation under this
Contract in full.
Repossession of the Vehicle. If You default, We may take (repossess) the Vehicle from You. To repossess the Vehicle, We can enter
Your property, or the propel where the Vehicle is stored, So lon: as it is done e% acefully and the law allows it. Any accessories, equipment or
replacements will remain with the Vehicle. You hereby aci knowledge and agree fh fat any personal propel ty contained within the Vehicle may be
removed and held without liability to Us or our agent. It is Your responsibility to promptly and immediate el contact Us to make arrangements for the
return of Your personal property. You are responsible for paying all reasonable charges associated wit if the repossession.
Ri le sell, lease, license or otherwise dispose of any or al f of the Vehicle in its present condition or
Gettin the Vehicle Back After Repossession. If We rey ossess the Vehicle, You have the right to pay to get it back (redeem) at any time
before following any commercially reasonable
preparation or processing,
ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) > Buyer's Initials
© 2014-2022 Credit Acceptance Corporation.
All Rights Reserved. PAGE 3 of 4
The original retail installment contract is assigned to Credit Acceptance Corporation. Buyer's Initials
This copy was created on 12/28/2022
Copy of Electronic Original
Not required to mail or fax this copy to Credit Acceptance
ADDITIONAL TERMS AND CONDITIONS
Sale of the Repossessed Vehicle. Any notice that is r equired to be given to You of an intended sale or transfer of the Vehicle will be mailed
to Your last known address, as reflected in dur records, i in a reasonable period before the date of the intended sale or transfer (or such other
of time as is required by law). If the Vehicle is sold, We will use the net proceeds of the sale to pay all or part of Your debt. period
The net roceeds of the sale will be figured this way: Any charges for taking, holdin
fees an de court costs, if permitted by law, will be subtracted from the selling price. 19, Preparing for sale, and selling the Vehicle, and any attorney
If You owe Us less than the net proceeds of sale,
We may be required to pay a lender who has givenWeYouwill a pay You the difference, unless We are re«
loan and has also taken a security interestquired to pay it to
in the Vehicle.
someone else. For example,
If You owe more than the net proceeds of sale, You will pay Us the difference between the net proceeds of sale and what You owe when We
forit If You do not pay this ai mount when asked, You may also be charged interest at the highest lawful rate until You do pay all You owe to ask
Us.
Servicing and Collection Contacts. You agree that we may try to contact you in writin
ly address or telephone number you provide us, even if the telephone numi fiber is a cell phone number or the contact results
messages, text messa ges, and automatic telephone dialing systems, as the law allows. You al 0 agree that we may ti to contact you in these
by e-mail, or using prerecorded/artificial voice
and other ways at an)
ina charge to you.
Collection Costs. If We hire an attorney to collect what You owe and the attorn
attorney's fees and any court costs as permitted by applicable law. ey is not our salaried employee, You will pay our reasonable
extend the time for making some payment 'slaywithout
or refrain from enforcing any of our ig hts under this Contract without lo: sing them. For exam le, We can
Delay in Enforcing Rights. We can del
extending others. If any part of this Contract is not valid, all other parts will remain enforceable.
WARRANTIES SELLER DISCLAIMS. YOU UNDE! -RSTAND THAT THE SELLER IS NOT OFFERING ANY WARRANTIES AND THAT.
THERE ARE NO IMPLIED WARRANTIES OF MERCHANTABILIT" Y, OF FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER
WARRANTIES, EXPRESS OR IMPLIED BY THE SELLER, COVERING THE VEHICLE UNLESS THE SELLER EXTENDS A WRITTEN
WARRANTY OR SERVICE CONTRACT WITHI N 90 DAYS FROM THE DATE OF THIS CONTRACT.
THIS PROVISION DOES NOT AFFECT
ANY WARRANTIES COVERING THE VEHICLE THAT MAY BE PROVIDED BY THE VEHICLE
MANUFACTURER.
Interest After Maturit ity. You further agree to pay interest at the highest rate permitted b applicable law on amounts that remain unpaid after
maturity of this Contra ict. For the purposes of this provision, maturity means the earlier o} f the date Your final payment is due or the date We
accelerate the Contract c
Judgment Rate. Interest on any judgment awarded on this Contract will b e at the Annual Percentage Rate stated on Page 1 of this Contract, or
at the highest rate permitted by applicable law.
State of Contractin, ig. This Contract shall be deemed to have been made and entered into by the parties at the Seller's address shown on
page 1.
Governin q g out of or related to this Contract, are governed by the law of the state
COPY
Law. The rights and duties of the parties, and any claims arisin
OF ELEC INTC ORIGINAL
FOR VALUE RECEIVED, Seller hereby assigns and trans\ fers all Seller's right, title and interest in and to this Contract, and in and to the Vehicle
described herein, to CREDIT ACCEPTANCE CORPORATI ION ("Assignee"), its successors and assigns, pursuant to and in accordance with the
terms and conditions set forth in the existing dealer agreement between Sell ler and Assignee in effect on the date hereof.
Seller gives Assignee
full power, either in Assignee's name or in Seller's name, to take all actions which Seller could have taken under this Contract.
In order to induce
Assignee to accept assignment of this Contract, Seller represents and warre ants to Assignee as set forth in the existing dealer agreement.
NOTICE OF ASSIGNMENT: The Seller has assi: igned this Contract to Credit Acceptance Corporation in accordance with
the terms and conditions set forth above. Th is assis ignment is without recourse. You must make all future payments
to: CREDIT ACCEPTANCE CORPORATION, 25505 WEST TWELVE MILE ROAD, SOUTHFIELD, MICHIGAN 48034-8339,
1-(800)-634-1506.
a [er Bae Bewses
Seller, GENTRY CHEVROLET, INC. | Title: AGENT
ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) > Buyer's Initials
© 2014-2022 Credit Acceptance Corporation.
All Rights Reserved. PAGE 4 of 4 Buyer's Initials
The original retail installment contract is assigned to Credit Acceptance Corporation
This copy was created on 12/28/2022
Copy of Electronic Original
Not required to mail or fax this copy to Credit Acceptance
i
We change lives!
CREDIT ACCEPTANCE CORPORATION DISCLOSURE FORM
JUSTIN RICHARDSON (Buyer)/ (Co-Signer) (both hereinafter
referred to as “I”), are considering entering into a “Retail Installment Sales Contract” (hereinafter referred to as “Contract”) with
GENTRY CHEVROLET INC. (hereinafter referred to as “Car Dealership”). I have been given an
‘opportunity to read both sides of the Contract, which has been completely filled in, and to ask all questions I may have concerning the terms
and conditions of the Contract. I understand that this Contract contains the entire agreement between I and Car Dealership and that the Car
Dealership will be assigning this Contract to Credit Acceptance Corporation ("Credit Acceptance"). I understand that any changes to this
Contract must be in writing and signed by I and Credit Acceptance. Oral changes are not binding.
[understand that the price of vehicle is the price which is set forth in the Contract and that I personally negotiated this price with the
Car Dealership. This “cash price” is the price that the Car Dealership would have charged had I purchased the vehicle with cash. I further
represent that the Car Dealership did not quote me a lower cash price for the vehicle and that the Car Dealership did not increase the price of
the vehicle because I was purchasing the vehicle on credit or because the Contract would be assigned to Credit Acceptance.
T understand that the Annual Percentage Rate (“APR”) is the rate set forth in the Contract and means the cost of my credit as a yearly
rate. I understand that the APR may be negotiable with the Car Dealership and represent I had the opportunity to negotiate the APR with the
Car Dealership.
T understand that Credit Acceptance will hold a lien on the vehicle | am purchasing. I understand that Credit Acceptance will be
servicing my account and that the assignment of the Contract to Credit Acceptance will not relieve me of any obligation under the Contract.
Unless I entered into a contract with a third party vendor to remit my payments under Contract to Credit Acceptance on my behalf, I understand
that Credit Acceptance will be sending me a payment book or statement that will be used by me to make my payments under the Contract to
Credit Acceptance.
I understand that Credit Acceptance and the Car Dealership have an agreement that provides that Credit Acceptance will pay the Car
Dealership a portion of the amount I actually owe under the Contract and that this amount is sometimes referred to as a “discount”. I
understand that the Car Dealership that sold me the vehicle may retain an interest in the payments I make to Credit Acceptance and after the
[ EF Ctok
amounts initially paid to the Car Dealershi by Credit Act -ceptance are recovered by Credit Acceptance, the Car Dealership may begin to receive
C IP und@rstand
pay
lership® ree rds CZ COR LCI
under the Contract as I purchased the subject vehicle on terms acceptable to me with full and complete knowledge that Credit Acceptance wil
AL
advance to the Car Dealership only a portion of the amount I have actually agreed to pay and that Credit Acceptance will retain the “discount”.
If the purchase price of the vehicle includes ancillary products, such as a service contract; extended warranty; GAP product; oredit
life, accident and health insurance; collision insurance coverage, and/or other related goods and services, I understand that I am not required to
purchase these goods and services in order to buy the car on credit and that these goods and services were sold to me at the fair market retail
value and have not in any way been overstated or inflated and that these goods and services were sold to me at the same price as they would
have been sold by the Car Dealership in a cash transaction. I understand that the Car Dealership, Credit Acceptance or a subsidiary of Credit
‘Acceptance may receive a portion of the proceeds of the sale of these ancillary products as a commission, administrative fee reimbursement,
earned premium or fee
I further acknowledge that if I enrolled in an electronic payment program where my payments are to be automatically withdrawn
from my bank account, that this program is optional and is not required in order to finance the purchase of the vehicle.
ACKNOWLEDGE
recor THAT I HAVE READ AND UNDERSTAND THIS DOCUMENT.
Pucstin Richardaoie
ec na Hanae nest
BUYER: CO-SIGNER:
SIGNATURE SIGNATURE
DATED: 12/28/2022 DATED:
CAR DEALERSHIP CERTIFICATION: Car Dealership hereby represents to Credit Acceptance that it has explained the information in this
document to the Buyer and Co-Signer and that it has no knowledge, information or belief that would cause the Car Dealership to believe that
any of the representations of Buyer set forth herein are inaccurate or incomplete in any respect.
CAR D)DEALERSHIP! GENTRY CHEVROLET, INC.
py: Lo De Beene nnnael
ITS: AGENT
DATED: 12/28/2022
© 2008 Credit Acceptance Corporation (®é1S1Q bi MLR ightalResarehtract is assigned to Credit Acceptance Corporation,
This copy was created on 12/28/2022
Cc redit, RO Credit Acceptance Corporation
A ccep tance
We change fives!
25505 West Twelve Mile Road
Southfield, Ml 48034
(800) 716-7376
=
TO: JUSTIN RICHARDSON a - “2 DATE: 09/12/2023
219 Richard Rd
HORATIO, AR 71842-8991 ACCOUNT: Gap
VEHICLE: 2013 Chevrolet Equinox
VIN #: GEE
SUBJECT: Security Agreement Dated December 28, 2022
NOTICE OF OUR PLAN TO SELL PROPERTY
We have your vehicle described above because you broke promises in our agreement. We will sell the
vehicle at private sale sometime after September 28, 2023. A sale could include a lease or
license.
The money that we get from the sale (after payin: 1g our costs) will reduce the amount you owe. If we get
less
money than you owe, you will still owe us the difference. If we get more money than you owe, you will get the
extra money, unless we must pay it to someone else.
You can get the property back at any time before we sell it by paying us the full amount you owe (not just
the
past due payments), including our expenses. To learn the exact amount you must pay, call us at (800)
716-7376.
If you want us to explain to you in writing how we have figured the amount that you owe us, you may call
us
at (800) 716-7376 or write us at Credit Acceptance Corporation, 25505 West Twelve
Mile Road, Attention
Redemption Department, Southfield, Michigan 48034 and request a written explanation.
If you need more information about the sale, call us at (800) 716-7376 or write us at Credit Acceptance
Corporation, 25505 West Twelve Mile Road, Attention Redemption Department, Southfield, Michigan 48034.
We are sending this notice to the following other people who have an interest in the vehicle
described above,
or who owe money under your agreement:
ADDITIONAL INFORMATION
To learn the exact amount you must pay you may also write us at Credit Acceptance Corporation, 25505
West Twelve Mile Road, Attention Redemption Department, Southfield, Michigan 48034,
If you request a written explanation of how we have fi igured the amount that you owe us
we will not charge
you for that request.
Page { of 1 1700-SALE-PRIVATE-US-M-Rev, 8/19
2383129990
z
G credit Credit Acceptance Corporation
acceptance 25505 West Twelve Mile Road
Southfield, MI 48034
(800) 716-7376
a
TO: JUSTIN RICHARDSON DATE: 01/23/2024
219 Richard Rd
HORATIO, AR 71842-8991 ACCOUNT: Ema
VEHICLE: 2013 Chevrolet Equinox
VIN #: mane
SUBJECT: Security Agreement Dated December 28, 2022
NOTICE OF DISPOSITION OF REPOSSESSED VEHICLE. Credit Acceptance Corporation disposed of
the above-referenced vehicle on January 10, 2024 at the following location:
ADESA SHREVEPORT
7666 GREENWOOD ROAD
SHREVEPORT, LA 71119
NOTICE OF DEFICIENCY. After applying the proceeds from the disposition of the repossessed vehicle
to your payment obligation, a deficiency in the amount of $8,774.54 remains. Unless applicable law provides
that you are not liable for the deficiency amount, you are obligated to pay the deficiency amount, to Credit
Acceptance Corporation. Please call the toll-free number above to make appropriate arrangements.
EXPLANATION OF DEFICIENCY. The amount of the deficiency was calculated as follows:
1 As of August 31, 2023, the total amount of your obligation was $19,256.16.
2. The amount of proceeds received from the disposition of the vehicle was $4,200.00.
The total amount of your obligation after deducting the amount of proceeds received from the
disposition of the vehicle is $15,056.16.
The total amount of expenses incurred in retaking possession, holding, preparing for disposition,
processing, and disposing of the vehicle is $797.00.
The total amount of credits to your account, which includes any payments received since the date in
Item 1 above and other credits to which you are known to be entitled, including rebates of interest (or
credit service charges) or ancillary product premiums (such as a service contract or GAP) is
$7,078.62.
7
6. The amount of the deficiency is $8,774.54
Future debits, credits, charges, including additional credit service charges or interest, rebates, and expenses
may affect the amount of the deficiency.
ADDITIONAL INFORMATION. Additional informa
Preview
ELECTRONICALLY FILED Sevier County Circuit Court Kathy Smith, Circuit Clerk 2024-Jul-08 11:01:13 67CV-24-69 CO9WD01 : 11 Pages IN THE CIRCUIT COURT OF sevink COUNTY, ARKANSAS PLAINTIFF CREDIT ACCEPTANCE CORPORATION VS. No. DEFENDANT JUSTIN RICHARDSON 219 RICHARD RD HORATIO, AR 71842-8991 COMPLAINT n, by and through counsel, The Now comes Plaintiff, Credit Acceptance Corporatio t the Defendant says unto this McHughes Law Firm, PLLC, and for its Complaint agains Honorable Court as follows: a Michigan Corporation 1 That Plaintiff is an indirect auto finance company, and iff is not required to be license d by the authorized to do business in the State of Arkansas. Plaint : ant to A.C.A. 17-24-202 (10). Venue is proper in Arkansas Board of Collection Agencies pursu pursuant to Ark Code Ann. §16-60-101 and Sevier Cou nty where the contract was signed herein subject matter of this action and the parties 15 U.S.C. § 1692i. The court has jurisdiction over the hereto. llment Contract (the 2 Plaintiff is the assignee of the attached Retail Insta RY CHEVROLET, INC., located at 1027 “Contract’”) dated December 28, 2022, from GENT Contract is attached and labeled Exhibit A. Hwy 70 E, DE QUEEN, AR 71832. A copy of the MOAI NM "1 sleytnz Ck— Q_ J / 3 Defendant entered into said Contract to purchase a 2013 Chevrolet Equinox. 4 Defendant is in default of said Contract and owes the Plaintiff the principal sum 7 of $8,814.54. 5 The Plaintiff is entitled to prejudgment interest on the principal balance from August 31, 10% nti the date of the Judgment pursuant to Ark. Code Ann. § 16-65-114 in the amount of 2% above the Federal Reserve Primary Credit Rate as determined on the date of Judgment. 6. Plaintiff has demanded payment from Defendant, but Defendant has refused to pay. WHEREFORE, premises considered, Plaintiff prays that Defendant be summoned to appear and answer, that upon final hearing, Plaintiff have Judgment against the Defendant for; a) principal balance of $8,814.54; a) pre-judgment interest for the dates requested above and post-judgment interest, both awarded pursuant to Ark. Code Ann. § 16-65-114 in the amount of 2% above the Federal Reserve Primary Credit Rate as determined on the date of Judgment; b) attorney’s fees in the amount to be determined by the court; c) all cost of court; and qd) all such other just and proper relief to which Plaintiff may be entitled. VERSION 10-17-2018 Respectfully submitted, The McHughes Law Firm, P.L.L.C. Attorneys at Law P.O. Box 7599 Little Rock, Arkansas 72217 (501) 376-9131 _ ) (Ay Becky A. McHughes (03024) becky@mchugheslaw.com Christopher D. Anderson (91255) chris@mchugheslaw.com Josh Logan (19043) jlogan@mchugheslaw.com File #:81418 VERSION 10-17-2018 Copy of Electronic Original Not required to mail or fax this copy to Credit Acceptance RETAIL INSTALLMENT CONTRACT _— Lot ¢_VHF Buyer Name and Address Buyer Name and Address Creditor-Seller Name and Address JUSTIN RICHARDSON _— N/A GENTRY CHEVROLET, INC. 219 RICHARD RD 1027 HWY 70 E e HORATIO, AR 71842 DE QUEEN, AR 71832 “You” and “Your” mean each Buyer above, jointly and severally. Us” and “We” mean Creditor-Seller and Creditor-Seller's assignee. You may buy the Vehicle described below for cash or credit. The cash price is shown on Page 2 as the "Cash Price”. The credit price is shown below as “Total Sale Price”. You have agreed to buy the Vehicle from Us on credit for the Total Sale Price. You acknowledge delivery and acceptance of the Vehicle in good condition and repair. You promise to pay Us all amounts due under this Retail Installment Contract (“Contract”), including the Total Sale Price, in accordance with the payment schedule shown in the Truth in Lending Disclosures below. You also agree to the terms and conditions below (including the Truth in Lending Disclosures) and on the additional pages of this Contract. TpeAnnual Percentage Rate may be negotiable with Us. Year and Make Model Color Vehicle Identification Number ‘Odometer Reading Used 2013 Chevrolet Equinox SILVER 81,883 TRUTH IN LENDING DISCLOSURES FINANCE Amount Total of Total Sale Price PERCENTAGE CHARGE Financed Payments The total cost of Your The dollar amount The amount of credit The amount You will purchase on credit, The cost of Your the credit will cost rovided to You or on have paid after You including Your credit as a yearly ‘ou. ‘our behalf. have made all payments down payment of as scheduled. rate. $2,000.00 is 16.99%]$ 6,792.60 $ 13,839.00 $ 20,631.60 $ 22,631.60 Payment Schedule: Your payment schedule will be: No. of Payments ‘Amount of Payments When Payments Are Due $ $ 60 $ 343.86 Monthly, beginning January 28, 2023 Security: You are giving a security interest in the goods or Vehicle being purchased. Late Charge: if a payment is not made in full within 10 days after it is due, You will pay a late charge of $5.00 or 5.0% of the part of the payment that is i RONIG- RAGIN AL late, whichever is less, serie No i & ep, ety ly VOU m af be erfltled fo a testing roar t By 4 ial Infor jation\ Please f€ad thi ont ict for any additignal| info} ah cheduled fate, ani prepay! iment refunds ar pen. ties, LIABILITY INSURANCE COVERAGE FOR BODILY INJURY AND PROPERTY DAMAGES CAUSED TO OTHERS IS NOT INCLUDED. PROPERTY INSURANCE: You must insure the Vehicle securing this Contract. YOU MAY PURCHASE OR PROVIDE THE INSURANCE THROUGH ANYONE YOU CHOOSE WHO IS REASONABLY ACCEPTABLE TO US, as more fully described on page 3] If you do not have this insurance, we may, at our option, buy property insurance in accordance with the terms of this Contract. If you purchase Physical Damage Insurance from or through Us as part of this Contract, you authorize Us to add the cost of that insurance to the amount financed under this Contract. Buyer's Signature: x, ** DO NOT SIGN ** Buyer's Signature: x *** DO NOT SIGN *** NOTICE: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH| THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR |\WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER. USED CAR BUYERS GUIDE. THE INFORMATION YOU SEE ON THE WINDOW FORM FOR THIS VEHICLE IS PART OF THIS CONTRACT. INFORMATION ON THE WINDOW FORM OVERRIDES ANY CONTRARY PROVISIONS IN THE CONTRACT OF SALE. Guia para compradores de vehiculos usados, La informacién que ve en el formulario de la ventanilla para este vehiculo forma parte del presente contrato. La informacién del formulario de la ventanilla deja sin efecto toda disposicién en contrario contenida en el contrato de venta. Sian [Changes to this Contract t Any change in the terms of this Contract must be in writing and signed by Us. No oral changes are binding. Buyers Signature: x Buyer's Signature: x ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) © 2014-2022 Credit Acceptance Corporation. All Rights Reserved. PAGE 1 of 4 ‘The original retail installment contract is assigned to Credit Acceptance Corporation. This copy was created on 12/28/2022 Copy of Electronic Original Not required to mail or fax this copy to Credit Acceptance — ITEMIZATION OF AMOUNT FINANCED 1. Cash Price (including accessories and improvements to the Vehicle) g_13,.000.00 (4) 2. Sales Tax $ N/A (2) 3. Down-Payment Calculation: Cash Down Payment 2000.00 (a) Deferred Down Payment N/A (B) Trade-In Descriptiot Gross Trade-In $____N/A(c) Make: N/A Model:N/A__ Payoff Made by Seller S. N/A_(p) Net Trade-In (negative number, Insert"0n ine (€) and temizedference in SF) below) (C-D).. N/A (€) Trade-In n Descriptio Gross Trade-In.. $ Make: Model: a age Made by Seller $. N/A _(G) Net Trade-In (If negative number, Insert “0” in line 3(H) and itemize difference in 5(L) below) (F-G)... $ N/A (H) Other: Manufacturers Rebate N/A Total Down Payment (A+B+E+H+H) §. 2,000.00 gy Unpaid Balance of Cash Price (1+ 2 less 3). 1 0 9 (4) Other Charges Including Amounts Paid to Others on Your Behalf: *(NOTICE: A portion of these charges may be paid to or retained by Us.) A *Cost of Required Physical Damage Insurance Paid to Insurance Company... $ N/A (A) B. *Cost of Optional Extended Warranty or Service Contract Paid to the Company named below $ 1, 865 .00 (B) C. Cost of Fees Paid to Public Officials for Perfecting, Releasing or Satisfying a Security Interest . 0 (Cc) D. Cost of Fees Paid to Public Officials for Certificate of Title, License and Registration... N/A (D) &, SERVICE AND HANDLING FEE. A SERVICE AND HANDLING FEE IS NOT AN Seticiat FEE. A SERVICE AND HANDLING FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO THE CUSTOMER FOR PERFORMING SERVICES AND HANDLING DOCUMENTS RELATING TO THE CLOSING OF A SALE OR LEASE. THE SERVICE AND HANDLING FEE MAY RESULT IN PROFIT TO THE DEALER. THE SERVICE AND HANDLING FEE DOES NOT INCLUDE PAYMENT FOR THE PREPARATION OF LEGAL DOCUMENTS. THIS NOTICE IS REQUIRED BY LAW. 129.00 () Other Charges (Seller must identify who will receive payment and describe purpose) to N/A for lien or lease payoff N/A *to Phoenix American Administrators, Tne for Optional GAP Protection 844.00 (G) *to N/A for_N/A N/A (Hy) “to N/A for_N/A N/A (I) *to N/A for N/A N/A (J) FOF *to N/A for_N/A N/A (kK) RO I= = I for Garyfe SFR FRY fms Petene BOK) 13,83 7. Amount Financed ‘Unpaid Balance (4 + 5 less 6) 2 (7) OPTIONAL EXTENDED WARRANTY OR SERVICE CONTRACT: Although You are not required to purchase an optional extended warranty or service contract as a condition of purchasing this Vehicle on credit, by initialing below You are indicating that You voluntarily elect to buy an optional extended warranty or service contract covering the repair of certain major mechanical breakdowns of the Vehicle and related expenses. Refer to the optional extended warranty or service contract for details about coverage and duration. sap Price $1,865.00 Term: 24,000 Miles/24 Mos Company: Wynn's Extended Care, Inc Cc Pate Rekordon a 12/28/2022 Buyer's Signature Date Buyer's Signature Date GAP PROTECTION: Optional Guaranteed Auto Protection (GAP) is not required to obtain credit. GAP protection will not be provided under this Contract unless You sign for it below and agree to pay the additional cost shown below and on Line 5G of the ITEMIZATIOI MOUNT FI IANCED. You may obtain optional GAP protection from a person of Your choice that is authorized to sell such coverage and is acceptable to Us. The GAP contract issued by the provider of the protection will describe the terms and conditions of coverage in further detail. If You want GAP protection, sign below. Cost: $ 844.00 Term: 60 Mos Provider: Phoenix American Administrators, Inc a Bastin Richardane mee 12/28/2022 [Boers Signature Date Buyer's Signature Date ADDITIONAL TERMS AND CONDITIONS: THE ADDITIONAL TERMS AND CONDITIONS SET FORTH ON THI ADDITIONAL PAGES OF THIS CONTRACT ARE A PART OF THIS CONTRACT AND ARE INCORPORATED HEREIN BY REFERENCE. NOTICE TO THE BUYER: Do not sign this Contract before You read it or if it contains any blank spaces. You are entitled to an exact copy of the Contract You sign. You agree to the terms of this Contract and acknowledge that You have received a copy of this Contract with all blanks filled in and sa; “hat You have read it andFrans understand eater] we, Buyer's Signature: x. Leland Buyer's Signature: x Seller; GENTRY CHEVROLET, INC Title: / AGENT This Contract is signed by the Seller and Buyer(s) hereto this 28th day of December 2022 ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) © 2014-2022 Credit Acceptance Corporatighe origina retail instalment contract fs assigned to Credit Acceptance Corporation All Rights Reserved. This copy was created on 12/28/2022 Copy of Electronic Original Not required to mail or fax this copy to Credit Acceptance ADDITIONAL TERMS AND CONDITIONS Securi Interest. You give Us a security interest in: 1). The Vehicle and all parts or goods installed in it; 2). All money or goods received (proceeds) for the Vehicle; 3). All insurance, maintenance, service or other contracts We finance for You; and 4). All proceeds from insurance, maintenance, service or other contracts We finance for You (this includes any refunds of premiums). This secures payment of all You owe on this Contract and in any transfer, renewal, extension or assignment ofthis Contract. It also secures Your other agreements in this Contract. You agree to have the certificate of title show our security interest (lien) in the Vehicle. Late Charge. You promise to make all payments when due. If You fail to make a payment when it is due, You agree to pay Us a late charge as. stated on Page 1 of this Contract. You agree that We do not waive any of our rights by accepting one or more late payments from You. Bad Check Charge. You agree to pay Us a bad check charge of $30 (or such other amount permitted by applicable law) for any check or like instrument given by You to Us that is returned by Your bank because of insufficient funds or because Your bank account was closed, to the extent permitted by applicable law. Ownership and Risk of Loss. You promise to pay Us all You owe under this Contract even if the Vehicle is damaged, destroyed or missing. Your oO ther Promises to Us. You promise that: You will not remove the Vehicle from the United States or Canada without our written permisison. You will not sell, rent, lease or otherwise transfer any interest in the Vehicle or this Contract without our written permission. You will not expose the Vehicle to misuse or confiscation. You will not permit any other lien or security interest to be placed on the Vehicle. You will preserve and protect the Vehicle and keep it in good condition and repair. You will not use the Vehicle unlawfully or abandon it. If a governmental agency impounds the Vehicle, You will notify Us immediately and regain possession of the Vehicle. We may regain possession of the Vehicle and treat it as a default. You will pay all taxes, assessments, rentals, charges, and other fees imposed on the Vehicle when they are due. If We pay any repair bills, storage bills, taxes, fines, fees, or other charges on the Vehicle, You agree to repay the amount to Us. You will permit Us to inspect the Vehicle at any reasonable time. You will promptly sign, or cause others to sign, and give Us any documents We reasonably request to perfect our security interest. You have not made and will not make an untrue, misleading or incomplete statement in a credit application, this Contract or any information provided in connection with this Contra: Youwill promptly provide U:Is with any additional personal orfinancialinformation concerning You or any information about the Vehicle that Wemay reasonably request from time to time. « You will immediately notify Us if You change Your name or address. Prepayment. You have the right to prepay Your account balance early without a penalty. If You prepay in full, You may be entitled to a refund credit of part of the pre-computed finance charge. This credit will be calculated in accordance with the actuarial method. We will apply the credit to the amount You owe Us or if You paid Us more than the amount owed to Us under this Contract, We will refund it to You. We will not credit or refund amounts less than $1.00, if permitted by applicable law. If You prepay only a portion of the balance remaining under this Contract, We will apply the prepayment to Your account balance. Your payment due date will advance by one month each time a standard monthly payment is satisfied in full by a prepayment. You must still make all payments. on time until Your obligation under this Contract is paid in full. Ir You make a partial prepayment Your last payment or payments may be less than easedEra Gabbe nbuelace Gad fa HAVE THE RIGHT TO APPROVE THE TYPE AND AMOUNT OF INSURAI fe ofa Frakes } If the Vehicle is lost or damaged, You agree that We can use any insurance settlement either to repair the Vehicle or apply to Your account balance. If applied to Your account balance, the insurance settlement proceeds that do not pay Your obligation in full under this Contract will be applied as a partial payment. Optional Maintenance or Service Contracts. This Contract may contain charges for optional maintenance, service or warranty contracts. If the Vehicle is repossessed, You agree that We may claim benefits under these contracts and terminate them to obtain refunds of unearned charges. Insurance, Maintenance, Service or Other Contract Charges Returned to Us. If any charge for required insurance is returned to Us, it may be credited to Your account in accordance with the Prepayment section of this Contract. Any refund on optional maintenance, service, war- ranty or other contracts obtained by Us will be credited to Your account in accordance with the Prepayment section of this Contract. Default and Acceleration of the Contract. You will be in default if: - You fail to pay any amount due under this Contract when it is due. - You break any of Your other promises You made in this Contract. . A proceeding in bankruptcy, receivership or insolvency is started by You or against You or Your property. If You are in default of this Contract, We may declare the entire unpaid balance of this Contract due and payable immediately at any time without notice to You, unless We are required by law to provide You with such notice, and subject to any right You may have to reinstate the Contract. In figuring what You owe, We will give You a refund of part of the Finance Charge figured the same as if You had prepaid Your obligation under this Contract in full. Repossession of the Vehicle. If You default, We may take (repossess) the Vehicle from You. To repossess the Vehicle, We can enter Your property, or the propel where the Vehicle is stored, So lon: as it is done e% acefully and the law allows it. Any accessories, equipment or replacements will remain with the Vehicle. You hereby aci knowledge and agree fh fat any personal propel ty contained within the Vehicle may be removed and held without liability to Us or our agent. It is Your responsibility to promptly and immediate el contact Us to make arrangements for the return of Your personal property. You are responsible for paying all reasonable charges associated wit if the repossession. Ri le sell, lease, license or otherwise dispose of any or al f of the Vehicle in its present condition or Gettin the Vehicle Back After Repossession. If We rey ossess the Vehicle, You have the right to pay to get it back (redeem) at any time before following any commercially reasonable preparation or processing, ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) > Buyer's Initials © 2014-2022 Credit Acceptance Corporation. All Rights Reserved. PAGE 3 of 4 The original retail installment contract is assigned to Credit Acceptance Corporation. Buyer's Initials This copy was created on 12/28/2022 Copy of Electronic Original Not required to mail or fax this copy to Credit Acceptance ADDITIONAL TERMS AND CONDITIONS Sale of the Repossessed Vehicle. Any notice that is r equired to be given to You of an intended sale or transfer of the Vehicle will be mailed to Your last known address, as reflected in dur records, i in a reasonable period before the date of the intended sale or transfer (or such other of time as is required by law). If the Vehicle is sold, We will use the net proceeds of the sale to pay all or part of Your debt. period The net roceeds of the sale will be figured this way: Any charges for taking, holdin fees an de court costs, if permitted by law, will be subtracted from the selling price. 19, Preparing for sale, and selling the Vehicle, and any attorney If You owe Us less than the net proceeds of sale, We may be required to pay a lender who has givenWeYouwill a pay You the difference, unless We are re« loan and has also taken a security interestquired to pay it to in the Vehicle. someone else. For example, If You owe more than the net proceeds of sale, You will pay Us the difference between the net proceeds of sale and what You owe when We forit If You do not pay this ai mount when asked, You may also be charged interest at the highest lawful rate until You do pay all You owe to ask Us. Servicing and Collection Contacts. You agree that we may try to contact you in writin ly address or telephone number you provide us, even if the telephone numi fiber is a cell phone number or the contact results messages, text messa ges, and automatic telephone dialing systems, as the law allows. You al 0 agree that we may ti to contact you in these by e-mail, or using prerecorded/artificial voice and other ways at an) ina charge to you. Collection Costs. If We hire an attorney to collect what You owe and the attorn attorney's fees and any court costs as permitted by applicable law. ey is not our salaried employee, You will pay our reasonable extend the time for making some payment 'slaywithout or refrain from enforcing any of our ig hts under this Contract without lo: sing them. For exam le, We can Delay in Enforcing Rights. We can del extending others. If any part of this Contract is not valid, all other parts will remain enforceable. WARRANTIES SELLER DISCLAIMS. YOU UNDE! -RSTAND THAT THE SELLER IS NOT OFFERING ANY WARRANTIES AND THAT. THERE ARE NO IMPLIED WARRANTIES OF MERCHANTABILIT" Y, OF FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTIES, EXPRESS OR IMPLIED BY THE SELLER, COVERING THE VEHICLE UNLESS THE SELLER EXTENDS A WRITTEN WARRANTY OR SERVICE CONTRACT WITHI N 90 DAYS FROM THE DATE OF THIS CONTRACT. THIS PROVISION DOES NOT AFFECT ANY WARRANTIES COVERING THE VEHICLE THAT MAY BE PROVIDED BY THE VEHICLE MANUFACTURER. Interest After Maturit ity. You further agree to pay interest at the highest rate permitted b applicable law on amounts that remain unpaid after maturity of this Contra ict. For the purposes of this provision, maturity means the earlier o} f the date Your final payment is due or the date We accelerate the Contract c Judgment Rate. Interest on any judgment awarded on this Contract will b e at the Annual Percentage Rate stated on Page 1 of this Contract, or at the highest rate permitted by applicable law. State of Contractin, ig. This Contract shall be deemed to have been made and entered into by the parties at the Seller's address shown on page 1. Governin q g out of or related to this Contract, are governed by the law of the state COPY Law. The rights and duties of the parties, and any claims arisin OF ELEC INTC ORIGINAL FOR VALUE RECEIVED, Seller hereby assigns and trans\ fers all Seller's right, title and interest in and to this Contract, and in and to the Vehicle described herein, to CREDIT ACCEPTANCE CORPORATI ION ("Assignee"), its successors and assigns, pursuant to and in accordance with the terms and conditions set forth in the existing dealer agreement between Sell ler and Assignee in effect on the date hereof. Seller gives Assignee full power, either in Assignee's name or in Seller's name, to take all actions which Seller could have taken under this Contract. In order to induce Assignee to accept assignment of this Contract, Seller represents and warre ants to Assignee as set forth in the existing dealer agreement. NOTICE OF ASSIGNMENT: The Seller has assi: igned this Contract to Credit Acceptance Corporation in accordance with the terms and conditions set forth above. Th is assis ignment is without recourse. You must make all future payments to: CREDIT ACCEPTANCE CORPORATION, 25505 WEST TWELVE MILE ROAD, SOUTHFIELD, MICHIGAN 48034-8339, 1-(800)-634-1506. a [er Bae Bewses Seller, GENTRY CHEVROLET, INC. | Title: AGENT ARKANSAS CREDIT ACCEPTANCE CORPORATION (02-2022) > Buyer's Initials © 2014-2022 Credit Acceptance Corporation. All Rights Reserved. PAGE 4 of 4 Buyer's Initials The original retail installment contract is assigned to Credit Acceptance Corporation This copy was created on 12/28/2022 Copy of Electronic Original Not required to mail or fax this copy to Credit Acceptance i We change lives! CREDIT ACCEPTANCE CORPORATION DISCLOSURE FORM JUSTIN RICHARDSON (Buyer)/ (Co-Signer) (both hereinafter referred to as “I”), are considering entering into a “Retail Installment Sales Contract” (hereinafter referred to as “Contract”) with GENTRY CHEVROLET INC. (hereinafter referred to as “Car Dealership”). I have been given an ‘opportunity to read both sides of the Contract, which has been completely filled in, and to ask all questions I may have concerning the terms and conditions of the Contract. I understand that this Contract contains the entire agreement between I and Car Dealership and that the Car Dealership will be assigning this Contract to Credit Acceptance Corporation ("Credit Acceptance"). I understand that any changes to this Contract must be in writing and signed by I and Credit Acceptance. Oral changes are not binding. [understand that the price of vehicle is the price which is set forth in the Contract and that I personally negotiated this price with the Car Dealership. This “cash price” is the price that the Car Dealership would have charged had I purchased the vehicle with cash. I further represent that the Car Dealership did not quote me a lower cash price for the vehicle and that the Car Dealership did not increase the price of the vehicle because I was purchasing the vehicle on credit or because the Contract would be assigned to Credit Acceptance. T understand that the Annual Percentage Rate (“APR”) is the rate set forth in the Contract and means the cost of my credit as a yearly rate. I understand that the APR may be negotiable with the Car Dealership and represent I had the opportunity to negotiate the APR with the Car Dealership. T understand that Credit Acceptance will hold a lien on the vehicle | am purchasing. I understand that Credit Acceptance will be servicing my account and that the assignment of the Contract to Credit Acceptance will not relieve me of any obligation under the Contract. Unless I entered into a contract with a third party vendor to remit my payments under Contract to Credit Acceptance on my behalf, I understand that Credit Acceptance will be sending me a payment book or statement that will be used by me to make my payments under the Contract to Credit Acceptance. I understand that Credit Acceptance and the Car Dealership have an agreement that provides that Credit Acceptance will pay the Car Dealership a portion of the amount I actually owe under the Contract and that this amount is sometimes referred to as a “discount”. I understand that the Car Dealership that sold me the vehicle may retain an interest in the payments I make to Credit Acceptance and after the [ EF Ctok amounts initially paid to the Car Dealershi by Credit Act -ceptance are recovered by Credit Acceptance, the Car Dealership may begin to receive C IP und@rstand pay lership® ree rds CZ COR LCI under the Contract as I purchased the subject vehicle on terms acceptable to me with full and complete knowledge that Credit Acceptance wil AL advance to the Car Dealership only a portion of the amount I have actually agreed to pay and that Credit Acceptance will retain the “discount”. If the purchase price of the vehicle includes ancillary products, such as a service contract; extended warranty; GAP product; oredit life, accident and health insurance; collision insurance coverage, and/or other related goods and services, I understand that I am not required to purchase these goods and services in order to buy the car on credit and that these goods and services were sold to me at the fair market retail value and have not in any way been overstated or inflated and that these goods and services were sold to me at the same price as they would have been sold by the Car Dealership in a cash transaction. I understand that the Car Dealership, Credit Acceptance or a subsidiary of Credit ‘Acceptance may receive a portion of the proceeds of the sale of these ancillary products as a commission, administrative fee reimbursement, earned premium or fee I further acknowledge that if I enrolled in an electronic payment program where my payments are to be automatically withdrawn from my bank account, that this program is optional and is not required in order to finance the purchase of the vehicle. ACKNOWLEDGE recor THAT I HAVE READ AND UNDERSTAND THIS DOCUMENT. Pucstin Richardaoie ec na Hanae nest BUYER: CO-SIGNER: SIGNATURE SIGNATURE DATED: 12/28/2022 DATED: CAR DEALERSHIP CERTIFICATION: Car Dealership hereby represents to Credit Acceptance that it has explained the information in this document to the Buyer and Co-Signer and that it has no knowledge, information or belief that would cause the Car Dealership to believe that any of the representations of Buyer set forth herein are inaccurate or incomplete in any respect. CAR D)DEALERSHIP! GENTRY CHEVROLET, INC. py: Lo De Beene nnnael ITS: AGENT DATED: 12/28/2022 © 2008 Credit Acceptance Corporation (®é1S1Q bi MLR ightalResarehtract is assigned to Credit Acceptance Corporation, This copy was created on 12/28/2022 Cc redit, RO Credit Acceptance Corporation A ccep tance We change fives! 25505 West Twelve Mile Road Southfield, Ml 48034 (800) 716-7376 = TO: JUSTIN RICHARDSON a - “2 DATE: 09/12/2023 219 Richard Rd HORATIO, AR 71842-8991 ACCOUNT: Gap VEHICLE: 2013 Chevrolet Equinox VIN #: GEE SUBJECT: Security Agreement Dated December 28, 2022 NOTICE OF OUR PLAN TO SELL PROPERTY We have your vehicle described above because you broke promises in our agreement. We will sell the vehicle at private sale sometime after September 28, 2023. A sale could include a lease or license. The money that we get from the sale (after payin: 1g our costs) will reduce the amount you owe. If we get less money than you owe, you will still owe us the difference. If we get more money than you owe, you will get the extra money, unless we must pay it to someone else. You can get the property back at any time before we sell it by paying us the full amount you owe (not just the past due payments), including our expenses. To learn the exact amount you must pay, call us at (800) 716-7376. If you want us to explain to you in writing how we have figured the amount that you owe us, you may call us at (800) 716-7376 or write us at Credit Acceptance Corporation, 25505 West Twelve Mile Road, Attention Redemption Department, Southfield, Michigan 48034 and request a written explanation. If you need more information about the sale, call us at (800) 716-7376 or write us at Credit Acceptance Corporation, 25505 West Twelve Mile Road, Attention Redemption Department, Southfield, Michigan 48034. We are sending this notice to the following other people who have an interest in the vehicle described above, or who owe money under your agreement: ADDITIONAL INFORMATION To learn the exact amount you must pay you may also write us at Credit Acceptance Corporation, 25505 West Twelve Mile Road, Attention Redemption Department, Southfield, Michigan 48034, If you request a written explanation of how we have fi igured the amount that you owe us we will not charge you for that request. Page { of 1 1700-SALE-PRIVATE-US-M-Rev, 8/19 2383129990 z G credit Credit Acceptance Corporation acceptance 25505 West Twelve Mile Road Southfield, MI 48034 (800) 716-7376 a TO: JUSTIN RICHARDSON DATE: 01/23/2024 219 Richard Rd HORATIO, AR 71842-8991 ACCOUNT: Ema VEHICLE: 2013 Chevrolet Equinox VIN #: mane SUBJECT: Security Agreement Dated December 28, 2022 NOTICE OF DISPOSITION OF REPOSSESSED VEHICLE. Credit Acceptance Corporation disposed of the above-referenced vehicle on January 10, 2024 at the following location: ADESA SHREVEPORT 7666 GREENWOOD ROAD SHREVEPORT, LA 71119 NOTICE OF DEFICIENCY. After applying the proceeds from the disposition of the repossessed vehicle to your payment obligation, a deficiency in the amount of $8,774.54 remains. Unless applicable law provides that you are not liable for the deficiency amount, you are obligated to pay the deficiency amount, to Credit Acceptance Corporation. Please call the toll-free number above to make appropriate arrangements. EXPLANATION OF DEFICIENCY. The amount of the deficiency was calculated as follows: 1 As of August 31, 2023, the total amount of your obligation was $19,256.16. 2. The amount of proceeds received from the disposition of the vehicle was $4,200.00. The total amount of your obligation after deducting the amount of proceeds received from the disposition of the vehicle is $15,056.16. The total amount of expenses incurred in retaking possession, holding, preparing for disposition, processing, and disposing of the vehicle is $797.00. The total amount of credits to your account, which includes any payments received since the date in Item 1 above and other credits to which you are known to be entitled, including rebates of interest (or credit service charges) or ancillary product premiums (such as a service contract or GAP) is $7,078.62. 7 6. The amount of the deficiency is $8,774.54 Future debits, credits, charges, including additional credit service charges or interest, rebates, and expenses may affect the amount of the deficiency. ADDITIONAL INFORMATION. Additional informa