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Terms
of sale are net cash thirty (30) days from date of invoice, subject
to cash discount ifany, as shown on the face of the invoice for
payment by the tenth day of the following month,and subject to
a service charge if delinquent.
A
service charge of one and one half percent (1-1/2%) per month
will be applied to all accounts which are delinquent forty-five
(45) days past the discount date shown on the face of the invoice.
In
consideration of the credit extended hereby, including all future
advances, and to secure payment thereof, applicant hereby grants
to Electrical Supplies, Inc., its agents or assigns, a security
interest in all presently owned and/or after acquired supplies
and materials being purchased wherever located and including proceeds
thereof. And default upon the terms of this credit application
or other agreements with Electrical Supplies, Inc. shall constitute
a default in the security agreement. Should customer default,
Electrical Supplies, Inc. may take possesion of the collateral
and may pursue all other remedies referred to in Article IX of
the Uniform Commercial Code. Remedies are cumulative.
Furthermore,
should it become necessary to place this account with an attorney
for collection, suit or other legal action, I/we hereby agree
to pay all costs of such collection, suit other legal action,
including a reasonable attorney's fee at both the Trial and Appellate
levels. Venue shall lie in either Dade or Broward County, Florida,
at the discretion of Electrical Supplies, Inc.
Pressing
"Submit" below indicates my permission for Electrical
Supplies, Inc. to obtain credit information from the sources I
have referenced , including any external credit reporting source.
The
undersigned agrees that the information contained above is true
and correct. The undersigned further agrees that any change in
ownership or officers or form that the business has been operated
as shall be made known to Electrical Supplies, Inc. in writing
by certified mail to Electrical Supplies, Inc. 13395 NW 107th
Avenue, Miami, FL 33018.
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