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For a complete copy of this agreement email the Ranch. 
INSTALLMENT PURCHASE AND SECURITY AGREEMENT
WITH WARRANTIES

Seller: Kimalot Ranch ________ 936.767.4892________________
  Name     Home Phone
  401 Oxbo Lane_______________ _____________________________
  Address    Business phone
  Cleveland Texas 77328______ San Jacinto____________________
  City, State, Zip   County

Buyer: ____________________________ ______________________________
  Name     Home  Phone
  ____________________________ ______________________________
  Address    Business Phone
  ____________________________ ______________________________
  City, State, Zip   County
  ____________________________
  TDL Number

2. HORSE(S) PURCHASED:  The Seller hereby agrees to sell and the Buyer hereby agrees to buy, upon the terms and conditions set forth, the following described horse(s), hereinafter referred to as “the horse(s).”

Name:  Sire X Dam  Foaled  Sex Registration Number
3. PURCHASE  PRICE:  The total purchase price shall be _____________, payable according to the following terms:
_____________________________________________________________________
......................
Registration papers shall be delivered to Buyer only upon full pay payment of all principal and interest due.

4. WARRANTY OF PEDIGREE AND REGISTRATION:  Seller warrants the description stated above.
5. LIMITED WARRANTY PURCHASE:  Buyer accepts the horse(s) with only those warranties set forth below and subject to any and all faults or defects that may now exist or subsequently appear. The Express Warranties:
............................


8. ACCEPTANCE, NOTICE OF CLAIMS AND LIMITATION OF REMEDIES:  Buyer accepts the horse(s) by signing this contract, and risk of loss passes immediately.  Buyer is responsible for all board, veterinary and transportation expenses after the date hereof.  Buyer shall make no claim for .....
9. BUYERS WARRANTIES:  Buyer shall provide adequate feed, shelter, worming, vaccinations, veterinary care and farrier care.  Buyer shall keep the horse(s) free of all liens and encumbrances and pay all taxes levied with .......
10. INSURANCE AND INDEMNIFICATION:  Buyer shall promptly obtain and maintain “full mortality” livestock insurance in an amount not less than any unpaid balance on this contract, naming Seller as additional loss payee to the .......
16. APPLICABLE LAW, JURISDICTION AND ATTORNEY’S FEES:  This contract shall be construed and governed by the laws of the state identified above the signature line.  At the option of Seller, jurisdiction and venue for ........
17. ENTIRE AGREEMENT AND SEVERABLILITY:  This contract contains the entire understanding of the parties concerning its subject matter; there are no oral or written promises or representations upon which Buyer is relying except as expressly set forth herein.  This contract may be modified only in writing executed by both Buyer and Seller.  Headings are for convenience only and are not part of this contract.  The invalidity or unenforceability of any term or clause of this contract shall not affect the validity and enforceability of any other terms or clauses, but otherwise this contract is indivisible notwithstanding allocation of prices the parties may agree upon for tax, insurance or other reason.
WARNING
UNDER TEXAS LAW (CHAPTER 87, CIVIL PRACTICE AND REMEDIES CODE), AN EQUINE PROFESSIONAL IS NOT LIABLE FOR AN INJURY TO OR THE DEATH OF A PARTICIPANT IN EQUINE ACTIVITIES RESULTING FROM THE INHERENT RISKS OF EQUINE ACTIVITIES.


Dated ______________, 20___,  at ________________________(city), Texas.

SELLER     BUYER has read and accepts all terms
appearing on all pages of this contract

.........There are 17 sections to this agreement.........
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