HomeMy WebLinkAbout02- Yellowstone Sports Center, Inc.; 2002 FLHTPI Harley-Davidson
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PROMISSORY NOTE
FOR V ALUE RECEIVED, the City of Bozeman, promises to pay to the order of
Yellowstone Sports Center, Inc. dba Yellowstone Harley-Davidson the sum of$15,000.00 in
lawful money of the United States, negotiable and payable to payee with no interest before
maturity and at the rate of 12% per annum if the Note is not paid on or before October 2,2002.
This Note shall be due and payable in full on October 2, 2002. It is understood and
agreed that this Note is secured by a 2002 FLHTPI Harley-Davidson motorcycle with a vehicle
identification number of IHDIFMW162Y653638, In the event that the City of Bozeman
returns the Harley-Davidson motorcycle to Yellowstone Harley-Davidson with less than 5,000
miles and in good condition on or before October 2, 2002, this Note shall be deemed paid in full
and no monetary payments shall be due from the City of Bozeman to Yellowstone Harley-
Davidson.
In the event of default, it is agreed that the holder of this note may recover such
necessary expenses as may be incurred in collection, including a reasonable attorney fee. The
maker hereof waives presentment, demand, protest and notice thereof.
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DATED this day of , 2002
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CITY OF BOZEMAN
By:.- -\ \ -
CLARK. JOHNSON
City Manager
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SECURITY AGREEMENT
Agreement is made and entered into this Y day Or::J ~ , 2002 by and
between the City of Bozeman, 311 East Main, Bozeman, MT 59715, hereinafter referred
to as "debtor," and Yellowstone Sports Center, Inc. dba Yellowstone Harley-Davidson ofP. O. Box
569, Belgrade, Montana 59714 hereinafter referred to as "Secured party";
WHEREAS, in consideration of the mutual covenants and promises set forth herein,
Debtor and Secured party agree as follows:
1. Creation of Security Interest.
Debtor hereby grants to Secured party a security interest in the collateral described in
Paragraph 2 of this agreement to secure the performance and payment of a Promissory Note in
the amount of $15,000.00,
2. Descriotion of Collateml.
The collateral of this security agreement, hereinat\et~e:r:redto as "collateral," consists
ofa 2002 FLHTPI Harley-Davidson motorcycle, VIN # IHDIFMW162Y653638.
Debtor's Obligations. Generallv.
Debtor shall pay to Secured Party the sum evidenced by the above mentioned Promissory
Note in accordance with the terms of such Promissory Note.
Debtor agrees to maintain appropriate liability insurance on the collateral until the
Promissory Note secured hereby is paid in full.
4. Pavrnent of Promissory Note.
It is understood and agreed that in the event that the City of Bozeman returns the
collateral to Yellowstone Harley-Davidson with less than 5,000 miles and in good condition on
or before October 2, 2002, that the Promissory Note secured by this Agreement shall be deemed
paid in full and no monetary payments shall be due from the City of Bozeman to Yellowstone
Harley-Davidson pursuant to the Promissory Note secured by this Agreement.
5. Proceeds of Collateral.
Debtor hereby grants to Secured Party a security interest in and to all proceeds of
collateral, as defined by Section 30-9-306, M.C.A. This provision shall not be construed to mean
that Debtor is authorized to sell, lease, or otherwise dispose of collateral without the written
consent of Secured Party unless otherwise provided in this Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this agreement the day and
year first above written.
SECURED PARTY: DEBTOR:
~NB HARlEY-DAVIDSON CiOFBOZEMAN(ONTANA
. ~~ By: - ~ - -~
ARDYCE DEVRIES CLARK. JOHNSON
President City Manager
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DEALER NUMBER DEALER NAME I ADDRESS .":: 9C~1Ir.~~(:4 illhlllirStcohmn blll!c:(Al~~ or in the S9OOI'IlICOluin!tbox (NtA)indicaling,iIem doeis-flOl
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TRANSFERRED TO 'c'," -. ,-~",."~... - ,..-" ~ ~"'''''.t~:. ,:" - . . - -" -. -.. - _~ ~"..:: ~_ ~:.. - w~_. .. . below. is factory inslallec( perlGrm the procedllrespecillecl in:ihe 'Pr~Delivery and Set-UplJ'iStrOOiioris).' . .,
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PURCHASER'S NAME: a Mr, OMi"s,bf4s. a Bus. a Mt.;&:urs. :-..:}::?:.:::::. ',~~, Qla ~r~1li~~~: _:.:::::~::.::'::.:;~:::: .y,flhfillimjiOl\~~'
jTITLE I FIlBT' ~.: ,:'.: .: ". - . . I J& Cl WIN,D6tl1BD-.~aoo~djUst. ..; .~~ -" .': '.. luelpr9ssIi~ (lIin~
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PURCHASER'S NUMBER I STREET ADDRESS .::----:..-: " ~a ~~CYLINOER.CI\ilCk~~_..- .clutch~ .crulS9controloperaliOn
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>I .: .. -... '. " . ~a a ~.e!~JI:Y(~~ pli!y. >,':: :::?: ,:.:: : >-:. >~, (TSMIT$SM) . Qlpl8in opIlfllljOn and how to set~ a Fob
\ C.ITY. .1 P.ROVlNC. E.AN.D.. .I.OR STATE.. '" .' '.' . >.:>..: ..-:,.' ,Z.IP/PO.STAI-.... CO..OE ' . ,ma ~~~1llo!l~~a,.sri~,i :~~:.~;::~~;,~: ',no'f; and Personal COde WTSSM 18 Inslllled 00 motorcyc\$.
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TYPE OF SALE , ."vv'-~ ::--:,:.>>::. .hazard~<'"::,::b:..::.>v, a1ongwlln.salelY:~$dnllllPsllllndbool<.
o Retail {Direc11oUlllma1eCofisDrmlrf"c' P icelsHrlire;.:.::--atoitier.:.4:~.;.:-~~~~:-:.b;:b.:,'":.;.-.:-.;.._- ~- :~~:~~~~~-:~:. . =~r "~f:~::::~:.::~::~:.~ =on~~~:.~;itld~11"l!lI!!JCI:ior <'
. NOTICE: II is the responsilililyol the delivering ~ and relum saies andWarranIy Regislralion lorm to Harley. .~;>::::::.:::::::. . incllcalOr:~:::;::~:::;.:OOS DEUVERy.-E.cpIaln~ and break.in procedures,
, Davidson Motor Company, Mlwaukee. WI 53201 orlocallislributor. witNJlten (10} days 01 del"1\I&IY, Thiswj~ enablElHarley~to' .~~j;~~~s .instn.rnent H9~:::::~::~~~ MOTORCYCU;:!ij:lN~DEl..lV!"REO WITH PAINT AND .'"
: OOlI1jlIywllh the reccro keepilg requirementsoflhll.NalionaI TralIicandMDtorVeticki SaI9ly Art, and assure ltlallhevehiGle isqLJali. d'i .!!lgtDtii~::<::'::.. ~CS S~._t::t..~:t:~:~:t::: CHROUE Ifi~p.'fISFACT9RYCONDITION.:{
.~~~~~--._""'l>esonr"'h>~_thonrgist1a'""'infoonaIioojs_byHarley-~. ' a ~ Cl=z~m:.(SPRIN~~:~~!:~~i~E:' .' '. "". . ...." '..~'~;.
'. CAUFORMA DEALER ONL Y:The emissions warranty statement has t>een provided- aoo explained. ,i1tl Q F\1El,fl~:'~8txJ check for ~~:~::.::: ;_::~Jtii!oJ items have bHpct\Kk8dCar N .ubmll . DellIer ~ '"~'
, l2E&ElI;. I certify lhat! am lhe dElIivemg dealer and lhatlhe sale of lh~ vehiclEl m~ aU r9quH'emenls of all Har\ey.DavkIson sales . ~ . <::1iHlI~?:;' :::: ;<, ,: ::~ :;;~:: ~::::.~:::: ~Iily A~erl (DPQAjlrld cMck boX below. DPQA forms - 't'
policies; lh~ vehicle has been ~ for delivery according to a1lapj:1licablEl f'\i.Delivery and SeI-lIp inslrucIlons; lh!! waminty ,;- - a-ID,LE:s:\E:~::~~espeed Setl'"ll.:.:'_::::::::::;:::::~:~lebIe In the ServIceSecliDn of HDNET, ."f
has been expIlIined to purchaser,lhe OwrlElr's Uanual has been dElIiveIed to lhe' pl!R:lIaser; and thaI the infotmetionoolll~ 101m 1& '.' ->>>:;" ':-::-':: ,-': .':~,-:;>:;<~~: <~:: 0: . - · ' ,
lJ:U&, COnecl and complele to ttt:ftfknow\edgEl. j also certify thattt'Os vehlcl&was ordered withlhe intention for~ Sale in. . ;<.:::.;.'~.:~;::.~ :-:-:'~..>->:::;:-::::: < ./
J!1e covnlry of 800 maliIl{lO~tlonlhal"m_speciI!cal!onsll>-~.!If!le~.. . :~::<>::' :~" <, ^ -,' '-: ;":"_::'.~ _, '''--
counll)/.l edge ltlal any misrepreeenllllion oolhlS form will be',oonsidIiI:ed-Lmat<:mal b,...ach-o! rrIj dealer CO!1lf!.Ctal}&~~:- ~~~~~."',;:. ..... . - - -. " ;-<;:~1i;~~~EnlE SET-UP AND~ OI'TKlSVEHICLE WAS COMPLETED-liT
constilule ds lorterminalion. ~rr~ of lhis :rm to lhe pull:haSerand retained OIlelor dealer's ieoords. CERTIFlq~~~ :,< <, ": ,:",.: .-;::~:: ~:>::~A DEALERSHlPPRlOIHO TRANSF6l OF VEHIClE:
" -w-w'~-----~--<'~"""''i)~^ .~. ....,.>~ ._~~'_ DeflV8l"lng~.~~: Icerlif}!lbatJf'!&~~" -J.9'1.~'!.l1Ji/NsrlngDNlel'''~-"~.(,!!rl!!YJilBl~ L
'_M"~>~ _' - . . '. '0 - - -- - - ~ - - - "":7~~ _. - - completedltie:oiel.-~~i~ofthlSvehicle~ -'>;:;:::.~thevehi:leandlhalrthas~~redfordElltv9ryaooordi1g
Delivering Ilealer SIgnature. . '. ': _. ll8\8 (_/ Dey I Y$!lI"l, .. . to all appIicab,1e Pi&-D"e~fit -lliId".5e't-Up Inslructi~. ._::: _ _ ,;-.;-: ::..,::- ~811 epplicable Pre-lleivery and SeI-l1p ir\sIrllClioIlS.
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- ~ ODOMETER DISCLOSURE STATEMENT
-,!!,,:;'--~
,FE~AL LAW (AND STATE LAW, IF APPLICABLE) REQUIRES THAT YOU STATE THE MILEAGE UPON
TRANSFER OF OWNERSHIP. FAILURE TO COMPLETE OR PROVIDING A FALSE STATEMENT MAY RESULT,..
IN FINES ANDIOR IMPRISONMENT.
I, ....e1(oUll~{V...s>.... Jlo. v/~ - .j)a. Uc ds I.A... STATE THAT
(TRANSFEROR'S NAME - SELLER - PRINT)
THE ODOMETER NOW READS L_ f'\A. ~(....S MILES AND TO THE
ODOMETER READING (NO TENTHS)
BEST OF MY KNOWLEDGE THAT IT REFLECTS THE ACTUAL MILEAGE OF THE VEHICLE
DESCRIBED BELOW, UNLESS ONE OF THE FOLLOWING STATEMENTS IS CHECKED,
D (1) I HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE THE ODOMETER
READING REFLECTS THE AMOUNT OF MILEAGE IN EXCESS OF ITS MECHANICAL
LIMITS.
D (2) I HEREBY CERTIFY THAT THE ODOMETER READING IS NOT THE ACTUAL MILE.
AGE. WARNING - ODOMETER DISCREPANCY,
BODY TYPE
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DEALER SmCK NO_
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TRANSY~ STRE~t:;~auR) ~a. ~
(CITY) (STATe) (ZIP CODE)
11A-r S-9 r"J / V
G:, - 3- 2-00'2-
(STATE) - (ZIP CODE)
J1A.), S'i') /S
ccoo'... Q (0(l/011
ORIGINAL-TRANSFEREE (BUYER)