1. If Not a Cash Transaction. If I do not complete this purchase as a cash transaction, either on or before the time of delivery of the unit purchased, I will enter into a retail installment contract and sign a security agreement or other agreement as may be required to finance my purchase.
6. Failure to Complete Purchase. If I fail or refuse to complete this purchase within thirty (30) day of the date of this contract or within an agreed upon extension of time, for any reason (other than cancellation because of an increase in price), you may keep that portion of my cash deposit which will reimburse you for expenses and other losses including attorney fees and court costs incurred, because I failed to complete this purchase. If my deposit is insufficient to reimburse you all expenses you have incurred, are legally obligated to incur, or incur in an effort to mitigate your loss, then I agree that I owe you all such sums because I failed to complete this purchase. You shall have all the rights of a seller upon breach of contract permitted under any provision of Louisiana, Arkansas, or Texas law and in the event that you file a legal action against me to recover any such sums, then I shall also owe you legal interest on the amount I owe you under this contract, and you shall also be entitled to recover your reasonable attorney fees and court costs. In the event I have granted you a mortgage, deed of trust, or other security agreement against any land and other property I may own, such mortgage, deed of trust, or other security agreement shall secure all sums owed by me to you as set forth in this paragraph or as set forth elsewhere in this contract.
Yes, it was understood that they were responsible for obtaining the financing/ finding the lender for me.
That is the only clause in the entire contract about financing.
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