A lift-out device for attachment to a pitless adapter in a water well assembly for use when servicing well pumps including a light source mounted near the lower end of the lift-out device for illuminating the interior of a well casing to facilitate attachment of the device to a pitless adapter. The bearing housing threads into a mating insert or sleeve, which is permanently installed within the end of the conveyor roller. The upper assembly provides upper and lower seating positions for the operator. Term sets can be pre-established between the merchant and the loan offerer.