I know that the implementation of the scanner and "PDF" engine in the Xerox is "full color and full featured" but it is not exactly a "compliant" PDF with Adobe's standard.
Anyway, that is probably the reason it looks so crappy anyway, it was probably a Full Color FAX at some dithered resolution.
It looks like the letters were shaken off the page and just thrown back on it randomly. It's like the instructions for the letter positions were jumbled somehow. I've very infrequently seen things like this before.