HomeMy WebLinkAbout0980 12• Mo~~tl~ly StAtOrndiila. A stAtement will be rendered eacl~ montf~ yaur AC~~un( hds a Ndw ~al~nce or activity, ref(act~p, amon~
other items, Flnance Chorgd, Ott~er Charges (identified by typel, Credit Avaitabie and the amount payable by yvu on the Payment Uue
Date. Each statement wil~ be con¢idQreQ ~ Correct a~d ecceptahle by you unless you notity the ~at~w cf :~r~o~s trrithln sixty (80) days
0ftet it was mafled. ~ .
13. Stappin~ Paymsnte. T?i~ Qank's rules for stopping payment on o?dinary GheCks 8pply lo stopping peyrnent on Account ClwCki.
14. Prop~My IneuranC~- You urtderstand that Property Insurance must t~ oUtair~ed iry connection witli your Account, and, becau6e
it is not aveilable through tho eank, you may obtain such ins~rancn through any person o( your cholce accepteble to the Ba~lc. 'fhe
PrOperty Insurance shell provlde for such Coverage as is deacribed in the Mortgage and shall be in an amount sutficient t~ pey the
_ full am0unt due O~t prCViously existing encumbrancvs, mortgages or liens on the ?eel Exopeny, including prnpArty t~xe5 dnd ths full
amount o} your Credit Linp O~ t~tio ACGOUnt.
15. Notltleptlon. You 6he11 ittlm~diately deliver writton notice t0 tho Bank of any chenge in your finencial condition, o/ any Change
in your residence addross, of any loss Or thett of your Account checks, or of 3ny uneuthorized use of your Account.
18. Terminatlon ~nd d6fauit. The Benk mey at any time, with ot without w~itten notice to you, t~rminate ~ts comn'~itmant to
make further l~an AdvanCes exee~t with respect to Account chacks paid by us prior to such termin~tion. If you doisult in the perfor-
mence of any obtigatlons to the Benk, or i( you fail to make a payment roquired hgrpunder on time, or if you feil to make s p~+ment
when due on any other dabt you owp to tltA 8ank, or you meke eny ielse or mislendin~ statem8nt on your epplicAtion, or in the 8+~ent
tl~e Ba~ik deems itself insecure, or in tha ovent of y0ur dedth, or if you become inv~lved in a bankruptCy or 1~15o1v0ncy proceedMp, the
B3nk'~ commitment t0 meke further Loen Advances sha11 im?ndd~etely te~minate, and the Bank may at any time the~eatler, witlwut notice
or demend, deci~ra aii ot y~ur obligationa hereunder co ne due and payab~e immedistely. Upon your terminntion yau ~hall t181ivet to 1
1he Benk all unused Accaunt checks. In the event that ynu should fail to deliver to the 9ank all unused Account checks, you ur~d8r6tand
and apree th~t the Benk may retai~ the c011ateral SeCUring yoU~ Account uniil all of ynur AGCOUnt Cheeks heve been presented fo? p~y
menl or returned to the Benk and !~~r~1 AI! amountF due dnd owitlg the Benk hereunder have been pa~d. ShOuld eny Account checks ?
be presented fpr paymerlt 4~ 9ank after termination, tl~e amount thsreof may be charged to your aggragate unpaKl prlnelp~l belence i
in your termin~ted Account. Ypu prOttiise t0 pey ell costs of collsction, inctud'+ng rpa5onable 8ttvrneys fees, incwred by the k~ank ln
onfotCing yaur obligations herounder ~iter defauit.
17. Agre~mant Not A6slgnabl0; Joint Liebitity. The gank's commitment to make IoQns will be to you exclusive~y and Is not
ass(flnable by you. If the~o is moro than one person nemed on the Account, eaCh jping I~reirt and agrees that the terms of this Agrse~llerlt,
and any oblieations hereunder shall bp jo~nt a~~d severe) including Account checks s~gned by y0u Or eny other person named on the
ACGOUnt. EaCh such person hereby appoints thg other es attorney-in-fact with the po~ver to sign or endorse for each other AcGflunt
checks used pursudnt to this Agteement, which appointment Canrtot be revoked ss long as this Aflree?1'~9nt r@meitls in eftect. Notice
to any person named On the AGCOUnt sha11 be sufficient to Constilute notiCe to all persons named on the ~1CCOUnt, and eny notice is
effective at the timo it is depOSited i~1 the United Stetes Mail addressed to any adQress shown on the Account qr to ar~y othOr 8ddress
turrlished in writing to the Bank by you Or any other person named on the ACCOUnt.
18. Amendmanta. You unde~stand and agree that the terms and cond~t~ons of this Account A~reement as providgd hereln may
[~e ehenged by the Bank irom time to tim~ Th9 Bank mey, for example, increase the inlerest r~te or chenge the index upon which the '
intere&t ?ete (s bAsed which increeso or ct?~nge may apply to your entire New Balance- Should the Bank elect to make ch~nges, the R
8ank wi11 giva you at least 21 deys' prior notice to the la6t eddresS you have given the gank, however, you understentl this does not :
appty to portions of this Agreentent Spec+fically stating no prior notiGe ~s required.
YOD UNDERSTAND THAT BY NEGOTIATING AN ACCbUNT CHECK THAT YOU THEREBY AGFiEE TO THE TERMS AND CONDITlOAIS :
~ OF THI3 ACC~'~"!T AGREEMENT AS TNOSE TERMS ANb CONn~r10NS ARE IN E~FECT ON THE DATE YOUR AGCOUNT CHECK POSTS ~
TO YOUR ACCOUNY.
~
Date Novemb Credit ~ S ,
` .
~ 1. _"Q'~- 2 _
Account hold r Robert W. Lee Account hol r Ali J~ne Lee '
. YOUR BIL~ING RIGHTS _
KEEP TI-IIS NOTICE FOR FUTURE USE '
t
7his notice co~~tains importc~nt information ebout your riglits 0nd our responsibilities untler thg Fair Credit Billing Act.
IVatify Us (n Cese of Errors or Que6t1on6 About Your Bill
N you think your bill iS wrOng, b~~f~yGu~?~ed more information about a transaction on your bitl, write us on e eeperate sheet
~t the eddress befow.
~~~~~E,:o Equity ACGOUrIt
P. O. Box 2321
Orlando, Florida 32802-2321
Write to us es soon ~6 p~ssible. We must hear irom you no taler than 60 deys after we sent you the first bill on which the arror ~
or probtem appeared. You can te~ephq~a ,us, ut ~inq_ so wie not preserve •your rights.
tn your letter, give us the foliowing 7n~r~ri~tion~
- ~
• Your namo and aCCOUn1 number. '
• The dollar amount of the suspeCted error. ~
• Deseribe the error and explain, if you can, why you believe there is an error. If you need more i~formation, dascribe the item you
are not sure 8bout.
Ii you heve euthorized us to pay ypur b+ll automaticsliy from your ssvings pr ~hgCking aCCOUnt, you can stop thg payment ort ~
any am0unt you think is wrong. 'ro stop the paymeAt your letter must reach us lhree business deys before the automat~C p8yment
is schaduled to OCCUr. •
Your Rlghte end Our Reapnnsibilitlss After We Rec4ivo Your W?itten Nottce
We must aeknowtedge your letter within 30 days, uMe9s we have corrected the error by thert. Within 90 days, we must either
correct thg grrpr or explein why we believe the biil is CorreCt.
Aiter We receive your I~tter, we cannot try to Col!eCt eny amount you quaStiO~, Or tepUrt you es delinquent. W~ C3~ Continue
to bi11 yuu tpr thg amount you question, includin9 finence Cttarges, 8nd we can apply any unpaid an~0unt against your credit limit. You
do not have ta pay any questi0rted amount while w8 are investigat~ng, but you are sti~l obligatod to pay tlie peris of your bilt thst e~e '
not in question.
If we find that wa made a mistake bn your bill, you will not havp to pey any finance charges relatsd to any quEStianed smount. ~
It we did not make a mistak~ you may have to pay finence charges, end you will hav6 to rltake up any missed payments on the quest+or~
amount. In either case, we will send you a statement of the amount you owe anci the date that it is due. `a, Q~
If you fail to pay the smount that we think you owe, we m~y roport yau as delinquent. Hov+rever, it aur explaneti0n does ~ '
setisfy yov and you write to us within te~ days tetling us thet you ~till refuse to pay, we must tefl snyone wo repon you to th$t _
have a queztion about your bill. And, we must te~l you the name of enyone we repo~led you ta We must tell enyone we report y~
to that the mstter has been sett~ed between us when it fin~lly is. ~
if wa do not tollow these rufes, we csnnot c4118ot th9 tirst 550.00 of the questioned amCunt, even if your bUl wes Cott~ ~
1 1 Ib for Cradit Cerd iaurcha s ~
~peC 0 Ru 6a . C~_ ~
(f you hsve a problem with the quality of property or services that you purChasBd with e credit card, and you heve tried k? gb6d
fa?th ta correct th~ probiem with tho n~erchant, you mey have the riBht not co pay che remainir~g amount due on the property or servi~
Thore are tW0 limitetions c~n this righi: ~
(a) Ypu mu6t have mede the purcha~~ in yqur• hOrr~e etete, or, if not within your homd Statd, wlthin 100 miles oi y~our currertt
maifing address; and • ' ~ ~ ;
(b? The purchese price must have been more than 550.00. !
' These limitations do not apply if we own or operate the merchant, or it we mailed you the edvertisement fo? thg prop9tty w aervices. '
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