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Home My WebLink About0984 12. Munthly Statemenu. A stutuinunt w+ll iw runil+~rud n.~ch nionth yaur M:c~~unt has a N~w (3alt~nco ot ~ctivity. roilaclin4), amon{~ other itoms, Financc~ Chargo, ~lhor Chnr~es (idQnlifi0d by rype1, CrQdit Availablu and the amount payablc~ by you on lho Payment Due Date. Each statement will,~e considorc~d as correct and acceptablo by you unlQSS you notity the 8ank of errors w+thin sixry (60) day.s atter it was mAiled. " 13. Stopping Paymonts. The B~nk's rulQS (or stopping payn~ent on ordinary ch~cks apply to stoppinc~ payment on Account Checks. 14. P~operty Insurance. You undcrstand that Property Insurance must be obtained in connection with your Account, and, because it is not available throu~h the Bank, you may obtain such insurance ihrough a~y person of your choice acceptable to the Bank. 7he Property Insurance shall provide for such cove~age as is desc~ibed in tho Mortgape and shall bo in an amount sufticient to pay the tull amount due on previously existing encumbrances, mortgages or liens on tha real property, including property taxes and the full . amount of your Credit LinQ on the Account. • 15. Notification. You shall immediately deliver written notice to tho Bank of any change in your financial condition, of any change in your residence address, of a~y loss ur thett of your Account checks, or of any unauthorized use of yout Account. ; 16. Termination and Default. The Bank may at any time, with or without written notice to you, terminote its comrnitment to ~ make further Laan AdVances except witf~ respect to Account checks paid by us prior to such terminatian. If you detault in the perfor- ~ mance oi any obtigations ~o the Bank, or if you fail to meke a payment required hereunder on time, or it you fail to make a payment ; when due on any other debt you owe to the Bank, or you make any false or misleading statement on your application, or in the event ? the 8ank deems itself insecure, or in the evont of your death, or if you become involved in a bankruptcy or insolvency proceeding, the ~ Banlc's commitment to make further Loan Advances shall immediately terminate, and the Bank may at any time thereafter, without notice ~ or demand, declare all of your obligations hereunde~ to be due and payable immediately. Upon your termination you shall deliver to ~ the Bank all unused Account checks. In the ovent that you should fail to deliver to the Bank all unused Account checks, you understand and agree that the Bank may ratain the collateral securing your Account until all of your Account checks have been presented for pay- ~ ment or returned to the Bank and until all amounts due and owing the Bank hereunder have been paid. Should any Account checks be presented ior payment to the Bank aiter termination, the amount thereof may be charged to your aggregate unpaid principal balance in your terminated Account. You promise to pay alt costs of coltection, including ~easonable atromeys' fees, incurred by the Bank in ~ enforcing your obligations hereunder after default. 3 17. Agreement Not Asslgnable; Joint Liability. Tlie Bank's commitment to make loans will be to you exclusively and is not ~ assignable by you. If there is more than one person named on the Account, each joins herein anci agrees that the terms of this Agreement, ~ and any obligations hereunder shall be joint and several including Account checks signed by you or any other person named on the ~ Account. Each such person hereby appoints the other as attorney-in-fact with the power to sign or endorse for each other Account ; checks used pursuant to this Agreement, which appaintment cannot be ravoked as long as this Agreement remains in effect. Notice ~ to any~person narned on the Account shall be sufficient to constitute notice to afl persons named on the Account, and any notice is s effective at the time it is deposited in the United States Mail addressed to any address shown on the Account or to any other address ~ furnished in writing to the Bank by you or any other person named on the Account. ~ ~ 18. AmendmAnts. You understand and agree that the terms and conditioi~s of this Ac~ount Agreement as provided herein may € be changed by the Bank from time to time. The Bank may, for example, increase the interest rate or change the index upon which tha i interest rate is based which increase or change may apply to your entire New 8alance. Should the 8ank elect to make changes, tha Bank witl give you at least 21 days' prior notice to the last address you have given the Bank, howeve~, you understand this does not ,~pply to portions of this Ayreement specitically stating no prior notice is required. YOD UNDERSTAND 7HAT BY NEGOTIATING AN ACCOUNT CHECK YHAT YOU THEREBY AGREE TO THE TERMS AND CQNDITtONS ! OF THIS ACCOUNT AGREEMENT AS THOSE TERMS AND CONDITIONS ARE IN EFFECT OfV THE DATE YOUR ACCOUlVT CNECK POSTS TO YOUR ACCOUNT. ~ace _ Ivovember lQ, 1986 Cred~t l.ine S 15,000.00 ~ . i : ? ; 1. ) •G ~ .l~ ~.f'7 Z. Account holder Billie Sue Abrahamson Account holder ~ ~ YOUR BILLING RiGNTS KEEP TNIS NOTICE FOR FUTURE USE This notice contains important information about your rights and our responsibilities under the Fair Credit Bifling Act. ~ : Notify Us In Case of Errors or Questions About Your Bill ; If you think your bill is wrong, or if you need more information about a transaction on your bill, write us on a separate sheet at the address below. ~ ' . SunLine Equity Account ~ P. O. Box 2321 ~ Orlando, Florida 32802-2321 ~ Write to «s as soon as possible. V'Je must hear from you no later than 60 days after we sent yau the first bill on which the error ;i or problem appeared. You can telephone us, but doing so will not preserve your rights. ;s In your letter, give us the following information: • Your name and account number. ~ • The doNar amount of ihe suspecied error_ ~ ~ Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you ~ are not sure about. If you ha~e authorized us to pay your bill automatically from your savings or checking accoi~nt, you can stop the payment on ~ any aniount you think is wrong. To stop the payment your letter must reach us three business days before the automatic payment is scheduled to occur. Yaur Rights and Our Responsibilities After We Receiva Your Written Notice ~IVe must acknowtedge your leiter within 30 days, unless we have corrected the error by then. Within 90 days, we must either ~ correct the error or explain why we believe the bill is correct. ~ After we r~ceive your letter, we cannot try to collect any amount you question, or repori you as delin~uent. We can continue to bill you for the amount you question, including finance charges, and we can appty any unpaid amount against your Credit limit. You do not have t~ pay any questioned amount white we are investigatinn, but you are still obligated to pay the parts of your bill that are ~ not in question. ~jl If we find that we made a mistake on your bill, you will not have to pay any finance charges related to any quest+oned amount. ~v If we did not make a mistake, you may t~ave to pay finance charges, and you will have to make up any missed payments on the quest+oned , amount. In either case, we will send you a statement of the amount you owe and ihe date that it is due. c~' If you fail to pay the amount that we think you owe, we may repori you as dofinquen2. Hovsrever, if our explanation does not ~ satisfy you and you write to us within ten days telling us that you still retuse to pay, we must tell anyone we report you to that y~}rj have a question about your bill. And, we must tell you the name of anyone we reported you to. We must tell anyone we report y~ to that the matter has been settled between us when it finally is. If we do not follow these rules, we cannot collect the first S 50.00 of the quest+oned amouni, even if your bill ~vas correc~. I.s_~ Speciat Rule for Credit Gard Purchases O q If you have a problem with the quality o( property or services that you purchased with a credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remain+ng amount due on the property or servi~. There are two limitations on ttiis ri~ht: C~! (a1 You must have made the purchase in your home state, or, if not within your home state, within 100 miles of your c~~t maiting address; and O t _ U ~J (bl The purchase price must have been more than $ 50.00. ~ f These limitations do not app~y if wre own or operate the merchant, or if we mai~ed you the advertissment for the property or services. ~r ~