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Home My WebLink About1450 aui~~i~ 186-0246477 F~t f-ri~ r~~t n~~«~~~: sur~t ir~~ fc~uit~ n~ ; ' liilliam Bili"1_ii{C ANDUISi'it)SUi;E :~i~~TC?.S~ t~1 Account Names Be[ty Ann Blazak PLEASE REVIEW TFi1S AGREEMENT CAREFULIV. ~~ARAGRAPHS 10, 21. 23, DISCLOSE CONDITIONS WMICH PERMIT SUNBANK TO TERMINATE YOUN ACCOUNT, SUSPEND OR REOUCE YOUR CREDIT L1MIT Osi IMPLEMENT MODIFlCATIONS TO THE 1ERMS. ~+U N 1 N LY C~RR E SPONUi NG ~'ERiOD~C ANMUAI RaTE THIS 1. O4 L ~ rERCENTA6E j Z. SO ~~ONTH - % RATE ~ The~ord~'yo~,~nci "your' m~n eaoh ers n whD ig nemed on jhe SunLine Equity Account ("Account'). The words `Bank` or "we- ~~ean un an ireasure oas[,I~at~onal ASSOC1at10II lhBSunf3ank~ssumgtheACCOUn1. In consideration ol the issuance to you of the Account issued by the Bank you hereby agree ro the benefit ol tha Bank as follows 1 Loen Advances. You may obtain one or more loans or loan advar?Ces ('loan Advance ot Loan Advances") trom Ihe Bank trom time to t~me. tl~e aggregate unpaid Account t~alance of which shall not exceed your Credit Line established by the Bank, by cashing Account checks of not less than 5,304.00 wh~ch Account checks v+nll be issued to you by the Bank. Each Account check so cashed by you will be retained by ;he Bank to substantiate the loan or loans. 2 Credit Llne. You understand that each Loan Advance to you pursuant to this Ag;eement wnl! be charyed to your Accounl The Bank v.~ll estabhsh the amount ol your Credit Line upon approval of your application, and your Credit Line, as may be changed from time to time as provided beiow, will be shown nn ycur R~onthly statement. The Bank shalt have no obligation to make any Loan Advance hereunder ~t making such Laan Advance would result in yo~r Account ba~ance ~xceeding your Credit Line. 3 Ag~ee To Pay. You agree to pay the Bank the principal amount ot all loan Advances plus interest and all other amounts and charges as provided in this Agreement at the time, place and manner specfied by the Bank on your monthly statement. 4 Interest Rate. Interest on the Frincipal amount ot all Loan Advances (in the forrt? of a Finance Charge) shall be at a"variable" rate as set forth below. The ma~cimum intetest rale wil! not exCeed 1896. i 5. Impoaftlon Oi Ftnance Charga. A Finance Charge vrill be imposed on Loan Advance transactions hom the date the transaCtion is posted to your Acccunt .:i ~..i~ ~ ~ T?~~., f: r~n ~fi~:n u.1.~.~F. fn n fn ~ in n~o (~h~r n Iln a isr Ihg mn un„ payrne~ is recen~! by tha 8a:,k arzd ~s ed to ,~u: /lccau.. . ~..^r ..r.~ r„^~ r. . ..a; , v~J a F...3.. ._.g.,. w_v_., _ re that you pay, and the sooner you pay, the less vour Finance Charga will be. N you pay the New Balance appearing on your last statement in full, the Finance Cr,arges wh~ch accrued from the statement date until the posting date oi ycxx paymeM vviil appear on your next monthly stalement. 6 Balance Upon Which A Flnance Charge Will Be Imposed. We figure the Finance Charge on your Account by applying the Momhly Pen;~d~c ~ate to the a~: erage daily balance' ot your Account which i~cludes current transaclions. To get the 'average daily balance", we take the beginninq batance ynur Accouni , h day, add any new Loa~ Advances and subtr;~ct any payments, credts, unpaid Finance Charyes and un~~;~ici Oth~r Chi~q~~t 11 e~~, u-. ~ '~.~n ~ve add up all the daily balances for the b~!Inty cycle and drvide the total by the total number ot days m tt,e b~lfin~ cy~~l~ IF~~ !,~!~nce" . ~ 7 Amount Ot Finance Charge. The F~nance Charge w~ll be the 'average dady balance' of Loan Advances ~nu~u,^,i~«d hy a v;~~ ~i: ia ~ ' ! r i The ANNUAL PERCENTAGE RATE is equal to The Wal! Street Journa! Prime Rate plus 2%. E ! ~ f Tre minimum Monthly Periodic Rate shall not be less than .667% (corresponding ANNUAL PERCENTAGE RATE is 8 0). The Wa~l Street Journal Pnme Rate is ; an mdex which is detined as the highest prime rate pub6shed in The Wall Street Journal 'Money Rates" table. The Monthly Penod~c Rate and c~rrespond~ng ' ANNUAL PERCENTAGE RATE tw the Billing Cycle are determined by re(erence to The Wall Street Journal Prime Rate in efiect on the last busmess day of the :nonth immediately preceding the first day of ttie Billing Cycle and will change without notice by reference to The Wal! Strest Journal Prime Rate m etfect on the last ~ t~us+ness day ot each month. The Monthly Periodic Rate is determined by dividing 12 into the ANNUAL PERCENTAGE RATE. ~ 8 Drew Perlod. You may abtain loan Advances tat frve (5) years (the 'draw period'). During the draw period payments will be monthly as provided in ~ paragraph 14. A! the election ot the Bank the draw period may be renewed tor up to five (5) additional five (5) year periods. The Renewats shall occur automatically w;thout notice and shalt be presumed unless you receive notice of the Bank's electan not to renew. If the draw period ends without renewal. you w~ll no lor~ger be ~ able to obtain Loan Advances. H the draw period is not tene~Ned by the Bank, then the Bank may elect to demand payment in full ('E3alloon Payment") or it may ~ e'ect to albw you to pay the outstanding balance aver time. In any event, your Account shall be payable in fufl no later than thirty (30) years Irom the date ot ~ execution oi this Agreement or on Januarv 17 th , 2020 (•l~Aaturiry Date'). € ~ r 9 Other Charges. The ANNUAL PERCENTAGE RATE dces not include cosls other than interes± The ANNUAL PERCENTAGE RATE is a:~~ r~!r ~ ~,!erest hom which the FinanCe Char e is Com uteci. In addition to the Finance Char e, the Bank will also char the foliowin amounts Qther ri„re s ~ r~ ur ~ 9 P 9 9e 9 1` y'' ~ t~ccounk ~ € ~ A A late payment charge not to ezceed 596 oi any minimum payment m detault far a period in excess oi T en (10) days: 6 A non-sufficient credit charge of ~20.00 if you write an Account check in excess ot your availabte cred~t and the Bank imds ~t recessary te re;u~n U~e ~ccount ChBCk; C A returned check charge of 520.00 on any check, draft, or order v?hich you submit as payme~t on your Acceunt and which ~s re!urned tc us as i~npa~d, D A stop payment Charge oi 515.00 for placing a stop payment ader on an Account check; t E A docume~tatron or research charge tor locating, copying and furnishing at your request, Account checks, stateme~ts or other ev~dence o( Lnan Advances p a credits to your Accouni in an amount not to exceed the followinp: 55.00 per check copy, 52.00 per statement copy, and S 12 00 per hour oi research time; a ~ F. A premium lor credrt life/disabi6ry in;urance i( you have purchased ihe optional credd insurance. F ~~~K675 PA~E~.450 r ~ . _ a~_.~rvv~~~:~