Unassociated Document


    Exhibit
10.4

     

    
      ------------------------------------------------DISCLOSURE
AGREEMENT --------------------------------------------

       

    

    
      WECOSIGNTM

      1-877-556-6807

       

      GENERAL TERMS

       

      The
undersigned hereby agrees to the following terms and conditions. The below
signed (tenants or tenant) to this agreement jointly and severally agree not to
attempt to defraud ̧ circumvent this process ̧ or engage in” theft of services” in
conjunction with any owner ̧ landlord ̧ or corporation in regard to the services
provided by WECOSIGN Inc. The applicants agrees to provide honest and truthful
background information throughout the process of this application and further
certifies that they are the person or persons represented in or on this
application. This application if approved is not a loan, extension of credit, or
cash advance. WECOSIGN does not make loans, or cash advances. WECOSIGN simply
provides a “cosigning service” to the client for a monthly fee. WECOSIGN
operates independent of any and all apartment complexes or private rental home
units. Should questions arise during this approval or application process, feel
free to bring it to our attention. The terms “I” as used in the following
paragraphs or statements apply to “we” as in co-applicant, applicants. The term
“My” applies ALSO to the term “WE” and “Our” as if the same terminology were
used.

       

      THIS
IS NOT AN INSURANCE POLICY,

      PLEASE
READ THE FOLLOWING TERMS AND CONDITIONS

       

      PURPOSE

       

      I
understand that WECOSIGN Inc is engaged only in the business of providing
GUARANTOR AND OR COSIGNING SERVICES) for tenants that otherwise would be
excluded from rental properties due to an inferior credit standing. The
applicant understands that this is not an insurance policy to pay my rent due to
any interruption of my income. I /we understand that if the monthly rent is not
paid by me or my coapplicant or roommate in a timely fashion to the landlord on
the date due, I/we will be evicted by the owner / landlord.  If I am
evicted for non-payment of rent, WECOSIGN will then be required to pay the
unpaid portion of the rent as your cosigner, at which time WECOSIGN will then
pursue you through the court system to collect the
unpaid portion that was paid on my behalf to the landlord as a result of my
original and or for the remaining term of the
lease that I signed.

       

      MONTHLY FEES  PAYABLE TO
WECOSIGN

       

      If the
application is approved, I agree to pay WECOSIGN Inc.  it’s ̧
affiliates  ̧ successors or assigns a fee of 10% of my monthly rent ; plus Twenty
Dollars ̧ each and every month commencing on the signature date of my lease ̧ and
continuing thereafter for a period of 12 months as a monthly service fee for the
act of cosigning on (my our) rental lease. This fee is exclusive of my monthly
rent, and is paid directly to WECOSIGN Inc.

       

      CANCELLATION PENALTY

       

      I
understand that in the event that WECOSIGN Inc agrees to provide ̧ and or
provides cosigning services and that a landlord agrees to provide a lease to me
and these services are cancelled by (me) ̧ in less than 15 days ̧ I agree to
immediately pay a one-time cancellation charge of $350.00 to WECOSIGN Inc. Such
fee may be billed to (my/our) credit card on file.

       

      All
cancellations must be received in writing within 15 days prior to any
cancellation of a proposed lease ̧ and notices
shall be sent in writing by the applicant (c) To your prospective landlord (d)
To WECOSIGN Inc. If said notices are sent timely ̧ no cancellation fees shall be
due.

       

      I  further
certify that (I we) have read, and fully understand  and agree to the
WECOSIGN tenant booklet serial number 2536.(available on its web site) entitled
”Tenant Agreement” located at http:/wecosign.com/companyliterature.htm

       

      
        
           

        

        
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      AGREEMENT
TO PROVIDE CREDIT CARD OR CHECKING ACCOUNT

      INFORMATION
FOR MONTHLY BILLING

       

      I further
agree to provide WECOSIGN Inc. a monthly billing instrument in advance ̧ such as
(my/our) credit card ̧ savings account ̧ checking account ̧ or any financial
instrument suitable and capable of an “automatic monthly draft” payable to
WECOSIGN Inc that shall WITHSTAND at least the monthly FEES (CALCULATED BY THE
10% PLUS $ 20.00 RULE) that WILL BE automatically charged on the 1st day of each
and every month ̧ AND PRORATED FOR HALF MONTHS for AND TO the benefit of WECOSIGN
Inc. I also agree that WECOSIGN may charge any financial instrument or credit
card in its possession for monthly fees due, as a result of a (default in any
monthly payment) whether the card is specifically assigned for this purpose or
not.

       

      DEFAULT

       

      Should I
default in the performance of any of the PAYMENT terms of this agreement or any
instrument that I have provided to WECOSIGN  becomes uncollectable
SUCH as an N.S.F. item or chargeback after commencement of (my /our) lease ̧
WECOSIGN Inc shall have the sole option of declaring this agreement in default
and shall be afforded all of the rights and remedies as stated in the tenant
agreement located at www.wecosign.com/literature.html. Nothing in this agreement
prevents any assignment of this note to third parties for collection in the
event of a default.

       

      NOTICE:

       

      IDENTITY THEFT AND PROVIDING A FALSE SOCIAL SECURITY
NUMBER ̧ ARE CONSIDERED CRIMES AND SHALL BE REPORTED AS SUCH TO THE LOCAL
AUTHORITIES. THEFT OF SERVICES ̧ FRAUD ̧ AND ECONOMIC CRIMES ARE A FELONY IN MOST
STATES ̧ AND SHALL BE REPORTED BY WECOSIGN Inc WHEN AND AS UN-COVERED TO THE
LOCAL AUTHORITIES.  THIS AGREEMENT SETS FORTH THE RULES OF CONDUCT FOR
APPLICANTS OF WECOSIGN Inc. AND DOES NOT offer a GUARANTEE ̧ OR APPROVAL for ANY
PARTICULIAR applicant or tenant.  ALL such guarantees are subject to
final approval of the risk manager.

       

       

       

       

       

      
        
           

        

        
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      Ihereby agree to the above
payment terms and conditions in exchange for accepting WECOSIGN Inc as a
cosigner (on our my) lease. This agreement shall automatically incorporate all
of the terms and conditions stated in the WECOSIGN tenant agreement (serial
number 2536) as if the same were fully set forth herein.I certify that I have read
and fully understand these terms

       

       

      Dated_________________________________Signed_________________________________________

       

      Dated_________________________________Print
Name_____________________________________

       

       

       

       

       

      COPYRIGHT
WECOSIGN 2008 ̧ ALL RIGHTS ARE RESERVED

    

    
       

      


      


      


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