THE GRANTING OF THIS SECURITY INTEREST IS A CONDITION FOR
THE ISSUANCE OF CREDIT UNDER THIS AGREEMENT.
YOU SPECIFICALLY GRANT US A CONSENSUAL SECURITYINTEREST IN ALL INDIVIDUAL AND JOINT ACCOUNTS YOU HAVEWITH US NOW AND IN THE FUTURE TO SECURE REPAYMENT OFCREDIT EXTENDED UNDER THIS AGREEMENT. YOU ALSO AGREETHAT WE HAVE SIMILAR STATUTORY LIEN RIGHTS UNDER STATEAND/OR FEDERAL LAW. IF YOU ARE IN DEFAULT, WE CAN APPLYYOUR SHARES TO THE AMOUNT YOU OWE.Shares and deposits in an Individual Retirement Account or any otheraccount that would lose special tax treatment under state or federal law ifgiven are not subject to this security interest.If you have other loans with us, collateral securing such loans will alsosecure your obligations under this Agreement, unless that other collateralis your principal residence or non-purchase money household goods.CREDIT CARD AGREEMENT
Joint Accounts. Each of you will be responsible, jointly and severally, for therepayment of amounts owed, regardless of who initiated any transaction under theaccount.Others Using Your Account. If you allow anyone else to use your account, you willbe liable for all credit extended to such persons. You promise to pay for all purchasesand advances made by anyone you authorize to use your account, whether or notyou notify us that he or she will be using it. If someone else is authorized to use youraccount and you want to end that person's privilege, you must notify us in writing, andif he or she has a Card, you must return that Card with your written notice for it to beeffective.Ownership of Card. Your Card remains our property and may be cancelled by us atany time without notice. We may reduce your credit limit at any time without furthernotice to you unless required by law. You agree to surrender your Card and todiscontinue use of the account immediately upon our request.Releasing Person from Account Liability. We may release a Joint Account owner, authorized user, or other user from liability at any time and in our sole discretion. Weare not bound by any terms of a divorce decree including those that allocate liabilityfor the Account between ex-spouses.Electronic Communications. You authorize Us to contact You using any wireless,cellular, mobile or other telephone number You have provided to Us on Yourmembership application, and at any wireless, cellular, mobile or other telephonenumber You may furnish to Us or We may obtain for You in the future. We maycontact You using any electronic means We choose, which may include but is notlimited to, voice messages, text messages and other similar electronic methods ofcommunication. If you have furnished Us with any e-mail address(es), youunderstand and agree that We may send You e-mail messages regarding YourAccount(s) with Us from time to time. If you have or subsequently enter into anyseparate consent to receive electronic documentation form, any communicationscovered by such disclosure and consent shall be subject to the terms and conditionsset forth in that disclosure and consent.You understand that the nature of electronic communications is such that anyonewith access to Your wireless, cellular, mobile or other telephonic device or e-mail maybe able to read or listen to such transactional or relationship messages from Us, andYou agree that any person or party sending or leaving such messages shall have noliability for any consequences resulting from the interception of such messages byany other party. Without limitation, You also agree that You are responsible to pay allcosts that You may incur as a result of any contact method We choose including, butnot limited to, charges for telecommunications, wireless and/or Internet charges.Interest Charges. You agree to pay interest at the rate(s) disclosed to you at thetime you open your account and as may be changed from time to time in accordancewith applicable law.Average Daily Balance including new transactions :I n t e r e s t Charges will accrue on your average daily balance outstanding during the month. Toget the average daily balance, we take the beginning balance each day, add anynew purchases, cash advances, balance transfers or other advances, and subtractany payments, unpaid interest charges, and unpaid late charges. This gives us thedaily balance. Then, we add up all the daily balances for the billing cycle and dividethat by the number of days in the billing cycle. We then multiply that by the periodicrate corresponding to the Annual Percentage Rate on your account. If you havedifferent rates for purchases, cash advances or balance transfers, separate averagedaily balances for each will be calculated and the appropriate periodic rate is thenapplied to each.Grace Period on Purchases and Balance Transfers Only:  You can avoid Interest Charges on purchases and balance transfers by paying the full amount of the newbalance for purchases and balance transfers each month by the date on which thepayment is due. Otherwise, the new balance of your account, and subsequentadvances from the date they are posted to the account, will be subject to an InterestCharge. You cannot avoid Interest Charges on cash advances; even if you pay theentire cash advance balance by the payment due date, you will incur the InterestCharges accrued from the date the cash advance is posted to your account.Fees. In addition to the Interest Charges set forth above, you agree to also pay anyand all fees that you incur as disclosed to you on your Truth-in-Lending DisclosureStatement or similar disclosures (as may be amended from time to time), or asdisclosed to you during the term of your Card.If Your Card is Lost or Stolen or if an Unauthorized Use Occurs.  You agree to notify us immediately if your Card is ever lost or stolen or if an unauthorized use mayhave occurred. "Unauthorized use" means the use of the Card by someone otherthan you who does not have actual, implied or apparent authority for such use, andfrom which you receive no benefit. The telephone number to call is (800) 252-8311.You agree to follow up your call with notice in writing to us at: PO Box 9350, Austin,TX 78766. You also agree to assist us in determining the facts, circumstances andother pertinent information relating to any loss, theft or possible unauthorized use ofIN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CA RD ISSUED TO YOU OR THOSE DESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS UNIVERSITY FEDERAL CREDIT U NION OR ITS SUCCESSORS. BY USING YOUR CARD, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
page 1 of 3Using Your Card. You can purchase or lease goods and services from anymerchant who honors your Card, and you may obtain cash advances from financialinstitutions and ATM machines that accept the Card, up to 25% of your credit limit.You agree not to present your Card or obtain a cash advance for any extension ofcredit in excess of your available credit limit; however, if you do exceed your creditlimit, you agree to make immediate payment sufficient to bring the balance below thecredit limit. Certain purchases and cash advances require authorization prior tocompletion of the transaction. In some cases, you may be asked to provideidentification. If our system is not working, we may not be able to authorize atransaction, even though you have sufficient credit available. Also, for securityreasons, we may block the use of your Card in certain countries or geographic areas,or if we suspect fraud. We will have no liability to you or others if any of these eventsoccur.Account Updating Service. The credit card payment processing network (e.g.,Visa) in which we participate has an account updating service in which your cardmay be enrolled. When your card(s) expire, are lost or stolen and new cards areissued, the service may update your card data such as card numbers and expirationdates to the processing network�s database. Participating merchants to whom youhave authorized recurring payments may access this database in an attempt tofacilitate uninterrupted processing of your recurring charges. Updates are notguaranteed to be made before your next payment is due and not all merchantsparticipate in the service; it is your responsibility to make your payments untilrecurring payments can be resumed. This service may be provided as a free benefitto you. University Federal Credit Union has no responsibility for the accuracy ortimeliness of the account updating service or its database. If at any time you wish toopt-out of the account updating service or if you have any questions, please call(800) 252-8311 to do so.Personal Identification Number (PIN).  We may issue, or you may select a Personal Identification Number (PIN) for use with your Card. This PIN is confidentialand should not be disclosed to anyone. You may use your PIN and your Card toaccess your account, and all sums advanced will be added to your account balance.In the event a use of your PIN constitutes an Electronic Funds Transfer, the termsand conditions of your Electronic Funds Transfer Agreement may affect your rights.Promise To Pay. You promise to pay us in U.S. dollars for (a) all purchases, cashadvances, and balance transfers made by you or anyone whom you authorize to usethe Card; (b) all Interest Charges and all other charges or fees; and (c) credit inexcess of your credit limit that we may extend to you. If the Wisconsin Consumer Actdoes not apply to your Card, the following applies: If you do not make any payment
on your card when it is due, you promise to pay all reasonable collection costs,including attorney fees, court costs, and other fees. If the Wisconsin Consumer Act
applies to this Card, the following applies: If you default on your Card and if you fail to
cure that default, you promise to pay us any reasonable default charges specificallyauthorized by the Wisconsin Consumer Act, and any other costs or expenses ofcollection allowed by a court of competent jurisdiction.Illegal Transactions. You agree that your Card and account will not be used to makeor facilitate any illegal transactions as determined by applicable law; and that anysuch use will constitute an event of default under this Agreement. We may declineany transaction that we believe to be illegal under applicable law, including but notlimited to any transaction involving or relating to any gambling activity. You agree thatwe will have no liability or responsibility for any such use by you or any authorizeduser(s); or for declining any such transaction. You further agree to indemnify and holdus harmless from any suits, liability, damages or adverse action of any kind thatresults directly or indirectly from such illegal use. You promise to pay us any and allamounts owing on your Card for any transactions made by you, even if thetransaction is determined to be illegal.
9011 LASER FPDF FI19608 Rev 10-2018 COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.University Federal Credit UnionPO BOX 9350, Austin, Texas 78766512-467-8080 or 800-252-8311www.ufcu.org
 IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CA RD ISSUED TO YOU OR THOSE DESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS UNIVERSITY FEDERAL CREDIT U NION OR ITS SUCCESSORS. BY USING YOUR CARD, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
your Card and comply with such procedures as we may require in connection withour investigation. You will be liable for any unauthorized use only if we can provethat you were grossly negligent in your use or handling of your Card, or if we canprove that you used your Card fraudulently.Minimum Payment Calculation. 2.5% of the outstanding balance subject to aminimum of $10.00. Plus any amount past due and any amount by which Youhave exceeded Your applicable credit limit. It your total New Balance is less than$10.00 , then Your Minimum Payment Due is the amount of the total New Balance.Minimum Payment Due; Crediting of Payments. Payments are due in the amount and on the date disclosed on your billing statement. If your payment isreceived by us on a business day at the address and by the date designated onthe billing statement, it will be credited to your account on the date of receipt. Ifpayment is made at any location other than the address designated on theperiodic statement, credit for such payment may be delayed up to five (5) days.Payments will be applied in any order we determine, subject to applicable law.Default; Acceleration; Credit Suspension; Collection Costs.  The following
provision applies to borrowers in Idaho, Kansas, and Maine: You will be in default
if (1) you do not make a payment of the required amount when due; or (2) webelieve the prospect of payment, performance, or realization on any property givenas security is significantly impaired.Wisconsin Consumer Act: If the Wisconsin Consumer Act applies to your Card,
you will be in default if any of the following occur: (a) You fail to make a paymentwhen due on two (2) occasions within any 12-month period; OR (b) You breachany term or condition of this Card, which breach materially impairs your ability topay amounts when due or materially impairs the condition, value, or protection ofyour rights to or in any collateral securing this transaction.Right to Cure Default: If the Wisconsin Consumer Act applies and if you are in
default under this Card, we must give a notice of default to you pursuant toWisconsin Statutes sec. 425.104 and 425.105. You shall have fifteen (15)calendar days from the date the notice is mailed to you to cure the default. In theevent of an uncured default, we shall have all the rights and remedies for defaultprovided under the Wisconsin Consumer Act, Uniform Commercial Code, or otherapplicable law, including, but not limited to, the right to repossess any collateral.No Right to Cure: Pursuant to Wis. Stat. Sec. 425.105(3), you shall not have the
right to cure a default if the following occur twice during the preceding twelvemonths: (a) You were in default on the Line; (b) we gave you notice of the right tocure such previous default in accordance with Wis.Stat. Sec. 425.104; and (c) Youcured the previous default.The following applies to all other cardholders: you will be in default if: (1) you fail to
make any payment on time; (2) if you fail to keep any promises you have madeunder this Agreement or under other Agreements you have with us; (3) if you die;(4) if you file a petition in bankruptcy or have a bankruptcy petition filed againstyou, or if you become involved in any insolvency, receivership or custodialproceeding; (5) if anyone attempts to take any of your funds held by us via legalprocess or if you have a judgment or tax lien filed against you; (6) if you make anyfalse, inaccurate, or misleading statements in any credit application or creditupdate; or (7) if we, in good faith, believe that your ability to repay what you owe isor soon will be impaired, or that you are unwilling to make your payments.If you are in default, we have the right to demand immediate payment of your fullaccount balance without giving you notice. If immediate payment is demanded,you agree to continue paying interest charges and fees until what you owe hasbeen paid, and any shares that were given as security for your account may beapplied towards what you owe. You agree to pay all reasonable costs of collection,including court costs and attorney's fees, and any costs incurred in the recovery ofthe Card, subject to applicable law. Even if your unpaid balance is less than yourcredit limit, you will have no credit available during any time that any aspect of youraccount is in default.Suspension of electronic services and access to share or deposit accounts.Subject to applicable law, we may suspend some or all electronic services andaccess to your checking or other account(s) if you become delinquent on any ofyour credit card or deposit obligations to us or you cause a loss to us. We shall notbe liable to you in any regard in connection with such suspension of services.Additional Benefits/Card Enhancements . We may from time to time offer additional services to your Account at no additional cost to you. You understandthat we are not obligated to offer such services and may withdraw or change themat any time.Convenience Checks. We may, at our discretion, issue checks to you which maybe used for any purpose other than making a payment for credit to your account.By signing such check, you authorize us to pay the item for the amount indicatedand post such amount as a cash advance to your account. We do not have to payany item which would cause the outstanding balance in your account to exceedyour credit limit.Credit Information. We may from time to time request personal information fromyou or obtain credit reports from the credit reporting agencies for the purpose ofupdating your credit status. Your failure to provide such information whenrequested by us may result in suspension of credit privileges under thisAgreement, including your ability to obtain any future advances by any means.You authorize us to investigate your credit standing when opening or reviewingyour account. You authorize us to disclose information regarding your account tocredit bureau and creditors who inquire about your credit standing.Foreign Transactions; Currency Conversion.  Purchases and cash advances made in foreign currencies will be billed to you in U.S. dollars. The conversionrate in dollars will be a rate selected by the card company from a range of ratesavailable in wholesale currency markets for the applicable central processingdate, which rate may vary from the rate the card company itself receives, or thegovernment-mandated rate in effect for the applicable central processing date ineach instance. All transactions processed outside of the United States (whichmay include internet transactions) will be charged a foreign transaction fee in theamount disclosed on your Truth-in-Lending Disclosure Statement (as amendedfrom time to time).Termination; Change-in-Terms. We may, by written notice, terminate thisAgreement at any time, subject to applicable law. You may terminate thisAgreement by written notice. Termination by either party shall not affect yourobligation to repay any balance on your account resulting from use of the Cardas well as Interest Charges and fees incurred. We may change the terms of thisAgreement, including the method of calculating the periodic rate, at any time, bywritten notice, subject to applicable law. Use of the Card constitutes agreementand acceptance of any change in terms, unless applicable law requiresotherwise. Our failure to exercise any of our rights or to take any action shall notconstitute a waiver of those rights, or an amendment or change in any of theterms of this Agreement.Late or Partial Payments. Any payment that delays the reduction of yourbalance will increase your total interest costs. Partial payments or prepaymentswill not delay your next scheduled payment - you will still need to make theminimum scheduled payment by the next scheduled due date to keep youraccount current. We may accept late payments, partial payments, checks ormoney orders marked "payment in full" and such action shall not constitute finalsettlement of your account or a waiver or forgiveness of any amounts owingunder this Agreement.Enforcement. We do not lose our rights under this or any related agreement ifwe delay enforcing them. If any provision of this or any related agreement isdetermined to be unenforceable or invalid, all other provisions remain in fullforce and effect.Returns and Adjustments. Merchants and others who honor the Card maygive credit for returns or adjustments, and they will do so by submitting a creditslip which will be posted to your account. If your credits and payments exceedwhat you owe us, the amount will be applied against future purchases and cashadvances. If the credit balance amount is $1 or more, it will be refunded uponyour written or verbal request.Merchant Disputes. We are not responsible for the refusal of any merchant orfinancial institution to honor your Card. Also, we are not responsible for goods orservices that you purchase with the Card unless: (a) your purchase was made inresponse to an advertisement we sent or participated in sending you; or (b) yourpurchase cost more than $50 and was made from a merchant in your state orwithin 100 miles of your home; and only if you have made a good faith attempt,but have been unable to obtain satisfaction from the merchant; or (c) yourpurchase has been paid in full. You must resolve all other disputes directly withthe merchant. We do not warrant any merchandise or services purchased byyou with the Card.Statements and Notices. Statements and notices will be mailed to you at themost recent postal address or e-mail address (if you have elected to receivesuch documents via electronic means) you have given us. Notice sent to anyone of you will be considered notice to all.
Notification of Address Change. You will notify us promptly if you change youraddress for any reason. In order to prevent identity theft, your identity may needto be verified before we act upon the notification.Copy Received. By your signature on the Loan Application, you acknowledgethat you have received a copy of this Agreement.Governing Law. This Agreement shall be construed under federal law and statelaw in the state of Texas, and the venue shall be located in Travis County, Texas.Operating regulations of Visa� may also apply. This Agreement is the contractthat applies to all transactions even though the sales, cash advance,convenience check, credit or other slips you sign or receive may containdifferent terms.NOTICE TO UTAH BORROWERS: This written agreement is a final expressionof the agreement between you and the Credit Union. This written agreementmay not be contradicted by evidence of any oral agreement.page 2 of 3 YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE
page 3 of 31.2.3.This notice tells you about your rights and our responsibilities under theFair Credit Billing Act.What To Do If You Find A Mistake On Your StatementIf you think there is an error on your statement, write to us at the address(es)listed on your statement.In your letter, give us the following information:
Within 60 days after the error appeared on your statement.At least 3 business days before an automated payment is scheduled, ifyou want to stop payment on the amount you think is wrong.��You must contact us:You must notify us of any potential errors in writing. You may call us, but if youdo, we are not required to investigate any potential errors and you may haveto pay the amount in question.What Will Happen After We Receive Your LetterWhen we receive your letter, we must do two things:Within 30 days of receiving your letter, we must tell you that we receivedyour letter. We will also tell you if we have already corrected the error.Within 90 days of receiving your letter, we must either correct the error orexplain to you why we believe the bill is correct.1.2.����We cannot try to collect the amount in question, or report you asdelinquent on that amount.The charge in question may remain on your statement, and we maycontinue to charge you interest on that amount.While you do not have to pay the amount in question, you areresponsible for the remainder of your balance.We can apply any unpaid amount against your credit limit. If all of the criteria above are met and you are still dissatisfied with thepurchase, contact us in writing at the address(es) listed on your statement.While we investigate, the same rules apply to the disputed amount asdiscussed above. After we finish our investigation, we will tell you ourdecision. At that point, if we think you owe an amount and you do not pay, wemay report you as delinquent.If you receive our explanation but still believe your bill is wrong, you must writeto us within 10 days telling us that you still refuse to pay. If you do so, wecannot report you as delinquent without also reporting that you arequestioning your bill. We must tell you the name of anyone to whom wereported you as delinquent, and we must let those organizations know whenthe matter has been settled between us.If we do not follow all of the rules above, you do not have to pay the first $50of the amount you question even if your bill is correct.Your Rights If You Are Dissatisfied With Your Credit Card PurchasesIf you are dissatisfied with the goods or services that you have purchasedwith your credit card, and you have tried in good faith to correct the problemwith the merchant, you may have the right not to pay the remaining amountdue on the purchase.To use this right, all of the following must be true:If we made a mistake: You will not have to pay the amount in question or anyinterest or other fees related to that amount.If we do not believe there was a mistake: You will have to pay the amount inquestion, along with applicable interest and fees. We will send you astatement of the amount you owe and the date payment is due. We may thenreport you as delinquent if you do not pay the amount we think you owe.��After we finish our investigation, one of two things will happen:
The purchase must have been made in your home state or within 100miles of your current mailing address, and the purchase price must havebeen more than $50. (Note: Neither of these are necessary if yourpurchase was based on an advertisement we mailed to you, or if we ownthe company that sold you the goods or services.)You must have used your credit card for the purchase. Purchases madewith cash advances from an ATM or with a check that accesses yourcredit card account do not qualify.You must not yet have fully paid for the purchase.1.2.3.While we investigate whether or not there has been an error:Your name and account number.The dollar amount of the suspected error.If you think there is an error on your bill, describe what you believe iswrong and why you believe it is a mistake.IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE MILITARY AND THEIR DEPENDENTS:
The Military Lending Act applies to this credit card account if at the time you establish the account you are an active member of the military or a dependent (as defined in the Military Lending Act, 10 U.S.C. 987 and implementing regulations). The following terms and conditions amend your credit card agreement and apply during any period(s) in which you are active military or a dependent under those definitions. They do not apply when you are not an active duty member of the military or a dependent:1.
NOTICE: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consum er credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual perce ntage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance  premiums or debt protection fees; fees for ancillary products sold in connection with the credit transaction; any application fee or participation fee unle ss they are bona fide and reasonable under the MLA.2. Advances will not be secured by a consensual lien on shares or deposits in any of your share or deposit accounts unless you s pecifically agree to establish a secured share or deposit account in connection with this credit card account (�Secured Account�). Only funds deposi ted into the Secured Account after the credit card is established will secure advances. Any cross-collateralization provision contained in your cred it or membership documents will not apply to the Secured Account or your other share or deposit accounts for this account.However, with regard to this credit card account, we still reserve our rights regarding statutory liens and administrative free ze under federal or state law. Any contract terms in your credit card, security, or membership agreements that contradict the above shall be inapplicable.3. Your credit card account is not subject to mandatory arbitration and therefore any reference to mandatory arbitration in conn ection with this credit card account does not apply.IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CA RD ISSUED TO YOU OR THOSE DESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS UNIVERSITY FEDERAL CREDIT U NION OR ITS SUCCESSORS. BY USING YOUR CARD, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
NOTICE FOR COSIGNERS IN ARIZONA:Marital Community Property Joinder:  If you are a married Arizona resident signing documents in connection with this loan as a cosigner, your signatureconfirms that this loan obligation is being incurred in the interest of your marriageor family and that you will promptly notify your spouse and cause your spouse toconsent to your and your spouses marital property being bound by your loanobligations in accordance with Ariz. Rev. Stat. � 25-214 or other applicable law.You agree that the lender may delay disbursing your loan until the lender hasreceived your spouses consent in a form reasonably acceptable to the lender. Youfurther affirm that no provision of any marital property agreement or court decreeadversely affects your or lenders interest in this loan obligation.NOTICES TO WISCONSIN BORROWERS: (1) If you are married and are extended individual credit, Wis. Stat. 766.56(3)(b) requires us to notify yourspouse of the extension of credit. If we receive written notice of termination fromyour spouse pursuant to Wis. Stat. Section 766.565(5), we may declare you indefault of the Plan and call the entire extension of credit due and payablenotwithstanding Wis. Stat. Sections 425.103 and 425.105. If the Plan is calleddue and payable, you may have certain rights to cure the default. (2) Additionally, no provision of a marital property agreement, a unilateralagreement under Wis. Stat. 766.59, or a court decree under Wis. Stat. 766.70adversely affects our interests unless prior to the time the credit is extended, weare furnished with a copy of the agreement or statement, or have actualknowledge of the adverse provision when the obligation is incurred.