ThepurposeoftheAgreementistoestablishthetermsandconditionsofyourcreditcardagreementwithMcCoyFederalCreditUnion.Inthisagreement,thewords"you"and"your"meananypersonreceivingandusingthecardandthatbyusingthecardforthefirsttime"you"agreetoalltermsandconditionsinthisagreement."Card"meansaMastercardorVISAcreditcardandanyduplicatesandrenewalstheCreditUnionissues."Account"meansyourMastercardorVISAcreditcardlineofcreditaccountwiththeCreditUnion."CreditUnion,""we,""us,"and"our"meanMcCoyFederalCreditUnion.YoumustbeamemberoftheCreditUniontoapplyforacreditcard. ExcepttotheextentthatFederalLawisapplicable,thevalidity,constructionandenforcementoftheAgreementandallmattersarisingoutoftheissuanceand use of the Card shall be governed by the laws of the State of Florida. USINGTHEACCOUNT/CREDITLIMIT:Uponyourapprovalforanaccount,theCreditUnionwillestablishalineofcreditforyou.Notificationofyourlimitwillbemadewhenthecardissenttoyou.Youagreenottoletyouraccountbalanceexceedyourapprovedcreditlimit.Anytransactionthatwouldresultin exceeding your credit limit will be declined.RESPONSIBILITY:YoupromisetopayanyandallchargesincurredbyyouoranypersonwhomyouauthorizetousetheCreditCardissuedtoyou,andanyfeesorchargesincurredintherecoveryofacreditcard,retrievaloftransactiondataorcollectionofthisaccountinaccordancewiththetermsandconditionsissuedbyMastercardand/orVISAInternational,Inc.,andinaccordance with the policies established by the Credit Union. Yourobligationtopaytheamountowedonyouraccountcontinuesuntilpaidinfulleventhoughanagreement,divorcedecreeorothercourtjudgementtowhichtheCreditUnionisnotapartymaydirectsomeoneelsetopaytheaccount balance. JOINTACCOUNT:Ifmorethanonepersonappliesforthecardeachisindividuallyresponsibleforallamountsowedontheaccountandarejointlyandseverallyresponsibleforallamountsowed.ThismeanstheCreditUnioncanenforcetheAgreementagainstanyofyouindividuallyorallofyoutogether.Eachmayobtaincreditadvanceswithouttheknowledgeoftheother and both are obligated to repay all advances made to the account. You agree to notify the Credit Union of any address change. USINGTHECARD:Youmayusethecardissuedtoyoutomakepurchasesinperson,andbymailortelephonefrommerchantsandotherswhoacceptMastercardand/orVISAcards.YoumayalsoobtaincashadvancesfromtheCreditUnion,fromotherfinancialinstitutionsparticipatingintheMastercardand/orVISAprogramandfromautomatedtellermachines(ATM's),thatprovideaccesstotheMastercardand/orVISAsystem.YourMastercard/VISAPersonalIdentificationNumber(PIN)isneededtoobtaincashadvancefroman ATM.FINANCECHARGES:ThemonthlyperiodicrateassessedonyouraccountisbasedonanAnnualPercentageRatecorrespondingtothetypeofcardaccountandyourBeaconcreditscore.YourAnnualPercentageRateisvariableandwillincreaseordecreaseifthePrimeRateaspublishedintheWallStreetJournal("Index")increasesordecreases.WefiguretheFinanceChargebyapplyingaperiodicrate,whichcorrespondstotheAnnualPercentageRate,totheAverageDailyBalance.TheAverageDailyBalanceisdeterminedasfollows:ForPurchases:The"AverageDailyBalance"forPurchasesisdeterminedbyaddingalltheoutstandingadvancebalancesandbilledbutunpaidfinancechargesforeachcalendardayofthebillingperiod,andthensubtractingallpayments,creditsandcashadvancesforthebillingperiodinwhichtheyweremade,andthendividingthetotalbythenumberofdaysinthatbillingperiod.ForCashAdvances:EachdailybalanceofCashAdvancesisdeterminedbyaddingtotheoutstandingunpaidbalanceofCashAdvancesatthebeginningofthebillingcycleanynewCashAdvancespostedtoyouraccount,andsubtractinganypaymentsasreceivedorcreditsaspostedtoyouraccount,butexcludinganyunpaidFinanceCharges.TheperiodicrateandcorrespondingAnnualPercentageRateforeachtypeofcardaccountisshownonyourAddendumtoOpen-endCreditPlan.GracePeriods:VISA:YoucanavoidfinancechargesonpurchasesbypayingthefullamountoftheNewBalanceofPurchaseseachmonthwithin25daysofyourstatementclosingdate("GracePeriod").Mastercard:Thereisnotimeperiodwithinwhichtopaytoavoidafinancecharge,andtheFinanceChargewillbeappliedtotheNewBalanceofPurchases,andsubsequentpurchases,fromthedatetheyarepostedtoyouraccount.CashAdvancesforallMastercardandVISAcards:Thereisnotimeperiodwithinwhichtopaytoavoidaperiodicfinancechargeoncashadvancesandthefinancechargewillaccruefromthedatethecashadvanceispostedtoyouraccount.HowtoCalculatetheFinanceCharge:TheFinanceChargeiscalculatedattheAnnualPercentageRatedisclosedabove(orasamendedfromtimetotime)ontheaveragedailybalanceofpurchaseandcashadvancesyoumake,andanydebitadjustmentsthecreditunionmakes,duringthebillingcycle.Thedailybalancesaretotaled,anddividedbythenumberofdaysinthebillingcycletoproduceseparateaveragedailybalancesforpurchasesMASTERCARD AND VISA LINE OF CREDIT AGREEMENTLASER FI12489 Rev 11-2009COPYRIGHT 2005 Securian Financial Group, Inc. All rights reserved.andcashadvancestowhichtheperiodicrateisthenapplied.IfyourcardhasagraceperiodforpurchasesandyoupaythefullamountoftheNewBalanceofPurchaseswithinthatgraceperiod,thatamountwillnotbeaddedtotheaveragedailybalance.ForPurchaseswithnograceperiodandforCashAdvances,financechargeswillcontinuetoaccrueuntilthedateofpayment.ForPurchaseswithagraceperiod,financechargeswillcontinuetoaccrueuntilthedateofthebillingcycleprecedingthedateonwhichtheentireNewBalanceispaidinfull,ifpaidwithinthegraceperiod;otherwise,financecharges will continue to accrue until the date of payment.CrossCollateral:Ifyouhaveotherloanswithus,ortakeoutotherloanswithusinthefuture,collateralsecuringthoseloanswillalsosecureyourobligationsunderthisAgreement.However,unlessyouexpresslyagreeotherwise, no dwelling secures your obligation.OTHERCHARGES:(1)LateCharge:Ifyoufailtopayatleasttheminimumpaymentwithin10daysafteritisdue,youwillpayalatechargeequalto$30.00. (2)Over-the-LimitCharge:None.(3)Transactionfeeforcashadvances:3%withaminimumof$10.00anda maximum of $50.00. MONTHLYPAYMENTS:Eachpaymentyoumakeontheaccountwillrestoreyourcreditlimitbytheamountofthepaymentwhichisappliedtotheprincipal amount of purchases and cash advances. Atanytimeyourtotalnewbalanceexceedsyourcreditlimit,youmustimmediately pay the amount over your credit limit. APAYMENTISREQUIREDEACHMONTH;therefore,youmustpayatleasttheminimumpaymentshownonyourstatementbythedatespecifiedonyourmonthlystatement.Youcanrepayanyoutstandingbalancepriortomaturityin whole or in part at your option without penalty.Your monthly payment must be made directly to:McCoyFederalMcCoyFederal(creditcardremittanceP.O.Box593806ORP.O.Box149305statementrequired)Orlando,FL32859-3806Orlando,FL32814TheminimumperiodicpaymentrequiredisthetotalNewBalanceasshownonyourmonthlybillingstatementiftheamountisunder$10.00.IftheNewBalanceexceeds$10.00theminimumperiodicpaymentis3%ofthatportionoftheNewBalancewhichdoesnotexceedyourcreditlimitplustheentireportionoftheNewBalanceinexcessofyourcreditlimit,plusanyamountpast due, or $10.00 whichever is greater. CREDITBALANCES:Ifthereisacreditbalancedueyou,youmayrequestin writing a full refund of this credit balance at our address.PLEDGEOFSHARES:YOUPLEDGEANDGRANTTOTHECREDITUNIONASECURITYINTERESTINALLINDIVIDUALANDJOINTACCOUNTSYOUHAVEWITHUSNOWANDINTHEFUTURETOSECUREYOURCREDITCARDACCOUNT(S)TOTHEEXTENTOFTHATPORTIONOFTHELOANBALANCEWHICHMAYBEINDEFAULTOREXCEEDSYOURCREDITLIMIT.INCLUDINGCOSTSOFCOLLECTIONANDREASONABLEATTORNEY'SFEES.YOUAUTHORIZEUSTOAPPLYTHEBALANCEINTHESEACCOUNT(S)TOPAYANYAMOUNTSDUE UNDER THIS AGREEMENT IF YOU SHOULD BE IN DEFAULT.DEFAULT:YouwillbeindefaultunderthisAgreementifyoufailtomakeanyminimumpaymentorotherrequiredpaymentbythedatethatitisdue.YouwillbeindefaultifyoubreakanypromiseyoumakeunderthisAgreement.Youwillbeindefaultifyoudie,fileforbankruptcyorbecomeinsolvent,thatis,unabletopayyourobligationswhentheybecomedue.Youwillbeindefaultifanyattachmentorgarnishmentproceedingsareinitiatedagainstyouoryourproperty.YouwillbeindefaultifyoudefaultonanyotherindebtednesstotheCreditUnion.Youwillbeindefaultifyoumakeanyfalseormisleadingstatementinanycreditapplicationorcreditupdate.YouwillalsobeindefaultifsomethinghappenswhichtheCreditUnionbelievesmaysubstantiallyreduceyourabilitytorepaywhatyouowe.Whenyouareindefault,theCreditUnionhastherighttodemandimmediatepaymentofyourfullaccountbalancewithoutnotice.Ifimmediatepaymentisdemanded,youwillcontinuetopayFinanceCharges,attheperiodicratechargedbeforedefault,untilwhatyouowehasbeenpaid,andanysharesthatweregivenassecuritywillbeappliedtowardswhatyouowe.Youagreetopayreasonablecollectionexpenses,includingcardrecoveryfees,attorneyfees,courtcosts,and/orcollectionagencyfeesandcosts.Ifyouareheadofhousehold,intheeventofdefault,yougrantuspermissiontogarnishheadoffamilyearningsinaccordance with Florida law if collection proceedings are brought against you.NofailureordelaybytheCreditUnioninexercisinganyrights,powers,andremediesunderthisAgreementofprovidedbylawshallbedeemedawaiverthereof.RESTRICTIONONCASHADVANCES:Youroutstandingcashadvancebalancemaynotexceed50%ofyourCreditLimit.Wemayrefuseacashadvance if it would cause the cash advance balance to exceed this amount.CREDITINFORMATION:YouunderstandthattheCreditUnionwillreviewyouraccountsperiodically,andyouherebygiveyourpermissiontoandauthorize the Credit Union to investigate and reassess your creditworthiness. YouauthorizetheCreditUniontoobtaininformationconcerningyourcredithistoryfromallavailablesourcesnowandinthefuture.YouauthorizetheCreditUniontodiscloseinformationregardingyouraccounttocreditbureausand creditors who inquire about your credit standing. IFYOURCARDISLOSTORSTOLENORIFANYUNAUTHORIZEDUSEOCCURS:Youagreetonotifyusimmediatelyifyourcardiseverlostorstolenorifanunauthorizedusemayhaveoccurred.Thetelephonenumbertocallis1-800-449-7728,andyouagreetofollowupthecallwithnoticeinwritingtousat:McCoyFederalCreditUnion,P.O.Box31552,Tampa,FL33631-3552.YoualsoagreetoassisttheCreditunionindeterminingthefacts,circumstancesandotherpertinentinformationrelatingtoanyloss,theftorpossibleunauthorizeduseofyourcardandcomplywithsuchproceduresaswemayrequireinconnectionwithourinvestigation,includingfilingapolicereportandotherwiseassistingintheprosecutionofanyunauthorizeduser.YouwillbeliableforanyunauthorizeduseovertheVisaNetworkonlyiftheCreditUnioncanprovethatyouweregrosslynegligentinyouruseorhandlingofyourcard,orifwecanprovethatyouusedthecardfraudulently.YourliabilityforunauthorizeduseonnetworksotherthantheVisaNetworkwillnotexceed$50.00.Inanycase,youwillnotbeliableforanyunauthorizedusethatoccursafteryounotifytheCreditUnionoftheloss,theft, or unauthorized use.PLANMERCHANTDISPUTES:Wearenotresponsiblefortherefusalofanyplanmerchantorfinancialinstitutiontohonoryourcard.Also,wearenotresponsibleforgoodsorservicesyoupurchasewiththecardunless(a)yourpurchasewasmadeinresponsetoanadvertisementwesentorparticipatedinsendingyou;(b)yourpurchasecost$50.00ormoreandwasmadefromaplanmerchantinyourstateorwithin100milesofyourhome;andyouhavemadeagoodfaithattempt,buthavebeenunabletoobtainsatisfactionfromtheplanmerchant.Youmustresolveallotherdisputesdirectlywiththeplanmerchant. CHANGINGORTERMINATINGYOURACCOUNT:YouagreethattheCreditUnionmaychangethetermsofthisAgreementfromtimetotimeaftergivingyouanyadvancenoticerequiredbylawatyourlastknownaddress.Youruseofthecardafterreceivingnoticeofachangewillalsoindicateyouragreement to the change, unless applicable law requires otherwise.Youmayrequestanincreaseinyourcreditlimiteitherbywrittenapplicationor by phone. TheCreditUnionhastherighttoreduceorterminateyourcreditlimitatanytime.YouunderstandandacknowledgethatsuchactionshallnotaffectyourobligationtopayanyoutstandingbalancePLUSanyfinanceandotherchargesyouoweunderthisAgreement.Accountsthathavebeeninactiveforone (1) year may be subject to termination at the renewal date. Thecard(s)youreceiveremainthepropertyoftheCreditUnionandyoumustrecoverandsurrendertotheCreditUnionALLcardsuponrequestorupontermination of this Agreement whether by you or the Credit Union.RETURNSANDADJUSTMENTS:MerchantswhohonoryourcardwillgiveyoucreditforreturnsoradjustmentsbysendingusacreditslipwhichweshallposttoyourPlan.Ifyourcreditsandpaymentsexceedwhatyouoweus,wewillholdthiscreditbalanceagainstfuturepurchasesorrefundittoyour share account upon your written request (if it is $1.00 or more).FOREIGNTRANSACTIONS:TheexchangerateforinternationaltransactionswillbearateselectedbyVISAfromtherangeofratesavailableinwholesalecurrencymarkets,whichmayvaryfromtherateVISAitselfreceives,orthegovernment-mandatedrateineffectfortheapplicablecentralprocessing date, plus 1.5%.IfyoumakeatransactionwithyourMasterCardinacurrencyotherthanU.S.Dollars,MasterCardInternationalIncorporatedwillconvertthechargeintoaU.S.dollaramount.MasterCardInternationalwilluseitscurrencyconversionprocedure,whichisdisclosedtoinstitutionsthatissuedMasterCard's.CurrentlythecurrencyconversionrateusedbyMasterCardInternationaltodeterminethetransactionamountinU.S.dollarsforsuchtransactionsgenerallyeitheragovernmentmandatedrateorawholesaleratedeterminedbyMasterCardInternationalfortheprocessingcycleinwhichthetransactionisprocessed,increasedbyanadjustmentfactorestablishedfromtimetotimebyMasterCardInternational.ThecurrencyconversionrateusedbyMasterCardInternationalontheprocessingdatemaydifferfromtheratethatwouldhavebeenusedonthepurchasedateorcardholderstatementpostingdate.  EFFECTOFAGREEMENT/WAIVER:ThisAgreementisthecontractwhichappliestoalltransactionsonyouraccounteventhoughthesales,cashadvances,creditorotherslipsyousignorreceivemaycontaindifferentterms.TheCreditUnioncandelayenforcinganyofitsrightsanynumberoftimeswithoutlosingthem.Eachprovisionofthisagreementmustbeconsideredaspartofthetotalagreementandcannotinanywaybeseveredfromit.However,youalsoagreethatshouldanypartofthisagreementbefound invalid, it will in no way affect the remainder of the agreement.  STATEMENTANDNOTICES:Youwillreceiveastatementeachmonthshowingtransactionsonyouraccount.YouareresponsibleforyourminimummonthlypaymentevenintheeventyourstatementislateorreturnedtotheCreditUnion.StatementsandnoticeswillbemailedtoyouatthemostrecentaddressyouhavegiventheCreditUnion.Noticetoanyoneofyouwillbeconsidered notice to all. MASTERCARD AND VISA LINE OF CREDIT AGREEMENTPERSONALIDENTIFICATIONNUMBER(PIN):WewillfurnishyouwithaPersonalIdentificationNumber(PIN).YouagreetokeepthePINsecret.Youalsoagreeyouwon'twritethePINontheCardoranythingyoukeepwiththecard.YouruseofthePINandcardingettingacashadvanceormakingapurchaseisagreedtoconstituteyoursignatureforpurposesofsuchtransaction.  YoumayuseyourMcCoyFederalCreditUnionVisaCardtoconductanytransactionorobtainanycreditunionservicepermittedbylaw.YouagreethattheuseoftheVisaCardtoobtainaserviceoreffectatransactionthatisillegalunderthelawofanyjurisdictionwhereoriginated,effectedoraccomplishedwillbeadefaultandbreachofthisagreement.McCoyFederalCreditUnionmayterminatetheaccesstotheserviceorwithdrawtherighttousetheVisaCardand/ordemandthereturnofallVisaCardsorotheraccessdevicesissuedtoyou.IfillegaluseofyourVisaCardoccurs,youwaivetherighttosueMcCoyFederalCreditUnion,andagreetoindemnifyandholdMcCoyFederalCreditUnionharmlessfromanysuitsorotherlegalactionorliabilitywhichmaybeasserted,directlyorindirectly,againMcCoyFederalCredit Union arising out of or resulting from your illegal use of the Visa Card. YOUR BILLING RIGHTSThisnoticecontainsimportantinformationaboutyourrightsandourresponsibilities under the Fair Credit Billing Act. Notify Us In Case of Errors or Questions About Your BillIfyouthinkyourbilliswrong,orifyouneedmoreinformationaboutatransactiononyourbill,writeusonaseparatesheetattheaddresslistedonyourbill.Writetousassoonaspossible.Wemusthearfromyounolaterthan60daysafterwesendyouthefirstbillonwhichtheerrororproblemappeared. You can telephone us, but doing so will not preserve your rights.In your letter, give us the following information:1.YourNameandAccountNumber.2.Thedollaramountofthesuspendederror.3.Describetheerrorandexplain,ifyoucan,whyyoubelievethereisanerror.Ifyouneedmoreinformation,describetheitemyouarenotsureabout.Ifyouhaveauthorizedustopayyourcreditcardbillautomaticallyfromyoursavingsorsharedraftaccount,youcanstopthepaymentonanyamountyouthinkiswrong.Tostopthepaymentyourlettermustreachusthreebusinessdays before the automatic payment is scheduled to occur. YourRightsandOurResponsibilitiesAfterWeReceiveYourWrittenNoticeWemustacknowledgeyourletterwithin30days,unlesswehavecorrectedtheerrorbythen.Within90days,wemusteithercorrecttheerrororexplainwhy we believe the bill was correct. Afterwereceiveyourletter,wecannottrytocollectanyamountyouquestion,orreportyouasdelinquent.Wecancontinuetobillyoufortheamountyouquestion,includingFinanceCharges,andwecanapplyanyunpaidamountagainstyourcreditlimit.Youdonothavetopayanyquestionedamountwhileweareinvestigating,butyouarestillobligatedtopaythepartsofyourbillthatarenotinquestion.Ifwefindwemadeamistakeonyourbill,youwillnothavetopayanyfinancechargesrelatedtoanyquestionedamount.Ifwedidn'tmakeamistake,youmayhavetopayFinanceCharges,andyouwillhavetomakeupanymissedpaymentsonthequestionedamount.Ineithercase,wewillsendyouastatementoftheamountyouoweandthedatethatit is due.Ifyoufailtopaytheamountthatwethinkyouowe,wemayreportyouasdelinquent.However,ifourexplanationdoesnotsatisfyyouandyouwritetouswithin10daystellingusthatyoustillrefusetopay,wemusttellanyonewereporttothatyouhaveaquestionaboutyourbill.And,wemusttellanyonewereportyoutothatthematterhasbeensettledbetweenusonceitfinally is settled. Ifwedon'tfollowtheserules,wecan'tcollectthefirst$50ofthequestionedamount, even if your bill was correct. Special Rule for Credit Card PurchasesIfyouhaveaproblemwiththequalityofpropertyorservicesthatyoupurchasewithacreditcard,andyouhavetriedingoodfaithtocorrecttheproblemwiththemerchantyoumayhavetherightnottopaytheremainingamountdueonthe property or services. There are two limitations on this right.(a)Youmusthavemadethepurchaseinyourhomestateor,ifnotwithinyourhomestate,within100milesofyourcurrentmailingaddress;and(b)Thepurchasepricemusthavebeenmorethan$50.00.Theselimitationsdonotapplyifweownoroperatethemerchant,orifwemailed you the advertisement for the property of services. PLEASE KEEP THIS FOR FUTURE USE