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
Others Using Your Account. If you allow anyone else to use your account,you will be liable for all credit extended to such persons. You promise to payfor all purchases and advances made by anyone you authorize to use youraccount, whether or not you notify us that he or she will be using it. Ifsomeone else is authorized to use your account and you want to end thatperson's privilege, you must notify us in writing, and if he or she has a Card,you must return that Card with your written notice for it to be effective.Ownership of Card. Your Card remains our property and may be cancelledby us at any time without notice. You agree to surrender your Card and todiscontinue use of the account immediately upon our request.Interest Charges. You agree to pay interest at the rate(s) disclosed to you atthe time you open your account and as may be changed from time to time inaccordance with applicable law. Average Daily Balance including newtransactions: Interest Charges will accrue on your average daily balanceoutstanding during the month. To get the average daily balance, we take thebeginning balance each day, add any new purchases, cash advances,balance transfers or other advances, and subtract any payments, unpaidinterest charges, and unpaid late charges. This gives us the daily balance.Then, we add up all the daily balances for the billing cycle and divide that bythe number of days in the billing cycle. We then multiply that by the periodicrate corresponding to the Annual Percentage Rate on your account. If youhave different rates for purchases, cash advances or balance transfers,separate average daily balances for each will be calculated and theappropriate periodic rate is then applied to each.Grace Period on Purchases Only: You can avoid Interest Charges on purchases by paying the full amount of the new balance for purchases eachmonth by the date on which the payment is due. Otherwise, the new balanceof your account, and subsequent advances from the date they are posted tothe account, will be subject to an Interest Charge. You cannot avoid InterestCharges on cash advances and balance transfers; even if you pay the entirecash advance balance or balance transfer balance by the payment due date,you will incur the Interest Charges accrued from the date the cash advance orbalance transfer is posted to your account.Fees. In addition to the Interest Charges set forth above, you agree to alsopay any and all fees that you incur as disclosed to you on your Truth-in-Lending Statement or similar disclosures (as may be amended from time totime), or as disclosed to you during the term of your Card.If Your Card is Lost or Stolen or if an Unauthorized Use Occurs. Youagree to notify us immediately if your Card is ever lost or stolen or if anunauthorized use may have occurred. "Unauthorized use" means the use ofthe Card by someone other than you who does not have actual, implied orapparent authority for such use, and from which you receive no benefit. Thetelephone number to call is (509) 928-6494 or (800) 852-5316. You agree tofollow up your call with notice in writing to us at: P.O. Box 15128, Spokane,WA 99215. You also agree to assist us in determining the facts,circumstances and other pertinent information relating to any loss, theft orpossible unauthorized use of your Card and comply with such procedures aswe may require in connection with our investigation. You will be liable for anyunauthorized use only if we can prove that you were negligent in your use orhandling of your Card, or if we can prove that you used your Card fraudulently.Minimum Payment Due; Crediting of Payments. Payments are due in the amount and on the date disclosed on your billing statement. If your paymentis received by us on a business day at the address and by the timedesignated on the billing statement, it will be credited to your account on thedate of receipt. If payment is made at any location other than the addressdesignated on the periodic statement, credit for such payment may bedelayed up to five (5) days. Payments will be applied in any order wedetermine, subject to applicable law.IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CARD ISSUED TO YOU OR THOSEDESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS HORIZON CREDIT UNION OR ITS SUCCESSORS. BY USING YOUR CARD, YOUAGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
page 1 of 6Using Your Card. You can purchase or lease goods and services from anymerchant who honors your Card, and you may obtain cash advances fromfinancial institutions and ATM machines that accept the Card, up to yourmaximum credit limit. You agree not to present your Card or obtain a cashadvance for any extension of credit in excess of your available credit limit;however, if you do exceed your credit limit, you agree to make immediatepayment sufficient to bring the balance below the credit limit. Certainpurchases and cash advances require authorization prior to completion of thetransaction. In some cases, you may be asked to provide identification. If oursystem is not working, we may not be able to authorize a transaction, eventhough you have sufficient credit available. Also, for security reasons, we mayblock the use of your Card in certain countries or geographic areas. We willhave no liability to you or others if any of these events occur.Personal Identification Number (PIN). We may issue a PersonalIdentification Number (PIN) for use with your Card. This PIN is confidentialand should not be disclosed to anyone. You may use your PIN and your Cardto access your account, and all sums advanced will be added to your accountbalance. In the event a use of your PIN constitutes an Electronic FundsTransfer, the terms and conditions of your Electronic Funds TransferAgreement may affect your rights.Promise To Pay. You promise to pay us in U.S. dollars for (a) all purchases,cash advances, and balance transfers made by you or anyone whom youauthorize to use the Card; (b) all Interest Charges and all other charges orfees; (c) collection costs and attorney's fees as permitted by applicable law,and any costs incurred in the recovery of the Card; and (d) credit in excess ofyour credit limit that we may extend to you.Illegal Transactions. You agree that your Card and account will not be usedto make or facilitate any illegal transactions as determined by applicable law;and that any such use will constitute an event of default under this Agreement.We may decline any transaction that we believe to be illegal under applicablelaw, including but not limited to any transaction involving or relating to anygambling activity. You agree that we will have no liability or responsibility forany such use by you or any authorized user(s); or for declining any suchtransaction. You further agree to indemnify and hold us harmless from anysuits, liability, damages or adverse action of any kind that results directly orindirectly from such illegal use. You promise to pay us any and all amountsowing on your Card for any transactions made by you, even if the transactionis determined to be illegal.Joint Accounts. Each of you will be responsible, jointly and severally, for therepayment of amounts owed, regardless of who initiated any transactionunder the account. 9011 LASER FPDF FI17805 Rev 3-2021 COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.
Horizon Credit UnionP.O. Box 15128Spokane Valley, WA 99215(800) 852-5316 IN THIS AGREEMENT, "YOU" AND "YOUR" MEAN ANY PERSON WHO ACCEPTS THIS AGREEMENT OR USES THE CARD. THE "CARD" MEANS ANY CREDIT CARD ISSUED TO YOU OR THOSEDESIGNATED BY YOU UNDER THE TERMS OF THIS AGREEMENT. "WE", "US", "OUR" AND THE "CREDIT UNION" MEANS HORIZON CREDIT UNION OR ITS SUCCESSORS. BY USING YOUR CARD, YOUAGREE TO ALL OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
Default; Acceleration; Credit Suspension; Collection Costs. You will be indefault if: (1) you fail to make any payment on time; (2) if you fail to keep anypromises you have made under this Agreement or under other Agreementsyou have with us; (3) if you die; (4) if you file a petition in bankruptcy or have abankruptcy petition filed against you, or if you become involved in anyinsolvency, receivership or custodial proceeding; (5) if anyone attempts totake any of your funds held by us via legal process or if you have a judgmentor tax lien filed against you; (6) if you make any false, inaccurate, ormisleading statements in any credit application or credit update; or (7) if we, ingood faith, believe that your ability to repay what you owe is or soon will beimpaired, or that you are unwilling to make your payments.If you are in default, we have the right to demand immediate payment of yourfull account balance without giving you notice. If immediate payment isdemanded, you agree to continue paying interest charges and fees until whatyou owe has been paid, and any shares that were given as security for youraccount may be applied towards what you owe. You agree to pay allreasonable costs of collection, including court costs and attorney's fees, andany costs incurred in the recovery of the Card, subject to applicable law. Evenif your unpaid balance is less than your credit limit, you will have no creditavailable during any time that any aspect of your account is in default.Suspension of electronic services and access to share or depositaccounts. Subject to applicable law, we may suspend some or all electronicservices and access to your checking or other account(s) if you becomedelinquent on any of your credit card or deposit obligations to us or you causea loss to us. We shall not be liable to you in any regard in connection withsuch suspension of services.Additional Benefits/Card Enhancements. We may from time to time offeradditional services to your Account at no additional cost to you. Youunderstand that we are not obligated to offer such services and may withdrawor change them at any time.Convenience Checks. We may, at our discretion, issue checks to you whichmay be used for any purpose other than making a payment for credit to youraccount. By signing such check, you authorize us to pay the item for theamount indicated and post such amount as a cash advance to your account.We do not have to pay any item which would cause the outstanding balancein your account to exceed your credit limit.Credit Information. We may from time to time request personal informationfrom you or obtain credit reports from the credit reporting agencies for thepurpose of updating your credit status. Your failure to provide such informationwhen requested by us may result in suspension of credit privileges under thisAgreement, including your ability to obtain any future advances by anymeans. You authorize us to investigate your credit standing when opening orreviewing your account. You authorize us to disclose information regardingyour account to credit bureau and creditors who inquire about your creditstanding.Foreign Transactions; Currency Conversion. Purchases and cashadvances made in foreign currencies will be billed to you in U.S. dollars. Theconversion rate in dollars will be a rate selected by the card company from arange of rates available in wholesale currency markets for the applicablecentral processing date, which rate may vary from the rate the card companyitself receives, or the government-mandated rate in effect for the applicablecentral processing date in each instance. All transactions processed outsideof the United States (which may include internet transactions) will be chargeda foreign transaction fee in the amount disclosed on your Truth-in-LendingStatement (as amended from 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 theCard as well as Interest Charges and fees incurred. We may change theterms of this Agreement, including the method of calculating the periodic rate,at any time, by written notice, subject to applicable law. Use of the Card	constitutes agreement and acceptance of any change in terms, unlessapplicable law requires otherwise. Our failure to exercise any of our rights orto take any action shall not constitute a waiver of those rights, or anamendment or change in any of the terms of this Agreement.Late or Partial Payments. Any payment that delays the reduction of yourbalance will increase your total interest costs. Partial payments orprepayments will not delay your next scheduled payment - you will still needto make the minimum scheduled payment by the next scheduled due date tokeep your account current. We may accept late payments, partial payments,checks or money orders marked "payment in full" and such action shall notconstitute final settlement of your account or a waiver or forgiveness of anyamounts owing under this Agreement.Enforcement. We do not lose our rights under this or any related agreementif we 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 acredit slip which will be posted to your account. If your credits and paymentsexceed what you owe us, the amount will be applied against future purchasesand cash advances. If the credit balance amount is $1 or more, it will berefunded upon your written or verbal request.Plan Merchant Disputes. We are not responsible for the refusal of any planmerchant or financial institution to honor your Card. Also, we are notresponsible for goods or services that you purchase with the Card unless: (a)your purchase was made in response to an advertisement we sent orparticipated in sending you; or (b) your purchase cost more than $50 and wasmade from a plan merchant in your state or within 100 miles of your home;and only if you have made a good faith attempt, but have been unable toobtain satisfaction from the plan merchant. You must resolve all otherdisputes directly with the plan merchant. We do not warrant any merchandiseor services purchased by you 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 changeyour address for any reason. In order to prevent identity theft, your identitymay need to be verified before we act upon the notification.Copy Received. You acknowledge that you have received a copy of thisAgreement.Governing Law. This Agreement shall be construed under federal law andstate law in the state in which we are primarily located, and the venue shall belocated in the county and state in which we are primarily located. Operatingregulations of Visa may also apply. This Agreement is the contract that appliesto all transactions even though the sales, cash advance, convenience check,credit or other slips you sign or receive may contain different terms.NOTICE TO UTAH BORROWERS: This written agreement is a finalexpression of the agreement between you and the Credit Union. This writtenagreement may not be contradicted by evidence of any oral agreement.
page 2 of 6
9011 LASER FPDF FI17805 Rev 3-2021 COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved. YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE
page 3 of 61.2.3.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 are responsiblefor 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 purchased withyour credit card, and you have tried in good faith to correct the problem withthe merchant, you may have the right not to pay the remaining amount due onthe purchase.To use this right, all of the following must be true:If we do not believe there was a mistake: You will have to pay the amountin question, along with applicable interest and fees. We will send you astatement of the amount you owe and the date payment is due. We maythen report you as delinquent if you do not pay the amount we think youowe.�
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.CARDHOLDER'S SIGNATURES
BORROWER'S SIGNATURE DATE CO-BORROWER'S SIGNATURE
X XDATEBy signing below, you acknowledge that you have read, understand and accept the terms and conditions of the Credit Card Agreement and Truth-in-LendingStatement. You acknowledge that you have received copies of these documents. You also understand and agree that by using your card or accessing proceedsfrom the credit card account, you are bound to the aforementioned documents.Negative Information Notice: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaultson your account may be reflected in your credit report.
9011 LASER FPDF FI17805 Rev 3-2021 COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory tothese disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other termsand conditions of the consumer credit contract shall remain in full force and effect.Any reference in this consumer credit contract to the following are hereby inapplicable to your loan: (a) Mandatory arbitration; (b) Any requirement(s) towaive your rights to legal recourse under any applicable state or federal law; (c) Any demands or requirements construed as unreasonable notice fromyou in order to exercise your legal rights; or (d) Prepayment penalties.2.IMPORTANT DISCLOSURES FOR ACTIVE MEMBERS OF THE MILITARY AND THEIR DEPENDENTS:NOTICE:
 Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer 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 percentage rate of 36percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums or debt protectionfees; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees forspecified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). To receivethis notice verbally, please call 1-800-852-5316 24 hours a day, 7 days a week.The following applies if at the time this loan is made you are an active member of the military or a dependent (as those terms are defined in the MilitaryLending Act (MLA), 10 U.S.C. 987 and its implementing regulations (�MLA�)), and (a) your loan is unsecured or secured by personal property or a vehiclethat you did not purchase with the proceeds of the loan; or (b) it is otherwise determined by law that the MLA applies to your loan. If this loan is a revolvingline of credit or credit card, the MLA ceases to apply at any time during which you are not a member of the military or a dependent (as defined in the MLA).
3.1.
This loan will not be secured by a consensual lien on shares or deposits in any of your accounts unless you agree to establish an account in connectionwith this loan (�Secured Account�). Only funds deposited into the Secured Account after the loan is made will secure this loan. Any cross-collateralizationprovision contained in your loan or account documents will not apply to the Secured Account or your other share or deposit accounts for any loan subjectto the Military Lending Act.However, we reserve our statutory lien rights and rights to set-off or administrative freeze under federal or state law, which gives us the right to apply thesums in the Secured Account or any other account(s) you have with us to satisfy your obligations under this loan.4.
After we finish our investigation, one of two things will happen:If we made a mistake: You will not have to pay the amount in question orany interest or other fees related to that amount.�
IMPORTANT NOTICE ABOUT PROCEDURES FOR OPENING A NEW ACCOUNTTo help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and recordinformation that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, dateof birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying information.
 9011 LASER FPDF FI17805 Rev 3-2021 page 4 of 6COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.This Product is Optional. Your purchase of the Debt Protection Plan (�Plan�) is optional. Whether or not you purchase this protection will not affect yourapplication for credit or the terms of any existing credit agreement you have with the Financial Institution. You may cancel the Program at any time. See theProgram Agreement for an explanation of how the Program may be terminated.APPLICATION, DISCLOSURES, AND PROGRAM AGREEMENT for DEBT PROTECTION PLAN
Long-Term Loans: Joint
Death:Disability:Hospital Stay:Death:Hospital Stay:JointSingle
Cancels up to 6 PaymentsCancels up to 1 PaymentCancels up to 6 PaymentsCancels up to 6 PaymentsCancels up to 1 PaymentSingle
$0.37 Single$2.19 Cancels loan balanceCancels up to 6 PaymentsCancels up to 1 PaymentCancels loan balanceCancels up to 1 Payment$1.78
PLAN 4: Plan # 542603
PLAN 5: Plan # 542604Single
JointDeath:Disability:Involuntary Unemployment:Hospital Stay:PLAN 3: Plan # 542602Death:Disability:Hospital Stay:$1.28
PLAN 6: Plan # 542605JointDeath:Hospital Stay:Cancels up to 6 PaymentsCancels up to 6 PaymentsCancels up to 3 PaymentsCancels up to 1 PaymentJointShort-Term Loans:PLAN 1: Plan # 542600
Death Protection under Plans 1-3 cancels a maximum of $75,000.Cancellations listed are per occurrence.Monthly cancellations for Short-term Loans are limited to $1,000 per month , and $15,000 over the term of the loan, per each Protected Event and per each protected Borrower.Monthly cancellations for Long-term Loans are limited to $1,500 per month, and $18,000 over the term of the loan, pereach Protected Event and per each protected Borrower.*Benefit Maximums:Death:Disability:Involuntary Unemployment:Hospital Stay:Single
No, I do not wish to apply for the voluntary Payment Protection Plan at this time. _______ (Borrower 1 initials) _______ (Borrower 2 initials)Cancels loan balanceCancels up to 6 PaymentsCancels up to 3 PaymentsCancels up to 1 Payment$4.25JointPLAN 2: Plan # 542601 SingleI ELECT: (Check only  one box)
$0.87Open-end Loans:per $1,000 of monthly outstanding loan balanceCost:
I acknowledge and agree that: (a) I meet the eligibility requirements listed above. If it is discovered that I do not meet the eligibility requirements above, myparticipation in the Plan will be terminated, I will receive a refund of any fees paid, and an otherwise valid claim will be denied.
 (b) I have received the disclosures herein and have thoroughly read the Debt Protection Program Agreement (�Agreement�) , and agree to abide by the terms of the Agreement; (c) I authorize the Plan fees to be added to my loan each month; and (d) I understand that I may not be eligible for all benefits contained in the Plan. This document is hereby incorporated into Borrowers loan documentation as if fully set forth therein. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under the Program. See the Program Agreement for details.Application Eligibility:To be eligible to apply, I must meet the following conditions. By signing this Application, I am stating that: (1) I am under age 70; (2) If applying for Death or Disability protection: During the last 2 years, I have not been advised of or treated for: cancer, heart attack or coronary artery disease, stroke, cirrhosis, AIDS, or any disorderof my immune system, or had any test showing evidence of antibodies to the AIDS virus (a positive HIV test); (3) if applying for Disability or Unemployment protection: I am presently working twenty-four (24) or more hours per week ; (4) If applying for Involuntary Unemployment: I am not self- employed.
BORROWER'S SIGNATURE
BORROWER 2 SIGNATURE (If applying for Joint Protection) DATE
X XDATE BORROWER 1 SIGNATURESeasonal Workers: Whether you qualify for Involuntary Unemployment Benefits at the end of your seasonal employment will depend on whether youqualify for your state�s unemployment benefits.Email Communication: By signing this application, you acknowledge and agree that our administrator can (1) send you claims forms or other administrative formsto the email address that you provide to us and (2) otherwise communicate to you via email in order to administer your coverage if you activate your protection. Ouradministrator does not sell your information and will not use your email address for any purpose other than as outlined herein.
 9011 LASER FPDF FI17805 Rev 3-2021 page 5 of 6COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.PROGRAM AGREEMENT for PAYMENT PROTECTION PLAN
As used in this Debt Protection Plan Program Agreement (�Agreement�), �You�, �Your� or �Borrower� means the person(s) who are obligated to repay a loan to us who have purchased debt protection under this Agreement. �We�, �Our�, �Us� means, Horizon Credit Union, P.O. Box 15128, Spokane, WA 99215. �Plan Administrator� means Minnesota Life Insurance Company, 400 Robert Street North, St. Paul, Minnesota, 55101, or one of its affiliates, or a contracted third party.This Agreement amends your loan or credit agreement. By enrolling in this Debt Protection Plan (�Plan�), you agree to abide by the terms of this Agreement. The Debt Protection Application is apart of this Agreement and is hereby incorporated as if fully set forth herein. DEFINITIONS
Effective Date means that date on which your Plan becomes effective, which is: the later of (1) the date you enroll in, and your eligibility is approved for, the Plan; or (2) the date of your firstadvance under a protected multi-featured lending plan.Working twenty-four (24) or more hours per week: This term means that you are actively working for income for twenty-four (24) hours or more per week. Working means actually performingyour job duties and not off of work due to leave of absence; layoff; routine or seasonal work interruption; or any other reason.Outstanding Balance and Payment: �Outstanding Balance� means the outstanding loan balance as of the date a Protected Event occurs. �Payment� means the minimum monthly loan paymentscheduled under your loan agreement. Outstanding Balance and Payment both refer to the protected amount under the Plan and include principal, interest, the Plan fee and any amounts whichthe creditor and borrower agreed to finance as part of the loan at the time the credit is extended. It does not include late fees or other fees; real estate taxes or property insurance premiums; orany amount that represents defaults in scheduled payments of either interest or principal. A scheduled lump-sum Balloon payment will only be protected if the Protected Event cancels theOutstanding Balance. Additionally, any advance taken during any period of Involuntary Unemployment and Disability will not be protected and the payment for that advance will not be cancelled.You will be responsible for re-paying any amounts that are not cancelled.Pre-existing condition: means a condition for which you received or had medical treatment, advice or diagnostic tests either for that same condition or a related condition within the six-monthperiod immediately prior to the Effective Date and immediately prior to each and every advance taken. However, any Protected Event resulting from any such condition or a related condition willnot be excluded if the Protected Event commences six months or more after the Effective Date of protection or six months or more after the advance is taken. TERMS OF PROTECTION
Who is eligible for protection?This Plan protects an eligible Borrower (�Borrower 1�) against Protected Events that occur while you are enrolled in the Plan (�Single Protection�). At no additional cost, you may purchaseprotection for a Co-Borrower (�Borrower 2�) against the Protected Events within the Plan purchased (�Joint Protection�). Co- signers, guarantors, and non-borrower owners of collateral are noteligible for protection.What types of loans are eligible for protection under the Plan?The following types of loans are eligible for protection  if the Plan is made available to you on that loan type: Plans 1-3: closed-end loans if the loan has a term of less than 120 months; multi-featured consumer lending plans and consumer lines of credit; and credit cards
Plans 4-6: closed-end loans if the loan has a term of 120 months or more; and home equity lines of credit.
What is the Plan Fee and how is it collected?The Plan Fee is the amount you pay for the Protection. It is calculated by applying the rate per $1,000 of your monthly outstanding balance or loan amount and will be charged and collectedmonthly. For closed-end loans, if the Protection is purchased at loan closing, the fee becomes part of your required monthly loan payment. For open-end loans, the fee will be added to your outstanding balance as an advance each month, increasing your minimum payment due. If Debt Protection is added after the start of a closed-end loan, the fee will be added to your outstandingbalance as an advance each month; in such a case, we may either increase your minimum monthly payment or extend the term of your loan. Interest will accrue on the debt protection advance. Ifyou fail to pay the fee, we can cancel the protection or, at our option, add the fee to your outstanding balance upon which it will accrue interest. Such addition may extend the term of your loan.Can the Plan Fee and terms of this Agreement Change?Yes. We can change the terms of this Agreement, including the rates, at any time. If we do so, you will be provided prior notice and an opportunity to cancel your Agreement under the Plan.Can this Agreement be contested?Yes. If we find that you did not meet the eligibility requirements at the time of your application, your protection under the Plan will be removed, you will receive a refund of fees paid, and anotherwise valid claim will be denied. PROTECTED EVENTS
The following describes the types of Protected Events and the protection afforded under each Plan: DEATH (All Plans; Joint Protection Available)
What is the Death benefit?Plans 1-3: For each protected borrower, we will cancel the amount of your Outstanding Balance as of the date of death, up to $75,000. If two protected Borrowers die simultaneously, we will
cancel the Outstanding Balance, up to $75,000. In no event will an excess of $75,000 be cancelled.Plans 4-6: If you, or your joint borrower covered under a Joint Plan, dies, we will cancel up to six (6) consecutive Payments as of the date of death. If both protected Borrowers die simultaneously,
we will cancel twelve (12) Payments. The maximum monthly cancellation is $1,500.DISABILITY (Plans 1, 2, 4 & 5; Joint Protection Available)
What does Disability mean and how do I qualify for Disability?Disability means your continuous inability, due to sickness or injury, to perform the substantial and material duties of your regular occupation perform the substantial and material duties of yourown occupation and you are under the regular care and treatment of a licensed physician or licensed health care provider. To qualify for Disability protection, you must be disabled for 30consecutive days. Benefits begin to accrue on the first (1st ) day that you are disabled.What amounts are cancelled under the Disability protection?For each occurrence of Disability, Iwe will cancel 1/30th of the Payment for each day that you are disabled beginning with the first (1st) day of Disability and continuing for up to six (6) Paymentcancellations. However, cancellations will immediately cease if you recover or return to work; or if the loan is paid off, is refinanced, or is discharged for any reason. Cancellation is limited to a totalof $15,000 over the term of the loan for Short-term Loans and $18,000 over the term of the loan for Long-term loans, regardless of the number of occurrences. The maximum monthly cancellationis $1,000 for Short-term Loans and $1,500 for Long-term loans.What if the same or related disability occurs?Please see the �What if I suffer a recurrence?� question in the General Provisions section below.INVOLUNTARY UNEMPLOYMENT (Plans 1 & 4; Joint Protection Available)
What does Involuntary Unemployment mean and how do I qualify for protection?Involuntary Unemployment means that you involuntarily lost your employment in which you were actively working for income for twenty-four (24) hours or more per week, and are receiving, orrailroad unemployment benefits. 9011 LASER FPDF FI17805 Rev 3-2021 page 6 of 6COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.To qualify for Involuntary Unemployment protection, the following requirements must be met:1. You are involuntarily unemployed for 30 consecutive days; and2. You are receiving unemployment benefits for the period of unemployment for which you are making a claim under this Agreement.What amounts are cancelled under Involuntary Unemployment protection?We will cancel 1/30th of the Payment for each day you are involuntarily unemployed, beginning with the first (1st) day of involuntary unemployment and continuing for (a) up to three (3) Paymentcancellations per occurrence of Involuntary Unemployment; or (b) until you discontinue receiving unemployment benefits for any reason; or (c) you regain employment; whichever is earlier.Cancellation is limited to a total of $15,000 over the term of the loan for Short-term Loans and $18,000 over the term of the loan for Long-term loans, regardless of the number of occurrences.The maximum monthly cancellation is $1,000 for Short-term Loans and $1,500 for Long-term loans.HOSPITAL STAY (All Plans; Joint Protection Available)
What does Hospital Stay mean?Hospital Stay means that you are admitted to a hospital due to a medical condition. The term �hospital� includes any licensed medical hospital or chiropractic hospital, acute care, convalescentnursing, residential drug, psychiatric or hospice facility.What is the Hospital Stay benefit?If you are hospitalized for more than three (3) consecutive days, we will cancel one (1) Payment per occurrence. You can only receive one (1) cancellation over the term of the loan regardless ofhow many times you are hospitalized. Cancellation is limited to a total of $15,000 over the term of the loan for Short-term Loans and $18,000 over the term of the loan for Long-term loans,regardless of the number of occurrences. The maximum monthly cancellation is $1,000 for Short-term Loans and $1,500 for Long-term loans. EXCLUSIONS
Exclusions apply to both the Outstanding Balance and any and all advances under a multi-featured consumer lending plan.Benefits will not be provided under any Protected Event if the Protected Event:
(1) is due to suicide committed within the first 2 years of protection; (2) is due to an intentionally self-inflicted injury; (3) is due to a Pre-existing Condition; (4) results from war or any act of war,whether declared or undeclared; (5) occurs on or after your 70th birthday; (6) results from the same occurrence for which you have already received benefits under this Agreement. Benefits willalso not be provided under one Protected Event if you are currently receiving benefits under another Protected Event.The following exclusions apply in addition to the above:Benefits will not be provided under Disability protection if:
(1) the disability is related to a normal pregnancy, normal childbirth, or elective abortions. Complications due to pregnancy or childbirth will only be protected if the complications themselves arethe cause of the disability.Benefits will not be provided under Involuntary Unemployment protection if:
(1) your job is terminated because: (a) you retire; (b) you quit or resign your employment for any reason; (c) you lose your employment due to (i) willful or criminal misconduct; (ii) discharge fromactive military service; (iii) disability caused by sickness or injury; or (iv) a strike, lockout, or labor dispute; (2) the involuntary unemployment commences within 90 days after your Effective Date.Benefits will not be provided under Hospital Stay if:
The hospitalization commences within 90 days after the Effective Date. GENERAL PROVISIONS
How do I obtain benefits and verify a Protected Event under the Plan?To obtain benefits under the Plan, you must notify us of a Protected Event within 30 days or as soon as possible, but no later than six (6) months after the occurrence of the Protected Event, andprovide any documentation or information required by us at the time of your claim and/or throughout the period for which Payments are being cancelled. You must be able to verify the ProtectedEvent to our satisfaction. If your delay in filing a claim prevents us in any way from determining eligibility under the Plan, no benefit will be issued.What if I sustain an unrelated injury or sickness while I am disabled?If you are disabled (�original occurrence�) and sustain an additional sickness or injury which would be in and of itself disabling, the additional sickness or injury will not be considered a newoccurrence of Disability, but rather will be considered the same occurrence. This means that you will receive benefits only if you did not exhaust your maximum per-occurrence benefits inconnection with the original occurrence.What if I suffer a recurrence of the same or related Protected Event?If you incur a claim for the same type of Protected Event again within six (6) months after you have recovered or returned to full-time work, we will consider this a continuation of the prior event.(For disability, however, this only applies if you are disabled due to the same condition.) This means that the maximum number of cancellations per occurrence for the prior event will still apply; ifthat maximum was already reached, no benefits will be issued. If you incur a claim for the same type of Protected Event again more than six (6) months after you have recovered or returned tofull-time work, we will consider this a new event and the terms and conditions of the Plan apply as if no prior event occurred. This provision applies whether you return to work full-time with thesame or different employer.What is the status of my loan following the occurrence of a Protected Event?During the time it takes to process your request for benefits, you are responsible for making your monthly payment by the due date. Once benefits begin, you are responsible for any differencebetween the minimum payment due on the loan and the amount that is cancelled.What if the term of my loan ends while I am receiving cancellations under the Plan?Regardless of the number of cancellations you may otherwise be entitled to, cancellations will cease if the loan is paid off, refinanced, sold or transferred, or discharged for any reason.How can the Plan be terminated?You may terminate this Agreement at any time by writing us at Horizon Credit Union, P.O. Box 15128, Spokane, WA 99215. If you do so within thirty (30) days of your enrollment in the Plan, wewill credit your loan account for any fees charged for this protection. We can terminate this Agreement by giving you written notice at least thirty (30) days in advance of the termination.Termination by us or you will be effective on the first of the month following termination. Fees for the month in which notice of termination is received will still be due and collected from the loanpayment.Your Plan participation will terminate without advance notice if (1) your loan is paid off, refinanced, sold or transferred, or discharged for any reason; (2) required loan payments are past due by90 days or more; if you bring your loan current after your Protection has been terminated for delinquency, protection will not be reinstated automatically and you must reapply for the Plan. (3) youfail to pay the Plan Fee; (4) when you reach age 70 or die. For Joint Protection, when the oldest borrower reaches age 70, the oldest borrowers protection terminates. Protection will automaticallyconvert to Single Protection for the younger borrower. Once the younger borrower reaches age 70, all protection will terminate. If either borrower dies, any death benefits available will be paid,subject to the terms of this Agreement, and the protection for that borrower will terminate; or (5) the protected Outstanding Balance is paid off under the terms of the Plan or all maximumcancellations are reached.What are the tax implications?You may be subject to federal, state and local taxes on the amount of your cancelled loan payment or balance. You should consult your tax advisor. We or the Plan Administrator do not provideyou with guidance on the tax implications, if any, of a cancelled debt.What if I have questions about the Plan?Telephone us at 800-852-5316 or write to us at Horizon Credit Union, P.O. Box 15128, Spokane, WA 99215 if you have any questions regarding this Plan.