Draw Period Payment: You can obtain credit advances during the "draw period." At our option, we may renew or extend the draw period. During the draw period you will be required to make monthly payments. Your payment will be 1.5% of the Credit Limit for your plan or $100.00, whichever is greater. Your payment will include any amounts past due and any amount by which you have exceeded your credit limit. If the annual percentage rate on your plan is a variable rate, you will continue to make the same payment when the annual percentage rate changes. The higher the annual percentage rate, the longer it will take to repay the outstanding balance.

Repayment Period Payment: After the draw period ends the repayment period will begin. Your repayment period will be 5 years if your credit limit is $5,000.00 or less. Your repayment period will be 7 years if your credit limit is between $5,000.01 and $9,999.99. Your repayment period will be 10 years if your credit limit is $10,000.00 or more. At the beginning of the repayment period we will recalculate your payment to pay off the balance by the end of your repayment period at the current annual percentage rate. Your payment will never be less than $100.00. If your plan has a variable rate, each time the annual percentage rate changes, we will adjust your payment to pay off the balance by the maturity date.

Annual Percentage Rate: At the beginning of both the draw and repayment periods, you may choose whether the annual percentage rate on your plan will be fixed or a variable rate. The rate will be determined based on length of the draw period and repayment period that you qualify for.

Fixed Rate Feature: If you select a fixed annual percentage rate (APR), the rate will be determined as follows:

The annual percentage rate includes only interest and no other costs.

Variable Rate Feature: If you select a variable rate feature the annual percentage rate (corresponding to the periodic rate) may change as a result. When the annual percentage rate increases during the draw period, your payment will not change but it will take longer to repay the outstanding balance. When the annual percentage rate increases during the repayment period, your payment will increase. The annual percentage rate includes only interest and no other costs. The annual percentage rate is based on the value of an index. The index is the Prime Rate published, in the Money Rates column of the Wall Street Journal. When a range of rates has been published the highest rate will be used. We will use the most recent index value available to us as of 15 days before the date of any annual percentage rate adjustment.

To determine the annual percentage rate that will apply to your plan, we add a margin to the value of the Index. The margin will be determined as follows:

The annual percentage rate can change annually on the first day of March. The rate cannot increase or decrease more than 2 percentage points in any one year period. The maximum ANNUAL PERCENTAGE RATE that can apply is 18% or the maximum permitted by law, whichever is less.

Periodic Rate and Corresponding Annual Percentage Rate: At the beginning of the repayment period, you may choose to change the terms of the plan and the annual percentage rate may change as a result. If you have chosen a variable rate we determine the periodic rate that will apply to your account by adding a margin, as disclosed above, to the value of the Index. Then we divide this sum by the number of days in a year (365). To obtain the annual percentage rate we will multiply the periodic rate by the number of days in a year (365). This result is the annual percentage rate.

If you have chosen a fixed rate plan, we divide the annual percentage rate by the number of days in a year (365) to obtain the periodic rate. To obtain the annual percentage rate we will multiply the periodic rate by the number of days in a year (365). This result is the annual percentage rate.

Other Charges: Late Charges: If your payment is more than 10 days late we may charge you 5% of the payment due.

Minimum Advance Amount Fee: We will charge your account $25.00 if you request an advance for less than the minimum advance amount of $500.

Non-Sufficient Funds Charge: We will charge you a fee of $25.00 if you pay your account with an insufficient funds check.

Collection Costs: For Borrowers in FL: You promise to pay, subject to any limits under applicable law, all costs of collecting the amount you owe under this agreement. This includes but is not limited to reasonable attorneys fees and court costs as well as legal expenses for any bankruptcy, appeals or postjudgement proceedings.

For Borrowers in GA: You promise to pay, subject to any limits under applicable law, all costs of collecting the amount you owe under this agreement. If collected by or through an attorney, you promise to pay attorney's fees not to exceed 15% of the principal and interest owing as well as legal expenses for any bankruptcy, appeals or postjudgment proceedings. If not prohibited by applicable law you will also pay any court costs.

Sharedraft Access: We may authorize you to obtain credit advances by writing sharedrafts on your home equity account. We reserve the right not to honor a sharedraft in the following circumstances:

(a) Your Credit Limit has been or would be exceeded by paying the sharedraft.
(b) Your sharedraft is post-dated. If a post-dated sharedraft is paid and as a result any other check is returned or not paid, we are not responsible.
(c) Your sharedrafts have been reported lost or stolen. Your should notify us at once if your sharedrafts are lost or stolen.
(d) Your sharedraft is not signed by an "Authorized Signer", which means a person who signed this Agreement, or has signed a separate signature card for this account.
(e) Your account has been terminated or suspended as provided in this Agreement.
(f) The amount of your sharedraft is less than the minimum amount required by this Agreement or you are in violation of any other transaction requirement.

If we pay any sharedraft under these conditions, you must repay us for the amount of the sharedraft and any charges permitted by law. The sharedraft itself will be evidence of your debt to us together with this Agreement. Our liability, if any, for wrongful dishonor of a sharedraft is limited to your actual damages. Dishonor for any reason as provided in this Agreement is not wrongful dishonor. We may not return the sharedrafts along with your periodic statements; however, your use of a sharedraft will be reflected on your periodic statement as a credit advance. We do not "certify" sharedrafts drawn on your account.