11. Postdated and Staledated Drafts. You agree not to draw or issue any draft that is postdated. If you do draw or issue a draft
that is payable on a future date, we shall have no liability if we pay the draft before its payment date. You agree not to deposit
drafts, checks, or other items before they are properly payable. We are under no obligation to pay a draft/check drawn on your
account that is presented more than six (6) months after the date it was written. If, however, the draft/check is paid against your
account, the Credit Union shall have no liability for such payment.
12. Foreign Currency. All drafts drawn on your account shall be payable in currency of the United States of America. You agree not
to draw a draft payable in any foreign currency. If you give us an order to pay the draft in foreign currency, we shall have the right to
return the draft unpaid. If, however, we should pay the draft we shall not be responsible for the currency conversion and any fees
assessed for collection, and you shall be bound by our determination of the currency conversion rate and the data and manner in
which we make the conversion.
13. Stop Payment Orders.
a. Stop Payment Order Request. Any Authorized Person may request a stop payment order on any draft drawn on your account. To
be binding an order must be dated, signed, and describe the account and draft number and the exact amount. The stop payment will
be effective if the Credit Union receives the order within a reasonable time for the Credit Union to act upon the order and you state
the number of the account, number of the draft, and its exact amount. You understand that the exact information is necessary for
the Credit Union's computer to identify the draft. If you give us incorrect or incomplete information, we will not be responsible for
failing to stop payment on the draft. If the stop payment order is not received in time for us to act upon the order, we will not be
liable to you or to any other party for payment of the draft. If we recredit your account after paying a draft over a valid and timely
stop payment order, you agree to sign a statement describing the dispute with the payee, to transfer to us all of your rights against
the payee or other holders of the draft and to assist us in any legal action.
b. Duration of Order. You may make an oral stop payment order which will lapse within fourteen (14) calendar days unless
confirmed in writing within that time. A written stop payment order is effective for six (6) months and may be renewed in writing
from time to time. We do not have to notify you when a stop payment order expires.
c. Liability. Fees for stop payment orders are set forth on our fee schedule(s). You may not stop payment on any certified check,
cashier's check, teller's check, or any other check, draft, or payment guaranteed by us. Although payment of an item may be
stopped, you may remain liable to any item holder, including us. You have the burden of establishing the fact and amount of loss
resulting from the payment of an item contrary to a binding stop payment order. You agree to indemnify and hold the Credit Union
harmless from all costs, including attorney's fees, damages or claims related to our refusing payment of an item, including claims of
any Account Owner, payee, or indorsee in failing to stop payment of an item as a result of incorrect information provided by you.
14. Credit Union Liability. If we do not properly complete a transaction according to this Agreement, we will be liable for your losses
or damages not to exceed the amount of the transaction, except as otherwise provided by law or elsewhere in this Agreement. We
will not be liable if: (1) your account contains insufficient funds for the transaction; (2) circumstances beyond our control prevent the
transaction; (3) your loss is caused by your or another financial institution's negligence; or (4) your account funds are subject to legal
process or other claim. We are not liable if drafts or other items were forged or altered so that the forgery or alteration could not be
reasonably detected. We will not be liable for consequential damages, except liability for wrongful dishonor. We are not responsible
even though a draft is paid by us if we acted in a commercially reasonable manner and exercised ordinary care. We exercise ordinary
care if our actions or nonactions are consistent with applicable state law, federal reserve regulations and operating letters,
clearinghouse rules, and general banking practices followed in the area we serve. You grant us the right, in making payments of
deposited funds, to rely exclusively on the form of the account and the terms of this Agreement. Any conflict between what you or
our employees may say or write will be resolved by reference to this Agreement.
15. Unauthorized Use of Check Writing and Facsimile Signature Equipment. You are responsible for maintaining the security of all
facsimile signatures, check writing equipment, and supplies. You must promptly notify us in writing of any checks that have been
lost or stolen or the unauthorized use of facsimile signature equipment and the circumstances surrounding the loss, theft or
unauthorized use. We are not liable for any unauthorized use of such facsimile signature.
16. Pledge of Shares/Statutory Lien. Unless prohibited by law, you pledge and grant as security for all obligations you may have
now or in the future, except obligations secured by your principal residence, all shares and dividends and, all deposits and interest, if
any, in all accounts you have with us now and in the future. If you pledge a specific dollar amount in your account for a loan, we
will freeze the funds in your account(s) to the extent of the outstanding balance of the loan or, if greater, the amount of the pledge
if the loan is a revolving loan. Otherwise, funds in your pledged account(s) may be withdrawn unless you are in default. Federal or
state law, depending on whether we have a federal or state charter, gives us a lien on all shares and dividends and all deposits and
interest, if any, in accounts you have with us now and in the future. Except as limited by state or federal law, the statutory lien gives
us the right to apply the balance of all your accounts to any obligation on which you are in default. After you are in default, we may
exercise our statutory lien rights without further notice to you. Your pledge and our statutory lien rights will allow us to apply the
funds in your account to what you owe when you are in default, except as limited by state or federal law. If we do not apply the
funds in your account(s) to satisfy your obligation, we may place an administrative freeze on your account(s) in order to protect our
statutory lien rights and may apply the funds in your account(s) to the amount you owe us at a later time. The statutory lien and
your pledge does not apply to any Individual Retirement Account or any other account that would lose special tax treatment under
state or federal law if given as security. By not enforcing our right to apply funds in your account to your obligations that are in
default, we do not waive our right to enforce these rights at a later time.
17. Transfer of Account. All accounts are nonassignable and nontransferable to third parties except by us.
18. Legal Process. If any legal action is brought against your account, we may pay out funds according to the terms of the action or
refuse any payout until the dispute is resolved. Any expenses or attorney's fees we incur responding to legal process may be
charged against your account without notice, unless prohibited by law. Any legal process against your account is subject to our lien
and security interest.
19. Account Information. Upon request, we will give you the name and address of each agency from which we obtain a credit report
regarding your account. We agree not to disclose account information to third parties except when: (1) it is necessary to complete a
transaction; (2) the third party seeks to verify the existence or condition of your account in accordance with applicable law; (3) such