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(1) RISK BASED: The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness. Please ask us for the initial rate for which you qualify.
*READY RESERVE AND CREDIT CARDS: For unpaid balances your minimum monthly payment will be $2 per $100 of the outstanding balance at the end of each month. This payment will automatically adjust at month end (if advances or charges occur). Credit card accounts will be subject to a monthly payment of $4 per $100 outstanding balance should 3 delinquent payments occur during a 12 month period. The minimum monthly payment is $20 on these types of loans. We will routinely evaluate your credit worthiness; the ANNUAL PERCENTAGE RATE on existing balances and new advances is subject ot change at the time of a new advance after the routine evaluation.
**OVERDRAFT PROTECTION: For unpaid balance up to $500, your minimum monthly payment will be $20. Automatic advances made in $100 increments. We will routinely evaluate your credit worthiness.
****HELOC (HOME EQUITY LINE OF CREDIT): The rate on this mortgage is equal to the current PRIME RATE with no margin. The Rate adjusts at the beginning of the Quarter. After the Draw Period of eight years, the loan term is 15 years.
FILING FEE: You will be charged a lien filing fee at the time of an advance if the Credit Union takes a security interest in your collateral and is responsible for placing the lien on the title or other securing document. The amount of the filing fee will be based on the amount of fee required by state law for the Credit Union to obtain a lien on this collateral. The amount of the filing fee will be disclosed on the voucher.
MIMIMUM PAYMENT: Your minimum payment will never be less than $20 per month.
Prepayment Penalty: There is no prepayment penalty on the loan types referenced on this addendum. Unless otherwise stated, all payments will be applied as regular payments with the interest due being paid first and the balance of the payment being applied to the principal.
COLLECTION COSTS: You promise to pay all costs of collecting the amount you owe under this agreement including court costs and reasonable attorney fees. These costs will include reasonable attorney fees and/or collection fees not in excess of 20% of the unpaid debt after default. | 
