Common use of Checks Deposited and Security Interest Clause in Contracts

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. CC”). You agree that the image of the check that is transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial Code. You further agree that you will not remotely deposit any Prohibited Check or item. Prohibited Check or items are as follows: • Checks that were previously deposited by Mobile Capture, at First State Bank or at another financial institution; • Checks are drawn, or otherwise issued, by you on any account of yours maintained at another financial institution unless you notify and receive permission from us prior to submitting the deposit; • Checks payable jointly, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered or fraudulent in any way, or otherwise not authorized by the owner of the account on which the check is drawn; • Checks that are dated more than six months prior or that have a future date or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks that are remotely created checks, sight or payable through drafts, as defined by Reg. CC. If you deposit a Prohibited Check, you agree to indemnify and reimburse us for, and hold us harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with any warranty, indemnity or other claim related thereto. You grant us a security interest in all Accounts or other deposits (whether general or special) of yours at First State Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us under this Agreement. This security interest will survive termination of this Agreement.

Checks Deposited and Security Interest. You When using the Mobile Deposit Service, you hereby agree that you will only take photos (or “images”) scan and deposit a check(s) check as that term is defined in Federal Reserve Board Regulation CC (each a “Reg. CC”Check” and, if more than one, “Checks). You agree that the image Check Images of the check Check that is are transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You further agree that you will not remotely use the Mobile Deposit Service to deposit any Prohibited Check Checks that: (a) are payable to any person or item. Prohibited Check or items are as follows: • Checks that were previously deposited by Mobile Captureentity other than the Deposit Account owner, at First State Bank or at another financial institution; • Checks (b) are drawn, or otherwise issued, by you on any account of yours maintained at another financial institution unless institution, (c) are prohibited by our then current Procedures pertaining to the Mobile Deposit Service or are in violation of any law, rule or regulation, (d) you notify and receive permission from us prior to submitting the deposit; • Checks payable jointlyknow or suspect, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered know or suspect, are fraudulent in any way, or otherwise not authorized by the owner of the account on which the check is Checks are drawn; • Checks that , (e) have been previously endorsed by a bank (or other institution) and are dated more than six months prior either “substitute checks” (as defined in Regulation CC or that have a future date other applicable federal law or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, regulation) or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks , (f) are drawn on financial institutions that are remotely created checkslocated outside of the United States or territories of the United States, sight or (g) are not payable in US Dollars, and (h) are not acceptable to us for deposit into a Deposit Account as provided in the Account Documentation (Checks described in clauses (a) through drafts(h) each a “Prohibited Check” and, as defined by Reg. CCcollectively, “Prohibited Checks”). If you deposit a Prohibited Check, you agree to indemnify and reimburse us for, and hold us harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s attorneys fees) we may incur associated with any warranty, indemnity or other claim related thereto. You grant us a security interest in all Deposit Accounts or other deposits (whether general or special) of yours at First State Bank, and in all funds in such Deposit Accounts or other deposits, to secure your obligations to us under this AgreementAddendum. This security interest will survive termination of this AgreementAddendum.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) scan and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. Reg CC”). You agree that the image of the check that is transmitted to us Bank (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You further agree that you will not remotely use the Mobile Deposit Service to deposit any Prohibited Check Checks or item. Prohibited Check other items that: (a) are payable to any person or items are as follows: • Checks that were previously deposited by Mobile Captureentity other than you, at First State Bank or at another financial institution; • Checks (b) are drawn, or otherwise issued, by you on any account of yours you maintained at another financial institution unless institution, (c) are prohibited by Bank’s then current Procedures pertaining to the Mobile Deposit Service or are in violation of any law, rule or regulation, (d) you notify and receive permission from us prior to submitting the deposit; • Checks payable jointlyknow or suspect, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered know or suspect, is fraudulent in any way, or otherwise not authorized by the owner of the account on which the check Check is drawn; • Checks that , (e) have not been previously endorsed by a financial institution and are dated more than six months prior either “substitute checks” (as defined in Reg CC or that have a future date other applicable federal law or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, regulation) or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our Bank’s prior express written consent; Rebate checks; • Returned items; • Checks , (f) are drawn on financial institutions that are remotely created checkslocated outside of the United States or Territories of the United States, sight or payable and (g) are not acceptable to Bank for deposit into a deposit account as provided in the Deposit Agreement, which is incorporated herein by reference and made a part hereof (Checks described in clauses (a) through drafts(g) each a “Prohibited Check” and, as defined by Reg. CCcollectively, “Prohibited Checks”). If you deposit a Prohibited Check, you agree to indemnify and reimburse us Bank for, and hold us Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorneys’ fees) Bank may incur associated with any warranty, indemnity or other claim related thereto. Furthermore, if, after first having obtained Bank’s express written consent to do so, you provide Bank with an electronic representation of a substitute check for deposit into an Account instead of an original Check, you agree to indemnify and reimburse Bank for, and hold Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with Bank incurs because any warranty, indemnity or other claim related theretosuch substitute check resulting from such electronic representation does not meet applicable substitute check standards and/or causes duplicate payments. You grant us Bank a security interest in all Accounts or other deposits (whether general or special) of yours at First State the Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us Bank under this Agreement. This security interest will survive termination of this Agreement.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) scan and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. Reg CC”). You agree that the image of the check that is transmitted to us (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You further agree that you will not remotely deposit any Prohibited Check check or item. Prohibited Check other items that: (a) are payable to any person or items are as follows: • Checks that were previously deposited by Mobile Captureentity other than you, at First State Bank or at another financial institution; • Checks (b) are drawn, or otherwise issued, by you or any affiliate of you on any account of yours maintained at another financial institution unless you notify and receive permission from us prior or of such affiliate, (c) are prohibited by our then current procedures pertaining to submitting the deposit; • Checks payable jointlyRemote Deposit Service (the “Procedures”) or are in violation of any law, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered rule or that regulation, (d) you do know or suspect, or should know/suspect to be altered know or suspect, is fraudulent in any way, or otherwise not authorized by the owner of the account on which the check Check is drawn; • Checks that , (e) are dated more than six months prior either “substitute checks” (as defined in Reg CC or that have a future date other applicable federal law or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, regulation) or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks , (f) are drawn on financial institutions that are remotely created checkslocated outside of the United States or Territories of the United States, sight (g) is a Remotely Created Check, or payable (h) which are not acceptable to us for deposit into a deposit account as provided in the Deposit Agreement, which is incorporated herein by reference and made a part hereof (Checks described in clauses (a) through drafts, as defined by Reg. CC. If you deposit (h) each a “Prohibited Check” and, you agree to indemnify and reimburse us forcollectively, and hold us harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with any warranty, indemnity or other claim related thereto“Prohibited Checks”). You grant us a security interest in all Accounts or other deposits (whether general or special) of yours at First State the Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us under this Agreement. This security interest will survive termination of this Agreement. You may be required to maintain a reserve (“Settlement Reserve”) of an amount to be solely determined by us. You acknowledge and agree that any Settlement Reserve will be deposited in a Bank account for exclusive use by us for purposes of offsetting any of your obligations under this Agreement. You grant us a security interest in any Settlement Reserve to enable us to enforce any obligation owed by you under this Agreement without notice or demand to you. Your obligation to maintain a Settlement Reserve shall survive the termination of this Agreement, with such obligation lasting until all of your obligations under this Agreement have been fully offset.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) scan and deposit a check(s) Check as that term is defined in Federal Reserve Board Regulation CC (“Reg. "Regulation CC”"). You agree that the image of the check Check that is transmitted to us the Credit Union shall be deemed an “item” within the meaning of Article 4 of "Item" as that term is used in the Uniform Commercial Code. You further agree that you will not remotely use Mobile Deposit to deposit any Prohibited a Check or item. Prohibited Check any other Items that: (a) are payable to any person or items are as follows: • Checks that were previously deposited by Mobile Capture, at First State Bank or at another financial institutionentity other than an owner of the Account to which the Item is to be deposited; • Checks (b) are drawn, or otherwise issued, issued by you on or any person or entity affiliated with you including another owner or joint account holder; (c) are prohibited by the Credit Union's then current procedures ("Procedures") governing the use of yours maintained at another financial institution unless Mobile Deposit service or your Account are in violation of any law, rule or regulation; (d) you notify and receive permission from us prior to submitting the deposit; • Checks payable jointlyknow or suspect, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered know or suspect, is a forged or fraudulent in any way, Item or not otherwise not authorized by the owner of the account on which the check Item is drawn; • Checks that are dated more than six months prior (e) has been previously deposited whether as an original Item, substitute check or that have a future date or checks that have exceeded image replacement document, without the “Valid” period. • Checks that the Credit Union's express written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that consent; (f) are drawn on financial institutions that are located outside of the United StatesStates (including the District of Columbia); • Items (g) is a Remotely Created Check as that term is defined in Regulation CC, or (h) which are not paid in United States currency; • Items payable acceptable to another person or entity; • Items that are missing processing information the Credit Union for deposit into an Account at the Credit Union under its then current rules (examples: missing or illegible routing numbers or account numberscollectively "Prohibited Check"); • Checks or items previously converted to a substitute check, or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks that are remotely created checks, sight or payable through drafts, as defined by Reg. CC. If you deposit a Prohibited CheckCheck into an Account using Mobile Deposit, you agree to indemnify and reimburse us for, and hold us the Credit Union harmless from and against, against any and all losses, costs and expenses (including reasonable attorney’s fees) we the Credit Union may incur associated with any warranty, indemnity or other claim arising from or related thereto. You grant us a security interest in all Accounts funds now or other deposits (whether general or specialin the future held by the Credit Union in your Account(s) of yours at First State Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us under this Agreement. This security interest will survive termination You agree that we may place an exception hold of up to 30 calendar days in the event you terminate this AgreementAgreement to permit the Credit Union to satisfy any chargeback or return obligations arising out of or related to the use of Mobile Deposit by you. We may terminate your Mobile Deposit service at any time, in our sole discretion, if we determine your use of Mobile Deposit is inconsistent with safe and sound banking practices.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) scan and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. Reg CC”). You agree that the image of the check that is transmitted to us Bank (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You further agree that you will not remotely use the Snap Deposit Service to deposit any Prohibited Check Checks or item. Prohibited Check other items that: (a) are payable to any person or items are as follows: • Checks that were previously deposited by Mobile Captureentity other than you, at First State Bank or at another financial institution; • Checks (b) are drawn, or otherwise issued, by you on any account of yours you maintained at another financial institution unless institution, (c) are prohibited by Bank’s then current Procedures pertaining to the Snap Deposit Service or are in violation of any law, rule or regulation, (d) you notify and receive permission from us prior to submitting the deposit; • Checks payable jointlyknow or suspect, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered know or suspect, is fraudulent in any way, or otherwise not authorized by the owner of the account on which the check Check is drawn; • Checks that , (e) have not been previously endorsed by a bank and are dated more than six months prior either “substitute checks” (as defined in Reg CC or that have a future date other applicable federal law or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, regulation) or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our Bank’s prior express written consent; Rebate checks; • Returned items; • Checks , (f) are drawn on financial institutions that are remotely created checkslocated outside of the United States or Territories of the United States, sight or payable and (g) are not acceptable to Bank for deposit into a deposit account as provided in the Account Agreement, which is incorporated herein by reference and made a part hereof (Checks described in clauses (a) through drafts(g) each a “Prohibited Check” and, as defined by Reg. CCcollectively, “Prohibited Checks”). If you deposit a Prohibited Check, you agree to indemnify and reimburse us Bank for, and hold us Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorneys’ fees) Bank may incur associated with any warranty, indemnity or other claim related thereto. Furthermore, if, after first having obtained Bank’s express written consent to do so, you provide Bank with an electronic representation of a substitute check for deposit into an Account instead of an original Check, you agree to indemnify and reimburse Bank for, and hold Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with Bank incurs because any warranty, indemnity or other claim related theretosuch substitute check resulting from such electronic representation does not meet applicable substitute check standards and/or causes duplicate payments. You grant us Bank a security interest in all Accounts or other deposits (whether general or special) of yours at First State the Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us Bank under this Agreement. This security interest will survive termination of this Agreement.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. CC”). You agree that the image of the check that is transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial Code. You further agree that you will not remotely deposit any Prohibited Check or item. Prohibited Check or items are as follows: • Checks that were previously deposited by Mobile Capture, at First State Bank or at another financial institution; • Checks are drawn, or otherwise issued, by you on any account of yours maintained at another financial institution unless you notify and receive permission from us prior to submitting the deposit; • Checks payable jointly, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered or fraudulent in any way, or otherwise not authorized by the owner of the account on which the check is drawn; • Checks that are dated more than six months prior or that have a future date or checks that have exceeded the “Valid” period. • Checks that the written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that are drawn on financial institutions that are located outside of the United States; • Items that are not paid in United States currency; • Items payable to another person or entity; • Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); • Checks or items previously converted to a substitute check, or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks that are remotely created checks, sight or payable through drafts, as defined by RegXxx. CC. If you deposit a Prohibited Check, you agree to indemnify and reimburse us for, and hold us harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with any warranty, indemnity or other claim related thereto. You grant us a security interest in all Accounts or other deposits (whether general or special) of yours at First State Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us under this Agreement. This security interest will survive termination of this Agreement.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) scan and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. "Reg CC”"). You agree that the image of the check that is transmitted to us Bank (each such check and other item a "Check" and, if more than one, "Checks") shall be deemed an “"item” " within the meaning of Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You further agree that you will not remotely use the MCDS to deposit any Prohibited Check Checks or item. Prohibited Check other items that: (a) are payable to any person or items entity other than you, (b) are as follows: • Checks that were previously deposited prohibited by Mobile CaptureBank’s then current Procedures pertaining to the MCDS or are in violation of any law, at First State Bank rule or at another financial institution; • Checks are drawnregulation, (c) you know or suspect, or otherwise issuedshould know or suspect, by you on any account of yours maintained at another financial institution unless you notify and receive permission from us prior to submitting the deposit; • Checks payable jointly, unless deposited into an account in the name of all payees • Credit card convenience check and savings bonds; • Checks that have been altered or that you do or should know/suspect to be altered or is fraudulent in any way, or otherwise not authorized by the owner of the account on which the check Check is drawn; • Checks , (d) have not been previously endorsed by a financial institution and are either "substitute checks" (as defined in Reg CC or other applicable federal law or regulation) or "image replacement documents" that are dated more than six months purport to be substitute checks, without Bank’s prior or that have a future date or checks that have exceeded the “Valid” period. • Checks that the express written and numerical amounts do not match. • Checks that are not signed by the payee. • Checks that consent, (e) are drawn on financial institutions that are located outside of the United States or Territories of the United States; • Items that , and (f) are not paid acceptable to Bank for deposit into a deposit account as provided in United States currency; • Items payable to another person or entity; • Items that are missing processing information the Terms and Conditions, which is incorporated herein by reference and made a part hereof (examples: missing or illegible routing numbers or account numbersChecks described in clauses (a) through (f) each a "Prohibited Check" and, collectively, "Prohibited Checks"); • Checks or items previously converted to a substitute check, or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent; Rebate checks; • Returned items; • Checks that are remotely created checks, sight or payable through drafts, as defined by Reg. CC. If you deposit a Prohibited Check, you agree to indemnify and reimburse us Bank for, and hold us Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorneys’ fees) Bank may incur associated with any warranty, indemnity or other claim related thereto. Furthermore, if, after first having obtained Bank’s express written consent to do so, you provide Bank with an electronic representation of a substitute check for deposit into an Account instead of an original Check, you agree to indemnify and reimburse Bank for, and hold Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with Bank incurs because any warranty, indemnity or other claim related theretosuch substitute check resulting from such electronic representation does not meet applicable substitute check standards and/or causes duplicate payments. You grant us Bank a security interest in all Accounts or other deposits (whether general or special) of yours at First State the Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us Bank under this Agreement. This security interest will survive termination of this Agreement.

Checks Deposited and Security Interest. You hereby agree that you will only take photos (or “images”) and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Reg. CC”). You agree that the image of the check that is transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial Code. You further agree that you will not remotely deposit any Prohibited Check or item. Prohibited Check or items are as follows: •  Checks that were previously deposited by Mobile Capture, at First State Bank or at another financial institution; •  Checks are drawn, or otherwise issued, by you on any account of yours maintained at another financial institution unless you notify and receive permission from us prior to submitting the deposit; •  Checks payable jointly, unless deposited into an account in the name of all payees •  Credit card convenience check and savings bonds; •  Checks that have been altered or that you do or should know/suspect to be altered or fraudulent in any way, or otherwise not authorized by the owner of the account on which the check is drawn; •  Checks that are dated more than six months prior or that have a future date or checks that have exceeded the “Valid” period. •  Checks that the written and numerical amounts do not match. •  Checks that are not signed by the payee. •  Checks that are drawn on financial institutions that are located outside of the United States; •  Items that are not paid in United States currency; •  Items payable to another person or entity; •  Items that are missing processing information (examples: missing or illegible routing numbers or account numbers); •  Checks or items previously converted to a substitute check, or “image replacement documents” that purport to be substitute checks, as defined in Reg. CC without our prior written consent;  Rebate checks; •  Returned items; •  Checks that are remotely created checks, sight or payable through drafts, as defined by Reg. CC. If you deposit a Prohibited Check, you agree to indemnify and reimburse us for, and hold us harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we may incur associated with any warranty, indemnity or other claim related thereto. You grant us a security interest in all Accounts or other deposits (whether general or special) of yours at First State Bank, and in all funds in such Accounts or other deposits, to secure your obligations to us under this Agreement. This security interest will survive termination of this Agreement.