Common use of Lien and Security Interest in Funds Clause in Contracts

Lien and Security Interest in Funds. ‌ We have a lien on the funds in the account(s) you have with us under federal or state law as applicable. This means we have a right to retain the funds in the account(s) you have with us to pay any debt or obligation owed to us. Additionally, you grant us a contractual security interest in the funds in the account(s), checks and EFTs you have an interest in, which also secures any amount you owe us for any reason. Our lien rights, contractual security interest and any right of set off apply no matter the source of funds in the account, check or EFT, including directly deposited government entitlements or benefits such as Social Security de- posits. However, they do not apply to any retirement accounts. At our discretion, we may apply the funds from an account, check or EFT you have any interest in to pay off your obligations to us without notice to you at any time. You agree that if you owe us money and either you or we have terminated an account, we may re-start the account to collect or obtain money owed to us, and may subsequently terminate the account again. You understand and agree that if you owe us money, our lien rights and security interest also apply to any funds, check or item you deposit to an- other owner’s account. You also agree that if you (or anyone you allow to use the accounts, products or services with us) owe us money and we are uncertain whether our lien rights, security in- terest or right of set off apply to funds, we may hold and not re- lease the funds as explained in Provision 21.b. If we decide not to enforce our lien or contractual security interest at any time, our non-action is not a waiver of our right to enforce our lien or securi- ty interest at a later time. You agree that a security interest xxxxx- xx by or on behalf of one owner of an account will continue to se- cure that owner’s obligation to us even after that owner dies.

Lien and Security Interest in Funds. ‌ We have a lien on the funds in the account(s) you have with us under federal or state law as applicable. This means we have a right to retain the funds in the account(s) you have with us to pay any debt or obligation owed to us. Additionally, you grant us a contractual security interest in the funds in the account(s), checks and EFTs you have an interest in, which also secures any amount you owe us for any reason. Our lien rights, contractual security interest and any right of set off apply no matter the source of funds in the account, check or EFT, including directly deposited government entitlements or benefits such as Social Security de- posits. However, they do not apply to any retirement accounts. At our discretion, we may apply the funds from an account, check or EFT you have any interest in to pay off your obligations to us without notice to you at any time. You agree that if you owe us money and either you or we have terminated an account, we may re-start the account to collect or obtain money owed to us, and may subsequently terminate the account again. You understand and agree that if you owe us money, our lien rights and security interest also apply to any funds, check or item you deposit to an- other owner’s account. You also agree that if you (or anyone you allow to use the accounts, products or services with us) owe us money and we are uncertain whether our lien rights, security in- terest or right of set off apply to funds, we may hold and not re- lease the funds as explained in Provision 21.b. If we decide not to enforce our lien or contractual security interest at any time, our non-action is not a waiver of our right to enforce our lien or securi- ty interest at a later time. You agree that a security interest xxxxx- xx by or on behalf of one owner of an account will continue to se- cure that owner’s obligation to us even after that owner dies.

Lien and Security Interest in Funds. ‌ We have To protect all our members’ funds, the law provides us with a lien on the funds in the account(s) you have with us under federal or state law law, as applicable. This means we have a right to retain the funds in the account(s) you have with us to pay any debt or obligation obliga- tion owed to usus by you or another responsible person or organiza- tion. Additionally, to protect all members’ funds, you grant us a contractual con- tractual security interest in the funds in the account(s), checks and EFTs you have an interest in, which also secures any amount you owe us for any reason. Our lien rights, contractual security interest and any right of set off apply no matter the source of funds in the account, check or EFT, including directly deposited government entitlements or benefits benefits, such as Social Security de- positsdeposits. HoweverHow- ever, they do not apply to any retirement accounts. At our discretion, we may at any time apply the funds from an accountac- count, check or EFT you have any interest in to pay off your obligations obli- gations to us without notice to you at any timeyou. You agree that if you owe us money and either you or we have terminated an account, we may re-start the account to collect or obtain money owed to us, and may subsequently sub- sequently terminate the account again. You understand and agree that if you owe us money, our lien rights and security interest also apply to any funds, check or item you deposit to an- any other owner’s accountaccount with us. You also agree that if you (or anyone you allow to use the accounts, products or services with us) owe us money and we are uncertain whether our lien rights, security in- terest or right of set off apply to funds, we may hold and not re- lease the funds as explained in Provision 21.b. If we decide not to enforce our lien or contractual security interest at any time, our non-action is not a waiver of our right to enforce our lien or securi- ty interest at a later time. You agree that a security interest xxxxx- xx by or on behalf of one owner of an account will continue to se- cure that owner’s obligation to us even after that owner dies.the

Lien and Security Interest in Funds. ‌ We have a lien on the funds in the account(s) you have with us under federal or state law as applicable. This means we have a right to retain the funds in the account(s) you have with us to pay any debt or obligation owed to us. Additionally, you grant us a contractual con- tractual security interest in the funds in the account(s), checks and EFTs you have an interest in, which also secures any amount you owe us for any reason. Our lien rights, contractual security interest and any right of set off apply no matter the source of funds in the account, check or EFT, including directly deposited government entitlements or benefits such as Social Security de- positsdeposits. However, they do not apply to any retirement accounts. At our discretion, we may apply the funds from an account, check or EFT you have any interest in to pay off your obligations to us without notice to you at any time. You agree that if you owe us money and either you or we have terminated an account, we may re-start the account to collect or obtain money owed to us, and may subsequently terminate the account again. You understand and agree that if you owe us money, our lien rights and security interest also apply to any funds, check or item you deposit to an- other another owner’s account. You also agree that if you (or anyone you allow to use the accounts, products or services with us) owe us money and we are uncertain whether our lien rights, security in- terest interest or right of set off apply to funds, we may hold and not re- lease release the funds as explained in Provision 21.b. If we decide not to enforce our lien or contractual security interest at any time, our non-action is not a waiver of our right to enforce our lien or securi- ty security interest at a later time. You agree that a security interest xxxxx- xx granted by or on behalf of one owner of an account will continue to se- cure secure that owner’s obligation to us even after that owner dies.

Lien and Security Interest in Funds. ‌ We have a lien on the funds in the account(s) you have with us under federal or state law as applicable. This means we have a right to retain the funds in the account(s) you have with us to pay any debt or obligation owed to usus by you or other responsible person or organization. Additionally, you grant us a contractual security interest in the funds in the account(s), checks and EFTs you have an interest in, which also secures any amount you owe us for any reason. Our lien rights, contractual security interest and any right of set off apply no matter the source of funds in the accountac- count, check or EFT, including directly deposited government entitlements en- titlements or benefits such as Social Security de- positsdeposits. However, they do not apply to any retirement accounts. At our discretion, we may at any time apply the funds from an accountac- count, check or EFT you have any interest in to pay off your obligations obli- gations to us without notice to you at any timeyou. You agree that if you owe us money mon- ey and either you or we have terminated an account, we may re-re- start the account to collect or obtain money owed to us, and may subsequently terminate the account again. You understand and agree that if you owe us money, our lien rights and security interest also apply to any funds, check or item you deposit to an- any other owner’s accountaccount with us. You also agree that if you (or anyone you allow to use the accounts, products or services with us) owe us money and we are uncertain whether our lien rights, security in- terest interest or right of set off apply to the funds, we may hold and not re- lease release the funds as explained in Provision 21.b19.b. If we decide not to enforce en- force our lien or contractual security interest at any time, our non-non- action is not a waiver of our right to enforce our lien or securi- ty security interest at a later time. You agree that a security interest xxxxx- xx granted by or on behalf of one owner of an account the business or organization on its account(s) with us will continue to se- cure secure that ownerbusiness’s or organization’s obligation to us even after until that owner diesobligation is completely satisfied.