Common Contracts
1 similar Borrower Security Contract contracts
ContractBorrower Security Contract • August 9th, 2013
BORROWER 1 NAME BORROWER 2 NAME LOAN/ACCOUNT NUMBER MEMBER’S CHOICE™ BORROWER SECURITY CONTRACT (“Contract”) OPTIONS YOU ELECT THE FOLLOWING OPTION:(check only one box) Option 1 Option 2 Option 3 Option 4 No Protection - Loss of Life- Disability- Involuntary Unemployment - Disability- Involuntary Unemployment - Loss of Life- Disability - Loss of Life Program Fee: Cost per $100 of the Monthly OutstandingLoan Balance* Single$0.340 Joint$0.499 Single$0.275 Joint$0.433 Single$0.207 Joint$0.370 Single$0.075 Joint$0.131 Estimated Total Fees forOption chosen (Closed-End Only) $ 0.00 For the Option elected above, You choose (check only one box): Joint Protection Single Protection for Borrower 1 Single Protection for Borrower 2 This Contract protects the Borrower(s) listed above who elected protection. The protected Borrower(s) may not qualify for all benefits.NOTICES:*If the Outstanding Balance is greater than $50,000, the rate will not be applied to the amount that
