PLEASE READ LEGAL TERMS BELOW. TERMS APPLY TO ALL ACCOUNTS. PLEASE SIGN AS APPROPRIATE.
Everything I have stated in this application or information that l have submitted with this application is accurate and true. If Keystone Cooperative, Inc. receives an insufficient funds check from the account holder, and/or as a condition of establishing credit, the following applies. I/We agree to pay the balance due and in addition all applicable FINANCE CHARGES which I/we hereby agree to pay in accordance to all terms and conditions in which I/we are notified from time to time, including but not limited to periodic statements sent to me setting forth the outstanding obligations I/we have to you. All parties agree the laws of the State of Indiana will apply to any dispute regarding this credit application on any amount owed on a Keystone account. I/We hereby agree to pay all attorney fees and court costs if this account is referred to attorneys for collection, without relief from valuation and appraisement laws. In accordance with Article 9 Section 402 of the UCC Code, the buyer further grants to seller a security interest in buyer’s equipment, contract rights, inventories, receivables and proceeds of sales as collateral to secure the buyer’s performance of all obligations. I/we hereby acknowledge Keystone may run a lien search for the entity or individual applying for credit. The applicant further authorizes Keystone to file a financing statement without applicant’s signature. A 1.75% finance charge will be added monthly to all past due balances. This is an annual rate of 21%. By signing, I authorize Keystone to investigate my credit record and report to proper persons and bureaus my performance of this agreement and to answer any questions about their credit experience with me. I authorize Keystone to release this application to my bank in order to obtain a bank reference. See future billing statements for important data.