HomeMy WebLinkAbout04-17-14 IN THE CIRCUIT COURT
FOR CUMBERLAND COUN'I'I', PENNSYLVANIA
PROBATE DIVISION
In Re: ESTATE OF
Neil O Peiffer
Deceased
File Number:21-i4-oi59
Division:Probate
Statement of Claim
The undersigned hereby presents for filing against the above estate this statement of claim and
alleges:
i. The basis for probate claim is for the payoff on the decedents cosigned education loan.
2. The name and address of the claimant is
Wells Fargo Bank, N.A.
P.O. Box 5i85
Sioux Falls, SD 57ii�-5i85
3. The amount of the claim is $i2,68i.4i,which is the amount now due and owing, or, if not
due,will become due on April i, 2oi4.
4. The claim is not contingent.
5. The claim is not secured.
Under penalties of perjury, I have read the foregoing and the facts alleged are true,to the best of
my knowledge and belief.
Executed this i of A ril �
_ �?,2oia Brian Ber
Signature of Claimant
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C&C 1355(03-13) �
Welis Fargo Collegiate� Loan
2009 - 2010 LOAN REQUEST/CONSUMER CREDIT AGREEMENT . �
All requested infortnation must be completed by the Student Borrower in blue or black ink.
� :�"• •` • •
1. Last Name First Name M.I. 2. Social Security Number or Tax ID Number Date of BiRh(mmlddlyyyy)
PEIFFER KAYLEIGH E � �
4. Permanent Home Address(required)-Street(required),P.O.Box,City,State,ZIP Code
5. Altema6ve Address you want your correspondence sent to-Street,P.O.Box,City,State,ZIP Code(only if different from No.4)
6. Home Phone Number 7.Alternative Phone Number(other than Cell) Cell Phone Number Email Address
( _ ) � ( ) � _ ) �
10. Driver's License Number Issuing State (If none,check here)11. Citizenship Status(check one)�U.S.Citizen or National�Permanent Resident Alien'�Temporary Resident Alien"
�NA For Permanent and Temporary Resident Alien Students:
lease attach a c of the front and back of our R istraFion Card.A U.S.citizen Cosi ner is re uired.
12. Loan Amount Requested(any changes must be ini6aled by each applirant in No.19) 13. School Name,City,State 14. Graduation Date(mmldd/yyyy)
$ 15,500.00 Art Institute of Indianapol ,Indianapoli ,IN 12/20/2010
15. Enrollment Period for use of these funds(mm/yyyy)(should not exceed 12 months) 16. Grade Level(check the box next to the year in school for which this loan will be used)
From: 01/2010 Ta: 09/2010 Undergraduate: ❑Freshman ❑Sophomore �Junior ❑Senior�Other Undergraduate
Graduate: ❑First Year ❑Second Year ❑Third Year ❑Fourth YeadOther Graduate
• � •- � :�--�
17. Reference Name,Address,City,State,ZIP Code(closest relative not residing at same address) 18. Reference Phone Number
ELYSIA MIKKELSEN ( 717 ) 350-0778
NON-NEGOTIABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
I understand that I am not required to fax my signature on nor to sign electronically this Loan RequesUConsumer Credit Agreement("Credit Agreement")and any related notices that require signa-
ture.If I choose to fax my signature on or to sign elecUonically this Credit Agreement and any related no6ces that require signature,I intend:(i)my fax or electronic signature to be an electronic
signature under applicable federal and state law,(ii)any fax printout or printout of Lender's electronic record of this Credit Agreement and related notices to be an original document,(iii)to conduct
business with you by elecUonic records and electronic signatures,(iv)my consent under(iii)to be electronically given under applicable federal and state law,and(v)that this Credit Agreement will
not be govemed by Article 3 of the Uniform Commercial Code,and my obligations under this Credit Agreement will not be subject to,but any transfer of my obligations will be subject to,Article 9 of
the Uniform Commercial Code. THIS IS AN EDUCATION LOAN THAT MUST BE REPAID.
For purposes of the folfowing notices,"you"and"your"means the Student Borrower and Cosigner,not the Lender.
CAUfION-ff IS MPORTAIVTTFIAT YOU THOROUGHLY READ THE CONIRACT BEFORE YOU SIGN ff.I,THE COSIGNER HAVE READ THE APPLICABLE NOTICE TO COSIGNER.
19. NOTICE TO CONSUMER 1.)Do not sign this agreement before you read it,even if otherwise advised.2.)You are entitled to a copy of this Credit Agreement.3.)You may prepay the unpaid
balance at any time without penalty and may be entided to receive a refund of uneamed charges in accordance with law.You have reviewed the information contained on this Credit Agree-
ment,which includes terms on page 1 through 5,and certify that it is true and accurate to the best of your knowledge and belief.You understand that Lender will retain this information whether
or not this loan is approved.Lender is authorized to check your credit and employment history and to answer questions about Lender's credit experience with you.Lender and/or Lender's
agents are also authorized to release any information to the school pertaining to ihis application and specifically any informa6on gathered in the credit review process.You have read,under-
stand,and agree to ihe terms of the°Student Borrower's Certification and Consents"printed on page 4 of this Credit Agreement,and you understand and agree that Wells Fargo Bank,N.A.
will be your Lender. By signing below,you acknowledge that you have received an exact copy of this Credit Agreement.
fEDERAL NOTICE TO COSIGNER:
You are being asked to guarantee this debt.Think carefully before you do.If the borrower doesn't pay the debt,you will have to.Be sure you can afford to pay if you have to,and
that you want to accept this responsibility.You may have to pay up to the full amount of the debt if the borrower does not pay.You may also have to pay fate fees or collection
costs,which increase this amount.The holder of this Credit Agreement may collect this debt from you without first trying to collect from the borrower.The holder of this Credit
Agreement may use the same collection methods against you that may be used against the borrower,such as suing you,garnishing your wages,etc.If this debt is ever i�de•
fault,that fact may become part of your credit record.This notice is not the contract that makes you liable for the debt.
WARNING:Any person who knowingly makes a false statement or misrepresentation on this form is subject to penalties which may incfude fines or imprisonment.
Notice to Cosigner(s):BY SIGNING THIS CREDIT AGREEMENT BELOW,YOU CERTIFY THAT YOU INTEND TO()APPLY FOR JOINT CREDIT AND(ii)BE JOINTLY LIABLE WITH THE
STUDENT BORROWER FOR THIS LOAN.
Signature of Student Borrower Date(mm/ddlyyyy) Cosigner 1 Signature(if applicable) Date(mm/ddlyyyy) Cosigner 2 Signature(if applicable) Date(mm/dd/yyyy)
EFS:32918372009-12-07-15:52:00 EF5:32919412009-12-07-16:04:OD
X Esigned by KAYLEIGH E.PEIFFER 12/07/2009 Esigned by NEIL PEIFFER 12/07/2009
MARRIED WISCONSIN RESIDENTS:My signature confirms that this loan obliga6on is being incurred in the interest of my marriage or family.No provision of any marital property agree-
ment(premarital agreement,unilateral statement under Section 766.59 of the Wisconsin Statutes or court decree under Secfion 766.70 adversely affects the interest of the lender untess the
lender,prior to the 6me that the loan is approved,is fumished with a copy of the marital property agreement,a statement,a decree or has actual knowledge of the adverse provision.If the loan for
which I am applying is granted,my spouse will also receive notification that credit has been extended to me.
I certify that information concerning my spouse is true and accurate.
Signature of Student Borrower-If married Wisconsin resident
X
Name of StudenYs Spouse Spouse's Address-Street,P.O.Box City,State,ZIP Code
NON-NEGOTI ABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.comistudent�1-800-658-3567
Wells Fargo Educa6on Financial Services is a division ot Wells Fargo Bank,N.A. WBI/S FB�(JO COHe9l8[E L08�
0 2009 Wells Fargo Bank,N.A. Equal Opportunity Lender Rev.(02-2009) Page 1 of 7
in this Credit Agreement the words"I,""me,""my,"and"mine"mean the signed beginning on any Disbursement Date and ending on the last day of a
Student Borrower and Cosigner(s), unless the language specifically refers to month):
only one or the other. If more than one person signs this Credit Agreement, (a)Prime Rate:The highest Prime Rate published in The Wall Street Jour-
each person will be jointly and individually liable for the full amount of the loan. nal "Money Rates' table on the last business day of the preceding
month (e.g., Prime Rate published on March 31, 2009, would take ef-
"You,""your,"and`yours"mean Wells Fargo Bank, National Association(N.A.), fect on April 1,2009,for the monthly period from April 1,2009,through
and any other holder of this Credit Agreement. and including April 30, 2009). If The Wafl Street Jouma/is not pub-
A. PROMISE TO PAY lished or the Prime Rate is not stated, then the Prime Rate will be the
1. I promise to pay you,or a subsequent holder,according to the terms of this applicable Prime Rate next published thereafter. If the Prime Rate is
Credit Agreement,which includes terms on pages 1 through 5; the sum of discontinued or substantially altered,you may(at your option)choose a
the Loan Amount Requested, to the extent it �s advanced to me or dis- comparable substitute for the Prime Rate,which will then be used in its
bursed for my benefit, and an amount equal to the Loan Origination Fee place.
described in this Credit Agreement (see Section E) (together the "Loan (b) One-Month LIBOR Rate — The LIBOR means the London Interbank
Amount"); and as further set forth m this Credit Agreement, interest on the Offered Rate. The One-Month LIBOR Rate in effect for each monthly
Loan Amount; interest on any unpaid accrued interest added to the Loan period (from the first day of one month through and including the last
Amount; late charges; reasonable costs of coilection and attorneys' fees; day of the month)will be the highest One-Month LIBOR rate published
and other costs and charges (see Sections F and I), ail in lawful money of in The Wall Street Journal "Money Rates"table on the last business day
the United States of America(see Section M.11). of the preceding month(e.g., 1-Month LIBOR published on March 31,2009,
2 The proceeds of this loan will be used only for the educational and other would take effect on April 1,2009,for the monthly period from April t,2009,
qualified expenses by the signed Student Borrower at the school fisted on through and including April 30, 2009), rounded to the nearest 1/1000. If
this Credit Agreement (the "School"). i understand that when you receive the One-Month LIBOR Rate is discontinued or substantially altered,you
this signed Credit Agreement, you are not agreeing to lend me money. i may(at your option)choose a comparable substitute for the One-Month
understand that this Credit Agreement will be binding on me only if you LIBOR Rate,which will then be used in its place.
agree to lend me money, and that you have no obligation to do so. You (c) 13-WEEK TREASURY BILL —The 13-WEEK TREASURY BILL pub-
have the nght not to make a laan or to lend an amount less than the Loan lished in The Wall Street Journal "Money Rates" table on the fast busi-
Amount Requested and/or to reject my Cosigner(s). I agree to accept an ness day of the preceding month (e.g., 13-week Treasury Bill pubiished
amount less than the Loan Amount Requested and to repay that portion of on March 31, 2009, would take effect on April 1, 2009, for the monthly
the Loan Amount Requested that you actually lend to me along with inter- period from April 1, 2009, through and including April 30, 2009). If The
est and all other amounts I owe (see Section A.1). You have the right, at Wall Street Journal is not published or the 13-WEEK TREASURY BILL
your discretion,to disburse my loan through an agent and/or in multiple in- Rate is not stated, then the 13-WEEK TREASURY BILL Rate will be
stallments. the applicable 13-WEEK TREASURY BILL Rate next published there-
3. If you approve this request and agree to make this loan, you will send me after. If the 13-WEEK TREASURY BILL Rate is discontinued or sub-
loan disclosures as required by Iaw. The loan disclosure you provide me stantially altered,you may(at your option)choose a comparable substi-
under 12 C.F.R. 226.17 (the "Disbursement Disclosure") will identify my tute for the 13-WEEK TREASURY BILL Rate, which will then be used
approved Loan Amount (as determined by you), fee amounts, and rates. in its pface.
The Disbursement Disclosure is incorporated herein by this reference. My 4. Capitalization: I understand that you will add all accrued and unpaid inter-
contractual obligation on this Credit Agreement will begin after I have re- est to the Loan Amount ("capitalized interested") on the last day of the In-
ceived the Disbursement Disclosure. I will promptly review the Disburse- terim Period and at the end of any forbearance/extension period. In all
ment Disclosure and notify you in writing if I have any questions. If any in- cases, the sum is thereafter considered the Loan Amount, and interest will
formation on the Disbursement Disclosure conflicts with the information on accrue on this new Loan Amount.
the Credit Agreement, the information on the Disbursement Disclosure D.TERMS OF REPAYMENT
governs. If I am not satisfied with the terms of my loan as disclosed in the 7.Interim Period —The "Interim Period" will begin on the first disbursement
Disbursement Disclosure, I may cancel this loan and all disbursements as date and will end upon the earliest of the following events:
provided in Section B. 1 will show my agreement to the terms of the loan as a) Six months after I cease to be enrolied at the School, unless I re-enroll
set forth in this Credit Agreement and in the Disbursement Disclosure by in another school eligible under Title IV of the Higher Education Act or
doing any of the following: (a) endorsing the disbursement check; (b) ac- another eligible school approved by you,or
knowledgmg the receipt of loan proceeds by electronic funds transfer; (c) if b) Seven years after the date of my first disbursement.
I am the Student Borrower, attending the School; or(d)othervvise allowing I may but am not required to make principal and interest payments during
the foan proceeds to be used by or on behalf of the Student Borrower with- the Interim Period. You will add unpaid accrued interest and any other
out objection. charges to the Loan Amount on the last day of the Interim Period. If I
B. CANCELLATION choose to make voluntary payments during the Interim Period, I understand
To cancel, I must give you a written cancellation notice within fifteen days of that all interest must be paid before the principal wili be reduced.
receiving the Disbursement Disclosure and take the following steps: not en- 2.Repayment Period — The "Repayment Period" will begin on the day after
dorse or cash any loan disbursement check, notify the School of the loan can- my Interim Period ends and will continue for up to 180 months. You will dis-
celtation, and ensure that any loan disbursements are returned to you. If the close my Repayment Period to me on the Disbursement Disclosure. I will
loan is so canceled, you will not charge me any interest for the loan. If funds make consecutive monthly payments of principal and interest during the
are transmitted electronically, I will instruct the School, within fifteen days of Repayment Period in the amounts and on the payment due dates shown on
receipt by me of the Disbursement Disclosure, to return the funds to you. If I my statements until i have paid all of the principal and interest and any other
cancei after receiving a Disbursement Disclosure reflecting all disbursements charges I may owe under this Credit Agreement. I understand that during
for my loan, I cancel all disbursements. If I give notice of cancellation but do the Repayment Period you may change the monthly payment due date of
not cause the return of the disbursement as stated above, the disbursement future payments for your convenience in processing payments or in order to
wili not be canceled and I will be in default of this Credit Agreement. I hereby coordinate the due dates of all of my loans processed by you, and such
grant you a security interest to secure my obligations under this Credit Agree- change shall be deemed accepted by me unless I object in writing within 10
ment in all amounts owed to me by the School. days of receiving notice of such change.
C. INTEREST 3.Standard Repayment Term — Subject to the terms of Section D.4, I wili
1. Accrual of Interest—Beginning on the first disbursement date, interest on repay my loan in consecutive installments of principai and interest calcu-
the outstanding balance will be calculated at the Variable Rate, described lated at least annually to equal the amount necessary to amortize the un-
below,and charged on the Loan Amount,and on any unpaid interest later paid principal balance of my loan (as of the date of caiculation) in equal
added to the Loan Amount(see Section C.4). Interest will be charged on monthly installments of principal and interest at the Variable Rate then in ef-
the outstanding Loan Amount until the date this Credit Agreement is paid in fect over the number of months remaining in the Repayment Period.
full. Interest will be calculated on a daily simple interest basis.The daiiy in- 4.ForbearancelExtension and Other Repayment Modifications:
terest rate will be equal to the annual interest rate in effect on that day,di- (a) Alternative Repayment Term—I may choose from alternative repay-
vided by the actual number of days in that calendar year. ment options offered by you. To exercise my right to convert to an al-
2. Variable Rate—The Variable Rate is equal to the Prime Rate ternative repayment option, I will notify you in writing of my request.
("Rate Index"),described below,plus a specific Margin of not less than Any Cosigner of this Credit Agreement agrees that the Student Bor-
1.000%and not more than 7.990%("Margin").The Variable Rate will rower may elect any alternative repayment option without notice to, or
change in accordance with the provisions for Change Dates,described consent from,the Cosigner and such election shall not release the Co-
below,and the Variable Rate will never be less than 4.250%and not more signer from Cosigner's obiigations under this Credit Agreement.
(b) Forbearance - You may, at your absolute discretion, grant me a for-
than 11.240%(the"Variable Rate Floor"),regardless of changes to the bearance/extension which will suspend principai and/or interest pay-
Rate Index.You wili disclose the initial Variable Rate,initial specific Margin ments during a short-term hardship period. I understand that(i)during
and Variable Rate Floor to me in the Disbursement Disclosure that you send a forbearance/extension period, interest will continue to accrue and I
to me at the time of the initial disbursement.The Variable Rate will change will remain responsible for paying such interest,and(ii)unpaid interest
monthly on the first day of each month("Change Date")if the Rate Index that accrued during my forbearance/extension period will be capitalized
changes. In no event will the Variable Rate exceed the maximum interest (see Section C.4). If I have multiple education loans you hold, I under-
rate allowed by law for a national bank located in South Dakota with stand and agree that (i) you may, in your soie discretion and without
notice to me,apply an administrative forbearance to align the payment
South Dakota as its home state. due dates of all such loans when they enter repayment, (ii)during this
3. Rate Index — The foliowing describes the "Rate Index" applicable to this forbearance period, interest will continue to accrue on the loans in-
loan for any month beginning on a Change Date (or for any shorter period cluded in the forbearance and I will remain responsible for paying such
interest, and (iii) unpaid interest will be capitalized (see Section C.4).
NON-NEGOTI ABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.comistudent�1-800-658-3567
Wells Fargo EducaGon Financial Services is a division of Wells Fargo Bank,N.A WClIS F8�90 COl/E(Jl8/e Loan
0 2009 Wells Fargo Bank,N.A. Equal Opportuniry Lender Rev.(02-2009) Page 2 ot 7
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Any Cosigner of this Credit Agreement agrees that the Student Bor- remained unpaid for more than 10 days after its scheduled or deferred due
rower may agree to any forbearance or other modification of the re- date or I have not paid my first payment or my last payment within 40 days
payment schedule and that such agreement will not release the Co- of its scheduled or deferred due date;or
signer from Cosigner's obligations under this Credit Agreement. 2. I fail to observe any other covenant of this loan transaction, breach of
5.Amounts Owing at the End of the Repayment Period - Since my loan which materially impairs my ability to pay amounts due under the loan
payment is subject to change at least annually, and my interest rate can transaction.
change(including increases)monthly,my monthly payment may not be suf- I. COLLECTION COSTS AND ATTORNEYS' FEES
ficient to satisfy all the monthly outstanding interest and in such case will not Unless prohibited by law,I agree to pay you all amounts,including reasonable
reduce the principal balance. In addition, since interest accrues daily upon collection agency, attorneys' fees, court costs, and other collection costs
the unpaid principal balance of my loan, if I make payments after my pay- which you incur in enforcing the terms of this Credit Agreement. This in-
ment due date, my payment may not satisfy all of the interest owing and in cludes,subject to any limits or prohibitions under applicable law,your reason-
such case will not reduce the principal balance. As a result of the above, I able attorneys' fees and expenses if you refer the matter to an attorney,
may owe additional principal, interest, and late charges at the end of the whether or not such attorney is an employee of yours, and whether or not
Repayment Period. In such cases,you will increase the amount of my last there is a lawsuit or arbitration, including without limitation, ali reasonable
monthly payment to an amount necessary to repay my loan in full. attorneys' fees and legai expenses for appeals, anticipated post-judgment
6. Minimum Repayment- Notwithstanding Sections D.3 and D.4, during the collection services and bankruptcy proceedings (such as case monitoring,
Repayment Period I agree to pay at least $600.00 each year (principal proof of claim and efforts to modify or vacate any alternative stay) plus any
and/or interest) or the unpaid balance on this Credit Agreement, whichever court costs and other sums provided by law.
is less. J. NOTICES
7. Payments-Payments wili be applied(i)first to late charges and other 1. I will send written notice to you within 10 days after any change in my
charges,then to accrued interest,and the remainder to principal,or(ii) name, street address, mailing address, email address,telephone number,
unless prohibited by law,in any other order you determine. cell phone number, or school enrollment status (example.g., if I withdraw
E.LOAN ORIGINATION FEE from the School or transfer to another school participating in this loan pro-
At the fime of each loan disbursement, you will charge me a Loan Origination gram),or change in Cosigner status(i.e.,death or bankruptcy).
Fee equal to 0.000% of the sum of the loan disbursement plus the Loan Origi- 2. Any notice required to be given to me by you will be effective when mailed
nation Fee(which is the same as 0.000% of the Disbursement Amount divided by first class mail to the latest address you have for me, or seni electroni-
by 1.0000 ).The dollar amount of the Loan Origination Fee will be disclosed to cally to the internet address you have for me as reflected in your current
me on my Disbursement Disclosure, included in the Loan Amount, and re- records, or sent electronically to me through Wells Fargo Online Mes-
flected in the amount of each disbursement. At the time any disbursement is sages 8 Alerts.
issued, you will deduct a proportionate amount of the Loan Origination Fee K. CREDIT BUREAU REPORT AND INFORMATION SHARING
from the Disbursement Amount. If for any reason you do not withhold my Loan 1. You may report information about my account to credit bureaus. Late
Origination Fee from any disbursement and I have not already paid that fee, I payments, missed payments, or other defaults on your account may
agree to pay it when you bill me for it. To the extent permitted by law, and be reflected in my credit report.
unless I cancel any disbursement in accordance with Section B, I will not be 2. I understand that the reporting of information about my account to credit
entitled to any reimbursement of the Loan Origination Fee. bureaus may adversely affect my credit rating and my ability to obtain other
F. LATE PAYMENT AND OTHER CHARGES credit. You may also provide the School with certain personalfy identifiable
1. I will pay a late charge if I fail to make any part of an installment payment information about me (such as my Social Security Number and my loan ID
within 10 days after it becomes due.A late charge will be the greater of 5% number) and report the status of my loan and my payment history, includ-
of the installment, or$28.00. I will pay only one late fee for any payment, ing information about a late payment, missed payment or other defaults, to
regardless of the number of days it is late. the School and others in accordance with applicable law.
2. Other Charaes: I understand that you may offer additional services from 3. I authorize you to gather and share from time to time credit-related, em-
time to time and you will disclose in advance the cost of the additional ser- ployment and other information about me (including any information from
vices before I agree to pay for the charge. this Credit Agreement or about this loan, my other education
G. RIGHT TO PREPAY loans/accounts, or my payment history) from and with consumer reporting
Prepayment-I have the right to prepay this Credit Agreement in part or in full agencies,the School and others in accordance with applicable faw, includ-
at anytime without penalty. I also understand and agree that partiai prepay- ing without limitation the disclosure to the Student Borrower, and/or Co-
ment of the loan does not relieve me of my obligation to continue making signer in connection with this transaction or any future transaction with you
regularly scheduled monthly payments on the remaining balance of the loan. regarding this loan program, of all information(including status information
H. WHOLE IOAN DUE and non-pubfic personal information) of Student Borrower and/or Cosigner
My failure to receive a billing statement and any other written payment notices provided in connection with this Credit Agreement. I understand that a
from you does not relieve me of my responsibility and obligation of making my credit report is obtained for this loan request. If you agree to make this
required loan payments in accordance with the terms and conditions of the loan to me, a consumer credit report may be requested or used in connec-
Credit Agreement. You may report my payment history to credit reporting tion with renewals or extensions of any credit for which I have applied, re-
agencies. If I default,I will be required to pay interest on this loan accruing after viewing my loan,taking collection action on my loan,or legitimate purposes
default at the same rate of interest applicable to this loan prior to my default. associated with my loan. If I live in a community property state, I authorize
The interest rate after default will be subject to adjustment in the same manner you to gather credit-related information from others about my spouse. If I
as before default. Subject to applicable law, I will be in default and you have ask you, you will tell me if you have requested information about me (or
the right to give me notice that the whole outstanding principal balance, ac- about my spouse, if applicable) from a consumer-reporting agency and
crued interest, and all other amounts payable to you under the terms of this provide me with the name and address of any agency that furnished you
Credit Agreement are due and payable at once and to cease to make further with a report.
disbursements to me(subject to any applicable law which may give me a right L. STATE LAW NOTICES
to cure my default),if any one or more of the following events of default occur: Each of the following notices applies only to residents of the state indi-
1. I fail to make the full amount of any monthly payment to you within 10 cated: ARIZONA RESIDENTS: I agree to pay an effective rate of interest
days after it is due;or equal to the rate of interest applicable to this Credit Agreement, as set forth in
2. I fail to notify you in writing of a change in my name, address, telephone Section C above, plus any additional rate of interest resulting from any other
number,or school enrollment status within 10 days after a change occurs; fees or charges paid or payable by me in connection with this Credit Agree-
or ment that may be deemed to be interest under applicable law. CALIFORNIA
3. I break any of my other promises in this Credit Agreement;or RESIDENTS: I have the right to prohibit the use of information contained in my
4. Any bankruptcy proceeding is begun by or against me, or I assign any of credit file in connection with transactions not initiated by me. t may exercise
my assets for the benefit of my creditors;or this right by notifying the consumer credit reporting agency.A married applicant
5. I make any false, misleading, or materially incomplete statement in apply- may apply for a separate account If my application is denied or I refuse your
ing for this loan, or any other student or education loan, or to you at any counter-offer and your decision was based, in whole or part,on i�formation in a
time during the Interim Period or Repayment Period;or consumer credit report, I have the right to obtain a free copy of the report from
6. I die;or ' the consumer reporting agency within 60 days. I have the right to obtain a copy
7. I am in default on any loan(s) I may already have with you or on any of my consumer credit report from any other credit reporting agency which
loan(s) I may have with you in the future;or compdes and maintains files on consumers on a nationwide basis. I have the
8. I am declared legally incompetent or incapacitated;or right to dispute the accuracy or completeness of any information in a consumer
9. You reasonably believe that I am not paying my debts as they become due credit report furnished by any agency. CALIFORNIA and UTAH RESIDENTS:
or any other event occurs that in your judgment significantly decreases the As required by California and Utah law, I am hereby notified that a negative
likelihood of my performance. credit report reflecting on my credit record may be submitted to a credit report-
Idaho lowa, Kansas. Maine. Missouri. Nebraska and South Carolina Resi- �ng agency if I fail to fulfill the terms of my credit obligations. GEORGIA RESI-
dents:The following events of default apply(instead of those described in 1-9 DENTS: I waive any right to require the Lender to take action against the prin-
above): cipals as provided in O.C.G.A. § 10-7-24. IOWA RESIDENTS: If my Loan
1. I fail to make any monthly payment to you within 10 days after its due Amount is$25,000 or Iess,this is a consumer credit transacfion. IOWA, KAN-
date;or SAS. AND NEBRASKA RESIDENTS: NOTICE TO CONSUMER 1. Do not
2. I fail to observe any other covenant of this Ioan transaction which materi- sign this agreement before you read it. 2. You are entitled to a copy of this
ally impairs my prospect to pay amounts due under this loan transaction. agreement. 3.You may prepay the unpaid balance at any time without penalty
Wisconsin Residents: The following events of default apply(instead of those and may be entitled to receive a refund of unearned charges in accordance
described in 1-9 above); with law. MAINE, NEW YORK. RHODE ISLAND. AND VERMONT RESt-
1. I permit to be outstanding an amount exceeding one full payment that has DENTS: You may obtam a consumer report (credit report) in connection with
this loan application and in connection with any updates, renewals, or exten-
NON-NEGOTI ABLE CREDIT AGREEMENT-THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.com/student�1-800-658-3567
Wells Fargo Education Financial Services is a division of Wells Fargo Bank,N.A. WElls Far90 COde9iafE Loan
O 2009 Wells Fargo Bank,N.A. Equal Opportuniry Lender Rev.(02-2009) Page 3 oi 7
sions of any credit as a result of this application. If I request, I will be informed me at any telephone number(s) associated with my Account, including
whether or not consumer reports were obtained, and if reports were obtained, I wireless telephone numbers that could result in charges to me. The man-
will be informed of the names and addresses of the consumer reporting agen- ner in which these calls or text messages are made to me may include, but
cies (credit bureaus) that furnished the reports. You also may obtain a con- is not limited to,the use of prerecordedlartificial voice messages and/or an
sumer report (credit report) in connection with the review or colfection of any automatic telephone dialing system. I further agree that, in order for you to
loan made to me as a result of this application or for other legitimate purposes service the Account or to collect any amounts I owe,you may send emails
related to any such Ioan. MARYLAND RESIDENTS: You elect Subtitle 10, to me at any email address I provide to you.
Credit Grantor Closed End redit Provisions,of Title 12 of the Commercial Law 10. I fully understand that failure to complete or dissatisfaction with the educa-
Article of the Annotated Code of Maryland only to the extent not inconsistent tional program undertaken by the Student Borrower does not relieve me of
with 12 U.S.C. §85 and retated regulations and opinions,which you expressly any obligation pursuant to this Credit Agreement. I understand and ac-
reserve. INDIANA AND MAINE RESIDENTS: The provisions of this Credit knowledge that you do not in any way endorse, promote,or make any rep-
Agreement regarding the payment of collection agency costs and court costs resentations concerning any school including without limitation to the
and where lawsuits must be filed do not apply to Maine or Indiana residents. school. It is my responsibility to determine the quality of the school.
MISSOURI RESIDENTS: ORAL LOAN AGREEMENTS OR COMMITMENTS 11. All dollar amounts stated in this Credit Agreement are in United States
TO LOAN MONEY, EXTEND CREDIT, OR FORBEAR FROM ENFORCING dollars. I will make all payments in United States dollars with no deduction
REPAYMENT OF DEBT, INCLUDING PROMISES TO EXTEND OR RENEW for currency exchange.
SUCH DEBT, ARE NOT ENFORCEABLE. TO PROTECT ME (BOR- 12. Obligation to Pay Survives Death or Disability: I acknowledge that if I die or
ROWER(S))AND YOU (CREDITOR) FROM MISUNDERSTANDING OR DIS- become disabled while any amount due under this Credit Agreement re-
APPOINTMENT, ANY AGREEMENTS WE REACH COVERING SUCH MAT- mains unpaid,I am still obligated to repay this loan.
TERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE 13. By signing this Credit Agreement,to the extent permitted by applicable law,
AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EX- I hereby ratify,confirm,and acknowledge the validity of all prior Promissory
CEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. NEVADA Notes and/or Credit Agreements I have signed with you for this loan pro-
RESIDENTS: This is a loan for study. NEW JERSEY RESIDENTS: The sec- gram. I intend and agree that all such Promissory Notes and/or Credit
tion headings of this Credit Agreement are a table of contents and not contract Agreements shall be binding on me. The consideration for this affirmation
terms. Portions of this Credit Agreement with references to actions taken to the is the new credit extended by you to me under this Credit Agreement.
extent of"applicable lav✓' apply to acts or practices that New Jersey law per- 14. All parties to this Credit Agreement agree to fulfy cooperate and adjust all
mits or requires. In this Credit Agreement,acts or practices(i)by you which are typographical, computer, calculation, or clerical errors discovered in any or
or may be permitted by"applicable Ia�J'are permitted by New Jersey law, and all of the loan documents including the Credit Agreement, conditional ap-
(ii) that may or will be taken by you uniess prohibited by "appiicable IaW' are proval notice,and Disbursement Disclosure. In the event this procedure is
permitted by New Jersey law. OHIO RESIDENTS: The Ohio laws against used, all parties invofved will be notified and receive a corrected copy of
discrimination require that all creditors make credit equally available to ali cred- the changed document.
itworthy customers, and that credit reporting agencies maintain separate credit 15. If I fax my signature(s)on the signature page of this Credit Agreement back
histories on each individual upon request. The Ohio Civil Rights Commission to you and keep the copy I signed, I understand that under federal law the
administers compliance with this law. fax you receive will be an original of the signature page of this Credit
VERMONT RESIDENTS: NOTICE TO CO-SIGNER: YOUR Agreement. You and I agree that all copies of this Credit Agreement (in-
SIGNATURE ON THIS NOTE MEANS THAT YOU ARE cluding the fax you receive and the copy I retain)taken together shall con-
stitute a smgle original agreement.
EQUALLY LIABLE FOR REPAYMENT OF THIS LOAN. IF 16.(a)If I sign this Credit Agreement electronically,then:(i)You agree to keep
THE BORROWER DOES NOT PAY, THE LENDER HAS THE an electrornc record of the signed Credit Agreement and provide a pnnted
copy to me upon request,and(ii)I agree to download and/or print a copy of
LEGAL RIGHT TO COLLECT FROM YOU. this Credit Agreement for my records when I sign it. I understand and
M. ADDITIONAL AGREEMENTS agree that my electronic signature will be just as valid as my handwritten
1. Unless prohibited by applicable law,this Credit Agreement, as well as your signature on a paper document. (b)I agree that this Credit Agreement may
rights and duties and my rights and duties regarding this Credit Agreement, be signed separately by each Student Borrower or Cosigner in multiple
will be governed by and interpreted in accordance with applicabie federal counterparts,each of which may be either electronic or on paper. I agree
laws and the laws of the State of South Dakota,without regard to conflict of that any electronic or printed copy of a signed counterpart of this Credit
law rules. I acknowledge that this choice of law is made because you are a Agreement will be treated as an"original"for all purposes,including any le-
national banking association with your main office located in South gal action to collect amounts that I owe.
Dakota,and to insure uniform procedures and interpretation for all custom- 17. If any of the charges on the loan I receive under this Credit Agreement
ers no matter where they reside. exceed the amount permitted to be charged by the law that governs this
2. By accepting past due payments you do not waive or affect any right to Credit Agreement, then such charges will be reduced to such permitted
accelerate this Credit Agreement. Unless prohibited by applicable law, I amount and any excess already coltected will be applied as a partial pre-
waive notice of dishonor, notice of protest, presentment, demand for pay- payment of principal.
ment, and all other notices or demands in connection with the delivery, ac- �8• If this Credit Agreement is executed by more than one borrower, each bor-
ceptance, performance, default or enforcement of this Credit Agreement. rower agrees that any communication between you and any of the borrow-
My responsibility for repayment of the loan evidenced by this Credit ers will be binding on all of the borrowers and that the provisions of this
Agreement is unaffected by the fiability of any other person to me or to you. Credit Agreement v�nll apply to all borrowers individua�ly and collectively.
I consent to any and all extensions, renewals, or releases of any party li- 19. For purposes of this Section M.19 only, "I" "me", and "my" refer to
able upon this laan or any other loan I have with you or waiver or modifica- the Cosigner only. My obligation under this Credit Agreement is uncondi-
tion that may be granted by you, all without affecting or releasing me from tional and absolute. I intend to be treated as a principal of this Credit
such loans. Agreement and not as a surety.To the extent I may be treated as a surety,
3. If any provision of this Credit Agreement is held invalid or unenforceable,in I waive all notices to which t might be entitled by taw as a guarantor of the
whole or in part,that provision shall be considered omitted from this Credit Student Borrower's obligations hereunder. I waive all suretyship defenses
Agreement without affecting the validity or enforceability of the remainder that might be available to me (including, without limitation, contribution,
of this Credit Agreement. subrogation,and exoneration). It shall not be necessary for you to resort to
4. Except as provided in Section M.14,any provision of this Credit Agreement or exhaust your remedies against the Student Borrower before calling upon
may only be modified if jointly agreed upon in writing by you and me. Any me to make repayment.As Cosigner, I agree that if the Student Borrower is
modification will not affect the validity or enforceability of the remainder of released from liability on this loan for any reason, including infancy, I
this Credit Agreement. hereby consent to such release and to my continued liability for this loan af-
5. I understand that this loan is a Qualified Education Loan and as such,will ter such release. I acknowledge that I have read, understand, and agree to
not be automatically discharged in bankruptcy. In order to discharge a loan the terms of the Federal Notice to Cosigner and any state cosigner notice
in bankruptcy,I must prove undue hardship in an adversary proceeding be- you have provided to me.
fore the bankruptcy court. N. STUDENT BORROWER'S CERTIFICATION AND CONSENTS
6. I may not assign this Credit Agreement or any of its benefits or obligations, I declare that the following is true and correct. I cerlify that the information con-
and my obligations under this Credit Agreement will be binding on my es- tained in my Credit Agreement for this loan is true, complete and correct to the
tate. You may sell, transfer, or assign this Credit Agreement at any time best of my knowledge and belief, and is made in good faith. I certify that I am a
without notice to me. The terms and conditions of this Credit Agreement citizen or Permanent Resident Alien of the United States of America, or that I
appty to,bind,and inure to the benefits of your successors and assigns. am a Foreign National applying with a qualified Cosigner(s). I understand this
7. You may delay or fail to exercise, or waive any of your rights on any occa- is a private, non-federal student loan and I also certify that I have separately
sion without losing your entitlement to exercise the right at any future time applied for all federal loans that I am eligible to receive. I understand and agree
or on any future occasion. All waivers must be in writing. that the Lender will be Wells Fargo Bank, N.A. I hereby authorize the School to
8. Without losing any rights under this Credit Agreement,you may accept late Pay to you any refund which may be due to me up to the amount of this loan. I
payments, partial payments, post-dated checks, or any form of payment certify that the proceeds of this loan will be used for educational expenses at
marked "paid in full" or containing any other restrictive endorsement. the School named and for the loan period stated on the Credit Agreement I
Unless I enter into an express written agreement with you, no restrictive understand that I must immediately repay any funds that I receive which cannot
endorsement on any payment shall constitute an accord and satisfaction of reasonably be attributed to meeting my educational expenses related to atten-
or a waiver of any rights we have to receive the total amount due under this dance at the School for the loan period requested.At your option, I understand
Credit Agreement. that you may either electronically transmit funds to the School to be applied to
9. Important Notice to Our Customers Regarding Communications 1 my account or if you issue check(s), I authorize you to issue a check made
agree, in order for you to service the Account or to collect any amounts I Payable to me, payable to the School, or jointly payable to me and the School,
owe, you may from time to time make calls and/or send text messages to and send it to the School. If the funds are electronically transmitted, I hereby
NON•NEGOTI ABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.comistudent�1•800-658-3567
Wells Fargo Educa6on Financial Services is a division of Wells Fargo Bank,N.A. WEllS F8!(JO COl/E[JlBtE Loan
0 2009 Wells Fargo Bank,N.A. Equal Opporluniry Lender Rev.(02-2009) Page 4 of 7
authorize the School to transfer funds to my student account at the School. I 2. RULES: If arbitration is elected,it will be conducted pursuant to the rules of
also certify the following: I have read the material explaining the loan program the American Arbitration Association which are in effect on the date a dis-
that has been provided to me. I understand the provisions of the loan program, pute is submitted to the American Arbitration Association.Information about
my responsibilities, and my rights under this loan program. I certify that i am the American Arbitration Association,its rules,and its forms are available
not now in default on a Federal Perkins Loan, a Federal Stafford Loan,a Fed- 3. from the American Arbitration Association on the internet at
erally Insured Student Loan, a Federal Supplemental Loan for Students(SLS), http://wvwv.adr.org or from the American Arbitration Association at 335
a Federal PLUS Loan, an Income Contingent Loan, a Federal Consolidation Madison Avenue, Floor 1 Q, New York, New York 10017-4605.Any hearing
Loan, a Federal Direct Loan, or any other education loan received for atten- will take place in the county of my residence.The arbitrator shall be neutral
dance at any school. and any party may require that the arbitrator be a refired federal judge.The
I further autnorize the School or any other school that I may attend to(i) arbitrator shall apply all applicable law and shali provide a written decision
receive, provide, and confirm information from and with you regarding that includes findings of fact and conclusions of law. Judgment upon the
my attendance, financial aid, or status as may be relevant to considera- award issued by the arbitrator may be entered in any court having jurisdic-
tion of this Credit Agreement and(ii)release to you and your agents and tion.
any insurer and its agents any requested information pertinent to this 4. CLASS CLAIMS OR CONSOLIDATED CLAIMS: THERE IS NO AU-
loan (e.g., employment, prior loan history, enrollment status, current ad- THORITY FOR ANY CLAIMS TO BE ARBITRATED AS A CLASS AC-
dress). For purposes of learning my current address and telephone TION OR CONSOLIDATED WITH THE CLAIMS OF OTHER PERSONS.
number, I authorize you and your agents and any insurer and its agents 5. FEDERAL ARBITRATION ACT: The parties agree the Credit Agreement
to release information and make inquiries to the individual(s) I provided involves"interstate commerce"and shall be governed by the Federal Arbi-
as a reference as part of my application or otherwise given you in con- tration Act ("FAA"), Title 9, United States Code, and this Agreement shall
nection with this loan. be governed by the provisions of the FAA.
O.FTC NOTICE 6. FEES 8� COSTS: If 1 start an arbitration proceeding, I agree to pay the
The following Notice applies only to loans made to finance educational ex- initial filing fee required under the Rules up to a maximum of $125. The
penses at for-profit schools or schoo�s otherwise subject to the Federal Trade American Arbitration Association may, in the event of extreme hardship on
Commission Holder Rule (16 C.F.R. Section 433.2, as amended), and only if the part of any party, defer or reduce the administrative fees. You agree to
the"Amount Financed"shown on the Disclosure Statement is$25,000 or less: pay for any part of the filing fee and any deposit required under the Rules in
NOTICE: ANY HOLDER OF THIS CONTRACT IS SUBJECT TO ALL excess of$125.You also agree to pay the costs of the arbitration proceed-
CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT ing. If you start an arbitration proceeding,you will pay the filing fee,any de-
AGAINST THE SCHOOL WITH RESPECT TO THE LOAN. RECOVERY UN- posit required under the Rules,and the costs of the arbitration proceeding
DER THIS PROVISION SHALL NOT EXCEED AMOUNTS PAID BY THE Each party shall be responsible for their own attorney, witness, and expert
DEBTOR ON THE LOAN. fees and costs unless the Credit Agreement (or appiicable law) provides
P. SCHOOL'S CERTIFICATION otherwise.
For the purpose of this School Certification only,the words"I,"and"my"refer to 7. CALIFORNIA RESIDENTS ONLY: In the event that you are a California
the School Official, not the Student Borrower or Cosigner. I hereby certify that resident, this Arbitration Agreement shail apply only to disputes in which
the Student Borrower named in this Credit Agreement is accepted for enroll- you seek to recover for yourself an amount of money,not including attorney
ment,or is enrolled in an educational program determined to be eligible for the fees and costs, that exceeds the jurisdictional dollar iimit of the Small
Wells Fargo Collegiate Loan, and that the Student Borrower is eligible for the Claims Court.
loan and for Permanent Resident Alien or U.S. Citizen Student Borrowers the 8. LIMITATION OF RIGHTS: IF ARBITRATION IS ELECTED BY ANY
Loan Amount does not exceed the Student Borrower's cost of education (mi- PARTY UNDER THIS AGREEMENT: (A) i WILL NOT HAVE THE RIGHT
nus other financial aid); for Temporary Resident Atien Student Borrowers the TO GO TO COURT OR TO HAVE A JURY TRIAL; (B)I WILL NOT HAVE
Loan Amount must not exceed the annual loan maximum of$25,000. i further THE RIGHT TO ENGAGE IN PRE-ARBITRATION DlSCOVERY EXCEPT
certify that this institution will comply with all appficable Wells Fargo Collegiate AS PROVIDED IN THE RULES; (C) I WILL NOT HAVE THE RIGHT TO
Loan policies and provisions, and that the information provided in the Student PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS
Borrower Information and School Financial Aid Office Sections are true, com- OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBI-
plete and correct to the best of my knowledge and belief. TRATION; (D) THE ARBITRATOR'S DECISION WILL BE FINAL AND
Q. DISPUTE RESOLUTION PROGRAM:ARBITRATION AGREEMENT BINDING WITH LIMITED RIGHTS TO APPEAL; (E) THIS AGREEMENT
1. RIGHT TO ELECT TO ARBITRATE:Any party covered by this Agreement SUPERSEDES ANY PRIOR ALTERNATIVE DISPUTE RESOLUT�ON
may elect to have any claim, dispute or controversy ("Claim") of any kind AND/OR ARBITRATION AGREEMENT THAT MAY EXIST BETWEEN
(whether �n contract, tort or otherwise) ansing out of or relating to this YOU AND ME; (F)IF ANY PROVISION OF THlS AGREEMENT IS HELD
Credit Agreement,or any prior or future dealings between you and me,re- TO BE INVALID, THE INVALID PROViSION SHALL NOT AFFECT THE
solved by binding arbitration. If any party covered by this Agreement elects ENFORCEMENT OF ANY OTHER PROVISION OF THIS AGREEMENT,
arbitration,that election is binding on all parties to this Agreement.A Claim EXCEPT THAT IF PARAGRAPHS 3, 6 OR 7(C) ARE HELD TO BE iN-
may include, but shall not be limited to,the issue of whether any particular VALID, THEN THIS AGREEMENT SHALL BE NULL AND VOID IN ITS
Claim must be submitted to arbitrafion, or the facts and circumstances in- ENTIRETY.
volved with my signing of this Agreement,or my willingness to abide by the READ THIS ARBITRATION AGREEMENT CAREFULLY. IT LIMITS CER-
terms of this Agreement or the validity of this Agreement.Any such election TAIN RIGHTS, INCLUDING MY RIGHT TO PURSUE A CLAIM IN COURT
may be made at any time.All paRies agree that no party has to initiate an AND MY RIGHT TO HAVE A JURY TRIAL.
arbitration proceeding before exercising remedies of self-help reposses-
sion, non�udiaal foreclosure, replevin or other similar remedies. fn addi-
tion, any party covered by this Agreement retains the right to seek relief in
small claims court for any Claim within the scope of the small claims court's
jurisdiction. The filing of a lawsuit or the pursuit of other self-help remedies
does not mean that any party has waived the right to subsequently elect to
submit a Claim to arbitration.
NON•NEGOTI ABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.comistudent�1-800-658-3567
Wells Fargo Educa6on Financial Services is a division of Wells Fargo Bank,N.A. WBl(S Fdl90 C0llEglBlE L08f1
0 2009 Wells Fargo Bank,N.A. Equal Opportuniry Lender Rev.�02-20Q9) Page 5 of 7
CUSTOMER IDENTIFICATION POLICY NOTICE
To hefp the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions
to obtain, verify, and record information that identifies each person (individuals and businesses) who opens an account. What this
means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us
to identify you. We may also ask to see your driver's license or other identifying documents.
NOTICE TO COSIGNER(S) FOR CALIFORNIA RESIDENTS ONLY:
For the purposes of this Notice to Cosigner, the words "you" and "your' Por el proposito de esta nota al cofirmante, la palabra "youlusted" y
refer to the Cosigner,not to the lender. "youdsu"se refiere a el cofirmante y no al prestamista.
NOTICE TO COSIGNER (Traduccibn en Ingles Se Requiere Por La AVISO PARA EL FIADOR(Spanish Translation Required by Law)
Ley) Se le esta pidiendo que garanfice esta deuda. Pienselo con cuidado
You are being asked to guarantee this debt.Think carefully before you antes de ponerse de acuerdo. Si la persona que ha pedido este
do. If the borrower doesn't pay the debt, you will have to. Be sure you prestamo no paga la deuda, usted tendra que pagarla. Este seguro de
can afford to pay if you have to,and that you want to accept this respon- que usted podra pagar si sea obligado a pagarla y de que usted desea
sibility. aceptar la responsabilidad.
You may have to pay up to the full amount of the debt if the borrower Si la persona que ha pedido el prestamo no paga la deuda, es posible
does not pay. You may also have to pay late fees or collection costs, que usted tenga que pagar la suma total tle la deuda,mas los cargos por
which increase this amount. tardarse en el pago o el costo de cobranza, lo cual aumenta el total de
The creditor can collect this debt from you without first trying to collect esta suma.
from the borrower. The creditor can use the same collection methods EI acreedor (financiero) puede cobrarle a usted sin, primeramente,
against you that can be used against the borrower, such as suing you, tratar de cobrarle al deudor. Los mismos metodos de cobranza que
garnishing your wages, etc. If this debt is ever in default, that fact may pueden usarse contra el deudor, podran usarse contra usted,tales como
become part of your credit record. presentar una demanda en corte, quitar parte de su sueldo, etc. Si al-
This notice is not the contract that makes you liable for the debt. guna vez no se cumpla con la obligacion de pagar esta deuda,se puede
incluir esa informacion en la historia de credito de usted.
Este aviso no es el contrato mismo en que se le echa a usted la re-
sponsabilidad de la dueda.
NOTICE TO WEST VIRGINIA COSIGNER(S)
For the purposes of this Notice to Cosigner, the words"you"and"your" refer to the Cosigner, not to the lender.
This Notice is given to you in accordance with West Virginia law. Please read this Notice carefully and sign below BEFORE you sign the Credit
Agreement.
NOTICE TO COSIGNER(S)
You are being asked to guarantee this debt. Think carefully before you do. If the borrower doesn't pay the debt, you will have to. Be sure you
can afford to pay it if you have to, and that you want to accept this responsibility.
You may have to pay up to the full amount of the debt if the borrower does not pay. You may also have to pay late fees or collection costs,
which increase this amount.
The creditor can collect this debt from you without first trying to collect from the borrower. The creditor can use the same collection methods
against you that can be used against the borrower, such as suing you, garnishing your wages, etc. If this debt is ever in default, that fact may
become a part of your credit record.
This notice is not the contract that makes you liable for the debt.
I have been given a complete copy of this notice and of each writing that obligates me or the debtor on this debt.
(Date) (Signature of Non-Student Cosigner 1)
(Date) (Signature of Non-Student Cosigner 2)
NON-NEGOTI ABLE CREDIT AGREEMENT—THIS IS A CONSUMER CREDIT TRANSACTION
wellsfargo.comistudent�1-800-658-3567
Wells Fargo EducaUOn Financial Services is a division ot Welts Fargo Bank,N.A. WBllS F8�90 CoOe(Ji8/E Loan
0 2009 Wells Fargo Bank,N.A. Equal OppoAuniry LeMer Rev.(02-2009) Page 6 of 7
SUPPLEMENT TO CREDIT AGREEMENT FOR
IOWA,'NEW YORK,AND SOUTH CAROLINA RESIDENTS
For the purposes of this Notice to Cosigner, the words "you" and"your" refer to the Cosigner, not to the lender.
NOTICE TO COSIGNER(S)
You agree to pay the debt identified below although you may not personally receive the property, services, or money. You may
be sued for payment although the person who receives the property, service, or money is able to pay. You should know that the
Totai of Payments listed below does not include finance charges resulting from de(inquency, late charges, repossession, or
foreclosure costs, court costs, or attorneys' fees, or other charges that may be stated in the note or contract. You will also have
to pay some or all of these costs and charges if the note or contract, the payment of which you are guaranteeing, requires the
borrower to pay such costs and charges. If this debt is ever in default, that fact may become part of your credit record.
This notice is not the note, contract or other wrifing that obligates you to pay the debt. Read that writing for the exact terms of
your obfigation.
IDENTIFICATION OF DEBT(S)YOU MAY HAVE TO PAY
(Name of Student-Debtor) (Date)
Wells Farqo Education Financial Services a division of Wells Farqo Bank N A
(Name of Creditor) '
Student Loan $ (plus interest)
(Kind of Debt) (Total of Payments—write in principal amount)
I have been given a complete copy of this notice and of each writing that obligates me or the debtor on this debt.
(Date) (Signature of Non-Student Cosigner 1)
(Date) (Signature of Non-Student Cosigner 2)
Wells Fargo EducaGon Financial Services is a division of Wells Fargo Bank,N.A. WBIIS F8fg0 C0112g18te LoBn
�O 2009 Wells Fargo Bank,N.A. Equal Opportunity Lender Rev.(02-2009) Page 7 of 7