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<br />Cynthia S Behrends
<br />
<br />476-74-3819
<br />
<br />SUMMARY OF TERMS AND AUTHORIZATIONS
<br />
<br />12. Summary of Terms
<br />Expected Federal Refund '" , , , , , , , , ,
<br />Less SBBT Refund Transfer Processing Fee "'" , , , , , ,
<br />Less Electronic Filing Transmission Fee [or Service Fee for web users):
<br />Expected Proceeds (1), , , , , , , , , , , , , , , , , , , , , , , , , ' , , , , , , , , , , , , , , , , , , ,
<br />
<br />" $
<br />$
<br />$
<br />$
<br />
<br />2,867.00
<br />10.00
<br />12.95
<br />2,844.05
<br />
<br />(1) This is only an estimate, For example, if you have an outstanding RAL from a prior year the outstanding amount will also be deducted from
<br />your refund (see Sections 14 and 15 below).
<br />
<br />13. Deposit Account Authorization. I hereby authorize SBBT to establish a deposit account ('Deposit Account'), subject to the terms and
<br />conditions set forth in Sections 17, 18 and 20 below, for the purpose of receiving my tax year 2001 Federal income tax refund from the IRS.
<br />SBBT must receive an acknowledgement from the IRS that my return has been electronically filed and accepted for processing before the
<br />Deposit Account can be opened. I authorize SBBT to deduct from my Deposit Account the following amounts: (i) the $10 Refund Transfer
<br />Processing Fee; (Ii) the fees and charges related to the preparation, processing and transmitting of my tax return; and (iii) any outstanding RAL
<br />amount pursuant to Sections 14 and 15 discussed below. I authorize SBBT to disburse the balance of the DepositAccount to me after making
<br />all authorized deductions or payments.
<br />
<br />14. Other RAllenders and Collection of Delinquent RAls. I understand that if I have an outstanding RAL with Bank One; Beneficial National
<br />Bank/Household Bank, fsb; County Bank; First Security Bank; Refunds Now; Republic Bank & Trust Company; River City Bank; (the 'Other RAL
<br />Lenders') or SBBT for any prior tax year that has not been discharged in bankruptcy, I hereby irrevocably authorize SBBT to deduct on my
<br />behalf the amount of the outstanding RAL obligation from my Deposit Account after fees and charges have been deducted and apply such funds
<br />to my SBBT debt or forward such funds to the appropriate Other RAL Lender.
<br />
<br />15. SBBT as Debt Collector. If I have an outstanding or delinquent RAL with SBBT or any Other RAL Lender, I understand that SBBT may be
<br />acting as a debt collector hereunder in attempting to collect a debt and may use this authorization and instruction and any information obtained,
<br />consistent with this RT Agreement, to collect outstanding RALs I owe to SBBT and any the Other RAL Lender as noted above in Section 14.
<br />
<br />16. Acknowledgements.
<br />
<br />(a) I understand that: (i) SBBT cannot guarantee the amount of my tax year 2001 Federal income tax refund or the date it will be issued and (ii)
<br />SBBT is not affiliated with the transmitter of the tax return (Intuit) nor warrants the accuracy of the software used to prepare the tax return.
<br />
<br />(b) I agree that Intuit is not acting as my agent nor is under any fiduciary duty with respect to the RT product.
<br />
<br />17. Security Interest and Assignment. I hereby assignto SBBT my 2001 Federal income tax refund, my Deposit Account, and all funds
<br />deposited therein, to the extent of all fees or disbursements authorized by this RT Agreement. I also grant SBBT a security interest in the same.
<br />! agree that SBBT may assign, sell or transfer all or part of its rights arising under this Agreement to a third party or affiliate of SBBT and that
<br />SBBT may make any transfers from the Deposit Account necessary to accomplish said assignment, sale or transfer. I may not revoke this
<br />assignment or security interest.
<br />
<br />18. Truth In Savings Disclosure.
<br />
<br />The Deposit Account is being opened for the purpose of receiving your (both spouses if this is a jointly filed return) tax year 2001 Federal tax
<br />refund. There is no cost to you for opening the Deposit Account. No other deposits may be made to the Deposit Account. No withdrawals will be
<br />allowed from the Deposit Account until all fees, charges, disbursements and payments authorized by this RT Agreement have been paid. No
<br />interest is payable on the deposit; thus the annual percentage yield and interest rate are 0%. The Deposit Account will be closed after all
<br />authorized deductions have been made and any remaining balance has been disbursed to you. Questions or concerns about the Deposit
<br />Account should be directed to: SANTA BARBARA BANK & TRUST, attn.: Refund Anticipation Loan Department, PO Box 1030, Solana Beach,
<br />CA 92075, or to SBBT via the Internet at http://cisc.sbbtral.com.
<br />
<br />19. Direct Deposit Information.
<br />
<br />I want the balance of my refund to be disbursed to me by ACH Direct Deposit to my personal Bank Account designated below. If a joint return
<br />is filed, the Bank Account may be a joint account or the individual account of either spouse. The name on the Bank Account must match the
<br />name of the taxpayer.
<br />
<br />DIRECT DEPOSIT ACCOUNT TYPE: IKJ Checking
<br />
<br />D Savings
<br />
<br />RTN #: 291070001
<br />
<br />Account #:
<br />
<br />6851767820
<br />--------------
<br />
<br />Note: To insure that there are no delays in receiving your refund, please contact your financial institution to confirm that you are using the
<br />correct RTf\! and account number.
<br />
<br />20. Other Required Federal Disclosures.
<br />
<br />Electronic Fund Transfer Disclosures: Our business days are Mondays through Fridays, except holidays. Questions or concerns about your
<br />Deposit Account should be directed to: SANTA BARBARA BANK & TRUST, attn.: Refund Anticipation Loan Department, PO Box 1030, Solana
<br />Beach, CA 92075, or via the Internet at http://dsc.sbbtral.com.
<br />
<br />Types of Fund Transfers: There are two types of fund transfers that may occur to or from your Deposit Account at SBBT. They are: (1) the
<br />deposit of your tax year 2001 Federal income tax refund into the Deposit Account by the IRS, and the subsequent transfer of the funds less any
<br />applicable fees to your designated Bank Account, and (2) in the event there is a collection of a delinquent RAL pursuant to Sections 14 and 15,
<br />the deposit of the tax year 2001 Federal income tax refund into the Deposit Account by the IRS, and the subsequent transfer to SBBT or to
<br />Other RAL Lender of past due amounts.
<br />
<br />FDlA8012 11/09/01
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