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<br />10804338
<br />Account Neme: STATE bF CO MINED LAND REC BRD SSWITlN; 84-1 1 241 25
<br />OWNERSHIP TYPE: ~ovemrnent/Municipal/PublicFunde
<br />Account Number Issue Date Dapoai! Amount Tarot Mhturtty Date
<br />10804338 January 25, 1990 619,D613.00 12 Months January 26, 1991
<br />Rate Information; Thia Account Is an Interest boating account. The interest rats on the Account is 1,2486 with en annual-percahtega yield of
<br />1,2696.
<br />'the interest rata and annual percentage yield will not change for the term of the account. The Interest rata will be In effect until January 25,
<br />1981. Interest baglna to accrue no later than tha business day wa receive eredl{ for the daposR of nonoash items-(for exempla, chaoke).
<br />IMareat will be compounded monthly and will ba cradFted to the account mbnthly~ interest oh your account wlii be breditdd by adding the
<br />interest Lo the pdncipal. ~.
<br />Balance Irtformation: Ws use Yha dally balance medwd tc calculate dtA intarhat on the acCbun{. Thia method applies s deify periodic rate to
<br />the principal In the account each day, We will uee an irltar6at accrual b8sls of 3B6 for each day in the year,
<br />Umitationa; You must deposit 6500.00 to open this account. You may not make addldonel deposits Inm this account. You may not rt:eka
<br />wlthdrewals from your account until the maturity data.
<br />Tlmo Account Irrformationi Your account will mature on January Z6, 11j97. If you withdraw any oT the principal before the?raturity date, we
<br />will Impose a penalty of three months interest on the amount wtthdrawn. if the account is closed bekra iMereat le"cradNad, you will not
<br />receive the accrued interest. This aoceunt requires the distr(buNan o4 lntere9Y and doaa not allow Interest to remain in dta accduM, Thle
<br />aeeeunt will automadeally renew. You will have 10 calendar days aftbr maturity date to dfdw fudda without ponahy: If you do not
<br />withdraw the funds, each renewal term will bs for an idatdicel period of ti ds the original ter
<br /> Member sla"star sitdthtos oristldvls n o
<br />NON TRANSFERABLE -NON NEGOTIABLE FDIC
<br />TIME DEpOSIt AGbEEl~lhji~ / (` I
<br />We a~pppreciate Your decision to open a time depostt account With us. This Agra en sets fb eartpQin nditiona, rates, antl rUlae that era
<br />specrfic to your AeCOUnt, Each signer acknowledges that the Accounk Noldar ne as plecod tlep alt with the Financial Inetitutlon the
<br />Dsposlt Amount indicated, and hea egr~ed to keep the funds on da4aslt until the Metur(ty Dato. Aa In this Agreement the words °yau",
<br />"Your" or ^Youre" mean the Account HoldarlsL the word "Account' rdsans this Tlme Deposit AecouM anSd the word "AgrbbmeM' moans thi§
<br />Isr valid woof herdateewe %aive CredltsfoWnoncash Items (such he checks drawn ansoth r ftn h ialAinatttutlons) dap shed io o enathe Account
<br />Oepeslts of foreign currency will be converted to U,S, funds ea of We date of tleposh and Will ba roNadtad a9 ouch on our iacoftlPS.
<br />ISSUR DATE. iT you open a Ume daposlt account with Us attar 2:D0 PM on a buslnbas day that we are open, we Will con6{der Wet the
<br />transacdon was made et the opening oT the next business day for issue date and affeMive date purposes,
<br />INTEREST RATE, The interest rate Is the annual refs of Interest paid on the Account Whibh doAS not reflect compounding ('Interest Rate"1, and
<br />is based upoh the irrtereat accrual beaia deeerlbed above.
<br />AUTOMATIC RENEWAL POLICY, if the Account will automatically renew as described above, the Pprincipal amount and.elhyyaid earned Interest
<br />that has not been withdrawn will automatically rehaw on each Maturity Date fnr the tans dosodbed above in cha Time 'AecouM Informadah
<br />section. If the depeslt term causes the msturisy data tv tall on SaturQey, Sundsy, or a ~oliday, the matuflty data will be atljustetl to We next
<br />buelness tlay. Interest en renewed accoums will be ealvuleted at the nteredt rate then n eHact for time deposits of~that Dapostt Amount antl
<br />term If you wish to withdraw funds from your Account, you must noti us during the grace period after the Maturity Data.
<br />EARLY WfTHDRAWAL PENALTY, You have agreed to keep the funds do depbsit uhdl the Maturity Date of your Account. 'Any withdrawal of all
<br />or part of the funds from Your AecouM prior to maturity may r9eUlt in ah early wtthtlrawAl penalty. Wa will consider requsbta tdr early
<br />withdrawal end, i4 granted, the penahY as specified above will apply.
<br />Minimum Required Penaitt~ if you withdraw money within Six (8) days after the datb of deposit, the Minimum Required penalty is seven 17i
<br />days' Blmpla irttarebt on We withdrawn funds. If partial early withdrdwal`ai are permitted ws are re~ulrsd to impose the Minimum Required
<br />Penaty on the ameuntle) withdrawn within six (81 days afcsr each Ppartial withdrewal. The early withdrewal penalty may bo more then fhb
<br />Minimum Required Penalty. You Gay the early Wtthdrawal penalty by ftlrfaltlnh part of the accrued interest bn the Account, If your Account has
<br />not earned enough interest, or If the Interest has been paid, we fake the difference from the principal amount of your Account.
<br />a Maturity Oate Without ah early whhdrowal penalty: {tl wheh
<br />administrative body of vornpatent Jurladlction; or 7 when the
<br />P6 USC 408 and the money is paid within seven (T) days after
<br />fortatt dt least the Ihtarest earned on the withdrawn funds; ar
<br />408 or P8 USC 401, when you reach age 6g 1/2 or become
<br />RIGHT OP SETOFF, Subject to applicable law, we may exerolsa our Hght df setdff or aecUrlty interest against any and all of year Agceunta
<br />(except IRA, Keogh plan and Trust Accountai without notice, for any IlAhillty hr debt of shy of you, Whether joint or individual, whether direct er
<br />continggant, whet ar now or hereafter existingg, and whether arlaing frem overdrafts, endore6ment.4, guarantees, loans, astachmanta,
<br />®®arnishmants, lovles, attornaYS' fens, or other ohligatione, Ii the Account 16 a taint br muttlpla-party ahcount, aaah Joint or mukiple-party dccouHt
<br />Itoldar authorizes us to exercise our right of ssteff against arty and ell Abcvunts of each Account Holder.
<br />OTHER ACCOUNT RULES Tha following rules also apply to the Acccudt.
<br />Surrentlat of Inatrumanl. We may require you to endoree and eufrender thla Agreement tb us when you withdraw funds, transfer dr cloea
<br />yoUf ACCOUnt~ I4 Vou lose this Agreement, ycu egrea tc sign any aNldavk of lost IhettumaM, dr OWer Agreement we may requlra, and agree tb
<br />hold us heYlnlase from liability, pnor to oul honoring your w thdrs al or raqueat
<br />Doath of Avcount Holder. Each Account Holder agrees to notify Ua immedlataly upon the death of shy other Account Holder. YoU agree
<br />that wo may hold the fatale In your Account until we have received ell tequlretl documantetlon and Inatructlans,
<br />Indemnity. If you ask us to follow instructions that we believe might expose us M any clAim, liability or damagas,,wa may refuse to follow
<br />your Instructions er may requlra a band or other protection, including your agrbemerlt to Indemnify us,
<br />Pledge. You egrea not tc pledge your Account without our prior conseht. You may not withdrew funtla from your Account until elf
<br />ebllgadons secured by your Account are satlsfled.
<br />Released and Made Paya°g°pf"e tyniy '~oT'xwarn.~.u s.w~r..,air, oar. ,u sl/~"n.".e. ee..v"r m,xsr
<br />Reclama#ion Resources, Inc.
<br />$on~ld W.
<br />iv Sion
<br />Office of
<br />State of
<br />0TiS'd
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