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					                      First National Bank
                                                                     of Trenton

HOME EQUITY LOANS


Thank you for considering the First National Bank of Trenton for your Home Equity Loan. Listed below are
items necessary in evaluating your request for a Home Equity Loan with the First National Bank of Trenton:


       1. Legal description of homestead property;
       2. Tax Valuation from the appraisal district;
       3. Current payroll stubs;
       4. Last two years W-2’s or Tax Returns;
       5. Completed application.


In addition to the above items, please read, sign and date the enclosed NOTICE CONCERNING
EXTENSIONS OF CREDIT and ADDITIONAL NOTICE CONCERNING EXTENSIONS OF CREDIT,
which were given to you with the application.


Upon receipt of ALL of the above listed items, your request will promptly be evaluated and submitted for
approval.
                  First National Bank
                                                            of Trenton
NOTICE CONCERNING EXTENSIONS OF CREDIT DEFINED BY
SECTION 50(a)(6), ARTICLE XVI, TEXAS CONSTITUTION:
SECTION 50(a)(6), ARTICLE XVI, OF THE TEXAS CONSTITUTION ALLOWS CERTAIN
LOANS TO BE SECURED AGAINST THE EQUITY IN YOUR HOME. SUCH LOANS ARE
COMMONLY KNOWN AS EQUITY LOANS. IF YOU DO NOT REPAY THE LOAN OR IF
YOU FAIL TO MEET THE TERMS OF THE LOAN, THE LENDER MAY FORECLOSE AND
SELL YOUR HOME. THE CONSTITUTION PROVIDES THAT:

(A) THE LOAN MUST BE VOLUNTARILY CREATED WITH THE CONSENT OF EACH
OWNER OF YOUR HOME AND EACH OWNER'S SPOUSE;
(B) THE PRINCIPAL LOAN AMOUNT AT THE TIME THE LOAN IS MADE MUST NOT
EXCEED AN AMOUNT THAT, WHEN ADDED TO THE PRINCIPAL BALANCES OF ALL
OTHER LIENS AGAINST YOUR HOME, IS MORE THAN 80 PERCENT OF THE FAIR
MARKET VALUE OF YOUR HOME;
(C) THE LOAN MUST BE WITHOUT RECOURSE FOR PERSONAL LIABILITY AGAINST
YOU AND YOUR SPOUSE UNLESS YOU OR YOUR SPOUSE OBTAINED THIS
EXTENSION OF CREDIT BY ACTUAL FRAUD;
(D) THE LIEN SECURING THE LOAN MAY BE FORECLOSED UPON ONLY WITH A
COURT ORDER;
(E) FEES AND CHARGES TO MAKE THE LOAN MAY NOT EXCEED 3 PERCENT OF
THE LOAN AMOUNT;
(F) THE LOAN MAY NOT BE AN OPEN-END ACCOUNT THAT MAY BE DEBITED
FROM TIME TO TIME OR UNDER WHICH CREDIT MAY BE EXTENDED FROM TIME
TO TIME UNLESS IT IS A HOME EQUITY LINE OF CREDIT;
(G) YOU MAY PREPAY THE LOAN WITHOUT PENALTY OR CHARGE;
(H) NO ADDITIONAL COLLATERAL MAY BE SECURITY FOR THE LOAN;
(I) THE LOAN MAY NOT BE SECURED BY HOMESTEAD PROPERTY THAT IS
DESIGNATED FOR AGRICULTURAL USE AS OF THE DATE OF CLOSING, UNLESS
THE AGRICULTURAL HOMESTEAD PROPERTY IS USED PRIMARILY FOR THE
PRODUCTION OF MILK;
(J) YOU ARE NOT REQUIRED TO REPAY THE LOAN EARLIER THAN AGREED
SOLELY BECAUSE THE FAIR MARKET VALUE OF YOUR HOME DECREASES OR
BECAUSE YOU DEFAULT ON ANOTHER LOAN THAT IS NOT SECURED BY YOUR
HOME;
(K) ONLY ONE LOAN DESCRIBED BY SECTION 50(a)(6), ARTICLE XVI, OF THE TEXAS
CONSTITUTION MAY BE SECURED WITH YOUR HOME AT ANY GIVEN TIME;
(L) THE LOAN MUST BE SCHEDULED TO BE REPAID IN PAYMENTS THAT EQUAL OR
EXCEED THE AMOUNT OF ACCRUED INTEREST FOR EACH PAYMENT PERIOD;
(M) THE LOAN MAY NOT CLOSE BEFORE 12 DAYS AFTER YOU SUBMIT A LOAN
APPLICATION TO THE LENDER OR BEFORE 12 DAYS AFTER YOU RECEIVE THIS
NOTICE, WHICHEVER DATE IS LATER; AND MAY NOT WITHOUT YOUR CONSENT
CLOSE BEFORE ONE BUSINESS DAY AFTER THE DATE ON WHICH YOU RECEIVE A
COPY OF YOUR LOAN APPLICATION IF NOT PREVIOUSLY PROVIDED AND A FINAL
ITEMIZED DISCLOSURE OF THE ACTUAL FEES, POINTS, INTEREST, COSTS, AND
CHARGES THAT WILL BE CHARGED AT CLOSING; AND IF YOUR HOME WAS
SECURITY FOR THE SAME TYPE OF LOAN WITHIN THE PAST YEAR, A NEW LOAN
SECURED BY THE SAME PROPERTY MAY NOT CLOSE BEFORE ONE YEAR HAS
PASSED FROM THE CLOSING DATE OF THE OTHER LOAN, UNLESS ON OATH YOU
REQUEST AN EARLIER CLOSING DUE TO A DECLARED STATE OF EMERGENCY;
(N) THE LOAN MAY CLOSE ONLY AT THE OFFICE OF THE LENDER, TITLE
COMPANY, OR AN ATTORNEY AT LAW;
(O) THE LENDER MAY CHARGE ANY FIXED OR VARIABLE RATE OF INTEREST
AUTHORIZED BY STATUTE;
(P) ONLY A LAWFULLY AUTHORIZED LENDER MAY MAKE LOANS DESCRIBED BY
SECTION 50(a)(6), ARTICLE XVI, OF THE TEXAS CONSTITUTION;
(Q) LOANS DESCRIBED BY SECTION 50(a)(6), ARTICLE XVI, OF THE TEXAS
CONSTITUTION MUST:
        (1) NOT REQUIRE YOU TO APPLY THE PROCEEDS TO ANOTHER DEBT
        EXCEPT A DEBT THAT IS SECURED BY YOUR HOME OR OWED TO
        ANOTHER LENDER;
        (2) NOT REQUIRE THAT YOU ASSIGN WAGES AS SECURITY;
        (3) NOT REQUIRE THAT YOU EXECUTE INSTRUMENTS WHICH HAVE
        BLANKS FOR SUBSTANTIVE TERMS OF AGREEMENT LEFT TO BE FILLED
        IN;
        (4) NOT REQUIRE THAT YOU SIGN A CONFESSION OF JUDGMENT OR
        POWER OF ATTORNEY TO ANOTHER PERSON TO CONFESS JUDGMENT OR
        APPEAR IN A LEGAL PROCEEDING ON YOUR BEHALF;
        (5) PROVIDE THAT YOU RECEIVE A COPY OF YOUR FINAL LOAN
        APPLICATION AND ALL EXECUTED DOCUMENTS YOU SIGN AT CLOSING;
        (6) PROVIDE THAT THE SECURITY INSTRUMENTS CONTAIN A DISCLOSURE
        THAT THIS LOAN IS A LOAN DEFINED BY SECTION 50(a)(6), ARTICLE XVI,
        OF THE TEXAS CONSTITUTION;
        (7) PROVIDE THAT WHEN THE LOAN IS PAID IN FULL, THE LENDER WILL
        SIGN AND GIVE YOU A RELEASE OF LIEN OR AN ASSIGNMENT OF THE
        LIEN, WHICHEVER IS APPROPRIATE;
        (8) PROVIDE THAT YOU MAY, WITHIN 3 DAYS AFTER CLOSING, RESCIND
        THE LOAN WITHOUT PENALTY OR CHARGE;
        (9) PROVIDE THAT YOU AND THE LENDER ACKNOWLEDGE THE FAIR
        MARKET VALUE OF YOUR HOME ON THE DATE THE LOAN CLOSES; AND
        (10) PROVIDE THAT THE LENDER WILL FORFEIT ALL PRINCIPAL AND
        INTEREST IF THE LENDER FAILS TO COMPLY WITH THE LENDER'S
        OBLIGATIONS UNLESS THE LENDER CURES THE FAILURE TO COMPLY AS
        PROVIDED BY SECTION 50(a)(6)(Q)(x), ARTICLE XVI, OF THE TEXAS
        CONSTITUTION; AND
(R) IF THE LOAN IS A HOME EQUITY LINE OF CREDIT:
        (1) YOU MAY REQUEST ADVANCES, REPAY MONEY, AND REBORROW
        MONEY UNDER THE LINE OF CREDIT;
        (2) EACH ADVANCE UNDER THE LINE OF CREDIT MUST BE IN AN AMOUNT
        OF AT LEAST $4,000;
        (3) YOU MAY NOT USE A CREDIT CARD, DEBIT CARD, OR SIMILAR DEVICE,
        OR PREPRINTED CHECK THAT YOU DID NOT SOLICIT, TO OBTAIN
        ADVANCES UNDER THE LINE OF CREDIT;
        (4) ANY FEES THE LENDER CHARGES MAY BE CHARGED AND COLLECTED
        ONLY AT THE TIME THE LINE OF CREDIT IS ESTABLISHED AND THE
        LENDER MAY NOT CHARGE A FEE IN CONNECTION WITH ANY ADVANCE;
        (5) THE MAXIMUM PRINCIPAL AMOUNT THAT MAY BE EXTENDED, WHEN
        ADDED TO ALL OTHER DEBTS SECURED BY YOUR HOME, MAY NOT
        EXCEED 80 PERCENT OF THE FAIR MARKET VALUE OF YOUR HOME ON
        THE DATE THE LINE OF CREDIT IS ESTABLISHED;
        (6) IF THE PRINCIPAL BALANCE UNDER THE LINE OF CREDIT AT ANY TIME
        EXCEEDS 50 PERCENT OF THE FAIR MARKET VALUE OF YOUR HOME, AS
        DETERMINED ON THE DATE THE LINE OF CREDIT IS ESTABLISHED, YOU
        MAY NOT CONTINUE TO REQUEST ADVANCES UNDER THE LINE OF
        CREDIT UNTIL THE BALANCE IS LESS THAN 50 PERCENT OF THE FAIR
        MARKET VALUE; AND
      (7) THE LENDER MAY NOT UNILATERALLY AMEND THE TERMS OF THE
      LINE OF CREDIT.

THIS NOTICE IS ONLY A SUMMARY OF YOUR RIGHTS UNDER THE TEXAS
CONSTITUTION. YOUR RIGHTS ARE GOVERNED BY SECTION 50, ARTICLE XVI, OF
THE TEXAS CONSTITUTION, AND NOT BY THIS NOTICE.

    THIS IS TO VERIFY THAT I (WE) HAVE RECEIVED A COPY OF THIS DISCLOSURE.

    SIGNED THIS ___________ DAY OF _________, 20___.


                                          __________________________________________
                                          BORROWER

                                          __________________________________________
                                          CO-BORROWER
                                              First National Bank
                                                                                                             of Trenton
THINGS WE THINK YOU SHOULD KNOW ABOUT YOUR HOME EQUITY LOAN

The Texas Constitution allows you to use the equity in your home as collateral for current borrowing needs. There have also been some provisions put in
place that protect consumers. This document describes the provisions included in the Texas Constitution which are designed to protect you and your home as
described in the “Notice concerning Extensions of Credit”.

IT IS IMPORTANT FOR YOU TO KNOW THAT, WHEN YOU USE YOUR HOME AS COLLATERAL FOR THIS LOAN, FAILURE TO MEET THE
TERMS OF THE LOAN AGREEMENT YOU SIGN AT CLOSING CAN CAUSE YOU TO LOSE YOUR HOME. DEFAULT UNDER THE
AGREEMENT WOULD INCLUDE EXCESSIVE LATE PAYMENTS, BANKRUPTCY, FRAUD, FAILURE TO MAINTAIN INSURANCE, ETC.
LIKEWISE, IF WE FAIL TO MEET ANY OF THE PROVISIONS DESCRIBED BELOW, FNB TRENTON WILL FORFEIT THE RIGHT TO COLLECT
ALL PRINCIPLE AND INTEREST ASSOCIATED WITH THIS LOAN.
IN ADDITION, THERE ARE CERTAIN TIMING REQUIREMENTS SET FORTH BY TEXAS LAW THAT AFFECT WHEN YOU MAY RECEIVE
THE PROCEEDS FROM YOUR LOAN. THESE PROVISIONS ARE OUTLINED IN THE SECTION ENTITLED “CLOSING AND
DOCUMENTATION”.
General Provisions

All documents required to create a lien against your homestead property, including the Deed of Trust, will have to be signed by all owners of the real estate
being used as collateral, as well as by their spouses.

Your Home Equity Loan is an installment loan and not a line of credit. This means you will not have ongoing access to these funds. You will receive the
proceeds in one lump sum and be responsible for repaying the loan over a set period of time beginning no later than 60 days from the time you receive your
money.

If you need additional funds that exceed the lump sum, you must apply for a separate loan and qualify for it. YOU MAY NOT HOWEVER, HAVE MORE
THAN ONE HOME EQUITY LOAN OPEN AT A TIME AND YOU MAY NOT OPEN MORE THAN ONE PER 12 MONTH PERIOD. That means
that when you apply, you should request the full amount you think you will need over the next 12 months.

You may be required to pay certain fees to setup and maintain the loan. First National Bank of Trenton cannot charge you more than 3% of the principle
loan amount to setup and maintain the loan. For example, if you apply and qualify for a $50,000 loan, the maximum amount you may have to pay in fees
is 3% of $50,000, or $1,500. If offered during a promotional period, First National Bank of Trenton may pay some or all of these fees. The interest you pay,
discount points and options you select like credit life insurance are not included in the 3% cap. Fees like closing costs and maintenance fees are included in
the 3% cap.

Once you have paid the loan in full, First National Bank of Trenton is required to release or assign the lien, whichever is appropriate.

Collateral

You may use only your homestead property to secure this loan. No additional collateral, real estate or otherwise, may be used to secure the loan. In
addition, agricultural homestead property cannot be used as collateral unless it is used primarily for milk production.

By law, the principle loan amount, along with all other outstanding mortgage debt, cannot exceed 80% of what is determined to be the fair market
value of your homestead property. You will be asked to sign a document at closing acknowledging the fair market value of the homestead property.

Payments

The bank must setup a payment schedule of equal monthly payments. These payments must cover at least the interest accrued since your last scheduled
payment. Likewise, First National Bank of Trenton cannot:
     •   Assess any penalties if you choose to make additional payments or payoff the loan in it’s entirety before the end of the agreed upon term.
     •   Require you to assign future wages as a way to repay the loan in the event of default.
     •   Require you to repay the loan early should the value of the homestead property securing the loan decrease in value.

However, your income will be used to qualify you for this loan, to ensure you have sufficient income to make the required payments.

Purpose

You may use the proceeds for any purpose including education, medical expenses, home improvements and debt consolidation. First National Bank of
Trenton however, cannot require you to use the proceeds to payoff any existing debt with First National Bank unless you choose to do so or unless it
is another loan secured by the same real estate collateral. This means that if you have a first or second mortgage with another bank, First National Bank of
Trenton can request that you borrow enough money to payoff the loan(s). If you choose to consolidate other higher-interest debt into this loan, you may do so
at your discretion. If you choose to do this, you should take any additional balances into consideration when requesting a loan amount and let your lender
know this is something you would like to do.

Closing and Documentation

Once you apply, you will receive the document entitled “Notice concerning extensions of Credit”. Texas law requires you to wait a minimum of twelve
(12) calendar days after you receive this document to close your loan.

If you applied in person, this document will be given to you at the end of the application process and the twelve day waiting period will begin at that time.
Provided your application is approved, you will be able to close your loan no earlier than the thirteenth calendar day after you applied.

If you applied through the mail or over the telephone, this notice will be mailed to you. Since you must receive the notice before the waiting period can begin,
we will add an additional four days mail time before beginning the twelve day waiting period. Provided your application is approved, you will be able to close
your loan no earlier than the seventeenth calendar day after you applied.

If your loan application is approved and the appropriate waiting period has passed, your loan will proceed through the closing process. After your loan is
closed, federal and state law requires you to wait an additional three business days to receive your money. Funding can occur on the fourth business
day after closing. Business days do not include Sundays, or federal holidays.

The loan must be closed in a First National Bank of Trenton banking center, an attorney’s office, or in the office of a title company. At closing, you should
receive a copy of all of the loan documents you have signed. For example, this would include the Deed of Trust, which you (and your spouse, if applicable)
must sign. This would not include a copy of any unsigned documents. You can request a copy of any unsigned documents at closing. All documents should be
completely filled in with no blanks.
                                            First National Bank
                                                                                                          of Trenton
HOME EQUITY CREDIT APPLICATION
IMPORTANT: Read these directions before completing this application.
If you are applying for individual credit in your own name, are not married, and are not relying on alimony, child support, or separate maintenance payments
or on the income or assets of another person as the basis for repayment of the credit requested, complete only sections A, D, and E.

Amount Requested: ________________________________

SECTION A-INFORMATION REGARDING APPLICANT

Full Name (Last, First, Middle): ________________________________________________ Birthdate: _____/_____/______

Present Street Address: _______________________________________________________ Years there: ________________

City: ___________________________ State: ____________ Zip: ____________ Telephone: _________________________

Social Security No: _________________________________ Drivers License No: __________________________________

Previous Street Address: _______________________________________________________ Years there: _______________

City: ___________________________ State: ____________ Zip: ____________ Telephone: _________________________

Present Employer: __________________________________ Years there: _____ Telephone: _________________________

Position or Title: ___________________________________ Name of Supervisor: __________________________________

Employer’s address: ____________________________________________________________________________________

Present NET salary or commission: $ _______________ per ____________ No. Dependents: __________ Ages: __________

Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this
obligation-

Alimony, child support, separate maintenance received under ‫ٱ‬court        order; ‫ٱ‬written agreement; ‫ٱ‬oral understanding.

Other income: $ _________________ per _____________. Source(s) of other income: ________________________________

______________________________________________________________________________________________________
Is any income listed in this Section likely to be reduced in the next two years or before the credit requested is paid off? YES*;      NO
(*explain “yes” in detail on a separate sheet of paper)
Checking Account No.: ___________________________ Institution and Branch: ____________________________________

Savings Account No.: _____________________________ Institution and Branch: ____________________________________

SECTION B-INFORMATION REGARDING SPOUSE, JOINT APPLICANT, USER, OR OTHER PARTY (Use separate sheets if necessary)

Full Name (Last, First, Middle): ________________________________________________ Birthdate: _____/_____/______

Present Street Address: _______________________________________________________ Years there: ________________

City: ___________________________ State: ____________ Zip: ____________ Telephone: _________________________

Social Security No: _________________________________ Drivers License No: __________________________________

Previous Street Address: _______________________________________________________ Years there: _______________

City: ___________________________ State: ____________ Zip: ____________ Telephone: _________________________

Present Employer: __________________________________ Years there: _____ Telephone: _________________________

Position or Title: ___________________________________ Name of Supervisor: __________________________________

Employer’s address: ____________________________________________________________________________________

Present NET salary or commission: $ _______________ per ____________ No. Dependents: __________ Ages: __________

Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this
obligation-

Alimony, child support, separate maintenance received under ‫ٱ‬court        order; ‫ٱ‬written agreement; ‫ٱ‬oral understanding.

Other income: $ _________________ per _____________. Source(s) of other income: ________________________________

______________________________________________________________________________________________________
Is any income listed in this Section likely to be reduced in the next two years or before the credit requested is paid off? YES*;      NO
(*explain “yes” in detail on a separate sheet of paper)

Checking Account No.: ___________________________ Institution and Branch: ____________________________________

Savings Account No.: _____________________________ Institution and Branch: ____________________________________
                                               First National Bank
                                                                                                               of Trenton
HOME EQUITY CREDIT APPLICATION
SECTION C-MARITAL STATUS

Applicant:      Married              Seperated            Unmarried (including single, divorced, widowed)

Other Party:    Married               Seperated           Unmarried (including single, divorced, widowed)

SECTION D-DEBTS

Monthly expenses include the following (as applicable):

     Current mortgage $ _____________________                       Credit cards                   $ ______________________

     Car payment          $ _____________________                   Other Debt payments            $_______________________

SECTION E-SECURITY

Address of property: ___________________________________                      Present Market Value:          $_______________

Purpose of this loan: ___________________________________                     Tax valuation:                 $_______________

Other loans on property within the last 18 months:

LENDER                              AMOUNT               PURPOSE                                   PAID OFF             PAYOFF DATE

__________________________          ______________       _________________________                 YES/NO               ______________

__________________________          ______________ _________________________                       YES/NO               ______________

Names and addresses of all co-owners of the property:

NAME                                           ADDRESS

_________________________________              __________________________________________________________________

_________________________________              __________________________________________________________________

THERE ARE NO OTHER EQUITY LIENS ON THE PROPERTY.

Everything that I have stated in this application is correct to the best of my knowledge. I understand that you will retain this application whether or not it is
approved. You are authorized to check my credit and employment history and to answer questions about your credit experience with me.

_____________________________                  __________________             ______________________________ _________________
Applicant’s signature                          date                           Other signature (where applicable) date




LOAN WORKSHEET
                                               Appraised Value      $
                                                         X 80%

                                         Less Outstanding Debt

                                   MAXIMUM AMOUNT OF                $
                                               LOAN
                                      Home Equity Loan Applicants
If you intend to use any of the proceeds from this debt for the purpose of
        Purchasing a dwelling;
        Improving a dwelling;
        or Refinancing a debt secured by a lien on a dwelling;
then the Federal Government requires Financial Institutions to request Government Monitoring
Information. If any one of the above circumstances apply to your situation please complete this form
and sign below. If your request is not for a purpose listed above then please disregard this form.


Applicant’s Name____________________                   First National Bank of Trenton
___________________________________                    106 Hamilton; P.O. Box 4
Address____________________________                    Trenton, TX 75490
___________________________________                    Lenders Name and Address
Date of Application___________________


Dear Applicant(s):
The following information is requested by the federal government for certain types of loans related to a dwelling in order to
monitor the lender’s compliance with equal credit opportunity, fair housing, and home mortgage disclosure laws. You are not
required to furnish this information, but are encouraged to do so. You may select one or more designations for “Race.” The law
provides that a lender may not discriminate on the basis of this information, or on whether you choose to furnish it. However, if
you choose not to furnish the information and you have made this application in person, under federal regulations the lender is
required to not ethnicity, race and sex on the basis of visual observation or surname. If you do not wish to furnish the
information, please check below.


APPLICANT:                                             CO-APPLICANT:
         I do not wish to furnish this information               I do not wish to furnish this information

ETHNICITY:                                             ETHNICITY:
         Hispanic or Latino                                      Hispanic or Latino
         Not Hispanic or Latino                                  Not Hispanic or Latino

RACE:                                                  RACE:
         American Indian or Alaskan Native                       American Indian or Alaskan Native
         Asian                                                   Asian
         Black or African American                               Black or African American
         Native Hawaiian or Other Pacific Islander               Native Hawaiian or Other Pacific Islander
         White                                                   White

SEX:                                                   SEX:
         Female                                                  Female
         Male                                                    Male



_________________________                                      _________________________
Signature             Date                                     Signature             Date
                First National Bank of Trenton
                             Type of Credit Request


Date of Application: _____/ _____/ _____


I/We are applying for credit in the amount of $ _______________________.



_________       I am applying for individual credit in my own name and I am relying
                on my own income and assets and not the income or assets of another
                person.

_________       I am applying for individual credit and I am relying on my own
                income and assets as well as income or assets from other sources.

_________       We are applying for joint credit with co-applicants or guarantors.




Signature(s):


____________________________________________
Signature – Applicant


____________________________________________
Signature – Joint Applicant (when applicable)


____________________________________________
Signature – Joint Applicant (when applicable)


_____________________________________________
Signature – Guarantor (when applicable)


_____________________________________________
Signature – Guarantor (when applicable)


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