The undersigned (hereinafter “Applicant”) hereby applies for credit with Reeves Hardware Company (hereinafter “Lender”), and in connection therewith represents, warrants to, and agreees that:

(a) The information set forth above is true and correct;
(b) That if any of the information set forth above becomes inaccurate prior to the time that the Lender extends credit to the Applicant, the Applicant will immediately provide the Lender with accurate information;
(c) The Lender may, at its discretion, request additional information from the Applicant in order to determine whether to extend credit to the Applicant;
(d) The Lender is authorized to contact the person and entities listed above and to otherwise take such steps and contact such persons and entities including, without limitation, credit reporting agencies that the Lender determines to be necessary in connection with this Credit Application;
(e) If credit is extended to the Applicant and the Applicant purchases goods from the Lender, such purchase will be subject to the terms and conditions contained in the Lender’s sales contract and any other documents provided by the Lender to the Applicant related thereto.

1. Accounts are payable in full by the 10th of the month following closing on the 25th of each month. Payments may be made by cash, check, money order, or cashiers check. Credit cards can only be used for purchases at the time of purchase and cannot be used for payment on a charge account held at Reeves. (A credit card account may be set up for a customer that wishes to use this type of service and customer understands and agrees to pay for all credit card transactions either authorized by phone, in writing, or in person). A service charge of 1.5% per month (an annual rate of 18%) will be charged on past due accounts. The Customer agrees that the service charge fixed by the Lender is reasonable.

2. The Customer shall pay all fees, including collection, and attorney(s)’s fees, and other expenses incurred by the Lender in enforcing its rights or in resolving any dispute arising under this Agreement. The Customer agrees that reasonable attorney(s) ’s fees shall be equal to 15% of the then outstanding past due balance.

3. This Agreement is entered into and shall be deemed for all purposes to have been made in Georgia and shall be governed and construed in accordance with the laws of the State of Georgia applicable to contracts and agreements. Jurisdiction and venue for any action arising out of this Agreement shall be in the Superior Court of Rabun County, Georgia.

4. This Agreement constitutes the entire agreement between the Customer and the Lender, and the Customer acknowledges that the Lender has made no representations oral or written other than those included in this Agreement.

5. No term or condition of this Agreement may be waived or modified as to the Customer except by written instrument signed by the Lender’s authorized representative.

The provisions of this Agreement shall be severable so that the invalidity, unenforceability, or waiver of any one or more provisions shall not affect the remaining provisions. The failure of the Lender at any time to insist upon strict performance by the Customer of the conditions herein shall not be construed as a waiver of the Lender’s right to strict compliance.