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Thank you for choosing Moore West Federal Credit Union for your lending needs.


MOORE WEST FEDERAL CREDIT UNION'S

SECURITY INTEREST COVERAGE/CROSS COLLATERAL PROVISIONS


The security interest secures the Loan and any extensions, renewals or refinancing of the Loan. If the Property is not a dwelling, the security interest also secures any other loans, including any credit card loan, you have now or receive in the future from us and any other amounts you owe us for any reason now or in the future, except any loan secured by your principal residence. If the Property is household goods as defined by the Federal Trade Commission Credit Practices Rule or your principal residence, the Property will secure only this Loan and not other loans or amounts you owe us.

 

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