BY COMPLETING THIS APPLICATION FOR CREDIT, THE APPLICANT:
1. Attests financial responsibility, ability and willingness
to pay all invoices
in accordance with the following terms: 2% 30; Net, 30 days, service charges
paid at the rate of 1.5% (18% annual rate) on all balances over 30 days.
2. Hereby Authorizes GOVATION. to investigate
the references listed pertaining to the applicant's credit and financial
obtain additional information by securing data from a credit reporting
3. Hereby Agrees that should it become necessary to assign the
account to a licensed collection agency or atttorney for legal action,
collection charges and legal fees shall be paid by the applicant.
4. Hereby Authorizes the seller, its successors and assigns,
by the seller's
designated attorney to waive the issuance of process and confess judgment
applicant for the entire unpaid balance of applicant's account together
with all costs
applicable to such action.
5. Certifies and Warrants that the information given in this
application is true and
correct and is given for the purpose of obtaining credit.