IFirst Bank]

IFirst Bank] Transfer Application BRANCH NO. PREFIX TEST KEY DA IL I IML TRANSFER TYPE: [E] WIRE El CABLE K DRAFT O Mail to Customer O Mail to Payee L Semi to Branch REP SIGNATURES (Complete appropriate boxes): KEY MODIFY MODIFY APPROVE IF TRANSFERRING FOREIGN CURRENCY: CONTRACT NO VALUE DATE CONVERSION RATE CONVERTED BY (Initials) TRANSFER AMOUNT (FOR BANK USE ONLY) FOREIGN CURRENCY , Amount) TRADER'S NAME u.S. DOLLARS ADDITIONAL FEES I $ TOTAL AMOUNT $ 78,000.00 NOTE: Foreign currency amount multiplied by the exchange rate = U.S. dollar Amount U.S. Dollar amount divided by the exchange rate = Foreign Cisrency Amount. METHOD OF PAYMENT: DEBIT BRANCH/DEPT. NO. NAME ACCOU NT FT REAL ESTATE, INC MAILING ADDRESS: 6100 RED HOOK QTR B3 PHYSICAL ADDRESS: CITY, STATE, ZIP CODE, COUNTRY ST. THOMAS USVI 00802 TO: PAYEE/BENEFICIARY'S BANK BANK CODE 2000001806 BANK NAME MERCHANTS COMMERCIAL BANK ADDRESS 4608 TUTU PARK MALL SUITE 100 CITY, STATE, ZIP CODE, COUNTRY ST. THOMAS, USVI 00802 ORIGINATOR REFERENCE: I I 78,000.001 INTERMEDIARY CORRESPONDENT BANK: (If necessary) ABA ROUTING NO./SWIFT CODE 062006330 BANK NAME ALOSTAR BANK OF COMMERCE ADDRESS 3680 GRANDVIEW PARKWAY, SUITE 200 CITY, STATE, ZP CODE, COUNTRY BIRMINGHAM, AL 35243 FOR: PAYEE/ACCOUNT OF ULTIMATE BENEFICIARY WM NAME/ACCOUNT TITLE KFK GLOBAL INVESTMENTS ADDRESS 9053 ESTATE THOMAS, SUITE 101 CITY, STATE, Zia CODE, COUNTRY ST. THOMAS USVI 00802 BENEFICIARY REFERENCE: I 1 1 1 1 1 1 1 1 1 1 1 1 SPECIAL INSTRUCTIONS: (Optional) Real Estate Transaction THE UNDERSIGNED AGREES TO THE CONDITIONS ON THE REVERSE SIDE OF THIS APPUCATION. CUSTOMER'S TELEPHONE NO. DATE OF APPLICATION: 4/7/2016 Customer's Signature FOR BANK USE ONLY CUSTOMER'S TRANSFER REQUEST: (Complepim Droplets boxes) L Customer's Signature (If Applicable) FAX Ft IN PERSON ri PHONE MAIUMESSENGER I.D. USED (Do not leave Wang I:Telephone/Fax agreement on file CALLBACK IF OVER $ LIMIT: ci One time only transaction By laSpoke to El Time ci Hold placed TAKEN IN BY (Print Name) INITIALS TEST KEY CALCULATED BY (If different than taken in by) INITIALS BRANCH AUTHORIZED SIGNER (Print Name) BRANCH TELEPHONE NO.: ( ) - BRANCH AUTHORIZED SIGNATURE NNNt4.2193.120eR Page lof2 EFTA01186608 CONDITIONS APPLICABLE TO FUNDS TRANSFERS Definitions: 'V. 'me", or .my means the person who has issued, or on whose behalf there has been issued, the payment order described in the Transfer Application. Tank" means FirstBank, 'Beneficiary" means the person identified in my payment order that is to be paid by Beneficiary's Bank. 'Beneficiary's Bank' means the bank identified in my payment order that is to pay Beneficiary. intermediary Bank" means any bank in the kinds transfer to which a payment order is issued, other than the Bank or Beneficiary's Bank. Agreement to Conditions: I agree that my Transfer Application is subject to the conditions set forth below. Instructions to Bank: All information on the Transfer Application, as applicable, must be completed, including my designation of any Intermediary Bank. My completion of the Transfer Application for a funds transfer shall constitute a payment order instructing Bank to execute or pay the order. My payment order shall not be subject to cancellation or amendment unless I notify Bank in writing, at the branch to which my Transfer Application has been delivered by 4:00 P.M., on the banking day preceding the date on which Bank is to execute or pay my order. What Bank Will Do: Bank shall execute my payment order by issuing its own order, in furtherance of and in comformity with my order, to Intermediary Bank, if applicable, or directly to Beneficiary's Bank, or Bank shall pay Beneficiary if Bank is also Beneficiary's Bank. Bank shall execute or pay my order In same day kinds, except if Bank is also Beneficiary's Bank then Bank shall pay in next day funds if so request and Bank agrees. Except where a later date is specified in the Special Instructions field on the Transfers Application, bank shall execute or pay my order on the Date of Application if received prior to 2:30 P.M. or on the next banking day if received after 2:30 P.M. If a later date is specified. Bank shall execute or pay my order on that date. Unless otherwise arranged. Bank shall debit my account for the amount of the payment order and for the Bank's charges, of which I have been informed. Bank reserves the right to refuse or delay execution of my order in the event I do not have sufficient funds available for withdrawal in my account to be debited or I have not otherwise paid Bank for the transfer, in the event my order is unclear or incomplete of for other reasons satisfactory to Bank. Payment in Foreign Currency: In the event the funds transfer is to be made in a currency other than U.S. dollars, Bank shall purchase the foreign currency, and I shall pay Bank the U.S. dollar equivalent of the amount of the foreign currency transferred, at the exchange rate advised to me by Bank. I understand, further, that if Beneficiary's Bank is instructed to pay in a currency other than its local currency, payment will normally be made by Beneficiary's Bank at its rate of exchange on the date of its payment. I shall comply with all local currency restrictions and any other local laws governing the transactions. Further Agreements: I agree to be bound by the rules of all funds transfer systems and communications systems in which Bank participates. such as Fedwire, CHIPS and S.W.I.F.T., in connection with the funds transfer. Bank may use whatever funds transfer system and methods of payment are appropriate in its judgment in connection with the funds transfer. I agree that Bank may rely upon the identifying number (e.g.. Fedwire number or account number) of any person on entity as instructed in the Transfer Application, be it Intermediary Bank, Beneficiary's Bank or Beneficiary, even if it identifies a person or entity different from that identified by name. I shall be responsible for any inconsistency between the name and identifying number of any such person or entity as set forth in the Transfer Application and shall be liable for any loss, liability. expense or damage, including attorney's fees and litigation expenses. Bank may incur as a result of, or in any way connected with such inconsistency. Limitation on Damages: To the maximum extent permitted by law. Bank shall not be liable for events or circumstances beyond Bank's reasonable control or for indirect, special or consequential damages. even if Bank is advised as to the possibility of such damages. Governing Law: The agreement shall be governed by the laws of the Territory of the United States Virgin Islands. CONDITIONS APPLICABLE TO INTERNATIONAL DRAFTS Definitions: T. 'me", or "my means the person who has purchased the Draft described in the Transfer Application. 'Bank' means FirstBank. 'Check" means a payment instrument issued by Bank. 'Drawee" means the institution upon which the Check is drawn. "'payee" means the person to whom the Drafts is payable. Agreements to Conditions: I agree the Check that Bank issues and sells to me is subject to the conditions set forth below and that Bank is only obligated to do those acts stated in this agreement or otherwise required by law. Bank Duties: Upon Bank's acceptance of my payment for the amount of the check plus any fees or commissions (of which I have been informed), Bank shall issue the Check and shall arrange to make available to the Drawee funds in an amount equal to that appearing on the face of the Check If I request that the Check be issued in a currency other than U.S. dollars. the Check will be valued in the foreign currency rate quoted by Bank on the day the Check is purchased. less any fees or commissions charged by Bank. Cashing the Check: The Check may be presented for deposit or encashment at the Drawee or at other accepting institutions. The institution at which the Check is presented may impose fees and commissions and may determine the rate of exchange at which the value of the Check is to be calculated in the event it is presented for payment in a currency other than the currency in which it is drawn. I agree to comply with all local currency restrictions and nay other local law governing the transaction. Refunds: Bank shall honor requests for stop payment, recall or refunds, except in the following circumstances. If the check is not delivered to the Payee or is returned by the Payee to me, Bank will refund either the face amount of the check if in U.S. dollars or the value computed at an exchange rate quoted by Bank on the day the Check is returned for refund if in foreign currency, provided, however, when I return the Check to Bank for the purpose of cancellation, that I properly endorse it, if required, and that I certify (I) that I have a legal right to the Check and (ii) any signatures which appear on it are genuine. If the Check is lost. stolen or destroyed, Bank will make a refund to me or issue a replacement check if the Check has not been paid and I provide to Bank such certifications and/or indemnification as Bank shall require. Limitation on Damages: To the maximum extent permitted by law, Bank shall not be liable for events or circumstances beyond Bank's reasonable control or for indirect, special or consequential damages, even if Bank is advised as to the possibility of such damages. Governing Law: The agreement shall be governed by the laws of the Territory of the United States Virgin Islands. NNNt42k96•k208R Page 2012 EFTA01186609