[NoteSmith user: The text of this boilerplate BP-REGZ360.TXT needs to be kept short--about 10 lines--so it fits within the space allocated and keeps your report to one page. Modify it from Tools, Text Editor, Open. Do NOT include these directions for customer printouts.]

Interest will be calculated daily for 365 days or 366 in leap years. Each day bears 1/360th of a year of interest, representing 12 equal 30 day months. This calculation method increases the amount of interest from that shown. Commercial notes are commonly calculated by 365/360 interest while consumer notes are not. Contact us immediately if you have any questions about the information that appears on this document.