The information contained in this statement is provided to extend credit to the undersigned. The undersigned acknowledges and understands that the Champaign County Chamber of Commerce is relying on the information provided on this application in deciding to grant credit. The undersigned represents and warrants that the information provided on this application is correct and complete. Each of the undersigned agrees to notify the Champaign County Chamber of Commerce immediately in writing of any change in name, address, or employment and of any material adverse change (1) in any of the information contained in this statement, (2) in the financial condition of any of the undersigned or the business, or (3) in the ability of any of the undersigned to perform their obligations to the Champaign County Chamber of Commerce. In the absence of this notice or a new and complete written statement, this shall be considered as a continuing statement and substantially correct. If the undersigned fails to notify the Champaign County Chamber of Commerce as required above, or if any of the information on this application is inaccurate or incomplete in any material respect, the Champaign County Chamber of Commerce may declare the indebtedness of the undersigned immediately due and payable. The Champaign County Chamber of Commerce is authorized to make all inquiries the Champaign County Chamber of Commerce deems necessary to verify the accuracy of the information contained on this application and to determine credit worthiness of the undersigned. The undersigned authorizes any person or consumer reporting agency to give the Champaign County Chamber of Commerce any information it may have on the undersigned. As long as any obligation or guarantee of the undersigned to the Champaign County Chamber of Commerce is outstanding, the undersigned shall supply annually an updated business financial statement.