VACATE

02F-BD026-BNK · State Banking Department · 2002-04-03

IN THE OFFICE OF ADMINISTRATIVE HEARINGS

|In the Matter of the Denial of the | |No. 02F-BD026-BNK | |Collection Agency License Renewal | | | |Application of: | | | | | |ORDER VACATING | | | |HEARING | |UNIVERSITY FIDELITY CORPORATION; | | | |UNIVERSITY FIDELITY CORPORATION DBA | | | |FIDELITY ACCOUNT SERVICES; AND TERRY| | | |W. SIMONDS, CEO | | | |1445 Langham Creek Drive | | | |Houston, Texas 77084 | | | | | | | |Petitioner. | | | | | | |

On April 2, 2002, the undersigned Administrative Law Judge received a Notice of Settlement and Motion to Vacate Administrative Hearing from Assistant Attorney General Mary E. Kosinski stating that the parties have reached a settlement in this matter.

Based upon the foregoing, IT IS ORDERED that the hearing scheduled for April 5, 2002, at 1:30 p.m. shall be vacated from the calendar of the Office of Administrative Hearings.

Done this day, April 3, 2002.

_________________________________ Casey J. Newcomb Administrative Law Judge

Copy transmitted by mail this _____ day of April, 2002 to:

Richard C. Houseworth, Superintendent State Banking Department ATTN: June Beckwith 2910 North 44th Street, Suite 310 Phoenix, AZ 85018

Mary Kosinski Assistant Attorney General Consumer Protection & Advocacy Section Department of Law Building, Room 259 1275 W. Washington Phoenix, AZ 85007

Terry W. Simonds, CEO Universal Fidelity Corporation 1445 Langham Creek Drive Houston, TX 77084

Universal Fidelity Corporation 1445 Langham Creek Drive Houston, TX 77084

Universal Fidelity Corporation d.b.a. Fidelity Account Services 1445 Langham Creek Drive Houston, TX 77084

By _______________________________

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Office of Administrative Hearings 1400 West Washington, Suite 101 Phoenix, Arizona 85007 (602) 542-9826