Page 1 of 3 D219161268 7/24/2019 12:31PM PGS 3 Fee: $24.00 Submitter: CSC ERECORDING SOLUTIONS Electronically Recorded by Tarrant County Clerk in Official Public Records Man: : Nu hokar \ Mary Louise Nicholson COLLECTION POLICY WHEREAS, the Declaration for Augusta Meadows Homeowners Association was recorded on 1/6/2017 as Document Number D217004409 in the Real Property Records of Tarrant County Texas; WHEREAS, the Board of Directors has established these reasonable guidelines regarding collection of delinquent homeowner payments; THEREFORE, THE BOARD OF DIRECTORS HEREBY RESOLVES TH the Board of Directors adopts the following Collection Policy (Collection of Association Dues tion costs, a the time the assessments or sums owed are due and payable on the date speci by the Board (or Managing Agent) on the notice of assessment. One-time assess Wl béfoticed at least thirty (30) days Late Charges/Interest/ Collection Fees e Late Fee of $25.00 will be applied to the homeowner’s account ¢ Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract e late Fee of $25.00 will be applied to the homeowner’s account ¢ Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract t Due Date | Second Collection Notice to be mailed via regular US mail Includes the Fair Debt Collections verbiage and allows the account holder 30 days from receipt of notice to address the delinquent account.
Per the Texas Property Code, these notices must be mailed 34 36 Seventy (70) Days Past Due Date One Hundted (100) Days Past Due Date 130 Days Past Due Date Page 2 of 3 and include language regarding restricted access te amenities and the right to cure.
Thitd Collection Notice to be
Past Due Date One Hundted (100) Days Past Due Date 130 Days Past Due Date Page 2 of 3 and include language regarding restricted access te amenities and the right to cure.
Thitd Collection Notice to be mailed via regular US mail Includes the Fair Debt Collections verbiage and allows the account holder 30 days from receipt of notice to address the delinquent account.
Per the Texas Property Code, these notices must be mailed certified (also mailed first clase and include language rega AS to attorney and Collection Activity will continue pursuant to requirements outlined in Texas Legislamare and the Fair Debt Collection Act.
e Late Fee of $25.00 will be applied to the homeowner's account eLate Fee of $25.00 will be applied to the homeowner’s account in addition co collection agency/attorney fees.
¢ Subsequent Collection Fees may be placed by Manaping Agent consistent with Texas Legislation and Management Contract # Late Fee of $25.00 will be applied to the homeowner’s account every thirty (30) days that payment is not received * Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract e Subsequent Attorney Fees may be placed by the Association’s attorney consistent with Texas Legislation and Attorney Agreement 36 Page 3 of 3 [Signatory Page to Follow] The State of TEXAS § The County of TARRANT § Executed by Eta Fernand.
Print Augusta Meadows Homeowners Association INC.
= wil tity, TABITHA ALORETE ks Notary Public, State of Texay ies Comm, Expires 06-23-29 re Notary ID 13202486 Ny aaa 1%, 2 x Notary Public at, ane! Diz, iS oy 593-23 My Commission Expires Afterfili € to: VISION COMMUNITIES MANAGEMENT, Inc., 5757 Alpha Rd, Suite 680, Dallas, Texas, 75240