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Belle Creek Collection Policy

Belle Creek Village Homeowners Association · 3 pages
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Pages 1–2

Recorded On: September 27, 2021 02:42 PM Total Recording: $34.00 Denton County Juli Luke County Clerk Instrument Number: 176936 ERecordings-RP MISCELLANEOUS Number of Pages: 3 " Examined and Charged as Follows: " Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law.

File Information: Document Number: 176936 Receipt Number: Recorded Date/Time: 20210927000570 September 27, 2021 02:42 PM User: Darcey B Station: Station 21 DENTON COUNTY 1846 * TEXAS Record and Return To: Corporation Service Company STATE OF TEXAS COUNTY OF DENTON I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Records of Denton County, Texas.

Juli Luke County Clerk Denton County, TX BELLE CREEK VILLAGE HOMEOWNERS ASSOCIATION, INC.

COLLECTION POLICY WHEREAS, the Declaration of the Belle Creek Village Homeowners Association, Inc. was recorded on May 13, 2005 as Document Number 200557075 in the Real Property Records of Denton 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 THAT, as of September 1", 2021 the Board of Directors adopts the following Collection Policy: Collection of Association Dues Homeowner's dues, one-time or special assessments, late charges, interest and collection costs, including any attorneys' fees are the personal obligation of the owner of the property at the time the dues or other sums are levied.

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special assessments, late charges, interest and collection costs, including any attorneys' fees are the personal obligation of the owner of the property at the time the dues or other sums are levied.

Regular homeowner's dues are due and payable on the 1st. All other assessments or sums owed are due and payable on the date specified by the Board (or Managing Agent) on the notice of assessment. Onetime assessments will be noticed at least thirty (30) days prior to the due date.

Below is a table and timeline of Collection Activity and Fees associated with any dues, one-time or special assessments that are not paid in a timely manner, Late Date Action to be Taken 30 Days Past Due Date First Collection Notice to be mailed via regular US mail 60 Days Past Due Date 90 Days Past Due Date 120 Days Past Due Date 165 Days Past Due Date • Second Collection Notice to be ⚫ mailed via regular US mail to Third Collection Notice be mailed via regular US mail Referral to Attorney Notice to be mailed via regular US mail and certified return receipt Account will be turned over to the Association's Collection attorney and Collection Activity • Late Charges/Interest/Collection Fees Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract Subsequent Collection Fees may be placed by Managing Agent consistent with Texas Legislation and Management Contract Subsequent Collection Fees may be placed by Managing Agent consistent with Texas BELLE CREEK VILLAGE HOMEOWNERS ASSOCIATION, INC.

COLLECTION POLICY

stent with Texas Legislation and Management Contract Subsequent Collection Fees may be placed by Managing Agent consistent with Texas BELLE CREEK VILLAGE HOMEOWNERS ASSOCIATION, INC.

COLLECTION POLICY The State of TEXAS The County of Denton § § will continue pursuant to requirements outlined in Texas Legislature and the Fair Debt Collection Act.

Legislation and Management Contract Subsequent Attorney Fees may be placed by the Association's attorney consistent with Texas Legislation and Attorney Agreement Executed by Brian Clark Print Belle Creek Village Homeowners Association, Inc.

Sworn to me this 10th day of.

$ September.

, 2021 by Belle Creek Village Homeowners Association, Inc.

MARIA D BEAUJEAN Notary Public, State of Texas Notary (D#: 1071464-9 My Commission Expires 05-28-2025 President, Signature Brian W. Clark, President, Print Name MarBy 5/28/25 Notary Public My Commission Expires After filing please return to: Teylore Harrison c/o VISION COMMUNITIES MANAGEMENT, Inc., 5757 Alpha Rd, Suite 680, Dallas, Texas, 75240 [email protected]