DOC #2021171072 IV.
Pages 4 FOX RUN MAINTENANCE ASSOCIATION PROPERTY GWNERS’ ASSOCIATION COLLECTION POLICY (e.g., Regarding Delinquent Assessments, Fees and Charges) The name of the Subdivision(s} is/are FOX RUN, Sections One (1) through Twelve (12), melusive The name of the Association 1s FOX RUN MAINTENANCE ASSOCIATION Map(s) or Plat(s) Records of Montgomery County, Texas: (4) Fox Run, Scction One - Plat Cabinet A, Sheet 100A.
(11) Fox Run, Section Two - Plat Cabinet B, Sheet 30.
{u) Fox Run, Section Three - Plat Cabmet B, Sheet 25 (iv) Fox Run, Section Four - Plat Cabmet B, Sheet 30 (M1) Fox Run, Section Sex - Plat Cabinet G, Sheets 199A and 199B (v1) Fox Run, Section Seven - Plat Cabinet J, Sheets 168 and 169 (vil) Fox Run, Section Eight - Plat Cabmet N, Shects 168 and 169 (x) Tex Run, Section Nine - Plat Cabinet P, Sheet 105 (x) Fox Run, Section Ten - Plat Cabinet S, Sheets 166 and 167 (x1) Fox Run, Section Eleven - Plat Cabmet S, Sheet 153 (xu) Fox Run, Section Twelve - Plat Cabinet W, Sheet 95 The recording data for the Declaration (which may be referred to as the “Declaration,” the “Restrictions,” the “Deed Restrictions,” the “Covenants, Conditions and Restrictions,” the “Resuictions and Covenants” or the “CC&Rs”) for each Section of the Subdivision, including Amendments, Modifications and/or Supplements as applicable, is as follows Deed Restrictions (Deed Records of Montyomcry County, Texas): (1) Fox Run, Section One County Clerk’s File No 750133, and Amendment County Clerk’s File No 8036859 (11) Fox Run, Section Two - County Clerk’s File No 7713620, Amendment County Clerk’s File No
exas): (1) Fox Run, Section One County Clerk’s File No 750133, and Amendment County Clerk’s File No 8036859 (11) Fox Run, Section Two - County Clerk’s File No 7713620, Amendment County Clerk’s File No 8036859, and Amendment County Clerk’s File No. 2003-013988 (111) Fox Run, Section Three - County Clerk’s File No 750133, recorded Warranty Deed(s), and Amendment County Clerk’s File No 8036859 (Iv) Fox Run, Section Four - County Clerk s File No 7713620, Amendment County Clerk’s File No 8036859, and Amendment County Clerk’s File No 2003-0)3988 (v) Fox Run, Section Five - County Clerk’s File No 9229631 (vi) Fox Run, Section Six - County Clerk’s File No 9440426 (vn) Fox Run, Scction Seven - County Clerk’s File No 9821167.
(vin) Fox Run, Section Eight - County Clerk’s File No 2000-025454 (ax) Fox Run, Section Nine - County Clerk’s File No 2001-027661 (x} Fox Run, Section len - County Clerk’s File No 2003-040674 (x1) Fox Run, Section Eleven - County Clerk’s File No 2002-118319 (xu) Fox Run, Section Twelve - County Clerk’s File Na 2004-100703 COLLECTION POLICY: The following Collection Policy was approved by at least a majority vote ot the Board of Directors of FOX RUN MAINTENANCE ASSOCIATION (the “Board”), at a duly called Mecting of the Board, at which Meeting a quorum was present The Association provides a number of services for the Fox Run community Whule the vast majority of property owners (“Owners”) do timely pay. there 1s generally a percentage of owners who do not Fhe obligation to pay annual assessments. maintenance charges (“assessments”) is mandatory for all property owners The Association's current Collection Poltcies and Procedures, which supersede and replace any previously recorded Collection Policy, are as follows
(“assessments”) is mandatory for all property owners The Association's current Collection Poltcies and Procedures, which supersede and replace any previously recorded Collection Policy, are as follows The Association mails out invoices for the annual assessment at least thirry (30) days before the due date Payment in full 1s due annually un advance on January 1 of each year However, there 15 no late fee, penalty or mterest charged so long as the full payment 1s recerved by the Association on or before January 31 of cach year Shouid an Owner fail to pay the full amount of the assessment currently due on or before January 31 of any year the Association may apply the following schedule a) At any time after January 31, the Association may authonze the preparation and recording efan Affidavit or Notice of Lien (e g, identifying the delinquent property by address and legal description, identifying the Owner(s), and evidencing the amount of the current delinquency) The amount of the current delinquency will include the costs of preparing and recording the Affidavit or Notice of Lien b) A late fee, m an amount determined by the Board, may be added to each delinquent account on February Ist Addrtionally, the Association may charge mterest at the rate 1t 15 entitled to under its Governing Documents/Dedicatory Instruments In the event that no interest rate is spectfied, the statutory rate (¢ g., six percent (60) per annum) may be charged c) An administrative fee or fees (or managerial fee or fees} may be applied to each delinquent account. Further, the charge(s) for any managerial follow-up, notice and/or demand letters, as applicable, will be applied to the Owner’s assessment account
or fees} may be applied to each delinquent account. Further, the charge(s) for any managerial follow-up, notice and/or demand letters, as applicable, will be applied to the Owner’s assessment account d} Prior to a delinquent account being initially referred to the Association's attorney for legal action {other than the preparation and recording of an Affidavit or Nouce of Lien as described 1n “a” above), the Association will mail a forty-five (45) day statutory notice letter to the property owner(s) e) During the course of a payment plan, the Association may charge interest at the rate it is entitled to under its Governing Documents/Dedicatory Instruments and may also charge reasonable costs of admunistermg the payment plan (which may be a one-time charge or charged per month} There may also be a fee charged for setting up the payment plan f) If an Owner(s) default(s) on a payment plan, the payment plan 1s automatically termmated and the Association 15 not obligated to make another payment plan with that owner(s) relative to annual assesstnents and/or special assessments for the next two (2) years g) All items that remain delinquent with no payment arrangements, or with defaulted payment atrangements, may be referred to the Association’s Attorney for a legal demand letter(s} and further Jegal actron as may be authonzed by the Association h) Pursuant to the Restrictions, and pursuant to applicable Texas Statutory Law lepal fees, expenses and costs incurred in the Association’s cffort to collect a delinquent assessment account (including, but not limited to, the preparation and recording of a Notice of Lien and Affidavit of Delinquent Assessments and/or subsequent Release thereof), will be charged back to the Page 2 of 3 Pages
cluding, but not limited to, the preparation and recording of a Notice of Lien and Affidavit of Delinquent Assessments and/or subsequent Release thereof), will be charged back to the Page 2 of 3 Pages assessment account and shall be secured by the Assoctation’s assessment lien and reimbursement thereof shall be the responsibility of the Owner(s) 1} All delinquent items, whether with the attorney’s office or whether bemg handled by the manager, are subject to periodic review by the Association’s Board or an appointed Committee y) Returned Check Fee(s), m addition to any bank charges, will be charged to the Owner(s}, and reimbursement thereof shail be the responsibility of the Owner(s) k) All stems placed with the Association’s attorney wrll remain with the attorney’s office until paid in full CERTIFICATION “I, the undersigned, being the President of FOX RUN MAINTENANCE ASSOCIATION, hereby certify that the foregoing Collection Policy Resolution was adopted by at least a majority of the Association's Board of Mirectors, and such Collection Pohcy Resolunen has never been modified or repealed, and 1s new in full force and effect ” FOX RUN MAINTENANCE ASSOCIATION 7 By: heh Lf ROGER F ING, iden ACKNOWLEDGMENT THE STATE OF TEXAS § § COUNTY OF MONTGOMERY § BEFORE ME, A NOTARY PUBLIC, on this day personally appeared ROGER FLEMING, President, FOX. RUN MAINTENANCE ASSOCIATION, a Teaas Non-Profit Corporation and Property Owners’ Association, known to me to be the person whose name 1s subscribed to the foregomg mstrument and, being by me first duly sworn and declared that he executed same in the capacity and for the consideration therein expressed, and as the act and deed of such Corporation GIVEN UNDER MY HAND AND SEAL OF OFFICE on this the gv day of ect ndeve rom
hat he executed same in the capacity and for the consideration therein expressed, and as the act and deed of such Corporation GIVEN UNDER MY HAND AND SEAL OF OFFICE on this the gv day of ect ndeve rom After recording, return to: eve, Consolidated Management Services ; “74 Motor Pub sont reecs 128 Vision Park Boulevard, Suite 110 ee Comm Expiees 07-30-2024 Shenandoah, ‘I cxas 77384 aoe Notary ID 13464 724-t Fox Run Maintenance Association / Collection Policy (e.g., Regarding Delmquent Assessments, Fees and Charges) Page 3 of 3 Pages Doc #: 2021171072 E-FILED FOR RECORD 12/13/2021 04:28PM Mah. Imbel’ COUNTY CLERK MONTGOMERY COUNTY, TEXAS STATE OF TEXAS, COUNTY OF MONTGOMERY | hereby certify that this instrument was e-filed in the file number sequence on the date and time stamped herein by me and was duly e-RECORDED in the Official Public Records of Montgomery County, Texas.
12/13/2021 ‘iP County Clerk Montgomery County, Texas Pages 4