Recorded On: May 15, 2025 02:25 PM Total Recording: $28.00 Instrument Number: 251507 Blanco County Laura Walla Blanco County Clerk Real Property Recordings Number of Pages: 4 "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: 251507 Receipt Number: 20250515000005 Recorded Date/Time: May 15, 2025 02:25 PM User: Station: Sheila M cclerk01 Record and Return To: MICHELLE FEGUSON UNTY COURT TEXAS ΙΝΠΟΣ OF OF BLANCO STATE OF TEXAS Blanco County 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 Blanco County, Texas Laura Walla Blanco County Clerk Blanco County, TX Saura Halla STATE OF TEXAS COUNTY OF BLANCO SSS SSS SSS Cas RESOLUTION ADOPTING PAYMENT PLAN FOR THE WOODS AT FLAT ROCK CREEK PROPERTY OWNERS' ASSOCIATION, INC.
RESOLUTION OF THE BOARD OF DIRECTORS OF THE WOODS AT FLAT ROCK CREEK PROPERTY OWNERS' ASSOCIATION, INC.
REGARDING PAYMENT PLAN POLICY Pursuant to Section 209.0062 of the Texas Property Code, The Woods at Flat Rock Creek Property Owners' Association, Inc., hereinafter referred to as the "Association", the Association governing The Woods at Flat Rock Creek Subdivision located in Blanco County, Texas, acting by and through its Board of Directors, has adopted the following alternative payment policy to set forth guidelines for a payment plan of assessments and fees, to wit: WHEREAS, the Association is required under Texas Property Code §209.0062 to create and
following alternative payment policy to set forth guidelines for a payment plan of assessments and fees, to wit: WHEREAS, the Association is required under Texas Property Code §209.0062 to create and record an alternative payment schedule for the Association governing The Woods at Flat Rock Creek Subdivision located in Blanco County, Texas, in order to establish an alternative payment schedule by which an owner may make partial payments to the property owners' association for delinquent regular or special assessments or any other amount owed to the association without accruing additional monetary penalties; and WHEREAS, the Association has adopted the following alternative payment plan for all Association dues and fees; WHEREAS, all terms used herein shall have the same meaning as set forth in the Declaration of Covenants, Conditions, Restrictions, Easements, Charges, and Liens for The Woods at Flat Rock Creek Subdivision, filed in the Official Records of Blanco County, Texas, hereinafter referred to as the "Declaration".
NOW THEREFORE, the Association declares that the following is the alternative payment plan adopted: 1.
The Due Date for all Annual Assessment Fees shall be January 31st of each year. The Due Date for all Special Assessments shall be 90 days after an Owner receives notice of the Special Assessment. The due date for all other charges shall be the last day of the month in which the invoice or statement is dated unless otherwise specified in this document.
2. All documents, correspondence, invoices, statements, and notices relating to the charges shall be mailed to the Owner's address which appears on the books of the Association or to such other address as designated in writing by the Owner.
3.
statements, and notices relating to the charges shall be mailed to the Owner's address which appears on the books of the Association or to such other address as designated in writing by the Owner.
3.
All payment plans must be in writing, signed by one or more Owners of the property associated with the delinquent balance, approved by the signature of the President of the Association or the Association Manager, and provide that the Owner shall pay future assessments when due, in addition to any arrearage payment due under a payment plan.
1 4. No monetary penalties shall accrue on balances while a payment plan is in effect, but reasonable cost associated with administering the plan and interest shall continue to accrue. Monetary penalties do not include reasonable costs associated with administering the payment plan or interest.
5. Any qualified Owner who owes a delinquent balance of $500.00 or less shall be allowed, without deliberation by the Board, to pay the balance in three equal consecutive monthly installments, with the first payment due within the first thirty-day period following the approval of the payment plan.
6. Any qualified Owner who owes a delinquent balance of more than $500.00 shall be allowed, without deliberation by the Board, to pay the balance by paying twenty-five percent of the balance during the first thirty-day period following the approval of the payment plan, with the remaining delinquent balance to be paid in five equal consecutive monthly installments.
7. Any Owner may submit a request for a payment plan that does not meet the foregoing guidelines, along with whatever information they wish the Board to consider, and the Board may approve or disapprove such payment plan, in its sole discretion; however, no payment plan shall
foregoing guidelines, along with whatever information they wish the Board to consider, and the Board may approve or disapprove such payment plan, in its sole discretion; however, no payment plan shall exceed eighteen months or be shorter than three months.
8.
The Association reserves the right to refuse to offer a payment plan to an Owner during a two (2) year period following an Owner's default under a previous payment plan.
9. If an Owner who is not qualified to receive a payment plan asks for a payment plan, the Board shall be entitled to approve or disapprove a payment plan, in its sole discretion.
10.
Payments will be posted by the Association staff in a timely manner. A payment received by the Association from the Owner shall be applied to the Owner's debt in the following order of priority: (1) any delinquent assessment; (2) any current assessment; (3) any attorney's fees or third party collection costs incurred by the Association associated solely with assessments or any other charge that could provide the basis for foreclosure; (4) any attorney's fees incurred by the Association that are not subject to 10 (3) above; (5) any fines assessed by the Association; and (6) any other amount owed to the Association.
By their signatures below the President and the Secretary of the Association certify that the foregoing resolution was approved by the Board of Directors of the Association at a duly-called meeting of the Board of Directors at which a quorum of Directors was present, or by signed, unanimous written consent in lieu of a meeting.
2 PASSED, ADOPTED AND APPROVED on this the 28th day of April 2025.
ATTEST: By: Michelle Ferguson, Secretary THE WOODS CREEK AT FLAT ROCK PROPERTY OWNERS' ASSOCIATION, INC.
By: Bradley Price Keever, President THE STATE OF TEXAS
OVED on this the 28th day of April 2025.
ATTEST: By: Michelle Ferguson, Secretary THE WOODS CREEK AT FLAT ROCK PROPERTY OWNERS' ASSOCIATION, INC.
By: Bradley Price Keever, President THE STATE OF TEXAS COUNTY OF BURMET e S CERTIFICATE OF ACKNOWLEDGMENT Before me, the undersigned Notary Public, on this day personally appeared Bradley Price Keever, who is personally known to me (or proved to me through a federal or state issued ID with photo and signature of person identified) to be the person whose name is subscribed to the foregoing instrument, and who has acknowledged to me that he is the President of The Woods at Flat Rock Creek Property Owners' Association, Inc. and that by authority duly given and as the act of The Woods at Flat Rock Creek Property Owners' Association, Inc. executed the instrument for the purposes and considerations expressed.
Given under my hand and seal of office on this the HOTARY OF TE MICHELLE ANN FERGUSON Notary Public, State of Texas Comm. Expires 01-14-2029 Notary ID 129265542 14 day of MAY мышцио Notary Public in and for The State of Texas 2025.
AFTER RECORDING, RETURN TO: The Woods at Flat Rock Creek Property Owners' Association, Inc.
P.O. Box 1987 Marble Falls, Texas 78654 3