Automatic Withdrawl Option

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    Attent ion Al l S ton egate Subd iv isi on H omeo wner s!New Payment Plan Opt ion Availa ble for Dues !

    The Stonegate Board has partnered with Intermountain Community Bank inCaldwell, Idaho to offer the convenience of direct deposit of your assessment

    payments from your personal accounts to the Stonegate HomeownersAssociation bank account.

    To take advantage of this service, complete the attached form and bring toannual meeting on February 26th, 2009 at the Library from 7-9pm or send to:

    Stonegate Subdivision Homeowner AssociationP.O. Box 1516

    Caldwell, ID 83606-1516

    Questions?Email: [email protected]

    Advantages of Enrolling: As long as monthly payments are received you will always be current

    on your dues!

    Low amount fits easily into your monthly budget! You can evencustomize to have your dues withdrawn on bi-weekly, monthly,quarterly, or semi-annual basis!

    Never have to worry about writing out and mailing a check for duesagain!

    If you are delinquent on your past dues, we can adjust monthlypayment to help you become current within 12 months and as a one-time offer will waive the 12% interest charges on past due amountsuntil after Dec. 31st, 2009!

    Your can change or cancel your automatic payment at anytime!

    Determining Payment Amount: To determine what your paymentshould be, please complete the following formula worksheet.

    A. Past Due Balance shown on current bill....$_________B. Yearly Assessment Total:..$__120____C. Total of A + B: .........

    $___________D. Number of Payments to be made this year: .

    ___________a. For Weekly Payments enter 52b. For Bi-Weekly Payments enter 26c. For Monthly Payments enter 12d. For Quarterly Payment enter 4e. For Semi-Annual Payments enter 2

    E. Divide C by DTotal PaymentAmount:$__________

    Example 1: If your bill shows you are current on my dues and only owe the $60assessment for the first half of this year, and you want to make monthly payments, youwould enter the following totals in my worksheet A=$0, B=$120, C=$120, D=12, E=$10. So

    mailto:[email protected]:[email protected]
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    my total payment amount equal $10 to be automatically withdrawn each month from yourbank account.

    Example 2: If your bill shows you owe $360 in past dues on top of the $60assessment for the first half of this year, and you want to make bi-weekly payments, youwould enter the following totals in your worksheet: A=$360, B=$120, C=$480, D=26, E=$18.46. So every two weeks you would have $18.46 automatically withdrawn from yourbank account.

    Authoriza tion Ag reement for Automa tic W ithdr awal o f FundsCompany Na me: Stonegate Subdivision Homeowner AssociationContac t Inf ormation : P.O. Box 1516, Caldwell, ID 83606-1516Ema il : [email protected] ivi ng Financi al In st itution : Intermountain Community BankContac t Inf ormation : 506 South 10th Ave., Caldwell, ID 83605Phone: (208) 454-2800 Fax: (208)454-2484

    Homeo wner In for mationLast Name: First Name:

    Street Address:

    City: State: Zip:

    Email: Phone:

    Billing Address (if different than above):

    City: State: Zip:

    Please debit payments from my(check one):

    Checking Account (stapleVOIDED check below)

    Savings Account (contact your

    financial institution for Routing #)

    Rout ing Number : (valid # starts with 0,1, 2, 3)

    Account Nu mber :

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    Frequency of Payment: (please check one only) Weekly on _________ (day of week)

    Bi-Weekly on every other ________(day of week)

    Monthly on _______ day of each month

    Quarterly on _______day of January, April, July, andOctober

    Semi-Annually on _______ day of January and July

    Yearly on _________ day of __________ (Month)

    Date of First Payment:

    ______/______/______

    Amount of Each Payment:

    $________________Payment = (Past due Amount + $120 for CurrentAnnual Dues) divided by yearly Frequency ofPayments

    Agreement:

    I authorize the above company, Stonegate Subdivision Homeowners Association,and Intermountain Community Bank to process debit entries to my account as

    described above. I understand that this authority will remain in effect until I providenotification to terminate the authorization.

    Authorized Signature:____________________________________ Date: __________________