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Attent ion Al l S ton e ga te Subd iv isi on H omeo wner s!

New Payment Plan Opt ion Ava ila ble for Dues !

The Stonegate Board has partnered with Intermountain Community Bank in


Caldwell, Idaho to offer the convenience of direct deposit of your assessment
payments from your personal accounts to the Stonegate Homeowners
Association bank account.

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

Stonegate Subdivision Homeowner Association


P.O. Box 1516
Caldwell, ID 83606-1516

Questions?
Email: stonegatesubdivision@gmail.com

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 even
customize to have your dues withdrawn on bi-weekly, monthly,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 dues
again!
 If you are delinquent on your past dues, we can adjust monthly
payment to help you become current within 12 months and as a one-
time offer will waive the 12% interest charges on past due amounts
until after Dec. 31st, 2009!
 Your can change or cancel your automatic payment at anytime!

 Determining Payment Amount: To determine what your payment


should 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: ........……………………….……………
$___________
D. Number of Payments to be made this year: …………….…
___________
a. For Weekly Payments enter 52
b. For Bi-Weekly Payments enter 26
c. For Monthly Payments enter 12
d. For Quarterly Payment enter 4
e. For Semi-Annual Payments enter 2
E. Divide C by D……………………Total Payment
Amount:$__________

Example 1: If your bill shows you are current on my dues and only owe the $60
assessment for the first half of this year, and you want to make monthly payments, you
would enter the following totals in my worksheet A=$0, B=$120, C=$120, D=12, E=$10. So
my total payment amount equal $10 to be automatically withdrawn each month from your
bank account.

Example 2: If your bill shows you owe $360 in past dues on top of the $60
assessment for the first half of this year, and you want to make bi-weekly payments, you
would 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 your
bank account.

Authoriza tion Ag reement f or A utoma tic W ithdr aw al o f Funds


Company Na me : Stonegate Subdivision Homeowner Association
Contac t Inf or mation : P.O. Box 1516, Caldwell, ID 83606-1516
Ema il : stonegatesubdivision@gmail.com
Rece ivi ng Financi al In st it ut ion : Intermountain Community Bank
th
Contac t Inf or mation : 506 South 10 Ave., Caldwell, ID 83605
Phone: (208) 454-2800 Fax: (208)454-2484

Homeo wner In for ma tion


Last Name: First Name:

Street Address:

City: State: Zip:

Email: Phone:

Billing Address (if different than above):

City: State: Zip:

Please debit payments from my Rout ing N umber : (valid # starts with 0,
(check one): 1, 2, 3)

 Checking Account (staple Account Nu mber :


VOIDED check below)
 Savings Account (contact your
financial institution for Routing #)
Frequency of Payment: (please check one only) Date of First Payment:
 Weekly on _________ (day of week)
 Bi-Weekly on every other ________(day of week) ______/______/______
 Monthly on _______ day of each month Amount of Each Payment:
 Quarterly on _______day of January, April, July, and $________________
October Payment = (Past due Amount + $120 for Current
 Semi-Annually on _______ day of January and July Annual Dues) divided by yearly Frequency of
 Yearly on _________ day of __________ (Month) Payments

Agreement:
I authorize the above company, Stonegate Subdivision Homeowner’s 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 provide
notification to terminate the authorization.

Authorized Signature:____________________________________ Date: __________________

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