Common use of RESERVATION, DEPOSITS AND PAYMENTS Clause in Contracts

RESERVATION, DEPOSITS AND PAYMENTS. Your tentative space reservations and personal license to use the Clubhouse is outlined below: Event Date…………………………………… Beginning Time (includes setup time) ……… Ending Time…………………………………. Type of Event or Function…………………… Maximum Number of Guests………………… Music or Entertainment……………………… ….Type (live, other) Food or Beverage to be served………………. ….Type (caterer/alcohol/no alcohol) Special Conditions: Rental Fee……………………………………. $125.00 Security Deposit……………………………... $200.00 (Refundable under agreement terms.) Check held until after the event. Cleaning Service Fee………………………… Included in rental rate Payment Due (Check payable to Stone Park Association)…… Upon consummation of contract. Payment Received…………………………… Post-Event Inspection Date………………….. *Rental fee includes all expenses related to the rental of the Clubhouse and cannot be waived. Payments must be received from the Stone Park HOA Member ONLY. Cash and credit card payments are not accepted. Security Deposit and Rental Fee must be provided in two (2) separate check payments; one (1) for rental fee; one (1) for deposit made payable to Stone Park Association, Inc. Return check fees will be charged at the maximum allowable by current laws. Security deposits will be returned within seven (7) business days after Post-Event Inspection Date and/or shredded at the Member’s request. No event will be placed on the Clubhouse calendar until consummation of Stone Park Clubhouse Rental Contract and required fees are paid. All events must end by “Ending Time” unless otherwise expressly provided herein. Events exceeding their “Ending Time” are subject to loss of the security deposit in its entirety. The Clubhouse will be used for the above stated function, event or purpose. Functions shall not impede, inconvenience, or interfere with any of the Associations activities scheduled on event date. The HOA Manager and/or designee may request proof of residency before a reservation can be made. Reservations will NOT be made for Members with outstanding Association dues, fines and or fees. The undersigned Member hereby certifies that he/she is a resident of Stone Park and/or occupant of the Villas, and that he/she will personally attend the affair and be present during the hours reserved, accompanying guests. The Member may not sublet or reassign the use of the Clubhouse. To confirm your space reservation, please sign and return a copy of this CONTRACT together with the previously outlined fees. Cancellation is allowed, but must be submitted in writing to the HOA Manager under the below terms: Written Notice Prior to Function Charge to Member =/> (equal to or greater than) 8 Days prior to Event No Charge =/< (equal to or less than) 7 Days prior to Event Charge $125.00 “Estimated charges” include reservation fee and all other amounts agreed to be paid hereunder. Where amounts are not specified, Association’s rate schedule will apply. The Association reserves the right to waive cancellation fees in emergency situations at the discretion of the HOA Manager.

RESERVATION, DEPOSITS AND PAYMENTS. Your tentative space reservations and personal license to use the Clubhouse is outlined below: Event Date…………………………………… Beginning Time (includes setup time) …and Ending Times……..…… Ending Time…………………………………. Type of Event or Function…………………… Maximum Number of Guests………………… Music or Entertainment……………………… ….Type (live, other) : Yes / No Food or Beverage to be served………………. ….Type (caterer/alcohol/no alcohol) Be Served: Yes / No Special Conditions: Rental Reservation Fee…………………………. $ Security Deposit…………. ……………… $125.00 Security 350.00 Key Deposit……………………………... $200.00 .. $ 35.00 (Refundable under agreement terms.included in security deposit) Check held until after the event. Cleaning Service Fee………………………… Included $ included in rental rate Payment Due price Pool Deck (Check payable has) (has not) been reserved as a part of this rental. (Manager’s Initials Required) (Member’s Initials Required) Swimming Pool (has) (has not) been reserved as a part of this rental. (Manager’s Initials Required) (Member’s Initials Required) Revised March 31, 2019 Member must also be a Sturbridge Park & Pool/Fitness member to Stone Park Association)…… Upon consummation of contractreserve the pool or pool area. Payment Received…………………………… Post-Event Inspection Date………………….. *Rental fee includes all expenses related to the rental No reservation of the Clubhouse and cannot pool shall be waived. Payments must be received from the Stone Park HOA Member ONLY. Cash and credit card payments are not accepted. Security Deposit and Rental Fee must be provided in two (2) separate check payments; one (1) for rental fee; one (1) for deposit made payable to Stone Park Association, Inc. Return check fees will be charged at the maximum allowable by current laws. Security deposits will be returned within seven (7) business days after Post-Event Inspection Date and/or shredded at the valid without Member’s requestwritten acknowledgement of his receipt of the Sturbridge Park Pool Rules and Regulations. No event will be placed on Reservations are made in 4 hour increments unless approved in advance by the Clubhouse calendar until consummation of Stone Park Clubhouse Rental Contract and required fees are paidManager. All events must end by “Ending Time” 10:00 p.m., unless otherwise expressly provided herein. Events exceeding their “Ending Time” are subject Additional usage will be billed on a pro rata basis. Current Clubhouse Rules do not permit reservations to loss of be made more than six (6) months in advance. However, if the security deposit function is more than three (3) months after the above rates, fees or prices have been agreed upon, any increases in its entiretyAssociations Clubhouse costs may result in a dollar for dollar increase in price. The Clubhouse will be used for the above stated function, event or purpose. Functions shall not impede, inconvenience, inconvenience or interfere with any of the Associations scheduled activities scheduled on event date. The HOA Manager and/or designee may request proof of residency before a reservation can be made. Reservations will NOT be made for Members with outstanding Association dues, fines and or feesthat day. The undersigned Member hereby certifies that he/he or she is a resident of Stone Park and/or occupant of the Villas, Sturbridge and that he/he or she will personally attend the affair and be present at all times during the hours reserved, accompanying guestsreserved as stated above. The Member may not sublet or reassign the use of the Clubhouse. To In order to confirm your space reservation, please sign and return a copy of this CONTRACT acknowledging the receipt and review of the Clubhouse Rules and Regulations together with the previously outlined feesdeposit of $350.00. Cancellation is allowedShould it become necessary for you to cancel, but must you will be submitted in writing to the HOA Manager under the below termscharged as follows: Written Notice Prior to Function Charge to Member =/> (equal to 10 or greater than) 8 More Than 10 Days prior to Event No Charge =/< (equal to or less than) 7 Less than 10 Days prior to Event Charge $125.00 50.00 “Estimated charges” include reservation fee and all other amounts agreed to be paid hereunder. Where amounts are not specified, Association’s rate schedule will apply. The Association reserves the right to waive cancellation fees in emergency situations at the discretion of the HOA Clubhouse Manager.

RESERVATION, DEPOSITS AND PAYMENTS. Your tentative space reservations and personal license to use the Clubhouse is outlined below: Event Date…………………………………… Beginning Time (includes setup time) ……… Ending Time…………………………………. Type of Event or Function…………………… Maximum Number of Guests………………… Music or Entertainment……………………… ….Type (live, other) Food or Beverage to be served………………. ….Type (caterer/alcohol/no alcohol) Special Conditions: Rental Fee……………………………………. $125.00 75.00 Security Deposit……………………………... $200.00 100.00 (Refundable under agreement terms.Refundable) Check held until after the event. Cleaning Service Fee………………………… Included in rental rate Payment Due (Check payable to Stone Park Association)…… Upon consummation of contract. Payment Received…………………………… Pre-Event Inspection Date…………………… Post-Event Inspection Date………………….. *Rental fee includes all expenses related to the rental of the Clubhouse and cannot be waived. Payments must be received from the Stone Park HOA Member ONLY. Cash and credit card payments are not accepted. Security Deposit and Rental Fee must be provided in two (2) separate check payments; one (1) for rental fee; one (1) for deposit made payable to Stone Park Association, Inc. Return check fees will be charged at the maximum allowable by current laws. Security deposits will be returned within seven (7) business days after Post-Event Inspection Date and/or shredded at the Member’s request. No event will be placed on the Clubhouse calendar until consummation of Stone Park Clubhouse Rental Contract and required fees are paid. All events must end by “Ending Time” unless otherwise expressly provided herein. Events exceeding their “Ending Time” are subject to loss Additional usage will be billed on a pro rata basis of the security deposit in its entirety$25.00 per half hour. The Clubhouse will be used for the above stated function, event or purpose. Functions shall not impede, inconvenience, inconvenience or interfere with any of the Associations activities scheduled on event date. The HOA Manager and/or designee may request proof of residency before a reservation can be made. Reservations will NOT not be made for Members with outstanding Association dues, fines and or fees. The undersigned Member hereby certifies that he/she is a resident of Stone Park and/or occupant of the Villas, and that he/she will personally attend the affair and be present (at all time) during the hours reserved, accompanying guests. The Member may not sublet or reassign the use of the Clubhouse. To confirm your space reservation, please sign and return a copy of this CONTRACT together with the previously outlined feesfees totaling $175.00. Cancellation is allowed, but must be submitted in writing to the HOA Manager under the below terms: Written Notice Prior to Function Charge to Member =/> (equal to or greater than) 8 Days prior to Event No Charge =/< (equal to or less than) 7 Days prior to Event Charge $125.00 75.00 (Security deposit will be returned) “Estimated charges” include reservation fee and all other amounts agreed to be paid hereunder. Where amounts are not specified, Association’s rate schedule will apply. The Association reserves the right to waive cancellation fees in emergency situations at the discretion of the HOA Manager.