PRE-AUTHORIZED ELECTRONIC ASSESSMENT PAYMENT SERVICE

WHAT:

1^ST National Bank of Nevada and 1^st National Bank of Arizona offer association homeowners an opportunity to pay their regular association assessments using automated electronic payments.  Pre-authorized Automatic Payments mean that the homeowner can pay their assessments without writing checks, thus eliminating the  potential for late payments.  In addition, the association is assured prompt, predictable payments to help better manage funds.  This program is available to all homeowners regardless of where they bank.

HOW:

The pre-authorized assessment payment service uses the  Federal Reserve System’s Automated Clearing House (ACH) to facilitate electronic transfers from homeowner checking accounts directly into the association’s bank account.  Funds are transferred between the 5^th and 10^th day of the month and appear on the homeowners bank statement each month.  Information regarding payments is reported to the association’s management or bookkeeping company on the same day funds are deposited to the association’s account.

WHEN:

Pre-Authorization Automatic Assessment Payment Services are available at no additional charge to you or your association.

TO ENROLL:

Read, complete, and sign the attached Pre-Authorized Assessment Payment Services Authorization card.  ATTACH A VOIDED CHECK to the authorization card and mail both along with your current month’s assessment to:

BENCHMARK ASSOCIATION SERVICES

1515 E TROPICANA AVENUE #350A

LAS VEGAS, NV 89119-6520

 Authorization must be received by the 5^th of the current month for automatic payment processing to start with the following month’s payment.

If you have any questions or need further information, please call our Homeowner Association expert:

Please return to Linda Gillette

(702) 795-3344 ext. 233         (702) 507-1776 Fax

PRE-AUTHORIZED ELECTRONIC ASSESSMENT PAYMENT SERVICES AUTHORIZATION CARD

(please print)

YOUR ASSOCIATION NAME

ASSOCIATION ACCOUNT NUMBER

NAME(S) LAST                  FIRST                           MI

NAME(S) LAST                  FIRST                           MI

ADDRESS

CITY                                    STATE                         ZIP

DAYTIME PHONE NUMBER

I (we) hereby authorize First National Bank of Nevada and Arizona, hereinafter referred to as BANK, as agent for the association named above to initiate debit entries to my (our) checking/savings account at the depository named below, hereinafter referred to as the DEPOSITORY, to debit the same to such account.

_______________________________________DEPOSITORY NAME (YOUR BANK)

This authority is granted in accordance with the terms and conditions of the BANK’S Pre-authorized Electronic Assessment Payment Service Agreement & Disclosure Statement receipt of which I hereby acknowledge.  This authority is to remain in full force and effect until BANK has received written notification from me (or either of us) of its termination in such manner as to afford BANK reasonable opportunity to act on it.

SIGNATURE (REQUIRED)                                   DATE

SIGNATURE (REQUIRED)                                   DATE

FOR OFFICE USE ONLY

ENTRY DATE: _____________________________