Monthly - $2,180
Second person: $325/month
Monthly - $970
Monthly - $1,600
Monthly - $2,050
Second person: $305/month
Monthly - $910
Monthly - $1,505
Monthly - $2,650
Second person: $325/month
Monthly - $1,080
Monthly - $1,830
Monthly - $2,490
Second person: $305/month
Monthly - $1,015
Monthly - $1,720
Monthly - $3,420
Second person: $325/month
Monthly - $1,460
Monthly - $2,450
Monthly - $3,215
Second person: $305/month
Monthly - $1,370
Monthly - $2,303
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AMORTIZATION OF ENTRANCE FEES
75% Refundable Entrance Fee
Twenty-five percent (25%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entry fee shall remain unamortized and fully refundable, without interest, upon termination of the Agreement for any reason. The Refund shall be paid in accordance with the terms of this Agreement.
Schedule for 6-Year Amortizing Option
Five percent (5%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entrance Fee shall be amortized and earned by the Retirement Community at the rate of twenty-four percent (24%) for the first year, eighteen percent (18%) for the second year, eighteen percent (18%) for the third year, twelve percent (12%) for the fourth year, twelve percent (12%) for the fifth year and eleven percent (11%) for the sixth year pro-rated monthly during a period of six years from the Designated Occupancy Date or occupancy, whichever is earlier. All percentages in this paragraph are applied to the entrance fee paid or due upon occupancy. At the conclusion of the six (6) year amortization period, the Entrance Fee shall be earned in full by the Retirement Community.
Rental Entrance Fee
The Entrance Fee is a non-refundable deposit payable to Retirement Community and is not amortized.