Weatherford Homeowners Association, Inc

What Weatherford Homeowners Association, Inc's governing documents say

This is a mortgage deed of trust for a single-family home in a planned unit development (PUD) in Angier, NC. It is not a community rulebook; it is a lender's security instrument that binds the borrower (homeowner) to the mortgage terms, including paying any HOA dues and maintaining the property.

• What this document is: This is a standard North Carolina mortgage/deed of trust, not a set of HOA rules. It secures a $368,000 loan on a single-family home in a PUD, and it requires the borrower to pay any community association dues, fees, and assessments.
• Occupancy requirement: The borrower must occupy the home as their principal residence within 60 days of signing and continue to live there for at least one year, unless the lender agrees otherwise or extenuating circumstances exist.
• Property maintenance: The borrower must maintain the property to prevent deterioration or decrease in value, and must promptly repair any damage. The lender may inspect the property, including the interior, with notice.
• Leasing & rentals: If the property is rented, the borrower assigns the rents to the lender upon default, and cannot collect more than one month's rent in advance (except security deposits). This is a lender protection, not a community rule.
• What this document doesn't cover: This document does not contain any HOA rules about pets, parking, architectural review, age restrictions, or other community standards. Those would be in the PUD's declaration or bylaws, which are not included here.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.