Meadows at Flowers Plantation Homeowners Association, Inc

What Meadows at Flowers Plantation Homeowners Association, Inc's governing documents say

This is a mortgage deed of trust for a single-family home in the Meadows at Flowers Plantation community in Archer Lodge, NC. It is not a community rulebook; it is a lender's security document that binds the borrower (the homeowner) to the mortgage terms, including paying any HOA dues and assessments.

• What this document is: This is a standard North Carolina mortgage/deed of trust, not a set of community rules. It secures a $479,750 loan on a single-family home at 166 Daffodil Ln, Clayton, NC.
• HOA dues & assessments: The borrower must pay all community association dues, fees, and assessments, and the lender may require them to be escrowed as part of the monthly mortgage payment.
• Occupancy requirement: The borrower must occupy the home as their principal residence within 60 days of closing and continue to do so for at least one year, unless the lender agrees otherwise.
• Property maintenance: The borrower must maintain the property to prevent deterioration or decrease in value, and must promptly repair any damage.
• 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).
• What this document doesn't cover: This document does not contain community rules about pets, parking, architectural review, age restrictions, or other HOA covenants. Those would be in a separate declaration of covenants, conditions, and restrictions (CC&Rs).

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.