Boling Townes Homeowners Association
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Boling Townes Homeowners Association's governing documents say
This is a loan modification agreement for a specific property in the Boling Townes Townhomes community in Clayton, NC. It is not a community rulebook; it only changes the mortgage terms for the borrower, Tami Belinda Sanders. It does not describe HOA rules, fees, or amenities.
- What this document is: A legal agreement between the borrower and Nationstar Mortgage LLC that modifies the existing mortgage loan on the property at 42 Sunnyview Lane. It is not a set of community rules.
- Loan modification terms: The loan balance is reduced to $98,513.48, with a new interest rate of 7.000% and a 40-year term, extending the maturity date to March 1, 2066. Monthly payments start at $1,021.62 (including escrow) and may adjust.
- Subordinate note: A separate $2,122.31 non-interest-bearing note is created, payable to HUD, due when the original loan is paid off, the property is sold, or the loan matures.
- Property transfer restrictions: The loan cannot be assumed by a buyer except under specific federal law (Garn-St Germain Act). Selling or transferring the property may require immediate full repayment of the loan.
- What this document doesn't cover: This document does not contain any HOA rules, covenants, fees, pet policies, rental restrictions, or other community regulations. It only addresses the mortgage for one property.
About this HOA
Boling Townes Homeowners Association is a homeowners association in Clayton, NC.
HOAproxy has 1 document on file for Boling Townes Homeowners Association: 1 recorded document. Last updated 2026-06-14.
Governing documents
- DOC820S3457 (9 pages) — PDF