Kyndal Community Association, Inc

What Kyndal Community Association, Inc's governing documents say

This is a Deed of Trust (a mortgage document) for a specific property in the Kyndal subdivision, not a community rulebook. It secures a loan from First Federal Bank to Lane Installation LLC, using the property at 86 Bornean Dr, Garner, NC as collateral. It binds the property owners (Mark and Katherine Lane) to the lender's terms, not to community association rules.

• What this document is: A Deed of Trust recorded in Johnston County, NC, securing a $48,602.34 loan dated January 16, 2026, from First Federal Bank to Lane Installation LLC. The property owners, Mark and Katherine Lane, pledge their lot (Lot 131, Kyndal Subdivision, Phase 8) as collateral for the loan.
• Who it binds: The Grantors (Mark and Katherine Lane) are bound to the lender's terms, including maintaining the property, paying taxes and assessments, and not transferring or altering the property without lender consent. The borrower (Lane Installation LLC) is responsible for the loan payments, but the Lanes' property secures the debt.
• Property maintenance & use: The owners must keep the property in good condition, not allow waste or deterioration, and not change the occupancy or use without the lender's written consent. They must also keep it free of noxious weeds and grasses.
• Leasing & rentals: The document does not address community leasing rules, but it does require the owners to assign to the lender any rights to lease or rent payments if the lender requests, and it prohibits changes in occupancy without lender consent.
• What this document doesn't cover: This is not a community association rulebook. It does not contain HOA covenants, restrictions, fees, or amenities. For community rules, you would need to review the Kyndal subdivision's declarations or covenants (CC&Rs) separately.

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.