§ 45-20.1 – Validation of trustees' deeds where seals omitted.
45-20.1. Validation of trustees’ deeds where seals omitted. All deeds executed prior to January 1, 1991, by any trustee or substitute trustee in the exercise of the power of sale vested in him under any deed, deed of trust, mortgage, will, or other instrument in which the trustee or substitute trustee has omitted to affix […]
§ 45-20.3 – Validation of deeds where seal omitted on power of attorney.
45-20.3. Validation of deeds where seal omitted on power of attorney. All deeds and other conveyances executed prior to January 1, 1991, by any attorney-in-fact in the exercise of a power of attorney are valid even though the signature of the principal was not affixed under seal on the instrument creating the power of attorney. […]
§ 45-21 – Validation of appointment of and conveyances to corporations as trustees.
45-21. Validation of appointment of and conveyances to corporations as trustees. In all deeds of trust made prior to March 15, 1941, wherein property has been conveyed to corporations as trustees to secure indebtedness, the appointment of said corporations as trustees, the conveyances to said corporate trustees, and the action taken under the powers of […]
§ 45-21.01 – Foreclosure of deeds of trust and mortgages on property affected by boundary certification.
45-21.01. Foreclosure of deeds of trust and mortgages on property affected by boundary certification. (a) Foreclosure actions initiated on real property encumbered by a security instrument recorded in South Carolina wherein the real property is situated, in whole or in part, within the certified North Carolina boundaries shall be governed by the terms of the […]
§ 45-8 – Survivorship among donees of power of sale.
45-8. Survivorship among donees of power of sale. In all mortgages and deeds of trust of real property wherein two or more persons, as trustees or otherwise, are given power to sell the property therein conveyed or embraced, and one or more of such persons dies, any one of the persons surviving having such power […]
§ 45-9 – Clerk appoints successor to incompetent trustee.
45-9. Clerk appoints successor to incompetent trustee. When the sole or last surviving trustee named in a will or deed of trust dies, removes from the county where the will was probated or deed executed and/or recorded and from the State, or in any way becomes incompetent to execute the said trust, or is a […]
§ 45-10 – Substitution of trustees in mortgages and deeds of trust.
45-10. Substitution of trustees in mortgages and deeds of trust. (a) In addition to the rights and remedies now provided by law, the noteholders may, in their discretion, substitute a trustee whether the trustee then named in the instrument is the original or a substituted trustee or a holder or owner of any or all […]
§ 45-11 – Appointment of substitute trustee upon application of subsequent or prior lienholders; effect of substitution.
45-11. Appointment of substitute trustee upon application of subsequent or prior lienholders; effect of substitution. When any person, firm, corporation, county, city or town holding a lien on real property upon which there is a subsequent or prior lien created by a mortgage, deed of trust or other instrument, the mortgagee or trustee therein named […]
§ 45-14 – Acts of trustee prior to removal not invalidated.
45-14. Acts of trustee prior to removal not invalidated. If any such trustee who has been substituted as provided in G.S. 45-10 or in G.S. 45-11 shall have performed any functions as such trustee and shall thereafter be removed as provided in G.S. 45-10 to 45-17, such removal shall not invalidate or affect the validity […]
§ 45-15 – Registration of substitution constructive notice.
45-15. Registration of substitution constructive notice. The registration of such paper-writing designating a new trustee under G.S. 45-10 or under G.S. 45-11 shall be from and after registration, constructive notice to all persons, and no appeal or other proceedings shall be instituted to contest the same after one year from and after such registration. (1931, […]