§ 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, […]
§ 45-17 – Substitution made as often as justifiable.
45-17. Substitution made as often as justifiable. The powers set out in G.S. 45-10 and in G.S. 45-11 may be exercised as often and as many times as the right to make such substitution may arise under the terms of such section, and all the privileges and requirements and rights to contest the same as […]
§ 45-18 – Validation of certain acts of substituted trustees.
45-18. Validation of certain acts of substituted trustees. Whenever before January 1, 1979, a trustee has been substituted in a deed of trust in the manner provided by G.S. 45-10 to 45-17, but the instrument executed by the holder and/or owners of all or a majority in amount of the indebtedness, notes, bonds, or other […]
§ 45-19 – Mortgage to guardian; powers pass to succeeding guardian.
45-19. Mortgage to guardian; powers pass to succeeding guardian. When a guardian to whom a mortgage has been executed dies or is removed or resigns before the payment of the debt secured in such mortgage, all the rights, powers and duties of such mortgagee shall devolve upon the succeeding guardian. (1905, c. 433; Rev., s. […]
§ 45-20 – Sales by mortgagees and trustees confirmed.
45-20. Sales by mortgagees and trustees confirmed. All sales of real property made prior to February 10, 1905, by mortgagees and trustees under powers of sale contained in any mortgage or deed of trust in compliance with the powers, terms, conditions and advertisement set forth and required in any such mortgage or deed of trust, […]
§ 45-7 – Agent to sell under power may be appointed by parol.
45-7. Agent to sell under power may be appointed by parol. All sales of real property, under a power of sale contained in any mortgage or deed of trust to secure the payment of money, by any mortgagee or trustee, through an agent or attorney for that purpose, appointed orally or in writing by such […]
§ 45-4 – Representative succeeds on death of mortgagee or trustee in deeds of trust; parties to action.
45-4. Representative succeeds on death of mortgagee or trustee in deeds of trust; parties to action. When the mortgagee in a mortgage, or the trustee in a deed in trust, executed for the purpose of securing a debt, containing a power of sale, dies before the payment of the debt secured in such mortgage or […]
§ 45-5 – Foreclosures by representatives validated.
45-5. Foreclosures by representatives validated. In all actions which were brought or prosecuted prior to the fourth day of March, 1905, for the foreclosure of any mortgage or deed in trust by any executor or administrator of any deceased mortgagee or trustee where the heirs of the mortgagee were duly made parties and regular and […]