North Carolina General Statutes 45-17. Substitution made as often as justifiable
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Terms Used In North Carolina General Statutes 45-17
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The powers set out in N.C. Gen. Stat. § 45-10 and in N.C. Gen. Stat. § 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 set out in N.C. Gen. Stat. § 45-10 to 45-17 shall apply to each deed of trust or mortgage and to each substitution. (1931, c. 78, s. 8; 1941, c. 115, s. 5.)