§ 45-4. Representative succeeds on death of mortgagee or trustee in deeds of trust; parties to action.
If a mortgagee or trustee dies before the secured debt is paid, the executor, administrator, or collector takes over the title, rights, powers, and duties, including the power to start foreclosure; the heirs do not need to be made parties.
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- United States — North Carolina
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- en
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§ 45-4. Representative succeeds on death of mortgagee or trustee in deeds of trust; parties to action.
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