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. 1034; C.S., s. 2584.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 45 - Mortgages and Deeds of Trust
Article 2 - Right to Foreclose or Sell under Power.
§ 45-5 - Foreclosures by representatives validated.
§ 45-6 - Renunciation by representative; clerk appoints trustee.
§ 45-7 - Agent to sell under power may be appointed by parol.
§ 45-8 - Survivorship among donees of power of sale.
§ 45-9 - Clerk appoints successor to incompetent trustee.
§ 45-10 - Substitution of trustees in mortgages and deeds of trust.
§ 45-14 - Acts of trustee prior to removal not invalidated.
§ 45-15 - Registration of substitution constructive notice.
§ 45-17 - Substitution made as often as justifiable.
§ 45-18 - Validation of certain acts of substituted trustees.
§ 45-19 - Mortgage to guardian; powers pass to succeeding guardian.
§ 45-20 - Sales by mortgagees and trustees confirmed.
§ 45-20.1 - Validation of trustees' deeds where seals omitted.
§ 45-20.3 - Validation of deeds where seal omitted on power of attorney.
§ 45-21 - Validation of appointment of and conveyances to corporations as trustees.