58-74-35. When additional security required.
If, from any cause, the property mortgaged in lieu of a bond becomes of less value than the amount of the bond in lieu of which the mortgage is given, and it so appears upon affidavit of any person having any interest in the matter as a security for which the mortgage was given, it is the duty of the mortgagor to give additional security by a deposit of money, or the execution of a mortgage on more property, or justify as required in cases where bond or undertaking is given. (1874-5, c. 103, s. 5; Code, s. 119; Rev., s. 271; C.S., s. 352.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 74 - Mortgage in Lieu of Bond.
§ 58-74-1 - Mortgage in lieu of required bond.
§ 58-74-5 - Mortgage in lieu of security for appearance, costs, or fine.
§ 58-74-10 - Cancellation of mortgage in such proceedings.
§ 58-74-15 - Validating statute.
§ 58-74-20 - Clerk of court may give surety by mortgage deposited with register.
§ 58-74-25 - Mortgage in lieu of bond to prosecute or defend in civil case.