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North Carolina General Statutes Chapter 45. Mortgages and Deeds of Trust § 45-21.20. Satisfaction of debt after publishing or posting notice, but before completion of sale

Current as of January 01, 2023 | Updated by Findlaw Staff

A power of sale is terminated if, prior to the time fixed for a sale, or prior to the expiration of the time for submitting any upset bid after a sale or resale has been held, payment is made or tendered of--

(1) The obligation secured by the mortgage or deed of trust, and

(2) The expenses incurred with respect to the sale or proposed sale, which in the case of a deed of trust also include compensation for the trustee's services under the conditions set forth in G.S. 45-21.15.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 45. Mortgages and Deeds of Trust § 45-21.20. Satisfaction of debt after publishing or posting notice, but before completion of sale - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-45-mortgages-and-deeds-of-trust/nc-gen-st-sect-45-21-20/

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