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.
N.C. Gen. Stat. § 45-19
Mortgage to guardian; powers pass to succeeding guardian
1905, c. 433; Rev., s. 1034; C.S., s. 2584.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.