Title: S.L. 1971-156
Category: Session Law

NORTH CAROLINA GENERAL ASSEMBLY
1971 SESSION

CHAPTER 156
HOUSE BILL 19

AN ACT TO AMEND G.S. 47-21 RELATING TO MASTER FORMS OF MORTGAGES SO AS TO PROVIDE THAT IT APPLIES IN ORANGE COUNTY.

The General Assembly of North Carolina do enact:

Section 1.  G.S. 47-21 is hereby amended by deleting from the penultimate line of this section the word "Orange" so that the statute reads as follows:
"§ 47-21.  Blank or master forms of mortgages, etc.; embodiment by reference in instruments later filed. – It shall be lawful for any person, firm or corporation to have a blank or master form of mortgage, deed of trust, or other instrument conveying an interest in, or creating a lien on, real and/or personal property, filed, indexed and recorded in the office of the register of deeds. When any such blank or master form is filed with the register of deeds, he shall record the same, and shall index the same in the manner now provided by law for the indexing of instruments recorded in his office, except that the name of the person, firm or corporation whose name appears on such blank or master form shall be inserted in the indices as grantor and also as grantee. The fee for filing, recording and indexing such blank or master form shall be five ($5.00) dollars.
When any deed, mortgage, deed of trust, or other instrument conveying an interest in, or creating a lien on, real and/or personal property, refers to the provisions, terms, covenants, conditions, obligations, or powers set forth in any such blank or master form recorded as herein authorized, and states the office of recordation of such blank or master form, book and page where same is recorded such reference shall be equivalent to setting forth in extenso in such deed, mortgage, deed of trust, or other instrument conveying an interest in, or creating a lien on, real and/or personal property, the provisions, terms, covenants, conditions, obligations and powers set forth in such blank or master form. Provided this section shall not apply to Alleghany, Ashe, Avery, Beaufort, Bladen, Camden, Carteret, Chowan, Cleveland, Columbus, Dare, Gates, Granville, Guilford, Halifax, Iredell, Jackson, Martin, Moore, Perquimans, Sampson, Stanley, Swain, Transylvania, Vance, Washington and Watauga counties."
Sec. 2.  This act shall be in full force and effect upon ratification.
In the General Assembly read three times and ratified, this the 5th day of April, 1971.

Page 	S.L. 1971-156	House Bill 19

House Bill 19	S.L. 1971-156	Page