Legal Opinion

In re: Frucella

Court of Appeals of North Carolina

Decided October 2, 2018No. COA18-212PublishedCited by 5 opinions

1Opinion of the Court

ZACHARY, Judge.

*632 David and Marilyn Frucella ("Respondents") appeal from a trial court's order allowing CitiMortgage, Inc. to foreclose on their home under the power of sale provision in their deed of trust, arguing that *633 CitiMortgage was not the holder of the Note, which was lost. We find that CitiMortgage satisfied the statutory provisions for enforcement of a lost note, and was permitted by law to enforce the Note. Therefore, we affirm the trial court's order.

Background

On 28 June 1985, Respondents executed an Adjustable Rate Note ("Note") in the amount of $191,000 for their new home on…

2Cases cited6 opinions

  1. Sellers v. MortonCourt of Appeals of North Carolina · 2008
  2. In Re the Foreclosure of a Deed of Trust Executed by AdamsCourt of Appeals of North Carolina · 2010
  3. In Re the Foreclosure of a Deed of TrustSupreme Court of North Carolina · 2013
  4. Schiphof v. SchiphofCourt of Appeals of North Carolina · 2008
  5. In Re Goddard & Peterson, PLLCCourt of Appeals of North Carolina · 2016

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Cty. of Mecklenburg v. RyanCourt of Appeals of North Carolina · 2022
  2. Cty. of Mecklenburg v. RyanCourt of Appeals of North Carolina · 2022
  3. In re: SimmonsCourt of Appeals of North Carolina · 2023
  4. In re: WorshamCourt of Appeals of North Carolina · 2019
  5. Real Time ResolutionsCourt of Appeals of North Carolina · 2024

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