Legal Opinion

In re Fortescue

Court of Appeals of North Carolina

Decided April 15, 1986No. 8529SC551Published

1Opinion of the Court

BECTON, Judge.

Respondent, William N. Fortescue, Jr., appeals from an order allowing foreclosure on real property he owns in Henderson County, North Carolina.

I

On 5 October 1979, Fortescue executed a promissory note in the amount of $30,000 in favor of A. S. Browning, Jr., and executed a deed of trust to James H. Toms, as trustee for Browning, to secure the debt. Subsequently, $20,000 of the original note was repaid to Browning, and the note was modified on 2 February 1983 so that the remainder was due and payable on or before 2 August 1983.

The debt was not repaid by 2 August 1983, and, in late…

2Cases cited4 opinions

  1. Lovell v. Rowan Mutual Fire InsuranceSupreme Court of North Carolina · 1981
  2. In Re the Foreclosure of the Deed of Trust of BurgessCourt of Appeals of North Carolina · 1980
  3. Lovell v. Rowan Mutual Fire InsuranceCourt of Appeals of North Carolina · 1980
  4. PMB, INC. v. RosenfeldCourt of Appeals of North Carolina · 1980

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