Legal Opinion
In Re the Foreclosure of the Deed of Trust Executed by Bonder
Supreme Court of North Carolina
Decided August 3, 1982No. 56PA82PublishedCited by 10 opinions
1Opinion of the Court
COPELAND, Justice.
The most significant issue precisely raised in this appeal is whether a savings and loan institution may demand full and present payment of the total outstanding amount of a loan secured by a deed of trust upon residential real estate if the borrowers breach their covenant in the deed not to convey the property without the institution’s consent and then, in the event of the borrowers’ failure to comply with the demand for payment, institute foreclosure proceedings upon the property in accordance with our statutes. We hold that the lending institution may indeed do so *455where,…
2Cases cited11 opinions
- Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982
- Crockett v. First Federal Savings & Loan Ass'n of CharlotteSupreme Court of North Carolina · 1976
- Williams v. First Federal Savings & Loan Ass'n of ArlingtonCourt of Appeals for the Fourth Circuit · 1981
- Century Fed. Sav. & Loan Assn. v. Van GlahnNew Jersey Superior Court Appellate Division · 1976
- Mills v. Nashua Federal Savings & Loan Ass'nSupreme Court of New Hampshire · 1981
6 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Matter of Foreclosure of Trust by GoforthSupreme Court of North Carolina · 1993
- Olean v. TregliaSupreme Court of Connecticut · 1983
- In re Foreclosure of Deed of Trust of Michael Weinman Associates General PartnershipSupreme Court of North Carolina · 1993
- In Re Foreclosure Under That Deed of Trust Executed by Azalea Garden Board & Care, Inc.Court of Appeals of North Carolina · 2000
- In Re Foreclosure of a Deed of Trust Given by TaylorCourt of Appeals of North Carolina · 1982
5 more not listed; retrieve them via the Exa API.