State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_47 > GS_47-21

§ 47‑21.  Blank ormaster forms of mortgages, etc.; embodiment by reference in instruments laterfiled.

It shall be lawful for anyperson, firm or corporation to have a blank or master form of mortgage, deed oftrust, 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 theregister of deeds. When any such blank or master form is filed, the register ofdeeds shall record it and shall index it in the manner now provided by law forthe indexing of instruments recorded in the office of the register of deeds,except that the name of the person, firm or corporation whose name appears onsuch blank or master form shall be inserted in the indices as grantor and alsoas grantee. The fee for filing, recording and indexing such blank or masterform shall be that for recording instruments in general, as provided in G.S.161‑10(a)(1).

When any deed, mortgage, deedof 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 formrecorded as herein authorized, and states the office of recordation of suchblank or master form, book and page where same is recorded such reference shallbe equivalent to setting forth in extenso in such deed, mortgage, deed oftrust, 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 thissection 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, Stanly, Swain,Transylvania, Vance, Washington and Watauga Counties. (1935, c. 153; 1971, c. 156;2001‑390, s. 4.)