§ 58-74-20. Clerk of court may give surety by mortgage deposited with register. - North Carolina Statutes

§58‑74‑20.  Clerk of court may give surety by mortgage depositedwith register.

In all cases where the clerkof the superior court may be required to give surety, he may deposit a mortgagewith the register of deeds, payable to the State, and conditioned, as the bondwould have been required, with power of sale. The power of sale shall beexecuted by the register of deeds, upon a breach of any of the conditions ofsaid mortgage; and the register of deeds shall in all cases immediatelyregister the same, at the expense of the said clerk. (1874‑5,c. 103, s. 6; Code, s. 122; Rev., s. 268; C.S., s. 349.)