§ 45-21.20. Satisfaction of debt after publishing or posting notice, but before completion of sale.
§45‑21.20. Satisfaction of debt after publishing or posting notice, butbefore completion of sale.
A power of sale is terminatedif, prior to the time fixed for a sale, or prior to the expiration of the timefor submitting any upset bid after a sale or resale has been held, payment ismade or tendered of
(1) The obligationsecured by the mortgage or deed of trust, and
(2) The expensesincurred with respect to the sale or proposed sale, which in the case of a deedof trust also include compensation for the trustee's services under theconditions set forth in G.S. 45‑21.15. (1949, c. 720, s. 1; 1967, c.562, s. 2.)