{"data":{"id":"us-nc/n.c.-gen.-stat.-45-67","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 45-67","heading":"Definitions.","body":"The following definitions apply in this Article:\n(1)\tAdvance. - A disbursement of funds or other action that increases the outstanding principal balance owing on an obligation for the payment of money.\n(2)\tSecurity instrument. - A mortgage, deed of trust, or other instrument relating to real property securing an obligation or obligations to a person, firm, or corporation specifically named in such instrument for the payment of money. (1969, c. 736, s. 1; 1989, c. 496, s. 1; 2009-197, s. 1.)","path":["Chapter 45. Mortgages and Deeds of Trust.","Article 7. Instruments to Secure Future Advances and Future Obligations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_45/GS_45-67.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:02:57Z","sha256":"ade4369265ae80ec9bd511ceda1f9945455cca03f271986457ea6cc1654e4932","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-45-46-through-45-66","next":"us-nc/n.c.-gen.-stat.-45-68"},"notice":"GroundRules: Original legal text. Not legal advice."}