NAC319.533. “Second deed of trust” defined.

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“Second deed of trust” means an instrument, including, without limitation, a deed of trust, mortgage deed or other mortgage, that secures a second mortgage loan and second deed of trust note and creates a second lien, which is junior to a first lien, on a fee interest in real property located within this State.

(Added to NAC by Housing Div. by R166-99, eff. 6-15-2000)

                    
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