Without a subordination clause, loans take chronological priority. This means the oldest loan becomes the primary loan, with first call on the proceeds of a foreclosure sale. However, when a homeowner refinances his first mortgage, the lien priority changes. Refinancing cancels the loan and writes a new one.
Trenton, North Carolina. Trenton is a town in Jones County, North Carolina, United States. The population was 287 in 2010. It is the county seat of Jones County. Trenton is part of the New Bern, North Carolina Micropolitan Statistical Area.
Location of Harnett County within the state of North Carolina. Harnett County is a county equivalent area found in North Carolina, USA. The county government of Harnett is found in the county seat of Lillington. With a total 1,557.37 sq. km of land and water area, Harnett County, North Carolina is the 1739th largest county equivalent area in the United States. Home to 126,666 people, Harnett County has a total 48351 households earning 44625 on average per year.