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.
Fax Number: Settlers first came to Trenton, the county seat of Dade County, in the 1830s. Incorporated on February 18, 1854, the city recognizes the industrial engineers from Trenton, NJ who came to the area in search of coal and iron. In the late 1890s, Dade County built a new courthouse, jail and library in downtown Trenton.