Does a NOD ever Expire?

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I know that a Notice of Sale expires after 365 days from the original sale date per CCP section 2924g (not including tolling for BK or due to an injunction).
But does a Notice of Default ever expire? I see nothing obvious in the code. My client got an NOD almost 3 years ago, and no NOS. He attempted modification which failed, then nothing. Does he have to live perpetually under the threat of a sale 21 days out, or at some point must the FC company re notice the Default?
Thanks.
-Jeffrey B. Smith**
CURD, GALINDO & SMITH, L.L.P.
301 East Ocean Blvd. #1700
Long Beach, CA 90802
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Of California As A Specialist
In Bankruptcy Law

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