mortgagor
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
What really gives FHA insured mortgages distinction is that not only must the mortgagor and the servicing agent be approved but the mortgagee who puts up the funds must also pass muster.
From Time Magazine Archive
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The mortgagor, so long as he retains possession, has all the rights of ownership, and all contracts made by him are valid which do not impair the security of the mortgage.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
The mortgagor is dead, moved away, bankrupt, or working at daily labor—when he can get work—for his daily bread.
From The Arena Volume 18, No. 93, August, 1897 by Various
Whether you have “foreclosed” or not, the property is virtually yours; the mortgagor has no equity in it.
From The Arena Volume 18, No. 93, August, 1897 by Various
If a testator devises mortgaged land, is the devisee or person who receives the land also entitled to the money due from the mortgagor?
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney