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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Chattel Mortgage.—A chattel mortgage is a conveyance of personal property, as distinguished from real property, to secure the debt of the lender or mortgagor.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
It is usual for the mortgagor to insure the property for the benefit of the mortgagee.
From Up To Date Business Home Study Circle Library Series (Volume II.) by Eaton, Seymour
A mortgage is prepared by the solicitor of the mortgagee, and the mortgagor bears the whole expenses of the transaction.
From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 "Convention" to "Copyright" by Various
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