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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But if he insures the property at the mortgagor's request or at his expense, then the mortgagor would have the benefit of the insurance.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
The covenants for title implied by a mortgagor conveying “as beneficial owner” are the same as in the case of a vendor, but they are absolute and not qualified in the manner above pointed out.
From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 "Convention" to "Copyright" by Various
When the mortgagee takes possession of the vessel he is entitled to all the earnings that accrue, but not to those which the mortgagor has reserved, even though they are for the current voyage.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
In other cases the mortgagee must apply to the court to fix a time for the sale of the property, if the mortgagor fails to make payment.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney