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

The mortgagor in most states is regarded as the real owner and remains in possession; and the mortgagee has a lien, or security for his advance of money or whatever it may be.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

Mortgages are frequently given in cases where there is a debt existing to secure or indemnify the mortgagee against some liability which he may possibly incur on behalf or for the benefit of the mortgagor.

From Up To Date Business Home Study Circle Library Series (Volume II.) by Eaton, Seymour

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 mortgagor may sell his land at any time subject to the mortgage, in other words he cannot by any sale impair the mortgagee's security.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney