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
If they are destroyed by fire, the mortgagor cannot claim to have the insurance applied in liquidation of the mortgage debt.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
And the principal cause will be that the mortgagor has discovered that he has no equity in the property.
From The Arena Volume 18, No. 93, August, 1897 by Various
The mortgagee, therefore, can first collect the insurance money and then proceed to collect the debt that is due to him from the mortgagor.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
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
