48-3164. Priority of mortgage liens
71 words·~1 min read·
/az/title-48/48-3164A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The mortgage liens into which assessments or tax liens are converted by mortgage, as provided by this article, shall constitute negotiable mortgage liens upon such lands in accordance with the priority established by the district board, notwithstanding the conversion of assessment or tax liens into mortgage or contract liens, and shall be prior and superior to all other liens or encumbrances except liens of state, county and district taxes not converted.