Sec. 15-1208. Mortgagee.
44 words·~1 min read·
/il/chapter-735/act-5/15-1208A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 15-1208. Mortgagee. "Mortgagee" means
(i)the holder of an indebtedness or obligee of a non-monetary obligation secured by a mortgage or any person designated or authorized to act on behalf of such holder and
(ii)any person claiming through a mortgagee as successor.