71-1-103. Mortgage a special lien -- on what a lien.
45 words·~1 min read·
/mt/title-71/chapter-1/part-1/71-1-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
71-1-103 . Mortgage a special lien -- on what a lien.
(1)The lien of a mortgage is special, unless otherwise expressly agreed, and is independent of possession.
(2)A mortgage is a lien upon everything that would pass by a grant of the property.