Alabama Code > Title 35 > Chapter 10 > Article 1 – Powers Contained in Mortgages


§ 35-10-1	Power of sale constitutes part of security; by whom executed; effect of conveyance; index of foreclosure deeds
§ 35-10-2	Sale under power where instrument silent as to place or terms of sale
§ 35-10-3	Foreclosure when instrument contains no power of sale
§ 35-10-4	Sale of lands situated in two or more counties
§ 35-10-5	Foreclosure deed conveys legal title
§ 35-10-6	Additional satisfaction permitted under continuing power of sale
§ 35-10-7	Sale to be held in county where property situated
§ 35-10-8	How notice of sale given
§ 35-10-9	Sales contrary to article null and void
§ 35-10-10	Sections 35-10-7 through 35-10-9 not applicable to mortgages or deeds of trust executed before September 29, 1923

Deed: The legal instrument used to transfer title in real property from one person to another.
Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
Grantor: The person who establishes a trust and places property into it.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Mortgagee: The person to whom property is mortgaged and who has loaned the money.
Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.