The bonds authorized by section 39-860 may, at the option of the governing body of such county, be supported by mortgage or by deed of trust covering such bridge or bridges.

Source

  • Laws 1935, c. 87, § 7, p. 283;
  • Laws 1941, c. 78, § 2, p. 317;
  • C.S.Supp.,1941, § 39-2107;
  • R.S.1943, § 39-866.

Terms Used In Nebraska Statutes 39-866

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.