CFR > Title 46 > Chapter I > Subchapter G > Part 67 > Subpart Q – Filing and Recording of Instruments–Mortgages, Preferred Mortgages, and Related Instruments
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Terms Used In CFR > Title 46 > Chapter I > Subchapter G > Part 67 > Subpart Q - Filing and Recording of Instruments--Mortgages, Preferred Mortgages, and Related Instruments
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.