The written agreement pledging property to a creditor as collateral for a loan.
Federal Law
includes such classes of liens as are commonly given or are legally effective to secure advances on, or the unpaid purchase price of, real estate under the laws of the State in which the real estate is located or a manufactured home that is personal property under the laws of the State in which the manufactured home is located together with the credit instruments, if any, secured thereby, and includes interests in mortgages 10 USC 906, 10 USC 8772 means a deed of trust, mortgage, deed to secure debt, security agreement, or any other form of instrument under which any interest in property, real, personal or mixed, or any interest in property including leaseholds, life estates, reversionary interests, and any other estates under applicable State law, is conveyed in trust, mortgaged, encumbered, pledged, or otherwise rendered subject to a lien, for the purpose of securing the payment of money or the performance of an obligation 10 USC 2821, 10 USC 12205 means a first mortgage on real estate, in fee simple, or on a leasehold (1) under a lease for not less than ninety-nine years which is renewable 20 USC 7928, 20 USC 9162, 15 USC 1637, 15 USC 1649 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of the State in which the real property is located, together with the credit instruments, if any, secured thereby shall be deemed to include, respectively, the lessee of, and other security interest in, any leasehold interest which the Secretary determines has an unexpired term (A) in the case of a loan, for a period sufficiently beyond the repayment period of the loan to provide adequate security and a reasonable probability of accomplishing the objectives for which the loan is made, and (B) in the case of a grant for a period sufficient to accomplish the objectives for which the grant is made shall include deeds of trust and such other classes of lien as are given to secure advances on, or the unpaid purchase price of real estate under the laws of the State in which the real estate is located
includes a mortgage, lien, including a subordinate lien, or other security interest on the stock or membership certificate issued to a tenant-stockholder or resident-member by a cooperative housing corporation, as defined in section 216 of the Internal Revenue Code of 1986, and on the proprietary lease, occupancy agreement, or right of tenancy in the dwelling unit of the tenant-stockholder or resident-member in such cooperative housing corporation 30 CFR 550.282, 30 CFR 550.1165, 25 CFR 141.32 Includes real estate mortgage, deed of trust or any other form of security instrument or lien on real property 25 CFR 170.122 means a first lien on real estate under the laws of the jurisdiction where the real estate is located 24 CFR 206.3 means such a first lien upon real estate and other property as is commonly given to secure advances on, or the unpaid purchase price of, real estate under the laws of the State, district or territory in which the real estate is located, together with the credit instrument or instruments, if any, secured thereby 24 CFR 207.251 means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate under the laws of the state in which the real estate is located, together with any mortgage note secured thereby 24 CFR 242.1 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of the State in which the real property is located, together with the credit instruments, if any, secured thereby 34 CFR 637.13 means the mortgage, deed of trust, security agreement, or other security document securing an RUS loan 32 CFR 634.23 means the security agreement between RUS and the borrower, including any amendments and supplements thereto 32 CFR 245.6
State Law
Alabama
A mortgage or a mortgage and deed of trust Alabama Code 45-37-72.24, Alabama Code 45-19-236 A mortgage or a mortgage and deed of trust or a trust indenture Alabama Code 45-37-82.20 Any conveyance, agreement, or arrangement in which property is used as collateral Alabama Code 26-2A-20 The classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, together with the credit instruments, if any, secured by the mortgage Alabama Code 45-30A-50.12
Arizona
means any conveyance, agreement or arrangement in which property is encumbered or used as security Arizona Laws 14-1201 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of the state in which the real property is located, together with the credit instruments, if any, secured thereby Arizona Laws 11-961 means the classes of liens as are commonly given to secure advances on or the unpaid purchase price of real property under the laws of the state in which the real property is located and the credit instruments, if any, secured thereby Arizona Laws 28-7141
California
includes a trust deed, “mortgagor” includes a trustor under such trust deed, “mortgagee” includes a beneficiary under such trust deed, or a trustee exercising powers or performing duties granted to or imposed upon him thereunder, and “lien” in respect to real or personal property includes a charge or incumbrance arising out of a trust deed California Education Code 32034 means classes of liens that are commonly given to secure advances on, or the unpaid purchase price of, real property, together with the credit instruments, if any, secured thereby California Insurance Code 1064.5
Connecticut
means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of this state, together with the credit instruments, if any, secured thereby Connecticut General Statutes 8-267
Delaware
means any instrument which secures an obligation and constitutes a lien on real property or on a leasehold under a lease having a remaining term, at the time such mortgage is acquired, which does not expire for at least that number of years beyond the maturity date of the obligation secured by such mortgage as is equal to the number of years remaining until the maturity date of such obligation Delaware Code Title 31 Sec. 4001 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of the State, together with the credit instruments, if any, secured thereby Delaware Code Title 29 Sec. 9301
Florida
means :

(a) A mortgage, mortgage deed, deed of trust, or other instrument:

Hawaii
includes classes of liens on farm land and other authorized security as are approved by the department of agriculture and the credit instruments secured thereby Hawaii Revised Statutes 302A-442.5 means every transfer of an interest in real property, except fixtures, made as security for the performance of another act or subject to defeasance upon the payment of an obligation, whether the transfer is made in trust or otherwise Hawaii Revised Statutes 431P-1
Indiana
as used in this chapter , includes deeds of trust and any and all documents creating an interest in property to secure the payment of bonds, notes, debentures, and like securities, and any instrument executed to supplement any mortgage Indiana Code 8-1-5-1 means a mortgage on an industrial development project, mining operation, or agricultural operation that involves the processing of agricultural products, or the unpaid purchase price of real estate under the laws of this state, together with the credit instruments, if any, secured thereby, including but not limited to a financing agreement as defined in Indiana Code 5-28-30-7 means a mortgage or mortgage lien on an interest in real property in Indiana given to secure a loan in the original principal amount of not more than one million dollars ($1,000,000) Indiana Code 32-29-6-1 means a sale or loan, or the refinancing or consolidation of a sale or loan, in which a first mortgage deed of (or another equivalent consensual security interest) that constitutes a first lien, is created or retained against land that is located in Indiana and upon which there is a dwelling that is or will be used by the debtor primarily for personal, family, or household purposes Indiana Code 24-5-23.6-7 means :

Indiana Code 32-30-10.5-5

refers to a mortgage on an agricultural enterprise or rural development project, or the unpaid purchase price of real estate under the laws of this state, together with the credit instruments, if any, that have been secured, including a financing agreement or a financing agreement within the meaning of Indiana Code 5-28-31-15
Iowa
means a mortgage, mortgage deed, deed of trust, or other instrument creating a first lien, subject only to title exceptions acceptable to the authority, on a fee interest in real property which includes completed housing located within this state, or on a leasehold on such a fee interest which has a remaining term at the time of computation that exceeds by not less than ten years the maturity date of the mortgage loan Iowa Code 16.1 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of real property, under the laws of this state, together with the credit instruments, if any, secured thereby Iowa Code 316.1 shall include a deed of trust Iowa Code 419.1
Kansas
includes an extension of an existing mortgage, subject to the provision of K Kansas Statutes 59-2301
Maine
means a consensual interest in real property, including fixtures, that secures payment or performance of an obligation Maine Revised Statutes Title 22 Sec. 1687 means an agreement granting a lien on, or a security interest in, eligible collateral with certain conditions and includes, but is not limited to, a mortgage of real estate, an assignment of rents, a pledge or a security agreement Maine Revised Statutes Title 38 Sec. 2211 means an agreement granting a lien upon or a security interest in eligible collateral upon certain conditions and includes, but is not limited to, a mortgage of real estate, an assignment of rents, a pledge or a security agreement Maine Revised Statutes Title 22 Sec. 2173 means : shall mean such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of this State, together with the credit instruments, if any, secured thereby Maine Revised Statutes Title 23 Sec. 242
Maryland
includes a deed of trust that secures a debt or the performance of an obligation means any mortgage, including a deed in the nature of mortgage
Michigan
means a consensual interest in real property, including fixtures, which secures payment or performance of an obligation Michigan Laws 440.9102 means a conveyance, agreement, or arrangement in which property is encumbered or used as security Michigan Laws 700.1106
Montana
means a consensual interest in real property located in Montana, including improvements, securing a debt evidenced by a mortgage, trust indenture, deed of trust, or other lien on real property Montana Code 32-9-103 means a consensual interest in real property, including fixtures, that is created by a mortgage, trust deed, or similar transaction Montana Code 30-9A-102 means a mortgage as defined in 90-6-103 Montana Code 90-6-503 means a mortgage deed, deed of trust, or other instrument that constitutes a valid lien on real property in fee simple or on a leasehold under a lease having a remaining term at the time that the mortgage is acquired that does not expire for at least that number of years beyond the maturity date of the obligation secured by the mortgage established by the board as necessary to protect its interest as mortgagee Montana Code 90-6-103 means a mortgage or deed of trust or other security device Montana Code 90-5-101
Nevada
includes a deed of trust Nevada Revised Statutes 104.4109
New Hampshire
shall mean a mortgage deed, deed of trust, or other instrument which shall constitute or create a security interest in tangible personal property constituting housing, or a lien on real property or on a leasehold under a lease having a remaining term, at any time such mortgage is acquired, which does not expire for at least that number of years beyond the maturity date of the obligation secured by such mortgage as is established by the authority as necessary to protect its interest as mortgagee New Hampshire Revised Statutes 204-C:1
New York
as used in this article includes every mortgage or deed of trust which imposes a lien on or affects the title to real property, notwithstanding that such property may form a part of the security for the debt or debts secured thereby N.Y. Tax Law 250 shall include housing loans as defined below N.Y. Public Authorities Law 2402
North Carolina
includes a deed of trust North Carolina General Statutes 28A-1-1
Ohio
means a consensual interest in real property, including fixtures, that secures payment or performance of an obligation Ohio Code 1309.102 means the consensual interest in real property located in this state, including improvements to that property, securing a debt evidence by a mortgage, trust indenture, deed of trust, or other lien on real property Ohio Code 1322.01 means the instrument securing an obligation to pay a sum of money evidenced by a note of indebtedness and secured by a lien on the borrower’s real property Ohio Code 5315.01
Oregon
means a consensual interest in real property, including fixtures, which secures payment or performance of an obligation N.Y. New York City Administrative Code 24-350 – Public Opening of Bids, Acceptance; Rejection; Readvertisement
Rhode Island
as used in this chapter means construction mortgages, so called, which are given to secure the payment of a sum certain which is to be advanced at stated times or intervals Rhode Island General Laws 34-28-34. as used in this chapter , means a real estate mortgage deed or real estate mortgage instrument entitled, “Reverse mortgage to secure present and future loans under chapter 25 Rhode Island General Laws 34-25.1-6. means for a subdivision (3)(a) or (3)(b) project above a first mortgage or security agreement on an industrial project creating and constituting a first lien of record, together with bonds, notes, evidences of indebtedness, or other credit instruments issued by a mortgagor to finance such project and secured thereby; provided, however, a first mortgage shall include a second or subsequent mortgage or security agreement on an industrial project if:

(i) The holder of such second or subsequent mortgage or security agreement is also the holder of a prior mortgage or security agreement on such industrial project under which prior mortgage or security agreement the authority is already insuring mortgage payments and;

(ii) No other person or legal entity holds an intervening mortgage, security interest or lien on such industrial project prior to such second or subsequent mortgage or security interest; and provided further, that “mortgage” shall also mean a second mortgage or security agreement that: (A) is issued by a project owner to a local development corporation; and (B) involves a principal obligation that does not exceed forty percent (40%) of the cost of project Rhode Island General Laws 42-34-6.

South Carolina
means a mortgage or other instrument which constitutes a lien on improvements and real property or on a leasehold estate of duration satisfactory to the Authority or which can be insured to the satisfaction of the Authority South Carolina Code 31-13-170
South Dakota
a mortgage deed, deed of trust, or other instrument which shall constitute a lien on real property in fee simple or on a leasehold under a lease having a remaining term, at the time such mortgage is acquired, which does not expire for at least that number of years beyond the maturity date of the obligation secured by such mortgage as is equal to the number of years remaining until the maturity date of such obligation South Dakota Codified Laws 11-11-5
Tennessee
includes a mortgage, deed of trust, or other conveyance of real property securing obligations, except instruments creating or perfecting a security interest in fixtures which do not include other real property Tennessee Code 47-28-101 includes deeds of trust, mortgages, building and loan contracts or other instruments conveying real or personal property as security for bonds and conferring a right to foreclose and cause a sale thereof , means a “mortgage” or “deed of trust” as defined in and allowed pursuant to &sect Tennessee Code 47-32-102 means such classes of liens as are commonly given to secure advances on or the unpaid purchase price of, real property, under the laws of this state, together with the credit instruments, if any, secured thereby Tennessee Code 13-11-103
Utah
means a mortgage or deed of trust affecting real property located in this state Utah Code 48-3a-1206 means a mortgage, deed of trust, or other instrument securing a mortgage loan and constituting a lien on real property (the property being held in fee simple or on a leasehold under a lease having a remaining term, at the time the mortgage is acquired, of not less than the term for repayment of the mortgage loan secured by the mortgage) improved or to be improved by residential housing, creating a lien that may be first priority or subordinate Utah Code 63H-8-103 means a mortgage, trust deed, or other security device Utah Code 10-3-905 means any instrument under which property may be encumbered as security for an obligation, including a mortgage, trust deed, indenture, pledge, assignment, security agreement, and financing statement Utah Code 17D-2-102 means any mortgage, trust deed, indenture, pledge agreement, assignment, security agreement, financing statement, or other instrument that encumbers property as security for obligations Utah Code 63B-1-303
Virginia
means a mortgage deed, deed of trust, or other security instrument which shall constitute a lien in the Commonwealth on improvements and real property in fee simple, on a leasehold under a lease having a remaining term, which at the time such mortgage is acquired does not expire for at least that number of years beyond the maturity date of the interest-bearing obligation secured by such mortgage as is equal to the number of years remaining until the maturity date of such obligation or on personal property, contract rights or other assets Virginia Code 15.2-3504 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, together with the credit instruments, if any, secured thereby Virginia Code 58.1-3219.5
Washington
as used in this title includes deed of trust Washington Code 32.04.022 as used in this title includes deed of trust and real estate contract Washington Code 33.24.005 means such classes of liens as are commonly given to secure advances on, or the unpaid purchase price of, real property, under the laws of this state, together with the credit instruments, if any, secured thereby Washington Code 8.26.020 shall mean a mortgage or a mortgage and deed of trust or other security device;
Washington Code 70.95A.020
West Virginia
means either mortgage or deed of trust West Virginia Code 36A-1-2