Terms Used In Illinois Compiled Statutes 765 ILCS 935/45

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
     If a mortgage is recorded in more than one county and a certificate of release is recorded in one of them, a certified copy of the certificate of release may be recorded in another county with the same effect as the original. In all cases, the certificate of release shall be entered and indexed where satisfactions or releases of mortgage are entered and indexed.