Terms Used In Indiana Code 32-29-6-17

  • mortgage: 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). See Indiana Code 32-29-6-1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
   Sec. 17. This chapter applies to the release of a mortgage after June 30, 2001, regardless of when the mortgage was created or assigned.

[Pre-2002 Recodification Citation: 32-8-15.5-17.]

As added by P.L.2-2002, SEC.14. Amended by P.L.48-2003, SEC.1 and P.L.79-2003, SEC.1.