text: What's the legal citation? \n\nTo mortgage is to pledge property as security for a debt.  Taking that construction, Bennet would be the pledger or mortgagor. \n\nHowever, this sentence could've been improperly constructed to mean that Bennet allowed Davis to take possession of the shop and requesting payment over a term, with the shop as collateral.\n\nContext matters, so the legal citation would be helpful.\n\n\n\nedit: \nLOL @ the guy above. Nice name too. Maybe you'll learn a bit more in business law 102.  Or maybe secured transactions.\n\nsecond edit:\nAfter seeing guy below's answer, I just really want to say this: Can you all pleeeeaaasseeeee look up the definition of mortage (as a verb) before answering this freggin question?  Jesus.