Brand: Spalding. Enjoy a game of hoops anywhere, anytime with this portable basketball system from Spalding. It's a great way to practice and play basketball with your friends and family. The hoop is easily adjustable, allowing you to change the height to accommodate players with varying ages and abilities. It...
A mortgagor is an individual or company who borrows money to purchase a piece of real property. By granting the lender an interest in the property, which allows it to lend the funds with an accurate assessment of risk, the mortgagor provides the lender with a guarantee for the full repayment of the loan. Also known as a chargor.
The consideration of a mortgage ordinarily is an advancement or loan, past or present, made by a mortgagee to the mortgagor. Cyclopedia of Commerce, Accountancy, Business Administration, v. 3 Various. It is usual for the mortgagor to insure the property for the benefit of the mortgagee. Up To Date Business Various. It is not necessary that the mortgagor have absolute, unencumbered title to the property to give a mortgage.