The Alabama Lawyer: Official Organ State Bar of Alabama, Volume 15The Bar, 1954 |
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Pagina 115
... future advances to the designated debtor without limit . There are other analogous forms of mortgage such as the revolving fund mortgage and the closed end mortgage to secure future advances . The cases discussed in this paper seem to ...
... future advances to the designated debtor without limit . There are other analogous forms of mortgage such as the revolving fund mortgage and the closed end mortgage to secure future advances . The cases discussed in this paper seem to ...
Pagina 116
... future advances is the com- mon type involved in most of the cases discussed herein . The authors , cited in the footnote , classify mortgages to secure future advances in three groups , namely : " ( 1 ) Where the lender , is by the ...
... future advances is the com- mon type involved in most of the cases discussed herein . The authors , cited in the footnote , classify mortgages to secure future advances in three groups , namely : " ( 1 ) Where the lender , is by the ...
Pagina 138
... future advances contain a clear and unequivocal ceiling . If the mortgage recording privilege tax is applicable , it is practically necessary that the mortgage state a ceiling . The intent to secure future advances should appear in the ...
... future advances contain a clear and unequivocal ceiling . If the mortgage recording privilege tax is applicable , it is practically necessary that the mortgage state a ceiling . The intent to secure future advances should appear in the ...
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