How to Use "mortgagor" with Example Sentences

1. The registration fee shall be paid by the mortgagor .

2. Article 38 a mortgagor and a mortgagee shall conclude a mortgage contract in writing .

3. If the mortgagor fails to fulfil liabilities within the prescribed period of time or declares dissolution or bankruptcy within the term of the mortgage contract , the mortgagee shall have the right to dispose of the mortgaged property in accordance with the laws and regulations of the state and the stipulations of the mortgage contract .

4. The mortgagor retains legal title to the land .

5. There being no inheritor or beneficiary upon the death of the mortgagor .