Vermont Statutes Title 12 Sec. 2795

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Terms Used In Vermont Statutes Title 12 Sec. 2795

Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See

§ 2795. When encumbered by mortgage

When a right of redemption in mortgaged lands is taken and sold on execution, the officer shall ascertain and state at the time of sale the value of the encumbrance, or the amount of the mortgage debt, when it can be ascertained, and state the same in his or her return on the execution.

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