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Terms Used In 18 Guam Code Ann. § 36102

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
L4122017
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 36 MORTGAGES

A mortgage may be created upon property held adversely to the mortgagor.

SOURCE: CC § 2921.