Indiana Code 28-15-11-8. “Mortgage loan”
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Sec. 8. As used in this chapter, “mortgage loan” means:
(A) secured by a mortgage on real estate that is improved by a dwelling intended for occupancy by at least one (1) and not more than four (4) families; and
(1) a loan:
Terms Used In Indiana Code 28-15-11-8
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(B) that includes:
(i) the note;
(ii) the mortgage; and
(iii) any other documents constituting the loan transaction; or
(2) a loan:
(A) secured by a mortgage on real estate that is improved by a combination home and business building; and
(B) that includes:
(i) the note;
(ii) the mortgage; and
(iii) any other documents constituting the loan transaction.
As added by P.L.193-1997, SEC.2.