Sec. 2. As used in this chapter, “mortgagee” means:

(1) the grantee of a mortgage; or

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Terms Used In Indiana Code 32-29-6-2

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: means a mortgage or mortgage lien on an interest in real property in Indiana given to secure a loan in the original principal amount of not more than one million dollars ($1,000,000). See Indiana Code 32-29-6-1
  • person: means an individual, a corporation, or any other legal entity. See Indiana Code 32-29-6-6
  • record: means to record with the county recorder. See Indiana Code 32-29-6-7
(2) if a mortgage has been assigned of record, the last person to whom the mortgage has been assigned of record.

[Pre-2002 Recodification Citation: 32-8-15.5-2.]

As added by P.L.2-2002, SEC.14.