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Terms Used In Indiana Code 8-4-24-5

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
   Sec. 5. So much of any railroad as lies in this state and is embraced in the mortgage or mortgages sought to be foreclosed may be sold at such sale as an entirety; and the court making a decree or order of sale may declare, in the order, where the principal office of the railroad company is situate within the state, and may order the sale to be made at the court-house door of the county in which the principal office within the state is situate.

Formerly: Acts 1861, c.78, s.5.