Indiana Code > Title 26 > Article 2 > Chapter 2 – Mortgage of Household Goods
Current as of: 2024 | Check for updates
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Other versions
| § 26-2-2-1 | Mortgagee’s power of sale proscribed; judicial sale |
| § 26-2-2-2 | Restriction on mortgagee’s right of possession |
| § 26-2-2-3 | Duty to receipt for payments made |
Terms Used In Indiana Code > Title 26 > Article 2 > Chapter 2 - Mortgage of Household Goods
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Property: includes personal and real property. See Indiana Code 1-1-4-5