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Terms Used In Iowa Code 655A.2

  • 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.
655A.2 Conditions prescribed.
Except as provided in § 655A.9, a mortgage may be foreclosed, at the option of the mortgagee, as provided in this chapter.
87 Acts, ch 142, §18