Missouri Laws 443.250 – Proceedings where mortgagee, secured party, mortgagor or debtor dies
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Terms Used In Missouri Laws 443.250
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- 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.
- Plaintiff: The person who files the complaint in a civil lawsuit.
In case of the death of the mortgagee or the secured party or his assignee, or of the mortgagor or debtor, whether before or after action brought, the personal representative of the deceased party shall be made plaintiff or defendant, as the case may require.