Oregon Statutes 757.419 – Limitation on application of ORS 757.480
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ORS § 757.480 does not apply to any mortgage or other encumbrance upon any real or personal property given to secure payment of any evidence of indebtedness issued under ORS § 757.415. [1971 c.655 § 89]
Terms Used In Oregon Statutes 757.419
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Personal property: All property that is not real property.