Mortgagee
A Law Dictionary, Adapted to the Constitution and Laws of the United States · John Bouvier · 1839
A Law Dictionary, Adapted to the Constitution and Laws of the United States
estates, contracts, is he to whom a mortgage is made. He is entitled to the payment of the money secured to him by the mortgage; he has the legal estate in the land mortgaged, and may re- Watts, R. 460; he cannot make leases to the injury of the mortgagor; and he must account for the profits he receives out of the thing mortgaged when in _ possession. Cruise, Dig. tit.
15, c. 2.