Mortgagor
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 who makes a mortgage. He has rights, and is liable to certain duties as such.
1.
He is quasi tenant at will; he is entitled to an equity of redemption after forfeiture.
2.
He cannot commit waste, nor make a lease injurious to the mortgagee.
Vide Mortgagee; 2 Jac. & Walk. 194.