conventional mortgage
Defined in 3 dictionaries — U.S. Code, Black's (1910), Black's (1891)
United States Code
12 U.S.C. § 1451 — as used in this chapter
The term “conventional mortgage” means a mortgage other than a mortgage as to which the Corporation has the benefit of any guaranty, insurance or other obligation by the United States or any of its agencies or instrumentalities.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The conventional mortgage is a contract by which a person binds the whole of his property, or a portion of it only, in favor of another, to secure the execution of some engagement, but without divesting himself of possession. Civ. Code La. art. 3290; Succession of Benjamin, 39 La. Ann. 612, 2 South. 187. It is distinguished from the "legal" mortgage, which is a privilege which the law alone in certain cases gives to a creditor over the property of his debtor, without stipulation of the parties. This last is very much like a general lien at common law, created by the law rather than by the act of the parties, such as a judgment lien.
Defined under Mortgage in Black's Law Dictionary.
A Dictionary of Law
Henry Campbell Black · 1891
The conventional mortgage is a contract by which a person binds the whole of his property, or a portion of it only, in favor of anoth-— er, to sectire the execution of some engagement, but without divesting himself of possession. Civil Code La. art. 3290.