West Headnote of the Day – January 4, 2010

January 4, 2010

West's Key 266 Mortgages
West's Key 266I Requisites and Validity
West's Key 266I(A) Nature and Essentials of Conveyances as Security
West's Key 266k1 k. Nature of Mortgage in General.

A mortgage is not the debt, but rather the security for the debt.
Pramco III, LLC v. Yoder, 874 N.E.2d 1006 (Ind. Ct. App. 2007)

266 Mortgages