chattel mortgage


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chattel mortgage

A security interest in a chattel as collateral for the payment of a loan.
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chattels secured by a Commercial Business Mortgage (such as goods) should be existing and identified and cannot be changed after the perfection of the mortgage, but the chattels secured by a Chattel Mortgage may include future chattels and are to be identified at the time of enforcement.
TAKING SECURITY IN THE UAE: COMPARING THE TAKING OF SECURITY IN THE UAE TO CHINA
68) Joerger was so adamant that he would not yield to PG&E that when Bank of America sued him for repayment of a chattel mortgage and simultaneously began foreclosure proceedings due to nonpayment of his Shasta County ranch's mortgage, Joerger still would not sell the property or any of its water rights to the power company to pay his debts.
Jesse W. Carter and California water law: guns, dynamite, and farmers, 1918-1939
Please note that these rules do not apply to alimony or maintenance payments, secured obligations such as moneys owing on a land or chattel mortgage or on security agreements and other limited exceptions.
Dogs at the door: the law of credit in Alberta (new Civil Enforcement Act)
Equipment loans (secured with a chattel mortgage and the personal guarantee of principals) have been available on terms of five-seven years, and an interest rate higher than on real estate loans.
The bank oriented roaster environment: part 1
The security is a chattel mortgage over the lease and an assignment of the lease rentals (generally, no charge is taken over the equipment subject to the lease).
Leveraged leasing

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