2021 Oregon Revised Statutes
Chapter 086 - Mortgages; Trust Deeds
Section 86.150 - Loan agreements and promissory notes to state maximum prepayment privilege penalty.

(2) Violation of subsection (1) of this section with respect to a loan agreement or promissory note shall render any prepayment privilege penalty provision in the agreement void.
(3) "Loan agreement" as used in this section means a written document issued in connection with a particular loan which sets forth the terms upon which the loan will be made. "Loan agreement" does not include a mortgage or trust deed which secures a promissory note. Nothing in this section shall be deemed to require a lender to issue a loan agreement.
(4) This section does not apply to any loan agreement executed on or before September 13, 1967, or any loan not primarily for personal, family or household use. [1967 c.336 §§1,2; 1987 c.716 §3]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 02 - Business Organizations, Commercial Code

Chapter 086 - Mortgages; Trust Deeds

Section 86.095 - Acts not affecting priority of lien of credit instrument.

Section 86.110 - Discharge of record by owner and holder of mortgage note who is not the mortgagee of record.

Section 86.150 - Loan agreements and promissory notes to state maximum prepayment privilege penalty.

Section 86.155 - Priority of line of credit instrument as to certain advances; procedure to limit indebtedness in residential line of credit instrument.

Section 86.157 - Action for residual debt after short sale of residential property; payoff statements.

Section 86.160 - Definitions for ORS 86.160 to 86.185.

Section 86.165 - Late charge.

Section 86.205 - Definitions for ORS 86.205 to 86.275.

Section 86.240 - Limit on amount required in security protection escrow account; compliance with federal laws for certain loans as compliance with state laws.

Section 86.245 - Interest on security protection deposits; exception.

Section 86.255 - Arrangements where security protection provisions not required; information to borrower.

Section 86.260 - Payment of taxes where security protection provision required; credit of discount where taxes not paid; cause of action by borrower.

Section 86.265 - Effect of lender violation of ORS 86.205 to 86.275.

Section 86.705 - Definitions for ORS 86.705 to 86.815.

Section 86.707 - Additional definitions for ORS 86.726, 86.729, 86.732, 86.736, 86.741, 86.744 and 86.748.

Section 86.713 - Qualifications of trustee; certificate of authority to transact business; law practice serving as trustee; appointment of successor trustee; trustee’s duties.

Section 86.720 - Reconveyance upon performance; liability for failure to reconvey; release of trust deed.

Section 86.722 - Correction of error concerning status or effect of trust deed; rights of bona fide purchaser.

Section 86.726 - Resolution conference for foreclosure; exemptions; procedure to request conference; fee.

Section 86.729 - Scheduling and notice for resolution conference; information required; fees; postponement, rescheduling and cancellation; liability of facilitator.

Section 86.732 - Attendance at resolution conference; authority of beneficiary’s agent; representation of grantor; terms of foreclosure avoidance measure; report.

Section 86.736 - Certificate of compliance; expiration.

Section 86.741 - Attorney General duties and powers; payments; rules.

Section 86.744 - Foreclosure Avoidance Fund.

Section 86.748 - Determination of ineligibility for foreclosure avoidance measure; notice; recording; penalty.

Section 86.752 - Foreclosure by advertisement and sale.

Section 86.756 - Notice to grantor; requirements; additional forms; rules.

Section 86.761 - Failure to give notice to grantor; remedy.

Section 86.764 - Notice of sale for certain persons.

Section 86.767 - Failure to give notice of sale; action by omitted person; defense; pleading and proving knowledge of sale; attorney fees; exclusive remedy.

Section 86.771 - Contents of notice of sale; additional notices; contents and requirements.

Section 86.774 - Service and publication of notice; recording proof of compliance.

Section 86.778 - Discontinuance of foreclosure proceedings after cure of default.

Section 86.782 - Sale of property; obtaining possession after sale; procedures; notices; requirements for postponing or rescinding sale.

Section 86.786 - Request for information from trustee.

Section 86.789 - Information provided by trustee.

Section 86.794 - Disposition of proceeds of sale.

Section 86.797 - Effect of sale; actions for deficiency; restrictions.

Section 86.812 - Impermissible conditions for approving short sale or sale of note; exceptions.

Section 86.815 - Time within which foreclosure must be commenced.