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Part 1. General Provisions
71-1-101. Definition - 71-1-101. Definition. "Mortgage" is a contract by which specific property...
71-1-102. Power of attorney to execute - 71-1-102. Power of attorney to execute. A power of attorney...
71-1-103. Mortgage a special lien -- on what a lien - 71-1-103. Mortgage a special lien -- on what a lien....
71-1-104. Mortgage not a personal obligation - 71-1-104. Mortgage not a personal obligation. A mortgage does not...
71-1-105. Mortgagee not entitled to possession - 71-1-105. Mortgagee not entitled to possession. A mortgage does not...
71-1-106. Waste prohibited - 71-1-106. Waste prohibited. No person whose interest is subject to...
71-1-107. Transfers of interest - 71-1-107. Transfers of interest. (1) Every transfer of an interest...
71-1-108. Subsequently acquired title - 71-1-108. Subsequently acquired title. Title acquired by the mortgagor subsequent...
71-1-109. Mortgage of property adversely held - 71-1-109. Mortgage of property adversely held. A mortgage may be...
71-1-110. Passage of mortgage by assignment of debt - 71-1-110. Passage of mortgage by assignment of debt. The assignment...
71-1-111. Power of sale - 71-1-111. Power of sale. A power of sale may be...
71-1-112. Applicable laws - 71-1-112. Applicable laws. (1) In the event of conflict between...
71-1-113. Limit on the amount of funds on reserve - 71-1-113. Limit on the amount of funds on reserve. Except...
71-1-114. Exception to limitation - 71-1-114. Exception to limitation. If the borrower desires, the lending...
71-1-115. Record of reserve fund required - 71-1-115. Record of reserve fund required. Every lending institution shall...
Part 2. Mortgages of Real Property
71-1-201. What real property may be mortgaged -- debts secured - 71-1-201. What real property may be mortgaged -- debts secured....
71-1-202. Mortgage not considered conveyance -- recovery of possession - 71-1-202. Mortgage not considered conveyance -- recovery of possession. A...
71-1-203. Writing required - 71-1-203. Writing required. A mortgage of real property can be...
71-1-204. Form of mortgage - 71-1-204. Form of mortgage. A mortgage of real property may...
71-1-205. Priorities - 71-1-205. Priorities. Any lien entitled to actual priority over the...
71-1-206. Future advances - 71-1-206. Future advances. (1) The amount of future advances or...
71-1-207. Recording of mortgages and assignments - 71-1-207. Recording of mortgages and assignments. (1) Mortgages of real...
71-1-208. Recording of subordination or waiver agreements - 71-1-208. Recording of subordination or waiver agreements. A subordination agreement...
71-1-209. Recording defeasance necessary to affect grant - 71-1-209. Recording defeasance necessary to affect grant. When a grant...
71-1-210. Period of mortgage -- renewal - 71-1-210. Period of mortgage -- renewal. A mortgage of real...
71-1-211. Satisfaction of mortgage -- record thereof - 71-1-211. Satisfaction of mortgage -- record thereof. (1) A mortgage...
71-1-212. Penalties for failure to give certificate of discharge or release after full performance - 71-1-212. Penalties for failure to give certificate of discharge or...
71-1-213. Discharge or release by other than mortgagee - 71-1-213. Discharge or release by other than mortgagee. (1) If...
71-1-214. through 71-1-220 reserved - 71-1-214 through 71-1-220 reserved.
71-1-221. Definition of foreclosure - 71-1-221. Definition of foreclosure. The term "foreclosure" for the purpose...
71-1-222. Proceedings in foreclosure suits - 71-1-222. Proceedings in foreclosure suits. (1) There is only one...
71-1-223. Power of sale - 71-1-223. Power of sale. When a real estate mortgage confers...
71-1-224. Sale -- notice - 71-1-224. Sale -- notice. Real estate sold under a power...
71-1-225. Surplus money from sale - 71-1-225. Surplus money from sale. If there be surplus money...
71-1-226. Proceedings when debt secured falls due at different times - 71-1-226. Proceedings when debt secured falls due at different times....
71-1-227. Injunction to prevent injury to property - 71-1-227. Injunction to prevent injury to property. The court may,...
71-1-228. Rights of redemption applicable - 71-1-228. Rights of redemption applicable. All of the rights, powers,...
71-1-229. Possession of land prior to foreclosure upon default and during period of redemption - 71-1-229. Possession of land prior to foreclosure upon default and...
71-1-230. Action to redeem mortgage - 71-1-230. Action to redeem mortgage. An action to redeem a...
71-1-231. Redemption by multiple mortgagors - 71-1-231. Redemption by multiple mortgagors. If there is more than...
71-1-232. Deficiency judgment not allowed on foreclosure of purchase price mortgage - 71-1-232. Deficiency judgment not allowed on foreclosure of purchase price...
71-1-233. Attorney's fee on foreclosure - 71-1-233. Attorney's fee on foreclosure. In an action to foreclose...
71-1-234. Attorney fee -- petition and notice - 71-1-234. Attorney fee -- petition and notice. If the mortgagee...
71-1-235. Instruments -- negotiability and remedies - 71-1-235. Instruments -- negotiability and remedies. Nothing in this part...
Part 3. Small Tract Financing
71-1-301. Short title - 71-1-301. Short title. This part may be cited as the...
71-1-302. Policy - 71-1-302. Policy. Because the financing of homes and business expansion...
71-1-303. Definitions - 71-1-303. Definitions. As used in this part, unless the context...
71-1-304. Trust indentures authorized -- power of sale for breach in trustee - 71-1-304. Trust indentures authorized -- power of sale for breach...
71-1-305. Trust indenture considered to be mortgage on real property - 71-1-305. Trust indenture considered to be mortgage on real property....
71-1-306. Qualifications of trustee -- successor trustee - 71-1-306. Qualifications of trustee -- successor trustee. (1) The trustee...
71-1-307. Reconveyance upon performance -- liability for failure to reconvey - 71-1-307. Reconveyance upon performance -- liability for failure to reconvey....
71-1-308. Reconveyance of trust indenture -- forms -- objections to reconveyance - 71-1-308. Reconveyance of trust indenture -- forms -- objections to...
71-1-309. Objection to reconveyance - 71-1-309. Objection to reconveyance. A title insurer or title insurance...
71-1-310. Liability of title insurer or title insurance producer - 71-1-310. Liability of title insurer or title insurance producer. A...
71-1-311. Time for foreclosure same as mortgage - 71-1-311. Time for foreclosure same as mortgage. The foreclosure of...
71-1-312. Discontinuance of foreclosure proceedings when entire amount of default paid - 71-1-312. Discontinuance of foreclosure proceedings when entire amount of default...
71-1-313. Conditions for foreclosure by advertisement and sale - 71-1-313. (Temporary) Conditions for foreclosure by advertisement and sale. The...
71-1-314. Requests for copies of notice of sale - 71-1-314. Requests for copies of notice of sale. At any...
71-1-315. Notice -- sale -- payment - 71-1-315. Notice -- sale -- payment. A trust deed may...
71-1-316. Disposition of proceeds of sale -- notice -- surplus funds -- attorney fees - 71-1-316. Disposition of proceeds of sale -- notice -- surplus...
71-1-317. Deficiency judgment not allowed - 71-1-317. Deficiency judgment not allowed. When a trust indenture executed...
71-1-318. Trustee's deed - 71-1-318. Trustee's deed. (1) The trustee's deed to the purchaser...
71-1-319. Possession - 71-1-319. Possession. The purchaser at the trustee's sale shall be...
71-1-320. Trustees' fees and attorneys' fees - 71-1-320. Trustees' fees and attorneys' fees. Reasonable trustees' fees and...
71-1-321. Deeds of trust and trust deeds not invalidated - 71-1-321. Deeds of trust and trust deeds not invalidated. The...