508.54 — Mortgage.

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     508.54 Mortgage.  


    The owner of registered land may mortgage the same by deed 
 or other instrument sufficient in law for that purpose and such 
 mortgage or other instrument may be assigned, extended, 
 discharged, or released, either in whole or in part, or 
 otherwise dealt with by the mortgagee by any form of deed or 
 instrument sufficient in law for the purpose.  Such deed, 
 mortgage, or other instrument, and all instruments assigning, 
 extending, discharging, releasing, or otherwise dealing with the 
 same, shall be registered and take effect upon the title only 
 from the time of registration.  


    HIST: (8300) RL s 3422; 1905 c 305 s 52 


Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.