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2018 Rhode Island General Laws
Title 34 - Property
Chapter 34-25 Future Loans and After-Acquired Property
Section 34-25-2 Priority of future loan mortgages over encumbrances not previously recorded.
Universal Citation: RI Gen L § 34-25-2 (2018)
§ 34-25-2. Priority of future loan mortgages over encumbrances not previously recorded.
The mortgage and the rights established therein shall, to the extent of the loans secured thereby, and interest, taxes, insurance premiums, and other obligations secured thereby, have full priority over all mortgages, liens and encumbrances which have not been recorded prior to such recording of the mortgage deed except as otherwise hereinafter provided.
History of Section.
(G.L. 1938, ch. 442, § 20; P.L. 1952, ch. 3018, § 1; G.L. 1956, § 34-25-2.)
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