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2025 Vermont Statutes
Title 27 - Property
Chapter 7 - Property Held for Religious, Fraternal, or Charitable Purposes
§ 742. Payment of insurance expenses
Universal Citation:
27 VT Stats § 742
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§ 742. Payment of insurance expenses
The necessary expenses of such procurement or renewal shall be paid by the mortgagor to such charitable or eleemosynary institution, and shall be a lien upon the property so mortgaged, recoverable with interest annually at the same rate as the debt secured by the mortgage from the time of payment, as part of the moneys secured by such mortgage.
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