Copyright © Philip M. Parker, INSEAD. Terms of Use.

OPEN-END MORTGAGE CLAUSE

Specialty Definition: OPEN-END MORTGAGE CLAUSE

DomainDefinition

Finance

A provision in mortgage contracts in some states, that declares the mortgaged real estate may be used as security for future additional advances from the original lender, if the lender and borrower agree. All subsequent advances under this clause represent a claim on the property dating back to the time of recording the original mortgage. (references)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: OPEN-END MORTGAGE CLAUSE


Hexadecimal (or equivalents, 770AD-1900s) (references)

4F 50 45 4E 2D 45 4E 44      4D 4F 52 54 47 41 47 45      43 4C 41 55 53 45

Leonardo da Vinci (1452-1519; backwards) (references)

        

Binary Code (1918-1938, probably earlier) (references)

01001111 01010000 01000101 01001110 00101101 01000101 01001110 01000100 00100000 01001101 01001111 01010010 01010100 01000111 01000001 01000111 01000101 00100000 01000011 01001100 01000001 01010101 01010011 01000101

HTML Code (1990) (references)

&#79 &#80 &#69 &#78 &#45 &#69 &#78 &#68 &#32 &#77 &#79 &#82 &#84 &#71 &#65 &#71 &#69 &#32 &#67 &#76 &#65 &#85 &#83 &#69

ISO 10646 (1991-1993) (references)

004F 0050 0045 004E 002D 0045 004E 0044      004D 004F 0052 0054 0047 0041 0047 0045      0043 004C 0041 0055 0053 0045

Encryption (beginner's substitution cypher): (references)

4950394815394838247495254413541392374635555339

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INDEX

1. Orthography
2. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.