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Home » Library » Open-end mortgages-42 Pennsylvania Consolidated Statutes §8143

Open-end mortgages-42 Pennsylvania Consolidated Statutes §8143

A strategy that will assure payment of the stewardship fee is to secure the obligation with an open-end mortgage on the conserved property. An open-end mortgage can secure payment of an obligation that has not come into existence yet; for example, an obligation to provide additional funds for stewardship upon certain changes in the conserved property. This is the section of the Pennsylvania Consolidated Statutes dealing with open-end mortgages.
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