Examples from the Web for mortgagor
A mortgage is prepared by the solicitor of the mortgagee, and the mortgagor bears the whole expenses of the transaction.
Equity gives the mortgagee the right to cut off the mortgagor's equity of redemption by foreclosure.
In that event the mortgagee will be entitled to a deficiency judgment against the mortgagor.Commercial Law|Samuel Williston, Richard D. Currier, and Richard W. Hill
Whenever there is a mortgage, there is an equity of redemption in favor of the mortgagor.
When the mortgagor pays the mortgage debt, he is entitled to a written satisfaction of the debt.
British Dictionary definitions for mortgagor
Word Origin and History for mortgagor
1580s, agent noun in Latin form from mortgage (v.). Native form mortgager attested from 1630s.