- under and subject to the payment of
- A stipulation in a conveyance of mortgaged property ineffective as air assumption of the mortgage debt. Such a Stipulation does not with sufficient clearness import an intention by the grantor to create, and by the grantee to assume, a personal obligation to pay the mortgage debt. 37 Am J1st Mtg § 998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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