An open-end mortgage can secure payment of an obligation that has not come into existence yet. The excerpt from the Unofficial Purdon's Pennsylvania Statutes from West regarding open-end mortgages as well as Pennsylvania Senate Bill 693 enacted as Act 126 of 1990 are included here.
Year: 1990
Organization/Source: Pennsylvania General Assembly
Topic tags: Pennsylvania Statutes and Transfer Fees and Stewardship Funding Covenants for Conservation Easements
Related guides: Legal Considerations for Stewardship Funding Arrangements