A mortgage provides that land act as security for repayment of a loan.

Name: A mortgage provides that land act as security for repayment of a loan.
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A mortgage is a type of loan where the borrower uses their property (land) as collateral to secure the repayment of the loan. If the borrower is unable to repay the loan, the lender can foreclose on the property and sell it to recover their money.

A Mortgage Provides That Land Act as Security for Repayment