{"iri":"https://folio.openlegalstandard.org/R9mh7fC3v6u4exodERd3fmK","label":"Mortgagee","sub_class_of":["https://folio.openlegalstandard.org/R9OzLGaxH8FUa0QvIz14ZLA"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R8a69mb9gzRyUSQsZdwSiA8","https://folio.openlegalstandard.org/RhceZsFaOSAIBa7BX1vpbF","https://folio.openlegalstandard.org/s7-eJGGYSoaQIrtyJagrOg"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A Mortgagee is the lender in a mortgage transaction, typically a bank or financial institution, that provides funds for the borrower (mortgagor) to purchase property. The mortgagee holds a lien on the property as security for the loan repayment and can foreclose on the property if the borrower fails to meet the terms of the mortgage.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}