Nev. Rev. Stat. ch. 106 – Real Mortgages | Midpage

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Nevada Revised Statutes

Chapter 106

Nev. Rev. Stat. ch. 106

Real Mortgages

106.020Adoption by reference before March 1, 1967 106.025Adoption by reference on and after March 1, 1967 106.030Mortgage secures performance of covenants adopted by reference 106.040Adoption by reference in instrument 106.050Parties may enter into different or additional covenants 106.195Mortgage of estate for years 106.200Effect of recorded mortgage upon possessory claims to public lands or mining claims 106.210Recording of assignments of mortgages or beneficial interests in deeds of trust; constructive notice; effect of unrecorded assignments 106.220Filing and recording of instruments subordinating or waiving priority of mortgages, deeds of trust or liens; constructive notice; effect of unrecorded instruments 106.240Extinguishment of lien created by mortgage or deed of trust upon real property 106.260Discharge and assignment: Marginal entries; discharge or release must be recorded when mortgage or lien recorded by microfilm 106.270Discharge of mortgages on filing of certificates specifying satisfaction or payment 106.280Certificates of discharge: Recording 106.290Recording of discharge of mortgage by mortgagee; liability for failure to record discharge; requirements for release of mortgage when discharge not recorded; liability for improperly recording release; criminal penalty 106.295Request by mortgagor for certified copy of note, mortgage and assignments 106.300Definitions 106.310“Borrower” defined 106.320“Future advance” defined 106.330“Instrument” defined 106.340“Lender” defined 106.345“Principal” defined 106.350Applicability 106.360Execution, enforceability, contents and amendment of instrument 106.370Priority of lien 106.380Notice of election to terminate operation of instrument; recording of statement by lender or borrower; change of notice address by lender 106.390Effect of notice of termination 106.400Advances made after notice of termination 106.500Borrower’s instruction to suspend and close equity line of credit: Form; effect