Haw. Code R. § 15-169-19 - Security for loan; establishment of mortgage lien

The mortgage securing each eligible loan shall constitute a second lien on such residential property purchased with the eligible loan. The financial institution shall promptly record or file or both with the bureau of conveyances or the land court of the State as the case may be, to ensure the creation of a valid lien on the mortgaged property.

Notes

Haw. Code R. § 15-169-19
[Eff OCT 25 1999] (Auth: HRS §§ 2016-4, 2016-321) (Imp: HRS § 2016-321)

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