Encyclopedia
Mortgage
2. The mortgage deed is a named security, attesting to the following rights of its lawful owner:
the right to receive performance under monetary obligations secured by a mortgage without presenting other evidence of the existence of these obligations;
(as amended by Federal Law No. 264-FZ of December 22, 2008)
the right of pledge over property encumbered by a mortgage
Source: Federal Law No. 102-FZ of July 16, 1998 (as amended on December 6, 2011) "On Mortgage (Pledge of Real Estate)"