Arizona § 48-3164 Priority of mortgage liens

Arizona Statutes

§ 48-3164 — Priority of mortgage liens

Arizona·Title 48 Arizona Revised Statutes·Ch. 19 IRRIGATION AND WATER CONSERVATION DISTRICTS·Art. 9 District Assessments

The mortgage liens into which assessments or tax liens are converted by mortgage, as provided by this article, shall constitute negotiable mortgage liens upon such lands in accordance with the priority established by the district board, notwithstanding the conversion of assessment or tax liens into mortgage or contract liens, and shall be prior and superior to all other liens or encumbrances except liens of state, county and district taxes not converted.

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The mortgage liens into which assessments or tax liens are converted by mortgage, as provided by this article, shall constitute negotiable mortgage liens upon such lands in accordance with the priority established by the district board, notwithstanding the conversion of assessment or tax liens into mortgage or contract liens, and shall be prior and superior to all other liens or encumbrances except liens of state, county and district taxes not converted.

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