New Hampshire Statutes

§ 479:3 — Priority of Advances Under a Recorded Mortgage

New Hampshire·Title XLVIII CONVEYANCES AND MORTGAGES OF REALTY·Ch. 479 MORTGAGES OF REALTY·Subdivision Nature of Mortgage
Subject to the provisions on priority in RSA 447:12-a, a recorded mortgage takes priority as of the date of its recording as to advances or obligations thereafter made or incurred that do not exceed the maximum amount stated in the mortgage.

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Legislative History

RS 131:3. CS 137:3. GS 122:3. GL 136:3. PS 139:3. PL 215:3. RL 261:3. RSA 479:3. 1985, 82:1, eff. July 9, 1985.

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