Nevada Statutes

§ 106.320 — “Future advance” defined

Nevada·Title 9 SECURITY INSTRUMENTS OF PUBLIC UTILITIES; MORTGAGES;·Ch. 106 Real· ENCUMBRANCE TO SECURE FUTURE ADVANCES

“Future advance” means a loan of money to a borrower pursuant to an agreement but made after the agreement is executed.

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Legislative History

(Added to NRS by 1985, 725 )

Nearby Sections

15

§ 106.020

Adoption by reference before March 1, 1967

§ 106.025

Adoption by reference on and after March 1, 1967

§ 106.030

Mortgage secures performance of covenants adopted by reference

§ 106.040

Adoption by reference in instrument

§ 106.050

Parties may enter into different or additional covenants

§ 106.195

Mortgage of estate for years

§ 106.200

Effect of recorded mortgage upon possessory claims to public lands or mining claims

§ 106.210

Recording of assignments of mortgages or beneficial interests in deeds of trust; constructive notice; effect of unrecorded assignments

§ 106.220

Filing and recording of instruments subordinating or waiving priority of mortgages, deeds of trust or liens; constructive notice; effect of unrecorded instruments

§ 106.240

Extinguishment of lien created by mortgage or deed of trust upon real property

§ 106.260

Discharge and assignment: Marginal entries; discharge or release must be recorded when mortgage or lien recorded by microfilm

§ 106.270

Discharge of mortgages on filing of certificates specifying satisfaction or payment

§ 106.280

Certificates of discharge: Recording

§ 106.290

Recording 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

§ 106.295

Request by mortgagor for certified copy of note, mortgage and assignments

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