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64 chapters · 819 sections in this title.
R.I. Gen. Laws § 34-25-1. Real estate mortgage to secure future loans — Amounts and purposes of loans covered
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(a) Whenever a mortgage deed in statutory form or other form mortgaging real property is entitled at the beginning thereof “Mortgage to secure present and future loans under §§ 34-25-1 — 34-25-5” and contains in its provisions a provision to the effect that it is intended to secu…
R.I. Gen. Laws § 34-25-10. Priority of open-end mortgages over encumbrances not previously recorded
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(a) The mortgage deed and the rights established therein, shall, to the extent of the loans secured thereby, and interest, taxes, insurance premiums and other obligations as secured thereby, have full priority over all mortgages, liens and encumbrances which have not been recorde…
R.I. Gen. Laws § 34-25-11. Relinquishment of security as to additional future advances — Stipulation as to amount due
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If the mortgagor desires to terminate the privilege of having the mortgage constitute security for further future advances in addition to all advances theretofore made by the mortgagee on the security of the mortgage, and desires to establish the then principal amount of loans ou…
R.I. Gen. Laws § 34-25-12. Discharge of open-end mortgage
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(a) Notwithstanding the provisions of § 34-26-2, no mortgagee under an open-end mortgage subject to this chapter shall be obligated to discharge the mortgage until the mortgagee receives full satisfaction for the money due thereon and receives such written agreements as the mortg…
