70D-4-201. Scope.
(1) Except as provided in Subsection (3), this chapter applies to a mortgage modification.
(2) This chapter does not affect the following law of this state: law governing the required content of a mortgage; a statute of limitations or other law governing the expiration or termination of a right to enforce an obligation or a mortgage; a recording statute; a statute governing the priority of a tax lien or other governmental lien; a statute of frauds; or except as provided in Subsection, law governing the priority of a future advance. 70D-4-301(2)(h)
(3) This chapter does not apply to: a release of, or addition to, property encumbered by a mortgage; a release of, addition of, or other change in an obligor; or an assignment or other transfer of a mortgage or an obligation.