46 CFR § 67.243 Documentation of Vessels

§ 67.243 Requirements for instruments subordinating mortgages.

Current through Sep 25, 2026 · Read all of Part 67

An instrument subordinating a mortgage presented for filing and recording must:

(a) Be signed by or on behalf of each mortgagee whose mortgage is being subordinated; and

(b) Recite the following:

(1) The name and address of each mortgagee whose mortgage is being subordinated; and

(2) The name and address of each party holding an interest in the instrument subordinating the mortgage.

← § 67.241 Requirements for amendments of or supplements to mortgages.§ 67.245 Requirements for interlender agreements. →