society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > mortgagee (4)
The person to whom property is mortgaged; the creditor (now usually a bank, building society, or savings and loan association) in a mortgage, a…
One who holds by a wadset, a mortgagee.
the man astride the rigging tree: the person who holds the mortgage of a property. Obsolete. rare.
One who has an encumbrance or legal claim on an estate.