an agreement by which a person borrows money pledging a piece of real property, usu a house that he or she is buying, as security, e.g. from a bank or building society, usu to buy a house, and the lending organization is given the right to take possession of the borrower's property, e.g. the house, if the loan is not repaid in accordance with the terms stipulated in the agreement

the loan received through such an agreement

the deed containing the loan agreement

the sum paid, usu monthly, towards repayment of the loan and any interest accruing

to transfer the ownership of (property) by a mortgage

to make (esp oneself) subject to a claim or obligation

The middle-aged are mortgaged to life — Oscar Wilde