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Webster 1913 Edition

Noun.

(Law)

The person to whom property is mortgaged, or to whom a mortgage is made or given.

Noun.

morgagee'. The person to whom an estate is mortgaged.

mortgagee ‎(plural mortgagees)

One who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement.

one who provides a loan secured upon the borrowers' property