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gmac mortgage services ratio conveyed a fee simple estate, but which was in fact conditional, and would be of no effect if certain conditions were not met --- usually, but not gmac mortgage services the repayment of a debt to the original landowner. Hence the word "mortgage," Law French for "dead pledge;" that is, it was absolute in form, and unlike gmac mortgage services "live gage", was not conditionally dependent on its repayment solely from raising and selling crops or livestock, or of simply giving |
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