A way out. A bank account into which funds are paid, usually for the fulfillment of a mortgage or other contract. Having a duty to act primarily for another's benefit. If you hire an attorney, for example, that attorney has a duty to act primarily for your benefit. Something that is attached to land, becoming part of the real estate.
Examples are wells or fencing.
The sale of mortgaged property. Proceeds from the sale go to the lien holders as repayment. G Grace Period. A period of time granted by a loan agreement during which default will not occur even though payment is overdue. Your contract may or may not have a grace period.