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Art. 814

210CCFederal ActJan 1, 1912Original source
  1. If mortgage rights of different rank are created on an immovable property, any deletion does not entitle the beneficiaries of lower-ranking mortgage to advance in rank.
  2. The owner may create another mortgage in place of one which has been deleted.
  3. An agreement providing for mortgage creditors to advance in rank only has in rem effect where it is recorded as a priority notice in the land register.

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