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Every deed conveying real estate, which, by any other instrument in writing, shall appear to have been intended only as a security in the nature of a mortgage, though it be an absolute conveyance in terms, shall be considered as a mortgage. The person for whose benefit such deed shall be made shall not derive any advantage from the recording thereof, unless every writing operating as a defeasance, or explaining its effect as a mortgage, or conditional deed, is also recorded therewith and at the same time.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 76. Real Property § 76-251. Deed intended as mortgage; recording; effect - last updated January 01, 2019 | https://codes.findlaw.com/ne/chapter-76-real-property/ne-rev-st-sect-76-251/
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