6.2-408 - (Effective October 1, 2010) Priority of interest on debts secured by mortgage or deed of trust.

§ 6.2-408. (Effective October 1, 2010) Priority of interest on debts securedby mortgage or deed of trust.

Interest that is charged pursuant to a written agreement, whether or notrecorded, shall be of equal priority with the principal debt secured by themortgage or deed of trust and shall have priority as to third parties asprovided in Title 55.

(1987, c. 622, § 6.1-330.69; 2010, c. 794.)