Code of Alabama

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41-10-144
Section 41-10-144 Bonds - Statutory mortgage lien to secure payment of principal and interest;
recording notice. Any resolution of the board or trust indenture under which bonds may be
issued pursuant to the provisions of this article may contain provisions creating a statutory
mortgage lien in favor of the holders of such bonds and of the interest coupons applicable
thereto on the property and facilities, or any part thereof (including any after-acquired
property) out of the revenues from which such bonds are made payable. The said resolution
of the board or the said trust indenture may provide for the filing for record in the office
of the judge of probate of each county in which any property and facilities, or any part thereof,
may be located of a notice containing a brief description of such bonds and a declaration
that the said statutory mortgage lien has been created for the benefit of the holders of such
bonds and the interest coupons applicable thereto upon such property and...
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45-29-90.15
Section 45-29-90.15 Statutory mortgage lien. Any resolution of the board of directors, or trust
indenture, under which bonds may be issued pursuant to this article may contain provisions
creating a statutory mortgage lien, in favor of the holders of such bonds and of the interest
coupons applicable thereto, on the facilities and other property, including any after-acquired
property, out of the revenues from which such bonds are made payable. The resolution of the
board of directors, or the trust indenture, may provide for the filing for record in the office
of the Judge of Probate of Fayette County of a notice containing a brief description of such
facilities or other property, a brief description of such bonds, and a declaration that the
statutory mortgage lien has been created for the benefit of the holders of such bonds and
the interest coupons applicable thereto, upon such facilities and other property, including
any additions thereto and extensions thereof. The judge of probate...
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45-49A-64.11
Section 45-49A-64.11 Statutory mortgage lien. Any resolution of the board or trust indenture
under which bonds may be issued pursuant to this part may contain provisions creating a statutory
mortgage lien, in favor of the holders of such bonds and of the interest coupons applicable
thereto, on the transit systems, or any thereof (including any after-acquired property) out
of the revenues from which such bonds are made payable. The resolution of the board or the
trust indenture may provide for the filing for record in the office of the judge of probate
of each county in which any part of such transit system, or any thereof, may be located of
a notice containing a brief description of such systems, a brief description of such bonds,
and a declaration that the statutory mortgage lien has been created for the benefit of the
holders of such bonds and the interest coupons applicable thereto, upon such systems, including
any additions thereto and extensions thereof. Each judge of probate...
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9-6-11
Section 9-6-11 Bonds - Creation of statutory mortgage lien. Any resolution of the board or
trust indenture under which bonds may be issued pursuant to the provisions of this chapter
may contain provisions creating a statutory mortgage lien in favor of the holders of such
bonds and of the interest coupons applicable thereto on the equipment, facilities, apparatus
and systems or any part thereof (including any after-acquired property) out of the revenues
from which such bonds are made payable. The said resolution of the board or the said trust
indenture may provide for the filing of record in the office of the judge of probate of each
county in which any part of such equipment, facilities, apparatus and systems or any part
thereof may be located of a notice containing a brief description of such bonds and a declaration
that said statutory mortgage lien has been created for the benefit of the holders of such
bonds and the interest coupons applicable thereto upon such equipment,...
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11-88-10
Section 11-88-10 Bonds of authority - Statutory mortgage lien to secure payment of principal
and interest. Any resolution of the board or trust indenture under which bonds may be issued
pursuant to the provisions of this article may contain provisions creating a statutory mortgage
lien, in favor of the holders of such bonds and of the interest coupons applicable thereto,
on the water systems, sewer systems and fire protection facilities or any thereof (including
any after-acquired property) out of the revenues from which such bonds are made payable. The
said resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such water systems,
sewer systems and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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11-89-10
Section 11-89-10 Bonds of district - Statutory mortgage lien to secure payment of principal
and interest. Any resolution of the board or trust indenture under which bonds may be issued
pursuant to the provisions of this chapter may contain provisions creating a statutory mortgage
lien, in favor of the holders of such bonds and of the interest coupons applicable thereto,
on the water systems, sewer systems, and fire protection facilities or any thereof (including
any after-acquired property) out of the revenues from which such bonds are made payable. The
said resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such water systems,
sewer systems, and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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16-18A-7
Section 16-18A-7 Revenue bonds - Creation of statutory mortgage lien; recording. Any resolution
of the authority or trust indenture under which bonds may be issued pursuant to the provisions
of this chapter may contain provisions creating a statutory mortgage lien in favor of the
holders of such bonds and of the interest coupons applicable thereto on the property and facilities,
or any part thereof (including any after-acquired property) out of the revenues from which
such bonds are made payable. The said resolution of the authority of the said trust indenture
may provide for the filing of record in the office of the judge of probate of each county
in which any property and facilities, or any part thereof, may be located of a notice containing
a brief description of such bonds and a declaration that said statutory mortgage lien has
been created for the benefit of the holders of such bonds and the interest coupons applicable
thereto upon such property and facilities, or any thereof,...
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33-15-10
Section 33-15-10 Bonds and other obligations - Statutory mortgage lien. Any resolution of the
board of directors or trust indenture, under which bonds may be issued pursuant to the provisions
of this chapter may contain provisions creating a statutory mortgage lien, in favor of the
holders of such bonds and of the interest coupons applicable thereto, on the facilities and
other property (including any after-acquired property) out of the revenues from which such
bonds are made payable. The said resolution of the board of directors or the said trust indenture
may provide for the filing for record in the office of the judge of probate of each county
in which any part of such facilities or other property may be located of a notice containing
a brief description of such facilities or other property, a brief description of such bonds
and a declaration that said statutory mortgage lien has been created for the benefit of the
holders of such bonds and the interest coupons applicable thereto...
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6-6-164
Section 6-6-164 Claims based on mortgage or lien; ascertainment of amount; payment by plaintiff;
sale of property and application of proceeds. When the claim interposed is based on a mortgage
or lien, the claimant must state in his affidavit the nature of the right which he claims;
and, in case such claim is sustained on the trial, the amount of it, whether then due or not,
with interest to the date of the trial, must be ascertained by the jury or judge, as the case
may be. The plaintiff may, within 10 days from date of said ascertainment, pay to the mortgagee
or his assignee or to the lien holder the amount ascertained to be due; and in such case the
property shall be sold as well for the payment of the debt secured by the mortgage or the
lien, as ascertained, as for the satisfaction of the plaintiff's judgment, the proceeds of
the sale to be applied first, after payment of the costs, to reimburse the plaintiff the amount
so paid by him to such mortgagee or lien holder, and the claim...
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7-9A-502
to be cut only if: (1) the record indicates the goods or accounts that it covers; (2) the goods
are or are to become fixtures related to the real property described in the record or the
collateral is related to the real property described in the record and is as-extracted collateral
or timber to be cut; (3) the record satisfies the requirements for a financing statement in
this section, but: (A) the record need not indicate that it is to be filed in the real property
records; and (B) the record sufficiently provides the name of a debtor who is an individual
if it provides the individual name of the debtor or the surname and first personal
name of the debtor, even if the debtor is an individual to whom Section 7-9A-503(a)(4) applies;
and (4) the record is recorded. (d) Filing before security agreement or attachment. A financing
statement may be filed before a security agreement is made or a security interest otherwise
attaches. (Act 2001-481, p. 647, §1; Act 2014-374, p. 1339, §1.)...
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