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  • 29 A registered owner in fee simple whose title is subject to a registered right or option to purchase, or a registered owner of a right to purchase, who has created or given a subright to purchase that is registered, unless otherwise expressly agreed in the instruments creating the right, option or subright, may mortgage the registered owner’s interest in the land, subject to the prior registered interests.

1979-340-25; 2023-10-906.