Principle

EQUITY AND TRUSTS — Merger — Mortgages — Deeds of Same Nature Not Merged by Further Advances

Area of law: EQUITY AND TRUSTS
Court: Supreme Court

Mortgages of the same nature do not merge by further advances. The principle applies to equity and trusts. Merger requires intention. The rule preserves multiple securities. The court will examine the documents. The principle is well-established.

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