PLEDGE As to its characteristics

MORTGAGE REAL- not necessarily be delivered ACCESSORY

ANTICHRESIS

CHATTEL MORTGAGE

REAL ACCESSORY SUBSIDIARY UNILATERAL delivered to the Pledgee or 3rd Person

Personal ACCESSORY

CONSENSUAL ACCESSORY

Delivery

Delivery not necessary/ not valid t0 3rd person if not registered Pure and Conditional Obligation Registry of Property Real property

delivered to the creditor or 3rd Person

Delivery not necessary/ not valid t0 3rd person if not registered

GUARANTEES as its FORM as to subject matter Rights of Creditor as to its FRUITS As to Rights of Creditor as to POSSESSION

Pure and Conditional Obligation not necessarily in writing Personal Property

Pure and Conditional Obligation Formal Contract Real property

Pure and Conditional Obligation Registry of Property Personal Property

Mortgagor has real right on the property Creditor has Possession Debtor reatins Possession

Creditor only has the right to receive fruits no real right on property Creditor has Possession Creditor bears expenses necessary for its preservation. Taxes shall be reimbursed fruits shall apply to interest/if owing/ principal

Mortgagor has real right on the property Debtor has Possession

as to expenses As to the adjudication of Payment Remedies of the Creditor in case of non payment as to its FORCLOSURE as to the the Right to recover defficiency Rights of Debtor Use of the thing sale at Public Auction Extrajudicial

Creditor has no such obligation

Creditor has no obligation No obligation on the part of the payee Forclosure Judicial/Extrajudicial Creditor is entitled to deficiency except personal prop in installments

Forclosure Judicial/Extrajudicial

SP/Forclosure Judicial/Extrajudicial

Creditor is not entitiled

Creditor has no right to use the Creditor has no right to use the thing pledge thing Except: 1. there is stipulation 2.necessary for its preservation Pledgor has the right to substitute another thing Present

Creditor has no right to use the thing

Creditor has no right to use the thing

Substitution Right of Redemption

Present