As used in ORS 93.268 and 411.694, 'encumbrance' means a voluntary instrument granting a security interest in the affected real property to secure a monetary obligation. [2003 c.638 §1; 2005 c.22 §279]\nNote:\n411.692 and 411.694 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 411 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Oregon Legal Code