2604

A mortgage constituted for the security of a future obligation or subject to a recorded suspensive condition shall become effective against a third party from the date of its registration, if the obligation is, in fact, contracted or the condition fulfilled.\nIf the secured obligation is subject to a recorded resolutory condition, the mortgage shall be effective for a third party until fulfillment of the condition is attested to in the Registry.\nHistory —Mortgage Law, 1979, § 185.