Mortgaged example sentences

The assets of a company are, therefore, free to be mortgaged for the purpose of borrowings, if the need be.For instance, small loans are provided to the members for releasing mortgaged land, for meeting working capital needs (e.g. buying seeds, fertilisers, raw materials like bamboo and cloth), for housing materials, for acquiring assets like sewing machine, handlooms, cattle, etc.For example, restrictions may be imposed on the sale of mortgaged goods, thus making normal business working difficult.