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. Note: 411.692 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.
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