1 Your Voter ID card will be mailed to you.  If the next election is within 45 days, you will receive a receipt for your Mississippi Voter Identification Card from the Circuit Clerk. The receipt may be used as your photo ID when voting at the polls.
DEFINITION of 'First Mortgage'. A mortgage in a first lien position on the property that secures the mortgage. A first mortgage has priority over all other liens or claims on a property in the event of default.Next Up.f the loan to value (LTV) ratio of a first mortgage is greater than 80%, lenders generally require private mortgage insurance (PMI).
Senior loans (or âsenior mortgagesâ or âfirst mortgageâ or âfirst-lienâ debt holders) are in first position (i.e. they have a first lien priority). Junior loans (or âjunior mortgagesâ or âsecond-lienâ debt holders or mezzanine capital) have a lower priority than a first or prior (senior) lender. In addition to missing a payment, a borrower can trigger a default on the loan if they violate any of the terms of the loan agreement.