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).
This ranking also applies to IRS tax liens. For example, if a property has a first mortgage for $150,000 recorded in January 2009 and an IRS tax lien for $45,000 recorded in October 2011, the first mortgage lien is superior to the tax lien. The first mortgage holder can foreclose on the property and wipe out the IRS lien. The IRS, however, has 120 days to redeem the property, meaning that it can pay the purchase price of the house and pay out the first mortgage to preserve its claim.