Where a creditor pays off debts with a pledge, if there are several mortgagees in a single pledge, the repayment shall be made according to their sequence of establishing the mortgage right.

  • 债务人以抵押物清偿债务时,如果一项抵押物有数个抵押权人的,应当按照设定抵押权的先后顺序受偿。
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