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...When a grant of real property purports to be an absolute conveyance, but is intended to be defeasable on the performance of certain conditions, such grant...shall have been recorded in the office of the County Recorder of the county where the property is situated. 2951. When real property, subject to a mortgage,...

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...obligation, describmg it, &C.J. ' AB." § 2949 of said Code is repealed. [In effect July 1, 1874.] § 2950. When a grant of real property purports to be an absolute...devisees, or persons having actual notice, unless a« instrument of defeasance, duly executed and acknowledged, shall have been recorded in the office...

...obligation, describmg it, &c.J. A B." § 2949 of said Code is repealed. [In effect July 1, 1874.] § 2950. When a grant of real property purports to be an absolute...as against any person other than the grantee or his \ieirs or devisees, or persons having actual notice, unless ai instrument of defeasance, duly executed...

...describing it, &c.]. " A R." § 2949 of said Code is repealed., [In effect July 1, 1874.] § 2950. When a grant of real property purports to be an absolute...affected as against any person other than the grantee or hia heirs or devisees, or persons having actual notice, unless an instrument of defeasance, duly executed...

...obligation, describing it, &c.J. A B." § 2949 of said Code is repealed. [In effect July 1, 1874.] § 295O. When a grant of real property purports to be an absolute conveyance, but is intended to be defeasible on tbe performance of certain conditions, such grant is not defeated or affected as against any person...

...as security for the payment of an obligation, describing it, etc.] A B. Recording of Defeasance. — When a grant of real property purports to be an absolute conveyance, but is intended to be defeasable on the performance of certain conditions, such grant is not defeated or affected as against...

...purchasers in good faith for a valuable consideration whose conveyance is first duly recorded. When a grant purports to be an absolute conveyance, but is intended...defeasible on the performance of certain conditions, the defeasance must be recorded in order to defeat or affect the absolute grant as against any person...

...not considered by the court. The section reads as follows: "When a grant of real property purporte to be an absolute conveyance, but is intended to be...conditions, such grant is not defeated or affected as ngainst any person other than the grantee or hie heirs or devisees or persons having actual notice,...