MOTHER HUBBARD CLAUSE

Mother Hubbard clause. 1. A clause stating that a mortgage secures all the debts that the mortgagor may at any time owe to the mortgagee. — Also termed anaconda clause; dragnet clause. [Cases: Mortgages 14, 114, 121. C.J.S. Mortgages §§ 143–150, 157–161, 169.] 2. Oil & gas. A provision in an oil-and-gas lease protecting the […]