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From: Webster's Revised Unabridged Dictionary (1913)

 Mort·gage·or, Mort·ga·gor  n. Law One who gives a mortgage.
 Note:The letter e is required analogically after the second g in order to soften it; but the spelling mortgagor is in fact the prevailing form. When the word is contradistinguished from mortgagee it is accented on the last syllable