113. Mortgage distinguished from lien.

113.     Mortgage distinguished from lien.

A mortgage differs from a possessory lien at common law, for the lien is only a personal right to retain possession of another person's goods previously delivered for some other purpose until a debt is paid; the lien cannot generally be assigned and continues only so long as the possessor of the right holds the goods1. A possessory lien may be accompanied by a contractual power of sale without becoming a charge2. A mortgage differs also from the right of lien given by or under statute in the case of shipowners3 and