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What does mortgaged mean?

Looking for the meaning or definition of the word mortgaged? Here's what it means.

Verb
  1. simple past tense and past participle of mortgage
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Examples
The equity is perhaps a matter of argument, but the position is it is mortgaged but the mortgagees will give up their priority to the charge.
His biggest fear is losing the heavily mortgaged family house, where he lives alone.
If disaster strikes the debtor and the mortgaged securities but the surety remains capable of repaying the debt then the creditor loses nothing.
Once again, Middle Britain is mortgaged to the hilt, spurred by the lowest interest rates in 38 years.
The young are in debt mortgaged up to the hilt, and the middle-aged are in clover, sitting on a semi-detached gold mine.
I shall never forget one day at lunch after Dr. Janeway had been seeing some of these mentally mortgaged men and women.

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