Explanation:

- Mortgagor: The individual or entity that borrows money and pledges their property as collateral for the loan. They grant the mortgage on their property.

- Mortgagee: The lender or financial institution that provides the loan to the mortgagor. They hold the mortgage as security.

- Co-owner: A person who shares ownership of a property with one or more individuals. This term does not directly relate to the mortgage process.

- Executor: A person assigned to manage and distribute the estate of someone who has passed away and who is not directly involved in the mortgaging process.

Mortgagor: