CHAPTER XV Mortgage, and sequestration Section 1904 .- Aircraft registered in Colombia can be taxed with a mortgage. Those who are in danger of construction may also be mortgaged, provided in the deed that the mortgage constitutes setting forth necessary specifications for aircraft registration. The mortgage deed of an aircraft must contain the characteristics of this and the hallmarks of its parts. Section 1905 .- The mortgage include the airframe, powerplant units, electronic equipment and any other articles intended for use in the aircraft, built it in permanently, even if temporarily separated from the aircraft, insurance and compensation to partially or completely replace the thing taxed and prefer any other debt, except the following: 1. The taxes for the IRS levied on the aircraft; 2. The wages of the crew of the aircraft for the last month; 3. Remuneration and compensation payable for assistance or rescue caused during the existence of t...