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Choose the One Most Appropriate Answer for Each

Question 44

Multiple Choice

Choose the one most appropriate answer for each.
-an agreement that is considered to be a mortgage in its intent even though it may not follow the usual mortgage wording


A) acceleration clause
B) alienation clause
C) assumption
D) chattel mortgage
E) deed of trust
F) defeasance clause
G) deficiency judgment
H) equitable mortgage
I) equity of redemption
J) first mortgage
K) foreclosure
L) junior mortgage
M) mortgage
N) mortgagor
O) partial release
P) power of sale
Q) promissory note
R) public auction
S) subject to
T) subordination

Correct Answer:

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