Multiple Choice
Choose the one most appropriate answer for each.
-release of a portion of a property from a mortgage
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:

Verified
Correct Answer:
Verified
Q10: Which lien would have highest priority?<br>A) Property
Q11: Choose the one most appropriate answer for
Q12: Choose the one most appropriate answer for
Q13: Betty is six months behind on her
Q14: A "due on sale" clause<br>A) may be
Q16: Choose the one most appropriate answer for
Q17: A nonjudicial foreclosure does not go to
Q18: Choose the one most appropriate answer for
Q19: A mortgagee in a lien theory state
Q20: In _ theory states, the mortgage gives