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Choose the One Most Appropriate Answer for Each

Question 24

Multiple Choice

Choose the one most appropriate answer for each.
-a clause in a mortgage that gives the mortgagee the right to conduct a foreclosure sale without first going to court


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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