A foreclosure of a first mortgage will generally terminate a second mortgage lien on the secured property.
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Q28: A guaranty of a note must be
Q29: The mortgagee of a mortgage is the
Q30: A promise to pay the debt of
Q31: All foreclosures must take place through judicial
Q32: Property sold with a mortgage assumption means
Q34: Foreclosures may take place either judicially or
Q35: A change in the terms of a
Q36: A mortgage securing a note can be
Q37: Notes are rarely witnessed and notarized.
Q38: To have a valid mortgage, a valid
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