Hill Billy owns a rural farm in Nova Scotia.There is a mortgage on the farm in the amount of $100,000.The farm has a house,a barn and two machine sheds.He obtained a mortgage from the bank.Hill Billy decided that the house was too expensive to heat in the winter so he turned the heat off and moved into one of the smaller machine sheds.All of the pipes burst.What action can the mortgagee take?
A) Take action for possession
B) Take action for full payment
C) Take action for specific performance
D) Take action for foreclosure
E) Conduct a judicial sale
Correct Answer:
Verified
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