Which of the following is NOT a covenant of the mortgagor?
A) to pay the debt and accrued interest,at the stipulated times
B) to pay the taxes on the land the buildings
C) to execute the necessary discharge of the mortgage upon payment in full
D) to keep the premises in a reasonable repair
E) to keep the property adequately insured in the name of the mortgagee
Correct Answer:
Verified
Q1: A mortgagee is
A)a preferred creditor.
B)a secured creditor.
C)an
Q2: In a foreclosure,even after the final day
Q3: The land titles system has changed the
Q4: A mortgage that permits repayment of the
Q6: Which of the following is NOT a
Q7: On receipt of an agreement of purchase
Q8: George owns an acre of land and
Q9: The right of the mortgagee,given by a
Q10: If a mortgagee does NOT register the
Q11: A creditor who has no security other
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