A provision in a mortgage that requires a borrower to pay to the lender 1/12th of the taxes and
1/12 of the insurance premium with each mortgage payment is known as an escrow provision.
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Q2: A legal document that creates a security
Q4: A legal document that creates a security
Q5: If the personal property described in a
Q6: Most mortgages provide that a lender shall
Q9: A real estate loan in which the
Q10: A construction loan agreement by its terms
Q11: Mortgages are generally signed by the mortgagor.
Q14: A provision in a mortgage that requires
Q15: Mortgages are generally signed by the mortgagee.
Q19: If personal property consists of fixtures, the
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