In general, a mortgagor is under a duty to: ______.
A) make improvements to the mortgaged property.
B) insure the property.
C) pay taxes and assessments on the property.
D) reimburse the mortgagee for expenditures made by the mortgagee for valuable and lasting improvements.

Question

Quizplus · Accepted Answer

A mortgagor is generally required to pay taxes and assessments on the property to prevent liens that could affect the mortgagee's security interest.

In General, a Mortgagor Is Under a Duty To: ______