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Jacinta Owns a Piece of Land Called Blackacre

Question 2

True/False

Jacinta owns a piece of land called Blackacre.She created a mortgage over Blackacre in favour of Simon.She then created a second mortgage in favour of Paolo.Simon has foreclosed on the property.As a result,he was able to extinguish Jacinta's title because she did not repay her loan to him.However Simon's foreclosure cannot extinguish Paolo's second mortgage interest in Blackacre.

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