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Ezra's Mortgage Debt to Foxy Is Past Due

Question 55

Multiple Choice

Ezra's mortgage debt to Foxy is past due. Foxy brings a legal action against Ezra to collect the debt. Foxy asks the court to order the sale of the mortgaged property and the payment of a portion of the proceeds to Foxy. Before the sale, Ezra seeks to keep the property by paying the full amount of the debt. This is


A) a deficiency judgment.
B) a right of redemption.
C) a right of subrogation.
D) not possible.

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