The clause in a mortgage document that allows the mortgagee to demand the unpaid balance in full on default is:
A) An escalation clause
B) A default clause
C) A foreclosure clause
D) An acceleration clause
Answer:
The clause in a mortgage document that allows the mortgagee to demand the unpaid balance in full on default is:
A) An escalation clause
B) A default clause
C) A foreclosure clause
D) An acceleration clause
Answer:
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