Multiple Choice
Which of the following is not a covenant of the mortgagor?
A) to keep the property adequately insured in the name of the mortgagee
B) to keep the premises in a reasonable repair
C) to pay the taxes on the land the buildings
D) to pay the debt and accrued interest, at the stipulated times
E) to execute the necessary discharge of the mortgage upon payment in full
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Under the land titles system, mortgages are
Q35: What is an accelleration clause?
Q36: Under the land titles system, mortgages are
Q37: An order by a court that ends
Q38: Under the land titles system, a mortgages
Q40: A mortgage that permits repayment of the
Q41: Explain why mortgagee rarely take possession of
Q42: Which of the following is not true
Q43: A creditor who has no security other
Q45: In a real estate transaction,the draft deed