In Which of the Following Circumstances Will an Original Mortgagor,who

Multiple Choice

In which of the following circumstances will an original mortgagor,who has allowed its mortgage to be assumed by another,be held free of liability for repayment should the new buyer default under the assumed mortgage?

A) there is a deficiency in assigned insurance proceeds
B) the original mortgagor agrees to pay a penalty for lost interest
C) failure to notify original mortgagee of renewal of mortgage
D) the lending bank assigned the mortgage to another financial entity