True/False
A cross-default means that a default under one provision of a mortgage will constitute a default under another provision of the mortgage.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q20: An assignment of rents and leases must
Q21: A construction loan agreement will generally require
Q22: It is legally permissible for a lender
Q23: The "due on sale" provision in a
Q24: The provision in a construction loan agreement
Q25: If personal property consists of fixtures, the
Q26: Construction loan agreements commonly provide that a
Q28: When a default under one mortgage loan
Q29: An exculpated loan is full recourse to
Q30: An assignment of rents and leases is