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Darwin Borrows $200,000 from Evermore Bank to Buy a Home

Question 27

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Darwin borrows $200,000 from Evermore Bank to buy a home.Less than six months into the term,Darwin stops making payments on the loan.To initiate the process to repossess and auction off the property securing the loan,Evermore must


A) issue a notice of sale to the borrower.
B) offer the property for sale in an auction on the courthouse steps.
C) record a notice of default with the appropriate county office.
D) resort to litigation to establish clear ownership of the property.

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