Question: In a mortgage loan, the borrower always creates two documents: a note and a mortgage. Which of the following pieces of information is provided in

In a mortgage loan, the borrower always creates
In a mortgage loan, the borrower always creates two documents: a note and a mortgage. Which of the following pieces of information is provided in the note? a) How the interest rate is to be computed. b) Whether the borrower has the right to prepay the principal during the term of the loan, and any prepayment penalties that would be incurred as a result. c) Whether the borrower is released from liability for fulfillment of the contract. d) All of the above are provided in the

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