Question 17 1 pts Forbearance allows the forces the borrower to negotiate with the lender at foreclosure? O True O False Question 19 1 pts Assignment Clause does not give the lender the right to sell the mortgage to another party? O True O False Question 20 1 pts A Purchase Money Mortgage is when the funds of a mortgage are used to pay for property instead of cash? O True O False Question 21 1 pts A Subject to the Mortgage means the grantee is liable to pay off the first mortgage? O True O False Question 22 1 pts Assumption of the mortgage means the grantee is liable on the first mortgage? O True O False Question 23 1 pts A land contract is a document used when the seller carries the financing and the title is transferred immediately? O True O False Question 24 1 pts A deficiency judgement means the grantee is liable on the first mortgage? O True O False Question 25 1 pts Equity redemption is the right of lender to start foreclosure since the mortgage is behind payments? O True O False Question 25 1 pts Equity redemption is the right of lender to start foreclosure since the mortgage is behind payments? O True O False Question 26 1 pts A statutory redemption is the right to get your property back after foreclosure by payment of the debt? O True O False Question 27 1 pts Chapter 7 bankruptcy the debtors get paid over time from salary and wages of the debtor? True False Question 28 1 pts Chapter 13 bankruptcy is the total liquidation of the debt? True False