Question: Question 2 ( 0 . 8 points ) In a mortgage loan, the borrower always creates two documents a note med a mortgage. Which of

Question

2 (0.8

points

)

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

whether the borrower has the right to prepay the principal daring the tern of the loan, and ary prepayment penalties that would be increted as a result

whether the borrower is released from liability for fulfillent of the contret

an unambiguous description of the property that is being pledged as collateral for the lown

how the interest rate is to be computed

Question 2 ( 0 . 8 points ) In a mortgage loan,

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