Real Estate Brokerage and Agency: The provision in a mortgage that permits the bank to demand that the borrower pay in full the amount of the loan in the event the borrower defaults in an ____________. The provision must be stated in the _______; otherwise, the right does not exist.

Question

The provision in a mortgage that permits the bank to demand that the borrower pay in full the amount of the loan in the event the borrower defaults in an ____________.  The provision must be stated in the _______; otherwise, the right does not exist.

Ariaun Stewart · Accepted Answer

acceleration clause....mortgage

Real Estate Brokerage and Agency

The provision in a mortgage that permits the bank to demand that the borrower pay in full the amount of the loan in the event the borrower defaults in an ______. The provision must be stated in the _; otherwise, the right does not exist.

Acceleration clause....mortgage

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