Examlex
Search engines index web pages using programs known as bots or ____.
Mortgagor
A mortgagor is an individual or entity who borrows money to purchase property and pledges that property as security for the loan.
Mortgagee's Interest
The financial interest a lender has in the property serving as collateral for a loan until the mortgage is fully repaid.
Mortgagee's Claim
A claim made by the lender or mortgage holder for payment of the outstanding loan balance from the proceeds of a foreclosure sale.
Due On Sale Clause
A provision in a mortgage allowing the lender to demand full repayment if the property is sold.
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