A Due on Sale Clause Which Specifies That the Mortgage

question 30

True/False

A due on sale clause which specifies that the mortgage can accelerate the debt if the property is sold without the mortgagee's permissions is a typical clause in a mortgage document.

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Definitions:

Woodblock Print

A technique of printing texts, images, or patterns used historically throughout East Asia, involving carving an image into a block of wood, inking it, and then pressing it onto paper or fabric.

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A renowned Japanese ukiyo-e artist, famous for his landscapes and depictions of birds and flowers, active during the Edo period.

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