Don borrows $90,000 to buy a home. His mortgage is with Western Bank. Don is unable to make his mortgage payments. Western forecloses on Don's house and sells it in a judicial sale. The bank gets $95,000 for the house. In this case, it:
a. keeps the extra money as the new owner of the property b. keeps the extra money to reimburse it for its expenses
c. must pay the secretary of state for the expenses the office has incurred d. obtain a mechanic's lien against Don
e. none of the other choices
e
Business
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