What is a "power of sale" in connection with a mortgage?
A) A statute allowing the secured property to be sold in order to satisfy the related debt if it
is not paid according to the stated terms
B) A provision in a mortgage or deed of trust that allows a foreclosure process that does not
involve court action
C) The general principle that a mortgage or deed of trust cannot take away the borrower's
legal right to sell property whether or not there is a security interest associated with it
D) A provision in a mortgage or deed of trust that allows the borrower to sell the property
even though the loan associated with the mortgage has not been paid off
B
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