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5. A property is encumbered as follows: First mortgage, A $250,000 Second mortgage, B $ 40,000 Third mortgage, C $ 10,000 If the foreclosure sale

5. A property is encumbered as follows: First mortgage, A $250,000 Second mortgage, B $ 40,000 Third mortgage, C $ 10,000 If the foreclosure sale clears $235,000, how much is received by each mortgage

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