a actiI - In a standard morgage contract, the principle borrowed is said to be amortized over the term of the loan. In other words, when a borrower makes their scheduled payment

for the principle balance.

a) decreases

b) remain the same

c) increase

d) decreases then, after a while, increases

II- If a borrower defaults on a mortgage loan thant contains an exculpatory clause and the lender receives less than the amount owed on the mortgage when the property is sold

in foreclosure , the lender

a) can take legal action again the borrower in order to recover the difference between the amount received when the house was foreclosure upon and sold and the loan amount

b) is limited to the amount received when foreclosured upon and sold

c) can put a lien on the borrower' s next new house

d) will have the borrower sent to debtor's prison