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A borrower goes to a lender, wishing to buy a house, the borrower promises to repay the lender $200,000 plus interest, agreeing to use the
A borrower goes to a lender, wishing to buy a house, the borrower promises to repay the lender $200,000 plus interest, agreeing to use the property as security for the debt. What two-party instrument does the borrower give the lender to create a lien on the property?
a)conveyance
b)deed of trust
c)mortgage
d)promissory note
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