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A borrows $50,000 from Bank and pledges real property as security. After the loan, A sells the property to B, who buys subject to the

A borrows $50,000 from Bank and pledges real property as security. After the loan, A sells the property to B, who buys subject to the mortgage. B then defaults on the mortgage loan. Under the following example, which of the following statements is/are true?

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