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A mortgage: is a debt obligation (lien) attached to real property gives the mortgage holder the right to sell the property in case of default

A mortgage:

  1. is a debt obligation (lien) attached to real property
  2. gives the mortgage holder the right to sell the property in case of default
  3. gives the principal the right to sell the property in case of default
  4. is a debt obligation (lien) attached to real property that gives the mortgagor the right to sell the property in case of default
  5. is a debt obligation (lien) attached to real property and gives the mortgagee the right to sell the property in case of default

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