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D obtained a loan from C in the amount of Php 50, 000.00 payable on August 10. As security for his debt, D mortgaged his

  1. D obtained a loan from C in the amount of Php 50, 000.00 payable on August 10. As security for his debt, D mortgaged his car in favor of C. The car, however, was substantially damaged without the fault of D. What rights does C have under the law? May C demand payment from D even before August 10? (10 points)

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