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Denise bought a house in 2 0 0 0 for $ 8 5 0 0 0 . She obtained a mortgage from her local credit
Denise bought a house in for $ She obtained a mortgage from her local credit union. She only mortgaged $ In she decided to take a home equity loan for $ to put in replacement windows. Assuming the house is worth at $ and all security interests have been properly filed, what best represents the status of the loans if Denise defaults and leaves town?
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