Question 19 2 pt All of the following are true about mortgages except: A mortgagor is obligated to pay the amount of the mortgage according to the terms even if the document is not recorded. If a mortgagor defaults on a mortgage, the mortgagee can declare the entire debt due and payable immediately. In a bankruptcy, the mortgagee is a secured creditor. All of the above are true. There is no exception