Which of the following statements is FALSE regarding foreclosure?

Multiple Choice

In judicial foreclosure, property subject to attachment and execution is not limited to the mortgaged property.

Incorrect

If the sale of the mortgaged property realizes a price above the claims of the mortgage and expense of the sale, the balance always goes to the mortgagor.

Redemption can be accomplished by paying the full amount of the debt, interest, and costs due to mortgage.

The purchaser of property at a foreclosure sale is$,$ in effect, the purchaser of the rights of the mortgagor whose interests are cut off by the sale.