Jun 172007
A clause in a mortgage or Deed of Trust giving the lender the right upon happening of certain events to call all sums owing him to be immediately due and payable. Also can be referred to as a due on sale or call clause.
A clause in a mortgage or Deed of Trust giving the lender the right upon happening of certain events to call all sums owing him to be immediately due and payable. Also can be referred to as a due on sale or call clause.
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