Explain any one duty of a ...

[altibaby]

Explain any one duty of a mortgagor.

Question 2

The _____ applies to both private and public sector employers with fifteen or more employees, but does not apply to most federal government employers, American Indian tribes, or bona fide private membership clubs.
 A) National Labor Relation Act
 B) Americans with Disabilities Act
 C) Occupational Safety and Health Act
 D) Equal Pay Act

[amit]

Answer to Question 1

The mortgagor must make all payments of interest and principal as they become due. A failure to pay either the periodic payments of interest and principal or of interest only constitutes a default. A default gives the mortgagee the right to foreclose.
The mortgagor must also pay any taxes and assessments. Failure to pay becomes a default.

Finally, the mortgagor must not act in a way which would materially impair the value of the security. Generally, this means a mortgagor may not cause any damage to the property.

Answer to Question 2

B