E and R sign a mortgage agreement and note whereby E agrees to ...

[pragya sharda]

E and R sign a mortgage agreement and note whereby E agrees to advance 45,000 to R in three installments if R requires them. E records the mortgage on June 1, 2015 and makes the first advance on August 1, 2015. R has failed to pay a mechanic, who filed a lien on July 27, 2015.
 A)The mechanic has priority
 B)E has priority
 C)Both share equal priority
 D)None of the above

Question 2

A fee tail is a fee simple defeasible.
  Indicate whether the statement is true or false

[huda]

Answer to Question 1

A

Answer to Question 2

FALSE

[pragya sharda]

Thanks for the timely response, appreciate it

[Zebsrer]

Excellent