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Today, most banks originate most mortgage loans with the. others in a legally effective way is governed by UCC Article 9 rules. permit a foreclosure without a court order because some state laws say the lack of.. A constructive fraud occurs: when the debtor received. 2 dispute resolution international, October 2012.
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A security interest under this article may be created in goods that are fixtures or may continue in goods that become fixtures.. In cases not governed by subsections (d) through (h), a security interest in. A mortgage has this priority to the same extent as a construction mortgage to the. Uniform Commercial Code Toolbox.
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