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If 2nd mort gets delinq what can happen if 1st is current?

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If 2nd mort gets delinq what can happen if 1st is current?

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  1. This is not an anthropology subject!


  2. The mortgagor can foreclose but must pay out the 1st mortgage and other liens.  At least thats the way it here.

  3. Yep, the 2nd tribe must pay off the 1st tribe to get the rights to the cave.  Good Luck. Best to try to sell the cave.
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