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E In case the mortgage should be paid back in periodic installments can the borrower agree with the lender on variable installments Give reason for your answer. Although the terminology and precise forms will differ from country to country the basic components tend to be similar Property Mortgage Borrower Lender Principal Interest Foreclosure or repossession the possibility that the lender has to foreclose repossess or seize the property under certain circumstances is essential to a mortgage...

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