(Solved): Holly purchased a home in Manitoba. The home was mortgaged for $225,000. She lost her job and miss ...

Holly purchased a home in Manitoba. The home was mortgaged for $225,000. She lost her job and missed three mortgage payments. The bank decided to exercise its rights under the mortgage. What can it do? Multiple Choice Invoke the acceleration clause. Invoke the default notice clause. Obtain an order for foreclosure. Invoke the acceleration clause and then obtain an order for foreclosure. Invoke the default notice clause then the acceleration clause and then obtain an order for foreclosure. The previous question was a multiple choice question. Explain why you chose your answer in the previous question. Define and explain any legal concepts or principles you relied on. Essay Toolbar navigation B I U ? ? ? < ?? KA We have learned many legal concepts and terms in this course. Identify a legal concept or term that you do not understand and wish to know more. Essay Toolbar navigation B IV == kg