A provision in the mortgage that gives the mortgagee the right to call the mortgage due and payable at the end of a specified period for whatever reason.
Kenneth R. Leland Realty, Inc. 226 W. Fountain St. 1-507-373-9586 Fax: 1-507-373-9885 Toll Free: 1-888-373-9596 email: krl@lelandrealty.com Website: www.lelandrealty.com