When debtors do not meet their debt obligations, the mortgagee has the power to pass a law against bonded premises discounted, auction, sale and disposal price achieved thus first refusal.
英
美
释义
当债务人不履行其承担的债务时,抵押权人有权通过依法对抵押房产进行折价、拍卖、变卖等处置方式取得价款从而优先受偿。
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