Practice question
The mortgaged property cannot be sold in portions without prejudice. What does Section 5 permit in that setting?
- A rule forbidding every sale regardless of prejudice.
- Automatic appropriation by the creditor without public sale.
- Keeping all excess without legal distribution.
- Ignoring every future installment without accounting.
- Sale of the whole initially, with payment of the entire debt and costs if proceeds suffice and proper interest rebate where applicable.
Legal references
- Rules of Court, Rules 66-68, specifically the procedural provisions identified in each explanation: https://lawphil.net/courts/rules/rc_1-71_civil.html
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