Finance
In Missouri, when a borrower defaults on a first deed of trust, the second lienholder:
AGets paid before the first lienholder
BGets paid only after the first lienholder is paid in full from foreclosure proceeds✓ Correct
CHas no claim on the proceeds
DIs automatically released from their lien
Explanation
In lien priority, senior liens (first deed of trust) are paid before junior liens (second deed of trust). The second lienholder receives proceeds only after the first is paid in full.
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