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Mortgages Ltd. Asks To Sell Land To Pay Off Creditor

By Christie Smythe (May 6, 2009, 12:00 AM EDT) -- Aiming to resolve complications between bankrupt Mortgages Ltd. and an affiliate of the company's former president, the lender has asked for permission to hold an auction to sell off land in central Phoenix or allow the holder of the loan for the property to foreclose on it....

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