A senior mortgage holder is owed a mortgage balance of $140,000 and brings a foreclosure suit which includes all junior liens. What is the likely outcome?
A) The senior mortgage holder will receive the full amount owed from the foreclosure sale, and any excess will go to the junior lienholders.
B) The senior mortgage holder will receive the full amount owed from the foreclosure sale, and the junior lienholders will not receive anything.
C) The junior lienholders will have priority over the senior mortgage holder in receiving proceeds from the foreclosure sale.
D) The foreclosure sale will be cancelled, and the borrower will be given more time to repay the mortgage balance.