blanket

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Blanket

blanket

A single mortgage instrument covering two or more properties.It is most often encountered in property intended for development,with partial lien releases given as lots are sold and part of the sale proceeds used to pay down the loan. Contrast with cross-collateralization, in which two or more properties, each with their own mortgages, include the other properties as additional collateral.

References in periodicals archive ?
In honor and remembrance of Mike Martinelli, a portion of proceeds from the sale of Bonnet Blankies will be donated to the Cincinnati Shriners Hospital for Children[TM].
I still have my two blankies from when I was born, and I'm 12.
In bed as I snuggle, my blankies tight, I'll blow you a kiss and say goodnight.
In this homey fright-fest, suburbanites are transformed into faceless monsters by their quilted blankies.
The closet doors keep at bay piles of baby clothes, towels, blankies, nappies.
Just as she hopes all the blankies, pillows, and beddings will be passed down from generation to generation.
They troop into the courthouse daily, with their pacifiers and blankies, while their parent or guardian takes care of sometimes unpleasant business.
And it is certainly reflected in Strumpf's organization, Project Books and Blankies - a group dedicated to the promotion of literacy worldwide.
When Mike Kelley brings craft objects into the gallery, he's interrogating the value systems in which blankies, sock monkeys, etc.
Books and Blankies Storytime Newborn-3 year-olds and parents, 10-10:45 a.
Using simple words and images, Kee-Ka's bodysuits and blankies emphasize baby's cuteness: there's a cupcake, a pumpkin, a monkey and a sweet pea.
Some exhausted children may cuddle up gratefully with their blankies, while others will have outgrown their naps.