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General Mortgage |
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General mortgage A type of obligation that covers all a borrower's mortgageable properties, not just one specific property. General Mortgage A mortgage secured by all properties the borrower owns that are not specifically excluded. For example, a real estate owner may have a general mortgage to cover all of his/her properties. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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