blanket


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Related to blanket: blanket stitch, sheets

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 classic literature ?
On one arm he carried a bundle, evidently his blankets.
Scarcely had the mate fetched a blanket from below and turned in on deck, than a brisk steady breeze sprang up from off the land, sending the Arangi through the smooth water at a nine-knot clip.
In spite of his defiance his heart sunk when he saw Rose again, for the pain was worse, and the bath and blankets, the warming-pan and piping-hot sage tea, were all in vain.
The two beds--mere shelves covered with blankets not overclean--faced each other from opposite sides of the room, the little square trapdoor that had given access to the Chinaman's grave being midway between.
He had no fire that night, nor hot water, and crawled under his blanket to sleep the broken hunger-sleep.
And so now two boys were tossed together, the peculiar hardship of which is, that it's too much for human nature to lie still then and share troubles; and so the wretched pair of small boys struggle in the air which shall fall a-top in the descent, to the no small risk of both falling out of the blanket, and the huge delight of brutes like Flashman.
So insistent was my gaze that at last she stirred under the blankets, the top fold was thrown back and she smiled out on me, her eyes yet heavy with sleep.
I've a feeling as if we've just started to live," Saxon said, when Billy, his firewood collected, joined her on the blankets before the fire.
There was a cold damp draught from the window, however; without getting up he drew the blanket over him and wrapped himself in it.
As it was quite warm, Clayton had left the side curtains thrown back over the roof, and as they sat, like Turks, upon their blankets, Lady Alice, straining her eyes into the darkening shadows of the wood, suddenly reached out and grasped Clayton's arms.
When ready for his blankets, the man crossed to the little table and extinguished the light.
Just the sort of night people like to cuddle down between their blankets and count their mercies," said Anne to Jane Andrews, who had come up to spend the afternoon and stay all night.