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Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
You're not alone--a lot of people still have their blankies when they're older.
Orange juice, rest, blankie for not-advanced cardiac life support (NACLS)
Warning: Don't milk your brother for info, and don't tell his bud that your hro still sleeps with his blankie. Not cool.
I panicked, as I had when we lost the bunny or the bear or the blankie or the cotton ball, the totems our children had needed to be soothed into sleep.
She also designed and created a revolutionary Car Seat Blankie and Stroller Blankie which can be attached to either a car seat or stroller and always remains ready to be deployed when needed, simplifying one more necessity for parents who no longer must remember to bring a baby blanket every time they go out of the house.
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.