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 ?
Bishop - grandsons of pioneer textile entrepreneur Thomas Kay - took over the mill and began turning out intricately patterned, eminently practical wool blankets designed for trade with Native Americans, who had long integrated factory-made wool blankets into their lives for clothing, bedding, even ritual use.
Items are bed sheets, pillow cases, bath towels, dish towels, wool blankets.
And the latest to achieve national recognition is Melin Teifi, the commercial mill attached to the Wool Museum in Drefach Felindre - Prince Charles has asked for wool blankets made in the Carmarthenshire mill to be sold in his Highgrove shops.
In addition to accent and scatter rugs in a variety of materials, such as leather and antique kilim, the introductions include Merino wool blankets, shag leather pillows, and coordinating throws and pillows in rayon chenille.
They are inns - stately old properties that have been meticulously refurbished and outfitted in the finest of feather beds, linens, wool blankets, down pillows.
Contract awarded for 15-1295 r1 wool blankets ** 80 50 long and wide r2 ** color towel white edges out.
In Wales, the wool company Melin Tregwynt which makes wool blankets, throws and cushions, furniture, accessories and clothing is a fantastic example of a business which has combined traditional processes with innovative and modern design to create a unique, profitable and successful business.
Included among the new line of floor coverings, bedding and accessories will be merino wool blankets, shag leather pillows, and coordinating pillows and throws in rayon chenille.
While here, the families wear traditional clothes - fur loincloths for Zulu men, wool blankets and straw hats for Basotho, white cotton wraps and turbans for Xhosa.
The wool blankets are priced from pounds 75 while the multicoloured tea cosies start at pounds 20.
Spence said the popularity of down blankets may have an impact on higher-end traditional blanket sales, noting that customers who preferred cotton, silk and wool blankets might move to down.
Many people are ditching their duvets and rediscovering the joys of soft, wool blankets and throws.