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 ?
But when he heard Skipper's commands cease, and, seconds later, heard his cursings in the barbed wire, he set up a shrill yelping and clawed and scratched frantically at the blanket to get out.
As the pandemonium grew, he added his own yelping to it until he felt a fumbling hand without the blanket.
The rope yarn had been parted, and Lerumie's fingers were feeling inside the blanket for him.
I left the oar long enough to tuck the blankets about her feet and to pull a single fold across her face.
At her solicitation I let her take the watch till midnight,--it was then nine o'clock, but I wrapped her in blankets and put an oilskin about her before I lay down.
After a few moments he returned and crawled under the blankets.
Saxon sat with the blankets drawn closely under her chin, and admired his courage.
He smoked a cigarette by the fire, then rejoined Saxon under the blankets.
He also began to use strips of the one remaining blanket for his feet.
Half of his last blanket had gone into foot- wrappings.
Where are the blankets and merchandise that bought the right of the Fire-eater?
It was Achmet Zek, and he cursed because he had discovered beneath the blankets of his lieutenant only a pile of discarded clothing arranged in the form and semblance of a sleeping man--Albert Werper had fled.