blanket mortgage definition

  • others:
    • the one that covers a group or course of things or properties rather than more than one things mentioned separately, as in which home financing secures different debts as friends, or topics an organization or course various pieces of residential property to a single basic lien.
  • noun:
    • A mortgage designed to protect an aggregation of residential property, or secure or provide for indebtedness formerly current in several kinds.

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