When a blanket mortgage is placed upon a property and a "release schedule" is put into the mortgage showing the amount of the loan that must be paid off for each of the lots, those individual amounts would likely be proportionately larger for the first lots that are sold. The reason for this practice is:
A: To increase the security value of the remaining lots;
B: To compensate for the loss of security as the lots under the blanket encumbrance are removed;
C: To compensate for the loss of security due to the best lots being sold first;
D: All of the above.
Answer: D: All of the above.
Business
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