Finance
In South Dakota, a blanket mortgage covers:
AA property and all of the owner's personal assets
BTwo or more parcels of real property under one mortgage✓ Correct
CAll properties owned by a corporation regardless of location
DA property with an open-end (revolving) credit feature
Explanation
A blanket mortgage encumbers two or more properties. It is often used by developers who secure multiple lots or parcels under one loan, typically with a release clause allowing lots to be released upon partial payoff.
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