Consider 2 friends A and B. A mortgages his property to B.

Please remember that A mortgages more

than 2 properties to B. Lets call these properties - Villa and bungalow (for instance). A mortgages Villa
and Bungalow to B and then proceeds to mortgage Villa to C. C here is entitled to have the prior
mortgage-debt satisfied out of the property or properties not mortgaged to him without prejudicing the
right of B.