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If you have 4 separate mortgages for the 4 different lots, then the lender will have to foreclose on each separately. However, if you have one mortgage that covers all 4 lots, then the lender may foreclose on all 4 lots. The botXXXXX XXXXXne is that the lender pays the taxes to prevent a tax lien, and it pays the insurance to protect the collateral. The fact that the lender paid or didn’t pay those expenses, however, has nothing to do with its legal right to foreclose.
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