Which of the following best defines a "purchase money mortgage"?
A) A single mortgage, which covers several real estate parcels
B) A real estate mortgage, which includes chattels, such as household appliances, as additional collateral
C) A mortgage given as part or all of the consideration for the purchase of the property
D) A mortgage, which provides for additional advances to the mortgagor without the necessity of writing a new mortgage.
mortgage given as part or all of the consideration for the purchase of the property