(1) Where the owner of one of the plots of land encumbered by a blanket mortgage satisfies the creditor, they acquire the mortgage on their plot of land; the mortgage on the other plots of land is extinguished. It is equivalent to the satisfaction of the creditor by the owner if the right of the creditor is transferred to the owner, or if the claim and debt are merged in the person of the owner.
(2) If the owner who satisfies the creditor is entitled to demand compensation from the owner of one of the other plots of land or from a predecessor in title of that owner, then the mortgage on the plot of land of this owner also devolves to the owner satisfying the creditor in the amount of the claim for compensation; it remains a blanket mortgage, together with the mortgage on the plot of land belonging to the owner satisfying the creditor.