1. On January 1, O borrows $20,000 from A and grants A a mortgage against Blackacre for the loan. On February 1, O borrows $25,000 from B on an unsecured basis. On July 1, O grants B a mortgage against Blackacre for the loan. What does a mortgage against Blackacre represent? If B is unsecured what does this mean?

1. no creation + attachment + perfection in that order
2. no creation + attachment + attachment in that order
3. no creation (Article lI1)
4. no creation + attachment in that order