What generally establishes priority for payment in a foreclosure proceeding?

A) Alphabetically by name of the lender or lien holder

B) The order by which each mortgagee or lien holder files for foreclosure

C) The priority of the mortgage or lien as noted in the document (i.e 1st Mortgage, 2nd Mortgage, etc.)

D) The date and time of official recording of the mortgage or lien