adjacent lot...how do I only refinance the main property so

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...he can sell the lot seperate?

I have a few questions about a property in IL. The property currently includes an adjacent lot. The borrower would like to refinance his property without the lot so he can later sell just the lot. I’m not sure how this would work or how I should go about this. If I did his refinance with the lot and he later sold it, then would the money have to go towards the mortgage? Please get back to me through email

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