Jacinta Owns a Piece of Land Called Blackacre

True/False

Jacinta owns a piece of land called Blackacre.She created a mortgage over Blackacre in favour of Simon.She then created a second mortgage in favour of Paolo.Simon has foreclosed on the property.As a result, he was able to extinguish Jacinta's title because she did not repay her loan to him.However, Simon's foreclosure cannot extinguish Paolo's second mortgage interest in Blackacre because Paolo did not receive any benefit from Simon.