A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
Legend definition, a nonhistorical or unverifiable story handed down by tradition from earlier times and popularly accepted as historical. See more. Dictionary.com
2. One that inspires legends or achieves legendary fame: She is a legend in her own time. 3. a. An inscription or title on an object, such as a coin. b. An explanatory caption accompanying an illustration. c. An explanatory table or list of the symbols appearing on a map or chart.ne that inspires legends or achieves legendary fame: She is a legend in her own time. 3. a. An inscription or title on an object, such as a coin. b. An explanatory caption accompanying an illustration. c. An explanatory table or list of the symbols appearing on a map or chart.