As a name, Fergus forms a link between Ireland and Scotland, as Gaelic tradition has it that Irish Prince Fergus Mac Eirc and his two brothers crossed the sea and founded the kingdom of Argyll in Scotland, thereby making this an excellent choice for parents of either ora combined heritage.n Celtic lore, Fergus was the ideal of manly courage; Fergus is a charming, slightly quirky Scottish and Irish favorite.
Soâ¦What is the mortgagee clause? The mortgagee clause is the legal description of the entity that has financial interest in any piece of property. Typically, the mortgagee clause contains the name and address of the lender as well as the loan number. Pretty straightforward. You may also see the following letters or words contained in the mortgagee clause.
Before placing a lien on your house, your creditor must sue you to get a judgment against you saying that you owe a certain amount. Your creditor can not enforce a lien on your house if your equity in the house is $75,000 or less. The equity is the value of the house after the outstanding mortgage is subtracted.ome debts are called secured debts. Secured debts have something that is collateral for the loan-that is, something that the creditor can take if you don't pay back the loan. For example, most car loans are secured loans. The car is the collateral for the loan.