The first part of the loan is the promissory note, which is your promise to repay the loan. The second part of the loan is the mortgage or trust deed, which is a document that lets your lender put its hooks into your property. If you don't pay the loan, the mortgage or trust deed lets the lender foreclose. That risk goes away when you pay the loan off and the lender gives you a reconveyance.
Lowlife definition, a despicable person, especially a degenerate or immoral person. See more.
Quick Answer. A gypsy lifestyle is a way of describing the way in which someone who moves a lot and never stays in one place for very long lives. It is derived from the perception of gypsies as nomadic people. Continue Reading.