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.
Living life as a vagabond means so much more than being a troubador or a vagrant or a bum. It is about traveling the world and interacting with the local cultures in a way that wonât break the bank. The 21st vagabond is embodying that mindset and actually taking the tiny house lifestyle to its absolute tiniest.