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.
Low means you can eat several servings per day of this food and not go over the suggested daily value for that nutrient. 1  The word low is used to describe fat, calorie, and sodium contents of foods. 2  Low fat means less than or equal to 3g total fat per serving. 3  A low calorie food has 40 calories or less per serving.