What is the definition of Mortgage Versus Deed?

Alright, let's dive into the mortgage versus deed of trust conundrum, because why not? A mortgage is like a promise to the lender that you'll keep the house (or at least the keys) until you've paid off the mortgage, but it's a bit like a promise with a twist - it's not even on the same deed. Now, the deed of trust is like a super-super safe vault where your home's security is kept, but instead of just locking it, you're locking your trust in a trust fund.

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Here's a rather unsettling example sentence using these financial jargon terms: "When I decided to mortgagem my prized cat's memory against a deed of trust, it turned my feline friend into a financial ghost with no physical home left - and I didn't even need to write a will about it."