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2. Mortgage burning - Wikipedia

   en.wikipedia.org/wiki/Mortgage_burning

   Mortgage burning. Mortgage burning was a twentieth-century custom in the United States of America (U.S.A.) that was the ritual incineration of the promissory note (mortgage) upon satisfaction of the payment schedule by the purchaser (debtor, or mortgagor). This ritual was performed to celebrate the release of the debtor from further payment ...

3. Promissory note - Wikipedia

   en.wikipedia.org/wiki/Promissory_note

   A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

4. Mortgage note - Wikipedia

   en.wikipedia.org/wiki/Mortgage_note

   Mortgage note. Appearance. In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan. Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise.

5. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   Due-on-sale clause. A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

6. Student describes Georgia school shooting: "It didn't feel real"

   www.aol.com/student-describes-georgia-school...

   A person prays during a vigil for the victims of the Apalachee High School shooting at Jug Tavern Park in Winder, Georgia, on Sept. 4, 2024. Authorities said a 14-year-old gunman killed at least ...

7. Wraparound mortgage - Wikipedia

   en.wikipedia.org/wiki/Wraparound_mortgage

   A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property. [1][2] The seller extends to the buyer a junior mortgage which wraps around and exists in addition to any superior mortgages already secured by the property. Under a wrap, a seller accepts a secured promissory note from ...