Definitions for "Security Instrument"
This is the general name used for a 'mortgage', 'deed of trust' or a 'security deed'. It serves to pledge the house as collateral for the mortgage loan and allows the property to be sold as repayment for the mortgage debt if the borrower defaults on the mortgage obligation.
A document under which collateral is pledged (e.g. mortgage)
The deed of trust or mortgage verifying the pledge of real property as security for the repayment of the debt.
Keywords:  interest
Security Interest