Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.

Page 3 · column 7 of 9 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

Contrary to what most people think, a mortgage is not a loan. It is the pledging of property to a creditor as security for the payment of a debt. This simply means that, if you don't repay the loan as required, the lender can foreclose the loan and take over the property in satisfaction of the debt.

This is nothing to be frightened of. People make mortgage loans every day. Few people can avoid it if they want to own a home. It is just important to fully understand what a mortgage is. and the obligation it entails.

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