Jerry Palmer, an attourney provided the following infromation on deeds for me,
"Warranty Deed is what a buyer of a house would get from the seller to covey all title to the property , without any exceptions.
Mortgage is what the buyer would give to the Bank that loaned the
money to purchase the house , that gives the bank security if buyer
doesn't make the payments on the loan they can sell the property to
repay the loan by foreclosing the mortgage. This is
a very simplified and general explanation only valuable to understand
in a historical sense the dealings shown on the abstract of your house
title . The words mean the same thing today."
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