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In this video, Paul Vojchehoske introduces the concept of a deed of trust, also known as a trust deed, which varies by region. He emphasizes the relationship between a deed of trust, a promissory note, and a mortgage, suggesting viewers watch his previous video on the latter two to enhance their understanding of this topic. He encourages viewers to engage with the channel by liking the video, subscribing, and activating notifications. The video promises to delve deeper into the specifics of deeds of trust following this introduction.