Except as provided in section 8 (as of section 1808.1) of this Chapter, a contract must contain: (2) "goods" include all personal effects, with the exception of motor vehicles used primarily for personal, family or household purposes. The property includes mobile homes, but not if the instalment payment contract also covers the property in which the mobile home is located. §56-1-1 (A). 10. By signing this Agreement, you grant Seller a purchase warranty interest for the Device, all cash proceeds from the Device, and all non-binding proceeds from the Device that continue until Seller has received full payment of the Guaranteed Commitments. A loan is a transaction between you and a bank or other lender for money, where you use the money to buy a vehicle and agree to repay the loan balances plus interest.