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You are free to move if you cannot make the payments on the house in which you live. There will likely be consequences, the seriousness of which will vary.
If you do not make payments, there will likely be a foreclosure sale of the property. Unless the foreclosure sale yields proceeds sufficient to pay the remaining mortgage debt and the costs of foreclosure, you will still owe money to the foreclosing lender (or to the lender’s insurer). A mortgage and a deed of trust have similar purposes and are essentially identical for the purposes of this discussion.
If a judgment for this “deficiency” is entered, your wages or your bank account(s) could be garnished, and other property that you own might be seized and sold.
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