A Debtor to Mercy Alone

a debtor to mercy alone - of covenant mercy i sing
nor fear, with Thy righteousness on, my person and offering to bring
the terrors of law and of God with me can have nothing to do
my Savior's obedience and blood hide all my transgressions from view

the work which His goodness began the arm of His strength will complete
His promise is yea and amen, and never was forfeited yet
things future, nor things that are now, nor all things below or above
can make Him His purpose forgo or sever my soul from His love

my name from the palms of His hands eternity will not erase
impressed on His heart it remains in marks of indelible grace
yes, i to the end shall endure as sure as the earnest is given
more happy, but not more secure - the glorified spirits in heaven
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wow is this song amazing or what?! tonight i'm tired and it's late, so i'm gonna be brief in commentary.
1) a debtor to covenant mercy alone - this means our salvation is accomplished wholly by Christ
2) we can approach God because we are covered in the blood of Christ,
3) He who began a good work in you...
4) nothing shall separate us from the love of Christ
5) we are etched into His palms
6) we are on earth as secure as the saints in heaven because it is not anything about us that saves us - not who we are or what we do. it is all accomplished, and "it is finished" means that the matter is settled. we SHALL endure.