"This deed highlights only some of the key features and terms of the actual license."
Deed- (noun)
This deed- (noun phrase)
Highlights- (verb) this deed HIGHLIGHTS only some
And- (conjunctions) only some of key features AND terms of license
The- (article)
"Creative Commons is the nonprofit behind the open license and other legal tools that are free to use."
Creative-(Adjective)
Creative Commons-(adjective-noun) The creative COMMONS
Is- (linking verb) the Creative Commons IS the nonprofit behind open license.