Simple Mortgage Deed

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Simple Mortgage Deed Format

 

A mortgage deed is a document in which the mortgagor transfers an interest in property to a mortgagee for the purpose of providing a mortgage loan.

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Download Simple Mortgage Deed Format

How to Use

Mortagage deed is commonly used when mortgagor is in need of money for the purpose of his family expenses and the mortgagor requested the mortgagee to lend him certain sum which mortagagee agree to lend to the mortagagor executing these presents (property) with a view to secure the repayment thereof with interest.

How to Create

The mortgage deed executed mention the name , address of the mortagaor and mortgagee.The sum provided , installment, interest,action steps to be taken in the event of default of repayment to be written.These can be presented in the court of law.