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Company Notice By Mortgagee To Exercise Power Of Sale Of Property Mortgaged Registered A/D

· 2 min read
Priyansh Khodiyar
Vaquill co-founder
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NOTICE BY MORTGAGEE TO EXERCISE POWER OF SALE OF PROPERTY MORTGAGED Registered A/D 

To,____________________________(Mortgagor)

Dated: ___________ __________________

Sub. __________________________________

Dear Madam/Sir,

I, the undersigned hereby give you notice as follows:

I, hereby demand you immediate payment of the sum of Rs._____________ ___ due to me under a mortgage deed dated ________________, executed by you with interest payable according to the term of the said mortgage deed.

In default of your paying the said amount for a period of three calendar months from the service hereof I intend to sell the said mortgaged property or such portion thereof as I may think fit in pursuance of the power of sale conferred upon me by the said deed of mortgage.

Kindly take notice.

Copy of this notice is retained with me for further action if required.

Yours faithfully,

Sd/-
Ultimate Legal Bundle in English + Hindi + Gujarati + Marathi

Ultimate Legal Bundle in English + Hindi + Gujarati + Marathi

Get 18,151+ legal drafts for contracts, agreements, HR, tax, and more. One-time fee, lifetime access!

4.8 (3245 reviews)
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  • Instant download, easy editing
  • Lifetime validity, no hidden costs
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