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Mortgage Deed Of Further Mortgage

· 2 min read
Priyansh Khodiyar
Vaquill co-founder
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DEED OF FURTHER MORTGAGE 




THIS DEED OF FURTHER MORTGAGE is made the __________ day of __________, 20 __________,



BETWEEN



(the same parties as in the mortgage) and is supplemental to the deed of mortgage, dated __________

and made between the same parties and registered on the __________ at _________



Sub-Registry Office as No______________ in Book I, Vol_____________, on pages ________,

securing the sum of Rupees __________ (Rs ___________________________________________) only

with interest at __________% per annum on the property situated

at _______________________ and described at the foot of this deed: 



WITNESSES that in consideration of the further sum of Rupees ____________(Rs _________________________) only advance by the said ______ to ____________

receipt whereof the said _____________hereby acknowledges, the said _________ hereby covenants with BB. to repay to him on the __________. day of __________, 20 __________, the said sum of Rupees __________ (Rs ___________________________________________) only, with interest thereon in the meantime at the rate of __________% per annum and also as long after that day any principal money remains due under this deed AND FURTHER that all the property comprised and mentioned in the earlier deed of mortgage, aforementioned and for the sake of clarity described at the foot of this deed shall stand transferred by way of SIMPLE MORTGAGE to ______________ AND shall stand charged with the payment to _____________ of the aforesaid sum of Rupees __________ (Rs _____________________________________________) only and the interest thereon at the rate herein covenanted as well as the unpaid money due on the earlier mortgage aforementioned. 

IN WITNESS whereof the said AA. has signed hereunto at ____________________at the day and the year first abovewritten. 



Witnesses: 

1. Sd. _________ 



2. Mortgagor. 



SCHEDULE OF PROPERTY (AS IN THE EARLIER MORTGAGE) 


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