Template for Deed of Mortgage

A ‘Deed of Mortgage’ is a legally executed agreement between the mortgagor and mortgagee, where the mortgagee agrees to lend the money on request of mortgagor by creating a charge or right in favor of the movable or immovable property owned by mortgagor, for the purpose of securing the repayment of the lent money by mortgagee at the agreed rate of interest in the agreement.

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