This document consists of draft Mortgage by deposit of Title Deed to be executed between the Lender and the Borrower for securing the amount borrowed by the Borrower, in editable word format making it handy to use and save your time and effort
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This document consists of draft Mortgage by deposit of Title Deed to be executed between the Lender and the Borrower for securing the amount borrowed by the Borrower, in editable word format making it handy to use and save your time and effort
Mortgage by deposit of Title Deed
The creation of mortgage by deposit of title deed is mainly with intent to avoid the procedures of transfer of ownership of prpoerty to the lender and re-transfer of the same from lender on payment of all debt. When you need to create the mortgage in favor of more than one lender on the same property it is very convenient method. For creation of the mortgage it is required to deposit the titel deeds of the property with the the lender or the agent of the lender.
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