Deed of Further Mortgage
Listen to this Article
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 C.D. to A.B., receipt whereof the said A.B. hereby acknowledges, the said A.B. hereby covenants with C.D. 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 C.D. AND shall stand charged with the payment to C.D. 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 A.B. has signed hereunto at . . . . . . . at the day and the year first abovewritten.
Witnesses:
1. Sd. A.B.
2. Mortgagor.
SCHEDULE OF PROPERTY (AS IN THE EARLIER MORTGAGE)
Category : General | Comments : 0 | Hits : 129
WHAT IS THE VALUE OF MY BUSINESS?
As a registered valuer entrepreneurs often ask’s us, what is the value of my Business ? There is no right answer to this question as valuation is a very subjective thing. I will value a flat near my office higher as compared to someone whose office is far from that flat or a person will value an apple more when he is hungry compared to a time when he is not hungry. So the question what is the value of my business remains unanswered. It will always be difficult to ascertain the value of...
How to get APEDA registration Certificate
APEDA (Agricultural and Processed Food Products Export Development Authority) registration in India is an essential requirement for businesses engaged in the export of agricultural and processed food products. APEDA plays a crucial role in promoting the export of these products and ensuring their quality and compliance with international standards. This article will walk you through the step-by-step process of APEDA registration and the documents required for the same Step 1. Unde...
How to Get FSSAI Certificate
FSSAI (Food Safety and Standards Authority of India) registration is mandatory for any business involved in the food industry in India. The registration process involves several steps and requires specific documents to be submitted. Here is a detailed analysis of how to do FSSAI registration in India step-wise, along with the necessary documents: Step 1: Determine the Type of Registration FSSAI offers different types of registrations based on the scale and nature of the food business. ...
Addressing a career gap in your CV can be challenging- Here are the some ways by which you can address it
A lacuna in your employment history within your curriculum vitae can have potential drawbacks on your job hunt and career opportunities. Addressing a career gap in your CV can be challenging, but there are several unique ways you can handle it. Here are some approaches you can consider: Address the gap directly: Be honest and upfront in explaining the reason for your career gap. Don't try to hide it or sugarcoat it – address it head-on. Be positive and confident: W Regardless of the re...
Introduction India is widely recognized as one of the prominent players in the global economy. Despite being a developing nation, India's economy has a significant impact on world trade. The majority of the most developed countries worldwide are eager to establish or strengthen their ties with India. Investors prefer India as a desirable location over other major countries due to its vast market base and the evolving purchasing habits of its middle-class citizens. As mentioned earlier, I...


Comments