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[________] and lying bearing and situate at ____________________ within the city/village limits of [______] registration sub-district [______] and district [_______] (hereinafter referred to as the ?Mortgaged Premises?) and described in the Schedule hereunder written as a security for repayment and payment of the said ...
For salaried individuals* Latest salary slips. Bank account statements of the previous three months. PAN card/ Form 60 of all applicants. ID proof. Address proof. Document of the property to be mortgaged. IT returns. Title documents.
And this deed further witnesseth that in consideration aforesaid, the Mortgagor hereby mortgage his said scheduled property hereunder written as a security for repayment of the said sum with interest and all other moneys due and payable hereunder with a condition that on the Mortgagor repaying the said principal sum of ...
_____ dated _______________ registered in the office of the Sub- Registrar_________________ (hereinafter called the property). AND WHEREAS the Mortgagor hereby mortgages the above said land to for a loan amount of Rs. ??? (Rupees???????????????????????????. ???????????... only).
To put simply, the deed is the legal document that proves who holds title to a property, while a mortgage is an agreement between a financial lender and borrower to repay the amount borrowed to purchase a home.