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DEED OF ENGLISH MORTGAGE
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This is a precedent of English Mortgage where the Mortgagor binds himself to repay the mortgage money on a certain date and transfers the mortgaged property absolutely to the mortgagee but subject to a proviso that the Mortgagee will retransfer it to the mortgagor upon payment of the mortgage money/debt.
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DEED OF RECONVEYANCE OF MORTGAGED PROPERTY
This is a precedent of a Deed of Re-conveyance of Mortgaged Property where the Mortgagor has repaid the mortgage debt to the Mortgagee and Mortgagee executes into the Deed of Re-conveyance of Mortgaged property.
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DEED OF PLEDGE
This is a precedent of Deed of Pledge where the Pledgor pledges the shares in favour the Pledgee as security for amounts lent and advance by the Pledgee to the Pledgor.
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SUIT FOR FORECLOSURE OF MORTGAGE
The Defendants have availed financial facility from the Plaintiff against the Mortgage of their property. The Defendants have failed to pay the mortgage debt to the Plaintiff. The Defendants have failed to redeem the Mortgage. The Plaintiff claims to be entitled to foreclosure the mortgage and become the Owner of the mortgaged property. This is the precedent of a suit for foreclosure of mortgage.
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CONVEYANCE OF AN IMMOVABLE PROPERTY IN FAVOUR OF THE MORTGAGEE
The property is already mortgaged to the Mortgagee. The Vendor/Mortgagor is unable to redeem the mortgage by paying mortgage debt to the Mortgagee. Hence, decides to sell the property to the Mortgagee. This is the precedent of Conveyance of an immovable property in favour of the Mortgagee.
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DEED OF SIMPLE MORTGAGE
This is a precedent of Deed of Simple Mortgage. The Simple Mortgage gives full right to cause the property to be sold through a court of law and recover Mortgage debt if Mortgagor fails to pay the Mortgage Debt to the Mortgagee.
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DEED OF MORTGAGE BY CONDITIONAL SALE
This is a precedent of Deed of Mortgage by Conditional Sale where there occurs an ostensible sale, which is converted into absolute sale in the event that the Seller/Mortgagor is unable to repay the loan/Mortgage Debt to the Purchaser/Mortgagee.
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SUIT FOR REDEMPTION OF MORTGAGE
The property is mortgaged. The Mortgagor desires to redeem the mortgaged property through Court. This is a precedent of suit for Redemption of Mortgage.
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MEMORANDUM OF ENTRY RECORDING CREATION OF EQUITABLE MORTGAGE
This is a precedent of a Memorandum of Entry Recording Creation of Equitable Mortgage. Equitable Mortgage is a normally executed with an intent to create a mortgage by deposit of title deeds of the property as a security to secure the Mortgage Debt.
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RELEASE OF MORTGAGE
This is a precedent of a Release of Mortgage where the Mortgagor has paid to the Mortgagee the mortgage debt under the Mortgage Deed and Mortgagee releases the mortgaged property from the charge of Mortgagee.
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DECLARATION IN SUPPORT OF EQUITABLE MORTGAGE IN THE MATTER OF MORTGAGE BY DEPOSIT OF TITLE DEEDS IN RESPECT OF IMMOVABLE PROPERTY
This is a precedent of a Declaration in Support of Equitable Mortgage in the matter of Mortgage by deposit of title deeds in respect of immovable property. Equitable Mortgage is a normally executed with an intent to create a mortgage by deposit of title deeds of the property as a security to secure the Mortgage Debt.
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INDENTURE OF SECOND MORTGAGE
This is a precedent of an Indenture of Second Mortgage. The First Mortgage has priority over the Second Mortgage.
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CONVEYANCE OF IMMOVABLE PROPERTY SUBJECT TO EXISTING MORTGAGE
The property is already mortgaged. The Vendor is unable to redeem the mortgage. However, the Purchaser is willing to buy the property subject to existing mortgage. This is the precedent of Conveyance of an immovable property in favour of the Purchasers who is willing to buy subject to the existing mortgage.
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