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RELEASE OF MORTGAGE
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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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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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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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AGREEMENT OF RELEASE OF RIGHT OF WAY
The Releasor has a right of way on the Releasee’s property. Using this precedent, the Releasor give up the right of way in favour of the Releasee.
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DEED OF USUFRUCTARY MORTGAGE
This is a precedent of a Deed of Usufructuary Mortgage where the mortgagor delivers the possession and right to enjoy an income of and from the property to the Mortgagee.
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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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RELEASE OF A LIFE INTEREST IN THE TRUST
The Releasor has life interest in the immovable property held by the Trustees under the Trust and upon her demise the said immovable property would vest in the Releasee.By this Deed the Releasor is giving up her life interest and gives consent to the trustees to forthwith and during lifetime of the releasor transfer the immovable property to the Releasee.
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RELEASE OF A LIFE INTEREST CREATED UNDER THE WILL
The Releasor has limited life interest in the immovable property created under the Will of the deceased. By this Deed the Releasor is giving up his/her said life interest in favour of the Releasee making Releasee the absolute owner of the property.
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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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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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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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DEED OF HYPOTHECATION
This is a precedent of Deed of Hypothecation of movables.
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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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