Deed Of Release Of Mortgaged Property Deeds Mortgages And Pledges 1639 - Legal Draft
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This deed of release made this
...............day of
............2000 between
CD son of
............residing at
..........
hereinafter called the
releasor of the one part and AB son of
.....
residing at
........
hereinafter called the releasee of the other part.
Whereas by a deed of simple mortgage dated the
........
day of
...........
made between the parties hereto and registered in the office of Sub-Registrar
of
.................
in Book I, vol, page
.......
to
........
being No
.....
for
the year
.......
the properties described in the Schedule hereto were
mortgaged by AB to CD to secure the repayment of the sum of Rs
...........
lent
and advanced by CD to AB with interest thereon at the rate of
......per cent
per annum and whereas the said AB has paid to the said CD a sum of Rs
..........
in full satisfaction of all the dues of the said CD under the said deed inclusive of interest and costs. Now this deed of release witnesses that in consideration
of the sum of Rs
...........
being the principal sum, interest and costs due under
the said deed having been paid by AB to CD (the receipt whereof the said CD does hereby admit, acknowledge and confirm the said CD does hereby release, discharge and reassure the properties described in the Schedule hereto from all principal moneys, interest, costs, claims and demands secured by the said deed of mortgage and the said CD hereby covenants with the said AB that the said CD has not done, executed or performed or knowing suffered to the contrary or been a party or privy to any act, deed or thing whereby or by reason or means whereof the said properties or any one or part thereof is, are or may be affected or prejudiced in title or estate in any way whatsoever or that the said CD may be hindered or prevented from releasing and reassuring the same in the manner hereinbefore indicated.
The Schedule above referred to
In witness whereof the parties herein have executed these presents on the day, month and year first above-written.
Signed, sealed and delivered by CD
the RELEASOR
in the presence of:
Signed, sealed and delivered by AB
the releasee in the presence of: