I,_______________ (mortgagee) hereby acknowledge that the sum of mortgage money borrowed from__________(mortgagor) herein called as the creditor who stays at _______________,(address) lends a money of sum of Rs.___,. If at any causes if there is any default in the payment of the mortgage money then the creditor is having the full right to ask for the repayment of the mortgaged money with the interest in the arrears of ___% of the mortgaged money.
_____________
(signature)
_____________
(date)

Using this format

This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Property & Registration team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. We draft, stamp and register property documents in Kolkata.

Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Acknowldgement of Right to Arrears of Interest

Using this format

Related