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Final model draft agreed to by Loud and Door Note: This is a model draft and may be customized according to individual requirement. FORMAT 1. Nature of the Document: SIMPLE MORTGAGE DEED2.(i) Date

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What is simple mortgage deed?

Simple mortgage deed is a legal document that allows a borrower to pledge their property as collateral for a loan.

Who is required to file simple mortgage deed?

The borrower or property owner is required to file simple mortgage deed.

How to fill out simple mortgage deed?

To fill out a simple mortgage deed, the borrower needs to include their personal information, property details, loan amount, terms and conditions, and signatures.

What is the purpose of simple mortgage deed?

The purpose of a simple mortgage deed is to secure a loan by providing the lender with the right to foreclose on the property in case of default.

What information must be reported on simple mortgage deed?

The simple mortgage deed must include details of the borrower, lender, property description, loan amount, repayment terms, and signatures of both parties.

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