Deed of Mortgage

THIS DEED OF MORTGAGE is made this [DATE] BETWEEN [MORTGAGOR_NAME] of [MORTGAGOR_ADDRESS] (hereinafter referred to as the "MORTGAGOR" which expression shall where the context so admits include his heirs, personal representatives, successors-in-title and assigns) of the ONE PART. AND [MORTGAGEE_NAME] of [MORTGAGEE_ADDRESS] (hereinafter referred to as the "MORTGAGEE" which expression shall where the context so admits include its successors-in-title and assigns) of the OTHER PART. WHEREAS: 1. The Mortgagor is the beneficial owner of the property described as [PROPERTY_DESCRIPTION]. 2. The Mortgagee has agreed to lend to the Mortgagor the sum of [PRINCIPAL_SUM] upon having the repayment thereof with interest secured in the manner hereinafter appearing. NOW THIS DEED WITNESSES AS FOLLOWS: 1. In consideration of the sum of [PRINCIPAL_SUM] now paid by the Mortgagee to the Mortgagor (the receipt of which the Mortgagor hereby acknowledges), the Mortgagor hereby covenants with the Mortgagee to repay the said sum on demand together with interest thereon at the rate of [INTEREST_RATE] per annum. 2. For the consideration aforesaid, the Mortgagor as BENEFICIAL OWNER hereby DEMISES unto the Mortgagee ALL THAT property described as [PROPERTY_DESCRIPTION] TO HOLD the same unto the Mortgagee for the unexpired residue of the term of years granted by the Certificate of Occupancy EXCEPT the last day thereof, subject to the proviso for redemption hereinafter contained. 3. PROVIDED ALWAYS tha... [Sign up to generate the complete, customized document with your case facts]