ACKNOWLEDGEMENT RECEIPT
I, MORTGAGEE: ____________ S/o W/o D/o _________, Aged about ___ years, Occupation: ________,
R/o H.No. ________________________
Do hereby received a sum of Rs. _________/- (Rupees
___________________ Only) out of the Total Mortgage Amount of Rs. ______/-
(Rupees_______________________ Only) towards the Mortgage given amount from the MORTGAGOR ____________ S/o W/o D/o _____________, Aged about ____
years, Occupation: _________, R/o H.No. ____________________ In respect
of mortgagor owned and possessor property i.e., _________________________________________.
That Mortgagor shall herein promise and undertake to
pay me the remaining balance mortgage amount of Rs. ________/- (Rupees _________________
Only) to me within a period of ______ from the date of the execution of this
Acknowledgement Receipt.
That I shall hand over the vacant physical
possession of the said property to Mortgagor after receiving the balance mortgage amount in as it is condition.
That I shall
clear all the arrears of Electricity and Water Charges to the concerned
departments before handing over the physical possession.
Hence, this Acknowledgement Receipt is made
and executed on this the ____ day of __________ at __________ in the presence
of the attesting following witnesses.
WITNESSES:
1. MORTGAGEE / RECEIPIENT
2.
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