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Mortgage Deed

A mortgage deed is a legal document that serves as evidence of a mortgage loan, outlining the terms and conditions between the borrower (mortgagor) and the lender (mortgagee).

Usage 1 - Noun

A mortgage deed, also known as a deed of trust or a security instrument, establishes a lien on the property where the borrower pledges it as collateral to secure the loan provided by the lender.

Sample Sentence: The bank required the borrower to sign the mortgage deed before approving the loan.

Usage 2 - Verb (Rare)

In some regions, the term "mortgage deed" can be used as a verb to describe the act of executing or signing a mortgage document.

Sample Sentence: The couple finally decided to mortgage deed their newly purchased house.

Related Products on Amazon:

• Mortgage Deed Forms
• Books on Mortgage Deeds
• Understanding Mortgage Deeds