GFR Forms
GFR Forms
23
[See Note 1 under Rule VI of paragraph 253-A]
Form of Mortgage
AND WHER.ES the mortgagor, has applied to the mortgagee for an advance of the
sum of Rs. 244,800 for the purpose of enabling him to defray the expenses of building a house
on the said hereditaments as a suitable residence for his own use.
AND WHEREAS under the provisions contained in para 253-A of the General
Financial Rules (hereinafter referred to as the said Rules which expression shall where the
context so admits include any amendment thereof o r addition thereto for the time being
in force) the mortgagee has agreed to advance to the-mortgagor the said sum of Rs.
………………… payable as follows that is to say the sum of Rs.................. on or before the
execution of these presents and the balance (unless, and until the power of sale applicable
hereto shall have become exercisable) by equal installments payable, quarterly, the
first of such installments to be payable on the ……………….. day of
…………………………
The mortgagor hereby convenants with the mortgage that he the mortgagor will
during the continuance of this security observe and perform all the provisions and
conditions of the Said Rules on his part to be observed and performed in respect of these
presents and the said hereditaments.
IN WITNESS whereof the mortgagor hath hereunto set his hand the day and year
first above written.
WITNESS-1 WITNESS-2
Address: Address:
Occupation: Occupation:
FORM G. F. R. 24
(See Note I under Rule VI of paragraph 253-A)
Form of Re-Conveyance for House-Building Advances
THIS INDENTURE made the..........day of.................... 19 BETWEEN THE
PRESIDENT OF PAKISTAN (hereinafter called the Governor-General) of the one part
and................a Civil Officer of.............(hereinafter called the mortgagor) the other part is
supplemental to an Indenture of mortgage dated the............day of................19 and made
BETWEEN the mortgagor of the one part and the PRESIDENT of the other part and
registered at....................in Book ..............Volume .............. pages .............. to ............. as
No...............for............... (hereinafter called the PRINCIPAL INDENTURE) WHEREAS
all moneys due and owing on the security of the PRINCIPAL INDENTURE have been
fully paid and satisfied and the President has accordingly at the request of the mortgagor
agreed to execute such re-conveyance of the mortgaged premises in the within written
INDENTURE comprised as is hereinafter contained. NOW THIS INDENTURE
WITNESSETH that in pursuance of the said agreement and in consideration of the
premises the President doth here granted assign and recovery unto the mortgagor, his
heirs, executors, administrators and assign ALL THAT the piece of land situate in
the..............containing.........................more or less bounded on the North by................on
the South by.........on the East by..............and on the West by..........together with
dwelling-souse and out-offices, stables, cook rooms and out-buildings thereon AND ALL
and singular other the premises in the PRINCIPAL INDENTURE comprised or
expressed to be thereby assured 01 which now are by any means vested in the President
subject to redemption under or by virtue of the PRINCIPAL INDENTURE with their
rights easements and appurtenances as in the PRINCIPAL INDENTURE expressed and
all the estates right title interest property claim and demand whatsoever of the President
into out of or upon them same premises by virtue of the PRINCIPAL INDENTURE to
have and to hold the premises hereinbefore expressed to be hereby granted assigned and
re-conveyed unto and to the use of the mortgagor his heirs, executors, administrators and
assigns for ever freed and discharged from all moneys intended to be secured by the
PRINCIPAL INDENTURE and from all actions, suits accounts, claims and demands for,
or, in respect of, the said moneys or any part thereof or, for, or in respect of, the
PRINCIPAL INDENTURE or of anything relating to the premises AND the President
hereby covenants with the mortgagor his heirs, executors, administrators and assigns that
the President has not done or knowingly suffered or been party or privy to anything
whereby the said premises or any part thereof are, is or can be impeached, in cumbered or
affected in title estate or otherwise howsoever.
IN WITNESS whereof the parties here to have hereunto set their hands and seals
the day and year first above written.
Signed, sealed and delivered by-
3. NOW the condition of this obligation is such that if the said borrower shall,
while employed in the said …………………………..…… office duly and regularly pay
or cause to be paid to President the amount of the aforesaid loan by installments, with
interest on the whole or such amount as shall from time to time remain owing on the first
day of each calendar month, the first payment to be made on the first day of the
……………… 201 , until the said amount of Rs. ……………… Together with interest
thereon shall be fully paid or until the house build with the said amount has been
mortgaged to the President until the Borrower has been confirmed in his service, then
this bond shall be void, otherwise the same shall be and remain in force. But if the
borrower shall die or become insolvent, or at any time cease to be in service of the
President, the whole or so much of the said principal sum of Rs…………………as shall
then remain unpaid, together with interest which shall have accrued due thereon, shall
immediately become due and payable to the President and may be recoverable form the
Sureties in one installment or as may be directed by the President by virtue of this bond.
Signed by Sureties:
i) Signature: _____________
Place: ________________
Place: ________________