A Mortgage Deed is a legal document through which a borrower (mortgagor) pledges their property as security to a lender (mortgagee) for a loan. It ensures the lender’s right to recover the loan amount by selling the property if the borrower defaults.

• Purpose: To secure a loan by using property as collateral.
• Parties: Borrower (property owner) and lender (bank, financial institution, or individual).
• Key Details: Loan amount, repayment terms, interest rate, rights of lender on default, and property details.