Special Notarial Bond Promissory Note.docx

About this template:

Use this template to create a Special Notarial Bond. This is a mortgage which is created over tangible movable property of a borrower as security for a debt or other obligation. It must also meet the requirements in the Security by Means of Movable Property Act 1993 and is registered under the Deeds Registries Act 1937.

Excerpt:

The hypothec hereby constituted secures the performance by the Grantor of all its Obligations direct and indirect absolute and contingent presently due and hereafter to become due to the Creditor as such Obligations may be amended extended or renewed at any time and from time to time. Without in any way limiting the generality of the foregoing the hypothec secures the payment by the Grantor to the Creditor of the Balance of Price and any and all interest accrued thereon and thereunder from time to time the whole as provided for in the Note.

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