pakistan
01-21-2009, 10:52 AM
Charge Clause in Agreement
After providing for an agreement to pay money in the appropriate deed relating to any transaction, add the following clause:
The . . . . . . . . . hereby declares that the property described in the Schedule hereto shall henceforth be a security for and be charged with the payment of the said sum (annuity) of Rs . . . . . . . . . hereinbefore agreed to be paid.
or
To secure the payment of the money (annuity) hereinbefore agreed to be paid, the . . . . . . . . . hereby charges the land described in the Schedule hereto.
After providing for an agreement to pay money in the appropriate deed relating to any transaction, add the following clause:
The . . . . . . . . . hereby declares that the property described in the Schedule hereto shall henceforth be a security for and be charged with the payment of the said sum (annuity) of Rs . . . . . . . . . hereinbefore agreed to be paid.
or
To secure the payment of the money (annuity) hereinbefore agreed to be paid, the . . . . . . . . . hereby charges the land described in the Schedule hereto.