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Monday, 13 January 2020

Deed of Guarantee Sample

Sample of Deed of Guarantee



DEED  OF  GUARANTEE


By THIS DEED dated the …………. day of …., 20... A AND B of P.O. Box ………….(hereinafter called “the Guarantor”) HEREBY firmly binds himself to XYZ BANK (hereinafter called “the Lender”) as hereunder:

IN CONSIDERATION of the Lender granting to C AND D of P.O. Box ……………(hereinafter called “the Borrower”) a loan facility of an unspecified amount to be repaid within the time limit more specifically specified in the Loan Agreement between the Lender and the Borrower, the Guarantor HEREBY MORTGAGES his property comprised in ALL THAT piece or parcel of land known as Plot No…….Block……….. for the Lender to hold the said property as security for repayment of the said loan.



IN WITNESS WHEREOF the Guarantor has set his hand hereunto and signed these presents the day, month and year hereinafter appearing.

SIGNED and DELIVERED by the said       )
A AND B who is known to                              )
me personally/identified to me by …………. )
…………………………………………………… )        _____________________
the latter being known to me personally in )       
my presence this ……………….. day of   )
……..………………………, 20..                         )

Signature: ……………….……….……..………

Postal Address: ………………...….….....….…

                           ..…………………….…………

Qualification: COMMISSIONER  FOR  OATHS

See also: Mortgage Deed sample
                Bond for the payment of money
                Agreement for settlement of Dept

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