Mortgage Assignment Agreement Template for India

1. Security Provisions: Required when the assignment is by way of security rather than absolute assignment

2. Multiple Properties Clause: Needed when the mortgage covers multiple properties

3. Severability: Optional clause allowing rest of agreement to remain valid if some provisions are found invalid

4. Power of Attorney: Optional clause granting power to Assignee to deal with mortgage-related matters

5. Further Assurance: Optional clause requiring parties to execute additional documents if needed

6. Notice Requirements: Detailed notice provisions if complex notification requirements exist

7. Default and Remedies: Required when specific default scenarios and remedies need to be addressed

1. Schedule 1 - Property Details: Detailed description of the mortgaged property including address, boundaries, and registration details

2. Schedule 2 - Original Mortgage: Details of the original mortgage including date, parties, amount, and registration particulars

3. Schedule 3 - Outstanding Amount: Statement of the current outstanding mortgage amount and payment terms

4. Schedule 4 - Related Documents: List of all related documents being transferred with the mortgage

5. Schedule 5 - Completion Requirements: Checklist of actions required to complete the assignment

6. Appendix A - Form of Notice: Template notice to be sent to the Mortgagor informing of the assignment

7. Appendix B - Registration Requirements: List of documents required for registration of the assignment