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Foreclosure or Sale

( Title)

A.B., the above-named plaintiff, states as follows:-

1.      The plaintiff is mortgagee of lands belonging to the defendant.

2.      The following are the particulars of the mortgage:-

a.      (date);

b.     (names of mortgagor and mortgagee);

c.      (sum secured)

d.     (rate of interest)

e.      (property subject to mortgage);

f.      (amount now due);

g.     (if the plaintiff's title is derivative, state shortly the transfers or devolution under which he claims).

(If the plaintiff is mortgage in possession, add)



3.      The plaintiff took possession of the mortgage property on the....... day of ...............and is ready to account as mortgagee in possession from that time.

[ As in paras.4 and 5 of Form No.1.]



6.      The plaintiff claims-

1.      payment, or in default [ sale or ] foreclosure [ and possession];

[ Where Order 34, rule 5, applies.]

2.      in case the proceeds of the sale are found to be insufficient to pay the amount due to the plaintiff, then that liberty to reserved to the plaintiff to apply for a decree for the balance.

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