Length, drafting and order of the clauses of the deed of hypothec can vary widely depending upon the financial institutions. Yet, all the deeds of hypothec or of hypothecary loan contain essentially the same clauses.
The clauses that we will find there are the following: the amount, the interest rate, the description, the declarations of the borrower, the additional hypothec, the hypothec on rents, the municipal and school taxes, the reserve for taxes, the maintenance of immovable property, the events of default, the declaration of civil status and of matrimonial regime.
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