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SCHEDULES

SCHEDULE KS

Form No. 3S Discharge of a Bond and Disposition in Security

I, A.B. (design creditor), in consideration of the sum of (insert sum) paid to me by C.D. (designation), hereby discharge a bond and disposition in security for the sum of (insert sum) granted by the said C.D. [or by E.F. (design original debtor)] in my favour [or in favour of G.H. (design original creditor)] dated (insert date) and recorded in [specify Register of Sasines and date of recording; adding, if necessary,but only to the extent of (insert sum) of principal].

[F1Testing clause+]

Textual Amendments

F1Words in Sch. K Form No. 3 substituted (1.8.1995) by 1995 c. 7, ss. 14(1), 15(2), Sch. 4 para. 34(a) (with ss. 9(3)(5)(7), 13, 14(3))