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This memorandum outlines the deposit of title deeds by the executants in favor of the State Bank of India to create an equitable mortgage for securing repayment of loans. The document details the parties involved, the property descriptions, and the intention to secure all amounts owed to the claimant. It includes schedules listing the title documents and immovable properties related to the mortgage.

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0% found this document useful (0 votes)
22 views1 page

Mod

This memorandum outlines the deposit of title deeds by the executants in favor of the State Bank of India to create an equitable mortgage for securing repayment of loans. The document details the parties involved, the property descriptions, and the intention to secure all amounts owed to the claimant. It includes schedules listing the title documents and immovable properties related to the mortgage.

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cwjsfn7cp7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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MEMORNDUM RELATING ~O DEPOSIT OF TITLE DEEDS

.
This Memorandum executed on this ....................... :·........... day of ....................... 20 ............... Sri/Smt. , ............... , .. , ......... ,.............
residing at.. ......................................._.............................. . 8nd Srl/Smt. .............. ........................... ... S/o. / D/o. W/o. residing at
......................................................................................... represented by his/her/their POWER OF ATTORNEY
sri/Smt. ...................................... .... .................. ...... S/o. / D/o. / W/o. residing at ....................................................................
vlde GPOA dated .............~~................. regl_stered as d·ocument no. ............................ at SRO ·..................................................
(hereinafter called the executant's) which term shall Include his/her/their respectlve heirs, executors, legal representatives and
administrators or Successors and ~sslgns or each of the partners from time to time and their respective heirs. executors. legal
• r~presentatives, administrators ·and assigns under (as the case may be) in favour of State Bank of India constituted under State
Bank of India Act, 1955 having orie of its Local Head Office at Chennal and carrying on business In banking among other places
at Retail Assets Central Processing Centre (RACPC) Ofy1R, Rajiv Ganthl Salai, Perungudi, Chennal 600 096 (hereinafter called as

'Claimant' which expression shall include Its successors and assigns).

The executants has (have already deposited on ............................................ the documents of title mentioned in the Schedule - I
hereunder relating to his / her/ their property/ propertie.s described In Schedule - II (hereinafter referred to as the "Schedule Property)
with the claimant with Intend to thereby to create an equitable mortgage in favour of the claimant by way of deposit of title deeds of
the property for the propose of securing repayment to the claimant of all the amounts owing to .the claimant under advances made and
' I • • •

continued to be enjoyed and·/ or to be made froin time to time to the executants by the claimants by way of loan / not exceeding
Rs ................................./- (Rupees ........................................................:................................................................... only) together with
interest, costs, charges, thereon and also to secure all other Indebtedness of the executants to the claimants. No charge created on

this property. ·
PART -1
THE SCHEDULE .. I REFERRED TO HEREIN ABOVE
(LIST OF DOCUMENTS OF THE TITLE)
Original Sale Deed dated _ _ _ _ __..,;._ _ _ executed by Sri / Smt _ _ _ _ _ _ _ _ _ S/o D/o W/o of

- - - - - - - in favour of Sri / Smt_ _ _ _ _ _ _ _ _ S/o 0/o W/o. of


represented by his/her/their POA Srl/Smt. - - - - - - - - - - - registered as DOC- -------
No. ------
PART -11
THE
.
SCHEDULE -1 REFERRED TO HEREIN ABOVE .
(Description of 1mmovabie properties schedule)

Witnesses

Mortgagors

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