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    Memorandumofdepositoftitledeeds: 18 Day of November 2023

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    Hema Latha
    (1) Mr. J. Devadoss and others (borrowers) deposited title deeds of their property located in Peerkankaranai, Chennai with Bank of India (mortgagee) to secure a project loan of Rs. 82.5 lakhs. (2) The title deeds relate to 1,500 square feet plot and building located in Survey No. 82/3 with door no. 4, plot no. 14 in Rajkamal Street, Peerkankaranai. (3) The deposit creates an equitable mortgage over the property in favor of the bank for repayment of the loan and any other amounts that may be due from the borrowers to the bank.

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    Memorandumofdepositoftitledeeds: 18 Day of November 2023

    Uploaded by

    Hema Latha
    9 views5 pages
    (1) Mr. J. Devadoss and others (borrowers) deposited title deeds of their property located in Peerkankaranai, Chennai with Bank of India (mortgagee) to secure a project loan of Rs. 82.5 lakhs. (2) The title deeds relate to 1,500 square feet plot and building located in Survey No. 82/3 with door no. 4, plot no. 14 in Rajkamal Street, Peerkankaranai. (3) The deposit creates an equitable mortgage over the property in favor of the bank for repayment of the loan and any other amounts that may be due from the borrowers to the bank.

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    (1) Mr. J. Devadoss and others (borrowers) deposited title deeds of their property located in Peerkankaranai, Chennai with Bank of India (mortgagee) to secure a project loan of Rs. 82.5 lakhs. (2) The title deeds relate to 1,500 square feet plot and building located in Survey No. 82/3 with door no. 4, plot no. 14 in Rajkamal Street, Peerkankaranai. (3) The deposit creates an equitable mortgage over the property in favor of the bank for repayment of the loan and any other amounts that may be due from the borrowers to the bank.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    9 views5 pages

    Memorandumofdepositoftitledeeds: 18 Day of November 2023

    Uploaded by

    Hema Latha
    (1) Mr. J. Devadoss and others (borrowers) deposited title deeds of their property located in Peerkankaranai, Chennai with Bank of India (mortgagee) to secure a project loan of Rs. 82.5 lakhs. (2) The title deeds relate to 1,500 square feet plot and building located in Survey No. 82/3 with door no. 4, plot no. 14 in Rajkamal Street, Peerkankaranai. (3) The deposit creates an equitable mortgage over the property in favor of the bank for repayment of the loan and any other amounts that may be due from the borrowers to the bank.

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    MEMORANDUMOFDEPOSITOFTITLEDEEDS

    THIS MEMORANDUM OF DEPOSIT OF TITLE DEEDS EXECUTED AT TAMBARAM

    JOINT I ON THIS THE 18th day of November 2023, by

    (1)Mr. J.DEVADOSS(Aadhaar No. 609607444227 and PAN : AGMPD8061A) son of Mr.

    Joshua, aged about 76 years, (2) Mr. D. ALBERT SAMUELRAJ (Aadhaar No.

    870082048960 and PAN : AQAPA3967C) son of Mr. J. Devadoss, aged about 51 years,

    (3) Mr. A. GODWIN JOSHUA (Aadhaar No. 763930646783 and

    PAN : DOCPG8977M), son of Mr. D. Albert Samuelraj, aged about

    24 years, (4) Mr. A. SAMSAN JOSHUA (Aadhaar No. 900062527522 and

    PAN : FLQPR8319B), son of Mr. D. Albert Samuelraj, aged about

    22 years, (5) Mr. D. ISAC JOHNSON (Aadhaar No. 987646208034 and

    PAN : AEKPI3492J) son of Mr. J. Devadoss, aged about 54 years and

    (6) Mr. I. PRAVIN EMMANUVEL (Aadhaar No. 967045547659 and

    PAN : AGTPI2272D) son of Mr. D. Isac Johnson, aged about 29 years, all are residing at

    Old No. 4, New No. 5, Rajkamal Street, Srinivasa Nagar, Peerkankaranai, Chennai

    600063, represented by their general power of attorney agent Mr. P. BOOMINATHAN

    (Aadhar card No. 973481757147 and

    PAN : AFLPB9137M) son of late Mr. M. Periyasamy, aged about 56 years, residing at No.

    1, VOC Street, New Perungalathur, Chennai 600063 (General power of attorney

    document No. 6124/2023, Book 1, dated 31st day of July 2023, in the office of the

    Sub-RegistrarTambaramJointI), hereinafter called the “ BORROWERS/MORTGAGORS”


    which expression shall where ever the context permits mean and include their legal

    heirs,legalrepresentatives,executors,administratorsand assigns.

    Classification: Inter nal


    //2//

    TOANDINFAVOUROF

    BANK OF INDIA, a body corporate constituted under Banking Companies


    (Acquisition and Transfer of Undertakings) Act 1970, having its Registered Head Office

    at Star House, Plot No. C-5, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400

    051, and a Branch among other places at S.No.90/12, Door No.10, Kalaignar Street, New

    Perungalathur, Chennai-600063, hereinafter called as “ The BANK / MORTGAGEE” which

    expression shall unless excluded by or repugnant to the context be deemed to include

    itssuccessors and assigns.

    WHEREAS on the request of the BORROWERS,the BANK has sanctioned a Project

    Finance Loan of Rs. 82,50,000/- (Rupees eighty two lakhs and fifty thousand only), on

    condition that repayment of the said sum and further advance which may be made by

    the BANK, including interest, bank charges and other cost etc., shall be secured by

    Equitablemortgage by way of Depositof TitleDeeds,of theBorrowers’ properties.

    NOW,THESEPRESENTSWITNESSASFOLLOWS:-

    That in pursuance of the foregoing,the Borrowers (1) Mr. J. Devadoss,(2) Mr. D.

    Albert Samuelraj, (3) Mr. A. Godwin Joshua, (4) Mr. A. Samsan Joshua, (5) Mr. D. Isac

    Johnson and (6) Mr. I. Pravin Emmanuvel, represented by theirgeneral powerof attorney

    agent Mr. P. BOOMINATHANhereby confirm having DEPOSITED WITH THE BANK AT ITS

    BRANCH AT PERUNGALATHUR on 17.11.2023,thedocuments of title listed in schedule

    - A hereto relating to the

    Classification: Inter nal


    //3//

    Properties of the Borrowers described in Schedule - B hereto, with

    intention that the same shall remain and be charged by way of

    Equitable Mortgage by Deposit of Title Deeds for repayment to the Bank of the principal

    sum of Rs. 82,50,000/- (Rupees eighty two lakhs and fifty thousand only), and the

    ultimate balance that may remain due and outstanding in the accounts of the Borrowers

    with the Bank including Principal and interest thereon at the rate stipulated by the Bank,

    from timetotime Bankcharges in accordancewith thepractices and usages of the Bank,

    costof realization of thesecurity and all other expenses incidentalthereto.

    SCHEDULE– A

    (ListofDocumentsDeposited)

    SL.NO DATEOFDOC DESCRIPTIONOFDOC ORIGINAL/


    CERTIFIED/PHOTOC
    OPY
    1 31.7.2023 Power of attorney document Original
    No. 6124/2023 atSRO TambaramJoint I

    2 27.1.1997 Sale Deed registered as Document Original


    No. 234/1997 at SRO Tambaram
    3 7.7.2011 Settlement deed registered as Document Original
    No. 3364/2011
    4 7.7.2011 Settlement deed registered as Document Original
    No. 3365/2011
    5. Building Plan Original
    6. EncumbranceCertificate PhotoCopy

    Classification: Inter nal


    //4//

    SCHEDULE-B
    (DescriptionoftheSaidland)

    All that piece and parcel of house site with building, bearing

    PlotNo. 14,measuring an extent 1,500squarefeet, together with R.C.C. terraced building,

    including all its amenities, electricity service connection and bore-well, comprised in

    Survey No. 82/3, PattaNos.9640and9331as per patta sub-division SurveyNo.82/36Aand

    82/36B, in 'Rajkamal Street’ , situated at Peerkankaranai Village, Tambaram Taluk,

    Chengalpattu District.

    BOUNDEDONTHE NORTHBY : Property belongs to


    Mr. Kothandaraman,

    SOUTHBY : Property belongs to Ramani


    and RajkamalStreet,

    EASTBY : 30 feet Road (Rajkamal Street),

    WESTBY : Property belongs to


    Mrs. PadmavathyAmmal.

    MEASURINGONTHE NORTHBY : 37’ 9” ,

    SOUTHBY : 40’ 3” ,

    EASTBY : 43’ 0” ,

    ANDWESTBY : 33’ 9” .

    The above property is situated within the Registration District of Tambaram and

    Registration Sub-Districtof TambaramJointI.

    Property address: Door No. 4,Plot No. 14,


    Rajkamal Street,Peerkankaranai,
    Chennai600063.

    Classification: Inter nal


    //5//

    Property taxassessmentNo. 4231.

    Electricity service connection Nos. 253 -607 -172 and


    253 -607 -283.

    IN WITNESS WHEREOF THE BORROWERS/MORTGAGORS POWER AGENT HAVE SET

    THEIR HANDS AND SIGNED THIS MEMORANDUM ON THE DAY, MONTH AND YEAR

    FIRSTABOVEWRITTEN IN THEPRESENCEOF;

    BORROWERS/MORTGAGORS (POWER AGENT)


    WITNESSES:
    1.

    D. HEMALATHA W/o. Karthikeyan,


    age : 42 years, Aadhaar No. 750472698094,
    No. 1, Prince Homes, F2, First Floor, Vivek Nagar 1st Cross Street,
    New Perungalathur, Chennai 600063.

    2.

    S. JAYAKUMAR S/o. Solai,


    age : 41 years, Aadhaar No. 294615591459,
    No. 3/2, Muthirulandi Street, New Perungalathur, Chennai 600063.

    Classification: Inter nal

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