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    1) Mrs. Mylavarapu Shirisha deposited the title deeds of her property with the Tamilnad Mercantile Bank as collateral security for a loan of Rs. 20,00,000 taken by her husband Mr. Mylavarapu Dayakar for his business. 2) The property is a plot of land measuring 78.59 square yards and a building with ground floor area of 736 square feet and first floor area of 736 square feet located in Danthalapalli village, Suryapet. 3) Schedules A and B of the memorandum provide details of the title deeds deposited and description of the property respectively.

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    1) Mrs. Mylavarapu Shirisha deposited the title deeds of her property with the Tamilnad Mercantile Bank as collateral security for a loan of Rs. 20,00,000 taken by her husband Mr. Mylavarapu Dayakar for his business. 2) The property is a plot of land measuring 78.59 square yards and a building with ground floor area of 736 square feet and first floor area of 736 square feet located in Danthalapalli village, Suryapet. 3) Schedules A and B of the memorandum provide details of the title deeds deposited and description of the property respectively.

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    1) Mrs. Mylavarapu Shirisha deposited the title deeds of her property with the Tamilnad Mercantile Bank as collateral security for a loan of Rs. 20,00,000 taken by her husband Mr. Mylavarapu Dayakar for his business. 2) The property is a plot of land measuring 78.59 square yards and a building with ground floor area of 736 square feet and first floor area of 736 square feet located in Danthalapalli village, Suryapet. 3) Schedules A and B of the memorandum provide details of the title deeds deposited and description of the property respectively.

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

    Motd tmb2

    Uploaded by

    sreenivas_miryala
    1) Mrs. Mylavarapu Shirisha deposited the title deeds of her property with the Tamilnad Mercantile Bank as collateral security for a loan of Rs. 20,00,000 taken by her husband Mr. Mylavarapu Dayakar for his business. 2) The property is a plot of land measuring 78.59 square yards and a building with ground floor area of 736 square feet and first floor area of 736 square feet located in Danthalapalli village, Suryapet. 3) Schedules A and B of the memorandum provide details of the title deeds deposited and description of the property respectively.

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    © All Rights Reserved
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    of 5

    MEMORANDUM RELATING TO DEPOSIT OF TITLE DEEDS

    This Agreement of deposit of title deeds executed at Suryapet on this 25th day of
    November, 2022 by:

    Property Owner Name & Address:

    Mrs. Mylavarapu Shirisha,


    W/o. Mylavarapu Dayakar,
    Age – 39 Years
    H.No. 1-1-487, Nehru Nagar, 33 Ward,
    Suryapet – 508 213,
    Suryapet Dist.,
    Telangana.
    Aadhar No. 8038 2208 3841

    Here-in-after called “The Depositors”, which term shall whenever the context mean and
    include their heirs, executors, administrators, legal representatives, successors and
    assigns. In favour of the TAMILNAD MERCANTILE BANK LTD., TAN:HYDT05916B,
    Manager: Paluru Surendra, S/o. P Aadaiah., a Company Registered under Companies
    Act and having its Registered Office at Thoothukudi, Tamilnadu and having one of its
    branch office functioning at Door No: 1-5-136 to 139, Ground floor, Poola Center, Alankar
    Road, Suryapet – 508 213, Telangana, hereinafter called Bank which term shall wherever
    the context admits, means and includes their heirs, executors, administrators, legal
    representatives and assigns of the other part.
    .. 2 ..

    Whereas Mr. Mylavarapu Dayakar S/o. M. Shobanadri, Prop : M/s. Sri Saimani
    Travelling Bags, D.No. 0-00, M G Road, Beside ICICI Bank, Suryapet – 508 213 /
    depositor have been sanctioned with Term Loan limit of Rs. 20,00,000.00 for the purpose of
    working capital.

    Whereas Mr. Mylavarapu Dayakar S/o. M. Shobanadri, Prop : M/s. Sri Saimani
    Travelling Bags, D.No. 0-00, M G Road, Beside ICICI Bank, Suryapet – 508 213 /
    depositor have agreed that the repayment of the said loan of Rs. 20,00,000.00 shall be
    secured by deposit of title deeds belonging to Mrs. Mylavarapu Shirisha W/o. Mylavarapu
    Dayakar, H.No. 1-1-487, Nehru Nagar, 33 Ward, Suryapet – 508 213 , Telangana as
    Collateral Security.

    Now this Memorandum relating to Deposit of Title Deeds witnesseth that in consideration of
    the sum of Rs. 20,00,000.00 received / agreed to be received by Mr. Mylavarapu Dayakar
    S/o. M. Shobanadri, Prop : M/s. Sri Saimani Travelling Bags, D.No. 0-00, M G Road,
    Beside ICICI Bank, Suryapet – 508 213, Telangana, depositor from the Bank and as
    security for the repayment of the said sum Rs.20,00,000.00 together with interest and other
    monies that may become due and payable, the depositor/borrowers have deposited with the
    Bank at its Suryapet Branch on 25.11.2022, the title deeds more fully described in Schedule
    A relating to his property more fully described in Schedule B hereunder as security with
    intention to create security interest by deposit of title deeds to secure the loan of
    Rs.20,00,000.00 due and owing by / depositor, including interest, penal interest,
    commitment charges, cost, and other monies that may become due and payable from time
    to time by Mr. Mylavarapu Dayakar S/o. M. Shobanadri, Prop : M/s. Sri Saimani
    Travelling Bags, D.No. 0-00, M G Road, Beside ICICI Bank, Suryapet – 508 213 /
    depositor to the Bank.
    .. 3 ..

    SCHEDULE A
    (List of Documents deposited)
    Whether
    Sl. Date of
    Particulars of the document Original/
    No. Document
    Certified copy
    1 12/11/2009 Regd. Sale Deed Doc. No. 8401/2009 Certified Copy
    2 25-11-2010 Regd. Sale Deed Doc. No. 10138/2010 Certified Copy
    3 31-10-2011 Regd. Sale Deed Doc. No. 9154/2011 Original
    4 21-03-2012 Regd. Sale Deed Doc. No. 2885/2012 Original
    5 02/03/2013 Building Permission Original
    MODTD in favour of APGVB, Kuda Kuda Road,
    6 28-03-2014 Original
    Suryapet
    7 23-08-2022 Regd. Release Deed Doc. No. 11976/2022 Original
    8 29-08-2022 Regd. Sale Deed Doc. No. 12200/2022 Original
    9 27-08-2022 Property Tax Receipt for 1043501519 Online Copy
    Application given by Mylavarapu Shirisha to
    10 09/11/2022 Original
    SHO, Suryapet Town PS
    Paper Publication in Mana Telangana Telugu
    11 10/11/2022 Original
    Daily News Paper
    EC Statement No. 109760789 from 22-10-1992
    12 21-10-2022 Original
    to 20-10-2022
    .. 4 ..

    SCHEDULE - B
    (Description of the property)

    Location,
    Survey no
    Sub-Division/
    Item Khatta no Extent of Area/s Land
    Sub-district/ Boundaries
    no House No /Building
    Village/
    Site no
    Municipality,etc
    1 Sy.No. 361 On Equitable Mortgage of Door No. 9-42 (New) North: Site of
    Land to the extent of 78.59 (Old D.No. 5-11), Teegala Srisailam
    D.No. 9-42 Reddy (Sy.No.365)
    (New), 5-11 sq.yds at Door No. 9-42 R.S.No. 361,
    (Old) (New) (Old D.No. 5-11), Danthalapalli South: House of
    R.S.No. 361, Danthalapalli Suryapet Road, Kuda Shaik Bipasha
    Suryapet Road, Kuda Kuda Kuda Revenue East: 100 Feet
    Revenue Village, Kuda Kuda Village, Kuda Kuda Danthalapally to
    Suryapet Road
    Road, Suryapet – 508 213, Road, Suryapet – 508
    Suryapet District and the 213 West: House of
    building constructed thereat to Bathula Bharathi
    the extent of G.F : 736.00
    Sq.ft., and F.F – 736.00 Sq.ft.,
    standing in the name of Mrs.
    Mylavarapu Shirisha W/o.
    Mylavarapu Dayakar

    IN WITNESS WHEREOF THE DEPOSITOR has subscribed his signature at Suryapet on


    the 25th day of November, 2022 and first above mentioned.

    Witness:
    1.

    DEPOSITOR/S
    2.

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