Shaik Ismail Sa 2409

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MEMORANDUM RELATING TO DEPOSIT OF TITLE DEEDS


(Equitable Mortgage)
THIS MEMORANDUM executed at __________ on this day of ____ of _______
(September) of 2024
BY
SHAIK ISMAIL, S/O.NAGUR R/o. Door No. 12-796, Maddi Nagar, 3 rd
Line, H/o. Purushotha Patnam Chilakaluripeta, Guntur, Umar Machine
Road, Guntur – 522 616.

(Hereinafter collectively called the MORTGAGOR, which term shall


include his heirs, executors, legal representatives and administrators (or)
successors and assigns etc, as the case may be) Contact No.: ___________.
IN FAVOUR OF
HIRANANDANI FINANCIAL SERVICES PRIVATE LIMITED, a
company incorporated within the meaning of the Companies Act, 2013
having its registered office at 514, Dalamal Towers, 211, FPJ Marg,
Nariman Point, Mumbai-400021 and having branch office amongst
others at Door No.6-10-50, Kanigalpula’s Complex, 10/3 lane,
Arundelpet, Guntur-522002, (herein after called as
HFS/MORTGAGEE/CLAIMANT which expression include its successors
and assigns etc.)

The HFS has sanctioned /disbursed loan facilities of a sum of


Rs.29,53,024/- (Rupees Twenty Nine Lakh Fifty Three Thousand and
Twenty Four Only) to the Borrower(s)/Co-Borrower(s)(more particularly
mentioned in Schedule-I herein) and to secure the said loan the
borrowers have deposited on ___.___.2024 (date of deposit of title deeds)
the documents fully mentioned in the Schedule-II hereunder relating to
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their immoveable property described in Schedule-III (herein after


referred to as the “schedule property“) with the HFS with an intent
to thereby to create an equitable mortgage in favour of the HFS by the
way of deposit of title deeds of the property for the purpose securing
repayment to the HFS of the all the amounts owing to the HFS under
loan facilities/ advances made and continued to be enjoyed and /or to be
made from time to time to the Mortgagors by the HFS by way of loan
facilities of Rs.29,53,024/- (Rupees Twenty Nine Lakh Fifty Three
Thousand and Twenty Four Only) together with interest, cost, charges,
there on under Section 58(f) of the Transfer of Property Act, 1882 and also
to secure all other indebtedness of the executants to the claimant that
may arise in the future.

The Mortgagor(s) further stated that the Title Deeds so deposited


the Schedule-II hereunder are the only documents of title relating to the
scheduled properties in the possession, power and control of the
Mortgagor and that the Mortgagor had a free, clear and marketable title to
the said schedule Property and said scheduled property is not subject to
any lispendens, attachment or other process issued by any Court or
Tribunal or Authority.

This Memorandum including Schedules attached hereto and all cross


references referred to herein, shall be deemed to be part of the
Mortgage Loan Agreement and all the terms & conditions contained
therein shall constitute a part and parcel of this Memorandum.

SCHEDULE-I
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Sr.No Name of the Borrower(s) /Co- Address


. Borrower(s)
1. Mr. Shaik Ismail R/o. Door No. 12-796, Maddi
Nagar, 3rd Line, H/o.
Purushotha Patnam
Chilakaluripeta, Guntur, Umar
Machine Road, Guntur – 522
616.
2. Mrs. Shaik Waheeda R/o. Door No. 12-796, Maddi
Nagar, 3rd Line, H/o.
Purushotha Patnam
Chilakaluripeta, Guntur, Umar
Machine Road, Guntur – 522
616.
Schedule-II
(Description of the Documents)
Sr. Date Particulars of Document Original/
No. Copy

1. 06.12.2016 Regd.Settlement Deed bearing Original


Doct.No.7905/2016, dt.06.12.2016,
executed by 1.Shaik Nagur, S/o.Silar Bude,
2.Shaik Raheem, 3.Shaik Abdul Kareem,
sons of Shaik Nagur, in favour of Shaik
Ismail, S/o.Nagur
Schedule- III
(Description of the Mortgaged Property)
SCHEDULE
SCHEDULE OF THE PROPERTY COVERED UNDER SETTLEMENT
DEED BEARING DOCT.NO.7905/2016, DT.06.12.2016

Palnadu District, Narasaraopet Reg-District, Chilakaluripet Sub-District,


Chilakaluripet Municipal Block No.12, Pasumarru Village, D.No.744/2C,
Chilakaluripet Municipality, Asst.No.1020003786, Chilakaluripet
Municipality, Door No.12-796, of covering in an extent of 129.6 sq.yds., of
R.C.C.Roof Residential Building is being bounded by;

East : Municipal Bazaar, 29.2 ft;


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South : House belongs to Syed Shaleha, 40 ft;

West : House of Syed Meera Saheb some extent, House of Shaik Saida
some extent, 29.2 ft;

North : House belongs to Shaik Raheem, 40 ft;

Within these boundaries covering in an extent of 129.6 sq.yds., (or)


108.34 sq.mts., of R.C.C.Roof Residential Building with all existing
constructions thereupon.

In Witness whereof the Depositor has set his hands and put his signature
on the day of September 2024.

PHOTOGRAPHS AND FINGER PRINTS AS PER SECTION 32(A) OF


REGISTRATOIN ACT, 1908

Finger Print in Black Passport size Name & Permanent Postal


ink Photograph Address of Presentant/
(Left Thumb) (Black & White) Seller/Buyer
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Signatures of the Witnesses Signature of Executant

1.

2.
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PHOTOGRAPHS AND FINGER PRINTS AS PER SECTION 32(A) OF


REGISTRATOIN ACT,1908

Finger Print in Black Passport size Name & Permanent Postal


ink Photograph Address of Witnesses
(Left Thumb) (Black & White)

Signatures of the Witnesses Signature of Executants


1.

2.

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