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    noor

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    ravisaini9639230

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    noor

    Uploaded by

    ravisaini9639230
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    2 views5 pages

    noor

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    of 5

    (1)

    MORTGAGE DEEDS
    Without Possession deed

    This, Agreement, made, at, Khekra, this, date 09/04/2024, between. Mr.
    NOORDIN KHAN S/O NIJAMUDIN aged about 44 years R/O PREM PURI
    LINE PAAR KHEKRA,TEHSIL-KHEKRA, BAGHPAT U.P. 250101. Here in
    after referred as "THE FIRST PARTY/OWNER" (which expression shall
    unless it be repugnant to the context or meaning there of be deemed to
    include his/her/their heirs, executors, administrators and assigns), and
    FINOVA CAPITAL PVT. LTD., incorporated under the Laws of India and
    having its registered office at Office No. 702, Seventh Floor, Unique Aspire,
    Plot No. 13- 14, Cosmo Colony, Amrapali, Marg, Vaishali, Nagar, Jaipur,
    302021, Rajasthan, through its, authorized, Person, Shri., Mohit Sharma
    S/o. Uma Shankar R/O jai, shree enclave colony Banthla Loni Ghaziabad
    201102. here in after, referred, as "SECOND, PARTY/THE FINANCIAL
    INSTITUTION" (which expression shall unless it be repugnant to the context
    or meaning there of be deemed to include his/her/their heirs, executors,
    administrators and assigns).

    The Sale Deed dated 15.11.2019 executed by Mr.Latif S/O Samser in favour
    of Mr.Noorrdin Khan s/o Nijamudin respect of House area measuring 60.20
    sq. mtr. as Book no.1, Volume no.2279, Page no.253 to 278, Serial no. 3496
    on dated 15.11.2019.

    Whereas First Party/Owner, Seized And Possessed of The Property Area


    65.83 YARD / 60.20 SQ MTR. 197.50 Sq.ft. Khasra No. 348 Village –
    RATAUL BAGHPAT U.P 250101. Same was Registered as Book no.1,
    Volume no.2279, Page no.253 to 278, Serial no. 3496 on dated
    15.11.2019.
    (2)

    Four Boundaries and Dimensions are as under:


    Boundaries Dimensions
    East:- Prop Janu 18’
    West:- Rasta 6 foot 18”
    North:- House Haji Ali 36”
    South:- Prop Shahnawaj 36”

    Land Type – Residential


    Mortgagor Acquired the Same (Here in after Referred as the Said Property) and
    More Particularly Described in the First Schedule Hereunder Written.

    AND WHEREAS the financial institution at the request of the first party/owner has
    sanctioned and granted credit facility to the first party/owner against the Equitable
    Mortgage by deposit of original title deeds of his immovable property.

    AND WHEREAS first party/owner with intent to create a security by way of


    Equitable Mortgage by deposit of original title deeds of the said property with the
    financial institution, the first party/owner has agreed to do upon having the
    repayment thereof with interest thereon in the manner agreed to pay and
    between the parties hereto as also on terms and conditions mentioned in the
    loan documents executed by the first party/owner in favour of the financial
    institution.

    AND WHEREAS the first party/owner have deposited the title deeds of the
    said property with the financial institution at its Branch Office at Jaipur,
    (particularly described in the SECOND SCHEDULE), with intent that the
    same will be equitably charged as security with the financial institution
    against the credit facility (more fully described in the Third Schedule) granted
    to the first party/owner by the financial institution with interest, expenses
    thereon at the request of the first party/owner. Further it was stated that the
    physical possession of the property has not been given to the financial
    institution.
    (3)

    AND WHEREAS the first party/owner have agreed to record the oral
    completed transaction of equitable mortgage by deposit of title deeds and
    documents more particularly described in the SECOND SCHEDULE
    belonging to the first party/owner.
    NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

    1. The first party/owner declare and record that the original title deeds,
    documents and writings comprised in the Second Schedule with respect
    to the said property, were deposited by the first party/owner with
    authorized person/ Manager Legal of FINOVA CAPITAL PVT. LTD. at
    their Jaipur branch, as a security against the loan/credit facility granted
    by the financial institution to the first party/owner with interest thereon
    and for all costs, charges and expenses incurred by the financial
    institution in connection therewith.

    2. The first party/owner further declare and record that the title deeds and
    documents and writings comprising in the Second Schedule relating to
    the said property, accepted by authorized person/ Manager Legal of
    FINOVA CAPITAL PVT. LTD. at their Jaipur branch, are the only
    documents of title of the said property with the first party/owner and are
    not previously deposited with any person/financial institution, whatsoever
    and/or the copies thereon by the first party/owner.
    IN WITNESS whereof the first party/owner and the financial
    institution haveexecuted this Agreement in the terms and conditions
    mentioned above.
    (4)

    (THE FIRST PARTY/OWNER)

    (Authorized Signatory Legal "Finova Capital Pvt. Ltd. ", Branch Jaipur)

    The First Schedule above referred to


    Free hold Residential House area measuring 60.20 sq. mtr. Situated at .
    Prem Puri, Line Paar, Khekra,Tehsil- Khekra,Distt – Baghpat, U.P 250101.

    Bounded as follows:-

    Boundaries Dimensions
    East:- Prop Janu 18’
    West:- Rasta 6 foot 18”
    North:- House Haji Ali 36”
    South:- Prop Shahnawaj 36”

    The Second Schedule above referred to

    List of documents of immovable Property Residential House area


    measuring 60.20 sq. mtr. Situated at - Prem Puri, Line Paar, Khekra,
    Tehsil – Khekra, Distt – Baghpat, U.P 250101
    (5)

    The Third Schedule above referred to

    Loan Amount of Rs. 4,50,000/- (FOUR LAKH FIFTY THOUSAND ONLY)


    together with interest there on and all costs, charges and expenses payable
    from time to time.

    WITNESS:
    1.

    2.

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