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MOD Document

This document is a Memorandum of Deposit of Title Deeds executed by M Kannan in favor of IndusInd Bank as security for a loan of Rs. 87,00,000. It outlines the properties being mortgaged and the terms of the loan agreement, including the borrower's obligations for repayment and the bank's rights. The document includes details of the properties, their registration, and the necessary legal declarations by the executant.

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anbanavanabishek
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0% found this document useful (0 votes)
186 views10 pages

MOD Document

This document is a Memorandum of Deposit of Title Deeds executed by M Kannan in favor of IndusInd Bank as security for a loan of Rs. 87,00,000. It outlines the properties being mortgaged and the terms of the loan agreement, including the borrower's obligations for repayment and the bank's rights. The document includes details of the properties, their registration, and the necessary legal declarations by the executant.

Uploaded by

anbanavanabishek
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

DEPOSIT OF TITLE DEEDS

This Memorandum of Deposit of Title Deeds exccuted at Madurai on this,


21th day of November, 2017
BY
M KANNAN (PAN: BBZPK7505B) S/o Murugesan aged about 47 ycars an
Indian inhabitant residing at 35A Munivandi Koil Street, Melur, Madural
625106 (hereinafter called the EXECUTANT which term shall wherever the
context mean and include his heirs, executors, administrators, lega
representatives, successors and assigns.)

IN FAVOUR OF
M/s. INDUSIND BANK LTD., a body corporate constituted under the
Companies Act 1956 carrying on business with its Registered Office at 2401,
General Thimmaiah Road (cantonment), Pune and branches among ou
PBuildng
places including the one at Tiruppur having its office at No 30, G
hereinafter referTed
Kamala 2nd street, Chinnachokikulam. Madurai 625002
unless excluded by or repugnait
to as "THE BANK" which expression shall
successors and assigns) and
to the context be deemed to include its

Muniyandi
request of Mr M Kannan residing at No 35-A,
Whereas on the
Madurai-625106 (hereinafter
referred to as the Borrower)
Koil, Street, Melur
Machinery Loan to the
sanctioned 3numbers Vehicle /
"THE BANK" has
(Rupees Eighty Seven
lakh Only) under loan
87,00,000/-
tune of Rs. TMMO0588D (3 loan
TMM00587D and
TMM00586D,
agreement No's. theas
said
(hereinafter referred
dated 21-11-2017
agreements)

Agreement's").

BBZPK7505B) under the above


Executant M Kannan (PAN:
Whereas the for the prompt
has guaranteed and agreed
herein
said loan Agreements agreed to secure the
said loan
amount and further
repayment of loan property mnore fully
deposit of title deeds of
his immovable
amount by way of
schedule hereunder.
described in the
M. Number:
Year:
Page Nunbt.o1
Tetal Pag*
THE SEA
Kn NOW THIS AGREEMENT OPF
TITLE
DEEDS

WITNESSETH RELATING TO DEPOSIT

Seven
That in consideration of the sum of Rs, 87,00,000/- (Rupces
Eighty
as a
LAkh Only) reccived loan and
by the borrowcr from the Bank by Way of (Rupccs
security for due repaymcnt of thec 87,00,000/-

said sum of Rs. fecs


and
Eighty Seven Lakh Only) charges,
along with applicable interest, have cxecutant

other monies thercon that the


payable,
in
may become due and described

deposited on this day with the Bank, the title decds morc fully
- Schedule

described in
Schedule -A (relating to the
B) with an intent
properties more fully of title deeds over the
to create mortgage by way of deposit the
loan
Secure

Schedule B property in favor of M/s IndusInd Bank to interest,


including

facility availed by the him under the said Agreement


due
and
become

penal interest, cost, charges and other monies that may


payable by the said borrower. absolute
owner

is the B
The Executant hereby declares and covvenants that he schedule

The
properties.
1.R
t schedule B
and he is well and truly seized of the e x e c u t a n t
from

the
mentioned 1st property was purchased by
1 5 / 0 3 / 2 0 1 0

dated
deed
registered sale of Sub-
Kaanjivanam 2. PParisith through a 1358/2010
on the
file
no: was
and the same was registered as document mentioned 2nd
property

schedule B registered

Registrar, Melur, Madurai and the through a


Kaanjivanam
no:
purchased by the executant from one R registered
as
document

was the
sale deed dated 15/09/2011 and the same Madurai and since
then

Melur,
5664/2011 on the file of Sub-Registrar, properties.

enjoyment of both the


executant is in absolute possession and
person,
coercion by any
will and without any Deeds over
the
The Executant out of his free of Title
deposit
by way of
hereby agree for creating mortgage
schedule B properties.
properties shal
that the said
covenants with the Bank
The Executant also
repayment of all loan dues,
the security towards the
be and remain as Borrower under said
the
that are payable by
Interest, charges, penalty etc.,
future loan(s), if any.
Agreement and also towards

Numbera/
Year:
Page Nurmb
Total Pages: W
to
The subjcct

any
Executant further 3
propcrtics
procccdings,
are
no Government
t

mortgage, lien, courtcovcnants that the said whatsocver.


The

notiications, charge or anyattachment, SARFEASI


cncumbrance for
NOC

Executant further
ínsist

other kind of will


not
and
such

unless and until declare and Covcnants that


he Agreement
borrower

said
all said

other additional the ducs payable under


the the penalty

by
/
are repaid by facilities, if any availed/to be !
availed

c h a r g e s

issucd
by
i n t e r c s t

them in full additional


are

together with
accounts

etc., and loan the


closure certificate in of all
respect
the Bank. and
e x e c u t e

to
cause
or in
and p r e s e n t

The Executant further r e g i s t e r

Bank, of
agree to execute, the c r e a t i o n

by and
register any/all documents that may bemortgage/charge
required
/lien
being
offered

future for more perfectly assuring the which


are
Bank
t o w a r d s

p r o p e r t i e s

the
security interest over the sche dule B in
of favor

deeds

under mortgage by way of deposit of title


Borrower.

the repayment of loan dues payable by the

SCHEDULE - A
DEPOSITED)

DOCUMENTS

no:
(LIST OF d o c u m e n t

as (10
reggistered
District

15/03/2017 and Madurai

1. Original Sale deed dated office,


Melur,

Register
1358/2010 with the Sub-

pages) document
no:
as
and
registered
District (9
15/09/2011 Madurai

2. Original Sale deed dated office,


Melur,
Register
the Sub-
5664//2011 with
pages)

Doctment
Nungor90)
Year:
Page Nurnber
olal Pages:
4

SCHEDULE -B'
(DESCRIPTION OF PROPERTIES)
Property l:
All the
piece and parcel of Registration District.
land situatcd within Madurai
Melur Sub Registration, Karuthapuliyanpatti Village, Puncha Re Survey No
196/4A, 18 cents at the prescnt Municipal mcasurcmcnt Ward E Block 4 T S
No 9/3, 0.0730. Squarc mcter and in Survey No 197/1B1, Re Survey No
on the
197/1B4 A Cents put
togetherra total cxtend of 18 % Cents
bounded

North by: Ayyavu Chettiyar


Nachai
South by: Purampugal Vaikkala
East by: Remaining land Mr.R.Kanchivanarm
West by: K.Meekanchi Land
The Kanuthapuliyanpatti Village, within Melur
MOperty is situated within measuring
mcipal Ward E Block No 4 s No 10/15. TS No 10/15,
0.0029.0 square meter.
Property 2: District,
Madurai Registration
piece and parcel of land siuated within
tne Survey No
Karuthapulivanpatti Village, Puncha Re
Melur Sub Registration, Ward E Block 4 T
present Municipal measurement
* T h 17 2 cents at
the

S No 9/4, 0.07O0.0 Sauare meter bounded on the


North by: Ayyavu Chettiyar Nachai
South by: Vaikkala
East by: Kandan Well
West by: Kannan Land (executant herein)
Karuthapuliyanpatti Village, within
Melur
The property is situated within
Municipal WardE Block

Ve o1?
Executant

Witnesses:
hbJCoestoe
Awpanad ma

8uyogakumar sls s. Sevara S),valluvar Soulh e

K.umGUoTIQLTT
LIST 6TLOB50
L. No -A373 / DGL/1984
EsT`(5GooTG -625106
CELL - 9443986820
Induslnd Bank

Date: 21-11-2017
Place: Madurai

To,
The Sub-registrar,
Sub- Registration office,
Melur,
Madurai Dt

Sub: Deposit of title deed by M Kannan

Sir,

documnent are deposited by


We hereby confirming that the following original
advanced to him
Mr.M Kannan towards vehicle/Machinery loans

and registered as document no:


I. Original Sale deed dated 15/03/2010
1358/2010 (10 pages)
registered as document no:
2. Original Sale deed dated 15/09/2011 and
5664/2011 (9 pages)

Thanking You

For Indisind Bank Ltd

Authorized Signatory

ChennaiOffice: Induslnd Bank Limited,Consumer Finance Division,Sekar Plaza, 3rd Floor, No.25,
Landmark (above Hotel Saravana Bhavan), Chennai -600 024, India. Tel. :044-4621 United India Colony, First Main Road, Kodambakkam,
6009,4621 6000 www.indusind.com
Corporate Office: 8th Floor, Tower 1, One Indiabulls Centre, 841, S.B. Marg,
Elphinstone Road, Mumbai - 400 013. 1ndia.
Regd. Office: 2401, Gen. Thimmayya Rd. (Cantonment), Pune -411 001. India.
Government of India Authority of india
Unique ldentification
Addres5
Kannan Murugesan S/O: Murugesan, 67B/21,
(IpUs, GoGc,6713/21 MALAMPATTI MAIN, MELUR,
Doos bT6T DOB 19/101970 s/O
LDAJLDULin Gioulór, Gog;,
Melur, Melur, Madurai, Tarnil
s00TJTeU Male
Nadu, 625106
brr. 625106

6409 7110 8716 6409 7110 8716


www
www.uidai.govin
1947 haip@daigosin
1800300 1947

Miwm
deenptics

India Driving Licence('Tamilnadu) throughout Inda, vehicles


foliowtng
of the
Fonn X 06/10/2010 Liceusod4odrive 96/IO/2010
TN59
MICYCL.
WG

TN59 20100010994
SAGAYA AROKIYA RAJ E 05/10/2030
upto
EMMANUVEL SELVARAJA J Non-Trnsport
Veh Valid

107 SOURASTRA TLACIIERS COLONY

MADURAI 625009

GOPALAKRISHNA DRIVING SCHOOL


17/06/1988 B
RTO M D R IORTH

of tthe lfolder

Document:
Number)l
Year:
Page Nurmber.
Tota Payes:
5 9: 30 Py
2008 24/)4/2 M12
FD90009
Inda Dri ing LkcnceL annlnadu) Fnd Nn |Ng/A
pion
1/1)/2003 14/)42

TNSS 20030000316
0/12023
VIJAY AKUMAR S
SELlARAI S
s9 \ALIUVAR THERKU STREET
JLEVA NAGAR
MADURAl 625011

00 1/1 oss

4390
4390/2017/BK1
CERTICATE UNDER SECTION 42 OF STAMP ACT
S.No. of 2017
Ihereby certiíty stamp
proper l deficit that aduty
sum of FRs,2 oooees Went4
41 of He
Stamp Act in respect
of this
has
instrument from KANNAN residingbeen levied/under section
at Melun
Collector
SUBREGISTRAR
&
Melur Signature of Act.
Indian Stamp
Date:21/11/2017 Under Section
41 of the
|2-06
and
Between hours of
RS. l90 THE CF
PTesented in the Office of SUBREGISTRAR of Melur and fee of
1 on 21/11/2017 by
SUR

I Left Thumb

document
recitals of the
Additions As per the

Execution Admitted by

| Left Thumb

Additions As per the recitals


of the document

Identified by
Name : sSTUH, GTnGElunn S/o gIT 69) Gousn GlsiouraoT

S/o Gssi6uJT 59,6J6it (6TH,6JI


Name : aluo
LDG60J

Endorsement Sheet no. 1 of 2

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