Memorandum of Deposit of Title Deeds
This Memorandum of Deposit of title deeds executed at this 8 th day of August 2022 by
Mr.N.Vignesh (PAN:BCVPV2742N), Son of Mr.K.Nachimuthu, residing at No 10, 4th
Street, Sriram Nagar South, West Tambaram, Chennai 600045, hereinafter called the
“Mortgagor” which term shall wherever the context mean and include his/her heirs,
executors, administrators, legal representatives and assigns of the one part in favour of
City Union Bank Limited, a Banking Company incorporated under the provisions of the
Indian Companies Act having its Registered Office at 149, TSR Big street, Kumbakonam-
612001 and a Branch office at Mannivakkam, hereinafter called the “Mortgagee” of the
other part;
Whereas the Mortgagor has been approached by Mr.K.Nachimuthu, Son of
Mr.Karuppusamy (PAN- ACTPN1281F), residing at No 10, 4th Street, Sriram Nagar
South, West Tambaram, Chennai 600045 (hereinafter called the “ the Borrower “) with
a request to offer some of the immovable properties belonging to the Mortgagor as
security for the credit facility (ies) sanctioned/ to be sanctioned by the mortgagee to the
borrower and the details of such Credit facility (ies ) are mentioned in Annexure A to
this memorandum. At the request of the Borrower (s), the mortgagor has agreed to
offer his/her immovable property(ies) more particularly described in Schedule A to this
agreement as security for credit facility (ies) sanctioned / to be sanctioned by the
mortgagee to the extent of Rs 80,00,000/- (Rupees Eighty Lakhs only) together with
interest, costs, other expenses, etc. And whereas the mortgagee is willing to extend the
credit facility(ies) if the borrower (s) would execute a promissory note for the said
amount and also the mortgagor deposits the title deeds of his/her immovable property
(ies) as collateral security for the due repayment of principal and interest, costs, etc.
thereby creating an equitable mortgage over the same.
Now this memorandum of Deposit of title deeds witnesseth that in consideration of the
sum of Rs 80,00,000/- ( Rupees Eighty Lakhs only) sanctioned / to be sanctioned by the
mortgagee to the Borrower (s), the mortgagor on 30/06/2022 deposited with the
mortgagee at their branch office at Tambaram the title deeds listed in Schedule B in
respect of the property (ies) more fully described in A to this memorandum with an
intent to create a security by way of Equitable mortgage by deposit of title deeds within
the meaning of Section 58(f) of the Transfer of Property Act 1882.
Signature of Mortgagor
..2..
Annexure A
Details of Credit Facilities sanctioned/ to be sanctioned :
S. No Branch Name of the Nature of Facility Amount of
Borrower Sanction (Rupees)
1 Mannivakkam K. Nachimuthu s/o OSL Term EMI Rs 80,00,000/-
Karuppasamy
SCHEDULE A
S. No Brief Description of Property Name of Property Owner
1 All that piece and parcel of property bearing Plot Mrs N. VigneshSon ofK. Nachimuthu
No 12, comprised in Survey No 286, Re Survey
No 287/1A1B2, Patta No 2875, Patta No 6286,
measuring an extent of 3276 Sqft or 304.46
Sq.mtrs, situated at V.O.C Street, Okkiyam
Thoraipakkam Village, Sholinganallur Taluk,
Chengalpattu District and bounded on the
North by : Plot No 11
South by : Plot No 13
East by : 24 Feet Road
West by : Vacant Land
Measuring
East to West on the Northern side : 21.14
Meters
East to West on the Southern side : 22.05
Meters
North to South on the Eastern side : 14.10
Meters
North to South in the Western side : 14.13
Meters
and situated within the Sub – Registration
District of South Chennai and Registration
District of Neelangarai.
Signature of Mortgagor
..3..
SCHEDULE B
LIST OF TITLE DEEDS DEPOSITED
S. No Document Date of Nature of Document Executed by In Favour
Number if Document
any
1 1587/1992 25/03/1992 Sale Deed ( Xerox) Mr. R. Nathamuni M/s Anand
Transports
2 Patta No 2875 (Xerox) M/s Anand
Transports
3 102/2009 19/01/2009 Copy Doc of M/s Anand M/s Indian
Memorandum of Transports Overseas Bank
Deposit of Title deeds
(Computerized)
4 1373/2010 22/03/2010 Copy doc Supplemental M/s Anand M/s Indian
Memorandum of Transports Overseas Bank
Deposit of Title deeds
(Computerized)
5 2747/2010 04/06/2010 Copy Doc Receipt Deed M/s Indian M/s Anand
(Xerox) Overseas Bank Transports
6 03/04/2002 Partnership Deed of
M/s Anand
Transports(Xerox)
7 2621/2010 12/03/2010 Settlement deed Mr. M.G. Muthu Mr. M. Daniel
(Xerox) and others Rajan
8 2621/2010 12/03/2010 Copy Doc Settlement Mr. M.G. Muthu Mr. M. Daniel
deed(Computerized) and others Rajan
9 Patta No 6286 in the
name of Mr. M. Daniel
Rajan (Xerox)
10 851/2016 Layout Sketch (Xerox)
Signature of Mortgagor
..4..
S. No Document Date of Nature of Document Executed by In Favour
Number if Document
any
11 8444/2019 03/10/2019 Gift Deed (Xerox) Mr. M. Daniel M/s GCC
Rajan
12 8794/2019 22/10/2019 Gift Deed (Xerox) Mr. M. Daniel M/s TNEB
Rajan
13 9753/2019 25/11/2019 General Power of Mr. M. Daniel Mr G. Kishore
Attorney ( Xerox) Rajan Kumar
14 1893/2020 05/03/2020 Sale deed (Original) Mr. M. Daniel Mr. N. Vignesh
Rajan rep by POA
Mr G. Kishore
Kumar
15 1893/2020 05/03/2020 Copy Doc Sale deed Mr. M. Daniel Mr. N. Vignesh
(Computerized) Rajan rep by POA
Mr G. Kishore
Kumar
16 Patta No 10180 in the
name of Mr. N.
Vignesh(Computerized)
17 Building Plan Vide
BA/WDCN15/07091/20
21, P.P.A No.
08763/2021 dated
15/12/2021 (Xerox)
List of Encumbrance Certificate
S. No Date of EC EC number if any Period of EC
1 12414 From 01/01/1987 to 31/10/1996 (Xerox)
2 15401 From 01/11/1996 to 08/12/2014 ( Xerox)
3 7467 From 01/01/2014 to 19/07/2018 (Xerox)
4 32634484 From 20/07/2018 to 06/01/2020 (Computerized)
5 66493351 From 01/11/1996 to 24/05/2022 (Computerized)
Signature of Mortgagor
..5..
In witness whereof the MORTGAGOR has set his hands the day, month and
year first above written in the presence of.
Signature of Mortgagor
WITNESSES:-
1.
Mr K. Nachimuthu,
S/o. Mr.Karuppusamy
No 10, 4th Street, Sriram Nagar South,
West Tambaram, Chennai 600045.
2.
V.Divaakar
W/o. Veluchamy,
No.84/1A, Kamarajar Nagar, Pattanam Road,
Ondipudur, Coimbatore South,
Coimbatore-641016.
