1

MEMORANDUM OF DEPOSIT OF TITLE DEEDS

This Memorandum of Deposit of Title Deed executed on this 24 th day of
February,

2016

by

Mrs.

K.

LALITHA,

daughter

of

Mr.

N.

Krishnamoorthy, aged about 40 Yrs, residing at 5/4, K.V. Colony, 3rd

Street, Near Ayothiya Matt, West Mambalam, Chennai-600038. (Hereinafter
referred to as EXECUTANTs cum OWNER which term shall wherever the
context mean and include their legal heirs, executors, administrators, legal
representative, successors and assigns)
TO AND IN FAVOUR OF
M/s. GIC HOUSING FINANCE LTD., PORUR BRANCH rep. through its Branch
In-charge, Mr. Sreenivas Putta, S/o Satyanarayan, having its Corporate
office at Royal Insurance Bldg. 6 th Floor, # 14, Jamshedji TATA Road,
Chruchgate, MUMBAI 400 020 and carrying on business among other
places and Karthik Towers 1st floor, #45, Trunk Road, PORUR 600 116
(Hereinafter referred as the Lender which expression shall unless
excluded by or repugnant to the context be deemed to include its
successors and assigns)
The Executants had deposited the documents of title deeds relating to his
property with the M/s. GIC Housing Finance Ltd. On 24-02-2016 more fully
described in Schedule A with intent to create an equitable mortgage by
way of deposit of title deeds in favour of the M/s. GIC Housing Finance Ltd.,
over the property to which the documents relates to and more fully
described in Schedule B for the purpose of securing repayment to the M/s
GIC Housing Finance Ltd., of the all amounts owing to the M/s. GIC Housing
Finance Ltd. under advances made and to be made to Mrs. K. LALITHA,
daughter of Mr. N. Krishnamoorthy, by way of a loan not exceeding
Rs.

20,00,000/-

Form No.0508283

(Rupees

Twenty

Lakhs

Only

).

together with interest, charges, thereon.

Vide

Appl.

Schedule A
S.
No.

Date

Doc. No.

1.

13.12.1985

2.

10.02.2016

3.

24.02.2016

4.

6.

24.02.2016

7.

Document Description

1481/1985

Original/
Photocopy

Registered Sale Deed

Original

Sale Agreement between Mrs.

K. Saraswathi & Mrs. K. Lalitha
Sale Deed in favour of
Mrs. K. SLalitha

Original

Encumbrance certificate

Original

MOD in favour of GICHFL

Original

House Tax receipts

Original

Original

SCHEDULE - B
All that piece and parcel of the property Apartment in Flat No. 13, Second Floor, BBlock, having plinth area of 520 sq fts ( inclusive of common area ), together with
104/1771 undivided share of Land and out of Land measuring 2 ground & 553 sq
fts (1 Ground is equal to 1956 sq fts as per patta ), present Door No. 73/13B old
Door No.36/13B, Lake View road, west mambalam, Chennai-600033, comprised din
sold paimash No.17, Block No-9, T.S., No. 40, Mambalam village, MambalamGuindy taluk, Chennai Dist and bounded on the
North by

Part of T.S. No.55, property owned by Rangachari.

South by

: T.S. No.48, 49 & 50, property owned by

purushothamadas and Rajamannar pillai.

East by

: T.S. No. 38/2, 41 & 42 property owned by

balasubramaniam and Lakshamana Rao.

West by

: T.S. No. 51, property owned by Ranganayaki Ammal

and common pathway leading to Lake View Road.

Measuring
East to west on the Northern side

: 51 feet 6 inches.

East to west on southern side

North to South on eastern side

: 100 feet

North to south western side

: 102 feet.

54 feet

Situate within the sub registration district of T. Nagar and Registration

District of Chennai South.

IN WITNESS WHEREOF THE AFORESAID DEPOSITOR HAS SET HIS

HAND ON THIS DAY, MONTH AND YEAR FIRST ABOVE WRITTEN IN
THE PRESENCE OF THE FOLLOWING

SIGNATURE OF THE EXECUTANT

WITNESSES:
1.

2.

DRAFTED BY: