Dated: 26-02-2022

N.Udaya Sagar M.A., L.L.B.

Manager - Legal & Operations (AP&TS)

LEGAL REPORT

Sri. Adapa Srinivasa Rao, S/o. Venkateswara Rao, for the Property to be mortgaged by
Simple situated at Door No.2-288, Sy no. 323/3, Naguluru Village, Reddy Gudam Mandal, Krishna
District., measuring plot area 193.6 Sq Yards with following Boundaries:

North: Property Belongs to kalangi Nageswara Rao,

South: Donka Road
East: 33fts Wide R & B Road
West: Adapa Viajay Kumar Property

Part 1. Details / Description of the Documents/Scrutinized/Verified/Documents to be

collected for Mortgage:

Whether Original / Certified True

Sl.N Date of the
Name of the Document & Type Copy to be taken for creation of
o Document
Mortgage
Copy of Gift Settlement Deed
Original Gift Gift Settlement Deed with
with Regd Doc No. 2456/2021/
Regd Doc No. 2456/2021/ dt.
1 28/06/2021 dt. 28/06/2021 executed by
28/06/2021 executed by Adapa
Adapa Venkateswara Rao Rao
Venkateswara Rao Rao S/o Basavaiah.
S/o Basavaiah.

Part 2. : Title Flow Chart (Title Tree): (Chain of title)

1. Gift Gift Settlement Deed with Regd Doc No. 2456/2021 dt. 28/06/2021 executed by
By Adapa Venkateswara Rao Rao S/o Basavaiah, resident of Naguluru Village,Reddy
Gudam Mandal Krishna District.

2. Possession and Enjoyment Certificate issued by Village Revenue Officer/Mucipal

Commissioner/Concerned Authority, Door No.2-288, Sy no. 323/3, Naguluru
Village,Reddy Gudam MandalKrishnaDistrict, on 25/02/2022 for 30 years and above.
This Certificate issued in favour of Adapa Srinivasa Rao.

3. Certificate of encumbrance on 64709888 dt. 22/02/2022 from 01/01/1983 to 21/02/2022.

N. UDAYA SAGAR || Manager Legal || AP-TS ||For HMPL

Part 3: Brief History of the Property and how the Mortgagor has derived the Title: (Special

importance to area of the Property and legal heirs):

The property situated within the fields of Naguluru Village, Reddy Gudam Mandalin Sy

no. 323/3, Door No. Near Door No.2-288, an extent of 193.6 Sq Yards, Mr/Mrs Adapa Srinivasa Rao

has having ownership the property through a Regd Gift Gift Settlement Deed with Registration No.

2456/2021, dt. 28/06/2021 registered before Mylavaram Sub Registrar.

This property is Ancestral and gift Gift Settlement in nature. Adapa Srinivasa Rao

acquired the property from Adapa Venkateswara Rao Rao S/o Basavaiah are executed a Gift Gift

Settlement Deed with Regd Doc No. 2456/2021, on dt.28/06/2021 infavour of Sri. Adapa Srinivasa

Rao. Adapa Venkateswara Rao Rao S/o Basavaiahare Possessed the entire property on

28/06/2021 and handed over the schedule property on the same day. As per the available

documents and recitals in the documents Adapa Srinivasa Rao is the Owner of the property and

enjoying the schedule mentioned property without interruption from the date of Gift Settlement

to till date. Possession and Enjoyment Certificate issued by Village Revenue Officer/Mucipal

Commissioner/Concerned Authority, Door No.2-288, Sy no. 323/3, Naguluru Village, Reddy

Gudam Mandal KrishnaDistrict, on 25/02/2022 for 30 years and above in break-up. This

Certificate issued in favour of Adapa Srinivasa Rao. Presently Adapa Srinivasa Rao having an

extent of 193.6 Sq Yards. He was in peaceful possession and enjoyment of the schedule property

without interruption till date.

Part 4: Search (Receipt & Date) and Investigation / E. C. and any adverse comments on Title:

Certificate of encumbrance on 64709888 dt. 22/02/2022 from 01/01/1983 to 21/02/2022 issued

by SRO Mylavaram.

No encumbrances seen

N. UDAYA SAGAR || Manager Legal || AP-TS ||For HMPL

 Part 5: List of Documents (please Specify Original / Certified copy) for Creation of Mortgage:

Original or

Sl.No. Document Particulars Certified True

Copy

Original Gift Gift Settlement Deed with Regd Doc No. 2456/2021 dt.
1 28/06/2021 executed by By Adapa Venkateswara Rao Rao S/o Basavaiah  Original
resident of Naguluru Village, Reddy Gudam Mandal Krishna District.,. 
Possession and Enjoyment Certificate issued by Village Revenue
Officer/Mucipal Commissioner/Concerned Authority, Door No.2-288, Sy
3 no. 323/3, Naguluru Village, Reddy Gudam MandalKrishnaDistrict, on Original
25/02/2022 for 30 years and above. This Certificate issued in favour of
Adapa Srinivasa Rao
 Certificate of encumbrance on 64709888 dt. 22/02/2022 from
4  Original
01/01/1983 to 21/02/2022 issued by SRO Mylavaram.

Part 6: CERTIFICATE: I Certify that on the basis of above documents seen and verified, along with
attached enclosure Sri Adapa Srinivasa Rao, S/o Venkateswara Rao (borrower/s) is having clear,
marketable and unencumbered/ Possessary title and they can Mortgage the property by Simple /
Registered Mortgage in favour of Godavari Urban Multi State Credit Co-Operative Society
Limited/Hindusthan MicroFinance Private Limited(BC Partner).

Kind information: This is also treated as a vetting and final scrutiny report.

(SIGNATURE OF LEGAL OFFICER ALONGWITH NAME & OFFICE SEAL)

N. UDAYA SAGAR || Manager Legal || AP-TS ||For HMPL

 Sri : Adapa Srinivasa Rao S/o Venkateswara Rao Remarks
Mortgaged Property Address: D.No.Near Door No.2-288, Sy no. 323/3, Naguluru
Village, Reddy Gudam Mandal Krishna District., measuring plot area 193.6 Sq Yards.  

Whether the Borrower/(s) had Absolute, Clear and Marketable title over the Having Ownership right
Property/ies proposed to be mortgaged on the property/ies and create valid Mortgage

a) What is the nature of the title of the owner i.e. tenancy right, full ownership, occupancy
right, possessory right, minor's right or any other type of right? Clarify Ownership Right

(b) Leasehold immovable property/ies (whether the land building(s) is/are lease hold
lease verify the terms of the lease(s) the name and address (es) of the lessor (s) and
whether any permission/NOC from the lessor(s) Company authority is required for
transfer (such as mortgage, sale etc.) of the property/ies). Not Applicable
Whether there is any restriction/Prohibition under the property/ies under the title deeds
through which he/she has derived the title. No Such Restricted
Whether the latest title deeds and the immediately previous title deeds are available in Yes
Originals
Whether the Building tax/land revenue has been paid upto date No Dues

In case the loan is sought for construction purpose - whether the land has been converted
under the land revenue laws? If not required to be converted, give reasons Not Applicable
(a) Is / Are the property/ies free from encumbrances Yes

(b) Please give detailed account of charge/mortgage or redemptions for a minimum

period of 13 years and also state the subsisting charge / mortgage if any, mentioned in
the encumbrance certificate for the last 13 years. Not Applicable
Simple Mortgage
Type of Mortgage (Registered or Simple). If Simple, whether all original title deeds are Yes
available for creation of Simple Mortgage

Whether property/ies is/are freehold or leasehold or sell occupied or tenanted? If

tenanted, whether the property/ies can be take as mortgage and what precautions to be
taken. Free hold Property
Whether NOC obtained from concerned in case of Flats / office owned / controlled by
societies. Not Applicable
Whether all owners of the Property joined in the creation of mortgage of the
property/ies either by deposit of title deeds or by registered mortgage, etc. Yes

There are No Prior Mortgage/Charge whatsoever as could be seen from the record of
Index-II, for the period of 13 or 30 years pertaining to the immovable property/ies by the
above said title deeds. Not Applicable
There are no claims from minor/s and his/their interest in the property/ties is/are to the
extent of (specify the share of Minor's with name). No Minor Claims
The Mortgage is created will be perfect and available to the GODAVARI URBAN MULTY
STATE CREDIT CO-OPERATIVE SOCIETY LIMITED/HINDUSTHAN MICRO FINANCE
PRIVATE LIMITED(BC PARTNER) for the liability of the intending borrower Yes Simple Mortgage
If Any Adverse remark observed in Title and or in Creation of Mortgage (Simple /
Registered), please specify : Nil
( SIGNATURE OF LEGAL OFFICER ALONGWITH NAME & OFFICE SEAL )

N. UDAYA SAGAR || Manager Legal || AP-TS ||For HMPL