Professional Documents
Culture Documents
Whereas the Party of the FIRST PART have been sanctioned a Loan of
Rs.49,93,000/- (Rupees Forty Nine Lakhs and Ninety three Thousand
Only) by SECOND PART.
Whereas the Party of the FIRST PART has agreed that the repayment of the
said loan of Rs.49,93,000/- (Rupees Forty Nine Lakhs and Ninety
three Thousand Only) shall be secured by deposit of the Deeds of
immovable property owned by the Party of the First Part.
Whereas the Party of the FIRST PART have agreed to create the security
interest to secure the sanctioned loan to be advanced / advanced by
SIGNATURE
-2-
Whereas the Party of the FIRST PART are authorized to deposit the said Title
Documents with intent to create a Equitable Mortgage on the said
immovable property/ies.
SCHEDULE “ B “
(Description of Property )
South : Road
Witnesses:
1.
2.