MEMORANDUM OF DEPOSIT OF TITLE DEEDS

This Memorandum of deposit of title deeds executed on this

day
of March 2024 by 1) Mr.M.V.ARUMUGHAM (Aadhaar No.8421 1194
0985) [PAN : AJBPA5263B] S/o.AR.Muthappan 2) Mrs.M.Vijayal
(Aadhaar No. 7705 3088 2860) [PAN : AKGPV4053L ] W/o.
AR.Muthappan both residing at No.24/91, Kumaran Illam, EB Central Office
Near, Mettur Dam – 636 401 Hereinafter called ‘the security owner/s’
which term shall wherever the context mean and include her/his /his heirs,
executors, administrators, legal representatives, successors and assigns.

IN FAVOUR OF

BANK OF INDIA, a body corporate constituted under Banking Companies

(Acquisition and Transfer of Undertaking) Act 1970 having its registered
office at Star House, Plot No. C-5, G Block, Bandra - Kurla Complex, Bandra
(East), Mumbai — 51 and Branch office among other placed at BANK OF
INDIA, SAIBABA COLONY BRANCH, No.181, S.R.Complex, Raja
Annamalai Road, Saibaba Colony, Coimbatore -641 011 (Hereinafter referred
to as "THE BANK" which expression shall unless excluded by or repugnant
to the context, be deemed to include its successors and assigns (hereinafter
called as the Mortgagee)

WHEREAS 1) Mr.M.V.ARUMUGHAM S/o. AR.Muthappan 2) Mrs. M.Vijayal

W/o. AR.Muthappan have been sanctioned to HOUSING LOAN of

Rs.27,00,000/- (Rupees Twenty Seven Lakhs Only) by the above said

bank.

WHEREAS the security owner/s has/ have agreed that the repayment of the

said loan and advances of HOUSING LOAN of Rs.27,00,000/- (Rupees

Twenty Seven Lakhs Only) to 1) Mr.M.V.ARUMUGHAM S/o.

AR.Muthappan 2) Mrs. M.Vijayal W/o. AR.Muthappan shall be secured by

deposit of title deeds of immovable properties belonging to her/his as

security.

NOW THIS MEMORANDUM OF DEPOSIT OF TITLE DEEDS WITNESSETH:

THAT in consideration a sum of Rs.27,00,000/- (Rupees Thirty Laksh

Only) to 1) Mr.M.V.ARUMUGHAM S/o. AR.Muthappan 2) Mrs.
M.Vijayal W/o. AR.Muthappan agreed to be received by the borrowers from
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the Bank and as security for the repayment of the said sum to the borrowers
together with interest and other monies thereon that may become due and
payable, the security owner/s has/have deposited on 12-03-2024 with the
Bank its Branch Office at BANK OF INDIA, Saibabacolony BRANCH the
title deeds more fully described in Schedule I with an intention to create an
equitable mortgage by deposit of title deeds of the property described in
schedule II to secure the loans and advances of said sum to the borrowers
due and owing by the borrowers including interest, penal interest,
commitment charges, cost, charges and other monies that may become due
and payable from time to time by them to the Bank.

The security owner/s confirms that the said properties belong to

her/him absolutely and no one else has any interest therein. The said
properties are under her/his sole occupation.

The security owner/s declares that the documents mentioned in

Schedule I and deposited with the Bank are the only documents of title of
the security owner relating to her/him and that there are no other
documents of title to the Schedule properties. There are no claims from
revenue / tax authorities and that there are no attachments in respect of the
properties. The security owner is in actual possession of the properties
mentioned in Schedule II tinder and is not subject to any agreement for sale
or otherwise.

The security owner/s further confirms that any renewal, interchange,

realignment, re schedulement of any / all of the credit facilities under the
aforesaid Credit Limit shall not affect the said equitable mortgage and they
are equitably mortgaged by way of deposit of title deeds within the meaning
of Section 58 (F) of the Transfer of Property Act 1882.

The loan is granted for the agricultural purpose, hence this document
is exempted from the stamp duty as per the orders of G.O.M.S.73/2006
dated 22.07.2006.

SCHEDULE I

LIST OF DOCUMENTS

Date Particulars Remarks

S.No

1. 14-09-1990 Partition Deed executed by and in Photocopy

between 1. Mr. V. Arunachalam & 2. Mr.
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V. Sivaraman registered as Document

No. 7271 of 1990 at Gandhipuram
SRO.,
2. General Power of Attorney executed by
1. Mr. V. Arunachalam & 2. Mr. V.
Sivaraman in favour of M/s. SKV
Developers., Rep. by its partners 1.
Mangalasundaram & 2. Mr. V.D.
Sugumaran registered as Document
No. 835 of 2009 (Book
23-09-2009 No.4) at Gandhipuram SRO., Photocopy
3. MODTD executed by Mr. V. Sivaraman
in favour of Indian Overseas Bank
registered as Document No. 6899 of
31-12-2009 2009 at Gandhipuram SRO., Photocopy
4. MODTD executed by Mr. V.
Arunachalam in favour of Indian
Overseas Bank registered as Document
No. 1650 of 2010 at Gandhipuram
10-03-2010 SRO., Photocopy
5. Receipt Deed executed by Indian
Overseas Bank in favour of Mr. V.
Sivaraman registered as Document No.
6785 of 2010 at Gandhipuram

15-09-2010 SRO., Photocopy

6. Receipt Deed executed by Indian
Overseas Bank in favour of Mr. V.
Arunachalam registered as Document
No. 6786 of 2010 at Gandhipuram
15-09-2010 SRO., Photocopy
7. Sale Deed executed by 1. Mr. V.
Arunachalam & 2. Mr. V. Sivaraman in
favour of M/s. SKV Developers., Rep. by
its partners 1. Mangalasundaram & 2.
Mr. V.D. Sugumaran registered as
Document No. 6820 of 2010 at
16-09-2010 Gandhipuram SRO., Photocopy
8. Sale Deed executed by 1. Mr. V.
Arunachalam & 2. Mr. V. Sivaraman in
favour of M/s. SKV Developers., Rep. by
its partners 1. Mangalasundaram & 2.
Mr. V.D. Sugumaran registered as
Document No. 6821 of 2010 at
16-09-2010 Gandhipuram SRO., Photocopy
9. Ratification Deed executed by 1. Mrs. A.
Mohana &
2. Mrs. A. Saranya in favour of M/s. SKV
Developers., Rep. by its partners 1.
Mangalasundaram & 2. Mr. V.D.
Sugumaran registered as Document
No. 5039 of 2011 at Gandhipuram
21-06-2011 SRO., Photocopy
10. 21-06-2011 Ratification Deed executed by 1. Mrs. A. Photocopy
Mohana &
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2. Mrs. A. Saranya in favour of M/s. SKV

Developers., Rep. by its partners 1.
Mangalasundaram & 2. Mr. V.D.
Sugumaran registered as Document
No. 5040 of 2011 at Gandhipuram
SRO.,
11. Ratification Deed executed by 1. Mrs. S.
Santhi &
2. Mr. S. Karthik in favour of M/s. SKV
Developers., Rep. by its partners 1.
Mangalasundaram & 2. Mr. V.D.
Sugumaran registered as Document
No. 5175 of 2011 at Gandhipuram
21-06-2011 SRO., Photocopy
12. Ratification Deed executed by 1. Mrs. S.
Santhi &
2. Mr. S. Karthik in favour of M/s. SKV
Developers., Rep. by its partners 1.
Mangalasundaram & 2. Mr. V.D.
Sugumaran registered as Document
No. 5176 of 2011 at Gandhipuram
21-06-2011 SRO., Photocopy
13. Sale Deed executed M/s. SKV
Developers., Rep. by its partners 1. Mr.
Mani @ Mr. Mangalasundaram & 2. Mr.
N.D. Sugumar @ Mr. V.D. Sugumaran
through their agent Mr. Mahalingam in
favour of Mrs. S. Sheela registered as
Document No. 6990 of
18-07-2019 2019 at Gandhipuram SRO., Original
14. Sale Deed executed M/s. SKV
Developers., Rep. by its partners 1. Mr.
Mani @ Mr. Mangalasundaram & 2. Mr.
N.D. Sugumar @ Mr. V.D. Sugumaran
through their agent Mr. Mahalingam in
favour of Mrs. S. Sheela registered as Digital
Document No. 6990 of Certified
18-07-2019 2019 at Gandhipuram SRO., Copy
15. MODTD executed by Mrs. S. Sheela in
favour of M/s. Tamilnad Mercantile
Bank Ltd., registered as Document No.
19-03-2020 3082 of 2020 at Gandhipuram SRO, Original
16. Receipt Deed executed by M/s.
Tamilnad
Mercantile Bank Ltd., in favour of Mrs.
S. Sheela registered as Document No.
03-09-2022 9668 of 2022 at Gandhipuram SRO, Original
17. Patta No. 1997 foe the property in SF
11-03-2020 No. 295 of Chinnavedampatti Village. Photocopy
18. Registered Sale Deed to be executed by
Mrs. Sheela in favour of 1. Mr. R.
Pradeep & 2. Mrs.
24.01.202 G. Sreedevi (Doct No.697/2024
4 Gandhipuram SRO) Original
19. -` Layout Plan approved in CP/LPA No. Photocopy
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16/2015
20. Encumbrance Certificate No.
107216164/2023 by Digital
Gandhipuram SRO., for the period Certified
20-12-2023 covering 01-011993 to 12-12-2023 Copy

SCHEDULE - II

SCHEDULE OF PROPERTY

In Coimbatore Registration District, Gandhipuram Sub-Registration District,

Coimbatore North Taluk, Chinnavedampatti Village, A land measuring
10.16 ½ acres in SF No. 293/1A, 295, 296/1, 296/2 & 296/3 of was
developed into a Layout of Housing Sites by name “VIP Urban Centre” and
was approved by the Director of Country Planning Chennai vide DTCP No.

16/2016, In this Site No. 79

Boundaries:

North of : Site No. 78,

South of : Land in SF No. 296 & 297,

East of : 23 feet wide North-South Layout

Road, West of : Site No. 63,

Measurements:

East-West on the Northern side : 7 feet + 24 Feet = 31 feet

East-West on the Southern side : 30 feet

North-South on the Eastern side : 29 feet
North-South on the Western side : 22 feet

Within the above boundaries and measurements, all the part and the parcel
of the land measuring 753 Sq.ft. of land equivalent to 1 cents & 317 ½
Sq.ft. together with all its appurtenances with right to use attached common
pathways, Layout roads and other common customary rights thereon.

The above property is situated at S.F. No. 295 /1A1A1 as per patta
No.1997 of Chinnavedapatti Village, within the limits of Coimbatore
Corporation.
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Witnesses:-

1)

2)