CREATION OF AN EQUITABLE MORTGAGE BY DEPOSIT OF TITLE DEEDS IN FAVOUR OF A COMPANY





This Memorandum made by me ____________s/o Sh.____________ r/o ____________ on this ______ day of _________

Now This Memorandum Witnesseth as Follows:

That I have handed over and entrusted the title deeds stated in the first schedule hereto concerning the property bearing no. _______ more specifically stated in the second schedule hereto with Sh.__________ s/o Sh. __________ R/o __________ for securing the payment of the sum of Rs.__________ (Rupees __________ only) with interest @ ____ % per cent annually which was borrowed by me from him on ____________ and the payment of which is due on ______.

That I further declare that I have a clear and marketable title to the said properties and the documents of title so handed over and entrusted are the only documents of title relating to the said properties in my custody and possession.

The first schedule here in above referred to

The second schedule here in above referred to

Dated _________ Signed by the said Sh._________ (Mortgagor)