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MEMORANDUM RELATING TO DEPOSIT OF TITLE DEEDS
THIS MEMORANDUM is executed on this the day of 19th JUNE 2025,
Mr.V.ESWARAN (Aadhar No – 5298 5544 2739) (Mobile No.9976786687)
S/O.Mr.Vellu Pillai residing No.3C, Middle Street, Kudiyurppu, Tenkasi, Tamil
Nadu – 627 802. (hereinafter referred to as "the Mortgagors(s)" which expression
shall unless be repugnant to the context means and include my / our legal heirs,
representatives in interest, executors, administrators, successors and assigns) to
record the creation of mortgage by deposit of title deeds by me / us.
TO AND IN FAVOUR OF
NORTHERN ARC CAPITAL LIMITED a non-banking finance company incorporated
under the Companies Act, 1956, with Corporate Identity Number [CIN -
U65910TN1989PLC017021] and having its registered office at IIT-M Research
Park, Phase 1, 10th Floor, No.1, Kanagam Village, Taramani, Chennai – 600 113,
India (hereinafter referred to as "the Lender", which expression shall, unless it be
repugnant to the context or meaning thereof, be deemed to mean and include its
successors and assigns) AS UNDER:
1 That I/we am/are aware of the fact that pursuant to a loan agreement
dated the31stday of March2025(hereinafter referred to as "Loan Agreement"),
the Lender had granted / agreed to grant to the person(s) mentioned in Schedule
II hereto, hereinafter referred to as "the Borrower(s)", a loan facility of a sum
ofRs.2128344/-(RupeesTwenty One Lakhs Twenty Eight Thousand Three
Hundred and Forty Four Only) hereinafter referred to as "the Loan") on the
terms and conditions contained in the said Loan Agreement;
That on theLender", which expression shall, unless it be repugnant to the context or
meaning thereof, be deemed to mean and include its successors and assigns) AS
UNDER:
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1 That I/we am/are aware of the fact that pursuant to a loan agreement
dated the 31stday of March2025. I / we, the Mortgagor(s) appeared in the office
of the Lender at Tirunelveli and deposited with the Lender, the title deeds,
documents and writings in original as described in Schedule III herein below
(hereinafter referred to as "Title Deeds"), which is valued approximately at
Rs.2128344/-(Rupees Twenty One Lakhs Twenty Eight Thousand Three
Hundred and Forty Four Only) as on 19.6.2025 as described in the Schedule IV
herein below (hereinafter referred to as "the Premises"), with the intent to create
equitable mortgage by deposit of title deeds in favour of the Lender over and in
respect of the Premises as security on charge basis, for the due repayment /
payment of the amounts payable under the Loan Agreement including principal of
the Loan, interest, liquidated damages, costs, charges and expenses and all other
monies whatsoever due and payable by the Borrower(s) to the Lender, whether
under the aforesaid Loan Agreement or otherwise (hereinafter collectively referred
to as "the Outstanding").
2 . That at the time of the deposit of Title Deeds relating to the Premises as
aforesaid, I / we, the Mortgagor(s) confirmed and declared the following:
a) That I / we am / are the absolute owner(s) of the Premises, that I / we have the
right to create aequitable mortgage over and in respect of the Premises, that
the Title Deeds, relating to the said Premises were the only documents of title
relating to the Premises, and that the same had been deposited with the
Lender, as aforesaid, and that they would remain as security till the entire
Outstanding secured by the said mortgage by deposit of title deeds are paid /
repaid to the Lender in full by the Borrower(s).
b) That I / we have clear and marketable title to the Premises.
c) That I / we have free, unencumbered peaceful possession of the Premises.
d) That no other person(s) other than me/us has/have any share, right, title or
interest of any kind or nature whatsoever in the Premises.
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e) That no action, suit, proceeding or investigation is decided, disposed or
pending to my/our knowledge or threatened by/against me/us before any court
of law or other competent authority or body involving the Premises or which
might have any material effect on the Premises.
f) That no subsequent charge or encumbrance will be created on the Premises
without the prior written consent of the Lender.
g) That I/we undertake to indemnify the Lender against all claims and demands
whatsoever by any person claiming under me/us and by any other person
whatsoever lawfully or equitably.
Schedule I
[Description of the Mortgagor(s)]
The Borrower(s)/Mortgagor(s) details:
a) Name and Address Mr.V.EswaranS/O Mr. Vellu Pillai Aadhar No
529855442739Mobile No.9976786687residing
No.3C, Middle street, Kudiyurppu, TENKASI, Tamil
Nadu, 627802
b) Unique Identity
Number 529855442739
c) Cell No 9976786687
Schedule II
[Description of Borrower(s)]
The Borrower(s)/Mortgagor(s) details:
d) Name and Address Mr.V.EswaranS/O Mr. Vellu Pillai Aadhar No
529855442739Mobile No.9976786687residing No.3C,
Middle street, Kudiyurppu, TENKASI, Tamil Nadu,
627802
e) Business or Employment
of the Co-Borrower Suriya Gift Centre
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Schedule-III
[List of Title Deeds/ Documents deposited by the Mortgagor(s) with the
Lender]
Sl. No Date Documents Original /
Photocopy
1. 07.12.1988 ARegisteredGift DeedwasexecutedbyMrs. Original
Chidambarammalwife of (Late) Eswaran Pillai
infavourofher GrandsonMinorEswaran son of
(Late) Velu Pillaiand through his Natural
Guardian Mrs. Ayyammal wife of (Late)
Eswaran Pillai (D. No: 1925 / 1988)
2. 07.12.1988 ARegisteredGift DeedwasexecutedbyMrs. Photocopy
Chidambarammalwife of (Late) Eswaran
Pillaiinfavourofher GrandsonMr. Chidambaram
Pillai son of Mr. Shenbagam Pillai(D. No: 1924
/ 1988)
3. 06.06.1990 A RegisteredSaleDeedwas entered between Photocopy
Mr. BoothathanPillaison of (Late) Eswaran
Pillaiin favour of Mr. Chidambaram son of Mr.
Shenbagam Pillai(D. No: 1191 / 1990)
4. 01.11.2023 A RegisteredSaleDeedwas entered between Original
Mr. Chidambaram son of Mr. Shenbagam
Pillaiin favour of Mr. Eswaranson of (Late) Velu
Pillai (D. No: 4467 / 2023)
5. 28.11.2023 A Original
RegisteredMemorandumofDepositofTitleDee
d was executed by Mr. Eswaranson of (Late)
Velu Pillai in favour of M/s UGRO
CapitalLimited (D. No: 4818 / 2023)
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6. 18.06.2025 A RegisteredDischargeReceiptDeed was Original
executed by M/s UGRO CapitalLimitedin
favour of Mr. Eswaranson of (Late) Velu Pillai
(D. No: 2753 / 2025)
7. 25.09.2006 ApprovedPlan and Proceeding Letter issued Photocopy
by Executive Officer, Melakaram Town
Panchayat, stands in the name of Mr.
Eswaranson of (Late) Velu PillaiApproved
Plan No: 47 / 2006-2007
8. 10.03.2025 A TwoHouseTaxReceiptNo: 2024-2025 / Online Copy
200400 / 1 / 7305, DoorNo: 3Cand ReceiptNo:
2024-2025 / 200400 / 1 / 7300, DoorNo: 3C / 1,
Assessment year 2024-2025, stands in the
name of Mr. Eswaranson of (Late) Velu
Pillaiissued by Executive Officer, Melakaram
Town Panchayat
9. 27.11.2023 NathamNilavariThittaThooyaAdangalRegiste Photocopy
r, Old Survey No: 185 to 186,
NewNathamSurveyNo: 762 / 2,
0.01.30Hectare stands in the name of Mrs.
Chidambarammalwife of (Late) Eswaran Pillai
issued by V.A.O, Melakaram Village, Tenkasi
Taluk
10. 09.11.2023 EncumbranceCertificateassociatedtotheSche SRO E Copy
duleRealPropertyfortheperiodfrom01.01.1987to
01.11.2023issuedbytheSubRegistrarTenkasi
Joint - II. E.C.ANo: 4 6 5 / 2 0 2 3
11. 06.01.2025 EncumbranceCertificateassociatedtotheSche SRO E Copy
duleRealPropertyfortheperiodfrom01.11.2023to
29.12.2024issuedbytheSubRegistrarTenkasi
Joint - II. E.C.ANo: 1 3 9 3 1 0 6 3 6 / 2 0 2 4
12. 09.11.2023 EncumbranceCertificateassociatedtotheSche SRO E Copy
duleRealPropertyfortheperiodfrom30.12.2024to
20.02.2025issuedbytheSubRegistrarTenkasi
Joint - II. E.C.ANo: 1 4 3 8 3 4 11 6 / 2 0 2 5
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13. 29.05.2025 EncumbranceCertificateassociatedtotheSche SRO E Copy
duleRealPropertyfortheperiodfrom01.01.2025to
28.05.2025issuedbytheSubRegistrarTenkasi
Joint - II. E.C.ANo: 1 6 7 9 5 8 3 7 9 / 2 0 2 5
Schedule-IV
4. Full Description of the Property investigated and proposed to be
mortgaged:
Schedule - I
Situated within the Tenkasi Registration District, Tenkasi Joint - II Sub -
Registrar Saragam, Melakaram Village, Viruthalapuram Kudiyiruppu,
Melakaram Town Panchayat Ward No: 13, Natham Survey No: 185 and
186, 4th Street, Nadu Street in Northern side East West 24 feet, South
North 52 feet, in totally east west in Eastern side Common Pathway
3feet reduced, in East West 21feet, South North Southern side 25 feet at
the next 12¾ in which 25½ sq.m is consist of a House, bearing Door No:
13 / 4 / 3A and all other amenities in which Land Measuring 267¾sq.ft is
a House.
Bounded by,
North : Stable
South : House belongs to Mr. Poothathan Pillai and
Mr. Chithambaram Pillai
East : 3feet width South North Pathway
West : Housebelongs to Mr. AmbalavanA Pillai
Details pertaining to the Linear Measurements
East to West on the Northern side : 4.09 meter
East to West on the Southern side : 4.09 meter
North to South on the Eastern side : 12.12 meter
North to South on the Western side : 12.12 meter
LandMeasuring267¾ sq.ft
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Schedule - II
Situated within the Tenkasi Registration District, Tenkasi Joint - II Sub -
Registrar Saragam, Melakaram Village, Viruthalapuram Kudiyiruppu,
Melakaram Town Panchayat Ward No: 13, Natham Survey No: 185,
Natham Survey No: 186, 4th Street, Nadu Street in Northern side East
West 24 feet, South North 52 feet, in totally east west in Eastern side
3feet and South North 37¾, Northern side East West 24 feet, South
North 14 ¼ feet is a Stable, in which Land Measuring 455 ¼ sq.ft is a 1/3
undivided share in pathway and Possession Rights.
The above-mentioned Schedule Property is situated within
the,Melakaram Town PanchayatLimit.
Schedule - III
Situated within the Tenkasi Registration District, TenkasiJoint - II Sub -
Registrar Saragam, Melakaram Village, Melakaram Town Panchayat Old
Ward No: 13, at present New Ward No: 15, Viruthalapuram Kudiyiruppu,
Middle Street, Natham Survey No: 185 and 186, 455.25sq.ft (41.36sq.m)
in Easter side East West 3 feet width South North 37.75 feet length is an
Pathway to Northern side in which Land Measuring 303.5sq.ft
(28.20sq.m) is a Land and all other amenities.
Details pertaining to the Linear Measurements
East to West on the Northern side : 24 feet
East to West on the Southern side :24 feet
North to South on the Eastern side : 14.25 feet
North to South on the Western side : 14.25 feet
LandMeasuring303.5sq.ft (28.20sq.m)
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IN WITNESS WHEREOF THE MORTGAGOR(S) have subscribed their
signatures on the date, month and year first hereinabove written.
MORTGAGOR
Witness :
1) (M.Subramanian) (Aadhaar Card No:- 8503 1792
4011) S/o.Muthaiya, 2-194/1, North New Street, Urmelazhagian.
2) (K.----) (Aadhaar Card No:- 4949 2569 1596)
S/o.Kailasam, 107, Pillaiyar Kovil Street, Kottakulam.
