MEMORANDUM OF DEPOSIT OF TITLE DEEDS

Loan Amount of Rs.80,00,000/- Stamp Paper Value Rs.100/-

This “Memorandum of Depositing of Title Deeds” is made and executed on the ___
Day of MAY 2019 By:

we 1). Busa Kumaraswamy

S/o Parshaiah
3-28 Asifnagar Karimnagar
Aadhar: 6942 0369 7482

2). Chatlapally Rajamallu

S/o Peddi Ramaiah
2-183 Asifnagar Karimnagar
Aadhar: 2021 8155 5347

(Hereinafter called and referred to as the “First Part”)

IN FAVOUR OF

The Branch Manager, Indian Bank, Asifnagar Branch, Kothapally Mandal, Karimnagar Dist., one of the
branches among other Indian Bank, a body corporate constituted under the Banking Companies
(Acquisition and Transfer of Undertaking) Act V of 1970, having its Head Office at 66, Rajaji Salai, Chennai
– 600 001 and Corporate Office at 254-260, Avvai Shanmugam Salai, Royapettah, Chennai – 600 014
represented by its Branch Manager authorized official of the bank/Branch.

(Hereinafter called/referred as to the “Second Part”)

THE MEMORANDUM WITNESSESTH AS FOLLOWS:

WHERE AS the borrowers herein already deposited with the lending bank the title deeds relating to
the schedule property –A( belongs to Busa Kumarswamy) situated at Asifnagar village,
Kothapally(H)Mandal & Dist: Karimnagar, property –B(belongs to Chatlapally Rajamallu) situated at
Asifnagar village, Kothapally(H)Mandal & Dist: Karimnagar . Described more fully in the schedule here to
have been deposited by mortgagors on 21.05.2019 with the lendee bank with an intention of creating
equitable mortgagors to secure the loan amount of 60,00,000 for Purchase of Machinery and 20,00,000
for Civil work i.e. aggregate amont is 80,00,000/-(Rupees Eighty lakhs only) and borrowed by M/s. SS
Granites ,Asifnagar Village Rep.by its Sole Prop.Chatlapally Chandrakala with relative interest, costs,
expenses, etc., and also for repayment of any other sums that may be due and payable from time to time
or at any time due to the said Indian Bank, Asifnagar Branch together with interest, discounts,
commission, costs,charges and expenses etc.., in relation there to .

The Said party of the First Part declared while depositing the title deeds that he/they was/were the
absolute owners of the property mentioned below and there was/were no encumbrances on the said
property. The said party of the First Part further declares that as on date also there is/are no further
encumbrances on the said property. The said party of the First part further declares that as on date
there is/are no further encumbrances created on the said property except aforesaid in favour of the
party of the Second part.

SCHEDULE OF THE PROPERTY-A

Property belongs to : Busa Kumaraswamy

(full description with sy.no;/D.No. and boundaries as per title deed)

All that part and parcel of land in survey no.255/A of an extent Ac.0-30 ¾ Guntas along with the
factory shed to be constructed there on situated at Asifnagar vill. Of Kothapalli(H) mandal Of Karimnagar
dist, Bounded by

Boundaries For Land:

North : Land of Pamulaparthi sudhakar and others
South: Land of Sathyanarayana reddy
East: Land of Thota Srinivas
West: Road

LIST OF TITLE DEEDS DEPOSITED

1. Original Regd.Lease deed No.2793/2018 dt.05-05-2018 executed by Sri.Busa Kumaraswamy in

favour of M/s. SS granites asifnagar represented by its Proprietor smt. Chatlapally Chandrakala
before SRO gangadhara
 2. Original Regd.Sale deed No. 4075/2012 dt.24-12-2012 executed by Sri.Busa Parshaiah in favour
of Sri. Busa Kumaraswamy before SRO gangadhara
3. Pattadar Passbook and title deed book No. 207860 of Busa Parshaiah issued by MRO Karimnagar
4. Original Link Regd.Sale deed No.847/2003 dt,07-07-2003 executed by Sri.Mohd.Ankoos ,
Sri.Mohd.Jaffar and smt.Ameena Bee in favour of Sri.Busa Parshaiah before SRO gangadhara.
5. True extract of Mutation register for the year 2003-04 issued by the DT Kothapalli Mandal.
6. Link CC of pahanies for the year 1987-88 1988-89 1989-90 1990-91 1992-93 1994-95 1996-97
1997-98 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-
09 2009-10 2010-11 and 2011-12 issued by Naib tahasildar kothapalli Mandal
7. NAC Proceedings NO. N/6750/2018 dt. 31-10-2018 issued by RDO Karimnagar
8. Granite Unit construction permission Proceedings dt.03-07-2018 along with approved map
issued by GP Asifnagar
9. Original regd.Lease deed No. 2467/2018 dt.20-04-2018 executed by Sri.Busa Kumaraswamy in
favour ofM/s. SS granites Asifnagar represented by its Proprietor Sri.Chatlapalli santhosh kumar
before SRO Gangadhara.
10. Original Cancellation of regd.Lease deed No. 2789/2018 dt. 05-05-2018 executed between
Sri.Busa Kumaraswamy and M/s. SS granites asifnagar represented by its proprietor Sri
Chatlapally Santhosh Kumar before SRO gangadhara]
11. Original EC No. 36649404/2019 dated 22-01-2019 from 01.01.1983 to 21.01.2019 issued by SRO
Gangadhara.

SCHEDULE OF THE PROPERTY-B

Property belongs to : Chatlapally Rajamallu

(full description with sy.no;/D.No. and boundaries as per title deed)

All that part and parcel of land along with the House bearing the No. 2-84/3 Admeasuring
332Sq. situated at Asifnagar vill. Of Kothapalli(H) mandal Of Karimnagar dist, Bounded by

Boundaries For Land:

North : land of Vendor
South : Land of gajabheenkar Srinivas
East : Way
West : land of Vendor

LIST OF TITLE DEEDS DEPOSITED

1. Original Regd.Sale deed No.1620/1991 dt.22-11-1991 executed by Sri.Mohd.Hussain in favour of

Sri.Chatlapalli Rajamallu before SRO Gangadhara
 2. Original House Construction permission proceedings dated 02-05-2018 along with approved
map issued by GP Asifnagar.
3. Original property tax receipt No. 2062 dt.02-05-2018 issued by the GP Asifnagar
4. EC.No. 36652731/2019 dt. 22-01-2019 from 01-01-1983 to 21-01-2019 issued by the SRO
gangadhara.

In witness where of the parties of the First Part herein set their hand(s) on this deed on this ____ day of
MAY 2019 aforementioned.

Witnesses:

(Signature)
1. Name :
Address : Signature of the Mr.Busa Kumara Swamy

(Signature)
2. Name :
Address : Signature of the Mr.Chatlaplly Rajamallu