@php $totalAmount = 0; $totalAmountTopup = 0; if ($payment || $paymentExists) { foreach ($payment as $paymentGroup) { $totalAmount += $paymentGroup->amount ?? 0; $totalAmountTopup += $paymentGroup->top_up ?? 0; // dd($totalAmount); } } @endphp

 

MEMORANDUM OF DEPOSIT OF TITLE DEEDS

(Applicable where all the Borrower(s) is/are also mortgagor)

 

This Memorandum of Deposit of Title Deeds executed at Bharuch on this 07th day of March 2024 by {{ $mortgageArray['executingPartyDetails'][0]['full_name'] }}  aged about {{ $mortgageArray['executingPartyDetails'][0]['age'] }} years, resident at- AA/2/102, Shyaona Residency, Kosamdi, Ankleshwar (hereinafter referred to as the “Mortgagor(s)”, which term shall wherever the context mean and include his/her heirs, executors, administrators, legal representatives and permitted assigns).

 

In favour of

 

ICICI Bank Limited, a public company under the Companies Act, 2013 and a banking company under the Banking Regulation Act, 1949, having its registered office at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat - 390 007, India, and having among others a branch office at ICICI Bank Limited, Bharuch Branch (hereinafter called the "Mortgagee", which term shall wherever the context permits, mean and include its successors and permitted assigns).

 

WHEREASUPONrequest of the Mortgagor(s),Mortgagee has sanctionedacredit facilityofRs.{{ ($totalAmount ?? 0) + ($totalAmountTopup ?? 0) ?: 'N/A' }}/- (RupeesTwenty Four Lacs Five ThousandOnly)moreparticularlydescribedinScheduleAhereunder,totheMortgagor(s)(hereinafterreferredtoas “theFacility”)onconditionthattheFacilityshallbesecured,inter-alia,bywayofequitablemortgageoverimmoveablepropertyof the Mortgagor(s)moreparticularlydescribedinScheduleBhereunder(“ImmoveableProperty”)fortheduerepayment,dischargeandredemptionbytheMortgagor(s)oftheFacilitytogetherwithallinterest,liquidateddamages,premiaonprepayment,costs,charges,expensesandothermoniespayableto the Mortgagee.

 

NOWTHISMEMORANDUMOFDEPOSITOFTITLEDEEDSWITNESSthatinconsiderationofICICI Bank granting/agreeing to grant thesaidFacility to the Mortgagor(s),theMortgagor(s)haveon07thday of March 2024 deposited the documents of title, more particularly specified  in Schedule C) (“Title Deeds”)pertaining to Immoveable Property atICICI Bank’s office (more particularly described in Schedule A) with an intent to create security by way of an equitable mortgageover Immovable Propertyin favour of Mortgagee  to secure  thedue repayment and dischargeby the Mortgagors ofall amounts due and payable  and owing to the Mortgagee under the said Facility.

 

TheMortgagor(s)state and confirmthatthesaidTitleDeedssodepositedaretheonlydocumentsoftitlerelatingthesaidImmovablePropertyinthepossessionandcontroloftheMortgagor(s)andthattheMortgagor(s)haveclearandmarketabletitletothesaidImmovablePropertyand that the Immovable Property is not subject to any  charge or encumbrance, lis pendens, claim or attachmentin any manner whatsoever and  that they have not entered into any agreement for sale, transfer or alienation of the said ImmovableProperty  and that  no other person has any right, title, interest, with respect to the said Immoveable Property.

 

The security so created shall be, always remain a continuing security and shall be in addition to any other security for any such indebtedness or liability now held or hereafter to be held by the Mortgagee.

 

 

Schedule A

  1. Address of the place where title deeds are deposited:

 ICICI Bank branch/zonal/regional/corporate office/other address:

{{ $mortgageArray['claimingPartyDetails'][0]['address'] }}

ICICI Bank branch        : Bharuch

Person                       : {{ $mortgageArray['claimingPartyDetails'][0]['full_name'] }}

  1. Description of the Credit facility
{{-- @if ($paymentExists) --}}

S.No.

Nature of Facility

Amount of secured facility

Ranking of charge

Exclusive/First/Second/Third

1

Home Loan

{{ $totalAmount ?? 'N/A' }}/-

 

2

Top up Loan

{{ $totalAmountTopup ?? 'N/A' }}/-

 

Total

Rs. {{ ($totalAmount ?? 0) + ($totalAmountTopup ?? 0) ?: 'N/A' }} /-

 

Schedule B

(Description of the Immovable Property)[1]

Flat No-{{ $mortgage->propertyDetails[0]->unit_property_serial_no }}, {{ $mortgage->propertyDetails[0]->floor_id }} “{{ $mortgageArray['executingPartyDetails'][0]['address'] }}”, Area-{{ $mortgage->propertyDetails[0]->built_up_area }} Sq.Mtr. Undivided Share Of Land {{ $mortgage->propertyDetails[0]->total_sellabe_area_of_land }} Sq.mts. R.Su.No.553 Mouje-, within the Sub-Registration District of {{ $mortgage->propertyDetails[0]->taluka->name }} the Registration District of {{ $mortgage->propertyDetails[0]->village_city_id }} bounded;

@if (!empty($mortgageArray['propertyDetails']) && count($mortgageArray['propertyDetails']) > 0)

On the North by               :               {{ $mortgageArray['propertyDetails'][0]['north_boundary'] }}

On the South by               :               {{ $mortgageArray['propertyDetails'][0]['south_boundary'] }} 

On the East by                 :               {{ $mortgageArray['propertyDetails'][0]['east_boundary'] }}

On the West by                :               {{ $mortgageArray['propertyDetails'][0]['west_boundary'] }}

@else

No property details available.

@endif

 

together with all the buildings and structures thereon, rights, fixtures, fittings and all plant and machinery attached to the earth or permanently fastened to anything attached to the earth, both present and future.

 

 

 

Schedule C

(List of Documents of Title, Deeds and writings deposited)

Sl. No.

Date & document number

Original/certified true copy/photocopy

Description of document

1.

Dt.-03/03/2015

Reg.Sale Deed No-1842

Copy

Sale Deed

 

In witness whereof the Mortgagor(s)has set their hand and signature on the day month and year first above written in the presence of: -

 

 

____________________________

{{ $mortgageArray['executingPartyDetails'][0]['full_name'] }}

 

MORTGAGOR(s)

WITNESS         

1.

 

2.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORTGAGEE

Photo

Thumb Impression

Signature

 

{{ $mortgageArray['claimingPartyDetails'][0]['full_name'] }}  Representative of ICICI Bank

 

 

 

 

 

MORTGAGOR

Photo

Thumb Impression

Signature

 

{{ $mortgageArray['executingPartyDetails'][0]['full_name'] }}

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[1] Mention the correct one according to the property being mortgaged.