MEMORANDUM OF DEPOSIT OF TITLE DEEDS

MEMORANDUM OF DEPOSIT OF TITLE DEEDS

IF-20

		Bangshal Branch, 45, Bangshal Road, Dhaka-1100. Tel: 7317175, 7317396
SOCIAL ISLAMI BANK LTD.

MEMORANDUM OF DEPOSIT OF TITLE DEEDS

The Manager

Social Investment Bank Limited

 Bangshal Branch.

THIS MIINIORANDUM OFDEPOSIT OF TITLE DEED IS MADE ON THIS THE___ ___________DAY OF__________________,2012

I/We Mr. Jahirul Haque  Son/Wife of Haji Ruhul Amin Present Address,  104, Shantinagar,5th Floor, Dhaka permanent address Vill: Chor Mojlishpur, P.O: Fazilar Ghat, P.S: Sonagazi,   Dist: Feni-3930, Bangladesh (in case of limited company change accordingly) do herby confirm, acknowledge and record that I/we deposited with theBangshal Branch Branch of Social Islami Bank Limited, hereinafter referred to as the BANK (which expression shall include its successors-in-interest, legal representatives, administrators and assigns) the title deeds and documents (details given in SCHEDULE-l) of which I/We am/are the absolute owner with the intention of creating equitable mortgage on the said properties, including my/our all right. Title and interest for the purpose of securing the re-payment to the BANK on demand of all outstanding

dues including all charges and profit/rent/commission against the investments/facilities (given details of investments/facilities) to the extent of Tk. 5,000,000.00 (FIFTY LAC ONLY) only given by the BANK to M/s.J.H ENTERPRISE (give details of the investment client or if the mortgagor is the investment client change accordingly.) having place of business office at  186, Arambagh, Hotel Al-Helal Building (3rd Floor) Motijheel, Dhaka-1000, Bangladesh either solely and / or jointly with any other person or persons liable to the BANK, whether on account of the investment/facilities or any other liabilities including the bills of exchange, promissory notes, cheques and other negotiable instruments, L/C account, guarantee account or in any account whatsoever including profit/rent, compensation' and charges accruing on or in connection with the said liabilities or any other investment/facilities as may be given in future.

I/We do here by confirm that I/We am/are the absolute owner (s) of the said properties with full right to mortgage and transfer my/our interest and no one else has any right, title or interest in the said properties.

AND I/We do hereby further confirm that whenever requested by the BANK, I/We shall execute and register legal mortgage deed of the said properties in favour of the BANK at my/our own cost in the usual form with the power of sale and other provisions, if the BANK require for better securing the payment on demand of all investments/facilities secured by this mortgage.

AND I/We further agree and confirm that the BANK in exercise of its power under section 69 of the Transfer of Property Act, 1882 may sell the said properties described in the SCHEDUI.FI-ll without intervention of any Court of Law in case of default on my/ our part or on the part of investment client and/ or by any one of us to pay the sum due or any part thereof after the BANK demanded for the same. The said power to sell is expressly and unequivocally conferred on the BANK.

AND I/We do hereby confirm that the documents deposited by me/us all that were in my/our possession, custody and control relating to the said properties and that the said properties or any part thereof are/is not charged or encumbered in any manner.

AND l/We further undertake that in the event of conducting a search over the title of the

Said property if the same is found to be defective in title and/or encumbered in any manner, I/We shall make necessary arrangement to rectify the defect to have a good title over the properties mortgaged at my/our own costs and expenses.

SCHEDULE-I

(Schedule of Title Deeds)

Land: 11.55 Decimal at Mouza: Uttarkhan. P.S.- Uttarkhan & S.R. Office-Uttara, District- Dhaka  J.L No. CS – 195 , SA –17, RS – 14 & DHAKA CITY SURVEY-19, Khotian No C.S-946, S.A -1455, R.S-364 & Dhaka City Survey Dp-4283, Mutation Khatian no-16710(RS), Jote No-150/73(RS),  Plot No. CS & SA – 2406 & RS 7562 & Dhaka City Survey-17860, Total area Of land 11.55 decimal . Owned by Md Jahirul Haque (Roton) Vide sale Deed No-(1)14577 Dated-14.08.2005 and deed no (2)18553 dated 17.08.2006 And (3)4073 Dated27.04.2009.

SCHEDULE-II

(Schedule of the properties relating to Title Deeds)

IN WTNESS WHEREOF, I/WE HEREUNTO SETMY/OUR HAND ON THE DATE MENTIONED ABOVE

                                                                                                            Depositor(S)

Signed in the Presence of

(Signatures, names and address of the witnesses.

1.

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