DECCAN GRAMEENA BANK

said period of 14 days, the Bank may through any of its offices execute a legal mortgage in
favour of through the Bank of the scheduled property as security for the advances so long as
I / we are indebted to the Bank and all expenses incurred by the Bank in connection with this
shall be debited to our account. I / We hereby irrevocably and absolutely appoint the Bank
as my / our attorney to act in my / our name and execute the mortgage deed in my / our
name and on my / our behalf in favour of the Bank’s mortgaging the properties described in
the schedule hereto and present the mortgage deed for registration before the registrar /
sub-registrar of assurance and admit execution of the mortgage deed and I / we agree to
ratify and confirm all the deeds and things done by the Bank in pursuance of this authority.
We undertake and declare that I / we shall not transfer or otherwise encumber the
Scheduled properties to any other person except to the Bank so long as our indebtedness to
the Bank in respect of the advance referred to above continues in the Books of the Bank.
Notwithstanding anything contained hereinabove, I / we do hereby agree that the Bank shall
always have a right to recover the dues from the Scheduled properties as the same is being
purchased by me / us utilising the advance granted by the Bank.
SCHEDULE REFERRED TO HEREINABOVE
(Description of the immovable properties with short particulars of the flat proposed to be
constructed)
Name :
Address :
Signature.
Crl. ADV-79 36