Redemption Final

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DEED OF REDEMPTION

THIS DEED OF REDEMPTION IS MADE ON THIS THE _____ DAY OF


____________, 2023 OF THE CHRISTIAN ERA, BEFORE THE SUB-REGISTRAR,
PALLABI, DHAKA.

BETWEEN

TRUST BANK LIMITED, a banking Company duly incorporated under the


relevant laws of the land having its Corporate Head office at Shadhinata Tower,
Bir Srestha Shaheed Jahangir Gate, Dhaka Cantonment, Dhaka- 1206,
Bangladesh, and one of its branch offices namely Trust Bank Limited,
Principal Branch, 98 Shaheed Sarani, Dhaka Cantonment, Dhaka-1206,
represented by its duly authorized officer
_________________________________________, son of
__________________________________, hereinafter referred to as the MORTGAGEE
BANK (which expression shall unless excluded by or repugnant to the context
mean and include its successors-in-interest, legal representatives, executors,
administrators and assigns) of THE ONE PART;

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AND

P. NO. 214 COMMODORE KAZI EMDADUL HAQ, son of Late Kazi Serajul Haq
& Firoja Begum, Date of Birth: 13.01.1959 bearing National ID No. 3708666742
(Previous NID No. 19592650898267437) & TIN. 149348477225, having
permanent address at 215/B, Sher-e-Bangla Nagar, Rayer Bazar,
Mohammadpur, Dhaka-1209 and Present address at Tarangar, B/15, Building-
108, NHQ, Banani, Dhaka- 1213, By Religion- Islam, By Profession- Navy
Officer, By Nationality- Bangladeshi by Birth, hereinafter referred to as the
MORTGAGOR-BORROWER (which expression shall unless excluded by or
repugnant to the context mean and include his successors-in-interest, legal
representatives, executors, administrators and assigns) of THE OTHER PART.

WHEREAS, the MORTGAGOR-BORROWER has executed a registered Mortgage


being Mortgage Deed No. 8179 dated 16.07.2014 duly executed before the
Office of Sub-Registrar- Sabek Mirpur at present Pallabi, Dhaka, for an
aggregate amount of Tk. 1,00,00,000/- (Taka One Crore) only, in favour of
the MORTGAGEE BANK as per the MORTGAGEE BANK’S Sanction Letter No.
TBL/PB/ADV/HBL-R-RM/2014/60 dated July 03, 2014, allowed to P. NO.
214 COMMODORE KAZI EMDADUL HAQ, son of Late Kazi Serajul Haq &
Firoja Begum.

AND WHEREAS, the said MORTGAGOR-BORROWER has adjusted the


aforesaid the loan facility of Tk. 1,00,00,000/- (Taka One Crore) only with the
MORTGAGEE BANK with all interest and charges thereon in full and
discharged its claim in respect of the aforesaid loan facility as per the aforesaid
Sanction Letter of the MORTGAGEE BANK under the aforesaid Mortgage Deed
in respect of the scheduled property and thus the MORTGAGEE BANK foregoes
its claim of interest in respect of the scheduled property as the said loan is
adjusted as per the Sanction Letter of the MORTGAGEE BANK which the
MORTGAGOR-BORROWER is under the terms of the aforesaid Mortgage Deed
bound to pay to the MORTGAGEE BANK at the time of redemption.
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NOW THIS DEED WITNESSES AS FOLLOWS:

1. For in consideration of the loan facility of Tk. 1,00,00,000/- (Taka One


Crore) only by the MORTGAGOR-BORROWER to the MORTGAGEE
BANK for adjusting the aforesaid loan facility availed by the
MORTGAGOR-BORROWER, the MORTGAGEE BANK hereby reconvenes
to the MORTGAGOR-BORROWER that the mortgaged property described
in the schedule below of the Mortgage Deed No. 8179 dated 16.07.2014,
to hold the same to the MORTGAGOR-BORROWER forever, absolutely
and discharged from the principal amount and all interest and charges
in respect of the aforesaid loan facility of Tk. 1,00,00,000/- (Taka One
Crore) only sanctioned by the MORTGAGEE BANK as per the above-
mentioned Sanction Letter of the MORTGAGEE BANK secured by the
said Mortgage Deed in respect of the scheduled property.

2. For the aforesaid consideration the MORTGAGEE BANK hereby assigns


to the MORTGAGOR-BORROWER all interest and rents of the mortgaged
property described in the schedule below, particulars of which is detailed
in the statement of account of the MORTGAGEE BANK in respect of the
aforesaid Loan Facility. However, the MORTGAGEE BANK redeems the
schedule property in favour of the MORTGAGOR-BORROWER.

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SCHEDULE OF THE PROPERTY

All that piece and parcel of land measuring an area of 320 (Three Hundred
Twenty) square yards or 4.00 (Four) Katha, situated as recorded in the General
Land Registrar of the Dhaka Cantonment, District- Dhaka, Police Station-
Pallabi, Sub- Registry Office- Sabek Mirpur at present Pallabi, Mouza- Bownia,
Mirpur DOHS, Plot No. 311 (ThreeHundred Eleven), Road No. 8, comprising a
part of Survey No. 1/1, being butted and bounded by-

On the North- Plot No. 356,


On the South- Road No. 8,
On the East- Plot No. 313 &
On the West- Plot No. 09.

Along with all other structures and buildings constructed and to be constructed
thereon together with all other rights, interests, title, easements, benefits etc.,
attached there to or appertaining to the land.

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IN WITNESSES WHEREOF THE EXECUTANT HAS EXECUTED THIS DEED
OF REDEMPTION ON THE DAY, MONTH AND YEAR MENTIONED ABOVE.

WITNESSES:

1.

___________________________

2. (E X E C U T A N T)

Drafted By:

Mostafizur Rahman Hawlader


Advocate
Membership No. 9924
Supreme Court of Bangladesh

For:

M. R Hawlader & Associates


3/4-A, Purana Paltan, Sabbir
Tower (5th Floor), Room-603
Dhaka-1000

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BEFORE THE SUB-REGISTRAR, PALLABI, DHAKA.

AFFIDAVIT

(Affidavit as per President’s Order No. 142 of 1972, Section 52A(g) of


Registration Act 1908 and Section 53 E of Transfer of Property Act, 1882)

I, ______________________________________, son of ______________________________,


being the duly authorized officer of Trust Bank Limited, Principal Branch, 98
Shaheed Sarani, Dhaka Cantonment, Dhaka-1206, do hereby solemnly affirm
and state as follows:

1. That I am
a national and permanent resident of Bangladesh.

2. That the
immovable property mentioned in the Deed of property:

(a) Is not abandoned property within the meaning of Bangladesh abandoned


property order, 1972 (P. O. No. 16 of 1972;

(b) Is not under attachment under P. O. No. 8 of 1972;

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(c) Has not vested in or does not stand forfeited to the Govt. under any law
for the time being in force;

3. That the property mentioned in the schedule of deed does not contravene
any provision of any other law for the time being in force.

4. That the property mentioned in the schedule of the deed has not been
shown undervalued.

5. That no agreement, contract or Baina Nama has been signed or executed in


favour of any other party regarding the scheduled property.

6. That the property are not liable to be void under Article 5 A of Bangladesh
land holding (Limitation) order (P. O. No. 98 of 1972).

7. That the statements made in the Deed of Redemption are true to the best of
our knowledge and if any information are false we shall be liable and all
necessary actions, both civil and criminal can be taken against ourselves
and we shall be bound and liable to compensate all necessary costs and
expenses.

8. That if any statements given in relation to the schedule of the property of


Deed of Redemption of the Deed of Mortgage are found false and incorrect,
we shall be bound and liable to rectify any such false or incorrect

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statements and if necessary shall prepare, execute and register necessary
deed at our own costs including compensation.

THE STATEMENTS MADE ABOVE ARE TRUE TO MY KNOWLEDGE AND


BELIEF AND IN VERIFICATION WHEREOF, I BEING THE AUTHORIZED
OFFICER OF THE BANK HAVE SIGNED THIS AFFIDAVIT ON THIS THE ___
DAY OF ___________, 2023 OF THE CHRISTIAN ERA, BEFORE THE SUB-
REGISTRAR.

_______________________________ __________________________________
Identifier (D e p o n e n t)
The deponent is known to me
and identified by me and he has
signed his name in my
presence.

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