INDEMNITY BOND

Ref: Sanction of investment facility of 120 Months Term Loan Limit of Tk.
1,20,00,000/- (Taka One Crore Twenty Lac) only under HOUSE
BUILDING LOAN (Mortgage) as mentioned in the Branch Sanction Letter
No. TBL/MIR/ADV-RBU-HBL/2023/909 dated 09.04.2023, in favour of P
No. 593 REAR ADMIRAL MOHAMMAD MUSA, son of Md. Aman Ullah &
Mrs. Amena Begum, a client of Trust Bank Limited, Mirpur Branch,
Dhaka.
To,
THE MANAGER
TRUST BANK LIMITED
MIRPUR BRANCH
ROAD-3, BLOCK-A, SECTION-11
MIRPUR, DHAKA, BANGLADESH

Dear Sir,

WHEREAS, P No. 593 REAR ADMIRAL MOHAMMAD MUSA, son of Md. Aman
Ullah & Mrs. Amena Begum, Date of Birth- 01.09.1967, bearing National ID No.
8203620714, & TIN No. 840437849392, having his permanent address at House-
36/1, Road-01, Baitul Aman, New Hajiganj, Post Office-Fatulla, Narayanganj Sadar,
Narayanganj, and present address at Taranga Building, Flat No. 7B, Naval
Headquarters, Banani, Dhaka, By Religion- Islam, By Profession- Retired Army
Officer, By Nationality- Bangladeshi by Birth, i.e. the BORROWER has approached
to the TRUST BANK LTD., Mirpur Branch, hereinafter referred to as the ‘BANK’ to
avail credit facilities for an aggregate amount of Tk. 1,20,00,000/- (Taka One
Crore Twenty Lac) only and the Bank has approved the same as per Sanction
Letter No. TBL/MIR/ADV-RBU-HBL/2023/909 dated 09.04.2023.

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 AND WHEREAS, the BORROWER i.e., P No. 593 REAR ADMIRAL MOHAMMAD
MUSA, son of Md. Aman Ullah & Mrs. Amena Begum, do hereby agree and confirm
as follows: -

1) That the BORROWER shall provide Insurance policy from the reputed Insurance
Company acceptable to the bank as per PPG and the policy papers to be assigned
in favor of the Bank. In this case, the BORROWERS hereby also confirm that
he/they shall bear all loses due to non-coverage of Insurance clause, and if any loss
occurs due to non-coverage of the said clause, the Bank shall be indemnified
against such losses;

2) That the BORROWER hereby confirms that repayment of the Bank’s dues with
them will not be affected in each of any loss mentioned herein above. Due to failure
to adjust Bank’s dues, the Bank will have every right to recover the same from them
through any manner as bank may deem fit.

3) That the BORROWER, do hereby guarantees & agrees to hold the Bank, their
successors and assigns, harmless financially or otherwise from all consequences
that may happen to arise in absence of insurance coverage.

4) That the BORROWER hereby also agrees that if he unable to renew the insurance
policy within the validity period, her account shall be debited to renew the
insurance policy within the expiry of existing policy.

5) In the case of any damages is caused due to Fire, Flood, & Earthquake etc. so long
as the investment limit along with profit, future renewals/enhancement incidental
charges remain unpaid, the undersigned do hereby undertake to indemnify the
Bank in full against such losses.

6) This indemnity bond shall be effective, binding forceful for future

renewals/enhancements and until repayment/liquidation of the entire investment
liabilities along with profit and other charges lying with the Bank under any
circumstances.

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IN WITNESSES WHEREOF, THE BORROWER DO HEREBY EXECUTE THIS
INDEMNITY BOND ON THIS THE _____ DAY OF _____________, 2023 OF THE
CHRISTIAN ERA.

In the presence of:

1.

______________________________________
P No. 593 REAR ADMIRAL
MOHAMMAD MUSA
Son of Md. Aman Ullah & Mrs. Amena
Begum

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

Drafted By:

Mostafizur Rahman Hawlader

Advocate
Supreme court of Bangladesh
For:
M. R Hawlader & Associates
3/4-A, Purana Paltan, Shabbir Tower
(5th Floor), Room-603, Dhaka-1000

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