Joint Equitable Mortgage Template

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Joint Equitable Mortgage

Security arrangement where a borrower deposits title deeds with a lead bank acting for a consortium.

Document Overview

Title deeds are held by one agent (Lead Bank) for the benefit of all consortium lenders.

Key Features

Single Point of Deposit
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1Property

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3Execution

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Legal instrument for Securities Clause for Joint Equitable Mortgage.

JOINT EQUITABLE MORTGAGE

CONSOLIDATED SECURITY CLAUSE

THIS DEED OF MORTGAGE is executed at 445 Prince Pass, Richmond this 20 day of February, 2026 by ABC Cements Corp, a company incorporated under the Companies Act and having its registered office at 445 Prince Pass, Richmond, Texas.

I. FINANCIAL INSTITUTIONS & LOANS

The Borrower has obtained/is obtaining credit facilities from the following Institutions:

A. ICICI Bank in respect of its Rupee Term Loan of Rs. 100 lacs. B. IFCI in respect of its Rupee Term Loan of Rs. 150 lacs. C. IDBI in respect of its Rupee Term Loan of Rs. 200 lacs.

II. DEPOSIT OF TITLE DEEDS

The Borrower hereby confirms that the Title Deeds relating to the property situated at 445 Prince Pass, Richmond in the state of Texas have been deposited with the Lead Bank acting as an agent for all the Financial Institutions mentioned above to create an Equitable Mortgage.

III. EXECUTION & SIGNATORIES

IN WITNESS WHEREOF the common seal of ABC Cements Corp has been affixed hereunto:

1. Joy (Director)

Signature

2. Roy (Director)

Signature

Consortium Banks Signatories:

1. Syndicate Bank (by the hand of Roy) 2. Dolphin Bank (by the hand of Joy) 3. Indian Bank (by the hand of Alen)

Corporate Seal

System Generated Legal Document | Feb 20, 2026 14:36

Legal Disclaimer

This document is a template for the security clause. It must be reviewed by the lead bank's legal department and executed in accordance with the local laws of Texas.