5. To secure the loan on such properties mentioned above or any other properties as may be
required by LICHFL, in a form and manner acceptable to LICHFL; to pay stamp duty on
security documents if any, present such security documents for registration before
appropriate Registrar/Sub-Registrar of Assurances and give authority letters to the Sub-
Registrar to directly deliver the registered documents to LICHFL.
6. To furnish such indemnities as may be required by LICHFL in relation to the loan
(including security for the same) and execute all such agreements, documents and writings
as may be required by LICHFL in respect of the loan.
7. To execute in favour of LICHFL, an irrevocable Power of Attorney authorizing LICHFL,
inter alia, to sell the properties secured on any delay or default in repaying the loan and/or
occurrence of any other event of default under the loan as also to appropriate sale proceeds
against the outstanding amounts in respect of the loan.
8. To execute any Loan Agreement (s), Promissory Note (s), Letter (s) of Declaration &
Indemnity, or such other Documents as may be required by LICHFL in respect of the
said Loan (s).
9. To execute in favour of LICHFL, an Irrevocable Power of Attorney authorising
LICHFL to execute in its own favour or in favour of any other person, as LICHFL in its
sole discretion may decide, Legal Mortgage in any form, including in the English Form,
of the Property (ies).
10. To execute in favour of LICHFL, an irrevocable Power of Attorney authorizing LICHFL,
inter alia, to sell the properties secured on any delay or default in repaying the loan and/or
occurrence of any other event of default under the loan as also to appropriate sale proceeds
against the outstanding amounts in respect of the loan.
11. To pledge with LICHFL any share certificates, debentures, bonds, units issued by Unit
Trust of India, National Savings Certificates, fixed deposits or any other security owned by
me, by way of security for the loan and to sign any documents, transfer forms or papers that
may be required in connection therewith.
12. To acknowledge my Liability / Debt in respect of the Loan (s).
13. To buy properties on my behalf, to execute Agreement (s) for Sale of the same with any
Builder / Seller & make Payments to him there for, to pay stamp duty & to present such
Agreement (s) for Registration before the appropriate Registrar / Sub-registrar of
Assurance of the place or any place in India, as may be necessary
and to give authority
letters to the Sub-Registrar to directly deliver the registered documents to LICHFL/ their
trustees
14. To admit execution of the Agreement (s) for Sale before the said Registrar / Sub-
registrar of Assurance or any other Authority, as may be required for the purpose.
15. To obtain Possession of the Flat (s) / Unit (s), which have been purchased on my
behalf.