instead of Mortgage in order to provide security for the repayment of loan executed a sale deed and thereafter parties entered a separate Agreement setting the terms and conditions that if borrower failed to repay amount taken as loan and interest thereon within 3 years period, then the agreement will be write-off and lender becomes an absolute owner of the property
is such sale will be considered as valid one
That is cinditional sale, the terms need to be mentioned in the sale deed
