Promissory Note Secured By Deed Of Trust Template for Germany

1. Insurance Requirements: Required when specific insurance coverage for the property is mandated

2. Tax Provisions: Include when there are specific tax obligations or considerations

3. Assignment and Transfer: Include when the note may be transferred or assigned to other parties

4. Co-Signer Provisions: Required when there are additional guarantors or co-signers

5. Property Maintenance: Include when specific property maintenance obligations are required

6. Subordination Provisions: Include when the security interest may be subordinate to other liens

7. Cross-Collateralization: Include when multiple properties or debts are involved

1. Schedule A - Property Description: Detailed legal description and land registry details of the secured property

2. Schedule B - Payment Schedule: Amortization table showing payment dates and amounts

3. Schedule C - Permitted Encumbrances: List of existing liens or encumbrances on the property

4. Schedule D - Insurance Requirements: Specific insurance requirements and minimum coverage amounts

5. Appendix 1 - Land Registry Extract: Current extract from the German land registry (Grundbuch)

6. Appendix 2 - Property Valuation: Independent valuation report of the secured property

7. Appendix 3 - Power of Attorney: If applicable, power of attorney for the trustee or other representatives