Loan Agreement And Mortgage Template for New Zealand

1. Guarantees: Required when there are guarantors securing the loan obligations

2. Insurance Requirements: Detailed insurance obligations when specific insurance types are required beyond standard property insurance

3. Construction Covenants: Required for construction loans or when property improvements are part of the loan purpose

4. Multiple Securities: Required when multiple properties or other assets are provided as security

5. Cross-Collateralization: Used when the mortgage secures other obligations beyond this specific loan

6. Specific Purpose Covenants: Required for loans with specific purposes (e.g., business, development)

7. Property Lease Provisions: Required when the secured property is or may be leased

8. Priority Arrangements: Required when there are multiple security holders or ranking arrangements

1. Schedule 1 - Property Description: Legal description of the mortgaged property including title references

2. Schedule 2 - Payment Schedule: Detailed repayment schedule including payment dates and amounts

3. Schedule 3 - Loan Terms Summary: Summary of key financial terms as required by CCCFA disclosure requirements

4. Schedule 4 - Special Conditions: Any special or non-standard conditions applying to the loan

5. Schedule 5 - Insurance Requirements: Detailed insurance requirements and minimum coverage amounts

6. Schedule 6 - Fees and Charges: Complete schedule of all applicable fees and charges

7. Appendix A - Form of Drawdown Notice: Template for requesting loan drawdowns

8. Appendix B - Direct Debit Authority: Form for setting up automatic payment arrangements