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Real Estate Mortgage Agreement
"Need a Real Estate Mortgage Agreement for a commercial property in Singapore CBD, with a loan value of SGD 5 million and specific provisions for early repayment options, to be completed by March 2025."
1. Parties: Details of mortgagor and mortgagee
2. Background: Context of the mortgage agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of mortgaged property
5. Loan Details: Amount, interest rate, repayment terms
6. Security Creation: Legal charge creation over the property
7. Mortgagor's Covenants: Obligations of the property owner
8. Events of Default: Circumstances constituting default
9. Mortgagee's Rights and Remedies: Rights upon default including power of sale
1. Insurance Requirements: Optional section detailing property insurance obligations when specific insurance requirements are needed
2. Assignment Provisions: Optional section covering rights to assign the mortgage when assignment rights are to be included
3. Further Advance Provisions: Optional section specifying terms for additional borrowing when further advances may be contemplated
4. HDB Specific Provisions: Optional section containing special terms for HDB properties when the mortgaged property is HDB
1. Property Schedule: Detailed property description and title particulars
2. Payment Schedule: Repayment schedule and installment details
3. Insurance Schedule: Insurance requirements and specifications
4. Special Conditions: Any special terms or conditions applicable
5. Property Plans: Floor plans or property drawings if relevant
Authors
Borrower
Business Day
Completion Date
Default Interest Rate
Encumbrance
Event of Default
Facility
Interest Payment Date
Interest Period
Interest Rate
Land
Law
Lender
Loan
Mortgage
Mortgaged Property
Outstanding Amount
Party/Parties
Payment Date
Permitted Security Interest
Principal
Property
Receiver
Repayment Date
Secured Amounts
Secured Obligations
Security
Security Documents
Security Period
Singapore Dollars
SGD
Standard Interest Rate
Term
Title Documents
Transaction Documents
Valuation Report
Working Day
Creation of Security
Loan Terms
Repayment
Interest
Securities and Charges
Property Maintenance
Insurance
Representations and Warranties
Covenants
Events of Default
Enforcement Rights
Power of Sale
Appointment of Receiver
Assignment and Transfer
Further Assurance
Notices
Set-off Rights
Costs and Expenses
Indemnification
Severability
Amendments
Governing Law
Jurisdiction
Entire Agreement
Counterparts
Confidentiality
Force Majeure
Third Party Rights
Waiver
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