M 1 Ver 1. THE LAND TITLES ACT (For Official use only) MORTGAGE DESCRIPTION OF LAND

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1 IMPORTANT NOTICE The information contained in this instrument forms part of the public records available for inspection and search by members of the public upon payment of a fee. The information is collected and used for the purpose of maintaining the land register pursuant to the Land Titles Act. M 1 Ver 1 THE LAND TITLES ACT (For Official use only) MORTGAGE DESCRIPTION OF LAND *CT/SSCT/SCT MK TS Lot No Vol Fol Property Address Whole or part lot (If part lot, to state approved new lot/strata lot or to annex plan & give details) * Please delete what is not applicable MORTGAGOR ID/Co regn No: Name: ID/Co regn No: Name: Address: (within Singapore for service of notice) the proprietors (hereinafter individually and collectively referred to as the "Mortgagor") of the land and premises above described (hereinafter referred to as the "Mortgaged Property"), in consideration of the Mortgagee (defined below)

2 2 MORTGAGEE Co regn No: Name: Citizenship/Place of Incorporation Address: (within Singapore for service of notice) S16FC0010A The Hongkong and Shanghai Banking Corporation Limited HONG KONG SAR 21, Collyer Quay #13-02 Building Singapore (hereinafter referred to as the Mortgagee") at the request of the Mortgagor, having granted or agreed to grant or continue to grant Banking Facilities (as defined in the Memorandum hereinafter mentioned), for a sum or sums not exceeding Singapore Dollars only) (S$ ) comprising a housing loan and all interest, commission, fees, taxes, charges and contingent liabilities arising thereon on such terms and conditions as may from time to time be fixed by the Mortgagee in its absolute discretion HEREBY MORTGAGES all the registered estate or interest of the Mortgagor in the Mortgaged Property to the Mortgagee SUBJECT to the following PRIOR ENCUMBRANCES and subject to the covenants and conditions hereinafter set out:- PRIOR ENCUMBRANCES (to state nil if there are none)

3 3 COVENANTS AND CONDITIONS THE MORTGAGOR HEREBY COVENANTS WITH THE MORTGAGEE AS FOLLOWS:- 1 All sums of money which shall from time to time and at any time be owing or payable to the Mortgagee by the Mortgagor and whether as principal or surety or otherwise (whether as guarantor, security provider or otherwise howsoever arising) or which the Mortgagor may be or become liable to pay to the Mortgagee whether in Singapore or elsewhere or in any manner howsoever under and in respect of the Banking Facilities including (but without prejudice to the generality of the foregoing) usual or customary commissions discounts and banker s charges and also stamp duty legal costs charges and expenses incurred by the Mortgagee in relation to the preparation, execution, completion and registration of this Mortgage and also in relation to the preservation realisation or enforcement of this security such legal costs charges and expenses to be paid (on a full indemnity basis) together with interests in all cases aforesaid to the date of full payment. 2 Without prejudice to the generality of paragraph (1), and as a continuing obligation, to keep the Mortgagee fully indemnified on demand from and against any and all payments made by or on behalf of the Mortgagee under any documentary or other credits or guarantees issued by the Mortgagee at the request of the Mortgagor, or pursuant to the Banking Facilities, and any expenses, losses, damages, costs, claims or liabilities whatsoever which the Mortgagee may incur under or in connection with the said documentary or other credits or guarantees or any of the Facility Documents including, without limitation, any legal and other costs, charges and expenses (on a full indemnity basis) incurred by the Mortgagee in connection therewith. 3 To pay to the Mortgagee interests (as well after as before any demand or judgment or the death, bankruptcy or insanity of the Mortgagor or the cessation or closure of any account) on principal monies commissions, fees, charges costs expenses and all other monies and liabilities from time to time owing or payable to the Mortgagee at such rates per annum as stated in the Facility Documents or such other rate as the Mortgagee may determine from time to time and calculated with monthly rests or such other periodic rests as the Mortgagee may determine from time to time under the terms relating to any Banking Facilities, until full payment is received by the Mortgagee. 4 To perform observe and be bound by the terms covenants and conditions:- (a) (b) (c) implied by law in mortgages of registered land; set out or referred to in the Facility Documents; and set forth in the Memorandum lodged with the Singapore Land Authority and numbered as ID/524783C hereinafter referred to as the Memorandum"); all of which said terms covenants and conditions shall be deemed to form part of this Mortgage as if fully set out herein.

4 4 5 To perform, observe and comply with and not do or omit to do or permit or suffer to be done or omitted any act, matter or thing in, on or respecting the Mortgaged Property which shall contravene any of the (a) covenants, terms, conditions, restrictions, and stipulations contained in the Agreement for Lease and/or the Applicable Lease; (b) provisions of the HDB Act and/or the ECHS Act and/or the TC Act; and (c) rules regulations and/or policy requirements from time to time imposed by Housing and Development Board (hereinafter referred to as the HDB ), the Central Provident Fund Board (where applicable), and/or any other relevant authorities in relation to the ownership, occupation, use or otherwise of the Mortgaged Property, including but not limited to the partition or renovation works carried out at the Mortgaged Property and in relation to the physical occupation of the Mortgaged Property, and/or in relation to the person(s) owning or occupying the same. 6 For the avoidance of doubt, it is hereby declared that nothing herein shall affect any terms and conditions imposed from time to time by the HDB, including (without limitation) the terms and conditions of consent of the HDB, which shall prevail at all times. 7 Expressions in this Mortgage shall have the same meaning assigned to them as contained in the Memorandum. 8 In the event of any inconsistency between the terms and conditions in this Mortgage and those contained in the Memorandum, the terms and conditions of this Mortgage shall prevail. 9 In the event of any inconsistency between the terms and conditions contained in this Mortgage and those contained in the Facility Documents, the terms and conditions of the Facility Documents shall prevail. 10 Where two or more persons/parties constitute the expression Mortgagor, all covenants, obligations, stipulations and agreements expressed to be made by them shall be deemed to be made by, and shall be binding on, them jointly and severally and all references to "Mortgagor" shall refer to any or all of them and shall include the legal personal representatives of the Mortgagor. 11 In these presents words importing the masculine gender include the feminine or neuter gender and words importing the singular number include the plural number and vice versa.

5 5 DATE OF MORTGAGE: EXECUTION BY MORTGAGOR Signature: Witness: EXECUTION BY MORTGAGEE Signature: by its Attorney acting under a Power of Attorney dated the day of (a copy of which was deposited in the Registry of the Supreme Court, Singapore on the day of and registered as No. of ) Witness: (to Mortgagee's Execution) SIMILAR INTEREST CONFIRMATION I, the Solicitor for the Mortgagee hereby confirm that the interest of the Mortgagee is similar to that in Caveat CV/ NAME & SIGNATURE OF SOLICITOR FOR THE MORTGAGEE

6 6 CERTIFICATE OF CORRECTNESS I, the Solicitor for the Mortgagor hereby certify that this instrument is correct for the purposes of the Land Titles Act and that I have a Practising Certificate which is in force as at the date of the instrument. NAME & SIGNATURE OF SOLICITOR FOR THE MORTGAGOR I, the Solicitor for the Mortgagee hereby certify that this instrument is correct for the purposes of the Land Titles Act and that I have a Practising Certificate which is in force as at the date of the instrument. FOR OFFICE USE ONLY NAME & SIGNATURE OF SOLICITOR FOR THE MORTGAGEE REGISTERED ON Initials of Signing Officer: for REGISTRAR OF TITLES Received on STARS CT/SSCT NE ( ) Regn O/C Clerk's Name & Signature Del O/C Name of Law Firm