For Official Use Only THE LAND TITLES ACT MORTGAGE Instrument No. Version No. Registered By Based On Registered On DESCRIPTION OF LAND Title Type Vol Fol Lot No Extent Property Address MORTGAGOR ID I Co Regn No : Name: Citizenship I Place of Incorporation : 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) BORROWER ID I Co Regn No : Name: Citizenship I Place of Incorporation : Address (within Singapore for service of notice) : Page 1
* hereinafter individually and collectively referred to as the "Borrower", in consideration of the Mortgagee (defined below) MORTGAGEE ID I Co Regn No : Name: Citizenship I Place of Incorporation : Address (within Singapore for service of notice) : IS16FC0010A The Hongkong and Shanghai Banking Corporation Limited HONG KONG SAR 21, Collyer Quay #13-02 HSBC Building Singapore 049320 * at the request of the Mortgagor and/or the Borrower, having granted or agreed to grant or continue to grant Banking Facilities (as defined in the Memorandum hereinafter mentioned) 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 *Nil COVENANTS AND CONDITIONS To perform and observe the covenants and conditions set forth in the Memorandum of Mortgage filed in the Singapore Land Authority and numbered as ID/524783C To perform and observe the covenants and conditions implied by law in mortgages of registered land. * To perform and observe the covenants and conditions in the attached document. Please refer to the attached document with the following description(s): COVENANTS AND CONDITIONS I DATE OF INSTRUMENT: Page 2
EXECUTION BY MORTGAGOR Witness: EXECUTION BY BORROWER Witness: EXECUTION BY MORTGAGEE Signed by The Hongkong and Shanghai Banking Corporation Limited By its Attorney ------------ acting under a Power of Attorney registered in the Registry, Supreme Court as No. Witness: Page 3
SIMILAR INTEREST CONFIRMATION I, solicitor for the MORTGAGEE hereby confirm that the interest of the MORTGAGEE is similar to that in Caveat Name of Solicitor : CERTIFICATE OF CORRECTNESS I, solicitor for the MORTGAGOR hereby certify that this instrument is correct for the purposes of the Land Titles Act and that I hold a practising certificate which is in force as at the date of the instrument. Name of Solicitor : CERTIFICATE OF CORRECTNESS I, solicitor for the BORROWER hereby certify that this instrument is correct for the purposes of the Land Titles Act and that I hold a practising certificate which is in force as at the date of the instrument. Name of Solicitor: Page 4
CERTIFICATE OF CORRECTNESS I, solicitor for the MORTGAGEE hereby certify that this instrument is correct for the purposes of the Land Titles Act and that I hold a practising certificate which is in force as at the date of the instrument. Name of Solicitor : CASE FILE I STAMP DUTY CERTIFICATE REFERENCE Law firm case file reference : Stamp Duty Certificate reference : Page 5
COVENANTS AND CONDITIONS EACH OF THE MORTGAGOR AND/OR THE BORROWER HEREBY COVENANTS WITH THE MORTGAGEE AS FOLLOWS:- 1 To pay and discharge upon demand (in respect of the Banking Facilities which are expressed to be payable on demand) or on the due date thereof, all moneys, obligations and liabilities whatsoever which now are or at any time hereafter (whether on or after any such demand or otherwise) may be due from or owing or payable by, or to be incurred by, the Mortgagor and/or the Borrower to the Mortgagee, in whatever currency the same shall be denominated or owing whether alone or jointly with any other person and on any account whatsoever, whether current or otherwise, and whether present, future, actual or contingent and whether as principal debtor, guarantor, surety or otherwise howsoever or in any manner whatsoever and all other liabilities, whether certain or contingent, whether or not under, pursuant to or in connection with the Facility Documents (as defined in the Memorandum hereinafter mentioned) and including (without limitation) all liabilities in connection with paying, accepting, endorsing or discounting any cheques, notes or bills, or under guarantees, documentary or other credits or any instrument whatsoever from time to time entered into by the Mortgagee for or at the request of the Mortgagor and/or the Borrower, and all commissions, discounts and all banking, legal and other costs, charges and expenses whatsoever (on a full indemnity basis), and also interests on the foregoing. 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 and/or the Borrower, 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 and/or the Borrower 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) implied by law in mortgages of registered land; set out or referred to in the Facility Documents; and HSBC (OPEN INDIRECT MORTGAGE)
(c) 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. 5 Expressions in this Mortgage shall have the same meaning assigned to them as contained in the Memorandum. 6 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. 7 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. 8 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. 9 Where two or more persons/parties constitute the expression "Borrower", 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 " Borrower" shall refer to any or all of them and shall include the legal personal representatives of the Borrower; 10 The expression "the Mortgagor and/or the Borrower" shall refer to all such persons or any one or more of them either solely or jointly or jointly with any other person or persons. 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. HSBC (OPEN INDIRECT MORTGAGE)