英语抵押合同协议5篇.docx

英语抵押合同协议5篇

篇1

ContractforMortgage

Date:[DateoftheContract]

PartiestotheContract:

1.Borrower:[NameoftheBorrower]

2.Lender:[NameoftheLender]

PurposeoftheContract:

ThisContractismadeforthepurposeofsecuringtherepaymentofaloanprovidedbytheLendertotheBorrower,bymeansofamortgageovercertainpropertyownedbytheBorrower.

MortgagedProperty:

Thepropertyoverwhichthemortgageistobecreatedis:[DescriptionoftheMortgagedProperty]

MortgageAmount:

Theloanamountforwhichthemortgageiscreatedis:[AmountoftheMortgage]

InterestRate:

Theinterestrateapplicabletothemortgageis:[InterestRate]

RepaymentPeriod:

Therepaymentperiodforthemortgageis:[RepaymentPeriod]

MonthlyInstallments:

Themonthlyinstallmentsdueonthemortgageare:[MonthlyInstallments]

LatePaymentFees:

Intheeventthatanyinstallmentisnotpaidontime,alatepaymentfeeof[LatePaymentFee]shallbeimposed.

Default:

IftheBorrowerfailstomakeanypaymentdueunderthisContract,theLendermayexerciseitsrightsandremediesunderapplicablelaw,includingbutnotlimitedto,accelerationofthematurityoftheloan,saleofthemortgagedproperty,and/orcommencementoflegalproceedingsagainsttheBorrower.

Settlement:

IntheeventthattheBorrowerwishestosettlethemortgagebeforetheendoftherepaymentperiod,thefollowingtermsshallapply:[SettlementTerms]

Miscellaneous:

1.TheBorrowershallberesponsibleforalltaxesandinsurancerelatedtothemortgagedproperty.

2.TheLendershallhavenoliabilityforanydamageorlosssufferedbytheBorrowerasaresultofanyactiontakenbytheLenderunderthisContract.

3.ThisContractshallbegovernedbyandconstruedinaccordancewiththelawsof[ApplicableJurisdiction].

4.AlldisputesarisingoutoforinconnectionwiththisContract