Power of Attorney - Individual

Mortgage of / Charge on Securities

No. of Prokens Required: 1 |

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Description:

This POA for individual is given to the Lender in relation to the sale of Mortgaged / Charged Securities as security for a loan.

By a loan agreement made between the Lender and the Mortgagor), the Lender has agreed, subject to the conditions there set out, to make available to the Borrower a loan facility.

By a guarantee the Mortgagor has agreed to guarantee the liabilities of the Borrower under the Loan Agreement.

By an equitable mortgage made between the Mortgagor and the Lender, the Mortgagor has mortgaged in favour of the Lender, inter alia, all the right, title and interest of the Mortgagor in and to the securities listed in the Schedule to the Equitable Mortgage.

Document Type:

Deed /poa / authorisation / agency / escrow

Category:

Business > Banking and Finance > Security Documents & Equitable Mortgage

 
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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.