THIS MORTGAGE DEED is made on 08 December 2021
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE as chargor and assignor (the "Mortgagor")
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE as chargee and assignee (the "Lender")
(A) The Mortgagor and the Lender has entered into the Facility Agreement.
(B) As security for the facility under the Facility Agreement, the Mortgagor has agreed to mortgage the Property to the Lender for the consideration and upon the terms set out below.
This Deed Witnesses as follows:
1.1 In this Deed: (a) words and expressions defined in the Facility Agreement shall bear the same respective meanings; and (b) the following words and expressions have the meanings respectively shown opposite below, in each case unless the context otherwise requires:
Amount Owing. All money, obligations and liabilities due, owing or incurred by the Mortgagor under the Facility Agreement or the Mortgage now or in the future including any unpaid interest or Expenses due and other amounts payable by the Mortgagor under this Mortgage.
Expenses. Any costs and expenses which the Lender or a Receiver reasonably incur in connection with this Mortgage and any Facility Agreement, including interest charged on the Expenses. The Lender gives examples of the Expenses in clause 20 of the Mortgage Conditions.
Facility Agreement. The Facility Agreement dated DATE and all existing or future agreements, documents, arrangements or relationships (whether documented in writing or not) by which the Lender make facilities available to the Mortgagor or under which the Mortgagor owes to the Lender any money, obligation or liability (or if there is more than one person named as Mortgagor, only those facilities made available by the Lender to, or money, obligation or liability owing to the Lender by, those persons jointly).