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1. 1. Parties: Details of original borrower, assuming borrower, and lender
2. 2. Background: Original mortgage details and circumstances of assumption
3. 3. Definitions: Key terms used throughout the document
4. 4. Property Details: Legal description and address of mortgaged property
5. 5. Assumption Terms: Core terms of mortgage assumption
6. 6. Financial Obligations: Payment terms, interest rates, and outstanding balance
7. 7. Representations and Warranties: Statements of fact by assuming borrower
8. 8. Execution: Signature blocks and witnessing requirements
1. Additional Security: Additional security provisions when required by the assuming borrower
2. Guarantor Provisions: Terms relating to guarantors when a guarantor is involved in the assumption
3. Insurance Requirements: Specific insurance obligations when special insurance requirements exist
1. Schedule 1 - Original Mortgage Details: Copy or summary of original mortgage agreement
2. Schedule 2 - Property Information: Detailed property description and title information
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment obligations
4. Appendix A - Required Notices: Copies of notices required by law or regulation
5. Appendix B - Consent Documents: Original lender's consent and related documentation
Assumption Date
Assuming Borrower
Original Borrower
Lender
Original Mortgage
Mortgage Terms
Property
Outstanding Balance
Interest Rate
Payment Schedule
Security
Completion Date
Effective Date
Encumbrances
Default
Repayment Terms
Title Documents
Working Day
Representations and Warranties
Mortgage Account
Land Registry
Guarantor
Monthly Payment
Term
Permitted Use
Transfer Date
Mortgage Deed
Applicable Law
Consent
Assignment
Assumption of Obligations
Payment Terms
Property Details
Security
Insurance
Default
Representations and Warranties
Covenants
Conditions Precedent
Notices
Amendments
Liability
Consent Requirements
Title Transfer
Registration
Costs and Expenses
Indemnification
Further Assurance
Severability
Governing Law
Jurisdiction
Entire Agreement
Counterparts
Force Majeure
Data Protection
Successors and Assigns
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