Letter Of Mortgage Template for Indonesia

1. Third Party Consent: Required when the property involves spousal rights or other third-party interests

2. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required

3. Special Payment Arrangements: Used when there are specific payment terms or conditions

4. Property Use Conditions: When there are specific restrictions or conditions on property use during the mortgage period

5. Power of Attorney: When specific powers are granted to the mortgagee for certain actions

6. Environmental Clauses: Required for properties with potential environmental concerns or obligations

1. Property Description Schedule: Detailed technical description of the property, including maps, certificates, and land measurements

2. Payment Schedule: Detailed breakdown of payment obligations, including principal and interest payments

3. Property Documents: Copies of land certificates, building permits, and other relevant property documentation

4. Insurance Certificates: Copies of required insurance policies and certificates

5. Valuation Report: Professional valuation report of the mortgaged property

6. Prior Encumbrances: List of any existing encumbrances or rights affecting the property