Rbs The Royal Bank Of Scotland Plc - Mortgage Deed

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The Royal Bank of Scotland plc – Mortgage Deed
THIS IS AN IMPORTANT DOCUMENT. YOU ARE STRONGLY ADVISED TO TAKE INDEPENDENT LEGAL
ADVICE FROM A SOLICITOR, LICENSED CONVEYANCER OR LEGAL EXECUTIVE BEFORE SIGNING. SIGN
ONLY IF YOU WANT TO BE LEGALLY BOUND. IF YOU SIGN AND THE BANK IS NOT PAID YOU MAY
LOSE THE PROPERTY CHARGED.
IN THE CASE OF REGISTERED LAND THIS DOCUMENT AND ANY PRIORITY AGREEMENT WITH ANY
OTHER LENDER WILL BE PUBLIC DOCUMENTS.
Date:
Definitions
Customer:
Bank: The Royal Bank of Scotland plc. Company Number SC90312
Interest: Interest at the rate(s) charged to the Customer by the Bank from time to time
Property:
Title Number
Customer's Obligations: All the Customer's liabilities to the Bank of any kind (whether present or future, actual or
contingent and whether incurred alone or jointly with another) together with the Bank's charges and commission, Interest
and Expenses.
Expenses: All expenses incurred by the Bank at any time in connection with the Property or the Customer's Obligations
or in taking or perfecting this deed or in preserving, defending or enforcing the security created by this deed or in
exercising any power under this deed or otherwise with Interest from the date they are incurred.
Mortgage
1.1 The Customer will discharge on demand the Customer's Obligations and as a continuing security for such discharge,
and with full title guarantee, charges to the Bank by way of legal mortgage of all legal interests and otherwise by way of
fixed charge the Property (to the full extent of the Customer's interest in the Property or its proceeds of sale) and the
proceeds of any insurance from time to time affecting the Property.
1.2 The Bank will not issue a demand under Clause 1.1 unless the Customer is in breach of any of the Customer's
Obligations.
Repair, Alteration and Insurance
2.1 The Customer will keep the Property in good condition and comprehensivel y insured to the Bank's reasonable
satisfaction for its full reinstatement cost and in default the Bank (without becoming liable to account as mortgagee in
possession) may enter and repair or insure the Property.
2.2 The Customer will not, without the prior written consent of the Bank, make any alteration to the Property which
would require planning permission or approval under any building regulations.
2.3 The Customer will hold in trust for the Bank all money received under any insurance of the Property and, at the
Bank's option, will apply the same in making good the relevant loss or damage or in or towards discharge of the
Customer's Obligations.
Outgoings and Leasehold Property
3 The Customer will pay all outgoings affecting the Property and, if the Property is leasehold, will pay the rent and
service charge (if any) and comply with the terms of the lease.
Restrictions on Charging, Leasing, Disposing and Parting with possession
4.1 The Customer will not without the Bank's prior written consent:-
Form of charge filed at H M Land Registry under reference MD683S

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