Third Schedule, The Home Mortgage Finance Act, 2009

Section 9 Demand Notice (On Mortgagee’s Letterhead) Dear Sir/Madam, MORTGAGE DEMAND NOTE We refer to: 1. The [Mortgage Agreement) dated ( )entered into between ( ) and the( ) for total amount of ( ) in respect of which there is a current outstanding indebtedness of ( ) plus interest of ( )making a total of ( ) 2. The notification of default dated [ ] Notwithstanding the above, as at [date] the amount outstanding remains unpaid. We hereby issue this demand, in accordance with section 9(1) of the Home Mortgage Finance Act, 2007 and Clause ( ) of the Mortgage Agreement] for the immediate payment of the amount outstanding plus interest, from you as primary obligor, within seven (7) days of the date of this letter. Please note that if a settlement of the arrears is not made within the stipulated time and no arrangement is entered with (the financial institution] for the settlement of the amount outstanding, we shall be entitled to exercise our rights against you in accordance with sections 10-12 of the Home Mortgage Finance Act, 2007. Please be advised accordingly. Signed: ................................................................................................. Date