Power of Attorney Enclosed Letter

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Power of Attorney Enclosed Letter Powered By Docstoc
					                                                     Facility Disbursement                         WITH EFFECT 26/10/2009
                                                                                                   CASHIER'S ORDER COLLECTION
Date :                                                                                             AT LOAN ADMINISTRATION
Our ref :                                                                                          31 Tampines Avenue 4 #01-01/03
                                                                                                   OCBC Tampines Centre Two
Your ref :
                                                                                                   Singapore 529680
           Small Business Loan
To :      Oversea-Chinese Banking Corporation Ltd ("the Bank")
          105 Cecil Street #14-00 The Octagon Singapore 069534
       First Disbursement

         Progresssive Disbursement                             DISBURSEMENT DATE :


Borrower(s):

Mortgagor(s) :

Guarantor(s)

Mortgaged Property:




We refer to the Bank's Letter of Offer and Supplemental Letter of Offer (if any) dated
("Letter of Offer").
We confirm that (i) all security documents referred to in the Bank's Letter of Offer have been executed by the
Borrower(s)/Mortgagor(s)/ Guarantor(s)/3rd party security provider(s), (ii) all search results (inclusive of Cause Book,
Bankruptcy and Title searches) on the mortgaged property and Borrower(s)/Mortgagor(s)/Guarantor(s)/3rd party security
provider(s) are satisfactory and (iii) the conditions precedent in the Bank’s Letter of Offer and Terms and Conditions
Governing Mortgage Loans have been fulfilled. It is therefore in order for the Bank to disburse the facility(ies).
           We confirm that the Mortgagor(s) has paid to the Developer/Seller(s) of the Mortgaged Property the difference
           between the purchase price of the Mortgaged Property and the amount of the Facility granted by OCBC.

           A copy of the Architect's Certificate certifying completion of works under clause
           of the Sale and Purchase Agreement is enclosed.

           We confirm MCST will be formed later/has been formed (applicable to Request for 1st disbursement and/or TOP
           stage Disbursement).

           We confirm MCST is not applicable.

           We confirm that the outstanding facilities with present financier as at
           is $                                     . A copy of the redemption statement is enclosed.
           We shall notify you of any change in such amount prior to completion.

Please disburse                                                              Please ensure that the total amount of the disbursement requests
                                                                             on the left matches the amount total of the Cashiers' Order(s) &
Please Specify:-                                 $                           account crediting requests below.

Please Specify:-                                 $                                 Total disbursement requests (left)      $0.00

Please Specify:-                                 $                               Total disbursement requests (below)       $0.00

in accordance with the order of disbursement as stated in the Letter of Offer in the following manner on the disbursement
date as stated above:-




                                                                                                                                Page: 1 / 10
Please let us have the Cashiers' Order:-
                  (1) $                            in favour of

                  (2) $                            in favour of

                  (3) $                            in favour of

                  (4) $                            in favour of

                  (5) $                            in favour of

Please avail / credit                       $                     (applicable only to Overdraft and Term Loan (5th Charge))
to OCBC account no                                                as requested by the Borrower(s).

            We enclose the Borrower(s)' letter of authorisation to disburse the above Term Loan (5th Charge) to third party.

Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No. :

For Bank's Use
To Loan Administration, Loan Operations:                                                 R:   %
       TOP/CSC Date : __________________________________
            Others : _________________________________________
            For your necessary action on *

Loan Operations Small Business Loan:
Processed by:
Form: OCBC_SBL_ Facility Disbursement 03012011                    Windows (32-bit) NT 6.00              12.0     Automatic




                                                                                                                         Page: 2 / 10
                                                                                                                             [To be provided in triplicate]
                                               Execution of Legal Documents (Mortgage)
Date :

Our ref :

Your ref :


             Small Business Loan
To :         Oversea-Chinese Banking Corporation Ltd ("the Bank")
            105 Cecil Street #14-00 The Octagon Singapore 069534

Borrower(s):


Mortgagor(s) :


Mortgaged Property:




We refer to the above matter.

We enclose the following document(s) which we confirm is/are in order for the Bank's execution and return:-

   (1)       Please Select Document:-

   (2)       Please Select Document:-

   (3)       Please Select Document:-

   (4)        Other documents, please list:



We confirm that all requisite security documents referred to in the Letter of Offer have been executed by:-

             Mortgagor(s) / Borrower(s) / guarantor(s) / 3rd party security providers

             Mortgagor(s)' / Borrower(s)' / guarantor(s)' / 3rd party security provider's Attorney, and

             we confirm that the Power of Attorney dated                                                  is in order, and

             empowers the Attorney to execute the same.

             A copy of the said Power of Attorney and the Attorney's identification document are enclosed.


Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No. :




                                                                                                                                            Page: 3 / 10
Date :
Our ref :                 0
Your ref :                0
To:

Address:




             We return the following document(s) duly executed by the Bank's Attorney                                                                      .
             Please refer to our website         (http://www.ocbc.com/me/loans/legaldoc.shtm)            for the particulars of the Power of Attorney.

                          Mortgage/ Mortgage (in duplicate)

                          Confirmation of Priority Arrangements (in duplicate)

                          Deed / Instrument of Postponement

                          Other documents, please list:




             We return the following document(s) for amendments to be made by you as indicated by us in pencil in the respective document(s) and
             return to us thereafter for execution:

                          Mortgage / Mortgage (in duplicate)

                          Confirmation of Priority Arrangements (in duplicate)

                          Deed of Arrangement

                          Deed / Instrument of Postponement

                          Other documents, please list:




Yours faithfully,




                         For Oversea-Chinese Banking Corporation Ltd

For Bank's Use




Form: OCBC_SBL_ Execution of Legal Docs (Mortgage)03012011                    Windows (32-bit) NT 6.00                 12.0         Automatic




                                                                                                                                            Page: 4 / 10
                                                                                                                                                  [To be provided in triplicate]
                                                                   Safe-Keeping of Title Deeds
Date :
Our ref :
Your ref :


             Small Business Loan
To :         Oversea-Chinese Banking Corporation Ltd ("the Bank")
             105 Cecil Street #14-00 The Octagon Singapore 069534

Borrower(s):


Mortgagor(s) :


Mortgaged Property:




                                                                                                                              For Bank's Use
We forward herewith the following title deeds and documents relating to the Mortgaged Property which we confirm are in        We return the following document(s) for
order for the Bank's safekeeping:-                                                                                            amendments to be made by you as
                                                                                                                              indicated by us in pencil in the respective
                                     Document                                            Date               Registration No   document(s) and return to us thereafter for
                                                                                                                              our safekeeping:-

             Please Select Document:-
                                                                                                                               o    Document as stated on the left
             with original Certificate of Stamp Duty (where applicable)
             Deed of Assignment with original Certificate of Stamp Duty                                                        o    Document as stated on the left

             Please Select Document:-                                                                                          o    Document as stated on the left

             Assignment of Rental Proceeds with original Certifcate of Stamp
             duty                                                                                                              o    Document as stated on the left

             Lease No.                                                                                                         o    Document as stated on the left


             Agreement to Lease with Original Certificate of Stamp Duty                                                        o    Document as stated on the left

             Charge including email confirmation (applicable for Pte Ltd Co)                                                   o    Document as stated on the left

             Please Select Document:-                                                                                          o    Document as stated on the left

                                                               of Postponement
             Instrument
                                                                                                                               o    Document as stated on the left
             Original

             Please Select Document:-
                                                                                                                               o    Document as stated on the left
             with original Certificate of Stamp Duty (where applicable)
             Other Documents as listed in the Schedule of Title Deeds
             attached                                                                                                          o    Document as stated on the left


Total Number of Documents                                                                                                     Please acknowledge receipt of the above by
                                                                                                                              signing and returning a duplicate copy of
             We enclose our original bill (addressed to OCBC) for payment                                                     this Letter.
             of legal subsidy.
             The security documents have been executed by Mortgagor(s)' / Borrower(s)' / guarantor(s)' / 3rd party
             security provider's Attorney, and we confirm that the Power of Attorney dated
             is in order, and empowers the Attorney to execute the same.
             A copy of the said Power of Attorney and the Attorney's identification document are enclosed.
Please acknowledge receipt of the above by signing and returning a duplicate copy of this Letter.

Yours faithfully,                                                                                                             Yours faithfully,




                                                                                                                              For Oversea-Chinese Banking Corporation Ltd
Solicitor In Charge :                                                                                                         Name :
Name of Law Firm :                                                                                                            Date :
DID/Fax No. :

For Bank's Use
             5th Charge loan to be disbursed?                   Yes / No

             Updated SK Module?                                 Yes / No

             Documents complete?                 Yes (any legal fees o/s? Yes/No) / No

Form: OCBC_SBL_ Safe-Keeping of Title Deeds 03012011                             Windows (32-bit) NT 6.00                           12.0                   Automatic


                                                                                                                                                                         Page: 5 / 10
                                                                                                                               [To be provided in triplicate]
                                                         Release of Documents
Date :

Our ref :

Your ref :


             Small Business Loan
To :         Oversea-Chinese Banking Corporation Ltd ("the Bank")
             105 Cecil Street #14-00 The Octagon Singapore 069534

Borrower(s):


Mortgagor(s) :


Mortgaged Property:




Please release the following documents to us for us to perfect the Mortgage-in-escrow:

             Mortgage-in-escrow

             Mortgage-in-escrow (in duplicate)

             Deed of Assignment dated                                                         with Original Certificate of Stamp duty (where applicable)

             Other documents, please list:




Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No. :


Undertaking
To : M/s

We forward the above documents duly executed (where applicable) by the Bank's Attorney __________________________________________ on
your undertaking to perfect the above mentioned Mortgage-in-escrow and to complete the matter in our favour. Please refer to our website
(http://www.ocbc.com/me/loans/legaldoc.shtm) for the particulars of the Power of Attorney.

Please acknowledge receipt.

Yours faithfully,




                        For Oversea-Chinese Banking Corporation Ltd

For Bank's Use
To Custodian :           Pls release the abovementioned document(s) in (*) to us.




Loan Operations_Small Business Loan:
Processed by:

Form: OCBC_SBL_ Release of Documents03012011                              Windows (32-bit) NT 6.00                      12.0           Automatic




                                                                                                                                                      Page: 6 / 10
                        Notice of Redemption / Request for Revised Redemption Statement
Date :

Our ref :

Your ref :


             Small Business Loan
To :         Oversea-Chinese Banking Corporation Ltd ("the Bank")
            105 Cecil Street #14-00 The Octagon Singapore 069534

Borrower(s):


Mortgagor(s) :


Mortgaged Property:




(1) Notice of Redemption

We act for the Mortgagor(s)/Borrower(s) in the redemption of the Mortgaged Property.

We have been instructed by the Mortgagor(s)/Borrower(s) to and do hereby give you notice of the Mortgagor(s)'s/Borrower(s)'s intention

to redeem the mortgage of the Mortgaged Property on

Kindly let us have the title deeds and redemption statement as soon as possible

Remarks (if any) :-




(2) Request for Revised Redemption Statement
             The Mortgagor(s)/Borrower(s) wish to reschedule the redemption date of the Mortagaged Property to

             Please let us have a revised redemption statement.

             Please let us have an updated redemption statement.

Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No. :

For Bank's Use
To: Loan Administration, Loan Operations                                                      Loan No(s).

             Please forward revised statement as of
             Please include the following in the redemption statement:
             Legal Fee Subsidy                                $
             Valuation Fee Subsidy                            $
             Administration fees                              $
             Fire Insurance Premium                           $
             Penalty Charge                                   $
             Others                                           $
Loan Operations -Small Business Loan:
Updated Redemption Module on rescheduled date?                    Yes / No

Processed by:
Form: OCBC _SBL_Ntc of Redem of Rqst Rev Rdem Stmt 03012011                  Windows (32-bit) NT 6.00               12.0        Automatic




                                                                                                                                            Page: 7 / 10
                                                                                                                         [To be provided in triplicate]
                                        Execution of Legal Documents (Redemption)
Date :

Our ref :

Your ref :

             Small Business Loan
To :         Oversea-Chinese Banking Corporation Ltd ("the Bank")
            105 Cecil Street #14-00 The Octagon Singapore 069534


Borrower(s):


Mortgagor(s) :


Mortgaged Property:




We enclose the following document(s) which we confirm is/are in order for the Bank's execution and return:-

             Total Discharge of Mortgage

             Deed of Reassignment

             Statement of Satisfaction of Registered Charge

             Other documents, please list:



We enclose the following :-
             Copy of recent title search (conducted not more than 3 months ago) made on Mortgaged Property or Certificate of Title / Subsidiary
             Strata Certificate of Title / Subsidiary Certificate of Title / Lease.

             Copy of Mortgage(s) (other than Mortgage to be discharged) / Variation of Mortgage(s).

Please return the discharge documents for Completion which has been scheduled on                                                .


We undertake not to release the above discharge document until we have received all redemption monies owing and payable to the Bank under
the Mortgage.

Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No. :




                                                                                                                                          Page: 8 / 10
Date :
Our ref :                 0
Your ref :                0
To:

Address:



We return the above discharge documents on your above undertaking. The discharge document was executed by the Bank's Attorney
                                       . Please refer to our website    (http://www.ocbc.com/me/loans/legaldoc.shtm) for the
particulars of the Power of Attorney.



             Please confirm in writing the TDM Registration Particulars within one week of registration (To confirm only if this item is checked).


Please acknowledge receipt.

Yours faithfully,




                       For Oversea-Chinese Banking Corporation Ltd

For Bank's Use




Form: OCBC_SBL_Execution of Legal Docs (Mortgage) 03012011                    Windows (32-bit) NT 6.00                  12.0        Automatic




                                                                                                                                                Page: 9 / 10
                                                          Redemption Repayment
Date :
Our ref :
Your ref :
     Small Business Loan
To : Oversea-Chinese Banking Corporation Ltd ("the Bank")
          105 Cecil Street #14-00 The Octagon Singapore 069534



Borrower(s):

Mortgagor(s) :

Mortgaged Property:




We refer to the above matter.
We have confirmed with the Bank today that the amount required for redemption is $
          We forward herewith the sum of              $                       comprising of             Cashier's Orders

being :
          monies payable to fully settle the loan facilities secured by the above mortgaged property.
          part of the Redemption sum payable and the balance to be debited from the customers' OCBC account as instructed earlier.

Kindly refund the excess redemption monies (if any) as per instructions below:
          To issue a Cashier's Order in favour of
          To credit the monies to OCBC account no.

Yours faithfully,




Solicitor In Charge :
Name of Law Firm :
DID/Fax No.:

For Bank's Use


Form: OCBC _SBL_ Rpmt of Redemption Monies 03012011                          Windows (32-bit) NT 6.00              12.0    Automatic




                                                                                                                                       Page: 10 / 10

				
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