Eln 1461613

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Macquarie Leasing Pty Limited

ABN 38 002 674 982


1 Shelley Street Telephone 1300 368 908
SYDNEY NSW 2000 Settlements Facsimile 02 8232 7903 or 02 8232 7770
Settlements Email: mcafleasingsett@macquarie.com

22 January,2018

The Secretary

P & S AUSTRALIA PTY LTD


109 BENTINCK ST
BATHURST
NSW 2795

Dear Sir/Madam,

This letter is about your proposed Chattel Mortgage.

We enclose the Chattel Mortgage Terms and Conditions, and associated documents. If the documents are
satisfactory could you please complete the following steps:
• Read all documents including the Chattel Mortgage Terms and Conditions carefully. The Chattel Mortgage
Particulars are incorporated in and form a part of the Chattel Mortgage.
• Borrower to sign the Particulars. Signatures need to be witnessed by an independent adult. Where the
Borrower is a company, the Particulars must be signed by the company’s director and secretary. (Where a
Common Seal is used please check the seal to make sure the A.C.N./A.R.B.N. is included).
• Borrower(s) (and Guarantor(s) where applicable) to sign the attached Privacy Act Authority so that we can
obtain credit information.
• Borrower to complete the Direct Debit Authority.
• Complete any other documents that are attached.
• Your initial payment can be collected by direct debit. To elect this option could you please tick the box
located on the direct debit request or alternatively please include a cheque payable to Macquarie Leasing
Pty Limited for $957.95. This payment includes the first instalment and miscellaneous costs.
• Supply a copy of the insurance policy for the goods (or certificate of currency if the policy has not as yet
issued) containing the following details:
(a) Name of Insurance Company;
(b) Policy Number;
(c) $ Amount of cover; and
(d) Expiry Date.
Check that the insurance policy records Macquarie Leasing Pty Limited interest in the goods as financier.
When you have signed and returned all documents the Chattel Mortgage will be submitted for acceptance. The
Chattel Mortgage will not commence until it has been accepted. Acceptance will occur when we sign the
Particulars.

Account enquiries should be directed to PO Box H94, AUSTRALIA SQUARE, NSW 1215 or by Phone on 1300
368 908.

Thank you for the opportunity of doing business with you.

Yours faithfully

Nick O'Neill
Macquarie Leasing Pty Limited

Macquarie Leasing Pty Ltd is not an authorised deposit-taking institution for the purposes of the Banking Act (Commonwealth of Australia)
1959, and Macquarie Leasing Pty Ltd's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583
542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Leasing Pty Ltd.
“A”

CHATTEL
MORTGAGE

PARTICULARS AND TAX INVOICE

1. Mortgagee

Name Macquarie Leasing Pty Limited


ACN 002 674 982
ABN 38 002 674 982
Address 1 Shelley Street
Sydney
NSW 2000

2. Borrower

Name P & S AUSTRALIA PTY LTD

A.C.N. 135728577

Address 109 BENTINCK ST


BATHURST
NSW 2795

3. Guarantor

Name PRANEE SAVETSILA


17 Dunrossil Cres
Address West Bathurst
NSW 2795
Date of birth 27/10/1965

Email ESAVETSILA.ST@HOTMAIL.COM

Application ID: ELN1461613


Version Num: 2
Name EAKKASIDD SAVETSILA
17 Dunrossil Cres
Address West Bathurst
NSW 2795
Date of birth 5/07/1991

Email

Name SA-NGUAN NONGKU


8 Murdoch Pl
Address Kelso
NSW 2795
Date of birth 30/09/1961

Email

4. Premises (where Goods are usually kept or housed)


109 Bentinck St, Bathurst, NSW, 2795
NSW

5. Goods – Full Description

Description: One only Demo KIA STINGER GT (BLACK LEATHER) CK


MY18 (344) SEDAN

Reg No: DSE63V

VIN(if no VIN, KNAE551CMJ6006722


Chassis No, or if
no VIN or
Chassis No.,
Manufacturer
No.):

Engine No: G6DPHA912650

6. Loan – Dollar Amount

$48,808.50

7. Overdue Rate
The Overdue Rate is 9.85% per annum

8. Discount Rate

The Discount Rate is 1.85% per annum

Application ID: ELN1461613


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9. Repayment Instalments

1. 60 instalments of $957.95
payable monthly commencing on the ___ day of __________________, 20____

10. Fees
The following fees and charges may become payable by you and may be debited to
your loan account at the time specified below. If no time is specified below, the
amount is payable and may be debited to your loan account when it is incurred (if it is
a fee payable to a third party), or when the relevant event occurs (in all other cases):

Fees and charges Date payable Amount payable

Document Fee On or before the commencement date $1,130.00


of this Chattel Mortgage

Administration Fee Debited monthly $8.10

Application ID: ELN1461613


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EXECUTED by the Borrower on the of , 20 .
EXECUTED by P & S AUSTRALIA PTY LTD in accordance with section 127 of the Corporations Act
2001:

.................................................... ....................................................
#Director / Company Secretary / Sole Director Director
and Sole Company Secretary

................................................................. .........................................................
Name of Director / Company Secretary Name of Director (BLOCK LETTERS)
(BLOCK LETTERS)

#STRIKE OUT INAPPLICABLE TITLE OF OFFICE HOLDER

Mortgagee
OFFICE USE ONLY
by its Authorised Officer:

Application ID: ELN1461613


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WARNING TO GUARANTORS – BEWARE
Guarantors – be aware that these Particulars and the attached Terms and Conditions
constitute a very important document. It is both a guarantee and indemnity to us in respect of the
Borrower’s obligations. You should read it carefully to ensure that you clearly understand your
obligations under it.
If you don’t understand any part of it then you should not sign it until you first see your own solicitor
and have it explained to you. By signing this document you acknowledge that you have read and
understand your obligations under it. As you will be liable to pay the Borrower’s debt to us, we also
recommend that you get full details from the Borrower of the Borrower’s financial position. If you have
given us a mortgage you may lose the property over which the mortgage has been given if we enforce
our rights against you under the guarantee and the mortgage.
Finally, you should also be aware that if the Borrower is a minor you may not have a right to recover
from the Borrower amounts that you pay under this guarantee and indemnity.
EXECUTED by the Guarantor on the of , 20 .

Signed by the Guarantors

…………………………
Signature of Guarantor

PRANEE SAVETSILA
Name of Guarantor

…………………………
Occupation of Guarantor

17 Dunrossil Cres
West Bathurst
NSW 2795
Address of Guarantor

In the presence of

…………………………
Signature of Witness

…………………………
Name of Witness

…………………………
Occupation of Witness

…………………………
Address of Witness

Application ID: ELN1461613


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Signed by the Guarantors

…………………………
Signature of Guarantor

EAKKASIDD SAVETSILA
Name of Guarantor

…………………………
Occupation of Guarantor

17 Dunrossil Cres
West Bathurst
NSW 2795
Address of Guarantor

In the presence of

…………………………
Signature of Witness

…………………………
Name of Witness

…………………………
Occupation of Witness

…………………………
Address of Witness

Application ID: ELN1461613


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Signed by the Guarantors

…………………………
Signature of Guarantor

SA-NGUAN NONGKU
Name of Guarantor

…………………………
Occupation of Guarantor

8 Murdoch Pl
Kelso
NSW 2795
Address of Guarantor

In the presence of

…………………………
Signature of Witness

…………………………
Name of Witness

…………………………
Occupation of Witness

…………………………
Address of Witness

Application ID: ELN1461613


Version Num: 2
CHATTEL MORTGAGE

SETTLEMENT / DISBURSEMENT AUTHORITY

To: Macquarie Leasing Pty Limited


1 Shelley Street
Sydney
NSW 2000

Re: Name of P & S AUSTRALIA PTY LTD


Borrower
Mortgage $48,808.50
Amount

Description Description: One only Demo KIA STINGER GT (BLACK


of Security LEATHER) CK MY18 (344) SEDAN
Reg No: DSE63V
VIN(if no VIN, Chassis No, or KNAE551CMJ6006722
if no VIN or Chassis No.,
Manufacturer No.):
Engine No: G6DPHA912650

With reference to the Chattel Mortgage between the borrower and Macquarie Leasing Pty Ltd referred
to above, I/We hereby authorise and instruct Macquarie Leasing Pty Ltd to pay/disburse the loan
proceeds as follows:-

Payee Amount

Thomson Kia (Western Region Automotive Pty Ltd) $47,678.50

Macquarie Leasing Pty Limited $1,130.00

_____________________________ ______________________________
Signature/Authorised Signature Signature/Authorised Signature

_____________________________ ______________________________
Signature/Authorised Signature Signature/Authorised Signature

Date:………./………./……….

Application ID: ELN1461613


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TERMS AND CONDITIONS OF CHATTEL MORTGAGE

1. Definitions

1.1 In these Terms and Conditions unless the context otherwise requires:

(1) “Authorised Officer” means any director or secretary of us, any person whose title
includes the term manager, and any other person from time to time designated by us
as an Authorised Officer;

(2) “Break Fee” means the amount of loss suffered by us as a result of the termination of
this Chattel Mortgage or any pre-payment of some or all of the amounts payable
under this Chattel Mortgage, calculated as follows:

(a) the Present Value calculated at that date, of each Repayment Instalment
which has not then accrued due but would have accrued due if this Chattel
Mortgage had continued for the remainder of the term, using the Implicit Rate
minus the Mortgagees funding rate on the date of purchasing the Goods plus
the Mortgagees funding rate at the date of termination or pre-payment; minus

(b) the Present Value calculated at that date, of each Repayment Instalment
which has not then accrued due but would have accrued due if this Chattel
Mortgage had continued for the remainder of the term, using the Implicit Rate;

You may obtain details of the method of calculation utilised by us on request.

(3) “Business Day” means a day on which we are open for general business in the
capital city of the State;

(4) “Chattel Mortgage” means the Chattel Mortgage as constituted by the Particulars
and these Terms and Conditions;

(5) “Collateral Security” means any Encumbrance (other than this Chattel Mortgage)
taken by us to secure all or any of your obligations under this Chattel Mortgage and
includes any guarantee of your obligations under this Chattel Mortgage or any
security taken to secure such guarantee;

(6) “Corporations Act” means the Corporations Act 2001 (Cth).

(7) “Discount Rate” means the discount rate referred to in the Particulars;

(8) “Electronic Address” means:

(a) any facsimile number;

(b) any mobile phone number or other telephone that can receive short message
service (SMS) messages; and

(c) any email address

as specified in the Particulars or otherwise notified to us in any other document


provided to us in connection with this Chattel Mortgage, or such amended electronic
address as may be notified to us from time to time in writing.

(9) “Encumbrance” means:

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(a) any mortgage, charge, lien, pledge, hypothecation, bill of sale, assignment,
title retention arrangement, trust or power held as security, or other interest
securing the payment of money or performance of any obligation of any
person or any other agreement, notice or arrangement having a similar effect;

(b) a right, interest or an arrangement which has the effect of giving another
person a preference, priority or advantage over creditors including any right of
set-off;

(c) third party right or interest or any right arising as a consequence of the
enforcement of a judgment; or

(d) a PPSA Security Interest;

(10) “Events of Default” means those events of default listed in clause 12.2.

(11) “Fees” means those fees listed in the Particulars and in clause 3.5 of this Chattel
Mortgage, and any other fees imposed from time to time by us in relation to
agreements of a type similar to this Chattel Mortgage and without limiting that
provision it includes fees relating to the entering into, administration, collection,
enforcement or termination of this Chattel Mortgage;

(12) “Final Date” means the date the last Repayment Instalment is scheduled to be due
and payable under this Chattel Mortgage.

(13) “Government Agency” means any government or governmental, semi governmental


or judicial entity or authority in any state, country or other jurisdiction, including any
self-regulatory organisation established under a statute or stock exchange;

(14) “Guarantee” means any guarantee and/or indemnity given by a Guarantor;

(15) “Guarantor” means each person who has guaranteed your obligations under this
Chattel Mortgage and includes any Guarantor referred to in the Particulars and if
there is more than 1 Guarantor means the Guarantors collectively and each of them
separately;

(16) “Implicit Rate” means the rate used by the Mortgagee for the purposes of calculating
the total Repayment Instalments payable under this Chattel Mortgage;

(17) “Particulars” means the Particulars to which these Terms and Conditions are
attached;

(18) “PPS Act” means the Personal Property Securities Act 2009 (Cth);

(19) “PPS Law” means:

(a) the PPS Act and regulations made under the PPS Act; and

(b) any amendment made to any other legislation as a consequence of a PPS


Law referred to in paragraph (a), including, without limitation, amendments to
the Corporations Act;

(20) “PPSA Security Interest” means anything that is defined to be a ‘security interest’
under a PPS Law;

(21) “Present Value” means an amount calculated in accordance with clause 1.14 of this
Chattel Mortgage;

(22) “Secured Money” means:

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(a) the Loan; and

(b) any other money owing by you to us on any account whatsoever (whether
alone or jointly with any other party);

(23) “State” means the State or Territory of our address shown in the Particulars;

(24) “Taxes” means taxes, import duties, levies, charges, fees, withholdings and
deductions of every description imposed by statute or any government, governmental
or fiscal authority (including stamp duty, bank account debits tax, transaction duties
and goods and services tax) together with interest penalties, fines and expenses
relating to them but does not include income tax on the overall net income of a tax
payer or an amount that would cause a provision of this document to be void by virtue
of any applicable legislation;

(25) “Termination Amount” means an amount being the total of:

(a) the sum of the Present Value calculated at the date of termination of this
Chattel Mortgage of each Repayment Instalment which has not then accrued
due but which would have accrued if this Chattel Mortgage had not been
terminated;

(b) all Repayment Instalments which have accrued due at the date of
termination of this Chattel Mortgage but which are then unpaid;

(c) interest calculated as provided for in clause 3.5; and

(d) all other monies owing under or in respect of this Chattel Mortgage.

(26) “You” means the Borrower specified in the Particulars and its executors,
administrators or successor and if there is more than 1 Borrower means the
Borrowers collectively and each of them separately. “Your” has a corresponding
meaning; and

(27) “We” or “us” means the Mortgagee and its successors and assigns. “Our” has a
corresponding meaning.

1.2 Each term referred to in the Particulars has, subject to the succeeding paragraphs, the
meaning given to it in those Particulars.

1.3 The Goods means the goods referred to in the Particulars together with:

(1) any software and accessories installed on those Goods and manuals, log-books,
maintenance records and licences held in conjunction with those Goods; and

(2) any additions to or goods acquired in substitute for the Goods described in the
Particulars.

1.4 If there is more than one Borrower named in this Chattel Mortgage then the liability of each of
them is joint and several.

1.5 If there is more than 1 Guarantor then the liability of each Guarantor is joint and several.

1.6 References to statute include all regulations and other instruments under that statute and all
consolidations, amendments and re-enactments or replacements of that statute.

1.7 References to the singular include references to the plural and vice versa.

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1.8 Reference to one gender includes any other gender.

1.9 Reference to a person includes a reference to an individual, a person, a trust, partnership,


joint venture and incorporated association, a corporation or an authority as the case may be.

1.10 Reference to month means a calendar month.

1.11 Where any matter or thing is required to be done by you on a day which is not a Business
Day, then the act must be done on the preceding day which is a Business Day.

1.12 Headings are incorporated for convenience only and do not effect the interpretation of these
Terms and Conditions.

1.13 If any provision of this Chattel Mortgage is or becomes invalid, illegal or unenforceable in any
respect under any law, the validity, legality or enforceability of the remaining provisions is not
affected or impaired.

1.14 Present Value of any amount is calculated by discounting that amount on a monthly basis at
the Discount Rate for the period of whole months by which that amount is brought forward. All
calculations in relation to this Chattel Mortgage including Present Values are made on a
compounding monthly rate of return basis regardless of the actual payment period.

1.15 Unless the contrary intention appears, reference in this Chattel Mortgage to “chattel paper”,
“commercial property”, “financing change statement”, “financing statement”, “inventory”,
“proceeds” and “verification statement” have the respective meanings given to them under the
PPS Act.

1.16 Nothing in this Chattel Mortgage is to be construed as:

(1) an agreement that an Encumbrance provided for by this Chattel Mortgage attaches at
a later time then the time specified in section 19(2) of the PPS Act; or

(2) an agreement to subordinate an Encumbrance provided for by this Chattel Mortgage


in favour of any person.

2. Mortgage of Goods

2.1 As security to us for the payment of the Secured Money and the performance by you of your
obligations under this Chattel Mortgage you, as beneficial and legal owner, transfer to us by
way of mortgage all your present and future right, title and interest in the Goods.

2.2 You agree that you will, immediately when we ask you to do so, sign all documents necessary
to perfect the transfer of the Goods to us.

2.3 If you do not have legal title to the Goods at the time this Chattel Mortgage is signed then the
legal title vests in us immediately on happening of any of the following:

(1) the delivery or invoicing or installation of the Goods or any part of the Goods to you or
as you direct;

(2) the use of the Goods or any part of the Goods by you or any other person with your
consent or acquiescence;

(3) the attachment of the Goods or any part of the Goods to premises you occupy;

(4) any other act or conduct by you acknowledging this Chattel Mortgage; or

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(5) payment to us by you or on your behalf of any part of the Secured Money.

2.4 The mortgage created by clause 2.1 constitutes a PPSA Security Interest and extends to all
proceeds of the Goods.

2.5 The mortgage created by clause 2.1 is effective and attaches to the Goods:

(1) when you sign this Chattel Mortgage; or

(2) immediately after you acquire any right or interest in the Goods, if you have not
acquired the Goods when you sign this Chattel Mortgage.

2.6 If we ask, you must deposit with us any documents of title (including chattel papers) relating to
the Goods or other documents which evidence your rights in the Goods.

2.7 If you comply with all of the terms of this Chattel Mortgage and pay to us all of the Secured
Money and if you ask us to do so then we must at your cost reassign the Goods (or the part of
the Goods that is then vested in us) to you or as you direct (subject nevertheless to all
deteriorations and losses in the meantime).

3. Payment of Interest and Repayment of Secured Moneys

3.1 Subject to clause 12, you must repay the Loan together with interest thereon by the
Repayment Instalments and in the manner specified in the Particulars.

3.2 You must repay the balance of the Loan outstanding and all interest accrued thereon on the
date for payment of the Final Repayment Instalment.

3.3 Interest accrues on the Secured Money (other than the Loan) at the rate from time to time
agreed in writing between us in respect of those moneys or in the absence of any agreement
at the Overdue Rate.

3.4 You must repay the Secured Money (other than the Loan) and interest on those moneys in
accordance with any agreement between you and us or otherwise on demand.

3.5 In addition to any other Fees payable in connection with this Chattel Mortgage, including,
without limitation the fees and charges set out in the Particulars and the Break Fee payable
under clause 4.3, the following fees and charges may become payable by you when charged
by us during the term of this Chattel Mortgage:

(1) a deferral fee of $50 will be charged and debited to your account on the next payment
due date if you reschedule the payment of the Repayment Instalment to a later date;

(2) a dishonour fee of $50 will be charged and debited to your account on the next
payment due date if a scheduled payment made to us by cheque or direct debit
authority is dishonoured and does not clear;

(3) a permanent due date change fee of $50 will be charged and payable on demand if
you change the date of any payment made under this Chattel Mortgage on a
permanent basis;

(4) an instruction fee of $104 will be charged and payable on demand if we elect to
instruct agents to retake possession of the Goods when exercising our powers under
this Chattel Mortgage; and

(5) a re-assignment fee of $550 will be charged and payable on demand if we process a
contract re-assignment.

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3.6 If you fail to pay any Repayment Instalment or other moneys payable under this Chattel
Mortgage when due then we may charge interest at the Overdue Rate on that overdue
amount.

3.7 If any liability to pay the Secured Money or any part becomes merged in to any judgment,
order, deed or other thing, then you must pay interest on the amount owing from time to time
under that judgment, order, deed or other thing at the higher of the Overdue Rate or the rate
fixed by that judgment, order, deed or other thing.

3.8 All payments must be made by direct debit authority or in such other manner as we may from
time to time specify.

3.9 All payments must be made free of any abatement, reduction, set-off or other deduction or
withholding.

4. Early Termination

4.1 You may terminate your obligations under this Chattel Mortgage prior to the Final Date for
repayment of the Loan by paying to us the Termination Amount.

4.2 If this Chattel Mortgage is terminated by us prior to Final Date for repayment of the Loan you
must pay us the Termination Amount. Payments made under this clause are also to
indemnify us for the loss (including, without limitation, any costs or expenses we do not
recoup) sustained in respect of the instalments not then accrued due and being paid as
scheduled under the Chattel Mortgage and the Chattel Mortgage not remaining in force until
the Final Date for repayment of the Loan.

4.3 Upon any termination of this Chattel Mortgage or any pre-payment of some or all of the
amounts payable under this Chattel Mortgage, you must in addition to other amounts payable
under this Chattel Mortgage pay on demand the Break Fee.

5. Location of Goods

5.1 The Goods must be kept in your possession and control.

5.2 The Goods must, subject to clause 5.3, be kept at the Premises or such other place as we
may approve.

5.3 Where the Goods are mobile they may be used within the State. They must not be used
outside the State without our permission. You indemnify us against any additional stamp duty
payable arising from the use of the Goods outside the State.

5.4 You must promptly notify us of the location of the Goods whenever requested to do so by us
or if any Goods become located outside the State.

5.5 You must give us at least 7 days prior written notice if you change your name or address.

6. Ownership of the Goods

6.1 You warrant to us that at the time of granting this Chattel Mortgage you are the legal and
beneficial owner of the Goods free of any Encumbrance.

6.2 You must not:

(1) do anything which could prejudice or jeopardise our rights in respect of the Goods;

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(2) affix the Goods to any land, building or other real property without our prior written
consent. Any affixing must be temporary only and must only be to the extent
necessary for the proper use of the Goods. You must when requested by us obtain
waivers by other persons to ensure that no other person may acquire or retain any
interest in the Goods;

(3) cause or permit any other personal property in which another person has an
Encumbrance or other interest or right to become an accession to the Goods or
commingled with any Goods;

(4) create any Encumbrance over or cause or permit any person to acquire any interest
in any of the Goods or your right in respect of the Goods; or

(5) sell, transfer, lease or otherwise dispose of your interest in the Goods.

6.3 You must:

(1) procure the removal of any registration (other than by or in favour of us) in relation to
any Encumbrance that affects the priority of this Chattel Mortgage;

(2) immediately notify us in writing if you become aware of any person (other than us)
taking steps to register, or registering, a financing statement in relation to the Goods;
and

(3) without affecting the priority of this Chattel Mortgage, take any action necessary to
register, perfect, preserve and maintain any Encumbrance in the Goods which you
hold, or have the benefit of, under or in accordance with the PPS Law.

7. Use of the Goods

7.1 You must, at your own cost, comply with all laws relating to the use, operation, maintenance
and possession of the Goods including obtaining and maintaining any necessary licences,
permits or registration.

7.2 You must use only qualified personnel to operate and use the Goods.

7.3 You represent and warrant that the Goods are commercial property and are not and do not
form part of the inventory of your business.

7.4 You must ensure all operation of the Goods comply with all laws and all manufacturer’s
instructions as to use, operation and maintenance.

7.5 You must not without our consent to make any alteration, addition or improvement to the
Goods. Any alteration, addition or improvement forms part of the Goods and is subject to this
Chattel Mortgage.

7.6 You must not:

(1) grant a lease or licence of any part of the Goods;

(2) waive any rights or release any person from any obligation in connection with the
Goods; or

(3) conceal the Goods, alter them or any identifying number or mark (including any serial
number) on them.

7.7 You must:

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(1) immediately notify us in writing of any Goods that become located outside Australia;
and

(2) promptly notify us of the location of the Goods whenever requested to do so by us.

7.8 You assume all risks and liabilities arising from your possession or use of the Goods. You
indemnify us against any liability arising from the use of or possession of the Goods by you or
any other person.

8. Repair of the Goods

8.1 You must at your own cost take proper care of the Goods.

8.2 You must keep the Goods in good repair and condition and in proper working order so that
the Goods can operate efficiently and at performance levels applicable to the Goods at the
commencement of this Chattel Mortgage.

8.3 You must maintain and service the Goods in accordance with any manufacturer’s
specification or recommendation.

8.4 You must whenever requested by us, both before and after exercise by us of any rights in
respect of the Goods, provide us with a written statement disclosing all defects in the Goods.

8.5 All repairs to the Goods must be carried out by suitably trained and qualified personnel.

8.6 You must not create or permit the creation of any Encumbrance on the Goods. You must
notify any repairer of this prohibition.

9. Inspection

9.1 You must upon us giving reasonable notice permit us to inspect and test the Goods.

9.2 You must (and must use your best endeavours to ensure others) allow us to enter upon any
premises where the Goods are or are believed to be located to exercise any of our rights
under this Chattel Mortgage.

10. Loss or Damage

10.1 You bear the entire risk of loss or damage to the Goods from any cause.

10.2 If the Goods or any part thereof are lost, damaged, impounded, immobilised or forfeited, then:

(1) you must promptly notify us;

(2) if the Goods have been totally or substantially lost, damaged, impounded,
immobilised or forfeited then we may terminate this Chattel Mortgage. In that event
the whole of the Secured Money becomes immediately due and payable; and

(3) if we do not terminate this Chattel Mortgage under clause 10.2(2), you must
immediately repair or replace the lost or damaged Goods. In that event, the
provisions of clause 10.3 apply.

10.3 If the Goods are lost or damaged but we do not terminate this Chattel Mortgage under
clause 10.2(2), then:

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(1) you must immediately repair or replace the lost or damaged Goods with Goods which
is, in our opinion, comparable, in good repair and condition and in working order;

(2) all such repaired or replacement goods form part of the Goods and are subject to this
Chattel Mortgage;

(3) any moneys received in respect of any insurance against the loss or damage of the
Goods must, if we so require, be applied towards your obligations under this clause.

10.4 You indemnify us:

(1) against any claims or costs arising out of the Goods (including claims and costs
relating to the operation use or the keeping of the Goods);

(2) any loss of (including lawful confiscation), damage to or destruction of the Goods;

(3) against any Taxes imposed on or payable by us in connection with:

(a) the purchase or sale of the Goods;

(b) any payment, receipt or other transaction arising out of our purchase or sale
of the Goods;

(c) this Chattel Mortgage;

(d) any moneys payable under this Chattel Mortgage or the Loan;

(e) any receipt or other transaction arising out of this Chattel Mortgage or the
Loan;

(f) any other supply made by us under or in connection with this Chattel
Mortgage; and

(4) against any loss or liability or damage we suffer because of a breach or repudiation of
this Chattel Mortgage by you.

11. Insurance

11.1 You must keep the Goods insured against such risks as we may from time to time reasonably
require.

11.2 Without limiting clause 11.1 you must insure the Goods against loss or damage due to fire,
accident, theft, malicious damage and loss or damage to third parties or their property.

11.3 Insurance must be on such terms as we may reasonably require with an insurer approved by
us acting reasonably.

11.4 Insurance must be for the respective rights and interests of us as Mortgagee and you as
Mortgagor and must be for the full insurable value of the Goods. Our interest must be noted
on the policy.

11.5 You must promptly pay all premium, stamp duty and other costs in relation to insurances
effected under this clause.

11.6 You must whenever requested by us provide to us copies of all policies of insurance to be
effected under this clause together with such other evidence as we may reasonably require to
satisfy ourselves that the Goods are fully and properly insured.

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11.7 You must not do or permit anything to be done which could prejudice any insurance or any
claim under any insurance to be effective under this clause.

11.8 You must promptly give us written notice of any event which could or might lead to a claim
under any insurance in respect of the Goods. You must comply with all of our instructions in
connection with any claim under the insurances.

11.9 You authorise to take all steps necessary to make, adjust and compromise any claim in
respect of the Goods and to receive any moneys payable under the insurances. We may give
effective receipts and discharges and generally act on your behalf in respect of any such
claims and in such manner as we may think fit.

12. Event of Default

12.1 If an Event of Default occurs or is taken to have occurred, then:

(1) at our option the whole of the Secured Money becomes immediately due and payable
without the need for any demand or notice; and

(2) we may enforce all of our rights under this Chattel Mortgage.

12.2 The following are Events of Default:

(1) you do not pay any Repayment Instalment, or any other part of the Loan on time;

(2) you do not pay any other part of the Secured Money on time;

(3) you fail to comply with any other obligation under this Chattel Mortgage;

(4) default occurs under any Collateral Security or any other Encumbrance given by you
to us or under any other agreement between you or us or under any Encumbrance
given by you over the Goods to any other person;

(5) any warranty given by you under this Chattel Mortgage is or becomes false or
misleading in any material respect;

(6) you or any Guarantor being an individual become insolvent under administration
within the meaning of the Corporations Act or a bankruptcy notice is filed in respect of
any such person;

(7) you or any Guarantor being a corporation become an externally administered body
corporate within the meaning of the Corporations Act or any steps are taken to make
you an externally administered body corporate;

(8) if any insurer having insured the Goods cancels any such insurance for any reason;

(9) if you have made a materially false statement in the course of negotiations preceding
the entering into of this Chattel Mortgage and/or you have done anything whereby the
rights under this Chattel Mortgage may be prejudiced or jeopardised in any material
manner;

(10) if you are in default under any other agreement, loan or financial arrangement with us
and consequent upon that default we are entitled to terminate that other agreement,
loan or financial arrangement or to require that moneys under there become
immediately due and payable; and

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(11) if you cease or threaten to cease to carry on your business or to transfer or dispose of
all or without our prior written consent a substantial part of your assets whether
voluntary or due to compulsory acquisition.

13. Powers on Default

13.1 At any time after an Event of Default has occurred, then in addition to all other powers
conferred on us by law we have the following powers:

(1) to take possession of the Goods and for that purpose to take any proceedings in your
name or otherwise and to give valid receipts;

(2) subject to our obligations imposed by law to sell or concur in selling the Goods or any
interest in the Goods. Any such sale:

(a) may be for cash or any other valuable consideration;

(b) may be by public auction, private treaty, public tender or such other method
as we may require; and

(c) may be at a price payable in a lump sum or by instalments.

(3) to effect a sale by conveying or transferring the legal and beneficial title in your name
and on your behalf or otherwise to do anything we consider desirable to complete the
sale;

(4) to exercise the power of sale given by this Chattel Mortgage in respect of all of the
Goods or any part thereof and to apportion the cost of sale between those Goods and
to give any options to purchase;

(5) to enter into, rescind or vary a contract for sale and to resell without being responsible
for loss;

(6) to set aside from the proceeds of sale any amount to meet future claims until the
possibility of such claims being made is ended;

(7) in order to transfer any of the Goods to any purchaser, to complete blanks in transfer
documents or instruments delivered by you to us;

(8) to make any arrangements or compromise affecting the Goods;

(9) to employ managers, officers, agents, employees, contractors and others to exercise
our powers at any remuneration and on any conditions we reasonably determine;

(10) to carry out and enforce specific performance of or obtain the benefit of, all contracts
relating to the Goods;

(11) to make repairs and improvements to or on the Goods or to enhance, upgrade or


refurbish the Goods;

(12) to take proceedings at law or in equity or in bankruptcy in your name or otherwise in


connection with the Goods;

(13) to do everything reasonably necessary (including expending money) to comply with


your obligations under this Chattel Mortgage or to protect the Goods or exercise our
powers;

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(14) to delegate to any person any of the powers conferred on us and exercise all of your
rights, powers and privilege in respect of the Goods;

(15) to insure any part of the Goods that are of an insurable nature and against loss or
damage by fire or other risk as we think fit; and

(16) generally to do or cause to be done anything relating to the Goods and income from
the Goods (without being responsible for any loss or damage) that is reasonably
considered necessary by us and could have been done by us if we were the owners
of the Goods.

13.2 Any person paying money to or otherwise dealing with us, or any receiver or receiver and
manager appointed by us, is not concerned to enquire whether we, or any receiver or receiver
and manager appointed by us, are authorised to act and is not obliged to see to the
application of any moneys paid or our, or any receiver or receiver and manager appointed by
us, receipt of the moneys is sufficient discharge to that person paying it.

13.3 In addition to the powers and remedies set out in this Chattel Mortgage we have all the other
powers and remedies given to a mortgagee or chargee by statute law or equity. These
powers and remedies may be exercised either separately or concurrently with the powers set
out in this Chattel Mortgage.

13.4 Any requirement for any notice or lapse of time before this Chattel Mortgage may be enforced
or a receiver or receiver and manager may be appointed in respect of the Goods is waived by
you and dispensed with to the extent permitted by law.

13.5 We may appoint a receiver or receiver and manager and where there are two or more
receivers or receivers and managers their appointment may be joint and/or several of any of
the Goods and any receiver and manager appointed by us may exercise any of the rights,
powers and remedies we may exercise under this Chattel Mortgage or in respect of the
Goods.

13.6 We may at our entire discretion withdraw from possession after entry or appointment and may
re-enter and withdraw as often as we consider appropriate.

14. Partnership Provisions

14.1 Where this Chattel Mortgage secures the indebtedness of a partnership (the “Firm” for the
purposes of this clause) this Chattel Mortgage is a running and continuing security to us for
the indebtedness to us of the Firm howsoever the Firm is constituted and even if one or more
of the persons named as Mortgagor is no longer a member of the Firm.

14.2 You covenant to pay the Secured Money despite the death or retirement of any member of
the Firm, the admission of a new member to the Firm or any settlement of accounts the
release of any personal security or anything else.

14.3 Each of you agrees with each other and with us that his or her individual interest in the Firm
ranks behind our rights and interest under this Chattel Mortgage.

15. Application of Moneys

15.1 To the extent permitted by law and subject to any order of application of payments prescribed
by the PPS Act, moneys received as a result of exercise by us of our powers under this
Chattel Mortgage may be applied in the following order:

(1) towards satisfaction of any costs and expenses as referred to in clause 27;

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(2) to pay any receiver’s or receiver and manager’s remuneration;

(3) to pay the balance of Secured Moneys, and it may be applied between interest,
principal and other moneys at our discretion; and

(4) to pay any surplus to you or other person entitled to it and in particular we may hold
the balance of the moneys to the whole of a subsequent encumbrance whether
registered or not and may pay into Court by way of inter-pleader without incurring any
liability to you.

15.2 Any surplus moneys as referred to under clause 15.1(4) do not bear interest. We may
discharge our liability to account by crediting it in our books in your name.

15.3 In applying moneys towards satisfaction of the Secured Money you are entitled to be credited
only with moneys that are actually received by us and only from the time of receipt.

16. Notices

16.1 Any demand or notice under this Chattel Mortgage must be in writing.

16.2 Any demand or notice may be signed on our behalf by an Authorised Officer.

16.3 Any notice to be served on you or any Guarantor may be served in any of the following
manners:

(1) in the case of an individual, personally;

(2) in the case of a company, by delivering or posting the same to the principal office of
the company; or

(3) in any case by being left or posted by prepaid post to the address set out in the
particulars for that person or such other address as may be notified to us by that
person.

16.4 Any notice served by post is deemed to be served three Business Days after the date of
posting.

16.5 A notice required to be given to you or any Guarantor (“relevant person”) under this Chattel
Mortgage may be given by us in any of the following ways:

(1) in person;

(2) by delivery; or

(3) electronically.

16.6 A notice may be given in person:

(1) by handing a written notice to the relevant person; or

(2) by orally advising the relevant person in person or over the telephone of the
substance of the notice.

16.7 A notice may be given by delivery, by delivering it or posting it addressed to the relevant
person at his or her postal address.

16.8 A notice may be given electronically by:

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(1) sending it by facsimile, email or SMS to the relevant person at his or her electronic
address; or

(2) making the notice available for a reasonable period of time on our secured website at
www.yourlease.com.au for retrieval by electronic communication by the relevant
person. We will promptly notify the relevant person by electronic communication, to
the last notified electronic address for that relevant person, that the information is
available for retrieval on our website at www.yourlease.com.au and the nature of that
information.

16.9 By including an electronic address or addresses (facsimile number, mobile phone number or
other telephone number of a phone that can receive short message service (SMS) messages)
or email address) in the Particulars for a relevant person, that relevant person consents to
notices being sent to them electronically and nominates that address or addresses as their
initial electronic address or addresses.

16.10 Each relevant person (i.e. you and each Guarantor) must give us written notice if they
change their name, postal address, or electronic address (telephone or mobile
number, facsimile number or email address)

16.11 A notice may be given to a relevant person that is a company by giving that notice in any
manner permitted by this clause 16 to any person shown on the records at the Australian
Securities and Investment Commission as a director of that company

16.12 Subject to any laws that may provide otherwise, a notice will be taken to have been given:

(1) If the notice is given in person, at the time it is given;

(2) If the notice given by delivery (other than by posting), upon delivery;

(3) if the notice is given by delivery by posting, 2 business days after posting;

(4) if the notice is given electronically under paragraph 16.8(1), on the day it is sent; and

(5) if the notice is given electronically under paragraph 16.8(2), on the day, when the
electronic communication of our notification to you referred to in clause 16.8(2) is
sent.

However, a notice given electronically will not be taken to have been given if we receive
notification from the recipient’s electronic service provider that transmission or delivery was
not successful.

16.13 Where “you” consist of more than one person, we may give you notice by giving that notice in
any manner permitted by this clause to any one of you.

16.14 Where there is more than one Guarantor we may give notice to all Guarantors by giving
notice in any manner permitted by this clause to any one of the Guarantors.

16.15 A notice may be given on behalf of us by an Authorised Officer

16.16 Subject to any law that provides otherwise, a notice from you or any Guarantor to us must be
in writing and sent to us at our address in the state shown in the Particulars. We are not
deemed to receive a notice under this agreement until we actually receive the notice in legible
form.

17. Proper Law

17.1 This Chattel Mortgage is governed by the laws of the State.

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17.2 You irrevocably submit to the jurisdiction of the courts of the State.

18. Waiver and Variation

18.1 No purported indulgence or waiver of our rights under this Chattel Mortgage affects our rights
under this Chattel Mortgage or constitutes a waiver of any breach committed by you unless
such waiver is in writing signed by us.

18.2 This Chattel Mortgage cannot be varied except expressly in writing signed by both parties.

19. Evidence

19.1 A certificate signed by an authorised officer of us purporting to state at the date set out in the
certificate the amount owing by you or any other matter or thing relating to this Chattel
Mortgage is sufficient evidence of the matters set out in such certificate unless the contrary is
shown.

20. No Merger

20.1 This Chattel Mortgage does not merge with any other Encumbrance taken by us over the
Goods nor does it extinguish or postpone or otherwise prejudicially affect any lien or security
to which we are entitled by reason of the deposit of any document.

20.2 Any judgment or order obtained by us against you in respect of the Secured Money or any
parties is held collaterally with this Chattel Mortgage and this Chattel Mortgage does not
merge in the judgment or order.

21. Guarantee and Indemnity

21.1 In consideration of us at the request of the Guarantor agreeing to enter into this Chattel
Mortgage, the Guarantor guarantees to us the due and punctual performance by you of your
obligations under this Chattel Mortgage.

21.2 As a separate obligation the Guarantor agrees to indemnify us against all loss or damage
which we may suffer or sustain as a result of the non-payment of any moneys or the non-
performance of any obligations under this Chattel Mortgage by you whenever and so often as
such event occurs.

21.3 The obligations of the Guarantor under this Guarantee are principal obligations imposed upon
the Guarantor as principal debtor. Accordingly the Guarantor acknowledges that we have the
right to make a claim or demand against the Guarantor pursuant to the Guarantee without first
having taken any proceedings against you or any other person.

21.4 This Guarantee is not to be considered wholly or partly discharged unless and until all of the
guaranteed money have been paid in full.

21.5 This Guarantee is not impaired or discharged by:

(1) any variation (with or without the consent of the Guarantor) whenever made of this
Chattel Mortgage;

(2) any breach, wilful or otherwise, of your obligations under this Chattel Mortgage with or
without your consent or knowledge or the consent or knowledge of any Guarantor or
of us;

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(3) the granting of time, credit, forbearance, indulgence or concession to you or to any
guarantor or any compromise, abandonment, waiver, release, variation or redemption
or compounding by us of any of our rights under this Chattel Mortgage or any
Collateral Security or against any other Guarantor.

(4) the unenforceability in whole or in part of this Guarantee against any other Guarantor;

(5) the fact that all or any part of the Secured Moneys may not be or may cease to be
recoverable from you or any other person liable for any reason (other than the same
has been fully paid or satisfied);

(6) the liquidation, death, insolvency or bankruptcy, as the case may be, of you or any
Guarantor;

(7) the avoidance for any reason by statute or otherwise of any payment by or on behalf
of you or any Guarantor;

(8) the transfer or assignment of the benefit of this Chattel Mortgage to any person or
corporation;

(9) you or any Guarantor being under any legal disability;

(10) the failure to register or perfect our Encumbrance in the Goods or arising under this
Chattel Mortgage; or

(11) any other matter or thing which but for this provision could or might operate to
abrogate the effect of provisions of this Guarantee.

22. Trusts

22.1 The provisions of this clause apply only if you or any Guarantor is entering to this Chattel
Mortgage or the Guarantee as a Trustee of a Trust.

22.2 For the purpose of this clause every reference to “Trustee” is a reference to each person who
has entered into this Chattel Mortgage whether as Mortgagor or Guarantor on behalf of a
Trust. Every reference to a “Trust” is a reference to each such Trust of which that person is a
Trustee. A reference to “Chattel Mortgage” means the Chattel Mortgage or the Guarantee
which that person is entering into.

22.3 Each Trustee enters into this Chattel Mortgage both in its personal capacity and as Trustee of
the Trust.

22.4 The Trustee warrants to us that:

(1) it has full, complete, valid and unfettered authority and power to enter into the Chattel
Mortgage and that the entering of the Chattel Mortgage by the Trustee is in the due
and proper administration of the Trust and is for the benefit of the beneficiaries of the
Trust;

(2) the performance by the Trustee of its obligations under the Chattel Mortgage has
been duly authorised in accordance with the terms of the Trust; and

(3) no limitations or restrictions exist in respect of the Trustee’s rights to be indemnified


from the trust assets in respect of the obligations incurred by the Trustee under this
Chattel Mortgage (whether as Mortgagor or Guarantor).

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22.5 The Trustee must not so far as it is able to do so, without our written consent (which will not
be unreasonably withheld) permit any of the following:

(1) any variation, replacement or limitation of the terms of the Trust Deed;

(2) its removal as Trustee or the appointment of another Trustee as Trustee of the Trust
whether or not in conjunction with the Trustee;

(3) any distribution, transfer or setting aside of any part of the income or capital of the
Trust.

23. Confidentiality

(1) Subject to clause 23(2), a party to this Chattel Mortgage may not disclose:

(a) any information of a kind referred to in section 275(1) of the PPS Act; or

(b) the existence or content of this Chattel Mortgage.

(2) A party to this Chattel Mortgage may disclose information or documents referred to in
clause 23(1) as follows:

(a) in the case of us, in assigning or enforcing or seeking to assign or enforce this
Chattel Mortgage or in a proceeding arising out of or in connection with this
Chattel Mortgage or to the extent that disclosure is regarded by us as
necessary to protect its interests;

(b) if required under a binding order of a Government Agency or any procedure


for discovery in any proceedings;

(c) if required under any law or any administrative guideline, directive, request or
policy whether or not having the force of law (except to the extent the
requirement can be excluded or limited by contract or by a confidentiality
obligation) and, if not having the force of law, the observance of which is in
accordance with the practice of responsible bankers or financial institutions
similarly situated;

(d) as required or permitted by this Chattel Mortgage;

(e) the party’s legal advisers and consultants;

(f) in the case of us, to a ratings agency or to a potential assignee, transferee or


sub-participant or to any person with whom we may enter into a transaction,
including a securitisation; or

(g) with the prior consent of the other parties, which must not be unreasonably
withheld.

(3) Clause 23(2)(c) does not require us to disclose any information of the kind referred to
in section 275(1) of the PPS Act.

(4) You agree that you will not authorise the disclosure of any information as
contemplated by section 275(7)(c) of the PPS Act.

(5) This clause 23 survives the termination of this Chattel Mortgage.

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24. Contracting out

24.1 You have no rights under, or by reference to, sections 125, 142 and 143 of the PPS Act and
waives your rights to:

(1) receive any notice under sections 95, 121(4), 130 and 135 of the PPS Act;

(2) receive a statement of account under section 132(4) of the PPS Act;

(3) receive details of the amounts paid to other secured parties in a statement of account
provided by the Chargee under section 132(1) of the PPS Act; and

(4) receive any other notice or copies of any documents under the PPS Act (including a copy
of, or notice of, any verification statement confirming registration of a financing statement
or a financing change statement relating to any Security Interest created under, or
provided for by, this Chattel Mortgage) unless the notice is required by the PPS Act and
cannot be excluded.

25. General

25.1 You authorise us to set-off or appropriate any moneys held in any account on your behalf with
us or any related corporation (as that term is defined in the Corporations Act 2001) against
any moneys owing by you under this Chattel Mortgage.

25.2 Time is of the essence in respect of your obligations under this Chattel Mortgage.

25.3 Any provision of this Chattel Mortgage which is void, prohibited or unenforceable in any
jurisdiction is as to that jurisdiction varied or if necessary ineffective to the extent necessary to
avoid it being void, prohibited or unenforceable without prejudice to the remaining provisions
of this Chattel Mortgage.

25.4 We may at any time:

(1) without the need to give you notice, assign this Chattel Mortgage to a related body
corporate (as that term is used in the Corporations Act) of ours;

(2) without the need to give you notice, assign, novate, grant participation rights in, or
otherwise create any trust or rights in respect of this Chattel Mortgage or the Goods
or our rights under this Chattel Mortgage pursuant to any securitisation or similar
arrangements; or

(3) otherwise assign, charge or deal with the Goods or our rights under this Chattel
Mortgage. We will give you notice of any such assignment and obtain your consent if
any such assignment may be materially detrimental to you.

A reference in this clause to this Chattel Mortgage includes the Guarantee.

25.5 You may not assign your rights under this Chattel Mortgage without our prior written consent.

25.6 We may, in granting any consent or approval under this Chattel Mortgage, impose such
conditions as we reasonably determine. You must comply with any such terms or conditions.

25.7 If any law requires you or any Guarantor to make any deduction or withholding from any
payment under this Chattel Mortgage or under any guarantee, then:

(1) you or the Guarantor (as the case may be) must pay to us such additional payments
as are necessary to ensure that, after making the withholding or deduction, we

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receive a sum equal to the sum we would have received if no deduction or
withholding had been made; and

(2) you or the Guarantor indemnify us against any failure by you or the Guarantor (as the
case may be) to make such deduction or withholding.

26. Commission

26.1 You acknowledge that where you have been introduced to us by an agent, dealer, broker or
other person we may pay commission, fee or other remuneration to such agent, dealer or
other person. You consent to such payment and acknowledge that in calculating the moneys
payable by you under this Chattel Mortgage we may have taken into account any such
payment.

27. Costs and Expenses

27.1 You must pay to us on demand:

(1) all Fees payable in connection with this Chattel Mortgage, including, without limitation,
the Fees set out in the Particulars, and the Break Fee payable under clause 4.3;

(2) our costs and expenses in connection with the negotiation, preparation, execution,
stamping, registration and completion of this Chattel Mortgage and any of the forms
required by any statute or regulation to be lodged with any registry;

(3) all Taxes payable in respect of the Loan, this Chattel Mortgage or any Collateral
Security or in respect of a discharge (partial or otherwise) or a payment or receipt or
any other transaction contemplated by this Chattel Mortgage or any Collateral
Security;

(4) our reasonable costs (including our administration costs) in connection with anything
done in connection with this Chattel Mortgage or its release or enforcement; and

(5) our reasonable costs of obtaining advice as to our rights under or in relation to this
Chattel Mortgage and any information relevant to those rights.

27.2 Everything that you are required to do under this Chattel Mortgage is done at your cost.

28. Agency

28.1 You and the Guarantor acknowledge that we may have made the Loan and taken this Chattel
Mortgage and the Guarantee as agent for some other person. Neither you nor any Guarantor
is entitled to make any objection to that (irrespective of whether that agency is disclosed or
otherwise).

29. Power of Attorney

29.1 You irrevocably appoint us and every person who is an Authorised Officer separately to be
your attorney.

29.2 An attorney appointed under clause 29.1 may do anything (including executing documents):

(1) that you could do as the owner of the Goods;

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(2) that you are obliged to do under this Chattel Mortgage;

(3) that is necessary or advisable in order to give complete effect to or to perfect this
Chattel Mortgage or to ensure compliance with the terms of this Chattel Mortgage or
for the exercise of any of the powers or remedies conferred by this Chattel Mortgage
or by law on us;

(4) to sign any document required to be signed by you;

(5) that gives effect, releases and receipts for money received by us under a right of
power or remedy in this Chattel Mortgage;

29.3 You agree to ratify anything done by an attorney in accordance with clause 29.

29.4 You must immediately on receipt of a written request of an attorney appointed under clause
29.1 sign any further power of attorney in favour of that attorney in the form or to the effect
required by that person.

30. Further assurances

30.1 If we ask you to do so, you must at your own cost immediately:

(1) execute in our favour or as we may reasonably direct and in the form reasonably
required by us further documents (including Encumbrances, transfers, assignments,
deeds, instruments, releases, assurances, notices, consents or amendments to this
Chattel Mortgage) and do everything we ask (including providing information,
obtaining consents or waivers) to:

(a) provide more effective or better security to us over the Goods or any part of
the Goods or proceeds of the Goods in any relevant jurisdiction and in a
manner not inconsistent with this Chattel Mortgage with any additional terms
reasonably required by us having regard to the nature of that part of the
Goods or proceeds of the Goods and the type of additional Encumbrance
being created;

(b) enable us to register this Chattel Mortgage or our interest in the Goods
(including enabling us to prepare and register a financing statement or
financing change statement), with the agreed priority (and if required, to
renew the registration);

(c) ensure that, any Encumbrance created under, or provided for, by this Chattel
Mortgage:

(i) attaches to the Goods; and

(ii) is enforceable, perfected and otherwise effective;

(d) stamp, protect, perfect, record or better secure our positions under this
Chattel Mortgage in any relevant jurisdiction;

(e) if you are in default, enable us to evidence that we are in control and
possession of the Goods for the purposes of the PPS Act;

(f) overcome any defect or adverse effect arising from the PPS Law;

(g) enable us to exercise our rights or powers in respect of the Goods, proceeds
of the Goods or our Encumbrance in the Goods or those proceeds, or perform
any of our obligations under the PPS Law; and

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you must ensure that any person interested in the Goods does likewise;

(2) take or defend such legal proceedings as we may consider advisable for the
protection or recovery of the Goods.

30.2 We and any Authorised Officer may fill in any blanks in this Chattel Mortgage and complete in
our favour or in the favour of any person purchasing under the powers given by this Chattel
Mortgage any transfer or other instrument executed by or on behalf of you in blank and
delivered to us in connection with this Chattel Mortgage.

30.3 We may take all steps as we consider advisable to register, amend or remove the registration
of, protect, perfect or record our Encumbrance in the Goods, or to better secure our position
in respect of this Chattel Mortgage under the PPS Law.

30.4 You authorise us to complete any blanks in this Chattel Mortgage or in any other
documentation necessary to effect registration of this Chattel Mortgage.

30.5 You undertake to comply with any requisitions that may be raised by any person in relation to
the registration of this Chattel Mortgage.

31. Inconsistency

31.1 To the extent permitted by the PPS Law, our rights, powers and remedies under this Chattel
Mortgage prevail to the extent they are inconsistent with the provisions of the PPS Law.

32. GST

32.1 Without limiting any other provision of this Chattel Mortgage if GST is imposed on any supply
made by us under or in connection with this Chattel Mortgage or the Goods, the amount you
must pay for that supply is increased by the amount of that GST.

32.2 For the avoidance of any doubt, to the extent that we incur an amount of additional costs
expense or recover a lesser amount by reason of the impact of GST in connection with or
arising out of this Chattel Mortgage, the Goods or any security for any amount owing under
this Chattel Mortgage that amount is for your account and may be recovered by us from you.

32.3 In this clause GST means the Goods and Services Tax imposed under the A New Tax
System (Goods and Services Tax) Act and related legislation or any other similar value added
tax.

33. ANTI-MONEY LAUNDERING AND COUNTER TERRORISM FINANCING ACT 2006

33.1 You undertake to not knowingly do anything to put us in breach of the Anti-Money Laundering
and Counter-Terrorism Financing Act 2006, rules and other subordinate instruments
(AML/CTF Laws). You undertake to notify us if you are aware of anything that would put us in
breach of AML/CTF Laws.

33.2 If requested you undertake to provide additional information and assistance and comply
with all reasonable requests to facilitate our compliance with AML/CTF Laws in Australia or an
equivalent overseas jurisdiction.

33.3 You undertake that you are not aware and have no reason to suspect that:

Application ID: ELN1461613


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(1) the money used to fund the payments under or related to this Chattel Mortgage is
derived from or related to money laundering, terrorism financing or similar activities
(Illegal Activities); and

(2) proceeds of investment made in connection with this Chattel Mortgage will fund illegal
activities.

33.4 We are subject to AML/CTF Laws. In entering into this Chattel Mortgage, you consent to us
disclosing in connection with AML/CTF Laws any of your Personal Information (as defined in
the Privacy Act 1988 (Cth)) we have.

33.5 In certain circumstances we may be obliged to freeze or block an account where it is used in
connection with Illegal Activities or suspected Illegal Activities. Freezing or blocking can arise
as a result of the account monitoring that is required by AML/CTF Laws. If this occurs, we are
not liable to you for any consequences or losses whatsoever and you agree to indemnify us if
we are found liable to a third party in connection with the freezing or blocking of your account

Application ID: ELN1461613


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STATEMENT OF ASSETS & LIABILITIES

Assets
PRANEE SAVETSILA
Asset Type Asset Value
Home Property $460,000.00 Owned outright
Investment Property $400,000.00 Owned outright
Cash in Bank $10,000.00
Home Contents $5,000.00
Motor Vehicle $25,000.00 Owned outright

Liabilities
PRANEE SAVETSILA
Liability Type Balance Payout (if any) Limit (if any)
Credit Cards $0.00 N/A $10,000.00

Summary
PRANEE SAVETSILA
Total Assets $900,000.00
Total Liabilities $0.00
Net Position $900,000.00

SIGNED: ___________________________________ DATE: _______________

Application ID: ELN1461613


Version Num: 2
STATEMENT OF ASSETS & LIABILITIES

Assets
EAKKASIDD SAVETSILA
Asset Type Asset Value
Cash in Bank $25,000.00
Home Property $410,000.00 Not owned outright
Home Contents $20,000.00
Motor Vehicle $15,000.00 Owned outright
Motor Vehicle $15,000.00 Owned outright

Liabilities
EAKKASIDD SAVETSILA
Liability Type Balance Payout (if any) Limit (if any)
Home Property Loan $313,000.00 N/A $0.00
Credit Cards $0.00 N/A $20,000.00

Summary
EAKKASIDD SAVETSILA
Total Assets $485,000.00
Total Liabilities $313,000.00
Net Position $172,000.00

SIGNED: ___________________________________ DATE: _______________

Application ID: ELN1461613


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STATEMENT OF ASSETS & LIABILITIES

Assets
SA-NGUAN NONGKU
Asset Type Asset Value
Home Property $360,000.00 Not owned outright
Home Contents $5,000.00
Cash in Bank $5,000.00
Motor Vehicle $35,000.00 Owned outright

Liabilities
SA-NGUAN NONGKU
Liability Type Balance Payout (if any) Limit (if any)
Home Property Loan $250,000.00 N/A $0.00

Summary
SA-NGUAN NONGKU
Total Assets $405,000.00
Total Liabilities $250,000.00
Net Position $155,000.00

SIGNED: ___________________________________ DATE: _______________

Application ID: ELN1461613


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Direct Debit Request
Please complete, sign and return to us. This form is to authorise us to debit your account with
another financial institution

Account Details
Name of financial institution

Address of financial institution

Account name

Branch number (BSB) Account number

Service Agreement
I/we request you, Macquarie Leasing Pty Limited User ID 079021 until further notice in writing,
to debit my account described above.

I understand and acknowledge that:

1. The financial institution may, in its absolute 7. If I believe there has been an error in debiting my
discretion, at any time by notice in writing to me, account, I will notify Macquarie directly and confirm
terminate this request as to future debits. that notice in writing with Macquarie as soon as
2. Macquarie may, by prior notice in writing to me possible.
within 14 days, vary the timing of future debits. 8. Direct debiting through BECS is not available on all
3. Where the due date does not fall on a business day accounts. I can check my account details against a
and I am uncertain whether sufficient cleared funds regular statement or check with the financial
will be available to meet the direct debit, I will contact institution as to whether I can request a direct debit
the financial institution directly and ensure that from my account.
sufficient cleared funds are available. 9. It is my responsibility to ensure that there are
4. I can modify or defer this regular Direct Debit sufficient cleared funds in my nominated account to
Request at any time by giving Macquarie 14 days honour the DDR. I understand that the DDR will be
notice, in writing. automatically cancelled if three direct debit payments
5. I can stop or cancel the regular Direct Debit Request are dishonoured because of insufficient funds within
at any time by giving Macquarie or my financial a 12 month period. Macquarie will give me 14 days
institution 14 days notice in writing. notice in writing if they intend to cancel my DDR.
6. If at any time I feel that a direct debit against my Macquarie will also charge the cost of dishonoured
nominated account is inappropriate or wrong it is my direct debits against my account.
responsibility to notify Macquarie or my financial 10. Macquarie may need to pass on details of my direct
institution as soon as possible. debit request to their sponsor bank in BECS to assist
with the checking of any incorrect or wrongful debits
to my nominated account

Names

Signatures Date

Please collect first instalment by Direct Debit

Application ID: ELN1461613


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Application for Credit – Privacy Consents/Acknowledgments
(Version 2014.2)

Privacy Act 1988 (Cth)


and all related rules and regulations (“Act”)

To: Macquarie Leasing Pty Limited


ABN 38 002 674 982 (“You”)

I acknowledge that You may collect, hold, use and disclose personal information about me (including
information required to comply with Anti-Money Laundering and Counter-Terrorism Financing Act
2006, rules and other subordinate instruments, the National Consumer Credit Protection Act 2009 and
the Personal Property Securities Act 2009) to enable You to: assess my personal and/or commercial
credit worthiness; process my application; provide, administer and manage the products and services
provided to me; audit and evaluate those products and services; notify a credit reporting body or other
credit providers of my payment history or any default by me; model and test data; communicate with
me; improve and develop products and services; conduct credit scoring, securitisation, research, risk
management and portfolio analysis; provide and administer any related rewards program and deal
with any complaints or enquiries. I acknowledge that if I fail to provide complete information or
information that is inaccurate, You may not be able to process or accept the application and
transactions may be delayed, blocked or refused.
Authority for You to obtain certain credit information: I authorise You, Your agents and third
parties who referred me to You to seek, obtain and use, credit reporting information about me
(including from credit reporting bodies (“CRBs”)) to: assess an application by me for consumer credit
or commercial credit; manage my credit and related funding arrangements; assess an application by
me to be a guarantor in relation to credit; review my credit on a periodic basis as though assessing a
new application; collect overdue payments; and create assessments and ratings of my credit
worthiness.
Authority to exchange Information with credit reporting bodies: I authorise You and Your agents
to obtain credit reporting information about me from a CRB or other business that provides
information about credit worthiness. I allow such an entity to create or maintain credit information
about me (before, during or after the provision of credit to me). The information may include:
permitted identification particulars; the fact that I have applied for credit and the amount and type of
credit; the fact that You are a credit provider to me; credit limit; loan start/end dates; repayment
history; ‘default information’ (in addition to and without limiting repayment history information), i.e.
payments overdue for more than 60 days in specified circumstances; in relation to those overdue
payments, advice about new payment arrangements or that those payments are no longer overdue;
in specified circumstances that in Your opinion there has been a serious credit infringement (e.g.
fraud); and other credit worthiness information that can be disclosed under the Privacy Act.
Authority to exchange information with other credit providers: I authorise You to give to and
obtain from Your agents (as defined in the Act) and any credit providers information about my credit
worthiness, credit standing, credit history or credit capacity, and to give and receive a banker’s
opinion for purposes connected with my creditworthiness, business, trade or profession. The
information may be exchanged for, but not limited to, any of the following purposes: to assess an
application by me for credit or to be a guarantor, to determine or confirm the status of my credit
including any defaults; to assess my creditworthiness at any time during or after the life of a credit
arrangement; to give or obtain an opinion on me; and any other purpose permitted by law.
Authority to exchange information with other third parties: You may exchange my personal
information with other related companies; any suppliers or dealers of items the subject of my
application; persons with whom You have white label arrangements (e.g. to sell Macquarie products
under another brand and their related companies); introducers, referrers and any other person
associated with the lodgement of this application; funders and related service providers that assist in
the processing of my application and the management of my credit; as well as with service providers
including those relating to any associate rewards program and the types of service providers
described in Macquarie’s Privacy Policy. Other authorised disclosures include to my referees, my past

Application ID: ELN1461613


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and present employers, my past and present landlords, my next of kin, any person acting on my
behalf, (e.g. financial adviser, solicitor, broker, accountant, executor, administrator, trustee or
guardian), rating agencies, insurers, entity concerned with the supply or manufacture of assets to
me/applicant, valuers and debt collection agencies. You may also disclose personal information to
regulatory authorities (e.g. tax authorities in Australia and overseas) in connection with their lawful
information requests or to meet legal obligations in any relevant jurisdiction.
Authority to exchange sensitive information: In some cases, sensitive information may be
collected for specific purposes (for example, information regarding my health to enable the
assessment of a hardship relief application). The references in this Privacy Statement to personal
information include sensitive information such as my medical and health related details, and I agree
that You may exchange such information with other parties listed in this Privacy Statement for the
purpose of assessing or processing such applications and may seek further information from any
medical attendant consulted by me.
Authority to give information to guarantors: I authorise You to give to any person who guarantees
or indemnifies, or is to guarantee or indemnify, my obligations (“Guarantor”) information about my
credit worthiness, credit standing, credit history or credit capacity for the purpose of determining if that
person wishes to act as a Guarantor and keeping the Guarantor informed of the guarantee or
indemnity, and for any purposes related to the proposed or actual enforcement of the guarantee or
indemnity.
Authority to obtain information about guarantors: (This section addresses additional matters
relevant if I am a Guarantor) I authorise and consent to You or Your agents collecting personal
information about me and obtaining both my personal and commercial credit reports from a CRB, to
assess my capacity as a guarantor. If I am accepted as a guarantor You may disclose my personal
information to external agents, professional advisers and service providers, for the purpose of
managing the account and contacting me in relation to the guarantee or indemnity provided. I also
authorise You and Your agents to provide to the person/s in respect of whom I am Guarantor
personal information about my credit worthiness, credit standing, credit history or credit capacity for
any purposes related to the product or any proposed or actual enforcement of the product, guarantee
or indemnity. I acknowledge and agree that if You provide the product, this authority remains in force
until the credit under the product is fully and finally settled and discharged.
Authority to use information for administration processes: I authorise You to use any information
collected in this application and in subsequent administration processes for future applications I may
wish to make for other Macquarie Group products and/or services and related services, and to
disclose this information to other members of the Macquarie Group for similar use. Macquarie will only
use information collected for this purpose to the extent it is permitted to do so at law.
Authority to provide information for funding purposes: I authorise You to disclose any personal
information about me to another person (including without limitation, any trustee, servicer, credit
enhancer, funder, ratings agency) in connection with any funding of our business or any transactions
including by means of an arrangement involving securitisation.
General Privacy Matters: I acknowledge that You collect personal information through interactions
with me and my agent(s) (including telephone, email or online), as well as from public sources and
third parties including information brokers and service providers. Without this information, You may
not be able to process my application or provide me with an appropriate level of service.
I consent and agree that: (a) You may give me notices or documents by electronic communication,
including by sending the notice or document to the email address provided with my application or the
last email address I have otherwise notified; (b) if a notice or document is so given, it will be taken to
be given at the time when the notice or document has entered my information system; (c) where a
notice or document requires acceptance of the information contained therein, such an intention can
be met electronically with the utilisation of an electronic signature; (c) paper notices and documents
may no longer be given to me; (d) electronic communications should be regularly checked for notices
and documents; and (e) my consent to the giving of notices and documents by electronic
communication may be withdrawn by me at any time.
I acknowledge that where I have provided You with personal information about someone else that I
have obtained their consent to provide their personal information based on this Privacy Consent.
I acknowledge that the third parties with whom You exchange personal information whilst conducting
ordinary business activities, may operate outside of Australia (this includes the United States; United

Application ID: ELN1461613


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Kingdom; Philippines; India and other countries specified in Macquarie’s Privacy Policy). I understand
and agree that while the third parties may be subject to confidentiality or privacy obligations, in
relation to personal information that is not ‘credit eligibility information’ (certain personal information
from (or based on information from) credit reporting bodies) they may not always follow the particular
requirements of Australian privacy laws.
You, your related companies, your service providers (including loyalty program redemption providers)
and any third parties involved in the introduction or referral of this application (including any dealers
or suppliers of items the subject of my application) or with whom You have white label arrangements
(including their related companies) may exchange and use my personal information to contact me on
an ongoing basis by telephone, electronic communications (like email), online and other means to
offer products or services that may be of interest to me, including offers of banking, financial,
advisory, investment, insurance and funds management services, and assets suited to leasing or
finance (including vehicles, medical equipment, computers, machinery and manufacturing
equipment).
UNSUBSCRIBE: To unsubscribe from receiving any direct marketing communications from
Macquarie Leasing (as described in the paragraph above), email leasingoptout@macquarie.com.
Alternatively make this request through any of the contact details listed below.
In accordance with the Privacy Act, requests for access to and correction of personal information can
be made using the contact details below:

Addressee: Privacy Officer


Postal Address: PO Box H94, AUSTRALIA SQUARE, NSW 1215
Phone: 02 8232 3333
Fax: 02 8232 9929

By requesting a copy of Privacy policies and (where applicable) credit reporting policies, further
information can be obtained regarding the handling of personal information, access or correction of
personal information, how privacy concerns are dealt with, website privacy, the credit reporting bodies
used and how to obtain free copies of your credit reporting information from those bodies.
Macquarie’s Privacy Policy and Credit Reporting Policy can be found via www.macquarie.com.au.
Further, Macquarie’s (Privacy Officer) can be contacted on 02 8232 3333 or privacy@macquarie.com.

Name and signature of individual(s) giving his/her consent as customer or guarantor

……………………………………… PRANEE SAVETSILA ……………………


Signature Name (print) Date

……………………………………… EAKKASIDD SAVETSILA ……………………


Signature Name (print) Date

……………………………………… SA-NGUAN NONGKU ……………………


Signature Name (print) Date

……………………………………… …………………………………… ……………………


Signature Name (print) Date

Application ID: ELN1461613


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Application ID: ELN1461613
Version Num: 2

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