Common use of BOND ORIGINATOR Clause in Contracts

BOND ORIGINATOR. 18.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters (“BondMatters”) as a mortgage originator, and will forward all documents required by BondMatters for the submission of a mortgage bond application with the major banks. 18.2 The Seller will release the Purchaser’s contact details and the signed Agreement to BondMatters as part of the bond approval process. The Purchaser will then be contacted by BondMatters to obtain further required information. 18.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators. 18.4 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom is interested in purchasing the Property and with whom this Agreement is entered into. 18.5 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “B” attached hereto.

BOND ORIGINATOR. 18.1 17.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters (“BondMatters”) as a mortgage originator, and will forward all documents required by BondMatters for the submission of a mortgage bond application with the major banksbanks (with the exception of clients banking at RMB, Investec or having a Private Banker). 18.2 17.2 The Seller will release the Purchaser’s contact details and the signed Agreement to BondMatters as part of the bond approval process. The Purchaser will then be contacted by BondMatters to obtain further required information. 18.3 17.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators 17.4 Should the Purchaser obtain a bond other than through the services of BondMatters, then the Purchaser shall pay a penalty which is 1% (one per cent) of the purchase price before transfer and on demand by the Seller. In the case of the Purchaser entering into a building agreement as part of the purchase, the 1% penalty will be calculated on the erf price and the building price taken together. No penalty will be payable by the Purchaser where BondMatters has failed to obtain a mortgage bond for the Purchaser on terms acceptable to it. 18.4 17.5 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom is interested in purchasing the Property Unit and with whom this Agreement is entered into. 18.5 17.6 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “B” attached hereto.

BOND ORIGINATOR. 18.1 24.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters (“BondMatters”) as a mortgage originator, and will forward all documents required by BondMatters for the submission of a mortgage bond application with the major banks. This is to the benefit of the Purchaser because the system of mortgage origination used by the Seller avoids delays and therefore reduces the price of the Seller’s products. 18.2 The Seller will release 24.2 Should the Purchaser’s contact details and the signed Agreement Purchaser fail to BondMatters as part make use of the services of BondMatters and obtain a bond approval processfrom another recognized financial institution, then the Purchaser shall pay a penalty equal to 1% (one percent) of the Purchase Price before transfer and on demand from the Seller. The No penalty will be payable by the Purchaser will then be contacted by where BondMatters has failed to obtain further required informationa mortgage bond for the Purchaser on terms acceptable to it. 18.3 24.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators. 18.4 24.4 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom is interested in purchasing the Property Unit and with whom this Agreement is entered into. 18.5 24.5 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “BE” attached hereto.

BOND ORIGINATOR. 18.1 34.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters (“BondMatters”) as a mortgage originator, and will forward all documents required by BondMatters for the submission of a mortgage bond application with the major banks. This is to the benefit of the Purchaser because the system of mortgage origination used by the Seller avoids delays and therefore reduces the price of the Seller’s products. 18.2 The Seller will release 34.2 Should the Purchaser’s contact details and the signed Agreement Purchaser fail to BondMatters as part make use of the services of BondMatters and obtain a bond approval processfrom another recognized financial institution, then the Purchaser shall pay a penalty equal to 1% (one percent) of the Purchase Price before transfer and on demand from the Seller. The No penalty will be payable by the Purchaser will then be contacted by where BondMatters has failed to obtain further required informationa mortgage bond for the Purchaser on terms acceptable to it. 18.3 34.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators. 18.4 34.4 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom is interested in purchasing the Property Unit and with whom this Agreement is entered into. 18.5 34.5 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “BD” attached hereto.

BOND ORIGINATOR. 18.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters PS Mortgages and/or Multinet (Proprietary Limited (“BondMattersthe Nominated Bond Origination Service Provider/s”) as a mortgage originatororiginators, as nominated, and will forward all documents required by BondMatters the Nominated Bond Origination Service Provider for the submission of a mortgage bond application with the major banksbanks and agrees that the approved loan be allocated for registration to the conveyancers appointed herein. This is to the benefit of the Purchaser because the system of mortgage origination as used by the Seller, and allocation of the bond registration instruction to the conveyancers appointed herein, avoids delays and therefore reduces the price of the Seller’s products. 18.2 The Seller will release the Purchaser’s contact details and the signed Agreement to BondMatters the Nominated Bond Origination Service Provider as part of the bond approval process. The Purchaser will then be contacted by BondMatters the Nominated Bond Origination Service Provider to obtain further required information. 18.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters the Nominated Bond Origination Service Provider in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators. The Purchaser shall still endeavour to request for the appointment of the conveyancers appointed herein, to attend to the registration in the event of such privately obtained bond. 18.4 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters the Nominated Bond Origination Service Provider to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom who is interested in purchasing the Property and with whom this Agreement is entered into. 18.5 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters the Nominated Bond Origination Service Provider for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “BC” attached hereto.

BOND ORIGINATOR. 18.1 19.1 In the interest of obtaining bond approval as soon as possible, the Purchaser will, where this Agreement is subject to the Purchaser obtaining mortgage finance, use the services of BondMatters (“BondMatters”) as a mortgage originator, and will forward all documents required by BondMatters for the submission of a mortgage bond application with the major banks. 18.2 19.2 The Seller will release the Purchaser’s contact details and the signed Agreement to BondMatters as part of the bond approval process. The Purchaser will then be contacted by BondMatters to obtain further required information. 18.3 19.3 The Seller may upon request from the Purchaser waive the Purchaser’s obligation to use BondMatters in instances where it is in the Seller’s opinion reasonable to do so, such as in the case of private bank clients who cannot obtain bonds by use of mortgage originators. 18.4 19.4 The Seller acknowledges that consent is required to proceed with the home loan application process. The Seller hereby agrees and gives consent to BondMatters to process its personal information for purposes relating to the home loan application to be made by the Purchaser whom is interested in purchasing the Property and with whom this Agreement is entered into. 18.5 19.5 The Purchaser acknowledges that consent is required to proceed with the home loan application process. The Purchaser hereby agrees and gives consent to the Seller and the estate agent/s to sharing this Agreement and the Purchaser’s personal information with BondMatters for purposes relating to the home loan application to be made by the Purchaser, which consent is more detailed in Schedule “B” attached hereto.