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The Private Mortgage Contract is a fundamental legal document used in Danish real estate financing transactions to establish and document mortgage arrangements between lenders and borrowers. This document is essential when individuals or entities seek to obtain financing secured against real property in Denmark. It must comply with strict Danish regulatory requirements, including the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds Act, property registration laws, and consumer protection legislation. The contract typically includes detailed provisions on loan amount, interest calculations, repayment terms, security arrangements, borrower obligations, and enforcement procedures. It's designed to protect both lender and borrower interests while ensuring compliance with Danish mortgage lending practices and regulations.

1. Parties: Identification of the lender and borrower with full legal names, addresses, and identification numbers

2. Background: Context of the mortgage agreement, including property purchase details and purpose of the loan

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Details: Principal amount, interest rate, term of loan, and payment schedule

5. Security: Description of the mortgaged property and details of the security being granted

6. Interest and Payments: Interest calculation method, payment dates, prepayment terms and conditions

7. Property Obligations: Borrower's obligations regarding property maintenance, insurance, and permitted use

8. Representations and Warranties: Borrower's declarations regarding their financial status, property ownership, and legal capacity

9. Events of Default: Circumstances constituting default and their consequences

10. Enforcement Rights: Lender's rights and remedies in case of default, including foreclosure procedures

11. Costs and Expenses: Allocation of costs related to the mortgage, including registration fees and enforcement costs

12. Notices: Communication requirements and contact details for formal notices

13. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction