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The Land Mortgage Agreement is a crucial security document used in Malaysian property financing transactions when a borrower pledges land or property as collateral for a loan. This document type is essential for both residential and commercial property financing, creating a registrable charge under the National Land Code 1965. It is commonly used by banks, financial institutions, and property owners in Malaysia when securing property loans, whether for purchase, refinancing, or other financing purposes. The agreement must comply with strict requirements under Malaysian law, including proper execution, witnessing, and registration at the relevant Land Office. The document contains detailed provisions about the secured property, repayment terms, borrower's obligations, lender's rights, and enforcement mechanisms. It can be structured either as a conventional mortgage or an Islamic charge, depending on the financing structure chosen by the parties.

1. Parties: Identification of the Chargor (borrower/property owner) and Chargee (bank/financial institution)

2. Background: Context of the mortgage arrangement, including reference to the facility agreement and purpose of the charge

3. Definitions: Definitions of key terms used throughout the agreement, including statutory terms from the National Land Code

4. Creation of Charge: Express provision creating the legal charge over the property in accordance with the National Land Code

5. Security: Description of the secured property and the obligations being secured

6. Representations and Warranties: Chargor's declarations regarding ownership, authority, and property status

7. Chargor's Covenants: Obligations of the Chargor including property maintenance, insurance, and payment obligations

8. Events of Default: Circumstances constituting default and triggering enforcement rights

9. Chargee's Rights and Remedies: Rights of the Chargee upon default, including power of sale and appointment of receivers

10. Continuing Security: Provisions ensuring the charge remains effective until all secured obligations are fulfilled

11. Notices: Requirements for valid service of notices between parties

12. Governing Law and Jurisdiction: Confirmation of Malaysian law application and jurisdiction