Common use of Scope of Mortgage Guarantee Clause in Contracts

Scope of Mortgage Guarantee. Maximum mortgage guarantee provided by Mortgager covers the principal, interests, penalty interests, liquidated damages, loss damages as well as the costs for enforcing the mortgage rights and other fees (including but not limited to litigation costs, arbitration fees, property preservation fees, attorney’s fees, business trips fees, execution fees, evaluation fees and auction fees) under the Master Contract.