Loan for the purchase
of residential real estate

Warning of possible consequences for the Client in case of using the service or failure to fulfil obligations under the consumer loan agreement "Loan for the purchase of
Residential Property Loan" (hereinafter referred to as the Loan).

1.Possible consequences for the Client in case of using the banking service:

The Client has no right to withdraw from the Loan Agreement, the fulfilment of obligations under which is secured by concluding a notarised mortgage agreement.

The Client shall repay the loan amount, fees and interest for its use in accordance with the terms of the Loan Agreement and the requirements of the legislation of Ukraine.

The Bank and the Client shall be liable for non-fulfilment or improper fulfilment of obligations under the Loan Agreement in accordance with the terms of the Loan Agreement and the requirements of the current legislation of Ukraine.

In the cases specified in the Loan Agreement, the Bank has the right to demand early repayment of loan payments and compensation for losses incurred by the breach of the obligation.

The Bank has the right to satisfy the claim for repayment of the loan debt at the expense of the mortgaged real estate, including out of court if there is a corresponding reservation in the mortgage agreement or in a separate agreement concluded with the Bank. The mortgage of property shall be terminated in case of full repayment of the client's debt under the Loan Agreement, expiration of the mortgage agreement or sale of the mortgaged property in accordance with the Law of Ukraine "On Mortgage".
If the funds received from the sale of the mortgaged real estate are insufficient to repay the claim under the Loan Agreement, the Bank may foreclose on the client's personal property to repay the loan.

The Bank has the right to enter information into the credit bureau/Credit Register of the National Bank of Ukraine, which may lead to the formation of a negative credit history and be taken into account by the Bank or other financial institutions when making a decision on granting a loan in the future.

The Bank has the right to engage collection companies acting in the interests of the Bank to settle overdue debts. The Client has the right to apply to the National Bank of Ukraine in case of violation by the collection company of the Law of Ukraine "On Consumer Lending" and/or other legislation in the field of consumer lending, including violation of the requirements for interaction with the Borrower in the settlement of overdue debt (requirements for ethical behaviour), as well as to file a claim for compensation for damage caused to the Borrower in the process of settlement of the latter's overdue debt. The Collection Company shall be liable in accordance with Article 182 of the Criminal Code of Ukraine.

2.Possible consequences for the Client in case of non-fulfilment of his/her obligations under the banking service agreement:

2.1. In case of violation of the terms of repayment of the Loan and/or interest and/or fees, the Client is obliged to pay a penalty to the Bank in the amount of double the NBU discount rate in force during the period of delay, of the amount of the overdue payment for each day of delay, but not more than 15% of the overdue payment.

2.2. If the Client fails to repay the amount of the Loan or a part thereof on the day of final repayment of the Loan or on the day of early repayment of the Loan at the request of the Bank, the Client is obliged to pay the Bank the amount of the debt (Loan or part thereof) taking into account the established inflation index for the entire period of delay, as well as interest accrued on the debt amount at the interest rate specified in the loan agreement increased by 10.0 (ten) percent per annum for the period from the day following the day of final repayment of the Loan/day of early repayment of the Loan at the request of the Bank until the day of full repayment of the Loan inclusive. Such interest shall be accrued on the actual amount of the debt for each day of delay.

2.3. In case of violation of the Client's obligations to insure the collateral and/or accident insurance, the Bank sets an increased interest rate for the use of the Loan for the period of the relevant violation, which is calculated according to the formula the current interest rate for the use of the Loan + 5 (five) per cent per annum.

2.4. A penalty for each breach of obligations under the Loan Agreement in the amount of 2 (two) percent of the actual amount of the Loan debt on the day of the relevant breach, namely for:

-absence of a collateral insurance agreement (payment documents on payment of insurance premiums, originals of insurance agreements)

-Failure to notify the Bank of the occurrence of an insured event under the pledged property insurance agreements, repair of the pledged property

-using the insurance indemnity under the insurance agreement without the Bank's approval;

-Obtaining loans from other financial institutions and loans from third parties, providing guarantees, avalyses, transferring property as collateral (mortgage) without the Bank's consent;

-failure to notify the Bank of any changes in personal data, contact information, place of residence/registration, place of work, position and other circumstances (with the relevant supporting documents) that may affect the fulfilment of obligations under the loan agreement

-failure to provide the Bank with documents confirming the financial position of the client and the person/s (if any) who is a guarantor.

3. The Bank is prohibited from requiring the Client to purchase any goods or services from the Bank or a related or affiliated person as a prerequisite for the provision of these services (except for the provision of a package of banking services).

4.The Bank shall not have the right to unilaterally amend the agreements concluded with the Clients, unless otherwise provided by the agreement or the law.

5.The Client may refuse to receive advertising materials via remote electronic service channels.

6.After termination of the banking service agreement, including in connection with expiration, termination or performance of such agreement, the Client has the right to request information (certificate) from the Bank regarding the fulfilment by the parties of their obligations under the agreement, including information (certificate) on the absence of debt and fulfilment of the Client's obligations under the agreement in full, which the Bank shall provide in the form of a paper or electronic document (at the Client's option) within five business days from the date of receipt of the request.