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ASSIGNMENT OF HOME ASSETS- BORROWER

IN CONSIDERATION of the Loan facility in the sum of GH₵…….…………………………… .in Loan


#.......................................... granted
by ADVANS GHANA SAVINGS & LOANS LIMITED (“ADVANS GHANA”)
to…………………………………………………… ……. by way of continuing security for all sums which I may from time to
time be actually or contingently indebted or liable to Advans Ghana on any account do HEREBY ASSIGN to Advans
Ghana and agree that Advans Ghana shall hold, retain and have a lien upon all the valuable assets in my home
located at…………………………………………………………………… ……………………………..

I further declare that I have obtained the consent of my spouse/co-owner to use the assets in my/our home
assecurity for the loan. Which said consent is shown by my spouse/co-owner appending his/her signature below.

I AGREE that IN THE EVENT of any default WHATSOEVER by me to discharge my obligations in accordance with
the repayment schedule agreed upon and attached to the Loan Agreement, the loan shall immediately become due
and Advans Ghana’s right to realize its lien over the assets assigned herein shall be exercisable immediately and
Advans Ghana shall seize and sell the assets which are listed below or assets of a similar nature which may in
the future be owned by me/us and apply the proceeds in satisfaction of my indebtedness.

List of Current items Type(FA/VEH/INV)

DATED ON ……/……../…………

……………………………………… ………………………………………. ………………………………… ……………………………………..


Name: Current Owner Name: Co-owner Name: Witness Name: Advans Ghana

…………………………………… …………………………………………. ………………………………… ….….…………………………….


Signature: Current Owner Signature: Co-owner Signature: Witness Signature: Advans Ghana
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