RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of November 26, 2008 No. 1801

About creation, state registration of mortgages and accounting of the rights on them

Based on parts of the second or fourth of Item 5 of article 16 of the Law of the Republic of Belarus of June 20, 2008 "About mortgage" the Council of Ministers of the Republic of Belarus DECIDES: No. 345-Z

1. Establish approximate form (form) of the documentary mortgage according to appendix.

2. Approve:

The instruction about procedure for creation of the documentary mortgage (is attached);

The instruction about procedure for creation and transfer of the paperless mortgage on centralized storage in Central Securities Depository in the Republic of Belarus, accounting of the rights according to such mortgage in depositary system (is attached).

2-1. Determine that:

2-1.1. state registration of mortgages is performed in the special register of mortgages which is component of the Single state register of real estate, the rights to it and transactions with it;

2-1.2. the following data are subject to entering into the special register of mortgages by registrars of the organizations for state registration of real estate, the rights to it and transactions with it:

about creation and transfer of the mortgage;

about partial execution of the obligation provided with mortgage;

about transition of the rights according to the mortgage and the new owner of the mortgage;

about pledge of the documentary mortgage or the termination of pledge of the documentary mortgage;

about cancellation of the mortgage;

about creation and transfer of the new documentary mortgage instead of damaged;

about error correction in the mortgage and (or) in marks in the mortgage;

about modification of the mortgage and (or) of marks in the mortgage;

about issue of the duplicate of the documentary mortgage;

2-1.3. the procedure for entering into the special register of mortgages by registrars of the organizations for state registration of real estate, the rights to it and transactions with it of the data specified in subitem 2-1.2 of this Item is determined by the State committee on property.

3. This resolution becomes effective since December 27, 2008, except for the paragraph of the third Item 2, becoming effective since June 27, 2009.

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of November 26, 2008 No. 1801

Approximate form (form) of the documentary mortgage

Mortgage No. ______

1. Pledger ______________________________________________________________

2. Pawnbroker ___________________________________________________________

3. Debtor ___________________________________________________________________

4. The bases of emergence of the obligation which execution is provided with mortgage, 

______________________________________________________________________________

______________________________________________________________________________

5. The size of the obligation provided with mortgage, the size of percent if they are subject to payment according to this obligation, or the conditions allowing to determine the general size of all requirements for the obligation provided with mortgage, __________________________________________

6. Completion date of the obligation provided with mortgage or the conditions allowing to determine terms and the amount of payments, _______________________________________________________

7. The name, the description and the location of the property which is mortgage subject, _________________________________________________________________________________

8. Data on state registration of the agreement on mortgage ________________

______________________________________________________________________________

9. Property value, being mortgage subject, _______________________

______________________________________________________________________________

10. Data on the right based on which the property which is mortgage subject belongs to the pledger, ___________________________________________________________________

______________________________________________________________________________

11. Availability of the encumbrances of the property which is mortgage subject, the third party rights, ___________________________________________________ being subject to state registration

______________________________________________________________________________

12. Agreement on mortgage _______________________________________________________

13. Additional data (conditions) ________________________________________

______________________________________________________________________________

 

The mortgage is constituted on ______________________ sheets.

                          (figures, copy-book)

 

Pledger ______________________________		______________________
(initials, surname)		(signature)
Debtor _________________________________		______________________
(initials, surname)		(signature)

 

Is registered in the special register of mortgages ___ _______________.

______________________________________________________________________________

                 (place of state registration of mortgages)

 

Date of transfer to the mortgage initial pawnbroker:

___ __________________.

 

Registrar ________________________		____________________________
(initials, surname)		(signature, seal of the registrar)

Mark about the new owner of the mortgage

Information about the new owner of the mortgage ___________________________________________

________________________________________________________________________________

The basis of acquisition of rights according to the mortgage _______________________________________

________________________________________________________________________________

________________________________________________________________________________

Date of acquisition of rights according to the mortgage ____________________________________________

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