Agreement for payment of legal fees by instalments

The Purchaser borrower agrees to borrow and the lender agrees to lend the amount of total loan and to make the monthly payments with interest at the rate stated over the term of the loan

Purchaser/borrower

Mr and Mrs John and Jenny Smith

Address of purchaser borrower

57 Queens Street Hornsby

Amount of legal fees being funded

$1,398.00

Amount of caveat registration fee

$102.00

TOTAL LOAN

$1500.00

Term of the loan

12 months

Amount of monthly payments

$136.81

Date of start of monthly payments

1st June 2013

Date of each monthly payment

1st each month

Total amount of interest paid over term of payments

$142.12

Interest rate

17% per annum

Bank account for direct debit

St George Bank Limited BSB 112 879 account ***********

Security property on which caveat will be lodged in the event of failure to pay the instalments

57 Queens Street Hornsby

Lender

Conveyancing and Mortgage Shop Pty Limited ACN 102 192 227

Address of lender

Suite 605 1 Railway Street Chatswood NSW 2067 Telephone 94103846 FAX 94153211 email henry@conveyancingshop.com.au

Signed by the borrowers

Signed by Conveyancing and Mortgage Shop Pty Limited ACN 102 192 227