What if BRXS Properties goes bankrupt or stops operating?

For each series of notes, a lien/mortgage right is set up on the specific property. This mortgage right is established in favor of Stichting Zekerheden BRXS (BRXS Securities Foundation), which acts on behalf of the noteholders who have financed that specific property.

If BRXS Properties cannot repay a loan, Stichting Zekerheden BRXS can enforce the mortgage right on the specific property. This means they could sell the underlying property to pay back the loans for that specific series of notes.

This structure provides a security mechanism for investors, ensuring that even if BRXS as a company faces difficulties, there is a legal pathway to protect the value of your investment through the specific property it is tied to.