Article 53 of the Guarantee Law stipulates that if schools, kindergartens, hospitals and other public institutions and social organizations use property other than their educational facilities, medical and health facilities and other public welfare facilities as collateral for their debts, the people's court may determine that the mortgage is valid. In other words, you can mortgage the property where the kindergarten is located, but you can't mortgage the loan in the name of the kindergarten.

every bank can take out mortgage loan with the property where the kindergarten is located as mortgage.