Mortgage Terms. The terms and conditions for all Mortgages, including but not limited to the interest rate, will be set from time to time by Minnesota Housing, at its sole option and discretion, and communicated to the Lender in accordance with the procedures set forth in the Procedural Manual.
Mortgage Terms. The Borrower further agrees that the attached Mortgage Terms form part of this Mortgage. The Borrower acknowledges having received a true copy of this Mortgage. The Spouse of the Borrower consents to this Mortgage and does further convey all of the right title and interest of such Spouse to the Lender to the same extent as the conveyance herein by the Borrower subject to the proviso for payment set forth herein. Dated on , . Signed, sealed and delivered in the presence of: ) LS Witness ) Borrower ) )
Mortgage Terms. Any mortgage placed upon the Leased Premises or Tenant’s interest therein shall contain provisions appropriate to recognize and facilitate the provisions of this Article VIII as to the payment, application and use of insurance proceeds.
Mortgage Terms. The Borrower further agrees that the attached Mortgage Terms form part of this Mortgage. The Borrower acknowledges having received a true copy of this Mortgage. The Spouse of the Borrower consents to this Mortgage and does further convey all of the right title and interest of such Spouse to the Lender to the same extent as the conveyance herein by the Borrower subject to the proviso for payment set forth herein. Dated on , _. Signed, sealed and delivered in the presence of: _ _ ) LS Witness ) Borrower ) _ _ ) LS Witness ) Borrower The address of the mortgagee is c/o Marathon Mortgage Corp. Suite 000 - 00 Xxxxxxxxxx Xxxxxx Toronto, ON M5J 1T1 CANADA PROVINCE OF COUNTY OF I CERTIFY that on this day of , 20 , , one of the parties mentioned in the foregoing and annexed Mortgage, executed the same in my presence and I have signed as a witness to such execution. A Barrister, Commissioner or Notary Public C A N A D A ) PROVINCE OF SASKATCHEWAN ) T O W I T ) THE HOMESTEADS ACT, 1989 CONSENT OF NON-OWNING SPOUSE I, , non-owning spouse of , consent to the above disposition. I declare that I have signed this consent for the purpose of relinquishing all my homestead rights in the property described in the above disposition in favour of Computershare Trust Company of Canada to the extent necessary to give effect to this Mortgage. _ (SIGNATURE OF NON-OWNING SPOUSE)
Mortgage Terms. Pay special attention to the needs of your Buyer clients when filling out the terms in Subparagraph
Mortgage Terms. Each Mortgage Loan shall be made at the Mortgage Loan Rate of six point five percent (6.50%) per annum and shall have such other terms and conditions as may be specified in the Procedural Guide.
Mortgage Terms. All of the terms, provisions and covenants of the Original Mortgage, except as expressly modified hereby, shall be and remain in full force and effect.
Mortgage Terms. Vendor agrees to provide to Purchaser, and Purchaser accepts, a mortgage in the amount of TWO MILLION FOUR HUNDRED THOUSAND CANADIAN DOLLARS (CDN $2,400,000) substantially in accordance with the terms and conditions set forth in the mortgage attached as Schedule "B" hereto ("Mortgage") and the terms and conditions in this section 2. The Mortgage shall be for a period of twenty-five (25) month from the Closing Date which shall be August 29, 2003. The full amount of the Mortgage shall become due and payable upon the expiration of the twenty-five (25) month period from the Closing Date which shall be September 29, 2005. No capital payment of any kind is due from Purchaser on the Mortgage prior to September 29,2005. The interest rate for the Mortgage shall be 0% if paid on or before August 29, 2005 and the Purchaser shall have the right to prepay the Mortgage without bonus or penalty anytime up to and including August 29,2005. If Purchaser makes any such prepayment then Vendor agrees to give Purchaser a discount rate on the pre-paid amount from the date that such pre-payment is made, through September 29, 2005, the maturity date of the Mortgage, at 2.5% annually. If payment of the Mortgage is made (i) on or after August 30,2005 through September 29, 2005 or (ii) during the cure period as contained in Schedule B if Purchaser does not make the payment on September 29, 2005, interest would accrue at the rate of 6% per anum on the unpaid balance.
Mortgage Terms. The interest rate for all Mortgages shall be established in accordance with the procedures specified in the ECHO Procedural Manual. All Mortgages shall meet all requirements set forth in the ECHO Procedural Manual.
Mortgage Terms. Part 2 of this mortgage consists of (select one only): a) Prescribed Standard Mortgage Terms [ ] b) Filed Standard Mortgage Terms [ ] D.F. Number: c) Express Mortgage Terms [X] (annexed to this mortgage as Part 2) A selection of (a) or (b) includes any additional or modified terms referred to in Item 10 or in a schedule annexed to this mortgage. ---------------------------------------------------------------------------------------------- 10. ADDITIONAL OR MODIFIED TERMS:* N/A ---------------------------------------------------------------------------------------------- 11. PRIOR ENCUMBRANCES PERMITTED BY LENDER:* N/A ---------------------------------------------------------------------------------------------- 12. EXECUTION(S):** This mortgage charges the Borrower's interest in the land mortgaged as security for payment of all money due and performance of all obligations in accordance with the mortgage terms referred to in Item 9 and the Borrower(s) and every other signatory agree(s) to be bound by, and acknowledge(s) receipt of a true copy of, those terms. -------------------------------------------------------------------------------- EXECUTION DATE -------------------------------------------------------------------------------- OFFICER SIGNATURE(S) Y M D BORRXXXX(X) SIGNATURE(S)
