Repaying the old loan. When we make a new loan under this section 5.11, you must repay all of what is owed at that time on the old loan (including amounts that haven't become due). If you want to repay all or part of what is owed on the old loan before we make the new loan, you can only do so under an option to prepay in the mortgage.
Appears in 4 contracts
Samples: Mortgage Nova Scotia, Newfoundland and Labrador, www.bmo.com
Repaying the old loan. When we make a new loan under this section 5.115.12, you must repay all of what is owed at that time on the old loan (including amounts that haven't become due). If you want to repay all or part of what is owed on the old loan before we make the new loan, you can only do so under an option to prepay in the mortgage.
Appears in 4 contracts
Samples: Mortgage Nova Scotia, Newfoundland and Labrador, www.bmo.com
Repaying the old loan. When we make a new loan under this section 5.117.11, you must repay all of what is owed at that time on the old loan (including amounts that haven't become due). If you want to repay all or part of what is owed on the old loan before we make the new loan, you can only do so under an option to prepay in the mortgagecontract.
Appears in 1 contract
Samples: www.bmo.com
