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Residential MortgageAlbertaLand Titles ActDate: FORMTEXT ?????You, FORMTEXT ????? FORMTEXT ????? FORMTEXT ?????covenant with us,Bank of MontrealAddress: FORMTEXT ????? FORMTEXT ?????.Mortgage number: FORMTEXT ?????.that, in consideration of other consideration and one dollar paid to you (the receipt of which you acknowledge), you will comply with your obligations under this document and the General Terms.The land being mortgaged is described in the schedule to this mortgage.The land being mortgaged is subject to the registered encumbrances, liens and interests, if any, shown in the Certificate of Title.And, as guarantor or guarantors, FORMTEXT ?????agrees or agree with us as set out in this document.By entering into the mortgage with us, you promise to repay a loan and you give us security over property. The security gives us a right to have the property used to pay what is owed.The mortgage consists of this document and General Terms. This document shows the basic terms of the loan and other specific terms. The General Terms are contained in our standard terms described in section REF _Ref130741462 \r \h \* MERGEFORMAT 1.2 below. In the mortgage, you means each person giving security under the mortgage (except in part 13 of the General Terms). We means each person receiving the security (and therefore means Bank of Montreal). Other expressions have the meanings in the General Terms.Standard form mortgage.This mortgage. This mortgage consists of these terms and is subject to the terms contained in the standard form mortgage that was filed with the Registrar under the Land Titles Act, as varied by any deletions from, or amendments or additions to, the terms of the standard form mortgage.Standard form mortgage. The identifying number or mark, that was assigned to the standard form mortgage filed with the Registrar, that contains the terms referred to in section REF _Ref130741501 \r \h \* MERGEFORMAT 1.1, is 151052311.You acknowledge:You understand the nature of the statement referred to in section REF _Ref130741501 \r \h \* MERGEFORMAT 1.1.You have been given a copy of our standard form mortgage referred to in sections REF _Ref130741501 \r \h \* MERGEFORMAT 1.1 and REF _Ref130741462 \r \h \* MERGEFORMAT 1.2.You are the registered owner(s) of FORMCHECKBOX ?an estate in fee simple?? FORMCHECKBOX ?a leasehold estate in the land being mortgaged.You mortgage all of your estate and interest in the land for the purpose of securing the payment of the principal amount, interest, all other amounts secured by the mortgage, and the other obligations to us under the mortgage.Basic terms of the loan.Principal amount. $ FORMTEXT ?????.Interest rate. FORMTEXT ?????% per year.Calculation period. Calculated FORMTEXT ?????, not in advance.Interest adjustment date. FORMTEXT ?????.Instalment date and period. FORMTEXT ?????.Amount of each instalment. $ FORMTEXT ?????.First instalment date. FORMTEXT ?????.Last instalment date. FORMTEXT ?????.Balance due date. FORMTEXT ?????.Mortgage product. You have a FORMTEXT ????? term.Variable rate terms. This section REF _Ref130741569 \r \h \* MERGEFORMAT 2.11 applies if you have a variable rate term.General Terms. Part 3 of the General Terms contains terms for our variable interest rates. Current interest rates.On FORMTEXT ?????, our prime rate was FORMTEXT ?????% per year.On that date, your interest rate was FORMTEXT ?????% per year, calculated monthly not in advance.This is equivalent to FORMTEXT ?????% per year calculated half-yearly not in advance. OtherAdded terms for Alberta.Terms included by law. The Land Titles Act includes terms in a mortgage unless the mortgage excludes them. Those terms and any similar terms in any future law that applies in Alberta are excluded from the mortgage.Special Terms.For the purposes of mortgage default insurance and the Law of Property Act (Alberta), the mortgage is:? FORMCHECKBOX ? This mortgage is an insured mortgage; or? FORMCHECKBOX ? This mortgage is a not an insured mortgage; or? FORMCHECKBOX ? This mortgage is a high ratio mortgage to which sections 43 (4.1) and (4.2) and 44 (4.1) and (4.2) of the Law of Property Act apply. You and anyone who, expressly or impliedly, assumes this mortgage from you, could be sued for any obligations under this mortgage if there is a default by you or by a person who assumes this mortgage. FORMTEXT ?????Guarantee.Each person who agrees to this document as a guarantor guarantees the mortgage on the terms set out in part 13 of the General Terms.You confirm that you have received a copy of the mortgage, including our General Terms. Each other person entering into the mortgage confirms receiving a copy of those documents.Signed in the presence of:Witness:Name: FORMTEXT ?????Name: FORMTEXT ?????Signed in the presence of:Witness:Name: FORMTEXT ?????Name: FORMTEXT ?????Signed in the presence of:Witness:Name: FORMTEXT ?????Name: FORMTEXT ?????Signed in the presence of:Witness:Name: FORMTEXT ?????Name: FORMTEXT ?????Consent of SpouseI, FORMTEXT ?????, being married to the above named FORMTEXT ?????, do hereby give my consent to the disposition of our homestead, made in this instrument, and I have executed this document for the purpose of giving up my life estate and other dower rights in the said property given to me by The Dower Act, to the extent necessary to give effect to the said disposition.(Signature of Spouse)Name: FORMTEXT ?????Certificate of Acknowledgement by Spouse1.This document was acknowledged before me by FORMTEXT ????? apart from her husband (or his wife).2. FORMTEXT ????? acknowledged to me that she (or he),(a)is aware of the nature of the disposition;(b)is aware that The Dower Act gives her (or him) a life estate in the homestead and the right to prevent disposition of the homestead by withholding consent;(c)consents to the disposition for the purpose of giving up the life estate and other dower rights in the homestead given to her (or him) by The Dower Act to the extent necessary to give effect to the said disposition;(d)is executing the document freely and voluntarily without any compulsion on the part of her husband (or his wife).Dated at FORMTEXT ?????, in the Province of FORMTEXT ?????, this day of FORMTEXT ?????, 20 FORMTEXT ?????.If signed outside Alberta, the Certificate of Acknowledgement by Spouse must be completed by a notary public, who must complete the paragraph opposite and impress official seal.________________________________________A Commissioner for oaths in and for the Province of AlbertaPrint name: FORMTEXT ????? My Commission expires on FORMTEXT ?????, 20 FORMTEXT ?????.A Notary Public in and for FORMTEXT ?????. My Commission expires on FORMTEXT ?????, 20 FORMTEXT ?????.ScheduleDescription of Land FORMTEXT ?????Dower AffidavitI, FORMTEXT ?????, of FORMTEXT ????? in the Province of FORMTEXT ?????, make oath and say:1. FORMCHECKBOX I am the mortgagor named in the within instrument.Or. FORMCHECKBOX I am the agent acting under power of attorney in my favour registered in the Land Titles Office on FORMTEXT ?????, 20 FORMTEXT ????? as instrument FORMTEXT ????? granted by the Mortgagor named in the within instrument.2. FORMCHECKBOX I am not married (or My principal is not married).Or. FORMCHECKBOX Neither myself nor my spouse (or Neither my principal nor his or her spouse) have resided on the within mentioned land at any time since our (or their) marriage.Or. FORMCHECKBOX I am (or My principal is) married to FORMTEXT ?????, being the person who executed the release of dower rights registered in the land titles office on FORMTEXT ????? as instrument FORMTEXT ?????.Or. FORMCHECKBOX A judgment for damages was obtained against me by my spouse (or against my principal by his or her spouse) and registered in the Land Titles Office on FORMTEXT ????? as instrument number FORMTEXT ?????.Sworn before me, at) FORMTEXT ????? in the Province)of FORMTEXT ?????, this FORMTEXT ????? day of) FORMTEXT ?????, 20 FORMTEXT ?????.)Name: FORMTEXT ?????)A Commissioner for oaths in and for the Province of )Alberta)Print name: FORMTEXT ?????))My Commission expires on) FORMTEXT ?????, 20 FORMTEXT ?????.))A Notary Public in and for) FORMTEXT ?????.)If signed outside Alberta, the Dower Affidavit must be sworn by the mortgagor or agent before a notary public, who must complete the paragraph opposite and impress official seal.)My Commission expires on) FORMTEXT ?????, 20 FORMTEXT ?????.)Affidavit of WitnessI, FORMTEXT ?????, of FORMTEXT ????? in the Province of FORMTEXT ?????, make oath and say:1. FORMCHECKBOX I was personally present and did see FORMTEXT ????? and FORMTEXT ?????, who is (are) known to me to be the person(s) named in the within (or annexed) instrument, duly sign the instrument. Or. FORMCHECKBOX I was personally present and did see FORMTEXT ?????, who, on the basis of the identification provided to me, I believe to be the person(s) in the within (or annexed) instrument, duly sign the instrument.2.The instrument was signed at FORMTEXT ????? in the Province of FORMTEXT ????? and I am the subscribing witness thereto.3.I believe each person whose signature I witnessed is at least eighteen (18) years of age.Sworn before me, at) FORMTEXT ????? in the Province)of FORMTEXT ?????, this FORMTEXT ????? day of) FORMTEXT ?????, 20 FORMTEXT ?????.)Name: FORMTEXT ?????)A Commissioner for oaths in and for the Province of )Alberta)Print name: FORMTEXT ?????)My Commission expires on FORMTEXT ?????, )20 FORMTEXT ?????.))If signed outside Alberta, the Affidavit of Witness must be sworn by the witness before a notary public, who must complete the paragraph opposite and impress official seal.A Notary Public in and for) FORMTEXT ?????. My Commission)expires on FORMTEXT ?????, 20 FORMTEXT ?????.)The Guarantees Acknowledgment Act of AlbertaCertificate of Barrister and SolicitorI hereby certify that:1. FORMTEXT ?????, of FORMTEXT ????? in the Province of FORMTEXT ?????, the guarantor in the guarantee dated FORMTEXT ????? made between FORMTEXT ????? and Bank of Montreal, which this certificate is attached to or noted upon, appeared in person before me and acknowledged that he or she had executed the guarantee.2.I satisfied myself by an examination of him or her that he or she is aware of the contents of the guarantee and understands it.CERTIFIED by ____________________, Barrister and Solicitor at the _______ of __________ in the Province of Alberta this FORMTEXT ????? day of FORMTEXT ?????, 20 FORMTEXT ?????.Signature of Barrister and SolicitorStatement of GuarantorI am the person named in this certificate.Signature of guarantorName: FORMTEXT ?????? ................
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