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(For use in Newfoundland-Labrador, Nova Scotia and Prince Edward Island)

INITIAL ALL DELETIONS

INSERT EXECUTION DATE

THIS INDENTURE made in duplicate the ___________day of _____________________

_______________________ , _______________ .

(year)

DELETE IN NFLD.

IN PURSUANCE OF THE ENACTMENTS RESPECTING SHORT FORMS OF INDENTURES

INSERT NAMES DESCRIPTIONS AND CAPACITY AS ON TITLE

DEED

(hereinafter called the "Mortgagor")

OF THE FIRST PART

- And -

BANK OF MONTREAL, one of the Chartered Banks of Canada (hereinafter called the "Mortgagee")

OF THE SECOND PART

DELETE IN NL. AND DELETE IF NO SPOUSE OR IF SPOUSE A MORTGAGOR

and-

spouse of the Mortgagor

OF THE THIRD PART

(1) WHEREAS by one or more agreements in writing as amended, restated, substituted, replaced, renewed or extended (hereinafter sometimes collectively called the "Agreement") the Mortgagor is and/or will become indebted to the Mortgagee for advances of money pursuant to the Agreement up to a maximum balance of $ _________ (hereinafter called the "said Sum").

2) AND WHEREAS the Mortgagee has demanded from the Mortgagor security for repayment of the said Sum and interest thereon and for the due fulfillment of the obligations of the Mortgagor under the terms of the Agreement and also for repayment of all other present and future indebtedness and liability of the Mortgagor to the Mortgagee whether now existing or hereafter created and interest thereon (all of which said Sum, obligations and other present and future indebtedness and liability and interest is hereinafter called the "said Indebtedness").

3) WITNESSETH, that in consideration of the premises and of other valuable consideration and of the sum of Two Dollars ($2.00) of lawful money of Canada, now paid by the said Mortgagee to the said Mortgagor, the said Mortgagor as beneficial owner and as owner in all other capacities under law or equity doth hereby grant, assign, convey and mortgage unto the said Mortgagee, its successors and assigns forever:

All and Singular the certain parcel or tract of land and premises described in Schedule "A" hereto ("Mortgaged Premises").

DELETE IN

NL. AND PEI (4-A) The spouse of the said Mortgagor consents to and joins in this mortgage and subjects any interest of the spouse in the said lands to this mortgage, and agrees that the Mortgagee may without further notice to the spouse deal with the said land and the said Indebtedness as the Mortgagee may see fit and that any notice to the Mortgagor shall be sufficient notice to the spouse.

DELETE IN

NFLD. AND (4- B) The spouse of the Mortgagor, pursuant to Part 3 of the Family Law Reform Act 1978, does

NOVA SCOTIA hereby release all his or her interests in and consent to the disposition or encumbrance of the lands and premises herein.

Provided this mortgage to be void upon payment of the said Indebtedness and of all promissory notes, bills of exchange and other instruments or agreements now or hereafter representing the said Indebtedness or any part thereof, and all renewals and replacements of and substitutions for the sums or any of them or any part thereof, and of all such other sums as the Mortgagee may be entitled to by virtue of these presents, as and when such said Indebtedness, promissory notes, bills of exchange and other instruments, agreements, renewals, replacements, substitutions and sums shall respectively become due and payable, with interest as well after as before maturity and both before and after default at the rate or rates of interest applicable to the said Indebtedness, and taxes and performance of statute labour, and upon the observance and performance of all covenants, provisos and conditions herein contained. The said Indebtedness, including the said Sum aforesaid, shall be payable on demand.

It is agreed between the Mortgagor and the Mortgagee that these presents are and shall be a continuing security to the Mortgagee for the repayment of all present and future amounts owing upon the said Indebtedness. Notwithstanding at any time or from time to time there is (i) any change in the nature, state or form of any account between the Mortgagor and the Mortgagee, (ii) any new advance by the Mortgagee to the Mortgagor, whether by way of loan, discount, the drawing of a cheque against an account of the Mortgagor or otherwise, (iii) any discount or acceptance by the Mortgagee from or for the Mortgagor of any promissory note, bill of exchange or other negotiable instrument or commercial paper, (iv) any credit of any amount to any account of the Mortgagor by reason of deposit of moneys or otherwise, (v) any renewal, replacement, substitution or alteration of any promissory note, bill of exchange or other negotiable instrument or other commercial paper from time to time held by the Mortgagee or any reduction, satisfaction, payment, release or discharge thereof, or of any other security therefor, no such event or act shall constitute or be deemed to be a repayment on account of the said Indebtedness or any part thereof or call for or require any application, appropriation or payment on account of the said Indebtedness or any part thereof, unless such application, appropriation or payment shall have been expressly agreed to in writing by the Mortgagee and have been certified on a copy of this mortgage by the signature of some official of the Mortgagee or until this mortgage shall have been fully released and discharged by the unconditional delivery of a discharge of mortgage under the corporate seal of the Mortgagee; and this mortgage shall be deemed to be taken as security for the ultimate balance of the said Indebtedness. It is further agreed that these presents shall not nor shall anything herein contained operate so as to create any merger, rebate or discharge of any debt owing to the Mortgagee or of any lien, bond, promissory note, bill of exchange or other security held by or which may hereafter be held by the Mortgagee from the Mortgagor or from any other person or persons whomsoever, and these presents shall not in any way prejudicially affect any security held or which may hereafter be held by the Mortgagee for the said Indebtedness or any part or parts thereof or the liability of any endorser or any other person or persons upon any such lien, bond, bill of exchange, promissory note or other security or contract or any renewal or renewals thereof held by the Mortgagee for or on account of the said Indebtedness or any part or parts thereof, nor shall the remedies of the Mortgagee in respect thereof be prejudiced or delayed in any manner whatsoever by the taking of this mortgage.

It is further agreed that any and all payments made in respect of the said Indebtedness and the moneys or other proceeds realized from any securities held therefor (including this mortgage) may be applied, and re-applied notwithstanding any previous application, on such part or parts of the said Indebtedness as the Mortgagee may see fit, and that every certificate signed by the manager or acting manager of the branch of the Mortgagee where the Mortgagor's account is kept at the time such certificate is signed purporting to show at any particular time the amount of the said Indebtedness or the amount due and payable under this mortgage shall be prima facie evidence as against the Mortgagor of the amount of the said Indebtedness or the amount due and payable under this mortgage at such time.

The said Mortgagor covenants with the said Mortgagee that the Mortgagor will pay the mortgage money and interest, namely the said Indebtedness, and observe the above proviso, that the Mortgagor has a good title in fee simple to the said lands; and that he has the right to convey the said lands to the Mortgagee; and that on default the Mortgagee shall have quiet possession of the said lands free from all encumbrances; and that the Mortgagor will execute such further assurances of the said lands as may be requisite, and that the Mortgagor has done no act to encumber the said lands, save as to any prior mortgage herein referred to, if any; and that the said Mortgagor will insure the buildings on the said lands to the amount of not less than their full insurable value in dollars of lawful money of Canada and that such insurance shall include loss or coverage normally included in the opinion of the Mortgagee in an extended coverage endorsement and if a steam boiler or any other object generating steam or operated by steam shall be operated on or in the said Mortgaged Premises or any building thereon, the said clause shall include insurance against loss or damage by explosion of such boiler or other object.

It is agreed that evidence of continuation of such insurance having been effected shall be produced to the Mortgagee at least fifteen days before the expiration thereof; otherwise the Mortgagee may provide therefor and charge to the Mortgagor the premium paid therefor and the same shall be a part of the said Indebtedness and shall be a charge upon the said lands hereunder and shall be payable forthwith with interest thereon at the rate then applicable to the outstanding balance of the said Sum aforesaid, or if more than one rate is applicable to the said Sum the highest of such rates, and in default the balance of the said Indebtedness shall immediately become due and payable and all powers hereby conferred shall become exercisable. It is further agreed that the Mortgagee may require any insurance on the said buildings to be effected with a company approved by it, and also may of its own accord without reference to the Mortgagor effect or maintain any insurance herein provided for in such companies as it may see fit, and any amount paid by it therefor shall be forthwith payable to it with interest at the rate aforesaid by the Mortgagor and shall be a charge upon the said lands hereunder. The Mortgagee shall be named as beneficiary in all insurance contracts effected by the Mortgagor hereunder, and the Mortgagor agrees, upon demand, to transfer all policies and insurance effected upon the buildings, erections or fixtures (erected or to be erected) on the Mortgaged Premises with the Mortgagee's standard mortgage clause attached and the indemnity which may become due therefrom, and the Mortgagee shall have a lien for the payment of the said Indebtedness on all insurance on the said buildings, erections or fixtures whether effected under any covenant herein or otherwise and may elect to have the insurance moneys applied in reinstatement or towards payment of the said Indebtedness whether due or not, but shall not be bound to accept the said moneys in payment of any principal or other part of the said Indebtedness not due.

The Mortgagor covenants that he will pay all taxes, rates and other impositions whatsoever already charged or hereafter to be charged by any authority on the Mortgaged Premises as and when they shall fall due and that he will within one month from the date fixed for the payment of the last instalment of such taxes, rates and other impositions in each year furnish the Mortgagee with receipted tax bills showing all such taxes, rates and other impositions for the year paid.

It is hereby declared and agreed that all erections, machinery, plant, buildings and improvements, fixed or otherwise, now or hereafter placed upon the Mortgaged Premises are and shall, immediately on being placed upon the Mortgaged Premises, become fixtures and a part of the Mortgaged Premises, and form a part of this security: and the said Mortgagor and the spouse of the Mortgagor Doth each grant and release to the said Mortgagee all claims upon the Mortgaged Premises subject to the said provisos, and the Mortgagor Doth convey as beneficial owner.

For the better securing the said Indebtedness, the Mortgagor hereby attorns to and becomes a tenant of the Mortgaged Premises to the Mortgagee from year to year from the day of the execution hereof during the term of this mortgage and any renewals thereof at a rental equivalent to and applicable in satisfaction of the interest hereinbefore provided to be paid and payable monthly, the legal relation of landlord and tenant being hereby constituted between the Mortgagee and Mortgagor in regard to the Mortgaged Premises. It is agreed that neither the existence of this clause, nor anything done by virtue hereof shall render the Mortgagee a mortgagee in possession, or accountable for any monies except those actually received by it, and that the Mortgagee may on default of payment or on breach of any of the covenants in this mortgage contained enter on the Mortgaged Premises and determine the tenancy hereby created without notice.

Provided that the Mortgagee may distrain for arrears of interest and for overdue principal and any other sum payable hereunder. The Mortgagor waives the right to claim exceptions and agrees that the Mortgagee shall not be limited in the amount for which it may distrain.

Provided that until default of payment, the Mortgagor shall have quiet possession of the Mortgaged Premises.

(15-A) Provided that the Mortgagee, on default of payment for one month, may, on one week's notice, enter on and lease or sell the Mortgaged Premises; and that should such default continue for two months, the foregoing powers of entry, leasing and sale, or any of them, may be exercised without notice; and that the Mortgagee may lease or sell as aforesaid without entering into possession of the Mortgaged Premises; and that service or giving of any notice required hereunder shall be good and effectual, either by leaving the same with an adult person on the Mortgaged Premises, if occupied, or by putting up the same on some portion thereof, if unoccupied, or, at the option of the Mortgagee, by publishing the same once in some newspaper published in the county or district in which the said land is situated; and that such notice shall be sufficient though not addressed to any person or persons by name or designation and notwithstanding any person or persons to be affected thereby may be unknown, unascertained or under disability; and that the title of a purchaser or lessee

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upon a sale or lease made in professed exercise of the above shall not be liable to be impeached on the ground that no cause had arisen to authorize the exercise of such power, or that such power had been improperly or irregularly exercised, or that such notice had not been given, but any person damnified by an unauthorized, improper or irregular exercise of the power shall have this remedy against the person exercising the power in damages only; and that the Mortgagee may sell the whole or any part or parts of the Mortgaged Premises by public auction or private contract, or partly one and partly the other, on such terms as to credit and otherwise as to the Mortgagee shall appear most advantageous and for such prices as can reasonably be obtained therefor; and that sales may be made from time to time of portions to satisfy interest or parts of the principal overdue, leaving the principal or balance thereof to run at interest, payable as aforesaid; and the Mortgagee may make any stipulations as to title, or evidence or commencement of title, or otherwise, as the Mortgagee shall deem proper; and the Mortgagee may buy in or rescind or vary any contract for sale of any of the Mortgaged Premises and re-sell without being answerable for loss occasioned thereby; and in the case of a sale on credit the Mortgagee shall only be bound to pay to the Mortgagor such moneys as have been actually received from purchasers after the satisfaction of the Mortgagee's claim; and for any of such purposes may make and execute all agreements and assurances the Mortgagee deems fit; and that the purchaser at any sale hereunder shall not be bound to see to the propriety or regularity thereof; and that no want of notice or of publication when required hereby, shall invalidate any sale hereunder; and the above powers may be exercised by the successors and assigns of the Mortgagee, and against the heirs, executors, administrators, successors and assigns of the Mortgagor.

(15-B) Provided that the said Mortgagee on default of payment for at least fifteen days may on at least thirty-five days' notice enter on and lease the Mortgaged Premises, or on default of payment for at least fifteen days may on at least thirty-five days' notice sell the Mortgaged Premises. In the event that the giving of such notice shall not be required by law or to the extent that such requirements shall not be applicable, it is agreed that notice may be effectually given by leaving it with a person on the Mortgaged Premises if occupied, or by placing the same on some portion thereof if unoccupied, or at the option of the Mortgagee by mailing it in a registered letter addressed to the Mortgagor at his last known address, or by publishing it once in a newspaper published in the county or district in which the Mortgaged Premises are situated; and such notice shall be sufficient, although not addressed to any person or persons by name or designation, and notwithstanding that any person to be affected thereby may be unknown, unascertained or under disability. In case default be made in the payment of the said Indebtedness or any part thereof, and such default continue for two months after any payment falls due, then the Mortgagee may exercise the foregoing powers of entering, leasing or selling or any of them without any notice, it being understood and agreed however, that if the giving of notice by the Mortgagee shall be required by law, notice shall be given to such persons and in such manner and form and within such time as so required by law, and the Mortgagee may sell the Mortgaged Premises or any part thereof by public auction or private sale for such price as can reasonably be obtained therefor, and on such terms as to credit and otherwise, and with such conditions of sale, and stipulations as to title or evidence or commencement of title or otherwise, as it shall in its discretion deem proper, and in the event of any sale on credit or for part cash and part credit, the Mortgagee shall not be accountable for or charged with any monies until actually received, and the Mortgagee may rescind or vary any contract of sale and may buy in and re-sell the Mortgaged Premises or any part thereof without being answerable for loss ascertained thereby and the Mortgagee may sell all or any part of the buildings, fixtures, machinery, crops and standing or fallen trees apart from the Mortgaged Premises and the purchaser shall have all necessary access for severing, cutting and removal and no purchaser or lessee shall be bound to inquire into the legality, regularity or propriety of any sale or lease, or be affected by notice of any irregularity or impropriety and no lack of default or want of notice or other requirement or any irregularity or impropriety of any kind shall invalidate any sale or lease hereunder, and the Mortgagee may sell or lease without entering into actual possession of the Mortgaged Premises, and when it desires to take possession, it may break locks and bolts and while in possession shall be accountable only for monies which are actually received by it, and subject to compliance with the provisions of the Planning Act, R.S.P.E.I. 1974, Cap. P-6, and Regulations thereunder, as amended from time to time, sales may be made from time to time of parts of the Mortgaged Premises to satisfy any portion of the principal or other sums forming part of the said Indebtedness owing or in arrears leaving the principal or the residue thereof secured hereunder on the remaining Mortgaged Premises or may take proceedings to sell and may sell the Mortgaged Premises for part of the said Indebtedness, subject to the balance of the said Indebtedness not yet due at the time of the said sale, and the Mortgagor hereby appoints the Mortgagee its true and lawful attorney and agent to make application under the said Planning Act, and to do all things and execute all documents to effectually complete such sale, and the Mortgagee may lease or take sale proceedings hereunder, notwithstanding that other mortgage proceedings have been taken or are then pending, and the proceeds of any sale or lease hereunder may be applied first in payment of any costs, charges and expenses (as between a solicitor and his own client) incurred in taking, recovering or keeping possession of the Mortgaged Premises, or by reason of non-payment or procuring payment of the said Indebtedness.

It is agreed between the parties hereto that the Mortgagee may pay and satisfy the whole or any part of any liens, taxes, rates, charges or encumbrances now or hereafter existing in respect of the Mortgaged Premises or in respect of the said Indebtedness and that such payments together with all costs, charges and expenses (as between a solicitor and his own client) which may be incurred in taking, recovering and keeping possession of the Mortgaged Premises and of inspecting the same and of negotiating this mortgage, investigating the title and preparing and registering this mortgage and other necessary instruments and generally in other proceedings taken in connection with or to realize the said Indebtedness or this mortgage shall be a part of the said Indebtedness hereby secured and shall be a charge on the Mortgaged Premises and shall be payable forthwith with interest at the rate then applicable to the outstanding balance of the said Indebtedness, or if more than one rate is applicable to the said Indebtedness or any portion thereof, the highest of such rates, and in default the balance of the said Indebtedness shall immediately become due and payable at the option of the Mortgagee and all powers hereby conferred shall become exercisable. In the event of the Mortgagee satisfying any such lien, charge or encumbrance, it shall be entitled to all the equities and securities of the person or persons so paid off and is hereby authorized to retain any discharge thereof without registration for so long as it may think fit so to do.

The Mortgagee may at its discretion at all times release any part or parts of the Mortgaged Premises either with or without any sufficient consideration therefor, without responsibility therefor and without thereby releasing any other part of the Mortgaged Premises or any person from this mortgage or from any of the covenants herein contained and without being accountable to the Mortgagor for the value thereof or for any money except that actually received by the Mortgagee it being expressly agreed that every part or lot into which the Mortgaged Premises are or may hereafter be divided does and shall stand charged with the whole of the amount of the said Indebtedness hereby secured and the Mortgagee may grant time, renewals, extensions, indulgences, releases and discharges to, may take securities from and give the same and any and all existing securities up to, may abstain from taking securities from or from perfecting securities of, may accept compositions from and may otherwise deal with the Mortgagor and all other persons and securities as the Mortgagee may see fit without prejudicing the rights of the Mortgagee under this mortgage.

The Mortgagee shall be entitled to prepare or have its counsel prepare a discharge or assignment of the Mortgage and any other documents necessary to discharge or assign any security held by the Mortgagee and shall have a reasonable time after payment of all Indebtedness within which to prepare, execute, record and deliver such documents. Interest at the rate applicable to the Indebtedness shall continue to accrue to the date of receipt of such payment in full. All reasonable fees and expenses of the Mortgagee and all reasonable fees and disbursements of the Mortgagee's counsel in connection with the preparation, review, execution, recording and delivery of such documents shall, to the extent permitted by law, be paid by the Mortgagor to the Mortgagee as a condition precedent to the delivery of such documents.

Provided that no sale or other dealing by the Mortgagor with the equity of redemption in the Mortgaged Premises or any part thereof shall in any way change the liability of the Mortgagor or any other person liable for payment of the said Indebtedness or any part thereof.

The Mortgagor covenants with the Mortgagee that he will keep the Mortgaged Premises, including buildings, erections and improvements thereon in good condition and repair according to the nature and description thereof respectively, and that the Mortgagee may whenever it deems necessary by its agent enter upon and inspect the same and the reasonable cost of such inspection shall be a part of the said Indebtedness hereby secured and be a charge on the Mortgaged Premises. If the Mortgagor neglects to keep the Mortgaged Premises and buildings, erections and improvements thereon in good condition and repair or commits or permits any act of waste on the Mortgaged Premises (as to which the Mortgagee shall be the sole judge), the Mortgagee may make such repairs as it deems necessary and the cost thereof shall be payable by the Mortgagor forthwith and shall be a part of the said Indebtedness hereby secured and shall be a charge upon the Mortgaged Premises and shall be payable forthwith with interest at the rate then applicable to the outstanding balance of the said Indebtedness, or if more than one rate is applicable to the said Indebtedness or any portion thereof, the highest of such rates, until paid and in default the balance of the said Indebtedness shall immediately become due and payable and all powers hereby conferred shall become exercisable.

Notwithstanding anything contained in any promissory note or other instrument or agreement evidencing or relating to any part of the said Indebtedness, and without prejudice to any right hereunder of the Mortgagee to demand payment of the said Indebtedness at any time, if the Mortgagor is in default under any such promissory note, instrument or agreement or under any covenant, agreement or provision of this mortgage or in any mortgage to which this mortgage is subject or upon discovery by the Mortgagee that any covenant or representation contained herein or in any loan or mortgage application made in connection with the said Indebtedness or any part thereof is untrue or upon any judgment being issued against the Mortgagor or upon registration of any mechanic's lien against the Mortgaged Premises or upon the Mortgagor allowing any buildings erected upon the Mortgaged Premises to remain unfinished without any work being done thereon for ten days the whole of the said Indebtedness shall at the option of the Mortgagee forthwith become due and payable, and in default of payment of same with interest as in the case of payment before maturity the powers of entering upon and leasing or selling given hereby or by law or equity may be exercised forthwith and all others hereby conferred shall become exercisable.

Provided that the taking of a judgment or judgments on any of the covenants herein contained shall not operate as a merger of the said covenants or affect the Mortgagee's right to interest at the rate or rates and times herein provided and any such judgment may provide that interest thereon shall be computed at the same rate and in the same manner as herein provided until the said judgment shall have been fully paid and satisfied.

No waiver, condonation or excusing by the Mortgagee of any default, breach or other non-performance by the Mortgagor at any time or times in respect of any covenant, agreement, proviso or condition hereof shall operate as a waiver by the Mortgagee of any subsequent default, breach or non-performance nor so as to defeat or affect in any way the rights of the Mortgagee herein in respect of any such subsequent default, breach or non-performance.

As additional and separate collateral security for the said Indebtedness, the Mortgagor hereby assigns, transfers and sets over to and unto the Mortgagee all rents, incomes and other profits now or hereafter arising from or out of any building, improvement, fixture thereon or part thereof.

In construing these presents the word "Mortgagor" and the personal pronoun "he" or "his" relating thereto and used therewith, shall be read and construed as "Mortgagor" or "Mortgagors", "he", "she","it", or "they", and "his","her", "its", or "their" respectively, as the number and gender of the person or persons referred to in each case require, and the number of the verb agreeing therewith shall be construed as agreeing with the said word or pronoun so substituted, all rights, advantages, privileges, immunities, powers and things hereby secured to the Mortgagee shall be equally secured to and exercisable by its successors and assigns, all covenants and liabilities entered into or imposed hereunder upon the Mortgagor shall be equally binding upon his heirs, executors, administrators and assigns or successors and assigns as the case may be, all such covenants, liabilities and obligations shall be joint and several, time shall be of the essence hereof, the marginal notes herein shall not be a guide to the interpretation of this mortgage and shall not define, restrict or limit any term or provision hereof, and all provisions hereof shall have effect notwithstanding any statute to the contrary.

The Mortgagor acknowledges receipt of an executed copy of this mortgage.

THE MORTGAGOR SHALL NOT MORTGAGE OR ENCUMBER THE MORTGAGED PREMISES OR ANY PART THEREOF OR INTEREST THEREIN OR PERMIT ANY LIEN OR CHARGE THEREON EXCEPTING A CHARGE FOR CURRENT MUNICIPAL TAXES, WITHOUT THE PRIOR WRITTEN PERMISSION OF THE MORTGAGEE.

WITHOUT PREJUDICE TO ANY RIGHT HEREIN OF THE MORTGAGEE TO DEMAND PAYMENT OF THE SAID INDEBTEDNESS AT ANY TIME, THIS MORTGAGE AND THE SAID INDEBTEDNESS SHALL AT THE OPTION OF THE MORTGAGEE FORTHWITH BECOME DUE AND PAYABLE ON THE SALE, TRANSFER, LEASE OR DISPOSAL IN ANY OTHER MANNER OF THE MORTGAGED PREMISES OR ANY PART THEREOF OR INTEREST THEREIN (OTHER THAN AS SET OUT IN PARAGRAPH 27 ABOVE).

Provided that no extension of time given by the Mortgagee to the Mortgagor or any one claiming under him, or any other dealing by the Mortgagee with the owner or owners of the equity of redemption of the said lands or of any part thereof, shall in any way affect or prejudice the rights of the Mortgagee against the Mortgagor or any other person liable for the payment of the money hereby secured, and that this mortgage may be renewed by an agreement in writing at maturity for any term with or without an increased rate of interest notwithstanding that there may be subsequent encumbrancers. And it shall not be necessary to register any such agreement in order to retain priority for this mortgage so altered over any instrument registered subsequently to this mortgage. PROVIDED that nothing contained in this paragraph shall confer any right of renewal upon the Mortgagor.

The Mortgagor covenants with the Mortgagee that the Mortgagor will reimburse the Mortgagee for legal fees, real estate commissions and other costs incurred by the Mortgagee in exercising the powers of sale herein contained.

And the Mortgagor covenants and agrees with the Mortgagee that forthwith after any charge or happening affecting any of the following, namely (a) the spousal status of the Mortgagor, (b) the qualification of the Mortgaged Premises as a matrimonial home within the meaning of the relevant legislation in the province where the Mortgaged Premises are situated, as amended, and (c) the ownership of the equity of redemption in the Mortgaged Premises, the Mortgagor will advise the Mortgagee accordingly and furnish the Mortgagee with full particulars thereof, the intention being that the Mortgagee shall be kept fully informed of the names and addresses of the owner or owners for the time being of the said equity of redemption and of any spouse who is not an owner but who has a

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right of possession in the Mortgaged Premises. In furtherance of such intention, the Mortgagor covenants and agrees to furnish the Mortgagee with such evidence in connection with any of (a), (b) and (c) above as the Mortgagee may from time to time request.

INSERT ANY ADDITIONAL CLAUSE

IN WITNESS WHEREOF the Parties hereto (save for the Mortgagee) have set their hands and seals on the day and year first above written.

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SCHEDULE "A"

(Attach Legal Description of Mortgaged Premises)

HAVE PROVINCE OF NEWFOUNDLAND-LABRADOR COUNTY OF

AFFIDAVIT OF

WITNESS

SWORN FOR

EACH

SIGNATOR

ON THIS _____________ day of _____________________________ , _________________before me,

(year)

the subscriber, personally came and appeared ______________________________________________

________________________________________ , a subscribing witness to the foregoing Indenture, who,

having been by me duly sworn, made oath and said that ,

one of the Parties thereto, signed, sealed and delivered the same in his/her presence.

_______________________________________

A Barrister of Supreme Court

Of ____________________________________

HAVE PROVINCE OF NEWFOUNDLAND-LABRADOR COUNTY OF

AFFIDAVIT OF

WITNESS

SWORN FOR

EACH

SIGNATOR

ON THIS _____________ day of _____________________________ , _________________before me,

(year)

the subscriber, personally came and appeared ______________________________________________

________________________________________ , a subscribing witness to the foregoing Indenture, who,

having been by me duly sworn, made oath and said that ,

one of the Parties thereto, signed, sealed and delivered the same in his/her presence.

_______________________________________

A Barrister of Supreme Court

Of ____________________________________

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PROVINCE OF PRINCE EDWARD ISLAND COUNTY OF

ON THE day of_________________________, __________ personally appeared

(year)

before me, _________________________________ , of ____________________________________

in the County, Province of ,

and he/she acknowledged that

did freely and voluntarily execute the within mortgage or writing to and for the uses and purposes therein mentioned.

COMMISSIONER

PROVINCE OF PRINCE EDWARD ISLAND COUNTY OF

ON THE day of_________________________, __________ personally appeared

(year)

before me, _________________________________ , of ____________________________________

in the County, Province of ,

are being sworn, testified that _________________________________________________________ is a subscribing witness to the within written mortgage or writing and that ______________________________

______________________________ was present and did see the same duly executed by ____________

______________________________ , the mortgagor/spouse therein mentioned.

Page 11 AFFIDAVIT OF STATUS

PROVINCE OF NOVA SCOTIA COUNTY OF

I/WE make oath and say

as follows:

1. THAT I AM/WE ARE the GRANTOR(S)/ MORTGAGOR (S) and Releasor(s) in the foregoing DEED/MORTGAGE and AM/ARE of the full age of nineteen (19) years;

2. THAT I AM/WE ARE now, and intend to be at the date of closing, residents of Canada within

the meaning of the Income Tax Act (Canada);

3. THAT for the purpose of this my Affidavit "spouse" means either of a man or a woman who:

a) are married to each other;

b) are married to each other by a marriage that is void able and has not been annulled by a declaration of nullity; or

c) have gone through a form of marriage with each other, in good faith, that is void and are cohabiting or have cohabited within the preceding year;

4. THAT we are the spouses of each other and we have no other spouse, as defined herein.

4. THAT as of the date hereof, I am not a spouse.

4. THAT the property described in the within Indenture is the matrimonial home of myself and

my spouse, and my said spouse has

released all his or her rights with respect thereto pursuant to the Matrimonial Property Act by executing a Separation Agreement or Marriage Contract to that effect and I have no other spouse as defined herein.

4. THAT the property described in the within Indenture has never been occupied by me and my

spouse, as our matrimonial home and I

have no other spouse as defined herein.

4. THAT an instrument executed by myself and my spouse, ______________________________

________________________________designating property not described in the within Indenture as our matrimonial home dated the day of ,

, is registered pursuant to Section 7 of the Matrimonial Property Act (Nova Scotia) at the

(year)

Registry of Deeds in in Book Page

and has not been cancelled and the property described in this Indenture has not been designated by myself and my said spouse and I have no other spouse as defined herein.

4. THAT the within disposition was authorized or the property has been released as a

matrimonial home by order of the court dated the

of and recorded at the Registry of

(year)

Deeds in __________________________ at Book ______________ Page ______________ .

SWORN TO (SEVERALLY) at ________________________ )

In the County of ___________________________________ )

Province of Nova Scotia, this _______________________ of )

______________________________________ , _________ ) ________________________________

Before me (year)

A Barrister of the Supreme Count of Nova Scotia

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Mortgage to Secure Line(s) of Credit

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INSERT L.O.C. LIMIT

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DELETE "AND

THE SPOUSE OF THE

MORTGAGOR" AND "EACH" IF NO SPOUSE OR IF SPOUSE IS MORTGAGOR.

DELETE IN N.S. AND P.E.I.

DELETE IN NFLD AN N.S

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Witness

)

)

)

)

)

)

)

ATTACH SEALS BEFORE SIGNATURES

Witness

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HAVE CERTIFICATES SWORN FOR EACH

SIGNATOR

COMMISSIONER

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