04180 (03-16-2009)

For example, if the premium is 0.5%, insert “Prime rate plus 0.5% per year”; if the reduction is 0.5%, insert “Prime rate minus 0.5% per year”. If the Mortgage is a RateCapper mortgage, follow the same instructions as for the variable interest rate and also indicate the maximum interest rate per year payable on the Mortgage in … ................
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