Ontario Equitable Mortgage

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The mortgage is security for a loan from the lender to the borrowers.
The borrowers agree that if they default in repayment of the debt, they will either register a conventional mortgage against the property or sell the property and use the proceeds to pay off the debt.
The lender has the option to accelerate the loan upon default by the borrowers.
This legal form template is available in MS Word format.
Intended only for use in the Province of Ontario, Canada.

Download Type:

Microsoft Word

Last Updated: 10-April-2021

SKU: 235