Short Form (Insured) Mortgages MORTGAGE LAND TITLES ACT (ALBERTA) NAME AND ADDRESS OF MORTGAGOR (the "MORTGAGOR") NAME AND ADDRESS OF MORTGAGEE (the "MORTGAGEE") ALBERTA TREASURY BRANCHES Insert Branch Address LEGAL DESCRIPTION OF LANDS (the “LANDS”) Choose applicable option OR See Schedule “A” attached hereto INTEREST / ESTATE TO BE MORTGAGED Choose applicable freehold/fee simple interest leasehold interest option PAYMENT PROVISIONS Principal Amount: $ Interest Rate: if a fixed rate of interest: % per annum, calculated semi-annually not in advance. OR Choose if a variable rate of interest, the Prime Lending Rate as it will vary from time to applicable option time, plus a premium of % per annum, calculated monthly not in advance. OR minus a discount of % per annum, calculated monthly not in advance. Interest Adjustment Date: Payment Date: day of every month until the Balance Due Date. Choose applicable of every week until the Balance Due Date. option of every second week until the Balance Due Date. the fifteenth and last days of every month until the Balance Due Date First Payment Date: Balance Due / Maturity Date: Payment / Instalment Amount : $ Choose Additional Provisions: applicable National Housing Act Insured Mortgage - Other option
Short Form (Insured) Mortgages MORTGAGE LAND TITLES ACT (ALBERTA) NAME AND ADDRESS OF MORTGAGOR (the "MORTGAGOR") NAME AND ADDRESS OF MORTGAGEE (the "MORTGAGEE") ALBERTA TREASURY BRANCHES Insert Branch Address Choose applicable option LEGAL DESCRIPTION OF LANDS (the “LANDS”) OR See Schedule “A” attached hereto Choose applicable option INTEREST / ESTATE TO BE MORTGAGED freehold/fee simple interest leasehold interest PAYMENT PROVISIONS Principal Amount: $ Choose applicable option Interest Rate: if a fixed rate of interest: % per annum, calculated semi-annually not in advance. OR if a variable rate of interest, the Prime Lending Rate as it will vary from time to time, plus a premium of % per annum, calculated monthly not in advance. OR minus a discount of % per annum, calculated monthly not in advance. Interest Adjustment Date: Choose applicable option Payment Date: day of every month until the Balance Due Date. of every week until the Balance Due Date. of every second week until the Balance Due Date. the fifteenth and last days of every month until the Balance Due Date First Payment Date: Balance Due / Maturity Date: Payment / Instalment Amount : $ Choose applicable option Additional Provisions: National Housing Act Insured Mortgage - Other
7171FormShortFormInsuredMortgages.docx