Common use of Fixed Rate Mortgage Clause in Contracts

Fixed Rate Mortgage. If this Mortgage is a Fixed Rate Mortgage, the rate of interest chargeable on the Outstanding Principal Amount and all other monies payable under this Mortgage shall be the Interest Rate, calculated half-yearly, not in advance, as well after as before maturity, default and judgment until payment in full.

Appears in 8 contracts

Samples: Saskatchewan Mortgage, Mortgage Agreement, Mortgage Agreement

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