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Nova Scotia Collateral Mortgage and Promissory Note

Nova Scotia lenders, use this ready-made template to prepare a Collateral Mortgage and Promissory Note.

The borrower (mortgagor) will continue to hold the land and is responsible for paying all taxes, rates and assessments levied against the land.
The borrower is responsible for insuring the buildings on the land for full insurable value.
If the borrower defaults, the lender has the right to appoint a receiver of the property.

This Nova Scotia Collateral Mortgage and Promissory Note is in MS Word format, and is fully editable.

Download: Nova Scotia Collateral Mortgage and Promissory Note

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