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Page 1Retail Collateral Mortgage THIS MORTGAGE made on, BETWEEN (the Mortgagor), and THE BANK OF NOVA SCOTIA (the Bank), and (Spouse of the Mortgagor), and (the Guarantor) WITNESSES that the Mortgagor
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Builders/construction mortgage additional instructions are specific guidelines or requirements that need to be followed when taking out a mortgage for construction or building purposes.
The individual or entity taking out the builders/construction mortgage is required to file the additional instructions.
Builders/construction mortgage additional instructions can typically be filled out by providing detailed information about the construction project, budget, timeline, and other relevant details.
The purpose of builders/construction mortgage additional instructions is to ensure that the lender has a clear understanding of the construction project and can assess the risk involved in providing the mortgage.
Information such as the project scope, budget, timeline, construction plans, and any other relevant details must be reported on builders/construction mortgage additional instructions.
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