Fillable FORM B (Section 225): LAND TITLE ACT MORTGAGE (BC Land Title & Survey)

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FORM B (Section 225): LAND TITLE ACT MORTGAGE (BC Land Title & Survey)

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The FORM B (Section 225): LAND TITLE ACT MORTGAGE (BC Land Title & Survey) form is 2 pages long and contains:

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  • 13 check-boxes
  • 101 other fields

Country of origin: CANADA
File type: PDF

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(d) Interest Calculation Period: (e) Payment Dates: (f) First Payment
Date:
(g) Amount of each periodic payment: (h) Interest Act (Canada) Statement.
The equivalent rate of interest calculated
half yearly not in advance
is % per annum.
(i) Last Payment
Date:
(j) Assignment of Rents which the
applicant wants registered ?
YES NO
If YES, page and paragraph number:
(k) Place of payment: (l) Balance Due
Date:
LAND TITLE ACT
FORM B (Section 225)
MORTGAGE - PART 1 Province of British Columbia PAGE OF PAGES
Your electronic signature is a representation that you are a designate authorized to
certify this document under section 168.4 of the Land Title Act, RSBC 1996 c.250, that you
certify this document under section 168.41(4) of the act, and that an execution copy, or a
true copy of that execution copy, is in your possession.
1. APPLICATION: (Name, address, phone number of applicant, applicant's solicitor or agent)
Deduct LTSA Fees? Yes
2. PARCEL IDENTIFIER AND LEGAL DESCRIPTION OF LAND:
[PID] [legal description]
STC? YES
3. BORROWER(S) (MORTGAGOR(S)): (including postal address(es) and postal code(s))
4.
LENDER(S) (MORTGAGEE(S)): (including occupation(s), postal address(es) and postal code(s))
5. PAYMENT PROVISIONS:
(a) Principal Amount: (b) Interest Rate: (c) Interest Adjustment
Date:
Y M D
FORM_B_V25
1
2
BRITISH COLUMBIA
CANADA
BRITISH COLUMBIA
CANADA
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No PID NMBR
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6. MORTGAGE contains floating charge on land ? 7. MORTGAGE secures a current or running account ?
YES NO YES NO
8. INTEREST MORTGAGED:
Fee Simple
Other (specify
)
9. MORTGAGE TERMS:
Part 2 of this mortgage consists of (select one only):
(a) Prescribed Standard M
ortgage Terms
(b) Filed Standard M
ortgage Terms D F Number:
(c) Express M
ortgage Terms (annexed to this mortgage as Part 2)
A selection of (a) or (b) includes any additional or modified terms referred to in item 10 or in a schedule annexed to this mortgage.
10. ADDITIONAL OR MODIFIED TERMS:
11. PRIOR ENCUMBRANCES PERMITTED BY LENDER:
12. EXECUTION(S): This mortgage charges the Borrower’s interest in the land mortgaged as security for payment of all money due and
performance of all obligations in accordance with the mortgage terms referred to in item 9 and the Borrower(s) and every other signatory agree(s) to be
bound by, and acknowledge(s) receipt of a true copy of, those terms.
Officer Signature(s)
Execution Date
Borrower(s) Signature(s)
_____________________________________________
Y M D
OFFICER CERTIFICATION:
Your signature constitutes a representation that you are a solicitor, notary public or other person authorized by the Evidence Act, R.S.B.C. 1996, c.124,
to take affidavits for use in British Columbia and certifies the matters set out in Part 5 of the Land Title Act as they pertain to the execution of this
instrument.
MORTGAGE – PART 1 PAGE OF PAGES
2
2
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FORM B (Section 225): LAND TITLE ACT MORTGAGE (BC Land Title & Survey)

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Completed 25 July 2021

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