Ontario Equitable Mortgage

Prepare an Equitable Mortgage between the owners of a property and a lender with this template form for Ontario.

• The mortgage is security for a loan from the lender to the borrowers.
• The borrowers agree that if they default in repayment of the debt, they will either register a conventional mortgage against the property or sell the property and use the proceeds to pay off the debt.
• The lender has the option to accelerate the loan upon default by the borrowers.
• This legal form template is available in MS Word format.
• Intended only for use in the Province of Ontario, Canada.