Nova Scotia Collateral Mortgage and Promissory Note

Prepare a Collateral Mortgage and Promissory Note for Nova Scotia with this downloadable template.


Borrower's Obligations Under the Mortgage

The borrower (mortgagor) will continue to hold the property and is responsible for paying all taxes, rates and assessments levied against the property.

Insurance

The borrower is responsible for insuring the buildings on the land for full insurable value.

Default

If the borrower defaults, the lender has the right to appoint a receiver of the property.

Format and Jurisdiction

This Collateral Mortgage and Promissory Note is available in MS Word format. It is downloadable, fully editable, and reusable.

It is intended to be used only in the Province of Nova Scotia, Canada. English language version only. A French language version may be required to comply with provincial language laws.

Document Type: Microsoft Word
Last Updated: 14-April-2026
SKU: 3265
$17.99