Additional Provisions 3 – Year Homeprime – Fixed Term Mortgage The following clauses are to be added to the mortgage approval: 1) The interest rate will be set at Citizens Bank of Canada MORTGAGE PRIME RATE as declared from time to time minus %, up to and after maturity, compounded monthly from the due date of such interest until actual payment at the above mentioned address of Citizens Bank of Canada. As at the date of this mortgage approval, the MORTGAGE PRIME RATE per annum is %. The interest rate will vary each time there is a change in the MORTGAGE PRIME RATE effective on the first day of the month following a change without notice to you. 2) Notwithstanding Sections 7 and 41 of our Standard Mortgage Terms 973, a blended payment of principal and interest based on the actual interest rate at the time of funding will be required. As at the date of this mortgage approval, the actual interest rate is % per annum, compounded monthly. 3) When not in default, you shall have the option to convert the term of this mortgage into any other fixed term providing the new term and interest rate is equal to, or greater than the remaining term and interest rate of this mortgage. The fee for converting the term of this mortgage is $85.00. 4) Citizens Bank of Canada has the right in its full and final authority to change the MORTGAGE PRIME RATE, from time to time, without notice to you. 5) When not in default, you may prepay the mortgage in full upon payment of a 3 month interest penalty (i.e. 3 months interest calculated at the actual interest rate noted above in effect on the date of payment and based on the amount outstanding on your mortgage as of the date of payout). 6) If Citizens Bank of Canada MORTGAGE PRIME RATE increases so that the monthly interest accrual exceeds the Amount of Each Periodic Payment as set out in the Mortgage Approval, at the election of the Lender, the Amount of Each Periodic Payment shall be increased from time to time to equal the monthly interest accrual. The Lender may set a new amount for the Amount of each Periodic payment by a notice to the Borrower’s Address to be effective on the Payment Date in the calendar month following the date of the notice. 2