SCHEDULE TO CHARGE LAND REGISTRATION REFORM ACT, 1984 GUARANTEE This Schedule forms part of a charge made pursuant to the Land Registration Reform Act, 1984 and regulations thereunder (hereinafter the charge and Schedule(s) thereto are collectively called the "charge") made between the Chargor, the party or parties, if any, identified in the charge as Spouse(s) of the Chargor(s), the Guarantor(s) identified below and Bank of Montreal, being the Chargee. Guarantee 1. In consideration of the Chargee making the loan secured by the charge, to the Chargor, I/we ________________________________________________(herein called the "Guarantor") on the Guarantor's own behalf and on behalf of the Guarantor's heirs, executors, administrators, successors and assigns, hereby unconditionally guarantee to the Chargee all payments required to be made by the Chargor pursuant to or in respect of the charge as well as the performance by the Chargor of each and every of the convenants, conditions, obligations and provisos to be observed and performed by the Chargor. This guarantee is given by the Guarantor as principal debtor and not as surety and it is the express intention of the parties hereto that the Guarantor shall be liable to the Chargee in the same manner and to the same extent as if the Guarantor has executed the charge as Chargor. This guarantee shall not be nor be deemed to have been waived, released, discharged, impaired or affected by reason of the assignment and/or reassignment of the charge at any time and from time to time, nor by reason of any amendment or modification granted by the Chargee, nor by reason of the release or discharge of the Chargor in any creditor, receivership, bankruptcy or other proceedings. In the event of any default under the charge, the Guarantor hereby waives any right to require the Chargee to proceed against the Chargor or to exhaust its rights and remedies against the Chargor before proceeding against the Guarantor. The Guarantor hereby expressly waives all notices of any breach by the Chargor of any of the terms, covenants, conditions and agreements contained or included in the charge. It is acknowledged that the charge would not have been entered into by the Chargee without this guarantee. If the Chargor is a corporation, no change thereto or therein, including any amalgamation with any other corporation, shall in any way affect the liability of the Guarantor either with respect to the part of the charge transaction occurring before or after any such change, and the Chargee shall not be concerned to see or inquire into the powers of the Chargor or any of its directors or other agents, acting or purporting to act on its behalf, and moneys and advances in fact borrowed or obtained from the Chargee in professed exercise of such powers shall be deemed to form part of the debt and liabilities hereby guaranteed, notwithstanding such borrowing or obtaining of moneys or advances shall be in excess of the powers of the Chargor or of its directors or other agents as aforesaid, or be in any way irregular, defective or informal. The Chargee, without exonerating the Guarantor in whole or in part may grant time, renewals, extensions, indulgences, releases, discharges to, may take securities (including this charge) from, and may give the same and any and all existing securities up to, may abstain from taking securities from or perfecting securities (including this charge) of, may accept compositions from, or may otherwise deal with the Chargor and all other persons (including any other guarantor or Guarantor) and securities, as the Chargee may see fit, and all dividends, compositions and moneys received by the Chargee from the Chargor or from any other person or estates capable of being applied by the Chargee in reduction of the debts and liabilities hereby guaranteed, shall be regarded for all purposes as payments in gross, and the Chargee shall be entitled to prove against the estate of the Chargor upon the insolvency or winding up in respect of the whole of the said debts and liabilities, and the Guarantor shall have no right to be subrogated to the Chargee in respect of any such proof or otherwise until the Chargee shall have received from such estate or the Guarantor payment in full of its claim with interest. It is acknowledged by the Guarantor that this guarantee has been delivered free of any conditions and that no representations have been made to the Guarantor affecting the Guarantor's liability under this guarantee. The guarantee is in addition to and not in substitution for any other guarantee now or hereafter held by the Chargee. Multiple Guarantors And Enforcement 2. Where this guarantee is given by more than one person, all covenants, liabilities and obligations of the Guarantor herein shall be joint and several. The covenants, liabilities and obligations of the Guarantor herein shall be equally binding upon the Guarantor's heirs, executors, administrators, successors and assigns and may be enforced by the Chargee or by a successor or assignee of the Chargee. Where the context so requires, words in the singular shall include the plural, words in the plural shall include the singular and words importing the masculine gender shall include the feminine and neuter genders. Standard Charge Terms 3. The Guarantor acknowledges receipt of a copy of the set of Standard Charge Terms incorporated into this charge by reference to its filing number in this charge and agrees to be bound by the covenants, obligations and liabilities of the Chargor therein contained. BMO:LF314