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SIGNATURE CARD

Matrix Mortgage or Firstline of Credit Account #

Borrowers(s): (please print)

1.

2.

Property Address:

I/We, the Borrower(s) acknowledge that only the following Signatures will be accepted by CIBC Mortgages Inc. trading as FirstLine Mortgages as signatories on my FirstLine of Credit or the Line of Credit portion of my Matrix Mortgage (as applicable).

I/We the Borrower(s) are aware than any cheque drawn on my FirstLine of Credit or the Line of Credit portion of my Matrix Mortgage (as applicable) may require signature verification.

I/We the Borrower(s) are aware of the Hold Policy on cheque deposits to my FirstLine of Credit or the Line of Credit portion of my Matrix Mortgage (as applicable) as outlined on the reverse of this Signature Card.

I/We the Borrower(s) acknowledge that Guarantors will not have signing authority on my FirstLine of Credit or the Line of Credit portion of my Matrix Mortgage (as applicable).

Date:

Signature(s)

1.

_____________________________________________ Borrower

2.

_____________________________________________ Co-Borrower

Understanding our Hold Policy on Cheque Deposits to your FirstLine of Credit or Line of Credit portion of your Matrix Mortgage

When we deposit your cheque or similar item to your FirstLine of Credit or the Line of Credit portion of your Matrix Mortgage, a fixed waiting period may apply for your cheque to clear before the funds are available to you. Funds will be credited to your account at the time of deposit, but you may not be able to access them for a set time period.

For a CDN $ cheque¹ drawn on a financial institution’s branch located in Canada, the normal length of time we will hold funds is 5 business days. The maximum hold period is 7 business days².

The Hold Policy is subject to the Standard Charge Terms, which governs your FirstLine of Credit or the Line of Credit portion of your Matrix Mortgage. For example, if a cheque you deposit is returned to FirstLine Mortgages unpaid for any reason, either during or after the expiry of the applicable hold period, CIBC Mortgage Inc. trading as FirstLine Mortgages still has the right to charge the amount of the cheque to your account.

Some or all of the above hold periods may be lengthened due to system problems and/or unusual events beyond our control, including war, war-like acts or other catastrophic events. Please note that Saturday, Sunday and holidays are not business days.

¹Cheque for the purposes of this policy also includes certified cheques, bank drafts, money orders or other instruments. ²In exceptional circumstances, CIBC Mortgages Inc. trading as FirstLine Mortgages may extend the maximum hold period for funds. The hold period under these circumstances will be 30 days.

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