GOVERNMENT LIFE INSURANOI DEPARTMENT. LOANS ON MORTGAGE. FROM time to time a limited portion of the funds is lent on first mortgage of freehold security, with option of repayment by fixed Instalments, spread over 12,16, or 20 years. Half-yearly Payment for each £IOO. Period of Loan— £ s. d. Twelve years ... .... 6* * Fifteen years ... ... 58 9 Twenty years ... ... *l3 8 Loans repayable by instalments whereby principal and interest are both liquidated within a given time, and on terms of a most favourable character, present marked advantages to settlers and others. . ... The borrower may, before the expiry of the full period, redeem the loan, with or without nc ace, on terms which can be ascertained at this office, or at any of the offices of this Department, whore also forms of application can be obtained. For full particulars as to loans' apply to the Head and Branch Offices and Post Offices. F. W. FEANKLAND, F.1.A., n Commissioner and Govt. Actuary
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https://paperspast.natlib.govt.nz/newspapers/SCANT18900924.2.20.3
Bibliographic details
South Canterbury Times, Issue 6329, 24 September 1890, Page 2
Word Count
158Page 2 Advertisements Column 3 South Canterbury Times, Issue 6329, 24 September 1890, Page 2
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