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NOW THIS AGREEMENT WITNESSETH as follows:
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more particularly described as follows:
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of lawful money of Canada, payable to the Director at his office in the City of Ottawa, or at his office for the region in which the said land is situated, on the days and in the manner hereinafter set out, upon and subject to the terms, conditions and stipulations herein contained, and the payments to be made as herein specified, the observance of each and every of the said conditions and stipulations, as well as the making of the said payments being expressly declared the essence of this Agreement.
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(3) The Veteran covenants and agrees that he will pay to the Director the balance of the said sale price as follows; the sum of 
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6. The Veteran agrees that he will in a good and husbandmanlike manner, in each and every farming season during the continuance of this Agreement, break, cultivate, seed and crop the said land or such portion thereof as may from time to time be expedient in good farming operation of the said land, and that instructions as to cultural practices or management given by the duly authorized representative of the Director shall be observed.
7. It is agreed between the parties hereto that all buildings and any appurtenances thereto now on, or which may be erected or constructed on, the said land shall be a part of the freehold, and shall not be removed or destroyed without the previous permission of the Director in writing, and the Veteran agrees that he will keep and maintain the said land, buildings and any and all appurtenances, and all fixtures and things thereto belonging in good and substantial repair and in a tidy and clean condition, damage by fire, lightning and tempest only excepted, and that he will permit any agent of the Director at any time during the currency of this Agreement to enter and view the state of repair and cleanliness, and further, that he will promptly repair and clean according to notice and fulfill any further requirements which the Director may deem necessary, and in default of his compliance with any such notice as aforesaid, the Director may enter upon the property and effect such work as he may deem necessary and all costs so incurred by the Director shall be repaid by the Veteran on demand with interest at the rate ofper annum from the time of such payment by the Director and until so repaid the amount of such payment shall be added to the purchase price of the said land.
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10. The Veteran covenants and agrees that the title, ownership and right of possession of any livestock, farm equipment and other chattels as described in any Purchasing Orders, together with the natural increase of such livestock held as security by the Director, whether purchased by the Director for the Veteran or title to which is transferred as security to the Director, shall remain in the possession of the Director until all moneys herein agreed to be paid and all other charges are fully paid or until the title, ownership, and right of possession are transferred by the Director to the Veteran under the relevant provisions of the Act.
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12. The Veteran agrees that he will, during the continuance of this Agreement, insure and keep insured against loss or damage by fire, tempest and flood to the extent of the full insurable value, in an Insurance Company approved by the Director, all buildings now erected, or which may hereafter be erected, on the said land, and will also insure and keep insured against loss or damage by fire and such other perils as required by the Director such livestock, farm equipment and other chattels as may be designated by the Director in such amounts as the Director deems necessary in an Insurance Company approved by the Director and will not do or suffer anything whereby any insurance policy or policies may be vitiated, and will pay all premiums and sums of money necessary for such purpose as the same become due, and will assign to the Director the proceeds of the insurance policy or policies and have attached to the policy or policies the Special Loss Payable Clause as prescribed by the Director. When so required by the Director, the Veteran shall deliver to the Director the policy or policies of insurance and renewal receipt or receipts thereto appertaining. When the Veteran neglects to keep insured the said buildings or any of them and livestock, farm equipment and other chattels, or to attach the Special Loss Payable Clause as above required, or to pay the premiums, or, when so required by the Director, fails to deliver the policy or policies and renewal receipts to the office of the Director for the region within which the land is situated at least 3 days before the insurance then existing shall expire, then the Director may insure the said buildings and livestock, farm equipment and other chattels and all moneys so expended by the Director shall be repaid by the Veteran on demand with interest at the rate ofper annum computed from the time of advancing the same and in the meantime the amount of such payment shall be added to the purchase price of the said land. The Veteran agrees on the occurrence of loss or damage to furnish forthwith at his own expense all the necessary proofs and do all the necessary acts to enable the Director to obtain payment of the insurance moneys and that all moneys received by the Director by virtue of any policy shall be disbursed or applied to the Veteran’s account by the Director in accordance with the Act.
13. (1) It is agreed that if the Veteran sells or attempts to sell or otherwise dispose of the whole or any part of the said land, or if the Veteran, save with the approval of the Director, fails to remain in actual and personal possession and occupation of the said land, or if he fails to cultivate the said land in a good husbandmanlike manner as provided by this Agreement, or fails to pay promptly any payment hereinbefore mentioned when the same falls due, or fails to comply with any covenant or condition contained in this Agreement or any of the provisions of his Undertaking Precedent to the Granting of a Part III Loan which forms part of his Application for Assistance, the Director may, subject to the provisions of the Veterans’ Land Act and the Regulations made thereunder, without any formal re-entry or retaking and without resort to proceedings in equity or at law, rescind this Agreement. The effect of such rescission shall be to vest the said land in the Director absolutely free and discharged of all rights and claims of the Veteran and of all persons claiming or entitled to claim through him for any estate in, or lien, charge or encumbrance upon or against the said land.
(2) It is further agreed that if the Veteran sells or attempts to sell or otherwise dispose of any livestock or any natural increase thereof or any farm equipment or other chattels held by the Director as security without the written approval of the Director or if the Director considers that through neglect or otherwise any such livestock, farm equipment and other chattels are misused by the Veteran or if the Veteran fails to comply with any covenant or condition in this Agreement, any portion of the moneys herein agreed to be paid and then outstanding shall, at the option of the Director, become due and payable forthwith and the Director may, in his discretion, by his officers, agents or employees, repossess any or all of the livestock, farm equipment, and other chattels referred to in this Agreement and sell or dipose of them and, at the option of the Director, apply the proceeds towards the indebtedness owing under this Agreement.
14. The Veteran agrees that until the Director grants or conveys the said land to him, the Veteran shall hold or occupy the said land as a Tenant at Will.
15. It is agreed that upon punctual payment by the Veteran of all moneys herein by him agreed to be paid and subject to performance of all and singular the aforesaid provisions, conditions and agreements he shall be entitled to a conveyance of the said land free from all encumbrances other than such as may have resulted through the act or neglect of the Veteran, but subject nevertheless to all reservations, limitations, provisos and conditions contained or expressed in the title held by the Director.
16. Wherever the singular or the masculine is used throughout this Agreement, it shall be construed as including the plural or feminine wherever the context so requires, and the expression “Veteran” shall include the heirs, devisees and personal representative of the Veteran, and the expression “Director” shall include the successors and assigns of the Director.
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20. In the event this Agreement is rescinded as hereinbefore provided, all moneys theretofore paid by the Veteran shall be retained by the Director, excepting as otherwise provided in the Veterans’ Land Act.
IN WITNESS WHEREOF the Director has authorized to be hereunto affixed his corporate seal and his name to be signed, and the Veteran has hereunto set his hand and seal and designated the undernamed place as his post office address.
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As to execution by the Director
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As to execution by the Veteran
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make oath and say as follows:
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