Some still believed they have either a traditional mortgage or a mortgage line of credit, even though the explanation they just read about deeds of hypothec was nearly identical to the description they themselves provided at the beginning of the session when asked to explain the type of mortgage they owned. [...] A few others admitted that the deed of hypothec resembled what they thought was a “mortgage line of credit.” 6 O P T I O N. C O N S O M M A T E U R S A T T I T U D E S. T O W A R D S. D E E D S. O F. H Y P O T H E C Impressions of Deeds of Hypothec. [...] Principal Hypothecs To secure the performance of its obligations under the terms of this contract, the Borrower hypothecates in favour of the Lender from this date the following properties (collectively the "Hypothecated Property") to the extent of the sum of (CDN $ ) with interest at the rate of twenty percent (20%) per year, the property described as follows: Many participants understood the key [...] To secure the repayment of amounts present and future owed to the Caisse for the loan(s), advances or credit granted under the credit contract, as well as amounts owed due to possible increase(s) of the amount of the loans, advances or credit, and due to another loan or loans or another form or forms of credit being granted that the parties could agree to subject to the stipulations and to the hyp [...] Participants were then asked to read the following clause for a deed of hypothec: Financial Institution C 3.1 Principal Hypothec To secure the payment of the Indebtedness and the performance of all obligations of the Debtor hereunder and under any Credit Agreement, as well as to secure the performance of all other obligations of the Debtor to the Bank, present and future, direct and indirect, the