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WHITBY FREE PRESS, WEDNESDAY, JANUARY 27.ý 1982, PAGE 23 Edwardssays.... Sidewalks for people not newspaper box--es The multi-colored newspaper honor boxes that dot varlous street' corners, in downtown Whitby are a nuisance according to Regional Councillor Tom Ed-ý wards. At last, week's meeting of Whitby Town' Counil's operations committee, Edwards said that the boxes seem to be multîplying regu- larly. "'What worries- me is when we have three of four of those boxes at one location," be said. "Are weý building side- walks in this munici- pality for the news- papers or the people." The council 'lor also wants to know if town bylaws' affect bonor boxes. "The town has a by- law preventing store keepers fromn putting their goods on sidè- walks,"l Edwards said. I want to know how this affects the news- papers. However, one coun- cillor said that if there is a problemn, then per- haps the town should talk to the newspapers. "If there's a problem with the boxes, we c 'ould cali the newspapers and talk itout with them," Gerry Emm said. February is "outh 11the Arts Month"' February is' desig- nated as "Youth In the Arts Month"' by the OshàWa and District Council for the Arts. Throughout the mon- th, the council for the. arts will sponsor a variety of events. The official, opening for the month-Iong cele- bration will be on Mon- day, February 1, 1982, at 7:30p.m., in the Oshawa Library Reading Room, Bagot Street, -Oshawa. This will co-incide with the opening of "Senior Art Students 182"~. O.D.C.A. is spon- soring -this display of visual arts by serious art students from the secondary schools of the Durham* Board 0f Education. The exhibit is organized by Dan Tomlinson and Cecil Brownson, art consult- ants for the Durham Hanidwriting9 The Whitby Publice. he evening will be Library, wili-,feature, an Lionel Cameron. evemtng of handwriting The event will be held analysis on January 27 in the auditorium. for from 7 tos8:30 p.m. more information cal The guest speaker for the library at 668-6541. 50"S dance The Brooklin-Whitby Minor Hockey Associa- tion Ladies' Auxiliary will hold their "Fabu- buüs.Fifties Dance" on Saturday, January 30 at HeydenshorePavilion. music will be provided by B & H Sound and there wilI be a buffet. tionaL. Dress is op- Tickets are, $15 a couple and available from Peacock Family Sports, 110 Athol Street and the Brooklin Home Bakery, 61 Baldwin Street. Th ank-you Dear Sir: The staff of the Canadian Mental Health Associa- tion/Durhamn Bran- ch would like ta take this oppor- tunity ta thank mast sincerely, the great number of service clubs, businesses and private persans in Durham Region who gave sa much of themselves ta aur "Operatian - Christmas Wlsh." The support we received was aver-, whelmlng. We wlsh we could have shared with yau the many-smiles your effarts prod uced. To yau ai l, a safe adprasperaus new year. Stephen Bourque, Operation - Christ- mas Wish Commit- tee 1981. Board. Tomlinson is the board's representative on the council for the ar- ts. Fourteen of the 17 secondary scbools 0f tbe Durham Board of Education bave contri- buted a wide range of works .by dedicated senior students, many of whom will continue with post-secondary studies in -the visual arts. In- cluded will be works in watercolours,. oils, pen and ink, pencel, pastels, and collage work. Har- wood Secondary School,' Ajax will present a two- foot by tbree-foot wall- hanging of çeramic tules. The lay-out for a piece of animated film illustrates the interest of a student from East- dale Collegiate. Stu- dents' at McLaughlin Collegiate and Vocation- al Instittite have pro- duced unique "Pot- heads" -14 - 16-ich higb ceramic-pots with faces on the sides. The entbusiastic response to this display proves that the visual arts are definitely alive and well and living in the secondary schools of the Durham Board of _Education. For those who cannot attend the opening, the show con- tinues until Saturday, February 6, 1982. For more information cal 576-460, Ext. 208. Look at our RRSP' Mutual LIfe's Accumulation Annuity of fers you thsse advantages: [3 Interest la dalculated and added dally C contributions are tax deductible CI no expense charges or administrative tees; ail your money goes to work for you lmmedlately G fioatlng and guaranteed Interest rates avalable 13 cholce of Income options at retîremnent Cali HERB TRAN 725-6564 668-5968 Mut ual Lîfe of Canada *Fiveyear guaranteed Interesi rate as of Monday, January 25,1982., Rates can change wlthout notice. Current record mortgage rates malté it especially important that yoù shop carefully flot only for your bouse but for your mort-. gage. Consider a $75,000 mort- gage amortized over 25 yea rs. If the rate were con- stant over 25 years, you would end up paying $96,000 more with a 17 per cent mortgage than- with one at il per cent. What can you do? Des- pite the fact that new mort- gages are in the 16' per cent area, you'l see news- paper ads for lower mort- gages in new housing developments, where the lower'rates were locked in last summer. There is one answer. With a resale bouse, youlJ sometimes find a bargain if you can assume an existing mortgage. With a 25-year mortgage that has, say, three years to run until renewal,' you likely would be getting a rate mucb lower than current rates. With a house tbat changed banda in tbe past two or three years, this would be a particular advantage because it likely meanethe morgage covers the major portion of tbe home's value. This advantage dimin- ishes, bowever, witb older morgages'. A mortgage taken out 15 years ago, for instance, ikely w'ouldn't cover m uch of the bome's present value. A nother potential ad- vantage with a resale bouse is that the vendor is often wiling to' take back a mortgage at better terms- a lower'r ateor pe rhaps« the' rgtto, prepay wthout penalty .. than you oould get commercially. ..Right now you hear a lot about ,bridge financing. With today's peak rates, it makes séense. That is, simply, a> shoit-terrn mortgage of'as little as six montbs. If you can't get a deal -- eitber on an older mortgage or, witb a new home, a lower ratethat was locked in lait summer consider bridge financing. .What you are doing is paying the current high' rates in the hope that when1 it cornes time to renew, you'Ill *e able to. get a better rate. SYou can make the wrong judgement on bridge fin- ancing, so don't be greedy. Last summer, when mort- gages were in the 12 per cent area, you could have opted for a siz-rontb mortgage in the hope that. rates would décline fprther. But you would have found that you had to renew at a higher rate. Witb Inortgages at today's levels, however, chances are you'll be' no worse off- and perbaps going the bridg e.financing you'll be"botter off- by route. Shopping for mortgage may bri ng, house bargain ANNOUNCEMENT RV.M>XSummit Realty Ltd. would like ta announce the opening of theirnew real estate off ice at 304 Thlckson Rd. South, Whltby. H E RB VI SS-ER DAVE GINTER JOHN CULTE WINNIE NORMAN Dave, Herb, John and Winnie would like to Invite their friends and business associates to cail or visit.them at their new business location. WATCH THE BOATS Cosy 3 Bedroom Bungalow overtooklng Lake On- tario, two fireplaces, Main f loor Family Room. Cal Day. Gîntor 668-9162. FOR SALE OR RENT 3 Level Jeffrey St. Townhome. Rent at $550. per mo. $39,000. lat. Mortgage at 131/4%, tilI 1985. AvallabI iImme diately. Caîl Day. Gînter 668-9162. RV.M>X~(summît reaîty Id 304 thlckson rd. s., box 28 whitby, ontarlo Li N 5R7 phoné: 571-38001686-3800 FORTY EIGHT ONTARIO OFFICES TO SERVE YOU BETTER. 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