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This gives you a fabulous combination of high flexibility at our lowest 6 month fixed term mortgage rate. Choose this option when establishing or renewing your Royal Bank mortgage. Later, you can convert to a longer closed fixed term Royal Bank Mortgage anytime during the 6 month period without penalty. It‘s the mortgage of the 90‘s. And it‘s only at Royal Bank. You get all the security of a 5 year fixed term combined with the flexibility of a variable rate. The difference is, we‘ll start you off below the RateCapper fixed rate. Then, as the prime rate drops, your rate will follow suit, so you get the savings of a variable rate mortgage. However, if the rates increase, you‘re protected, because you can never exceed your established RateCapper 5 year fixed rate. It‘s a win win opportunity. And it could mean significant savings in interest payments over the 5 year term. Now A Royal Bank Mortgage Comes With Up To $1000 Worth Of Homeowner‘s Gift Certificates. OUR NEW 6 MONTH CONVERTIBLE TERM THE NEW RateCapper®" MORTGAGE To Improve Your Mortgage. Plus One To Improve Your Home. Switch To Us For 4 New Options More Canadians Choose Royal Bank For Home Mortgages. Our mortgage specialists are trained professionals in all aspects of the mortgage business. They‘ll customâ€"build your mortgage to meet your needs today, and tomorrow. T _ With this mortgage you can lock in for a fixed rate for seven years. It gives you the security of knowing exactly what your mortgage payments will be over an extended period oftime, allowing for easy budgeting and planning. SOUND ADVICE FROM MORTGAGE SPECIALISTS «2 _ This option allows you to ski E principal and interest payments for up to 1 month a year when unexpecte expenses make sudden demands on your Should you wish, you can repay your skipped payment anytime during the current term of your mortgage. Royal Bank Home Mortgages The seat manufacturer, which will employ between 325 and 350 people, will be the major supplier of automobile seats to the automobile assembly plant. Oakville had been chosen for a new seat assembly plant. Lear wants plant running in October *‘Tradeâ€"mark of Royal Bank of Canada For tickets contact Greg Robinson, 847â€"3007, or the party‘s riding office, 875â€"4291. The fundâ€"raising rally will be held at 7:30 p.m. at St. Volodymyr‘s Cultural Centre, Hwy 5 and Fourth Line South. Tickets are $20 each. Preston Manning at Reform rally Tuesday An Evening With Preston Manning will be hosted by Allan Somersall, the Oakvilleâ€"Milton Reform Party candidate in the next federal election. Preston Manning, the national leader of the Reform Party of Canada, will be the main attraction at a fundâ€"raising rally for the party‘s Oakvilleâ€" Milton Riding Association on May 4th. (Continued from page 1) Nick Feles, Lear‘s director of corpoâ€" rate relations, said in January, producâ€" tion at the facility would begin in Ford‘s Oakville assembly plant will cease production of the Tempo and Taurus this fall and begin manufacturâ€" ing the new Win88 minivan in early 1994. appliances, hotels and more. All part of the added value you receive when you switch your mortgage to Royal Bank. So drop into a Royal Bank soon or call tollâ€"free 1â€"800â€"668â€"9700. When you switch or take out a new mortgage you get to personally select up to $1000 worth of home related gift certificates. You can select certificates that let you save on moving services, home alarm systems, laundry UP TO $1000 WORTH OF PERSONAL CHOICE HOMEOWNER‘S GIFT CERTIFICATES With the exception of the RateCapper mortgage, your fixed term interest rates are guaranteed up to 60 days prior to signing. If rates go up, you‘re protected. If they go down, you get the lower rate on the term you selected. Until July 31, 1993 there are no switch fees or appraisal costs when you switch to us. SWITCHING IS FREE AT RENEWAL TIME Lear â€" which owns 45 facilities worldâ€"wide â€" has said the Oakville plant will be one of its largest facilities and incorporate stateâ€"ofâ€"theâ€"art seat manuâ€" facturing technology. In the case of the company‘s Ajax and Whitby plants, they are located within a few minutes from General Motors in Oshawa, one of Lear‘s major customers. Lear also has plants in Kitchener and Cowansville, Que. Lear employs "justâ€"inâ€"time" producâ€" tion, which makes it crucial for its plants to be located within easy driving distance of its customers. October. At that time, Feles said if the company decided to construct it‘s own facility â€" rather than purchase or lease an existing vacant one â€" construction would have to begin "fairly soon" to meet the production deadline.