Use this template to prepare a Trust Deed and Mortgage for Canada, which provides for the creation of a number of mortgages against land on which a condominium project will be developed. The mortgages form the basis of a syndicated mortgage investment to be offered to the public. Provisions of the deed include:

• Investors can purchase an interest in the mortgages and will be paid a guaranteed rate of interest on their investment.


• The Trustee appointed under the trust deed will hold title to the land as trustee on behalf of all of the mortgagees.


• The mortgages created by the deed are all first mortgages, ranking equally with one another.


• The mortgagor can prepay the mortgage at any time upon payment of a bonus equal to 12 months interest.

This Canada Trust Deed & Mortgage for Syndicated Land Investment template is in MS Word format and is fully editable.