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Mortgage Backing Loan Agreement for Syndicated Investment | Canada
This template is for a mortgage as security to back a loan agreement in a syndicated land investment in Canada.
- The mortgage and the underlying loan agreement form part of a syndicated mortgage transaction.
- The fractional interests are being offered to investors as a means to raise capital for developing the lands being mortgaged.
- The mortgagor can prepay the mortgage in whole or in part at any time, on 30 days notice, without bonus or penalty.
- The mortgagor promises to pay all prior mortgages on the property as they become due. Any default under a prior mortgage will be deemed a default under this mortgage.
- This legal form template is available in MS Word format.
- Intended for use only in Canada.
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Fixed Rate Closed Term Mortgage | Canada
Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.
- Standard provisions of the mortgage include:
- Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
- On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
- The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
- Available in MS Word format.
- This template can be used in most Canadian provinces except for Quebec.
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Statement of Amount Owing on Mortgage | Canada
Download this free Statement of Amount Owing on Mortgage for Canadian mortgage lenders.
- This form is typically used when a mortgaged property is being sold and the mortgage is being paid out from the sale proceeds.
- The Statement sets out the principal and interest amounts owing up to the date of the statement, with a per diem thereafter, and the terms of repayment.
- This is a free downloadable MS Word document.
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Fixed Rate Closed Term Mortgage | Canada
Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.
- Standard provisions of the mortgage include:
- Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
- On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
- The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
- Available in MS Word format.
- This template can be used in most Canadian provinces except for Quebec.
$29.99
Statement of Amount Owing on Mortgage | Canada
Download this free Statement of Amount Owing on Mortgage for Canadian mortgage lenders.
- This form is typically used when a mortgaged property is being sold and the mortgage is being paid out from the sale proceeds.
- The Statement sets out the principal and interest amounts owing up to the date of the statement, with a per diem thereafter, and the terms of repayment.
- This is a free downloadable MS Word document.
- Intended for use only in Canada.
$0.00
Mortgage Backing Loan Agreement for Syndicated Investment | Canada
This template is for a mortgage as security to back a loan agreement in a syndicated land investment in Canada.
- The mortgage and the underlying loan agreement form part of a syndicated mortgage transaction.
- The fractional interests are being offered to investors as a means to raise capital for developing the lands being mortgaged.
- The mortgagor can prepay the mortgage in whole or in part at any time, on 30 days notice, without bonus or penalty.
- The mortgagor promises to pay all prior mortgages on the property as they become due. Any default under a prior mortgage will be deemed a default under this mortgage.
- This legal form template is available in MS Word format.
- Intended for use only in Canada.
$29.99
