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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.
    Download Type: Microsoft Word
    Last Updated: 09-June-2021
    SKU: 380
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