Charge/Mortgage Agreement between 1684567 Ontario Inc. and R. Williamson Consultants Ltd., P.I.C.K.S. Inc., and Treegrove Enterprises Inc.
1684567 Ontario Inc. has entered into a mortgage agreement with R. Williamson Consultants Ltd., P.I.C.K.S. Inc., and Treegrove Enterprises Inc., each holding a one-third interest as chargees. The agreement secures a principal amount of $323,786 CAD at a 12% annual interest rate, with monthly payments of $3,237.86 due on the 2nd of each month from May 2, 2024, to October 2, 2024. The mortgage covers several properties in Belleville, Ontario, and requires full insurance coverage. Interest payments for the specified period have been acknowledged by the chargees.
| LRO # 21 Charge/Mortgage | In preparation on 2024 04 23 | at 13:06 |
| This document has not been submitted and may be incomplete | yyyy mm dd | Page 1 of 6 |
| Properties | ||||||
| PIN | 40532 - 0031 LT | Interest/Estate | Fee Simple | |||
| Description | PT LT 20 CON 8 THURLOW PT 1 21R18453; BELLEVILLE ; COUNTY OF HASTINGS | |||||
| Address | PHILLIPSTON ROAD | |||||
| BELLEVILLE | ||||||
| PIN | 40532 - 0032 LT | Interest/Estate | Fee Simple | |||
| Description | PT LT 20 CON 8 THURLOW PT 1 21R19513; BELLEVILLE; COUNTY OF HASTINGS | |||||
| Address | 704 PHILLIPSTON ROAD | |||||
| ROSLIN | ||||||
| PIN | 40532 - 0033 LT | Interest/Estate | Fee Simple | |||
| Description | PT LT 20 CON 8 THURLOW PT 2 21R19513; S/T QR266045; BELLEVILLE ; COUNTY OF HASTINGS | |||||
| Address | PHILLIPSTON ROAD | |||||
| BELLEVILLE | ||||||
| PIN | 40532 - 0041 LT | Interest/Estate | Fee Simple | |||
| Description | PT LT 20 CON 8 THURLOW PT 25, 27 AND 29 21R6801; BELLEVILLE ; COUNTY OF HASTINGS | |||||
| Address | PHILLIPSTON ROAD | |||||
| BELLEVILLE | ||||||
| Chargor(s) | ||||||
| The chargor(s) hereby charges the land to the chargee(s). The chargor(s) acknowledges the receipt of the charge and the standard charge terms, if any. | ||||||
| Name | 1684567 ONTARIO INC. | |||||
| Acting as a company | ||||||
| Address for Service | 200 Davenport Road, Toronto, Ontario M5R 1J2 | |||||
A person or persons with authority to bind the corporation has/have consented to the registration of this document. This document is not authorized under Power of Attorney by this party.
| Chargee(s) | Capacity | Share | ||||
| Name | R. WILLIAMSON CONSULTANTS LTD. | 1/3 INTEREST | ||||
| Acting as a company | ||||||
| Address for Service | 86 Carrick Trail, Gravenhurst, Ontario P1P 0A6 | |||||
| Name | P.I.C.K.S. INC. | 1/3 INTEREST | ||||
| Acting as a company | ||||||
| Address for Service | 1-85 West Wilmot Street, Richmond Hill, Ontario L4B 1K7 | |||||
| Name | TREEGROVE ENTERPRISES INC. | 1/3 INTEREST | ||||
| Acting as a company | ||||||
| Address for Service | 53 Treegrove Circle, Aurora, Ontario L4G 6M2 | |||||
| Statements |
Schedule: See Schedules
The text added or imported if any, is legible and relates to the parties in this document.
| Provisions | |||||
| Principal | $323,786.00 | Currency | CDN | ||
| Calculation Period | monthly | ||||
| Balance Due Date | 2024/10/02 | ||||
| Interest Rate | 12% per annum | ||||
| Payments | $3,237.86 | ||||
| Interest Adjustment Date | 2024 04 02 | ||||
| Payment Date | 2nd day, monthly | ||||
| First Payment Date | 2024 05 02 | ||||
| Last Payment Date | 2024 10 02 | ||||
| Standard Charge Terms | 200033 | ||||
| Insurance Amount | Full insurable value | ||||
| LRO # 21 Charge/Mortgage | In preparation on 2024 04 23 | at 13:06 |
| This document has not been submitted and may be incomplete | yyyy mm dd | Page 2 of 6 |
| Provisions |
Guarantor
| Additional Provisions |
The Chargees acknowledge receiving interest payments from April 2, 2024 to and including October 2, 2024.
| File Number |
Chargee Client File Number : 10509-24
