SOLICITOR S FINAL REPORT AND CERTIFICATE OF TITLE
TO: CIBC MORTGAGES INC. Mortgagor(s):
FIRSTLINE Ref. No.:
Covenantor(s) (if any): Civic address of property mortgaged, including postal code
Brief legal description of property
Electronic Registration Date of mortgage: Land Registry Office: Mortgage Amount: $
No Registration No.: Registration date: Taxes paid to:
FIRE AND HAZARD INSURANCE: Verified and loss payable to you, as instructed. Insurer
ASCERTAINING IDENTITY OF EACH MORTGAGOR AND GUARANTOR
The undersigned has ascertained the identity of each mortgagor and guarantor in accordance with your Instructions to Solicitor. The completed Identification Verification Form (“IVF”) and, where applicable, the paper document(s) upon which the undersigned relied to ascertain the identity of each mortgagor and guarantor which is a corporation or other entity, or (a) copy(ies) thereof, is/are attached and form(s) part of this Final Report and Certificate of Title.
OPTION 1 The undersigned hereby certifies that the mortgage and all ancillary documentation have been drawn and registered in accordance with your written instructions. The mortgagor has good and marketable title to the Property, free and clear of all judgments and other charges and you have a valid first charge against the Property, subject only to the exceptions shown below, which are detrimental neither to your security nor to the marketability of title.
OPTION 2 (Title Insurance Option) All requirements contained in your Instructions to Solicitor have been carried out and the subject property has been insured with the title insurance company named in the Solicitor’s Interim Report/Requisition for Funds form.
OPTION 3 (Western Law Societies’ Conveyancing Protocol Option) The undersigned hereby certifies that the mortgage and all ancillary documentation have been drawn and registered in accordance with your written instructions. The mortgagor has good and marketable title free and clear of all judgements and other charges and you have a valid first charge against the property subject only to the exceptions shown below, which are neither detrimental to your security nor to the marketability of title.
The undersigned hereby certifies that s/he has complied with the Western Law Societies Conveyancing Protocol ([INSERT PROVINCE]) applicable to the property in the conduct of this transaction and has acted and issued this report in accordance with your Instructions to Solicitor (which are incorporated herein) with respect to the mortgage described above. Subject to any qualifications noted below which have been accepted in writing by you, the undersigned acknowledges and confirms that this opinion is given pursuant to and in accordance with the Western Law Societies Conveyancing Protocol ([INSERT PROVINCE]).
For electronically registered Charge/Mortgage of Land, I hereby certify that: The effect of the electronically registered documents has been fully explained to the parties “signing” the documents.
Survey and/or Title Insurance Certificate Acknowledgement and Direction (electronically registered documents in Ontario only) Registered Copy of Mortgage Original Identification Verification Form (fully completed and signed) Other
Name and telephone number of law firm and of Solicitor
__________________________________________ Signature of Solicitor
The following reservations need not be listed or, if preferred, may be briefly described: EASEMENTS, etc., for utilities servicing the property provided the building does not encroach thereon and is not affected thereby; OCCUPANY or USE RESTRICTIONS which would not be violated by normal use of the property for the purposes intended or for which it is adaptable.