2301132 Ontario Inc. and 2309840 Ontario Inc.

2301132 Ontario Inc. and 2309840 Ontario Inc. face a stack of secured claims against their real property, as set out in the Proposal Trustee's priority review as of September 13, 2018. Harbouredge Mortgage Investment Corporation holds a first mortgage of $1,925,000 over 13764 Hwy 7 and Dayfoot, and issued a section 244 BIA notice of intention to enforce security and a notice of sale on April 25, 2018, with no sale process yet commenced. Home Trust's $412,000 first mortgage over 13758 Hwy 7, subject to a January 30, 2018 notice of sale, was paid out and assigned to guarantor 2413349 Ontario Inc./Derek Martin, who also holds a $350,000 first mortgage over 8 Lindsay. Stasis Group Inc. holds a $2,697,655 first mortgage over 10 Lindsay personally guaranteed by controlling individual Mr. Tilley, and has consented to a proposed $450,000 Administration Charge ranking ahead of it. JYR (approximately $2,368,000) and BDMC (approximately $14,000,000 in aggregate) hold subsequent-ranking mortgages across the properties, with JYR's priority over BDMC on 8 Lindsay under counsel's review. Unnamed judgment creditors hold Writs of execution totalling $703,649, believed subordinate to all mortgages.