BRULE - Ocean Links Development Inc. on the Brule Shore has been given notice of foreclosure by an Ontario mortgage holder.
In court documents filed recently by J.A. MacFarlane Engineering Co. Ltd. of Toronto, it is alleged that Ocean Links Development Inc. of Truro has defaulted on a $785,000 mortgage agreement for lands on Brule Point Road.
The plaintiff is claiming a total of $842,096.03, including interest and fees.
In default, it is asking Nova Scotia Supreme Court for a foreclosure, sale and possession order.
The action also names David. R. Annis, F. Kent Williams, Colin T. Fowlie, J. Gary Chambers and Derek J. Forsyth as defendants and mortgage guarantors.
All are listed as directors of Ocean Links Development, whose business is described as a golf resort on the provincial registry of joint stock companies.
None of the allegations have been proven in court.
