ABLEAUCTIONS COM INC
MORTGAGE DOCUMENT
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>21
<FILENAME>exhibit103.htm
<DESCRIPTION>MORTGAGE DOCUMENT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
<META NAME="author" CONTENT="Maureen Valverde">
<META NAME="date" CONTENT="11/01/2006">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:576px"><P style="margin:0px"><img src="exhibit103001.jpg" alt="[exhibit103001.jpg]" align=middle height=752.6 width=575.267><img src="exhibit103002.jpg" alt="[exhibit103002.jpg]" align=middle height=756.667 width=575.267><img src="exhibit103003.jpg" alt="[exhibit103003.jpg]" align=middle height=757.333 width=575.267><img src="exhibit103004.jpg" alt="[exhibit103004.jpg]" align=middle height=757.333 width=575.267><img src="exhibit103005.jpg" alt="[exhibit103005.jpg]" align=middle height=753.867 width=575.6><img src="exhibit103006.jpg" alt="[exhibit103006.jpg]" align=middle height=753.867 width=575.6></P>
<P style="margin:0px"><BR>
<BR></P>
</DIV></BODY>
</HTML>
</TEXT>
</DOCUMENT>
