The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-05-04
MORTGAGES.

MORTGAGES.
SECTION owner of registered may mortgage
the by executing mortgage deed and
assigned extended discharged released part
otherwise dealt with by the mortgage any
sufficient in the purpose
gage all instruments assigning extending seharg
ing and otherwise dealing with the mortgage shall be regis
tered and shall take effect the title only of
registration
81 Registration of a mortgage shall
following duplicate
presented Assistant Registrar with
gage deed upon original certificate of
title upon duplicate certificate
oandum of the purpor OF the mortgage deed the time of
fling the file number of the deed shall sign the
shall upon mortgage deed the time
of filing and reference the volume and of the regis
traton book where it is registered
The Assistant Registrar shall the
MORTGAGE make and deliver him duplicate of the
certificate of title like the duplicate except that
words "Morgagees duplicate" shall be stamped upon in
large letters dagonay it's face.
the issue of the mortgages duplicate shall be made the
original certificate of title
SECTION 60. Whenever mortgage upon which mort
gagee duplicate has been issued assigned extended 9th
dealt WITH the mortgages duplicate shall be pre-
with instrument assigning extending Otherwise
dealing with the mortgage and memorandum of the nsru
shall be made the mortgages duplicate certificate
mortgage discharged otherwise extinguished
the duplicate certificate shall be surrendered and
stamped Cancelled"
production mortgages duplicate certificate shall
be conclusive authority register the instrument Herewith
tons contained in Section Ffsx of this Act far the
applicable
mortgage registered may discharged by the
mortgage person the registration the
mortgage unregistered land be- discharged BY
the record book in the registry deeds and such
discharge shall by Assistant Registrar.
SECTION g. Mortgages of registered land may be fore
closed like mortgages of unregistered land; but Of
by entry possession certificate of entry
required by Chapters SO AS Session Laws of 1874
amended shall be filed and registered by Assistant Regis
thirty days entry, in lieu of recording
After has been obtained by the mortgage or his
assigns by entry or by action
qued complete foreclosure he or his assigns may
petition for the entry of new GER
tfcate Court after notice to all parties in interest
jurisdiction hear the and may order the
entry certificate such equity and justice
may require
In case of foreclosure by action by exercising power
mortgage provided by Chapter 80 Session
Laws 1874 copy final decree of the Court
confirming may filed with Assistant Registrar
or his deputy for appealing therefrom has ex
PRED the purchaser shall thereupon be entitled 10 the
entry of certificate.
foreclosure by exercising the of sale with
affidavit required by Chapter
So Session shall filed and registered with the
Registrar lieu of recording The purchaser at the
foreclosure sale assigns may thereupon time
of sale the Assistant Regis
trar for filing registrations obtain certificate the
duplicate certificate the mortgages duplicate II
any being delivered up and canceed prorded h0'7
ere nothing contained in this Act shall be construed 20
prevent other in interest from Oh
recty impeaohng, equity otherwise, fore
proceedings affecting registered land prior to the en-
of a new certificate of title.
certificate of title has been entered no Judgment
for balance due thereon
operate open the foreclosure affect the title to reg
istered land.
LEASES
SECTION Ga Leases of registered land for of
wear registered in lieu of recording les
duplicate issued the lessee his
request subject provisions herenbefore made in regard
mortgages duplicate certificate so far as the same are