Singapore Government
Link to AGC Website
Home | Search | Browse | Results | My Preferences
 
Contents

Long Title

Part I PRELIMINARY

Part II SALES AND OTHER TRANSACTIONS

Contracts for sale

General words

Covenants for title

Execution of purchase deed

Part III LEASES

Forfeiture

Part IV MORTGAGES

Leases

Sale, insurance, receiver

Action respecting mortgage

Part V STATUTORY MORTGAGE

Part VI DEVOLUTION OF LAND ON DEATH

Part VII MARRIED WOMEN, ALIENS, CORPORATIONS

Part VIII INFANTS

Part IX RENTCHARGES

Part X POWERS OF ATTORNEY

Part XI CONSTRUCTION AND EFFECT OF DEEDS AND OTHER INSTRUMENTS

Part XII POWERS

Part XIIA ACCUMULATIONS

Part XIII NOTICE

Part XIV ADOPTION OF ACT

Part XV MISCELLANEOUS

Part XVI PROCEDURE

THE SCHEDULE Forms Relating to Statutory Mortgages

Legislative History

 
Slider
Left Corner
Print   Permalink
On 19/05/2013, you requested for the version in force on 19/05/2013 incorporating all amendments published on or before 19/05/2013. The closest version currently available is that of 15/03/1994.
Slider
THE SCHEDULE
Forms Relating to Statutory Mortgages
Part I
Statutory Mortgage
This Indenture of Statutory Mortgage made the                    of                    19      , between A of (etc.) of the one part and M of (etc.) of the other part,
  WITNESSETH that in consideration of $              advanced to A by M (whereof A acknowledges the receipt) A as mortgagor conveys to M all that (etc.) TO HOLD to M for securing payment on the             of 19      of the principal sum of $             with interest thereon at the rate of      % per annum.
  IN WITNESS, etc.
* * Variations in this and subsequent Forms to be made if required for mortgages by demise or other matter.
Part IIA
Statutory Transfer, Mortgagor Not Joining
This Indenture of Statutory Transfer of Mortgage made the            of            19     , between M of (etc.) of the one part and T of (etc.) of the other part, supplemental to an Indenture of Statutory Mortgage dated the            of 19     , and made between (etc.).
  WITNESSETH that in consideration of $            now paid to M by T being the aggregate amount of $            principal money and $            interest due in respect of the said mortgage (whereof M acknowledges the receipt) M as mortgagee transfers to T the benefit of the said mortgage.
  IN WITNESS, etc.
B
Statutory Transfer, A Covenantor Joining
This Indenture of Statutory Transfer of Mortgage made the            of            19     , between A of (etc.) of the first part, B of (etc.) of the second part, and C of (etc.) of the third part, supplemental to an Indenture of Statutory Mortgage dated the            of            19     , and made between (etc.).
  WITNESSETH that in consideration of $            now paid to A by C (whereof A acknowledges the receipt), being the principal money due in respect of the said mortgage, no interest being now due and payable thereon, A as mortgagee, with the concurrence of B, who joins as covenantor, transfers to C the benefit of the said mortgage.
  IN WITNESS, etc.
C
Statutory Transfer and Statutory Mortgage Combined
This Indenture of Statutory Transfer of Mortgage and of Statutory Mortgage made the        of          19     , between A of (etc.) of the first part, B of (etc.) of the second part, and C of (etc.) of the third part, supplemental to an Indenture of Statutory Mortgage dated the            of           19     , and made between (etc.)
  WHEREAS the principal sum of $           only remains due in respect of the said mortgage and no interest is now due and payable thereon, AND WHEREAS B is seised in fee simple of the land comprised in the said mortgage subject to that mortgage.
  NOW THIS INDENTURE WITNESSETH that in consideration of $       now paid to A by C (whereof A acknowledges the receipt and B acknowledges the payment and receipt as aforesaid*) A as mortgagee transfers to C the benefit of the said mortgage, AND THIS INDENTURE ALSO WITNESSETH that for the same consideration A as mortgagee, by direction of B, conveys and B conveys and confirms to C ALL THAT (etc.) TO HOLD to C for securing payment on the              of            19     , of†$            with interest thereon at the rate of         % per annum.
  IN WITNESS, etc.
   (or in case of further advance after “aforesaid” at * insert “and also in consideration of the further sum of $          now paid by C to B (whereof B acknowledges the receipt)”, and after “of” at † insert “the sum of $      and $      making together $       ”)
* * Variations to be made as required in case of the deed being by endorsement or in respect of any other thing.
Part III
Statutory Reconveyance
This Indenture of Statutory Reconveyance made the of            19     , between C of (etc.) of the one part and B of (etc.) of the other part, supplemental to an Indenture of Statutory Transfer of Mortgage dated the            of            19     , and made between (etc.).
  WITNESSETH that in consideration of all principal money and interest due under that Indenture having been paid (as C acknowledges) C as mortgagee conveys to B all the lands and premises now vested in C under the Indenture TO HOLD to B discharged from all principal money and interest secured by and from all claims and demands under the Indenture.
  IN WITNESS, etc
* * Variation as noted above.