114 Use of standard form mortgage
following applies:
(a) the mortgage must set out
(i) the parties to the mortgage;
(ii) the address and postal code of the mortgagee;
(iii) the legal description of the mortgaged land;
(iv) the principal sum of the mortgage;
(v) - (vi) repealed 2020 c39 s7(12);
(vii) the term of the mortgage;
(viii) a description of any deletions from, and any
amendments or additions to, the terms of the standard
form mortgage made by the mortgagee;
(ix) any other matter as determined by the Registrar;
(b) the mortgage must contain a statement that the mortgage
consists of those terms and is subject to the terms contained
RSA 2000
in the standard form mortgage that was filed with the
Registrar as varied by any deletions from, or amendments or
additions to, the terms of the standard form mortgage;
(c) the mortgage must set out the identifying number or mark
that was assigned to the standard form mortgage under
section 113(4) that contains the terms referred to in clause
(b);
(d) repealed 2020 c39 s7(12);
(e) the mortgage must be dated and executed by the mortgagor,
and if there is more than one mortgagor, by all the
mortgagors, to the mortgage and witnessed if witnesses are
required.
(2) A mortgage completed and executed under this section has the
same force and effect as if the mortgage had set out the actual
terms contained in the standard form mortgage filed with the
Registrar under section 113 as varied by any deletions from, or
amendments or additions to, the terms of the standard form
mortgage.
RSA 2000 cL-4 s114;2020 c39 s7(12)