Page:An essay on the transfer of land by registration.djvu/81

 Mortgage with Covenant to Insure.

(D) [South Australia.

Bill of Mortgage.

I, John Smith, of Willunga, farmer, being registered as proprietor (certifi- cate of title, vol. I., folio 169) of an estate in fee simple, subject, however, to such encumbrances, liens, and interests as are notified by memoranda endorsed hereon, in that piece of land situated in the Hundred of Willunga, County of Adelaide, bounded as de- scribed in certificate of title aforesaid, containing eighty acres, be the same a little more or less ; plan of vi^hich piece of land is delineated in aforesaid certificate of title, which said piece of land is the Country Section marked 258, delineated in the public map of the said Hundred, deposited in the office of the Surveyor- General, which was originally granted the twelfth day of August, 1857, under the hand and seal of Sir R, G. MacDonnell, Governor-in-Chief of the said Province, to Thomas Jenkins, of Adelaide, in consideration of the sum of Three Hundred Pounds sterling, this day lent to me by James Brown, of Adelaide, the receipt of which sum I hereby acknowledge, do hereby covenant with the said James Brown, that I will pay to him, the said James Bro^vn, the above sum of Three Hundred Pounds on the twelfth day of September, 1861 : Secondly, that I will pay interest on the said sum at the rate of Ten Pounds by the One Hundred Pounds in the year, by equal quarterly payments, on the twelfth day of December, twelfth day of March, twelfth day of June, and on the twelfth day of September, in every year : Thirdly, that I will insure the dwelling-house, stable, and out-buildings erected and built on the above Section, in such Insurance Office as the said James Brown may direct : And for the better securing to the said James Brown the repayment in manner aforesaid of the said principal sum and interest, I hereby mortgage to the said James Brown all my estate and interest in the said land above described. In witness whereof I have hereto signed my name, this twelfth day of September, 1858.

John Smith, Mortgagor.

Signed by the above-named John Smith, as mortgagor, this twelfth day of September, 1858, in the presence of William Jones, of Adelaide.

[Endorsement to the above.]

Correct for the purpose of Registration — James Brown. Endorsement of Transfer of Mortgage.

I, the within-mentioned James Brown, in consideration of Three Hundred Pounds this day paid to me by George Brooks, of Adelaide, the receipt of which sum I do hereby acknowledge, hereby transfer to him the estate or interest in respect to which I am registered as proprietor, as set forth and described in the Avithin written security, together with all my rights, powers, estate, and interest therein.