STATUTORY TRANSFER, MORTGAGOR NOT JOINING

THIS TRANSFER OF MORTGAGE made by way of statutory transfer the…………………..day of…………………….2015 between M. [etc.] of the one part and T. of [etc.] of other part supplemental to a legal charge made by way of statutory mortgage dated...........day of ................2015 and made [etc.]

THIS TRANSFER WITNESSES THAT:

In consideration of the sum of N……………….. now paid to M. by T. (being the aggregate amount of N…………………… mortgage money and N……………………. interest due in respect of paid legal charge of which sum M. hereby acknowledges the receipt of M. as mortgagee hereby conveys and transfers to T. the benefit of the said legal charge .

IN WITNESS OF WHICH THE PARTIES HAVE EXECUTED THIS INSTRUMENT OF TRANSFER IN THE MANNER BELOW THE DAY AND YEAR FIRST ABOVE WRITTEN

SIGNED SEALED AND DELIVERED _____________________

By the within named Mortgagor

In the Presence of:

Name:

Address:

Occupation:

Signature:

SIGNED SEALED AND DELIVERED _____________________

By the within named Mortgagee

In the Presence of:

Name:

Address:

Occupation:

Signature:

Note:

This and the next forms also apply to a transfer of a statutory mortgage made before the commencement of this law, which then be referred to as a mortgage instead of a legal charge.