- Always enter each mortgagee on a separate line
- Use the add button to give you a blank row
- Ensure the Joint check box is checked if required
- If mortgagees are to have shares then uncheck the Joint check box and enter the share in the Share of Mortgage field
- For any information other than the mortgagee name use the Part of Land/Complex Mode and click the Add Text button to enter the information such as a limited liability clause
- Always preview to check that the details display correctly
Scenario: John Thomas Smith and Gordon Consulting Limited are the current registered owners they have mortgaged their property with three private mortgagees (A) – Ethel Margaret Floyd (B) – Duane Marcus Floyd and (C) - Angel Kirk Santa
- How do you complete the template?
- Step 1 – select correct Mode (Radio Button) in this case All of Title (this is the default)
- Step 2 – check Mortgagor/s Name/s are correct
- Step 3 – click in Name field and enter mortgagee (A) Ethel Margaret Floyd in blank row
- Step 4 – click Add to insert a blank row and enter mortgagee (B) Duane Marcus Floyd
- Step 5 – click Add to insert a blank row and enter mortgagee (C) Angel Kirk Santa
- Step 6 – complete relevant Mortgage details i.e. Memorandum Number, Type of Mortgage (All Obligations or Fixed Sum), Priority Amount
- Step 7 – click Preview to check the mortgagee names displayed are in the correct order and mortgage details entered are correct.
