Schedule 5Discharge of mortgage debt

# Schedule 5 Discharge of mortgage debt Schedule 5 (Section 91) (1) Discharge of mortgage debt | Memorandum made this day of between and whereby it is acknowledged that the within security [or the annexed security or securities specifying them] has been discharged. | | Witness to signature of C.D.— | | | E.F., | C.D., Mortgagee. | | [Place of abode and description.] | (2) Indorsement of increase or reduction in rate of interest | The rate of interest payable under the within- [or above-] written [or annexed] mortgage is hereby increased [or reduced] to per centum per annum. | | Dated this day of 19 . | | Witness to signature of A.B.— | | | E.F., | A.B., Mortgagor. | | [Place of abode and description.] | | Witness to signature of C.D.— | | | G.H., | C.D., Mortgagee. | | [Place of abode and description.] | (3) Indorsement of increase or reduction of mortgage debt | The principal sum intended to be secured by the within- [or above-] written [or annexed] mortgage is hereby increased [or reduced] to . | | Dated this day of 19 . | | Witness to signature of A.B.— | | | E.F., | A.B., Mortgagor. | | [Place of abode and description.] | | Witness to signature of C.D.— | | | G.H., | C.D., Mortgagee. | | [Place of abode and description.] | (4) Memorandum of shortening or renewal or extension of term or currency of mortgage | The term or currency of the within- [or above-] written [or annexed] mortgage is hereby shortened [or renewed or extended] to the day of 19 . [or as the case may be.] | | Dated this day of 19 . | | Witness to signature of A.B.— | | | E.F., | A.B., Mortgagor. | | [Place of abode and description.] | | Witness to signature of C.D.— | | | G.H., | C.D., Mortgagee. | | [Place of abode and description.] | (4A) Memorandum of variation of mortgage | The provisions of the within- [or above-] written [or annexed] mortgage are varied, omitted or added to in the following manner— | | Dated this day of 19 . | | Witness to signature of A.B.— | | | E.F., | A.B., Mortgagor. | | [Place of abode and description.] | | Witness to signature of C.D.— | | | G.H., | C.D., Mortgagee. | | [Place of abode and description.] | (5) Transfer of mortgage | In consideration of the sum of paid to me by C.D., of , the receipt whereof is hereby acknowledged [Where mortgagor joins, add and with the concurrence of X.Y., the mortgagor named and described in the within- (or above-) written (or annexed) mortgage, who hereby admits that the principal sum of , with interest thereon from the day of , is now owing upon the security of the said mortgage], I hereby assign unto the said C.D. all moneys secured by the within [or above-] written [or annexed] [or by the said] mortgage, and all my rights, powers, and remedies thereunder, and all my estate and interest in the land [or property] therein described. | | Dated this day of 19 . | | Witness to signature of A.B.— | | | E.F., | A.B., Assignor. | | [Place of abode and description.] | | Witness to signature of X.Y.— | | | G.H., | X.Y., Mortgagor. | | [Place of abode and description.] | | Witness to signature of C.D.— | | | K.L., | Accepted. C.D., Assignee. | | [Place of abode and description.] | **sch 5:** Am 1991 No 27, Sch 2 (3).