9
THE HONGKONG GOVERNMENT GAZETTE, 7TH JULY, 1905.
non-performance and non-observance of the coven- auts and conditions, so far as they relate to the property conveyed, contained in the Crown Lease Licence or Graat mider which such property is
held.
tion at end of terms.
(e.) A proviso that on the Mortgagor paying to the (2) Redenje
Mortgagee the principal money (without interest ) and all costs lawfully due to the Mortgagee in respect of the mortgage the Mortgagee will at the request and cost of the Mongagor release the mort- gaged property to the Mortgagor as in this Ordin- anee is provided,
intention to
(d.) A proviso that the Mortgagor shall not be entit- (7) Notice of
led to redeem the mortgage except on giving three redeem. mouths" previous notice in writing to the Mortgagee of his intention so to do.
25. A transfer of mortgage made in Form D in the Effect of Schedule hereto shall have effect as follows, namely:-
(6.) There shall be vested in the person to whom the mortgage is expressed to be transferred thereinafter called the transferee") the right to demand suc for, recover and give receipts for the mortgage money or the unpaid part thereof, an interest (if any) due thereon and thenceforth to become due thereon, and the benefit of all securities for the same, and the benefit of amd the right to sue on all coven- ants with the Mortgagee and the right to exereise all powers of the Mortgagee.
(6.) All the estate and interest of the Mortgagee in the mortgaged property shall vest in the transferec subject to redemption,
transfer of mortgage,
26. In any Lease made in the Form E of the Schedule: Leases, hereto the following covenants by the Lessor and Lessen Implied shall be implied, namely
CHANTS:
(4.) A covenant by the Lessee at all times during (0) To pay- the continuance of the Lease to pay the rent at the rent and
yield up at time, or times, and in the manner in which such End of ferm. rent is stated to be paid in the Lease, and all rates, taxes and assessments payable in respect thereof, except as otherwise expressly stated, and to keep and deliver up the said premises to the Lessor or persons deriving title under him at the expiration or sooner determination of the term or tenancy in good order and condition according to the enstom of the country,
(b.) A covenant by the Lessor to permit the Lesser, cổ) Quier
and those deriving title from or under him, to cuter joyment. into and upon, or receive, and thenceforth quietly hold and enjoy, or take the subject matter expressed to be leased during the continuance of the term or tenaney, so long as the Lessee shall perform all the covenants, agreements and conditions contained in suel lease and on his part to be observed and performed.
(r.) A reservation for the Lessor at all times in the (2) Lessor's
daytime, by himself or his agents, of the right to fight to in- enter into and upon the said premises for the
spect, pur- pose of inspecting the same.
for re-entry.
(d.) A proviso that the Lessor, or person deriving (4) Proviso
title under him, may, in the event of the rent or any part thereof being in arrear for the space of 21 day's after any of the days when it ought to be paid, or on the breach by the Lessee of any covenauts, conditions, or agreements by him (either expressed or implied), re-enter upon the said premises the subject matter of the lease, or any part thereof in the name of the whole, and thereupon the said lease shall absolutely determine and become void.
enant on
27. In any Conveyance under this Ordinance where any Implied cov- person is expressed to convey as Mortgagee or Trustee or Conveyance as personal representative of a deceased person, or under by Mort- an order made under this Ordinance or by any Court of Law, then the following covenant only, which covenant sten, &c.
gagce. Tru-
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1097