Notification of errors in mortgage bonds and amendments of such bonds
43. Where the bond mortgaging any land to the Authority as security for a loan granted by the Authority contains any clerical or other error or requires amendment or alteration in respect of any provision contained therein, such error may be rectified or such amendment or alteration may be made by an endorsement on such bond signed by the mortgagor and the Authority or any officer authorized in that behalf by the Authority. Such an endorsement upon registration in the office of the Registrar of Lands, shall be sufficient for all purposes to rectify the error or to effect the amendments, alterations and the bond on which any such endorsement is made shall, when it is registered in the office of the Registrar of Lands, have effect as though it had been originally executed as so rectified or amended or altered. |