Common use of Electronic Registration Clause in Contracts

Electronic Registration. You irrevocably appoint us your attorney to apply to amend a register for the real estate in a land registration office. We must not exercise this right until we can enforce the security. You irrevocably authorize us, and a person we authorize, to agree to, sign and register for you an electronic document needed to register the mortgage or further register it. Where the mortgage is in electronic format, we may also hold a written mortgage. If so, the mortgage in electronic format registers the written mortgage in electronic format, as far as the mortgage in electronic format contains the particulars of the written mortgage. Despite a mortgage being in another format, or any term of the mortgage, or any law, the mortgage in each format continues in force. Where a person named in the mortgage signs the mortgage electronically, each other person signing electronically or otherwise is bound to the mortgage.