Armitage was declared insolvent in 1893, at which time his Eimeo property passed to his mortgagor, the apiarist at Eimeo in the 1900 Queensland Post Office Directory.
32.
"In my judgment, when a mortgagor is in actual occupation of the matrimonial home, it cannot be said that his wife also is in actual occupation ."
33.
The trustees of a settlement advanced the trust money on the security of real property which was conveyed to them by the mortgagor, the mortgage deed noticing the trust.
34.
PJ Doyle Wines & Spirits Pty Ltd maintained a close connection with the Empire after 1938, firstly as a mortgagor, and from 1 December 1959 until as the lessee.
35.
Mortgagors paid an average of ?53 per week in mortgage payments while mean weekly rents in the social housing sector were ?8 for housing association tenants and ?9 for local authority tenants.
36.
Morehead installed the Ladner family as caretakers but they left in 1899, the same year in which title passed to Morehead's mortgagor on the property, the Queensland National Bank.
37.
Nonetheless, a mortgagee is well advised to remain respectful of their duty to preserve the value of the mortgaged property both for their own interests and under their potential liability to the mortgagor.
38.
It should also be noted that mortgagors can lose their properties by default on their lease; this could occur where there is unpaid ground rent or unpaid rent on a shared ownership property.
39.
The left-leaning paper was boycotted, especially by auctioneers who would not advertise in it and eventually the business was taken over by Crouch s mortgagor Mark Bembrick, also of Wellington.
40.
Traditionally, the courts have been astute to ensure that the mortgagee did not introduce any artificial stipulations into the contractual arrangements to impede a mortgagor's ability to satisfy obligations and reclaim the property.
