420 - Enforcement of mortgages, charges, liens and incumbrances.

§  420. Enforcement of mortgages, charges, liens and incumbrances. All  charges, liens and  incumbrances  on  registered  property,  or  on  any  estate,  right  or  interest  in the same, and all rights therein may be  enforced as now allowed by law; and  all  laws  with  reference  to  the  foreclosure,  release  or  satisfaction  of  mortgages  shall  apply  to  mortgages on registered property or on any  estate,  right  or  interest  therein,  except  as  herein  otherwise  provided, and except that until  notice of the pendency of any suit to  enforce  such  mortgage,  charge,  lien  or  incumbrance  is filed in the registrar's office and a memorial  thereof entered on the certificate in the title book,  the  pendency  of  such  suit shall not be notice to the registrar or to any person dealing  with the property or any right or interest therein. Upon the sale  under  foreclosure  or  other  action  or proceeding directing the sale of real  property, the title to which is then a registered title, it shall be the  duty of the officer making the sale to report such sale to  the  justice  assigned  to  the  "title part" of the special term, who shall thereupon  designate an official examiner of title to examine into  the  action  or  proceeding  or  any other fact or circumstance affecting the title since  the last registration thereof. The examiner of title shall  prepare  his  report  immediately  and  shall file one copy with the court designating  him and one copy with the officer making the sale.  The  officer  making  the  sale  shall  not  deliver  a  deed  of  the property sold until the  examiner's report is filed with him showing the regularity of  the  acts  and  proceedings  subsequent  to  the  last  registration  of title. The  justice of the "title part" shall upon the production of the  deed  from  the  officer making the sale and upon the report of the examiner approve  said deed and make an order directing  the  registrar  to  register  the  title  accordingly.  The  fees for the services of the official examiner  under this section shall not exceed the sum of five  dollars  unless  an  additional allowance is directed by the justice of the "title part."