159. Form of mortgage to trustees.

159.     Form of mortgage to trustees.

A deed of mortgage to trustees should contain a statement that the money is advanced out of a joint account1. It should not, unless in exercise of an express authority, contain a provision that the mortgage is not to be called in for a period of years2. The statutory power of sale3 ought not as a rule to be excluded where the mortgagees are trustees, but the exclusion of such a power is not necessarily a breach of trust4.