Read the full judgment text of HCMP 001949/1983 on BabelCite. This High Court CFI judgment.
1. On the 10th March 1982 the plaintiff CITIBANK N.A. executed a mortgage in favour of the 1st defendant for $170,000 repayable by 120 monthly instalments commencing on the 10th April 1982 on the security of the land and the building erected thereon known as Sheung Tsuen House Lot No. 275, Yuen Long. The mortgage was registered in accordance with the provisions of the Land Registration Ordinance on the 27th March 1982. The 1st defendant defaulted in his payments under the mortgage with the resul