2012 Kentucky Revised Statutes CHAPTER 382 CONVEYANCES AND ENCUMBRANCES 382.295 Recording master form for mortgages -- Incorporation by reference of contents.
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382.295 Recording master form for mortgages -- Incorporation by reference of
contents.
(1)
(2)
(3)
An instrument containing forms of covenants, conditions, obligations, powers, and
other clauses of a mortgage may be recorded in the county clerk's office of any
county, and the county clerk of such county, upon the request of any person, on
tender of the lawful fees therefor, shall record the same. Every such instrument shall
be entitled on the face thereof as a "Master form recorded by .... (name of person
causing the instrument to be recorded)." The instrument need not be acknowledged
to be entitled to record.
When any such instrument is recorded, the county clerk shall index the instrument
under the name of the person causing it to be recorded in the manner provided for
miscellaneous instruments relating to real estate.
After the form mentioned in subsection (1) of this section is recorded, any of the
provisions of such master form instrument may be incorporated by reference in any
mortgage of real estate situated within this state, if the reference in the mortgage
states that the master form instrument was recorded in the county in which the
mortgage is offered for record and states the date when and the book and page or
pages where the master form instrument was recorded. The recording of any
mortgage which has so incorporated by reference therein any of the provisions of a
master form instrument recorded as provided in this section shall have like effect as
if the provisions of the master form so incorporated by reference had been set forth
fully in the mortgage.
History: Created 1970 Ky. Acts ch. 88, secs. 1-3.
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