§ 416. Proceedings to register mortgage, lease or other lien or
charge. On the filing of the instrument creating such mortgage, lease
or other lien or charge in the registrar's office and the production of
the duplicate certificate of title, he shall enter upon the certificate
of title and upon the duplicate certificate a memorial thereof and the
date of filing the instrument with a reference to its file number, which
memorial shall be signed by the registrar who shall deliver to the
person filing such instrument a certified copy of such instrument, if it
is a mortgage, certified to be the "registration copy of mortgage." The
registrar shall also note upon the instrument filed the number of the
certificate on which the memorial is entered. Any mortgage registered
pursuant to this section shall be subject to the provisions of article
eleven of the tax law (being chapter sixty-two of the laws of nineteen
hundred nine), and amendments thereof in the same manner as if said
mortgage were recorded, as provided by section two hundred fifty-three
of said tax law.