When a dealing subsequent to a first mortgage or encumbrance is made, the first mortgagee or encumbrancee, if the first mortgagee or encumbrancee, respectively, holds the certificate of title, if any, or the duplicate registered dealing, if any, evidencing title to the land affected, shall, upon being requested to do so by the person entitled to the benefit of the subsequent dealing but at the cost of that person, produce the certificate of title, if any, or duplicate registered dealing, if any, to the Recorder so that the subsequent dealing may be registered.