Mortgages Mortgages
C1And with respect to the mortgages to be executed by the commissioners, be it enacted as follows:
- 75Form of mortgage.
- 76Register of mortgages to be kept and to be open to inspection.
- 77Transfer of mortgages.
- 78Register of transfers to be kept.
- 79Interest on mortgages to be paid half-yearly.
- 80Power to borrow money at a lower rate of interest to pay off securities at a higher rate.
- 81Repayment of money borrowed at a time and place agreed upon.
- 82Repayment of money borrowed when no time or place has been agreed upon.
- 83Interest to cease on expiration of notice to pay off a mortgage debt.
- 84Monies borrowed on security of rates to be paid off in a limited period.
- 85Mode of paying off mortgages.
- 86Arrears of interest, when to be enforced by appointment of a receiver. Arrears of principal and interest.
- 87As to the appointment of receiver.
- 88Account books to be open to the inspection of mortgagees.
Annotations
Modifications
- C1
Ss. 75–88 incorporated by Land Drainage Act 1976 (c. 70), s. 87(5)