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Paragraph 3 Observance of conditions in title, payment of duties, charges, etc., and general compliance with requirements of law relating to security subjects.

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

It shall be an obligation on the debtor—

(a)

to observe any condition or perform any obligation in respect of the security subjects lawfully binding on him in relation to the security subjects;

(b)

to make due and punctual payment of any ground burden, teind, stipend, or standard charge, and any rates, taxes and other public burdens, and any other payments exigible in respect of the security subjects;

(c)

to comply with any requirement imposed upon him in relation to the security subjects by virtue of any enactment.