Chapter IV — OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES

Section 98Rights and liabilities of parties to anomalous mortgages

Section 98: Rights and liabilities of parties to anomalous mortgages

98. Rights and liabilities of parties to anomalous mortgages

In the case of [an anomalous mortgage] the rights and liabilities of the parties shall be determined by their contract as evidenced in the mortgage-deed, and, so far as such contract does not extend, by local usage.

Amendment notes (1)
  1. Subs . Subs. by Act 20 of 1929, s. 49, for certain words.