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  • Right of usufructuary mortgagor to recover possession


    : Right of usufructuary mortgagor to recover possession

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  • About :: In the case of a usufructuary mortgage, the mortgagor has a right to recover possession of the property 4[together with the mortgage- deed and all documents relating to the mortgaged property which are in the possession or power of the mortgagee].? (a) where the mortgagee is authorised to pay himself the mortgage-money from the rents and profits of the property.?when such money is paid: (b) where the mortgagee is authorised to pay himself from such rents and profits 5[or arty part thereof a part only of the mortgage-money,]?.when the term (if any), prescribed for the payment of the mortgage-money has expired and the mortgagor pays or tenders to the mortgagee 6[the mortgage-money or the balance thereof] or deposits it in Court as hereinafter provided.