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COMMISSIONERS CLAUSES ACT 1847 - SECT 82

Repayment of money borrowed when no time or place has been agreed upon.

82. If no time be fixed in the mortgage deed or assignation in security for
the repayment of the money so borrowed, the party entitled to receive such
money may, at the expiration or at any time after the expiration of twelve
months from the date of such deed, demand payment of the principal money
thereby secured, with all arrears of interest, upon giving six months'
previous notice for that purpose, and in the like case the commissioners may
at any time pay off the money borrowed, on giving the like notice; and every
such notice shall be in writing or print, or both, and if given by a mortgagee
or creditor shall be delivered to the clerk or left at the office of
the commissioners, and if given by the commissioners shall be given either
personally to such mortgagee or creditor, or left at his residence, or if such
mortgagee or creditor be unknown to the commissioners, or cannot be found
after diligent inquiry, such notice shall be given by advertisement in the ...
[Belfast Gazette] ...


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© 1847 Crown Copyright

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