64Renewal of mortgaged lease.
Section 64 · Chapter IV · Rights and Liabilities of Mortgagor · page 26 of the Act
Where the mortgaged property is a lease 3***, and the mortgagee obtains a renewal of the lease, the mortgagor, upon redemption, shall, in the absence of a contract by him to the contrary, have the benefit of the new lease.
3 The words “for a term of years” omitted by Act 20 of 1929, s. 28