87 Charges by way of legal mortgage

87  Charges by way of legal mortgage

(1)     Where a legal mortgage of land is created by a charge by deed expressed to be by way of legal mortgage, the mortgagee shall have the same protection, powers and remedies (including the right to take proceedings to obtain possession from the occupiers and the persons in receipt of rents and profits, or any of them) as if—

(a)     where the mortgage is a mortgage of an estate in fee simple, a mortgage term for three thousand years without

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