s. 79 (b) may bring an action of ejectment to recover the land, either before or after entering into the receipt of the rents and profits and either before or after any sale of the land as aforesaid. (2) A mortgagee of or annuitant upon leasehold land after entering into possession of the land or the receipt of the rents and profits thereof shall, during such possession or receipt and to the extent of any benefit rents and profits which are received, be subject to and liable for the payment of the rent reserved and the performance and observance of the covenants contained or implied in the lease on the part of the lessee. Nos 5842 79 Foreclosure s. 79, 5934 s. 6. (1) Whenever default is made in payment of the S. 79(1) amended by principal sum or interest secured by a mortgage Nos 9324 and such default continues for six months after the s. 6(1)(a), 9976 s. 11. due time for payment the mortgagee may make application in an appropriate approved form to the Registrar for an order for foreclosure. S. 79(2) (2) The application shall be accompanied by a amended by statutory declaration stating— No. 9324 s. 6(1)(b) (a) that such default has been made and has (i)–(iii). continued for the period aforesaid; (b) that notice to pay has been served as hereinbefore provided; S. 79(2)(c) (c) that the land mortgaged has within a period amended by of two years prior to the date of such No. 84/2001 application been offered for sale at public s. 14. auction; (d) that the amount of the highest bidding at such sale was not sufficient to satisfy the
(b) may bring an action of ejectment to recover the land, either before or after entering into the receipt of the rents and profits and either before or after any sale of the land as aforesaid. (2) A mortgagee of or annuitant upon leasehold land after entering into possession of the land or the receipt of the rents and profits thereof shall, during such possession or receipt and to the extent of any benefit rents and profits which are received, be subject to and liable for the payment of the rent reserved and the performance and observance of the covenants contained or implied in the lease on the part of the lessee. Nos 5842 s. 79, 5934 s. 6. 79 Foreclosure s. 79 S. 79(1) amended by Nos 9324 s. 6(1)(a), 9976 s. 11. (1) Whenever default is made in payment of the principal sum or interest secured by a mortgage and such default continues for six months after the due time for payment the mortgagee may make application in an appropriate approved form to the Registrar for an order for foreclosure. S. 79(2) amended by No. 9324 s. 6(1)(b) (i)–(iii). (2) The application shall be accompanied by a statutory declaration stating— (a) that such default has been made and has continued for the period aforesaid; (b) that notice to pay has been served as hereinbefore provided; S. 79(2)(c) amended by No. 84/2001 s. 14. (c) that the land mortgaged has within a period of two years prior to the date of such application been offered for sale at public auction; (d) that the amount of the highest bidding at such sale was not sufficient to satisfy the
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