Mortgages Decree, 1972 (N.R.C.D. 96).
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LEX-FAOC085967
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This Decree provides rules for the stipulation and execution of a mortgage and defines the effects of a mortgage and relative rights and duties of mortgagors and mortgagees.The rules of this Decree shall govern all mortgages. A mortgage may be created in any interest in movable property which is alienable. The Schedules to this Decree specify implied covenants and model precedents for the form of a mortgage.
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