In case of an usufructuary mortgage, the mortgagor delivers possession, or expressly or by implication binds himself to deliver possession o...
In case of an usufructuary mortgage, the mortgagor delivers possession, or expressly or by implication binds himself to deliver possession of the mortgaged property to the mortgagee. He further authorises him to retain such possession until payment of the mortgage money. The mortgagee is also authorised to receive the rent and profits accruing from the property and to appropriate them in lieu of interest or in payment of the mortgage money
