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Section 64. TPA, Renewal of mortgaged lease.


<p align="left">Where the mortgaged property is a lease <b><sup>1</sup></b>[***], 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.</p>

<p align="left">———————-</p>

<p align="left"><b>1. The words “for a term of years” omitted by Act 20 of 1929, sec. 28.</b></p>
 

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