In case of usufructuary mortgage, the mortgagee:

A. Is delivered the possession of the mortgaged property but not authorised to appropriate the rents and profits accruing from the property

B. Is authorized to appropriate the rents and profits accruing from the property, but not delivered the possession of the property

C. Is delivered the possession and is authorized to appropriate the rents and profits accruing from the property

D. Is not delivered the possessionof the mortgaged property but has the right to sell that property to recover the money he advanced

Answer: Option C