There are some characteristics of usufructuary mortgage under Section 58 of the Transfer of Property Act:
1. There is no personal liability on the mortgagor.
2. No time limit is fixed.
3. Mortgagee takes the whole or part of the rent and profits.
A. Only 1 and 2 are relevant
B. Only 2 and 3 are relevant
C. Only 1 is relevant
D. All of the above are relevant
Answer: Option D

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