Where the mortgaged property is a lease and the mortgagor obtains...

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Where the mortgaged property is a lease and the mortgagor obtains a renewal of lease then,

A. The mortgagee shall not for the purpose of security, be entitled to new lease

B. The mortgagee shall for the purpose of security be entitled to new lease

C. Mortgagee shall not be entitled to new lease

D. Mortgagee shall be entitled to interest

Answer: Option B

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