Section 144

that the chargor will pay to the chargee the principal sum mentioned in the charge with interest thereon in accordance with the provisions of the charge;

that the chargor will, during the continuance of the charge, punctually pay all rates, taxes and charges as and when the same become due in respect of the said land;

that the chargor will maintain and keep in a reasonable state of repair all buildings or other improvements erected or made upon the land and that the chargee may at all reasonable times, until such charge is satisfied, upon giving to the chargor two days previous notice, enter by himself or by his agent into and upon such land to view and inspect the state of repair of such buildings or improvements;

that the chargor will, in the case of a charge of country land, continue to maintain and cultivate in a proper manner all parts of the land, other than such parts as may lawfully be used for other than agricultural purposes, and that the chargee may at all reasonable times, until such charge is satisfied, enter upon

127

such land to view and inspect the state of maintenance and cultivation;

in any case where a charge is subject to a prior charge, there shall also be implied a covenant by the chargor that he will duly and punctually pay all principal, interest and other moneys secured by, and perform and observe all the covenants and conditions contained or implied in, any charge having priority to this present charge.

Redemption