Victorian Consolidated Legislation

Instruments Act 1958 - SECT 64

Liens by mortgagors

64. Liens by mortgagors

If at the time of making such lien there is in force a mortgage of the farm
whereon such crop is growing or not harvested such lienee shall before
carrying away such crop pay to the mortgagee the amount of interest not
however exceeding twelve months' interest due upon such mortgage at the time
of carrying away such crop and such lienee may repay himself the sum so paid
for interest out of the proceeds of the sale of such crop before paying over
the balance to the lienor.