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Provision as to the Payment of Money into Court.
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17. On the Application of the Owner of the Land charged with any Debenture, and on being satisfied by Affidavit or otherwise that the Principal Money has remained unpaid for Thirty Days by reason of Failure on the Part of the Debenture Holder to receive Payment, or that there is other proper Ground for the Application, the Court may, if and on such Terms as it shall think fit, order that the Applicant be at liberty, within Seven Days or such other Time as it shall consider reasonable, to pay the Principal due and the Interest up to the Date of such Payment into the Bank of Ireland, to the Account of such Matter as the Court may direct, with the Name of the Owner of the Land, but in trust to attend the Orders of the Court.
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