|
|
Option to be paid out of Sale.
|
20. The Court shall thereupon give to the Holder of every Debenture the Option either to have the Sum due for Principal and Interest on his Debenture paid out of the Proceeds of the Sale, according to the Priority of his Demand, or to have the Interest only paid, and to permit the Principal to remain a Charge on the unsold Lands until the Time appointed by the Debenture for Payment of the Principal.
|
