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Under the T.P. Act personal obligation to pay mortgage money accrues in:—

A personal covenant to repay the mortgage money exists in "Simple and English mortgages" under Section 58(b) and 58(e) of the Transfer of Property Act, but not in a…

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Under the T.P. Act personal obligation to pay mortgage money accrues in:—

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Correct answer C

A personal covenant to repay the mortgage money exists in "Simple and English mortgages" under Section 58(b) and 58(e) of the Transfer of Property Act, but not in a "Usufructuary mortgage" or a "Mortgage by conditional sale".

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