53. Besides the amount due on the loan, the Bank may recover from the debtor or any person acting on his behalf-
| (a) all moneys expended by the Bank, in accordance with the covenants contained in the mortgage bond executed by the debtor, in the payment of premiums and other charges in respect of the policy of insurance effected on the property mortgaged to the Bank and in the payment of all other costs and charges authorized to be incurred by the Bank, under the covenants contained in the mortgage bond executed by the debtor; and |
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| (b) the costs of advertising the sale and of selling the property: |
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| (c) In any case where the property mortgaged as security for the loan consists of the interest of the debtor under a lease from the Crown, and such property has been surrendered to the Crown in accordance with the provisions of section 59, all moneys paid to the Crown by the Bank on such surrender as moneys due to the Crown by the debtor under the said lease. |
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Sri Lanka Consolidated Acts