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Section 94 of Transfer of Property Act

Rights of mesne mortgagee.— Where a property is mortgaged for successive debts to successive mortgagees, a mesne mortgagee has the same rights against mortgagees posterior to himself as he has against the mortgagor.

Section 96 of Transfer of Property Act

Mortgage by deposit of title-deeds.— The provisions hereinbefore contained which apply to a simple mortgage shall, so far as may be, apply to a mortgage by deposit of title-deeds.