Position of the law on the right of a mortgagor to redeem a mortgaged property
"In the instant case, the property was mortgaged to secure a loan. The 3rd respondent had consistently, persistently, stridently and strenuously stated, that the property was not foreclosed and there was no evidence to the contrary in the record of appeal placed before us. See Paragraph 6 of the 3rd respondents amended statement of defence earlier reproduced in this judgment.
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