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Act No. 1736 (friar lands loan fund,) Section 6

Act No. 1736 (friar lands loan fund,) Section 6

Section 6

SEC. 6. In case the mortgagors have failed or neglected to discharge the mortgages in accordance with the agreement therein specified, the Director of Lands shall, upon the maturity of the mortgage notes, proceed to the foreclosure of the mortgages in the manner provided by law. Whenever, in his opinion, the interests of the Insular Government are in jeopardy through the failure or neglect of the mortgagors properly to observe the conditions of the mortgage agreements, the Director of Lands shall likewise proceed to the foreclosure of all mortgages, or shall take such other action as may to him seem necessary in the premises.

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Other provisions in Act No. 1736 (friar lands loan fund,)

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 1736 (friar lands loan fund,) Section 6 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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