Western Australian Current Acts Western Australian Current Acts Subject to the
provisions of section 112A the mortgagee or annuitant or his transferees upon
default in payment of the principal sum or interest or annuity or any part
thereof respectively at the time mentioned in the mortgage or charge may enter
into possession of the mortgaged or charged land by receiving the rents and
profits thereof and may distrain upon the occupier or tenant of the land under
the power to distrain hereinafter contained or may bring an action of
ejectment to recover the land either before or after entering into the receipt
of the rents and profits thereof or making any distress and either before or
after any sale of such land shall be effected under the power of sale
aforesaid in the same manner in which he or they might have brought such
action if the mortgage money or annuity had been secured to him or them by an
assurance of the legal estate in the land mortgaged or charged; and any
mortgagee or his transferees shall be entitled to foreclose the right of the
mortgagor or his transferees to redeem the mortgaged land in manner
hereinafter provided.
[Section 111 amended: No. 17 of 1950 s. 28.]