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Security for the repayment of loan.
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5. Every such loan made under this Act shall be repaid by the payment of an annual rentcharge as in the principal Act mentioned, and all lands, buildings, and premises in respect of which any such loan shall be made shall be deemed to be and shall be well charged with the payment of such rentcharge, and that in priority to all charges and incumbrances whatsoever affecting such estate or interest, save and except quitrents and rentcharges in lieu of tithes, and except all charges prior in date (if any) existing under any of the Acts mentioned in the schedule to the principal Act: Provided always, that in case such lands, buildings, or premises shall be held under any grant or demise, nothing therein contained shall prejudice or affect the right of the grantor or lessor in any such grant or demise, or of any superior grantor or lessor; and every such rentcharge shall be recovered in like manner as any rentcharge under the principal Act.
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