sec.17DAction after notice given to mortgagee

sec.17D Action after notice given to mortgagee

The mortgagor may, within 21 days after the mortgagee gives the mortgagor notice under section 17C , give the mortgagee written notice requiring the mortgagee to— sell the farm equipment to a person nominated by the mortgagor at a price not less than the best price estimate for the farm equipment stated in the notice given under section 17C ; or return the farm equipment to the mortgagor under section 17E . s 17D ins 2002 No. 52 s 10

• (a) sell the farm equipment to a person nominated by the mortgagor at a price not less than the best price estimate for the farm equipment stated in the notice given under section 17C ; or
• (b) return the farm equipment to the mortgagor under section 17E .