80Implied obligations in mortgages

80 Implied obligations in mortgages (1) In every instrument of mortgage there is implied on the part of the mortgagor the obligation that the mortgagor will pay the principal money and interest secured according to the rate and at the times specified in the mortgage without any deduction. (2) In every instrument of mortgage of land there is also implied on the part of the mortgagor the obligation that: (a) the mortgagor will keep all buildings and other improvements erected and made on the land in as good and substantial repair as they were in at the date of the mortgage; and (b) the mortgagor will permit the mortgagee, with or without agents, to enter on the land at all convenient times until the mortgage is redeemed to view and inspect the state of repair of the buildings and other improvements. (3) If a mortgage is by deed, an obligation implied by this section takes effect as a covenant on the part of the mortgagor. (a) applies only to the extent that a contrary intention is not expressed in the instrument of mortgage; and (b) has effect subject to the tenor and terms of the instrument of