Fletcher _Franz_ V Jamaican Redevelopment Foundation.pdf

‘It shall and may be lawful for any person entitled toor claiming under any mortgage of land to make anentry, or bring an action or suit to recover such land,at any time within twelve years next after the lastpayment of any part of the principal money orinterest secured by such mortgage, although morethan twelve years may have elapsed since the time atwhich the right to make such entry or bring suchaction or suit shall have first accrued.’Section 30 of the same Act goes on to say:‘At the determination of the period limited by this Partto any person for making an entry, or bringing anyaction or suit, the right and title of such person to theland or rent, for the recovery whereof such entry,action or suit respectively might have been made orbrought within such period, shall be extinguished.’And according to Section 33:‘No action or suit or other proceedings shall bebrought to recover any sum of money secured by themortgage, judgment or lien, or otherwise chargedupon or payable, out of any land or rent, at law or inequity, or any legacy, but within twelve years nextafter a present right to receive the same shall haveaccrued to some person capable of giving adischarge for or release of the same, unless in themeantime some part of the principal money, or someinterest thereon, shall have been paid, or someacknowledgement of the right thereto shall havebeen given in writing signed by the person by whomthe same shall be payable, or his agent, to theperson entitled thereto, or his agent; and in suchcase no such action or suit or proceeding shall bebrought but within twelve years after such paymentor acknowledgement, or the last of such payments oracknowledgements if more than one, was given’.”