(c) Further to Question 2(b) above, in your own words and understanding, elaborate and explain in details the two common ways available to lending bank (commercial bank) to execute and effectuate the most common form of security and protection provided by the shareholders of the borrower (shipowner) to the lending bank (commercial bank) in order to take possession of the mortgaged ship in an attempt to fully recover the outstanding loan amount in case if the borrower persistently defaults in repaying the principal amount and periodic interest of mortgage-backed bank loan. (16 marks)