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Manny borrowed money from Isko and gave a piece of land as security by way of mortgage. It was expressly agreed between the parties in

Manny borrowed money from Isko and gave a piece of land as security by way of mortgage. It was expressly agreed between the parties in the mortgage contract that upon nonpayment of the debt on time by Manny, the mortgaged land would already belong to Isko. If Manny defaulted in paying, would Isko now become the owner of the mortgaged land? Why

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