There is no objection to a stipulation that a mortgagee is to have a collateral advantage1 provided that:
(1) it is not unfair and unconscionable2;
(2) it is not in the nature of a penalty clogging the equity of redemption3;
(3) it is not inconsistent with or repugnant to the right to redeem4; and
(4) it is not an unreasonable restraint of trade5.
So long as these requirements are met, there is no objection to a collateral benefit continuing after redemption, and no rule which permits the mortgagor to redeem merely on payment of principal,
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