183. Date for repayment.

Fixing a day for payment does not generally indicate the parties' intention that actual payment is to be made on the named date, but only that the mortgagee may call for payment on or at any time after that date if so minded, but not before1. The date fixed is usually six months from the date of the loan or deed, but may be at the end of three months or any other period, or the loan may be made repayable upon demand