402. Mortgagee's general right to prevent deterioration of security.

In general, a mortgagee is entitled to bring proceedings to prevent the deterioration of his security1. Where the property is to be compulsorily acquired, notice to treat must be served on him as well as on the mortgagor2. If the property consists of licensed premises, the mortgagee can appeal to the Crown Court against non-renewal of the licence3. A prior mortgagee is also entitled to an injunction to prevent the mortgaged property being taken or dealt with by a subsequent incumbrancer4, but the mortgagee cannot obtain an injunction unless he is prejudiced by the conduct complained of. Thus if