563. Mortgagee's rights and responsibilities in relation to chattels.

563.     Mortgagee's rights and responsibilities in relation to chattels.

The mortgagor is subject to an obligation to deliver up vacant possession of the property on the execution of a warrant for possession1. A mortgagee who finds himself in possession of chattels on the execution of a warrant for possession is in law an involuntary bailee2. The duty of an involuntary bailee is to do what is right and reasonable3, and what is right and reasonable depends upon the findings of fact in each case. The relevant conditions of the mortgage provide a framework